28"" and Smaller Panels Lead 4K Medical Displays Market, But 28"" - 54"" Segment Gaining Momentum
The global 4K medical imaging market was valued at US$ 964.4 million in 2022, and is projected to reach US$ 2,210 million by 2030. 4K medical imaging is an advanced imaging technology that allows healthcare professionals to capture and display high-resolution images and videos of the human body. 4K imaging gives four times the precision of traditional HD medical imaging, providing sharper, clearer images with finer details that empower radiologists to discover smaller lesions, subtle abnormalities, and complicated anatomical structures with unprecedented accuracy.
The increasing demand for high-resolution imaging solutions, coupled with advancements in display technology, has contributed to the growing adoption of 4K imaging systems in healthcare settings. Besides this, the increasing prevalence of chronic diseases, such as cancer and cardiovascular diseases, the rising geriatric population, and the shifting consumer preference for minimally invasive surgeries are fueling the demand for advanced medical imaging systems that can provide accurate and detailed images for diagnosis and treatment, thereby positively impacting the market growth.
Recent Developments
- In November 2023, EIZO Corporation launched the CuratOR MIR-1, its first medical imaging recorder for archiving video and still images captured by endoscopy, microsurgery, or surgical field cameras in high-quality 4K UHD resolution (3840 x 2160 pixels) and 60 fps (frames per second).
- In August 2023, Viseon Inc. commercially rolled out the 4K MaxView System in the US and announced the initial clinical use of the 4K advanced visualization system for minimally invasive spine surgery.
- In November 2022, LG Electronics launched its first 27-inch, 4K surgical monitor with Mini LED technology (Model 27HQ710S) at MEDICA 2022, the international tradeshow for the medical sector took place in Düsseldorf, Germany.
- In September 2022, Olympus Corporation announced the launch of VISERA ELITE III, its newest surgical visualization platform that addresses the needs of healthcare professionals (HCPs) for endoscopic procedures across multiple medical disciplines.
By Product Type: Global 4K Medical Imaging Market - Key Takeaways
- The global 4K medical imaging market is dominated by the 4K Medical Displays, owing to the increasing adoption of hybrid operating rooms, which have many benefits, including the integration of multiple pieces of equipment, and cost and time efficiency.
- By Panel Size, the 28"" and smaller display panels is the most popular size for 4K Medical Displays, offering a good balance of size and resolution making them ideal for detailed medical image diagnostics in diverse healthcare settings. However, the 28"" - 54"" display panels segment is anticipated to grow rapidly over the forecast period.
- By Resolution Type, the 4K UHD (3840 x 2160) segment dominates the 4K Medical Displays market, as majority of 4K medical display devices come with 3840 x 2160-pixel resolution.
- The 4K Camera Systems market is projected to grow significantly over the forecast period, owing to technological advancements that improve picture quality and continually improving versatility of the 4K Camera Systems.
- The 4K Advanced Visualization Systems is projected to exhibit highest growth over the forecast period.
By End User: Global 4K Medical Imaging Market - Key Takeaways
- Hospitals dominates the global 4K medical imaging market, owing to increased adoption of advanced medical imaging technologies in hospital settings, such as MRI and CT scanners coupled with availability of highly experienced medical specialists.
- The diagnostic imaging centers is anticipated to experience highest growth over the forecast period owing to increased adoption of advanced technology, improved infrastructure, and substantial funding for these centers’ expansion.
- The rising focus on healthcare and increasing investments in healthcare infrastructure development are expected to drive market for clinics end user segment.
By Region: Global 4K Medical Imaging Market - Key Takeaways
- North America dominated the global 4K medical imaging market in 2022, and will continue to maintain its dominance over the forecast period.
- Europe captured second highest share of the global 4K medical imaging market in 2022, driven by growing demand for superior visualization quality in the medical sector.
- Asia Pacific is likely to witness fastest growth over the forecast period, owing to presence of large patient pool suffering from chronic diseases, rising geriatric population, and improving healthcare infrastructure.
- South America and Middle East & Africa are competing closely to grab maximum share of the global 4K medical imaging market.
This report provides a comprehensive analysis of the Global 4K Medical Imaging Market. The report has been analyzed from 11 View Points:
1) Global - 4K Medical Imaging Market & Forecast (2018 - 2030)
2) Global - 4K Medical Imaging Market Share & Forecast (2018 - 2030)
3) By Product Type - Global 4K Medical Imaging Market & Forecast (2018 - 2030)
4) By Panel Size - Global 4K Medical Displays Market & Forecast (2018 - 2030)
5) By Resolution Type - Global 4K Medical Displays Market & Forecast (2018 - 2030)
6) By Component - Global 4K Camera Systems Market & Forecast (2018 - 2030)
7) By End User - Global 4K Medical Imaging Market & Forecast (2018 - 2030))
8) By Region - Global 4K Medical Imaging Market & Forecast (2018 - 2030)
9) Global 4K Medical Imaging Market - Key Company Profiles
10) Global 4K Medical Imaging Market - Recent Developments
11) Global 4K Medical Imaging Market - Growth Drivers & Challenges
By Product Type - Global 4K Medical Imaging Market & Forecast
1. 4K Medical Displays
- By Panel Size
- Under 28"" Medical Displays
- 28"" - 54"" Medical Displays
- 55"" and Above Medical Displays
- By Resolution Type
- 4K UHD (3840*2160) Medical Displays
- 4K DCI (4096*2160) Medical Displays
2. 4K Camera Systems
- Endoscopic Cameras
- Microscopic Cameras
- Camera Control Units (CCUs)
- Medical Recorders
- OR Cameras
3. 4K Advanced Visualization Systems
By End User - Global 4K Medical Imaging Market & Forecast
- Hospitals
- Diagnostic Imaging Centers
- Clinics
- Other End User
By Region - Global 4K Medical Imaging Market & Forecast
1. North America
- United States
- Canada
- Mexico
2. Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Switzerland
- Belgium
- Netherlands
- Turkey
- Rest of Europe
3. Asia Pacific
- Japan
- China
- South Korea
- India
- Australia
- Rest of Asia Pacific
4. South America
- Argentina
- Brazil
- Rest of South America
5. Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
- Rest of Middle East & Africa
Global 4K Medical Imaging Market - Key Company Profiles, Recent Developments, Financial Insights
1. Stryker Corporation
2. Smith & Nephew PLC
3. Conmed Corporation
4. Medtronic
5. Zimmer Biomet Holdings, Inc.
6. Sony
7. Fujifilm
8. EIZO Corporation
9. Siemens Healthineers
10. Olympus Corporation
11. B. Braun Melsungen AG
12. Barco N.V.
13. Innolux Corporation
14. Sharp NEC Display Solutions Ltd.
15. Ikegami Tsushink
Data Source
The analyst employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. This report is built by using data and information sourced from Proprietary Information Database, Primary and Secondary Research Methodologies, and In-house analysis by a dedicated team of qualified professionals with deep industry experience and expertise.
Research Methodologies
- Primary Research Methodologies: Questionnaires, Surveys, Interviews with Individuals, Small Groups, Telephonic Interview, etc.
- Secondary Research Methodologies: Printable and Non-printable sources, Newspaper, Magazine and Journal Content, Government and NGO Statistics, white Papers, Information on the Web, Information from Agencies Such as Industry Bodies, Companies Annual Report, Government Agencies, Libraries and Local Councils and a large number of Paid Databases.
Table of Contents
1. Executive Summary2. Global - 4K Medical Imaging Market & Forecast (2018 - 2030)
Companies Mentioned
- B. Braun Melsungen AG
- Barco N.V.
- Conmed Corporation
- EIZO Corporation
- Fujifilm
- Ikegami Tsushink
- Innolux Corporation
- Medtronic
- Olympus Corporation
- Sharp NEC Display Solutions Ltd.
- Siemens Healthineers
- Smith & Nephew Plc
- Sony
- Stryker Corporation
- Zimmer Biomet Holdings, Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 225 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 964.4 Million |
| Forecasted Market Value ( USD | $ 2210 Million |
| Compound Annual Growth Rate | 10.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
