"The global medical display market is growing at a CAGR of 4.6%."
The medical display panel market is expected to reach USD 2.33 billion by 2023 from an estimated USD 1.86 billion in 2018, at a CAGR of 4.6%.
High adoption of hybrid operating rooms, increasing preference for Oled display panel assisted minimally invasive surgeries, shorter replacement cycles, rise in the number of diagnostic imaging clinics, development in healthcare infrastructure in emerging countries, and technological advancements are factors driving the medical display market. However, market saturation in matured markets and the increasing adoption of refurbished and consumer-grade displays may hinder the adoption of these solutions among healthcare providers to a certain extent.The medical display panel market is expected to reach USD 2.33 billion by 2023 from an estimated USD 1.86 billion in 2018, at a CAGR of 4.6%.
"The OLED display panel is expected to register the highest CAGR during the forecast period."
On the basis of technology, the medical display market is segmented into OLED displays. The OLED displays panel is expected to register the highest CAGR during the forecast period. The high growth in this segment is attributed to the fact that OLED technology is more technologically advanced than LED-backlit LCD displays and produces more vivid and high-quality images.
"Diagnostic application is expected to grow at the highest CAGR from 2018 to 2023."
Based on application, the medical display panel market is segmented into diagnostic, surgical/ interventional, dentistry and other applications (clinical review, education and conferencing & training). The surgical/ interventional segment is expected to grow at the highest CAGR during the forecast period. Factors such as increasing preference for minimally invasive surgeries and the high adoption of hybrid operating room displays are the key driving factors of this market segment.
North America held the largest share of the global medical display market in 2017. On the other hand, Latin America is expected to witness the highest CAGR during the forecast period. Factors such as government incentive programs, hospital building projects, rapid transition to digital technology are driving the Latin American market.
The OLED we provide for medical application
As a professional Oled supplier, Panox Display has offered a variety of Oled displays to the medical equipment manufacturers all over the world, about 60% of them are from Europe, 30% from North American, 10% are from East Asia. The products include Holter monitors, handheld pulse Oximeter, Handheld Vital Signs Monitor, Alcohol Breath Tester, CPAP Machine, Sleep Apnea Breathing Apparatus Meter Monitor, etc.
A wide variety of Oled display panels are available to you, such as 0.95 ,1.27,1.77,2.23, 2.7 inch pmoled, 1.63, 2.4, 2.8, 3.26 inch Amoled. Except for the above displays, other sizes Oled also may be suitable for medical equipment, medical display has a large size scale range from 0.49 inch to 19 inch. For more Oled display panel, please go to our OLED products page.
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1.71 inch Full Color PM-OLED |
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| 2.6 inch Amoled 2.6 inch Amoled is a 262K Color Amoled display module with SPI/MCU/RGB interface. This Amoled are similar to CMEL 2.8, can work well under a low temperature of -40 °C which is very suitable for customers from Russia, Canada, and northern Europe. Display Color: 252K Dot Matrix: 240x320 Driver IC: S6E63D6 Interface: SPI/RGB or MCU Wide range of operating temperature: -40 °C to 70 °C Application products: Hand-held |
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| 2.8 inch Amoled 2.8 inch Pmoled is a 262K Color Amoled display module with SPI/MCU/RGB interface. This Amoled can work well under a low temperature of -40 °C which is very suitable for customers from Russia, Canada and, northern Europe. Display Color: 252K Dot Matrix: 240x320 Driver IC: S6E63D6 Interface: SPI/RGB or MCU Wide range of operating temperature: -40 °C to 70 °C Application products: Holter Monitors, Handheld Pulse Oximeter |
