Medical Display Companies

The medical displays market is projected to reach USD 3.45 billion by 2030 from USD 2.64 billion in 2025, at a CAGR of 5.5% during the forecast period.

The medical displays market is experiencing growth due to an increasing demand for high-resolution imaging in both diagnostic and surgical procedures. This demand is fueled by the rising prevalence of chronic diseases and a global increase in imaging volumes. Technological advancements, such as 4K and 8K ultra-high-definition displays, OLED and Mini-LED backlighting, and AI-enhanced visualization tools, significantly improve image accuracy and clinical outcomes. These improvements are accelerating the adoption of medical displays in radiology, pathology, and operating rooms.

Strict regulatory standards drive healthcare facilities to transition from consumer-grade displays to certified medical displays, ensuring diagnostic consistency and adherence to legal requirements. However, the high initial costs of advanced medical displays and limited access to capital, especially in small or rural healthcare facilities, pose significant challenges to wider market adoption.

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The prominent players in the medical displays market are Barco (Belgium), EIZO Inc. (Japan), Sony Electronics Inc. (Japan), LG Electronics (South Korea), Novanta (US), FSN Medical Technologies (South Korea), Advantech Co., Ltd. (Taiwan), Quest International (US), STERIS (UK), Jusha Medical (China), and Siemens Healthineers (Germany). These players have implemented various growth strategies, including product launches, acquisitions, and expansions, to enhance their presence and reach in the medical displays market.

Barco dominated the global medical displays market in 2024. The company operates through three business segments that serve both developed and developing countries. Barco focuses on strategies such as product launches, enhancements, agreements, and partnerships to maintain its market presence. Due to its robust sales and distribution network, Barco has a significant global presence in countries like the US, Canada, the UK, Germany, France, Belgium, India, China, and Japan. Additionally, the company has received a CE Mark and an EU Medical Device Regulation (MDR) certificate for its medical display portfolio, which will further enhance its global market presence.

EIZO ranked second in the global medical displays market in 2024. The company is one of the largest providers of diagnostic and surgical displays, offering robust clinical review displays with advanced features. EIZO is dedicated to increasing its research and development efforts to enhance and launch new medical display products. With a strong presence in emerging markets, EIZO's diagnostic displays are considered benchmark products in their category.

Sony is one of the largest players in the market. The company emphasizes both organic and inorganic growth strategies. These include partnerships, collaborations, and product launches aimed at maintaining competitiveness. Sony provides a diverse range of medical displays and has an extensive geographic presence with distribution channels throughout the Americas, Europe, Asia Pacific, and the Middle East.

Market Ranking

The global medical displays market is highly consolidated, with leading companies holding more than 70% of the total market share in 2024. Key players in this market include Barco (Belgium), EIZO (Japan), Sony (Japan), and Novanta Inc. (US).

The key players in the medical displays market are primarily located in developed regions such as North America and Europe. In recent years, however, a number of smaller companies from niche markets have emerged and are competing with global leaders by focusing on product innovation and diversity. The promising growth opportunities in the Asia Pacific and Latin American markets are prompting these companies to enhance their presence in these regions. Furthermore, the increasing adoption of high-resolution displays, the rising prevalence of chronic diseases, and the development of multimodality displays are expected to positively impact the medical displays market in the upcoming years.

Related Reports:

Medical Display Market by Technology (LED-Backlit LCD Display), Panel Size (Under 22.9 Inch Panels), Resolution (4.1-8 MP Resolution Display), Display Color (Color & Monochrome Display), Application (Diagnostics Applications, Dentistry) - Global Forecast to 2030

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