(MENAFN- Straits Research) A display with a 4K resolution will have a horizontal resolution of about 4,000 pixels. In digital broadcasting and cinematography, 4K resolutions are frequently used. Infrastructure investments in the healthcare sector are increasing as evidence of successful and encouraging diagnosis, and treatment outcomes grow. An increase in new businesses producing advanced imaging and visualization equipment is also entering the healthcare sector. As a result, the global market for 4K medical imaging devices has exploded. The reluctance of physicians to adopt modern technologies, such as 4K imaging, is one of these concerns. These innovations are anticipated to considerably impact the 4K medical imaging industry during the forecast period, causing the market to expand exponentially.
Market Dynamics
Rising Demand for 4K Medical Imaging and Growing Elderly Population in Emerging Countries Drives the Global Market
Hospitals, diagnostic centers, and other industries can be classified under the global 4K medical imaging market. The study's findings indicate that hospital end-users highly demand accurate diagnoses. Precision diagnosis and treatment of the various body parts of patients are made possible by the facilities' superior medical imaging technology and highly skilled medical staff. Incorporating 4K medical imaging technologies in hospital settings, such as MRI and CT scanners, contributes further to the sector's expansion.
Various market participants in North America are concentrating on producing novel 4K medical imaging systems or solutions for improved patient management beneficial to the industry demand. The astounding increase in the elderly population necessitates the development of new medical imaging techniques, and the government's supportive policies have established themselves as additional drivers of industry expansion. Additionally, as chronic diseases such as cancer and others continue to rise in the region, there is likely to be an increase in the need for cutting-edge 4K medical imaging technology in the region's hospitals and diagnostic centers.
Regional Analysis
North America is dominant in the global 4K medical imaging market
due to patients' increasing acceptance of advanced technology and the region's well-established healthcare industry. Remarkably, the increasing older population that requires medical imaging modalities and favorable government measures prove to be further catalysts for economic expansion. In addition, the region's hospitals and diagnostic facilities would undoubtedly require more modern 4K medical imaging systems due to the rising prevalence of chronic diseases like cancer and others.
Key Highlights
The global 4K medical imaging market was valued at USD 3.91 billion in 2021. It is projected to reach USD 2.92 billion by 2030, growing at a CAGR of 12.28% during the forecast period (2022–2030).
Based on product type, the global 4K medical imaging market is subdivided into 4K camera systems, 4K medical displays, and 4K Advanced Visualization Systems (Microscopic Systems). The most significant portion of the 4K medical imaging market comprises 4K medical displays due to the adoption of hybrid operating rooms
Based on resolution type, the 4K medical display market is categorized into 4K UHD (3840*2160) medical displays and 4K DCI (4096*2160). Ultra HD or 4K resolution is 3840 X 2160 pixels, implying that a 4K image is created by combining four HD photos.
Based on panel size, the market for 4K medical displays is classified into 28" and smaller display panels, 28"-54" display panels, and 55" and larger display panels.
North America is dominant in the global 4K medical imaging market.
Competitive Analysis
The global 4K medical imaging market's major key players are
Olympus Corporation
Siemens Healthineers AG
Sony Corporation
B. Braun Melsungen AG
Eizo Corporation
LG Corporation
Stryker Corporation
Innolux Corporation
Medtronic plc Carl Zeiss
Braco N.V.
Leica Microsystems (Danaher Corporation)
Sharp NEC Display Solutions, Ltd
Ikegami Tsushinki
Zimmer Biomet
Market News
June 2022- Olympus to Use 100% Renewable Electricity at R&D and Manufacturing Sites in Japan.
March 2022- Siemens Healthineers unveils its latest innovations in Medical Imaging at IRIA 2022.
February 2022- Sony and KDDI Succeed at using 5G Standalone for PlayStation® Game Streaming and 8K Live Streaming.
May 2022- B. Braun Melsungen AG, Aesculap secures the digital surgical microscope distribution rights.
Global 4K Medical Imaging Market: Segmentation
By Product type
4K Display
4K IP Cameras
4K Advanced Visualization System
By Panel Size
28"
28-54"
55"
By Resolution Type
4K UHD (3840*2160)
medical displays
4K DCI (4096*2160)
By Regions
North America
Europe
Asia-Pacific
LAMEA
This website uses cookies to ensure you get the best experience on our website. Privacy Policy
MENAFN12042024004597010339ID1108087116
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.