Press Release

Global 4K Medical Imaging market is expected to grow at a CAGR of 12% during 2021-26

According to the MarkNtel Advisors’ research report, “Global 4K Medical Imaging Market Analysis, 2021," the market is likely to grow at a CAGR of 12% during 2021-26. The emergence of advanced technologies in visualization has provided the immense potential for new technologies to propel the overall growth of the 4K medical imaging market. There is also an increasing demand for super visualization quality to perform diagnostic procedures like radiology, X-ray, CT scan, MRI, and endoscopy, which requires high-contrast and deeper black to detect abnormalities. Thus, the 4K display helps see an image with more clarity & color and allows zoom to a large extent without causing image distortion.

Key questions answered in the study

1. What are the current and future trends in the Global 4K Medical Imaging market?
2. How has the industry been evolving in terms of geography and services adoption?
3. How has the competition been shaping across the countries, followed by their comparative factorial indexing?
4. What are the key growth drivers and challenges for the Global 4K Medical Imaging market?
5. What is the customer orientation, purchase behavior, and expectations from the Global 4K Medical Imaging market service provider across various regions?

4K UHD (3840 x 2160) Resolution Exhibits Fastest Growth

Based on Resolution, the market segments are 4K DCI (4096 X 2160) and 4K UHD (3840 x 2160). The 4K UHD ((3840 x 2160) has dominated the 4K medical imaging market in the previous year. The majority of 4K medical display devices come with 3840 x 2160-pixel resolution that is exactly four times the pixel count of full HD displays, i.e., 1920 x 1080. Thus, the image quality is highly superior. The other segment, 4K DCI (4096 X 2160) resolution, is majorly used in the film industry as 4K displays.

“Global 4K Medical Imaging Market Analysis, 2021” provides comprehensive, qualitative, and quantitative insights on the market potential, key factors impacting the market growth, hotspots, and opportunities available for 4K Medical Imaging providers across the globe. Moreover, the report also encompasses the key strategic imperatives for competitors' success and strategic factorial indexing to measure their capabilities on 16 parameters, which will help companies formulate 'Go to Market' strategies and identify the blue ocean for their offerings. 

Asia-Pacific Exhibits Fastest Growth

The Asia-pacific market is likely to register the fastest growth in the Global 4K Medical Imaging market during 2021-26 due to the growing healthcare infrastructure and increasing expenditure in diagnostic imaging. Along with this, snowballing insurance coverage and improving reimbursement framework in the Asia-Pacific countries. Thus, the region is projected to contribute to the growth of the global 4K Medical Imaging market in the forecast period, reveals MarkNtel Advisors in their research report, "Global 4K Medical Imaging Market Analysis, 2021."

According to MarkNtel Advisors, the major leading players in the global 4K Medical Imaging market are Steris plc, Barco NV, Sony Corporation, Novanta, Inc., Olympus Corporation, Leica Microsystems AG (Danaher Corporation), Conmed Corporation, Sharp NEC Display Solutions, Ltd., Stryker Corporation, EIZO Corporation, Ikegami Tsushinki Co., Ltd., Smith & Nephew plc, Zimmer Biomet Holdings, Inc., Karl Storz SE & Co. KG, etc.

Market Segmentation:

1. By Product Type (4K Camera System (Components {Medical Recorders, Endoscopic Cameras, Camera Control Units (CCUs), Microscopic Cameras, OR Cameras}, Medical Display {Resolution (4K DCI (4096 X 2160),4K UHD (3840 x 2160)), Panel Size (Less than 28" Displays Panels, 28"-54" Displays Panels, more than 55" Displays Panels)}, 4K Advanced Visualization Systems (Microscopic Systems))
2. By Region (North America, South America, Europe, Asia-Pacific, Middle East & Africa)
3. By Country (US, Canada, Mexico, Brazil, UK, Italy, Germany, France, Spain, The Netherlands, Switzerland, GCC, South-Africa, China, India, Japan, South-Korea, Australia, Singapore)
4. By Competitors (Steris plc, Barco NV, Sony Corporation, Novanta, Inc., Olympus Corporation, Leica Microsystems AG (Danaher Corporation), Conmed Corporation, Sharp NEC Display Solutions, Ltd., Stryker Corporation, EIZO Corporation, Ikegami Tsushinki Co., Ltd., Smith & Nephew plc, Zimmer Biomet Holdings, Inc., Karl Storz SE & Co. KG)