According to the MarkNtel Advisors’ research report, “Global 4K Medical Imaging Market Analysis, 2021”, the market is expected to grow at a CAGR of 12% during 2021-26. The emergence of advanced technologies in the field of visualization has provided the immense potential for the new technologies to propel the overall growth of the 4K medical imaging market. Increase in the demand for super visualization quality to perform diagnostic procedures like radiology, X-ray, CT scan, MRI, and endoscopy where high contrast and deeper black colour are required to detect any abnormalities. Thus, the 4K display helps the user to see an image with more clarity and colour, and the user can even zoom up to a large extent without distorting the image.
Key questions answered in the study
4K UHD (3840 x 2160) Resolution Exhibits Fastest Growth
Within the resolution, the market is classified into 4K DCI (4096 X 2160) and 4K UHD (3840 x 2160) segments. The 4K UHD ((3840 x 2160) has dominated the 4K medical imaging market in 2019. The majority of 4K medical display devices come with 3840 x 2160-pixel resolution which is exactly four times the pixel count of full HD displays that is 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 success for competitors along with strategic factorial indexing measuring competitor's capabilities on 16 parameters. This will help companies in the formulation of Go to Market Strategies and identifying the blue ocean for its offerings.
Asia-Pacific Exhibits Fastest Growth
The Asia-pacific market is projected to register the fastest growth in the Global 4K Medical Imaging market during 2021-26. This is 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 as revealed by MarkNtel Advisors’ 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.