Japan Medical Display Market Size, Share, and COVID-19 Impact Analysis, By Panel Size (Under 22.9, 23.0-26.9, 27.0-41.9, & Above 42 Inch Panels), By Technology (LED Backlit Displays, OLED Displays, and TFT LCD Display), and Japan Medical Display Market Insights, Industry Trend, Forecasts to 2033

Japan Medical Display Market Insights Forecasts to 2033

• The Japan Medical Display Market Size was valued at USD 178.32 Million in 2023
• The Market is Growing at a CAGR of 5.17% from 2023 to 2033
• The Japan Medical Display Market Size is Expected to Reach USD 295.25 Million by 2033

The Japan Medical Display Market is Anticipated to Reach USD 295.25 Million by 2033, growing at a CAGR of 5.17% from 2023 to 2033.

Market Overview

The market for high-resolution medical monitors and displays in Japan is the area of the healthcare sector devoted to their manufacture, use, and distribution. A medical display is a monitor designed to satisfy the exacting requirements of medical imaging. Radiology, breast imaging, surgery, digital pathology, dentistry, and other specialties are the ones for which they are made. The need for diagnostic imaging systems in the nation is being suggested by the rise in chronic disease and lifestyle-related disorders as well as the aging of the population. In Japan, cardiovascular diseases claim the lives of over 310,000 individuals annually, according to a March 2024 article in the Journal of Cardiology. Medical displays are becoming more and more important for accurately diagnosing patients and helping them manage their problems as a result of the rising prevalence of conditions like cancer and cardiovascular disorders, among other chronic diseases.

Report Coverage

This research report categorizes the market for the Japan medical display market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan medical display market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Japan medical display market.

Driving Factors

One of the important factors that drives the demand for medical displays in Japan is the increasing population of elderly people. In Japan, the population of elderly people is increasing, which is the reason for the rise in the number of operations or surgeries for various problems such as joint problems and heart problems. For this critical surgery, many doctors utilize medical displays to perform precise operations that increase the demand of medical display in japan. Additionally, government support and private investment in the medical and healthcare sector of Japan boosted the advanced technology in Japan's healthcare sector which further propelled the market for Japan's medical display market.

Restraining Factors

The market for medical displays in Japan is constrained by a number of factors, including the high expense of sophisticated medical display technology and strict regulatory restrictions. Manufacturers may find it expensive and time-consuming to comply with Japan's stringent medical device laws, such as the Pharmaceuticals and Medical Devices Act (PMD Act).

Market Segmentation

The Japan medical display market share is classified into panel size and technology.

• The 23.0-26.9 segment is expected to hold a significant market share through the forecast period.

The Japan medical display market is segmented by panel size into under 22.9, 23.0-26.9, 27.0-41.9, & above 42 inch panels. Among these, the 23.0-26.9 segment is expected to hold a significant market share through the forecast period. Their balanced size, adaptability, and affordability are the reasons for their high segment growth; they are perfect for thorough medical imaging diagnostics in a variety of healthcare settings. Their appeal is further increased by the fact that they are compatible with medical equipment and meet the growing demand for telemedicine.

• The LED backlit displays segment is expected to hold a significant market share through the forecast period.

The Japan medical display market is segmented by technology into LED backlit displays, OLED displays, and TFT LCD displays. Among these, the LED backlit displays segment is expected to hold a significant market share through the forecast period. Their exceptional image quality, high resolution, and color accuracy are essential for accurate diagnostic image interpretation.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Japan medical display market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Nihon Kohden Corporation
• Fukuda Denshi Co., Ltd.
• Eizo Corporation
• Sony Corporation
• Panasonic Healthcare Co., Ltd.
• Hitachi, Ltd.
• Shimadzu Corporation
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at Japan, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Japan Medical Display Market based on the below-mentioned segments:

Japan Medical Display Market, By Panel Size

• Under 22.9
• 23.0-26.9
• 27.0-41.9
• Above 42 Inch Panels

Japan Medical Display Market, By Technology

• LED Backlit Displays
• OLED Displays
• TFT LCD Display