4K Medical Imaging Market, By Type (Magnetic Resonance Imaging, Computed Tomography, X-ray, Ultrasound, Other Types), By End User, Regional Analysis, Key Company Profiles, Financial Insights, Recent Developments - Global Forecast to 2030
The global 4K medical imaging market is projected to reach US$ 2.21 Billion by 2030. 4K medical imaging is an advanced imaging technology that allows healthcare professionals to capture and display high-resolution images and videos of the human body. 4K imaging gives four times the precision of traditional HD medical imaging, providing clear and high-quality image with greater sense of depth and excellent color distinctions that empower radiologists to discover smaller lesions, subtle abnormalities, and complicated anatomical structures with unprecedented accuracy. The increasing demand for high-resolution imaging solutions, coupled with advancements in display technology, has contributed to the growing adoption of 4K imaging systems in healthcare settings. Besides this, the increasing prevalence of chronic diseases, such as cancer and cardiovascular diseases, the rising geriatric population, and the shifting consumer preference for minimally invasive surgeries are fueling the demand for advanced medical imaging systems that can provide accurate and detailed images for diagnosis and treatment, thereby positively impacting the market growth.
Recent DevelopmentsIn November 2023, EIZO Corporation launched the CuratOR MIR-1, its first medical imaging recorder for archiving video and still images captured by endoscopy, microsurgery, or surgical field cameras in high-quality 4K UHD resolution (3840 x 2160 pixels) and 60 fps (frames per second).
In August 2023, Viseon Inc. commercially rolled out the 4K MaxView System in the US and announced the initial clinical use of the 4K advanced visualization system for minimally invasive spine surgery.
In November 2022, LG Electronics launched its first 27-inch, 4K surgical monitor with Mini LED technology (Model 27HQ710S) at MEDICA 2022, the international tradeshow for the medical sector took place in Düsseldorf, Germany.
In September 2022, Olympus Corporation announced the launch of VISERA ELITE III, its newest surgical visualization platform that addresses the needs of healthcare professionals (HCPs) for endoscopic procedures across multiple medical disciplines.
By Type: Global 4K Medical Imaging Market - Key TakeawaysThe 4K X-ray segment dominates the global 4K medical imaging market owing to the rising utilization of X-rays in diagnostic centers and hospitals. 4K X-ray imaging is used across medical disciplines, including orthopedics, cardiology, oncology, and emergency medicine, to visualize anatomical structures and identify anomalies.
4K computed tomography refers to a digitalized X-ray imaging procedure used to diagnose the internal organs, bones, soft tissue, and blood vessels by creating their detailed image.
4K MRI System uses non-invasive imaging technology to function and investigate the anatomy of the body in both healthy and diseased conditions. It is useful for the early detection, diagnosis, and treatment monitoring of many chronic diseases. Constant technological advancements, such as the integration of artificial intelligence (AI) in MRI, is expected to contribute to the market growth.
A high focus on the development of portable ultrasound devices is expected to expand the applications of this modality in diagnostic imaging centers as well as emergency care. Integration of artificial intelligence into ultrasound systems to automate the process of image quantification and selection, is also expected to influence the market growth.
By End User: Global 4K Medical Imaging Market - Key TakeawaysHospitals dominates the global 4K medical imaging market, owing to increased adoption of advanced medical imaging technologies in hospital settings, such as MRI and CT scanners coupled with availability of highly experienced medical specialists.
The diagnostic imaging centers is anticipated to experience highest growth over the forecast period owing to increased adoption of advanced technology, improved infrastructure, and substantial funding for these centers’ expansion.
The rising focus on healthcare and increasing investments in healthcare infrastructure development are expected to drive market for clinics end user segment.
By Region: Global 4K Medical Imaging Market - Key TakeawaysNorth America dominated the global 4K medical imaging market in 2022, and will continue to maintain its dominance over the forecast period.
Europe captured second highest share of the global 4K medical imaging market in 2022, driven by growing demand for superior visualization quality in the medical sector.
Asia Pacific is likely to witness fastest growth over the forecast period, owing to presence of large patient pool suffering from chronic diseases, rising geriatric population, and improving healthcare infrastructure.
South America and Middle East & Africa are competing closely to grab maximum share of the global 4K medical imaging market.
iGATE RESEARCH report titled “4K Medical Imaging Market, By Type (Magnetic Resonance Imaging, Computed Tomography, X-ray, Ultrasound, Other Types), By End User, Regional Analysis, Key Company Profiles, Financial Insights, Recent Developments - Global Forecast to 2030” provides a comprehensive analysis of the Global 4K Medical Imaging Market.
This 208 Page report with 124 Figures and 6 Tables has been analyzed from 8 View Points: 1) Global - 4K Medical Imaging Market & Forecast (2018 - 2030)
2) Global - 4K Medical Imaging Market Share & Forecast (2018 - 2030)
3) By Type - Global 4K Medical Imaging Market & Forecast (2018 - 2030)
4) By End User - Global 4K Medical Imaging Market & Forecast (2018 - 2030))
5) By Region - Global 4K Medical Imaging Market & Forecast (2018 - 2030)
6) Global 4K Medical Imaging Market - Key Company Profiles
7) Global 4K Medical Imaging Market - Recent Developments
8) Global 4K Medical Imaging Market - Growth Drivers & Challenges
By Type - Global 4K Medical Imaging Market & ForecastMagnetic Resonance Imaging
Computed Tomography
X-Ray
Ultrasound
Other Types
By End User - Global 4K Medical Imaging Market & ForecastHospitals
Diagnostic Imaging Centers
Clinics
Other End User
By Region - Global 4K Medical Imaging Market & Forecast1. North America
United States
Canada
Mexico
2. EuropeGermany
United Kingdom
France
Italy
Spain
Switzerland
Belgium
Netherlands
Turkey
Rest of Europe
3. Asia PacificJapan
China
South Korea
India
Australia
Rest of Asia Pacific
4. South AmericaArgentina
Brazil
Rest of South America
5. Middle East & AfricaUAE
Saudi Arabia
Israel
South Africa
Rest of Middle East & Africa
Global 4K Medical Imaging Market - Key Company Profiles, Recent Developments, Financial Insights 1. Stryker Corporation
2. Smith & Nephew Plc
3. Conmed Corporation
4. Medtronic
5. Zimmer Biomet Holdings, Inc.
6. Sony
7. Fujifilm
8. EIZO Corporation
9. Siemens Healthineers
10. Olympus Corporation
11. B. Braun Melsungen AG
12. Barco N.V.
13. Innolux Corporation
14. Sharp NEC Display Solutions Ltd.
15. Ikegami Tsushink
Data SourceiGATE RESEARCH employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. This report is built by using data and information sourced from Proprietary Information Database, Primary and Secondary Research Methodologies, and In house analysis by iGATE Research dedicated team of qualified professionals with deep industry experience and expertise.
Research Methodologies
Primary Research Methodologies: Questionnaires, Surveys, Interviews with Individuals, Small Groups, Telephonic Interview, etc.
Secondary Research Methodologies:Printable and Non-printable sources, Newspaper, Magazine and Journal Content, Government and NGO Statistics, white Papers, Information on the Web, Information from Agencies Such as Industry Bodies, Companies Annual Report, Government Agencies, Libraries and Local Councils and a large number of Paid Databases.