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Global 4K Medical Imaging Market Expected to Grow at a CAGR of 12.2% by 2030

 The global 4K medical imaging market was valued at $822.1 million in 2019 and is anticipated to reach $2,399.9 million by 2030, growing at a CAGR of 12.2% during the forecast period 2020-2030.




The increasing demand for superior visualization quality for medical field, and availability of technologically advanced products in the field of high-definition medical imaging, and the increasing incidences of chronic health conditions have driven the growth of the global 4K medical imaging market, huge R&D investments, among others, are the major factors fueling the market growth. In addition to these factors, there are significant challenges and restraints, which are restricting market growth. These challenges include the physicians’ reluctance toward the adoption of advanced technologies such as 4K imaging. Hence, it is anticipated that these trends will have a significant impact on the 4K medical imaging market in the next five years, and the market will grow multifold.

The emergence of 4K technologies is becoming more commonplace in the healthcare sector. With the introduction and technological advancements in the current offerings, 4K medical imaging is now entering the operating room (OR). As per the industry definition, the term 4K technologies is generally referred to as imaging and visualization technologies with a horizontal resolution on the order of XX pixels, resulting in four times the resolution of high definition (HD).

In the OR, a shift can be seen toward minimally invasive surgery (MIS) in many routine procedures. There are some evident benefits for patients from these types of surgery, such as less blood loss, small incision size, shorter hospital stay, and enhanced procedure accuracy, among others. However, to an extent, surgeons are subjected to limited vision, majorly because of their reliance on laparoscopic cameras. In the modern era of surgical imaging applications, there are many benefits of the extra resolution. Fine structures that are captured with 4K cameras can be identified with greater precision, offering surgeons a clearer picture during open surgery or minimally invasive procedures. Moreover, 4K technologies are advantageous as it primarily offers extensive detailing in images that give clinicians or surgeons a greater viewing option during a surgical procedure. Images captured at 4K resolution with a surgical endoscope can be cropped or zoomed for a close-up view while maintaining their full HD resolution. In addition, a single 4K monitor can ‘tile’ multiple images from surgical cameras, vital signs, and other sources, providing an informative overview for surgeons and OR staff


The Market Drivers for the 4K Medical Imaging Market are

•    Increasing Demand for Superior Visualization Quality for Medical Field

•    Advantages of 4K Ultra High Definition Over Full High Definition

•    Availability of Technological Advanced Products in the Field of High-Definition Medical Imaging

Market Opportunities

•    Development of 8K Imaging Modalities

•    Slim and Flexible Design for Space Saving

Market Challenges

•    High Capital Cost

•    Requirement of Greater Bandwidth Connectivity

•    Increasing Adoption of Refurbished Medical Displays

Most of the manufacturers in the market are incorporating collaborations and partnerships with not only other companies but also the university and research institutions as the key strategies to develop novel 4K medical imaging systems and attain a strong financial position in the market.

Moreover, the leading imaging modality providers in the global 4K medical imaging market include 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, and Zimmer Biomet, among others.

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