India Medical Imaging Displays Market Research Report By Display Technology (LED, TFT-LCD, CRT, PM-LCD, PMOLED, AMOLED) - Forecast to 2035
ID: MRFR/HC/49118-HCR | 200 Pages | Author: Rahul Gotadki| May 2025
As per MRFR analysis, the India Medical Imaging Displays Market Size was estimated at 199.43 (USD Million) in 2023. The India Medical Imaging Displays Market Industry is expected to grow from 250(USD Million) in 2024 to 450 (USD Million) by 2035. The India Medical Imaging Displays Market CAGR (growth rate) is expected to be around 5.489% during the forecast period (2025 - 2035).
The India Medical Imaging Displays Market is witnessing significant growth driven by several key factors. The increasing incidence of chronic diseases, coupled with the rising demand for accurate diagnostics, is propelling the need for advanced medical imaging technologies. Government initiatives aimed at enhancing healthcare infrastructure, especially in rural areas, have also played a crucial role in elevating the demand for medical imaging displays. As more hospitals and clinics adopt digital technologies, this sector is set for further development. There are ample opportunities to be explored, particularly in the development of innovative imaging solutions tailored to local needs.The growing trend of telemedicine in India has created a demand for portable and compact imaging devices which healthcare providers can use in remote settings.
Collaborations between technology firms and healthcare institutions to develop customized imaging solutions can accelerate growth in this segment. In recent times, there has been a noticeable shift towards the use of advanced display technologies such as OLED and LED, which offer enhanced image quality and lower energy consumption. The integration of artificial intelligence in medical imaging displays is becoming increasingly important, aiding radiologists by improving diagnosis accuracy and efficiency.Additionally, the trend towards value-based care is driving healthcare facilities to invest in better imaging technologies, thereby influencing the market trajectory significantly. As urban healthcare systems develop and rural healthcare improves, the dynamics of the medical imaging displays market in India are evolving, offering a future filled with potential advancements and innovations.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Growing Prevalence of Chronic Diseases
The India Medical Imaging Displays Market Industry is significantly influenced by the rising incidence of chronic illnesses in the country. About half of all fatalities in India are caused by non-communicable illnesses, including cancer, diabetes, and cardiovascular disease, according to the Ministry of Health and Family Welfare. With a population of over 1.4 billion, an estimated 77 million people have diabetes alone, a 20% increase over the previous ten years. The need for sophisticated imaging technologies to support precise diagnosis and patient care is increased by this expanding patient base. Since practitioners require effective displays to comprehend the findings of complicated imaging modalities, companies such as Philips Healthcare and GE Healthcare are investing in cutting-edge imaging technology specifically designed for Indian healthcare, which has a direct impact on the industry's development potential.
Advancements in Imaging Technology
Technological advancements in imaging displays are propelling the India Medical Imaging Displays Market Industry forward. Recent developments in display resolution, including the introduction of high-definition and 4K imaging technologies, enable healthcare professionals to view intricate details during diagnostics, leading to more accurate assessments. A report by the Union Ministry of Electronics and Information Technology highlights that there has been a 25% rise in the adoption of advanced medical imaging technologies over the past five years, driven by the demand for better diagnostic accuracy.Leading companies such as Siemens Healthineers are actively launching state-of-the-art imaging products specifically designed for Indian healthcare facilities, further enhancing market growth by catering to these pressing technological needs.
Government Initiatives and Healthcare Reforms
The Government of India has been implementing several initiatives aimed at improving the healthcare infrastructure, which significantly stimulates the India Medical Imaging Displays Market Industry. Programs such as the Ayushman Bharat initiative aim to provide accessible health services to vulnerable populations, projected to reach over 500 million beneficiaries. This government push is likely to increase hospital setups and the requirement for modern medical imaging technologies.Furthermore, the National Health Policy promotes the establishment of advanced healthcare facilities across the country, making a favorable environment for the adoption of new technologies in medical imaging. Companies like Samsung Medical Solutions are aligning their product offerings to comply with these initiatives, thereby accelerating market penetration.
Increase in Medical Imaging Procedures
As the demand for diagnostic imaging continues to surge, the India Medical Imaging Displays Market Industry is witnessing robust growth. The Indian healthcare system has recorded a 15% annual increase in medical imaging procedures over the past five years, as reported by the Healthcare Sector Skill Council. This surge is largely driven by the growing awareness of early disease detection and preventative healthcare measures among the population. Major healthcare providers like Apollo Hospitals are incorporating advanced imaging systems into their practice, which creates further demand for high-quality imaging displays.Consequently, as diagnostic procedures expand, the need for advanced imaging displays will continue to rise intensely in India, pushing the market forward.
The Display Technology segment of the India Medical Imaging Displays Market is characterized by a diverse array of technologies that play a crucial role in diagnostic imaging and visualization. Traditional technologies, such as Cathode Ray Tube displays (CRT), have largely been phased out in favor of more advanced options like LED and TFT-LCD displays, which are favored for their improved image quality, brightness, and energy efficiency. In India, the adoption of LED displays is on the rise due to their enhanced color accuracy and longevity, making them ideal for medical settings where precise imaging is critical for diagnosis. On the other hand, TFT-LCD displays hold a significant share of the market, providing high resolution and fast refresh rates, which are essential for dynamic medical imaging applications.As the industry evolves, newer technologies such as PMOLED and AMOLED displays are gaining traction, especially in portable devices and smaller medical imaging equipment, providing exceptional contrast ratios and flexibility in design.
These advancements not only offer a better user experience but also align with the increasing demand for more compact and versatile imaging solutions in healthcare settings across India. The push towards digitization and modernization of healthcare facilities further fuels the growth of the Display Technology segment, as hospitals seek to upgrade their equipment to improve patient outcomes and streamline operations.However, challenges such as high initial costs and the need for specialized training in handling newer display technologies can temper market growth. Yet, the growing awareness of the importance of high-quality imaging in patient care presents significant opportunities for stakeholders in this segment.
As technologies continue to advance, the Display Technology segment within the India Medical Imaging Displays Market is poised to undergo rapid evolution, providing essential components that enhance diagnostic accuracy and efficiency in healthcare practices. Overall, the combination of emerging technologies and the increasing focus on healthcare infrastructure in India creates a dynamic environment for growth and development in the Display Technology segment.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
The India Medical Imaging Displays Market is characterized by rapid advancements and increasing investments in healthcare infrastructure. The market encompasses a wide range of imaging technologies, including MRI, CT, X-ray, and ultrasound systems, which rely heavily on high-quality displays for accurate diagnosis and treatment. As healthcare providers strive to enhance patient outcomes and optimize workflow, the demand for advanced imaging displays continues to grow. The competitive landscape is dynamic, with numerous players competing to establish their footprint in this essential segment. Innovations in display technology, such as improved resolution, brightness, and the integration of artificial intelligence, are some of the critical factors driving the competitive landscape. Collaboration between manufacturers and healthcare providers is also contributing to the growth of this market, as companies seek to tailor their offerings to meet the specific needs of clinicians and patients.
Canon has a notable presence in the India Medical Imaging Displays Market, leveraging its longstanding expertise in imaging technology to offer high-quality medical displays. Canon's strengths in this market are rooted in its commitment to innovation and quality. The company's products are designed to meet the rigorous demands of medical imaging, providing excellent color reproduction and clarity critical for accurate diagnostics. Canon has invested significantly in research and development to enhance its display technologies, positioning itself as a trusted brand among healthcare providers. Its strong brand reputation, coupled with a dedicated customer support framework, has helped Canon maintain a competitive edge in the Indian market. Additionally, strategic partnerships with hospitals and clinics further amplify its market presence, allowing Canon to cater to various customer needs effectively.
Agfa HealthCare is another key player in the India Medical Imaging Displays Market, focusing on delivering comprehensive imaging solutions tailored for the healthcare sector. The company's primary offerings include high-performance diagnostic displays and innovative IT solutions designed to streamline workflows in medical environments. Agfa HealthCare's strength lies in its deep understanding of the clinical needs and preferences within the region, allowing it to develop products that enhance diagnostic accuracy and efficiency. The company has made strategic investments in expanding its market reach in India, emphasizing local manufacturing and distribution channels to ensure product availability and support.
Agfa HealthCare actively seeks mergers and acquisitions to bolster its presence and expand its portfolio, aligning with the growing demand for integrated healthcare solutions. Through continuous innovation and a customer-centric approach, Agfa HealthCare is capable of addressing the evolving requirements of the Indian healthcare system, solidifying its position in the competitive landscape of the medical imaging displays market.
Key Companies in the India Medical Imaging Displays Market Include
The India Medical Imaging Displays Market has seen significant developments recently, with notable growth attributed to advancements in technology and increasing healthcare investments. Companies like Canon and Fujifilm are emphasizing Research and Development to enhance imaging quality and efficiency. The market has also facilitated collaborations; for instance, in July 2023, GE Healthcare announced a partnership with a local software firm to improve imaging diagnostics in India. Additionally, there is heightened interest from international companies to invest in India's healthcare sector, driven by rising demand for medical displays, particularly in urban centers.
In terms of mergers and acquisitions, Panasonic announced its acquisition of a minority stake in a technology firm focused on medical imaging in India in August 2023, signaling a strategic maneuver to enhance its product offerings. Recent statistics from the Government of India show that the healthcare market is projected to reach $372 billion by 2022, providing a substantial growth opportunity for companies involved in medical imaging displays. Overall, major market players, including Siemens, Philips, and LG Electronics, are focused on expanding their footprint in this rapidly evolving market and responding to increasing consumer needs for advanced diagnostic tools.
Report Attribute/Metric Source: | Details |
MARKET SIZE 2018 | 199.43(USD Million) |
MARKET SIZE 2024 | 250.0(USD Million) |
MARKET SIZE 2035 | 450.0(USD Million) |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 5.489% (2025 - 2035) |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
BASE YEAR | 2024 |
MARKET FORECAST PERIOD | 2025 - 2035 |
HISTORICAL DATA | 2019 - 2024 |
MARKET FORECAST UNITS | USD Million |
KEY COMPANIES PROFILED | Canon, Agfa HealthCare, Fujifilm, Sharp, ViewSonic, GE Healthcare, Samsung, LG Electronics, Acer, Barco, EIZO, Dell, Philips, Siemens, Panasonic |
SEGMENTS COVERED | Display Technology |
KEY MARKET OPPORTUNITIES | Technological advancements in imaging, Growing demand for telemedicine solutions, Increase in chronic disease prevalence, Rising healthcare infrastructure investments, Expansion of diagnostic imaging centers |
KEY MARKET DYNAMICS | growing healthcare expenditure, increasing adoption of digital imaging, rise in chronic diseases, technological advancements in display systems, regulatory standards and compliance |
COUNTRIES COVERED | India |
Frequently Asked Questions (FAQ) :
The India Medical Imaging Displays Market is expected to be valued at 250.0 million USD in 2024.
The market is expected to grow at a CAGR of 5.489 percent from 2025 to 2035.
By 2035, the India Medical Imaging Displays Market is projected to reach a value of 450.0 million USD.
The LED display technology segment is anticipated to dominate with a valuation of 85.0 million USD in 2024.
The TFT-LCD technology segment is expected to be valued at 165.0 million USD by 2035.
Major players in the market include Canon, Agfa HealthCare, Fujifilm, and GE Healthcare, among others.
The PM-LCD technology segment is expected to be valued at 30.0 million USD in 2024.
Challenges may include rapid technological advancements and competition among major players.
The CRT segment is projected to grow to a market value of 40.0 million USD by 2035.
Opportunities for growth include increasing demand for advanced medical diagnostics and imaging technologies.
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