APAC to see highest growth in global medical displays market

Thanks to increased investments and an ageing population.

The Asia Pacific region is forecasted to witness the highest growth rate in the medical displays sector, with the global market expected to grow 5.5% annually to $3.45b by 2030, according to Research and Markets.

The region is driven by increased investments in healthcare, the rapid adoption of advanced imaging technologies, and the expansion of healthcare infrastructure.

Improving government initiatives and favourable policies, along with the presence of emerging economies such as China and India, are contributing to the region's accelerated market expansion,” the report said.

Moreover, a rising awareness of early disease diagnosis amidst the growing geriatric population and increasing prevalence of chronic diseases is further fueling demand in the sector.