Phosphor Screen Market Share

APAC Market Statistics

Asia Pacific industry is likely to account for largest revenue share by 2037. The growth of the market can be attributed majorly to the growing medical diagnostics as well as electronic manufacturing software companies in developing countries in the region. For instance, China in Southeast Asia registered to be the leading exporter of computer devices with a value of over USD 30 Billion in the year 2019. The rising number of healthcare, telecommunication, research and development institutions, and consumer electronics is estimated to drive market growth. The increasing privatization and presence of prominent key players in the region are estimated to drive market growth in the forecast period. The growing communication sector in the region is also anticipated to drive market growth in the coming years.

North American Market Forecast

Further, the North American region is anticipated to drive market growth owing to the increasing research and expansion in the manufacturing of scientific instrument sector. Increasing use in the medical field and rising awareness among people regarding phosphor screen scanner applications in the healthcare sector are estimated to have a positive impact on market growth in this region.