Multi-functional Printer Market to USD 6.75 billion between 2022 - 2027| Driven by Increasing demand for MFPs from healthcare sector- Technavio
The growth of the multi-functional printer (MFP) market is being driven by the increasing demand from the healthcare sector.
- The growth of the multi-functional printer (MFP) market is being driven by the increasing demand from the healthcare sector.
- Healthcare institutions are adopting digital practices to enhance patient care, including efficient patient information exchange and interdepartmental communication.
- Moreover, the emphasis on electronic health records mandated by governments globally is driving the adoption of customized MFPs within the healthcare sector, positively impacting market growth.
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Intense competition among major players like Canon, HP, KYOCERA, Ricoh, and Xerox in the multi-functional printer market is a significant challenge.