North America to Lead Medical Imaging Monitor Market until 2025
Growing number of medical establishments
across the globe to drive the growth of global medical imaging monitor market
According
to TechSci Research report, “Global
Medical
Imaging Monitor Market By Device (Mobile, Desktop, All-in-one), By Panel
Size (Under-22.9-inch Panels, 23.0–26.9-inch Panels, 27.0–41.9-inch Panels,
Above-42-inch Panels), By Type (Diagnostic Monitors, Surgical Monitors,
Clinical Monitors, Others), By Display Color (Monochrome v/s Colored), By
Purpose (Doppler, Encoding, Enhanced 3D Reconstruction Contrast Enhancement,
Others), By Technology (LED-Backlit LCD, OLED, CCFL-Backlit LCD), By Application
(Digital Pathology, Multi-modality, Surgical, Radiology, Mammography, Others), By
Region, Forecast & Opportunities, 2025”, the global medical imaging monitor market is expected to grow
at a formidable rate during the forecast period on account of the increasing
geriatric population suffering from various chronic diseases such as cancer,
diabetes, cardiovascular disorders, renal disorders, among others. This has
drastically increased the patient pool and the need to effectively diagnose and
treat these diseases. This in turn is expected to positively impact the market
growth during forecast period. Additionally, increasing adoption of hybrid
operating room technologies is further expected to create lucrative
opportunities for the market growth over the next few years. Furthermore,
growing adoption of minimal invasive treatment procedures is anticipated to
fuel the market through 2025. Moreover, advantages such as high quality of
screen, clear and consistent images, accurate analysis, reliability, short replacement
cycle, among others associated with medical imaging monitors are further
expected to spur the market. Besides, increasing investment in the medical
imaging devices by the key players operating in the market is further expected
to bolster the growth through 2025. However, high cost and maintenance of
medical imaging monitors might hamper the growth during forecast period.
Additionally, growing adoption of refurbished medical imaging monitors might
further negatively impact the market growth.
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The global medical imaging monitor market is segmented based on device,
panel size, type, display color, purpose, technology, application, company and
region. Based on device, the market can be categorized into mobile, desktop and
all-in-one. The desktop segment is expected to dominate the market on account
of their increasing adoption in several imaging applications such as X-ray,
CT-Scan, ultrasound, MRI, among others. Based on panel size, the market can be
fragmented into under-22.9-inch panels, 23.0–26.9-inch panels, 27.0–41.9-inch
panels and above-42-inch panels. The 27.0-41.9-inch panels segment is expected
to dominate the market owing to their suitability for a wider range of surgical
and diagnostic applications. On the other hand, the 23.0-26.9-inch panels are
the most effective ones owing to their medium size resulting in increased
clarity and more effective visualization of medical image. Based on type, the
market can be grouped into diagnostic monitors, surgical monitors, clinical
monitors and others. The diagnostic display monitor segment is expected to hold
the largest market share through 2025 on account of their growing adoption in
various imaging applications such as X-ray, MRI, CT-Scan, among others. Based
on display color, the market can be bifurcated into monochrome and colored. The
colored display segment is expected to dominate the market over next few years.
This can be attributed to their widespread use for carrying out diagnostic and
surgical procedures since they offer better visualization effects. Based on
technology, the market can be segmented into LED-Backlit LCD, OLED and
CCFL-Backlit LCD. The LED-Backlit LCD is expected to dominate the market during
the forecast period since these monitors are compact in size, offer more
brightness, have better contrast ratio as compared to the counterparts.
Additionally, these are easily available, affordable and are the first choice
of the consumers.
Siemens AG, Steris Plc, Sony
Corporation, Novanta Inc., Barco NV, Eizo Corporation, LG Display Co. Ltd., Advantech
Co. Ltd., Jusha Medical, Jvckenwood Corporation, FSN Medical, Quest
International, Double Black Imaging Corporation, Shenzhen Beacon Display Co.,
Ltd., COJE Co, Ltd., Dell Technologies Inc., BenQ Medical Technology, Hewlett-Packard
Company, ASUSTeK Computer Inc., Advantech Co., Ltd. (Advantech) and
others are some of the leading players operating in global medical imaging
monitor market. The companies operating in the market are using organic
strategies such as product launches, mergers and collaborations to boost their
share.
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“North America is expected to dominate the
medical imaging monitor market during the forecast period owing to the growing
prevalence of various chronic diseases such as diabetes, cardiovascular
diseases, cancer, among others in the region. Additionally, presence of large
number of hospitals with advanced healthcare infrastructure is expected to
propel the market. Furthermore, rising preference for minimal invasive
surgeries among the population is further expected to positively impact the growth
of market through 2025. Besides, presence of key market players in the region
is expected to create lucrative opportunities for the market growth over next
few years.” said Mr. Karan Chechi, Research Director with
TechSci Research, a research based global management consulting firm.
“Global Medical Imaging Monitor Market By Device
(Mobile, Desktop, All-in-one), By Panel Size (Under-22.9-inch Panels,
23.0–26.9-inch Panels, 27.0–41.9-inch Panels, Above-42-inch Panels), By Type
(Diagnostic Monitors, Surgical Monitors, Clinical Monitors, Others), By Display
Color (Monochrome v/s Colored), By Purpose (Doppler, Encoding, Enhanced 3D
Reconstruction Contrast Enhancement, Others), By Technology (LED-Backlit LCD,
OLED, CCFL-Backlit LCD), By Application (Digital Pathology, Multi-modality,
Surgical, Radiology, Mammography, Others), By Region, Forecast &
Opportunities, 2025”, has
evaluated the future growth potential of global medical imaging monitor market
and provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in global medical imaging monitor market.
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