Global Monochrome Medical Monitor Market

Global Monochrome Medical Monitor Market - Global
Industry Insights, Trends, Outlook, and Opportunity
Analysis, 2018-2026
Monochrome Medical Monitors Offer High Resolution and are More Efficient than Color
Monitors
Monochrome medical monitors display image of a single color, however, in varied shades. It
may include white, green or amber screens. It shows a greyscale medical display. Cathode Ray
Tube (CRT) technology is the first ever technology used for monochrome displays. LCD and LED
are the more preferred technologies used in most monitors available in the market. The
emerging trend is to shift from CRT displays to LCD displays for medical imaging. These
medical monitors provide higher resolution as compared to color monitors. They are more
efficient in displaying the image in comparison to color monitors. Monochrome medical
monitors are widely preferred by healthcare professionals for application in diagnostic radiology
due to its higher luminance. The monitors are connected to a picture archiving and
communication system (PACS) workstation for image display. Monochrome medical monitors are
considered to be highly efficient in delivering imaging solutions in the field of diagnostics,
radiology, and surgery, among others.
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Increasing number of surgeries and diagnostic tests driving market growth
Increasing prevalence of chronic diseases such as diabetes, stroke, asthma, and obesity leads to
increasing number of surgical procedures, in turn fueling growth in demand for monochrome
medical monitors for application in surgical displays. According to the American Society of
Plastic Surgeons, 1.7 million cosmetic surgeries were performed worldwide in 2015, which is an
increase of 2% as compared to 2014. Moreover, with growing diagnostic tests and awareness
among people regarding early diagnosis and treatment of diseases is also projected to fuel sales
of monochrome medical monitors. However, high cost of monochrome medical monitors due to
their high resolution is expected to inhibit market growth.
Monochrome Medical Monitor Market Taxonomy
Global monochrome medical monitor market is segmented on the basis of product type,
application, end use, and region. On the basis of product type, monochrome medical monitor
market is classified as Cathode Ray Tube (CRT) monitors, LCD monitors, and LED monitors.
LCD monitors are the commonly available monochrome medical monitors, owing to high
resolution image quality. On the basis of application, the market is segmented into diagnostic
display, surgical display, radiology display, clinical review displays, and others. On the basis of
end use, monochrome medical monitor market is segmented into hospitals, clinics, diagnostic
centers, pathology labs, and others. Geographically, the monochrome medical monitor market is
segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa.
Report includes chapters which deeply display the following deliverable about industry :
• Global Monochrome Medical Monitor Market Research Objective and Assumption
• Global Monochrome Medical Monitor Market Purview - Report Description, Executive
Summary, and Coherent Opportunity Map (COM)
• Global Monochrome Medical Monitor Market Dynamics, Regulations, and Trends Analysis Market Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system
Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Global Monochrome Medical Monitor Market , By Regions
• Global Monochrome Medical Monitor Market Competition by Manufacturers including
Production, Share, Revenue, Average Price, Manufacturing Base Distribution, Sales Area and
Product Type.
• Global Monochrome Medical Monitor Market Manufacturers Profiles/Analysis including
Company Basic Information, Manufacturing Base and Its Competitors.
• Global Monochrome Medical Monitor Market Manufacturing Cost Analysis including Key Raw
Materials and Key Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Global Monochrome Medical Monitor Market Forecast including Production, Consumption,
Import and Export Forecast by Type, Applications and Region.
• Research Findings and Conclusion
North America is the Largest Market for Monochrome Medical Monitors
North America is the largest market for monochrome medical monitors. This is due to high
adoption of advanced technology in the region. Countries such as the U.S. are increasing their
healthcare expenditure, which is expected to further improve the infrastructure in hospitals and
other medical facilities. Moreover, favorable reimbursement policies such as Medicare and
Medicaid Services has led to greater penetration of monochrome medical monitors in North
American region. Asia Pacific region is expected to gain lucrative growth over the forecasted
period, due to rising awareness among the populace and increasing healthcare spending. Various
healthcare initiatives by governments, especially in emerging economies, to educate and train
the healthcare professionals to provide improved healthcare services is in turn fueling adoption
of these monitors. Hence, immense opportunity lies in this region for the key players to cater
to unmet needs of the target population. Europe is also witnessing major development activities
related to medical monitors in order to cater to vast target population demanding for such
devices.
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Barco and Eizo Corporation are some of the Key Players in the Monochrome Medical Monitor
Market
Some of the key players are Ampronix Inc., Barco N.V., Eizo Corporation, KOSTEC CO., LTD.,
JVCKENWOOD Corporation, Richardson Electronics, Ltd., and NEC Display Solutions among
others. Development of innovative products is fueling monochrome medical monitor market
growth. For instance, in September 2010, Eizo Corporation launched 29.8-inch RadiForce RX430
at RSNA 2010, which is capable of displaying monochrome as well as color images
simultaneously.
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Monochrome medical monitors display image of a single color, however, in varied shades.