Medical Display Monitor Market by Technology, Resolution, Display Color, Panel Size, Application & Geography - Global Forecast to 2023 - ResearchAndMarkets.com
Aug. 29, 2018
DUBLIN--(BUSINESS WIRE)--Aug 29, 2018--The "Medical Display Monitor Market by Technology, by Resolution, by Display Color, by Panel Size, by Application, by Geography - Global Market Size, Share, Development, Growth, and Demand Forecast, 2013 - 2023" report has been added to ResearchAndMarkets.com's offering.
Global medical display monitor market is expected to attain revenue of $2.8 billion by 2023
The market is mainly driven by increasing prevalence of chronic diseases, increasing demand for minimally invasive treatments, rising adoption of hybrid operating room (OR) technologies, and short replacement cycle of medical display technologies.
Insights on market segments
Among all technologies, the demand for organic light-emitting diode (OLED) technology is expected to exhibit the fastest growth in the medical display monitor market, with a CAGR of 5.4%, during the forecast period. The technology is also predicted to generate revenue of more than $70.0 million by 2023.
Displays with 5MP-8MP resolution held the largest share in the medical display monitor market in 2017, accounting for 30.5% share. This can be attributed to the fact that these monitors offer better-quality images in various surgical and diagnostic applications, as compared to other monitors. During the forecast period, the market for colored medical display monitors is expected to witness faster growth, at a CAGR of 5.2%. This is because of the high preference for these monitors for surgical and diagnostic purposes.
Monitors of 23.0-26.9-inch panel sizes held the largest share in the medical display monitor market in 2017, accounting for 38.7% share. Diagnostics forms the largest application area of medical display monitors and is also anticipated to project the fastest growth, at a CAGR of 5.3%, in the market, during the forecast period. This can be attributed to the increasing adoption of these monitors in various imaging techniques, such as X-ray, magnetic resonance imaging, and computed tomography.
Key Topics Covered:
Chapter 1. Research Background
Chapter 2. Research Methodology
Chapter 3. Executive Summary
Chapter 4. Introduction
Chapter 5. Global Market Size And Forecast
Chapter 6. North America Market Size And Forecast
Chapter 7. Europe Market Size And Forecast
Chapter 8. APAC Market Size And Forecast
Chapter 9. LATAM Market Size And Forecast
Chapter 10. MEA Market Size And Forecast
Chapter 11. Competitive Landscape
Chapter 12. Company ProfilesSteris Plc Siemens Ag Sony Corporation Novanta Inc. Barco Nv Eizo Corporation Lg Display Co. Ltd. Advantech Co. Ltd. Jusha Medical Jvckenwood Corporation
For more information about this report visit https://www.researchandmarkets.com/research/m7f9mf/medical_display?w=4
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INDUSTRY KEYWORD: HEALTH MEDICAL DEVICES
SOURCE: Research and Markets
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PUB: 08/29/2018 05:49 AM/DISC: 08/29/2018 05:49 AM