The Medical Display Monitors Market is being driven by Growing number of medical establishments
The Medical Display Monitors Market is expected to grow at a CAGR of 8.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 417.6 million. The US medical display monitors market is experiencing significant growth due to the increasing demand for multimodality displays in various medical applications, particularly in radiology. Multimodal displays offer the ability to view both color and greyscale images in static and dynamic formats, with added color enhancement functionality. Radiologists can gain a more detailed understanding of PET and ultrasound outputs through these features. Furthermore, multimodality displays enable users to calibrate image settings such as brightness, contrast, resolution, and grayscale for CT and MRI scans. By providing real-time patient health information, these displays enable medical professionals to make informed decisions regarding treatment plans.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
209 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.4% |
Market growth 2025-2029 |
USD 417.6 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
7.9 |
Key countries |
US |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Medical Display Monitors Market encompasses innovative technologies and features, including high image clarity and fidelity, fine pixel pitches, extensive dynamic range, and superior gray scale and color depth. These displays prioritize user experience with adjustable viewing distances, ambient light management, and glare reduction through anti-glare coatings. Ergonomic design and user-friendly interfaces are essential, along with medical imaging software for image analysis, annotation, and clinical data management. Data security is paramount, ensuring patient data privacy through encryption and compliance certifications. Advanced technologies like remote diagnostics, consultation, virtual reality, and augmented reality, as well as artificial intelligence, machine learning, and deep learning, enhance diagnostic capabilities. Wearable technology, mobile health, cloud computing, edge computing, 5G technology, and medical device integration are also integral components of this market, with interoperability standards ensuring seamless communication between devices.
In the realm of healthcare equipment, Technavio identifies the Medical Display Monitors Market as a significant segment within the broader Global Healthcare Equipment Market. This market encompasses providers of radiology displays and surgical displays used in medical imaging and diagnostic applications. The Global Healthcare Equipment Market, in turn, is a substantial industry, encompassing manufacturers of capital equipment, instruments, implants, accessories, and consumables, all of which contribute to the diagnosis, monitoring, and treatment of various diseases. Technavio's market analysis is based on the combined revenue generated by these diagnostic equipment and device manufacturers across various therapy areas. The healthcare equipment sector is segmented into Devices, which includes advanced, differentiated, and clinically tested data-driven devices, such as medical display monitors, used for medical imaging and diagnostic purposes.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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