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Medical Display Monitor Market Analysis, Growth Opportunities and Recent Trends by Leading Manufacturers & Regions
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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.
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During the forecast period, the medical display monitor market is expected to witness the fastest growth in LATAM. Advanced diagnostic imaging technologies are leading to a high demand for medical imaging devices, which, in turn, is boosting the market growth in LATAM.
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In order to increase their market share, key players of the medical display monitor industry are developing products for effective imaging in the areas of magnetic resonance imaging, digital subtraction angiography, and computed tomography. For instance, in October 2017, EIZO GmbH launched a 55-inch 4K ultra-high-definition (UHD) monitor, CuratOR LX550W, for use in interventional radiology and endoscopy. The widescreen monitor is ideal for displaying medical images for angiography, cardiology, and endoscopy in medical environments.
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