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Global Monochrome Medical Monitor Market - Global Industry Insights, Trends and Opportunity Analysis, 2016-2024

Global Monochrome Medical Monitor Market - Global Industry

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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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.

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.

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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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