Global Monochrome Medical Monitor Market To Receive Overwhelming Hike In Revenues By 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. Click To Read More On Global Monochrome Medical Monitor Market

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.

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.

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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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.

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About Author

William Clarke is the lead editor for Oak Tribune. William has written for many publications including the New York Post Vanity Fair and Business Insider. William is based in New York city and covers issues affecting his city and his country. In addition to following the day-to-day life of the Big Apple, William also has a passion rowing and can often be found paddling the shores of NYC.