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UNITED STATES MEDICAL DISPLAY MONITORS MARKET FORECAST 2024-2032

SCOPE OF THE REPORT

United States Medical Display Monitors Market by Type (Greyscale, Color) Market by Aspect Ratio (16:09, 21:09, 04:03) Market by Technology (Led, Oled, Ccfl) Market by Application (General Radiology, Mammography, Surgery, Dentistry, Digital Pathology, Other Applications)


MARKET OVERVIEW

In terms of revenue, the United States medical display monitors market is expected to reach $xx million by 2032, growing at a CAGR of 5.78% during the forecast period 2024-2032. 

The United States medical display monitors market is poised for significant growth, showcasing impressive advancements and expanded capabilities within the healthcare technology landscape. At the forefront of this expansion are state-of-the-art high-resolution display monitors, which play a critical role in various medical applications, ranging from diagnostic processes to complex surgical procedures. These monitors are integral to ensuring the quality of patient care and are expected to witness notable development in the foreseeable future.

Furthermore, the United States medical display monitors market is undergoing significant growth driven by several key factors. These include the surging adoption of minimally invasive surgical techniques, escalating rates of cancer diagnoses, as well as an increase in the geriatric population. The surging prevalence of chronic diseases serves as a primary catalyst driving the demand for medical display monitors in the United States. With the escalating incidence of these conditions, there is an increasing dependence on advanced diagnostic tools, propelling the market forward.

United States Medical Display Monitors Market

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The Centers for Disease Control and Prevention (CDC) estimates that six in ten adults in the United States currently grapple with chronic diseases, such as cancer, heart disease, or diabetes, which significantly contribute to healthcare costs. Chronic conditions stand among the leading causes of death in the United States, with heart disease and cancer alone responsible for approximately 38% of all deaths. 

The utilization of high-resolution displays empowers healthcare professionals to make more precise diagnoses, ultimately improving patient outcomes and aiding in the management of chronic illnesses. Moreover, the swift adoption of telemedicine and digital healthcare initiatives has further accelerated the expansion of the market. Technological innovations have also played a crucial role in facilitating remote patient monitoring and consultations, enhancing the dynamic between patients and physicians, and streamlining the delivery of healthcare services.

Market Segmentation Analysis – Type, Aspect Ratio, Technology, and Application – 

Market by Type:

  • Greyscale
    • Greyscale monitors are crucial for precise medical imaging, particularly in radiology. Tailored for nuanced contrast, these monitors showcase medical images with varying shades of grey, utilizing high resolutions, DICOM calibration, and anti-glare coatings. 
    • Their compliance with FDA standards highlights their suitability for medical use. Integrated with Picture Archiving and Communication Systems (PACS), Greyscale monitors efficiently retrieve images, contributing significantly to accurate diagnostics in healthcare settings. Their advanced features and regulatory adherence make them indispensable tools, enhancing the overall quality of patient care.
  • Color

Market by Aspect Ratio: 

  • 16:09
  • 21:09
  • 04:03

Market by Technology: 

  • LED
    • LED technology has emerged as a leading choice in the medical display monitor market due to its numerous advantages. LED monitors offer exceptional brightness, high contrast ratios, and a wide color gamut, making them ideal for medical imaging applications. 
    • Furthermore, the energy efficiency of LEDs contributes to reduced power consumption and prolonged device lifespan. These monitors provide uniform illumination across the screen, ensuring accurate and consistent visualization of medical images. 
    • Additionally, LED technology supports slim and lightweight designs, enhancing the overall versatility and space efficiency of medical workstations. The capability of LEDs to produce precise colors and enhance image clarity makes them well-suited for diagnostic tasks in medical imaging, such as radiology and pathology.
  • OLED
  • CCFL

Market by Application: 

  • General Radiology
  • Mammography
  • Surgery
  • Dentistry
  • Digital Pathology
  • Other Applications

Some of the key firms operating in the United States medical display monitors market include Barco, EIZO Corporation, Double Black Imaging and Stryker Corporation. These players are continually undertaking strategies like collaboration and acquisitions to strengthen their footprint. 

Stryker Corp (Stryker) is a medical technology company engaged in the manufacturing of orthopedic, medical and surgical, and neurotechnology & spine products. Their product range includes orthopedic implants, surgical equipment, navigation systems, patient handling, emergency medical equipment, and neurosurgical devices. Stryker serves healthcare facilities globally, distributing products through subsidiaries, branches, and third-party dealers across the Americas, Europe, Asia-Pacific, and the Middle East & Africa.

REPORT SYNOPSIS

REPORT SCOPEDETAILS
Market Forecast Years2024-2032
Base Year2023
Market Historical Years2018-2022
Forecast UnitsRevenue ($ Million) 
Segments Analyzed
Type, Aspect Ratio, Technology, and Application
Countries AnalyzedUnited States
Companies AnalyzedAdvantech Co Ltd, Barco, Canvys, Double Black Imaging, EIZO Corporation, HP Development Company LP, NDS Surgical Imaging, Quest International, Steris, Stryker, UTI Technology Inc

TABLE OF CONTENTS 

  1. RESEARCH SCOPE & METHODOLOGY
    1. STUDY OBJECTIVES
    2. METHODOLOGY
    3. ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    1. MARKET SIZE & ESTIMATES
    2. COUNTRY SNAPSHOT
    3. COUNTRY ANALYSIS 
    4. SCOPE OF STUDY
    5. CRISIS SCENARIO ANALYSIS
    6. MAJOR MARKET FINDINGS
  3. MARKET DYNAMICS
    1. KEY DRIVERS
      1. SURGING ADOPTION OF MINIMALLY INVASIVE SURGICAL TECHNIQUES
      2. ESCALATING RATES OF CANCER DIAGNOSES
      3. INCREASING GERIATRIC POPULATION
    2. KEY RESTRAINTS
      1. SHORTAGE OF SKILLED PERSONNEL
  4. KEY ANALYTICS
    1. KEY MARKET TRENDS
    2. PESTLE ANALYSIS
      1. POLITICAL
      2. ECONOMICAL
      3. SOCIAL
      4. TECHNOLOGICAL
      5. LEGAL
      6. ENVIRONMENT
    3. PORTER’S FIVE FORCES ANALYSIS
      1. BUYERS POWER
      2. SUPPLIERS POWER
      3. SUBSTITUTION
      4. NEW ENTRANTS
      5. INDUSTRY RIVALRY
    4. MARKET CONCENTRATION ANALYSIS
  5. MARKET BY TYPE
    1. GREYSCALE
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. COLOR
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  6. MARKET BY ASPECT RATIO 
    1. 16:09
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. 21:09
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    3. 04:03
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  7. MARKET BY TECHNOLOGY
    1. LED
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. OLED
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    3. CCFL
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  8. MARKET BY APPLICATION
    1. GENERAL RADIOLOGY
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. MAMMOGRAPHY
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    3. SURGERY
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    4. DENTISTRY
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    5. DIGITAL PATHOLOGY
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    6. OTHER APPLICATIONS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  9. COMPETITIVE LANDSCAPE
    1. KEY STRATEGIC DEVELOPMENTS
      1. PRODUCT LAUNCHES & DEVELOPMENTS
      2. PARTNERSHIPS & AGREEMENTS
      3. BUSINESS EXPANSIONS & DIVESTITURES
    2. COMPANY PROFILES
      1. ADVANTECH CO LTD
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES  
      2. BARCO
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES  
      3. CANVYS
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES  
      4. DOUBLE BLACK IMAGING
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES  
      5. EIZO CORPORATION
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES  
      6. HP DEVELOPMENT COMPANY LP
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES  
      7. NDS SURGICAL IMAGING
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES  
      8. QUEST INTERNATIONAL
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES
      9. STERIS
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES  
      10. STRYKER
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES
      11. UTI TECHNOLOGY INC
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – MEDICAL DISPLAY MONITORS

TABLE 2: UNITED STATES MEDICAL DISPLAY MONITORS MARKET, BY TYPE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 3: UNITED STATES MEDICAL DISPLAY MONITORS MARKET, BY TYPE, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 4: UNITED STATES MEDICAL DISPLAY MONITORS MARKET, BY ASPECT RATIO, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 5: UNITED STATES MEDICAL DISPLAY MONITORS MARKET, BY ASPECT RATIO, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 6: UNITED STATES MEDICAL DISPLAY MONITORS MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 7: UNITED STATES MEDICAL DISPLAY MONITORS MARKET, BY TECHNOLOGY, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 8: UNITED STATES MEDICAL DISPLAY MONITORS MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 9: UNITED STATES MEDICAL DISPLAY MONITORS MARKET, BY APPLICATION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 10: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS 

TABLE 11: LIST OF PARTNERSHIPS & AGREEMENTS 

TABLE 12: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

LIST OF FIGURES

FIGURE 1: KEY MARKET TRENDS

FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

FIGURE 3: MARKET CONCENTRATION ANALYSIS

FIGURE 4: KEY BUYING CRITERIA

FIGURE 5: UNITED STATES MEDICAL DISPLAY MONITORS MARKET, GROWTH POTENTIAL, BY TYPE, IN 2023

FIGURE 6: UNITED STATES MEDICAL DISPLAY MONITORS MARKET, BY GREYSCALE, 2024-2032 (IN $ MILLION)

FIGURE 7: UNITED STATES MEDICAL DISPLAY MONITORS MARKET, BY COLOR, 2024-2032 (IN $ MILLION)

FIGURE 8: UNITED STATES MEDICAL DISPLAY MONITORS MARKET, GROWTH POTENTIAL, BY ASPECT RATIO, IN 2023

FIGURE 9: UNITED STATES MEDICAL DISPLAY MONITORS MARKET, BY 16:09, 2024-2032 (IN $ MILLION)

FIGURE 10: UNITED STATES MEDICAL DISPLAY MONITORS MARKET, BY 21:09, 2024-2032 (IN $ MILLION)

FIGURE 11: UNITED STATES MEDICAL DISPLAY MONITORS MARKET, BY 04:03, 2024-2032 (IN $ MILLION)

FIGURE 12: UNITED STATES MEDICAL DISPLAY MONITORS MARKET, BY TECHNOLOGY, 2024-2032 (IN $ MILLION)

FIGURE 13: UNITED STATES MEDICAL DISPLAY MONITORS MARKET, BY LED, 2024-2032 (IN $ MILLION)

FIGURE 14: UNITED STATES MEDICAL DISPLAY MONITORS MARKET, BY OLED, 2024-2032 (IN $ MILLION)

FIGURE 15: UNITED STATES MEDICAL DISPLAY MONITORS MARKET, BY CCFL, 2024-2032 (IN $ MILLION)

FIGURE 16: UNITED STATES MEDICAL DISPLAY MONITORS MARKET, BY APPLICATION, 2024-2032 (IN $ MILLION)

FIGURE 17: UNITED STATES MEDICAL DISPLAY MONITORS MARKET, BY GENERAL RADIOLOGY, 2024-2032 (IN $ MILLION)

FIGURE 18: UNITED STATES MEDICAL DISPLAY MONITORS MARKET, BY MAMMOGRAPHY, 2024-2032 (IN $ MILLION)

FIGURE 19: UNITED STATES MEDICAL DISPLAY MONITORS MARKET, BY SURGERY, 2024-2032 (IN $ MILLION)

FIGURE 20: UNITED STATES MEDICAL DISPLAY MONITORS MARKET, BY DENTISTRY, 2024-2032 (IN $ MILLION)

FIGURE 21: UNITED STATES MEDICAL DISPLAY MONITORS MARKET, BY DIGITAL PATHOLOGY, 2024-2032 (IN $ MILLION)

FIGURE 22: UNITED STATES MEDICAL DISPLAY MONITORS MARKET, BY OTHER APPLICATIONS, 2024-2032 (IN $ MILLION)

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