The medical display monitor market is expected to register a CAGR of 4.9% during the forecast period (2018–2023), due to the growing preference for minimally invasive treatments, increasing incidence of chronic diseases, rising demand for hybrid operating room (OR) technologies, and frequent replacement of medical display technologies. These growth drivers are projected to increase the revenue size of the market from $2.1 billion in 2017 to $2.8 billion by 2023.
Adoption of hybrid OR technologies allows physicians to perform procedures through a real-time image guidance system and comprehends the effectiveness of the procedure. Also, improvements in hybrid OR technologies, like surgical robots, electrosurgical technologies, and wireless C-arm, are expected to escalate the efficiency of work environment for surgeons. These hybrid ORs are used to perform several minimally invasive procedures, such as endovascular aneurysm repair (EVAR) and transcatheter aortic valve replacement (TVAR), which require a large number of medical display monitors.
Access Detailed Report - Medical Display Monitor Market Revenue Estimation
Constant research and development in medical imaging technology is helping market players to introduce technologically improved systems in the medical display monitor market. These players are developing devices for effective imaging in areas of computed tomography (CT), magnetic resonance imaging (MRI), and digital subtraction angiography (DSA). For instance, EIZO Corporation introduced 19-inch RadiForce MX194 clinical review monitor, in April 2018. The monitor is designed for viewing MRI, CT, and DSA medical charts and images.
During the forecast period, the Latin American (LATAM) medical display monitor market is expected to showcase the fastest growth. This can be attributed to the high demand for medical imaging devices from LATAM countries. Also, an increase in the geriatric population will drive the market in coming years. According to a 2017 report by the United Nations Department of Economic and Social Affairs, by 2050, Brazil will have nearly 58 million people of age 65 years and above.
Thus, improvement in medical imaging technology and rise in number of MISs and minimally invasive cosmetic procedures will amplify the market growth in the years to come .
The Display Monitor Market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market.
Display Monitor Market Report presents the conceptual study and strategic analysis on Display Monitor Industry which provides market scope, applications, a topographical presence that drive the Display Monitor market.
Download Sample PDF Copy of the Display Monitor Market Report to understand the structure of the complete report@ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-display-monitor-market A large-scale Display Monitor Market report delivers a comprehensive analysis of the market structure along with estimations of the various segments and sub-segments of the market.
This study also analyzes the market status, future trends, revenue generation, market share, growth rate, opportunities and challenges, sales volume, market drivers, market restraints, risks, and entry barriers.
The Display Monitor Market report facilitates businesses to successfully make decisions about business strategies to achieve maximum return on investment (ROI).
Scope of Display Monitor MarketKey Strategic Developments: The study comprises the key strategic developments of the market, comprising R, new product launch, M, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.Key Market Features: The report evaluated key market features, capacity, capacity utilization rate, including revenue, price, gross, production, production rate, consumption, import, export, supply, demand, cost, market share, CAGR, and gross margin.
