The U.S. Medical Display Monitors Market size is estimated to reach USD 1.0 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.7% from 2021 to 2028. The rise in the number of diagnostic imaging centers across the U.S., increased adoption of hybrid operating rooms, rise in minimally invasive surgeries, increased cancer prevalence, and high volume of diagnostic imaging procedures are the factors responsible for market growth.
The display allows surgeons and medical practitioners
to view diagnostic and surgical images in higher resolution for clear
identification of tissues and blood vessels. A single monitor has the capacity
to display data from optical microscopes, navigation displays, video streaming
of the operating room, and diagnostic scans, to reduce surgeons’ burden to
obtain data from different sources. This tool is of utmost importance for the
radiologist, as it plays a key role in diagnosis accuracy and helps reduce
errors.
Market leaders are developing display monitors
integrated with computer systems to ultimately interact with all medical
devices within the medical setting to enhance operability and improve data
security. Additionally, to tackle issues like reduced radiology staff and
increased work pressure on radiologists after the outbreak of Covid 19, Barco
has developed a display controller. This eased their workflow and improved
efficiency. However, the market dropped in 2020, due to the reduced elective
surgeries, hospital economic instability, and reduced emergency room
admissions. However, the market is anticipated to normalize by mid-2022.
Related Press Release@ U.S. Medical Display Monitors Market Report
U.S. Medical Display Monitors
Market Report Highlights
- The greyscale segment accounted for the largest revenue share in
2020 in the type outlook as it provides ease of workflow and is
cost-efficient
- The 16:9 aspect ratio segment held the largest revenue share in
2020
- LED is the largest revenue-generating segment in this market owing
to the Low energy requirement, brighter images, high operational life,
reduced heat generation, non-reactive to the temperature-sensitive
environment, and lower power consumption, in this end-user setting
- The general radiology segment accounted for the largest revenue
share in the application segment as it provides diagnostic accuracy,
reduction in errors, and constant need for high-quality imaging displays
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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