The Medical Imaging Monitor Market in the United States is Expected to Grow at

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New Delhi, Sept. 20, 2022 (GLOBE NEWSWIRE) — The market for medical or diagnostic imaging monitors in the United States is booming owing to the rising incidence of chronic diseases, growing number of elderly people, and technological advancements contributing to the development of various imaging tools and monitors diagnostic for use in various medical processes…

BlueWeave Consultinga leading strategic consulting and market research firm, in its recent study, predicts United States Medical Imaging Monitor Market grow at a significant rate 8.4% CAGR between 2022 and 2028. Significant factors, including rapid population aging in the United States; increased incidence of chronic diseases, such as cancer and cardiovascular events; and technological advancements to develop various diagnostic imaging tools and monitors to be used in a variety of medical processes are expected to contribute to the robust growth of the US medical imaging monitor market over the forecast period (2022- 2028).

US Medical Imaging Monitor Market – Overview

Medical imaging also known as diagnostic imaging refers to the technique of generating visual representations of the internal body to diagnose a patient. Low amounts of electromagnetic radiation help produce very detailed images of the inside of the body. The detailed images created by these processes are used to further the treatment of the patient and help analyze the doctor on the anatomical structure and functional functioning of the internal organs. Medical imaging is used in the field of medicine to recognize a range of medical problems, such as damaged bones, heart problems, blood clots and intestinal problems. Additionally, diagnostic radiology can also monitor diseases such as colon cancer and breast cancer.

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US Medical Imaging Monitor Market – Industry Trends and Forecasts

Growth factors

Technological improvements in imaging systems

Innovative technologies and growing investments in R&D activities are driving the growth of the medical imaging monitor market in the United States. The latest technologies in the field of medical imaging include 3D visualization, medical cooperation, simplified Picture Archiving and Communication System (PACS) connectivity, Big Data and IoT, which enable easy access to radiology reports and reference studies. For example, using an automated IoT-enabled sensor, the smart radiology lighting system can change the brightness of the reading room light according to World Health Organization (WHO) standards. , tailoring the settings to the specific modalities and priorities of each healthcare provider. Diagnostic accuracy is also improving with 3D mammography and 3D ultrasound holography which are expected to drive the market growth.

Adoption of integrated 4K medical imaging and AI technologies

The adoption of artificial intelligence (AI) and 4K technologies is rapidly increasing in the healthcare sector in the United States and AI has also penetrated medical imaging technologies. The high adoption of AI-integrated technologies, especially in developed countries, such as the United States, is one of the major drivers for the growth of the medical imaging monitor market in the country. AI-integrated technologies provide early and high efficiency in diagnosing various conditions, which helps to provide treatment in the early stages. As a result, AI and 4K are increasingly being adopted for display units or monitors in medical imaging systems.

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US Medical Imaging Monitors Market Forecast and Trends

The medical imaging monitor market in the United States is expected to grow at a significant rate in the coming years. The increasing incidence of chronic diseases, such as cancer and cardiovascular diseases, the growth of the geriatric population, and the improvement of technologies to develop many diagnostic imaging tools and monitors for use in various medical processes are important factors. which are expected to drive the growth of the market during the forecast. period (2022-2028).

Constraints

High cost of medical imaging systems

Monitors and systems for medical or diagnostic imaging are very expensive. Innovative technologies that add additional costs are expected to hamper the growth of the medical imaging monitor market in the United States.

US Medical Imaging Monitor Market – By Application

Based on application, the medical imaging monitor market in the United States is segmented into X-ray, Mammography, Digital Pathology, Multimodality, Surgical, and Others. Among the applications, the X-ray segment is expected to maintain its leading position in the medical imaging monitor market in the United States during the projected period between 2022 and 2028.

Impact of COVID-19 on the US Medical Imaging Monitor Market

The medical imaging monitor market in the United States has seen a sudden drop during the COVID-19 pandemic and the resulting lockdowns across the country. Demand for imaging equipment has dropped significantly as hospital visits to diagnose and check for chronic conditions have fallen due to lockdown restrictions. In addition, hospital resources and health experts were fully focused on caring for patients infected with COVID-19. However, in the post-COVID-19 pandemic era, the medical imaging industry is expected to grow as regular medical examinations and disease diagnosis resume. The prevalence of many medical conditions is considered to have increased during the pandemic and lockdown due to the sedentary lifestyle. As a result, people are starting to take advantage of medical diagnostic services and solutions again. This, in turn, is expected to fuel the growth of the US medical imaging monitor market over the forecast period.

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Competitive landscape

The medical imaging monitor market in the United States has players ranging from large multinational corporations and startups. The market is experiencing strong competition. The major market players are HP Development Company LP, Quest International, Stryker Corporation, Double Black Imaging, STERIS plc, UTI Technology, NDS Surgical Imaging LLC – A Novanta Company, Canvys, Advantech Co Ltd, Barco and Eizo Corporation. These companies are executing various strategic moves, such as mergers and acquisitions, partnerships, and new product launches, to expand their customer base, expand their reach across the United States, and maintain their competitive advantage over their rivals in the domestic market. medical imaging monitors.

RECENT DEVELOPMENTS

  • In February 2021, Double Black Imaging (DBI) has launched its Gemini 12MP, designed to improve multi-modality workflow for breast imaging and PACS. DBI’s Gemini 12MP features a high-speed graphics controller to optimize Tomo image processing, as well as DBI’s comprehensive calibration software suite. In June 2022, Canvys introduced its new 18.5-inch Full HD True flat screen in 16:9 with PCAP multi touch (10 points). It contains a fully enclosed enclosure (no vents) ideal for use in medical or industrial environments.

Report scope

Attributes Details
Years considered Historical data – 2018–2021
Base year – 2021
Forecast – 2022–2028
Facts Covered Revenue in millions of dollars
Product/service segmentation By type, by resolution, by technology, by application
Key players HP Development Company LP, Quest International, Stryker Corporation, Double Black Imaging, STERIS plc, UTI Technology, NDS Surgical Imaging A Novanta Company, Canvys, Advantech Co Ltd, Barco, Eizo Corporation and other leading players.

By type

By resolution

By technology

By app

  • X-ray
  • Mammography
  • Digital pathology
  • Multi-modality
  • Surgical
  • Others

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