Get In Touch

Global Patient Monitoring and Ultrasound Devices Display Market: Snapshot

With the evolution of digital imaging and diagnosis technology, medical monitors have evolved from the old traditional monitors to digital multi-functional monitors that can track many different vital signs at once, with the added advantages of miniaturization and portability. These monitors are widely used for a diversified functions in hospitals, diagnostics labs, clinics and others. The patient monitoring and ultrasound devices display screen has witnessed tremendous growth and innovation owing to the huge demand of advanced displays for some products such as cardiac monitors, multiparameter monitors and others. Rise in demand for advanced diagnostic technology with high contrast and best resolution display is expected to boost the patient monitoring and ultrasound devices display market globally. However, high cost of medical device is expected to hinder the market over forecast period. The global market for patient monitoring and ultrasound devices display is anticipated to expand at a revenue CAGR of 5.1% during the forecast period from 2017 – 2025. The global patient monitoring and ultrasound devices display market is expected to reach US$ 4,605.4 Mn by 2025.

global patient monitoring and ultrasound devices market

Hospitals, Clinics, Diagnostic Labs to Exhibit Strong Demand for Medical Display Devices

The global patient monitoring and ultrasound devices display market can be segmented on the basis of its device type, screen size, screen resolution, touch type, display technology, color and region used in patient monitoring and ultrasound medical devices. Under patient monitoring device type the market is segmented into hemodynamic monitoring devices, neuromonitoring devices, cardiac monitoring devices, fetal & neonatal monitoring devices, respiratory monitoring devices, multiparameter monitoring devices, remote patient monitoring devices, weight monitoring devices and temperature monitoring devices, whereas, under ultrasound device type it segmented into  2D Ultrasound, 3D Ultrasound, 4D Ultrasound, Doppler Ultrasound, High-intensity Focused Ultrasound and Extracorporeal Shockwave Lithotripsy. The market further segmented based on various display screen sizes into 4” – 8”, 8” – 12”, 12” – 16”, 16” – 20” and 20” and above. In terms of screen resolution, patient monitoring and ultrasound devices display market can be segmented into 640 x 480, 1024 x 768, 1280 x 800, 1280 x 1024 and others. Based on the touch type, the market is further categorized into interactive and non-interactive display. Further the market has been segmented into LED, TFT-LCD, PM-LCD, CRT, PMOLED, AMOLED patient monitoring and ultrasound devices display on the basis of display technology. In terms of color display, the market is segmented into Black & White (B/W) and Colorful display.

Medical device display is becoming popular across every end-users, especially in hospitals, clinics, diagnostics labs and others, as manufacturer aim to introduce innovative displays to the market every year to cater the growing demand. The manufacturers are keen towards adoption of the latest technology and offer unique features to differentiate their products and gain competitive edge. Currently, manufactures use LCD, LED and OLED display technology owing to their less power consumption feature. This is expected to create opportunities for the growth of patient monitoring and ultrasound devices display market during the forecast period.

Early Adoption of Advanced Technologies Puts North America at Market’s Fore

Geographically, patient monitoring and ultrasound devices display market is also segmented into North America, Europe, Asia-Pacific, Middle East & Africa and South America. North America is expected to hold largest share among global patient monitoring and ultrasound devices display market owing to the early adoption of technology in healthcare industry. However, Asia-Pacific is expected to witness highest CAGR during the forecast period owing to growing usage of patient monitoring and ultrasound devices in the emerging countries such as China, India, Japan and others.

The global patient monitoring and ultrasound devices display market is highly fragmented with number of companies operating in the market. Leading players are currently focusing on providing cost competitive products to the customers. Moreover, as part of this strategy, the companies are engaging in various strategic partnerships, acquisitions, focusing on expanding their business through new service additions and geographical presence. Some of the Key players engaged in patient monitoring and ultrasound devices display market including some manufacturers (OEM) are Philips Healthcare, Shimadzu Corporation, Toshiba Medical Systems Corporation (TMSC), Carestream Health, Hitachi Medical Corporation, Barco NV, Hologic, Inc., Esaote SpA, EZISURG MEDICAL, Beijing JingJing Medical Equipment Co Ltd, Cook Medical, Medtronic, Inc., Shanghai Fosun Long March Medical Science Co Ltd, Lifetech Scientific Corporation, China Medical Equipment Co Ltd., Shanghai United Imaging Healthcare Co Ltd., and Beijing Leadman Biochemistry Ltd.

Technological Advancement to Spell Growth for Patient Monitoring and Ultrasound Devices Display Market

The technology and features of medical monitors have changed over the years and with the advent of digital diagnosis and imaging technology, these monitors have gained immense popularity. With this new technology, these display devices are now able to  keep a track on different vital signs and all at once. Now the size of this device has been drastically reduced, which makes it highly portable. Such benefits are likely to support growth of the global patient monitoring and ultrasound devices display market in the forthcoming years.

These display devices are extensively utilized for a wide range of functions in many places, such as clinics, diagnostic labs, and hospitals. The screen of patient monitoring and ultrasound devices display has witnessed several innovations and developments due to the high demand for advanced display options. Such advancement in display is needed for items like multi-parameter monitors, cardiac monitors, and others. There has been an augmented demand for advanced technology of diagnosis with best resolution and high contrast. This factor is estimated to pave way for rapid growth of the global patient monitoring and ultrasound devices display market in the near future. However, the cost of this device quite high, which pose challenge for the growth of the market.

Outbreak of Covid-19 to Offer Lucrative Growth Opportunities for the Market

The global patient monitoring and ultrasound devices display market is foreseen to observe considerable growth over the assessment timeframe. Key players have been adopting various strategies to fortify their market share and increase revenue. This study also keeps a track of the various new market dynamics, such as investments, acquisitions, and mergers.

The ongoing pandemic situation is likely to spell growth for the global medical connectors market global patient monitoring and ultrasound devices display market. The Covid-19 and its new variant B.1.1.7 wreaks havoc worldwide, more people are getting infected with the virus and are getting hospitalized. With augmented hospitalization, the demand for medical devices is expected to rise. With the increased demand for medical devices, the global patient monitoring and ultrasound devices display market is likely to observe considerable growth in the timeframe of analysis.

Increased Demand for Advanced Features Generates Promising Sales Opportunities in Patient Monitoring and Ultrasound Devices Display Market

Patient monitoring and ultrasound devices are widely used in various purposes in the healthcare sector. Hospitals, clinics, and diagnostic labs are some of the key end-users of patient monitoring and ultrasound devices. This scenario creates promising demand opportunities for vendors working in the global patient monitoring and ultrasound devices display market.

In recent few years, the worldwide healthcare sector is experiencing a drastic shift from traditional tools and practices to the technologically advanced equipment. The introduction of digital imaging and diagnostic technology and remarkable advancements in conventional monitors is leading to the development of digital multi-purpose monitors. The key specialty of these advanced devices is they can track numerous vitals while offering the advantage of portability and miniaturization. Owing to these advantages, the patient monitoring and ultrasound devices display market is likely to show promising demand opportunities in the forthcoming years.

The companies engaged in the patient monitoring and ultrasound devices display market are growing efforts to advance the quality of the products they offer. Key reason behind for the increased investment for innovations and developments by market players is the rising demand for technologically advanced display options from all across the globe. At present, many devices such as cardiac monitors and multi-parameter monitors with improved display functions are in high demand. Thus, rising sales of these advanced devices is indicative of the growth of the patient monitoring and ultrasound devices display market at decent pace.

The onset of recent COVID-19 epidemic has resulted into disrupted world economy. Several industrial sectors are experiencing adverse impact of this pandemic. Many hospitals and healthcare centers across the globe have halted non-emergency surgical procedures and therapies. They are focused on providing healthcare services to patients infected with coronavirus. Due to towering number of COVID-19 patients, many hospitals across the globe are experiencing increased hospital admissions. Owing to this scenario, the companies working in the global patient monitoring and ultrasound devices market are expected to witness remarkable expansion avenues in the sales in the forthcoming years.

Global Patient Monitoring and Ultrasound Devices Display Market: Overview

The global patient monitoring and ultrasound devices display market report provides analysis for the period 2015 – 2025, wherein the period from 2017 to 2025 is the forecast period and 2016 is the base year. The report covers all the major trends and technologies playing key role in patient monitoring and ultrasound devices display market growth over the forecast period. It also highlights the drivers, restraints, and opportunities expected to influence market’s growth during the forecast period. The study provides a holistic perspective on the patient monitoring and ultrasound devices display market’s growth throughout the above mentioned forecast period in terms of revenue (in US$ Mn) and Volume (Mn Units), across different geographies, including North America, Europe, Asia-Pacific, Middle East & Africa (MEA) and South America.

Global Patient Monitoring and Ultrasound Devices Display Market: Market Dynamics

The market overview section of the report demonstrates the market dynamics and market trends, such as the drivers, restraints, and opportunities that influence the current nature and future status of the market. An attractiveness analysis have also been provided for every geographic region in the report, in order to provide a thorough analysis of the overall competitive scenario of the patient monitoring and ultrasound devices display market, globally. Moreover, the report provides an overview of the various strategies of key players present in the market. Introduction and market definition chapter helps in understanding different technologies of patient monitoring and ultrasound devices display along with their applications which are included in the report.

Global Patient Monitoring and Ultrasound Devices Display Market: Market Segmentation

The report segments the global patient monitoring and ultrasound devices display market on the basis of various type into patient monitoring devices and ultrasound devices. Furthermore, the each market (patient monitoring devices and ultrasound device) is segmented on the basis of device type, screen size, screen resolution, touch type, display technology used, and by color type. On the basis of patient monitoring devices display type, the market is segmented into hemodynamic monitoring devices, neuromonitoring devices, cardiac monitoring devices, fetal & neonatal monitoring devices, respiratory monitoring devices, multiparameter monitoring devices, remote patient monitoring devices, weight monitoring devices and temperature monitoring devices. Whereas the ultrasound device display market is segmented on the basis of device type in 2D ultrasound, 3D ultrasound, 4D ultrasound, Doppler ultrasound, high-intensity focused ultrasound and extracorporeal shockwave lithotripsy segment. Thus, the report provides in-depth cross-segment analysis of the patient monitoring and ultrasound devices display market and classifies it into various levels, thereby providing valuable insights at the macro as well as micro levels.

The report also highlights the competitive landscape of the patient monitoring and ultrasound devices display market, thereby positioning all the major players according to their geographic presence and recent key developments. The comprehensive patient monitoring and ultrasound devices display market estimates are the result of our in-depth secondary research, primary interviews, and in-house expert panel reviews. These market estimates have been analyzed by taking into account the impact of different political, social, economic, technological, and legal factors along with the current market dynamics affecting the patient monitoring and ultrasound devices display market’s growth.

Global Patient Monitoring and Ultrasound Devices Display Market: Regional Outlook

On the basis of country, North American market is segmented into The U.S., Canada and Rest of North America. Similarly, Europe market is segmented into The U.K., Germany, France, and Rest of Europe. Asia Pacific have been segmented into China, Japan, India, and Rest of Asia Pacific. Middle East and Africa covers the GCC countries, South Africa and Rest of Middle East and Africa. Similarly, South American region includes Brazil, and Rest of South America. This report provides all the essential information required to understand the patient monitoring and ultrasound devices display and its components. Furthermore, Porter’s Five Forces analysis explains the factors which are currently affecting the market. This report also provides the value chain analysis for the Patient Monitoring and Ultrasound Devices Display market which explains the participants of the value chain. The report also provides the current market trend impact analysis across each region.

Global Patient Monitoring and Ultrasound Devices Display Market: Competitive Landscape

Some of the key players engaged in patient monitoring and ultrasound devices display market include various manufacturers such as Fujifilm Holdings Corporation, GE Healthcare, Siemens Healthcare, Philips Healthcare, Shimadzu Corporation, Toshiba Medical Systems Corporation (TMSC), Carestream Health, Hitachi Medical Corporation, Barco NV, Hologic, Inc., Esaote SpA, EZISURG MEDICAL, Beijing JingJing Medical Equipment Co Ltd, Cook Medical, Medtronic, Inc., Shanghai Fosun Long March Medical Science Co Ltd, Lifetech Scientific Corporation, China Medical Equipment Co Ltd., Shanghai United Imaging Healthcare Co Ltd., and Beijing Leadman Biochemistry Ltd. Details such as financials, and products/service offerings pertaining to these players have been duly provided as part of company profiling.

Market Segmentation

Global Patient Monitoring and Ultrasound Devices Display Market, By Device Type

  • Patient Monitoring Devices
    • Hemodynamic Monitoring Devices
    • Neuromonitoring Devices
    • Cardiac Monitoring Devices
    • Fetal & Neonatal Monitoring Devices
    • Respiratory Monitoring Devices
    • Multiparameter Monitoring Devices
    • Remote Patient Monitoring Devices
    • Weight Monitoring Devices
    • Temperature Monitoring Devices
  • Ultrasound Devices
    • 2D Ultrasound
    • 3D Ultrasound
    • 4D Ultrasound
    • Doppler Ultrasound
    • High-intensity Focused Ultrasound
    • Extracorporeal Shockwave Lithotripsy

Global Patient Monitoring and Ultrasound Devices Display Market, By Size

  • Patient Monitoring Devices
    • 4” – 8”
    • 8” – 12”
    • 12” – 16”
    • 16” – 20”
    • 20” and above
  • Ultrasound Devices
    • 15” – 16”
    • 16” – 20”
    • 20” and above

Global Patient Monitoring and Ultrasound Devices Display Market, By Screen Resolution

  • 640 x 480
  • 1024 x 768
  • 1280 x 800
  • 1280 x 1024
  • Others

Global Patient Monitoring and Ultrasound Devices Display Market, By Touch Type

  • Interactive
  • Non-interactive

Global Patient Monitoring and Ultrasound Devices Display Market, By Display Technology

  • LED
  • TFT-LCD
  • PM-LCD
  • CRT
  • PMOLED
  • AMOLED

Global Patient Monitoring and Ultrasound Devices Display Market, By Color

  • B/W
  • Colorful

In addition, the report provides analysis of the global Patient Monitoring and Ultrasound Devices Display market with respect to the following regions:

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • France
    • UK
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Middle East and Africa (MEA)
    • GCC Countries
    • South Africa
    • Rest of MEA
  • South America
    • Brazil
    • Rest of South America

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Patient Monitoring Ultrasound Devices Display Market

Buy Now