Increasing Application Of 3d Technology in Medical Display Monitoring Devices is A Major Trend in The Medical Display Monitor Market

Global medical display monitor market is expected to attain revenue of $2.8 billion by 2023, according to P&S Market Research.

According to the research report published by P&S Intelligence, the medical display monitor market is projected to witness a decent growth during the forecast period. The market is mainly driven by increasing prevalence of chronic diseases, increasing demand for minimally invasive treatments, rising adoption of hybrid operating room (OR) technologies, and short replacement cycle of medical display technologies.

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Increasing application of 3D technology in medical display monitoring devices is a major trend in the medical display monitor market. Medical display technologies have been rapidly changing with increasing focus on research and development (R&D). Surgeons now use image-guided surgery technology that offers higher imaging quality and better vision effects for the diagnosis of diseases. However, the majority of medical devices provide 2D display images that do not allow the stereoscopic viewing of medical data. 3D display technology, on the other hand, addresses this issue and presents medical images in a stereoscopic format, thus allowing in-depth analysis of the data. The technology has started gaining ground in several practice areas, such as oncology, orthopedics, genecology, cardiology, and dentistry. In March 2017, EchoPixel Inc., a privately held company focusing on 3D medical visualization software, announced the clinical adoption of True 3D Viewer Software for pediatric surgical procedures, which allows clinicians to use real-time patient image data in a desktop virtual reality environment. It translates digital imaging and communications in medicine (DICOM) image data into virtual reality objects, allowing physicians to examine patients’ medical conditions.

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Globally, North America held the largest share in the medical display monitor market in 2017. The growth in the North American market can be mainly attributed to the rising preference for minimally invasive surgeries, advanced healthcare infrastructure, and growing prevalence of chronic diseases. According to the Centers for Disease Control and Prevention (CDC), 236,968 women and 2,141 men in the U.S. were diagnosed with breast cancer in 2014. Since medical display monitors offer high-quality colored and grayscale images in radiology as well as 2D and 3D mammography, they are in high demand for the diagnosis and examination of various medical conditions and diseases, including breast cancer. Further, the CDC also stated that heart disease is a major cause of death in the U.S. and about 630,000 Americans die from heart disease each year. In the U.S., around 366,000 people died because of chronic heart disease (CHD) in 2015. Thus, the rising prevalence of chronic diseases and increasing technological advancements in medical display monitoring technologies, in terms of high resolution and contrast ratio and better image stability, are expected to fuel the demand for medical display monitors in the region in the coming years.

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