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Analysis of the US Medical Image Displays Market

  • May 2015
  • 106 pages
  • Frost & Sullivan
Report ID: 3005983

Summary

Table of Contents

Assessment and Outlook of Diagnostic and Surgical Displays Through 2017

This report provides an in-depth analysis of the US Medical Image Displays Market providing revenue forecast, market shares, market dynamics, and trends across the US market through 2017. Segments include diagnostic displays, color and grayscale displays, and surgical displays. As the imaging space matures, the market for diagnostic displays is also facing saturation, leading to drastic drop in the average selling price of display monitors. While LCD displays with LED backlights are common, complete LED and OLED surgical displays can play a crucial role in the competitive scene of the surgical displays segment.

Key Findings
- The diagnostic image displays market includes grayscale displays and color displays, each available in various resolutions. While the grayscale displays segment is highly saturated in the United States, the color displays segment is showing growth prospects at the expense of the grayscale displays segment.
- Revenue from shipments of diagnostic displays to US customers in 2013 was $ million. Frost & Sullivan expects revenue in the US diagnostic displays market to grow at a compound annual growth rate (CAGR) % from 2013 to 2017, reaching $ million in 2017.
- In 2013, at least 8* competitors actively participated in the US diagnostic displays market, with Barco, Inc., NDS Surgical Imaging, LLC, and Eizo Corporation contributing the highest proportions of market revenue. Together, these competitors generated % of total market revenue.
- From 2013 to 2017, Frost & Sullivan estimates that the shipments of grayscale displays would grow by a CAGR of % and color display segments of the US diagnostic displays market would grow at a CAGR of %.
- Revenue from shipments of grayscale diagnostic displays to US customers was $ million in 2013, accounting for % of total market revenue. Frost & Sullivan expects grayscale displays segment revenue to decline at a CAGR of % from 2013 to 2017.
- Revenue from shipments of color diagnostic displays to US customers was $ million in 2013, accounting for % of total market revenue. Frost & Sullivan expects color image displays segment revenue to grow at a CAGR of % from 2013 to 2017.
- The surgical displays market includes color displays that are available in various resolutions and screen sizes. While the grayscale displays segment is highly saturated in the United States, the color displays segment is showing growth prospects at the expense of the grayscale displays segment.
- Total revenue from shipments of surgical displays to US customers in 2013 was $ million. Frost & Sullivan expects revenue in the US surgical displays market to grow at a compound annual growth rate (CAGR) of % from 2013 to 2017, reaching $ million in 2017.
- In 2013, at least 8* competitors actively participated in the US surgical displays market, with Barco, Inc., NDS Surgical Imaging, LLC, and Sony Corporation contributing the highest proportions of market revenue. Together, these competitors generated % of total market revenue.
- As of the end of 2017, Frost & Sullivan estimates that the shipments of surgical displays would grow by a CAGR of % and the average selling price would drop marginally, by a CAGR of % from 2013 to 2017.
- Technological advancements, and adoption of environment friendly organic light emission diode (OLED) technology hold a key to define the competitive landscape in the surgical displays market.

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