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Surgical Displays Emerge as a High-Growth Segment in the North American Medical Displays Monitors Markets - Frost & Sullivan finds that the North American Medical Display Monitors Markets earned revenues of $329.9 million in 2006 and estimates this to reach $573.6 million in 2013
Surgical Displays Emerge as a High-Growth Segment in the North American Medical Displays Monitors Markets

 

PRZOOM - /newswire/ - Palo Alto, CA, United States, 2007/10/16 - Frost & Sullivan finds that the North American Medical Display Monitors Markets earned revenues of $329.9 million in 2006 and estimates this to reach $573.6 million in 2013.

   
 
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The refinement of liquid crystal display (LCD) technology and ongoing installations of picture archiving and communications systems (PACS) are having a profound impact on the North American medical display monitors markets. While LCD refinement has resulted in the current state of price declines, PACS implementations continue to fuel strong unit growth in the market.

Frost & Sullivan (medicalimaging.frost.com) finds that the North American Medical Display Monitors Markets earned revenues of $329.9 million in 2006 and estimates this to reach $573.6 million in 2013.

If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants an overview of the latest analysis of the North American Medical Display Monitors Markets, then send an email to Melina Trevino - Corporate Communications at melina.trevino[.]frost.com with the following information: your full name, company name, title, telephone number, email address, city, state, and country. We will send you the information via email upon receipt of the above information.

"The medical displays market consists of three distinct segments: imaging, surgical, and patient monitoring," notes Frost & Sullivan Research Analyst Zachary Bujnoch. "Long standing growth factors such as new PACS installations are spurring growth in the imaging segment even as more current developments such as the introduction of high definition (HD) technology are compounding already substantial growth in the surgical space."

While the established patient monitoring segments are mature and set to experience only limited growth, the expansion of PACS installations into smaller healthcare practices is promoting unit growth in the imaging displays market. At the same time, the introduction of HD technology in the surgical arena is not only supporting unit growth, but is also arresting price declines.

However, the entry into smaller healthcare practices is resulting in fewer monitors needed per installation. This is having a dampening effect on the imaging space; as demand decreases, unit shipments are growing at a slower rate.

"As more second tier providers install new PACS systems, fewer displays will be needed per installation and consumer comparisons will be high," says Bujnoch. "While unit growth will continue to be strong due to these installations, it will not be as high as earlier."

As healthcare providers attempt to accommodate growing price concerns, commercial equivalents will offer an attractive alternative to more expensive medical displays. In response, display companies will need to provide adequate education about their products and the advantages that medical displays can offer.

The North American Medical Display Monitors Markets is part of the Medical Imaging Subscription, which also includes research in the following markets: External Defibrillator Device and Services, Anesthesia and End-Tidal Carbon Dioxide Monitoring, and ECG Monitoring Devices and Services. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews with the press are available.

About Frost & Sullivan
Frost & Sullivan, the Growth Consulting Company, partners with clients to accelerate their growth. The company's Growth Partnership Services, Growth Consulting and Career Best Practices empower clients to create a growth focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents.

 
 
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Surgical Displays Emerge as a High-Growth Segment in the North American Medical Displays Monitors Markets

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