Market Overview:
The global personalized medical monitors market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for advanced diagnostic and therapeutic procedures, rising prevalence of chronic diseases, and growing awareness about early diagnosis and treatment. Based on type, the global personalized medical monitors market is segmented into LCDs, monochrome displays, LEDs, and others (including OLEDs). LCDs are expected to account for the largest share of the global personalized medical monitors market in 2018. This segment is also projected to grow at a CAGR of 7.8% during the forecast period from 2018 to 2030. Monochrome displays are expected to be the second-largest type segment in terms of revenue contribution in 2018; however, this segment is projected to register a lower CAGR than that for LCDs during the forecast period from 2018to 2030 owingto their limited applications as compared with LCDs.
Product Definition:
Personalized medical monitors are devices that track a person's health and provide feedback to the individual or their doctor. They are important because they can help people stay healthy and catch health problems early.
LCD:
Liquid Crystal Display (LCD) is a two-dimensional grid of liquid crystals that can be programmed to display almost all the possible data in the form of images, text and figures. LCDs are used in medical devices for patient monitoring systems, therapeutic applications and diagnostic equipment. The major factor driving this market includes growing demand for advanced technology healthcare products coupled with increasing incidences of lifestyle diseases such as diabetes & obesity.
Monochrome:
Monochrome is a display technology that offers better resolution and contrast compared to the color displays. The term monochrome means single color or black and white in Greek. Monochromatic lenses are used in ophthalmic applications such as near-infrared (NIR) imaging, fluorescence microscopy, and autofluorescence microscopy.
Application Insights:
On the basis of application, the global market is segmented into diagnostics, radiology, surgical and endoscopy, and mammography. The diagnostics segment dominated the overall market in terms of revenue share in 2017. This can be attributed to a large number of applications for which these devices are used including cholesterol testing, blood glucose monitoring among others.
The radiology segment is expected to grow at a lucrative rate over the forecast period owing to increasing demand for radiation safety while using these monitors as well as advanced technology used by manufacturers such as 3D imaging and smart cameras integrated with medical monitors.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of key players, high adoption rate of advanced technologies, and favorable reimbursement policies & regulatory reforms in this region. For instance, In April 2015, M7 Sensors Inc., a U.S.-based company launched Pulsimeter that measures pulse waveform and heart rhythm using LED lights and audio feedback. The product is approved for sale in U.S., but not yet for commercial use as it has not received clearance from the FDA’s Center for Devices & Radiological Health (CDRH).
Growth Factors:
- Increasing incidence of chronic diseases: The prevalence of chronic diseases is increasing at an alarming rate across the globe. This is primarily because of the changing lifestyle and dietary habits of people. Personalized medical monitors can help in early diagnosis and treatment of these conditions, which would eventually lead to reduced healthcare costs.
- Growing demand for home-based care: There is a growing demand for home-based care, especially in developed countries where the elderly population is on the rise. Personalized medical monitors can play a key role in providing timely and accurate health information to patients, which would help them take better care of themselves.
- Advances in technology: Rapid advances in technology are resulting in new and innovative personalized medical monitors that are easier to use and provide more accurate data than ever before. This is likely to fuel market growth over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Personalized Medical Monitors Market Research Report
By Type
LCD, Monochrome, LED, Others
By Application
Diagnostic, Radiology, Surgical, Endoscopy, Mammography
By Companies
Ampronix, Advantech, FSN Medical Technologies, Vimex Endoscopy, Biovision, Barco, Eizo Inc., NEC, Double Black Imaging, Richard Electronics, Ltd, Ampronix
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
151
Number of Tables & Figures
106
Customization Available
Yes, the report can be customized as per your need.
Global Personalized Medical Monitors Market Report Segments:
The global Personalized Medical Monitors market is segmented on the basis of:
Types
LCD, Monochrome, LED, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Diagnostic, Radiology, Surgical, Endoscopy, Mammography
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ampronix
- Advantech
- FSN Medical Technologies
- Vimex Endoscopy
- Biovision
- Barco
- Eizo Inc.
- NEC
- Double Black Imaging
- Richard Electronics, Ltd
- Ampronix
Highlights of The Personalized Medical Monitors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- LCD
- Monochrome
- LED
- Others
- By Application:
- Diagnostic
- Radiology
- Surgical
- Endoscopy
- Mammography
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Personalized Medical Monitors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Personalized medical monitors are a type of wearable technology that can track a person's heart rate, blood pressure, and other vital signs. These monitors can help doctors diagnose and treat medical conditions more quickly.
Some of the major companies in the personalized medical monitors market are Ampronix, Advantech, FSN Medical Technologies, Vimex Endoscopy, Biovision, Barco, Eizo Inc., NEC, Double Black Imaging, Richard Electronics, Ltd, Ampronix.
The personalized medical monitors market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Personalized Medical Monitors Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Personalized Medical Monitors Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Personalized Medical Monitors Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Personalized Medical Monitors Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Personalized Medical Monitors Market Size & Forecast, 2020-2028 4.5.1 Personalized Medical Monitors Market Size and Y-o-Y Growth 4.5.2 Personalized Medical Monitors Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 LCD
5.2.2 Monochrome
5.2.3 LED
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Diagnostic
6.2.2 Radiology
6.2.3 Surgical
6.2.4 Endoscopy
6.2.5 Mammography
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Personalized Medical Monitors Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Personalized Medical Monitors Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 LCD
9.6.2 Monochrome
9.6.3 LED
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Diagnostic
9.10.2 Radiology
9.10.3 Surgical
9.10.4 Endoscopy
9.10.5 Mammography
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 LCD
10.6.2 Monochrome
10.6.3 LED
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Diagnostic
10.10.2 Radiology
10.10.3 Surgical
10.10.4 Endoscopy
10.10.5 Mammography
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 LCD
11.6.2 Monochrome
11.6.3 LED
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Diagnostic
11.10.2 Radiology
11.10.3 Surgical
11.10.4 Endoscopy
11.10.5 Mammography
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 LCD
12.6.2 Monochrome
12.6.3 LED
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Diagnostic
12.10.2 Radiology
12.10.3 Surgical
12.10.4 Endoscopy
12.10.5 Mammography
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 LCD
13.6.2 Monochrome
13.6.3 LED
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Diagnostic
13.10.2 Radiology
13.10.3 Surgical
13.10.4 Endoscopy
13.10.5 Mammography
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Personalized Medical Monitors Market: Competitive Dashboard
14.2 Global Personalized Medical Monitors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ampronix
14.3.2 Advantech
14.3.3 FSN Medical Technologies
14.3.4 Vimex Endoscopy
14.3.5 Biovision
14.3.6 Barco
14.3.7 Eizo Inc.
14.3.8 NEC
14.3.9 Double Black Imaging
14.3.10 Richard Electronics, Ltd
14.3.11 Ampronix