Fitness Trends Global Monochrome Medical Monitor Market | Page 3

North America is the Largest Market for Monochrome Medical Monitors
North America is the largest market for monochrome medical monitors. This is due to high
adoption of advanced technology in the region. Countries such as the U.S. are increasing their
healthcare expenditure, which is expected to further improve the infrastructure in hospitals and
other medical facilities. Moreover, favorable reimbursement policies such as Medicare and
Medicaid Services has led to greater penetration of monochrome medical monitors in North
American region. Asia Pacific region is expected to gain lucrative growth over the forecasted
period, due to rising awareness among the populace and increasing healthcare spending. Various
healthcare initiatives by governments, especially in emerging economies, to educate and train
the healthcare professionals to provide improved healthcare services is in turn fueling adoption
of these monitors. Hence, immense opportunity lies in this region for the key players to cater
to unmet needs of the target population. Europe is also witnessing major development activities
related to medical monitors in order to cater to vast target population demanding for such
devices.
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Barco and Eizo Corporation are some of the Key Players in the Monochrome Medical Monitor
Market
Some of the key players are Ampronix Inc., Barco N.V., Eizo Corporation, KOSTEC CO., LTD.,
JVCKENWOOD Corporation, Richardson Electronics, Ltd., and NEC Display Solutions among
others. Development of innovative products is fueling monochrome medical monitor market
growth. For instance, in September 2010, Eizo Corporation launched 29.8-inch RadiForce RX430
at RSNA 2010, which is capable of displaying monochrome as well as color images
simultaneously.
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