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United States Medical Imaging Monitor Market Set to Grow at a CAGR of 8.4% | BlueWeave Consulting



New Delhi, Sept. 20, 2022 (GLOBE NEWSWIRE) — United States medical or diagnostic imaging monitor market is flourishing owing to increasing incidences of chronic illnesses, growing number of elderly people, and technology advancements helping in the development of various diagnostic imaging tools and monitors to be used in various medical processes…

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, forecasts United States Medical Imaging Monitor Market to expand at a significant CAGR of 8.4% between 2022 and 2028. Prominent factors including the rapidly aging population in the United States; increasing incidences of chronic illnesses, such as cancer and cardiovascular events; and technology advancements to develop various diagnostic imaging tools and monitors to be used in a variety of medical processes are expected to aid the robust growth of medical imaging monitor market in the United States during the forecast period (2022–2028).

United States Medical Imaging Monitor Market – Overview

Medical imaging also known as diagnostic imaging refers to the technique of generating visual representations of the internal body to diagnose a patient. Lower amounts of electromagnetic radiation help to produce highly detailed images of the inside body. The detailed images created by these processes are used to further treatment of the patient and help to analyze physician about the anatomic structure and functional working of the internal organs. Medical imaging is used in the field of medicine to recognize a range of medical problems, such as damaged bones, heart conditions, blood clots, and intestinal conditions. Additionally, diagnostic radiology can also monitor diseases such as colon cancer and breast cancer.

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United States Medical Imaging Monitor Market – Industry Trends and Forecast

Growth Factors

Technology Improvements in Imaging Systems

Innovative technologies and increasing investments in R&D activities are boosting the growth of the United States Medical Imaging Monitor Market. The most recent technologies in the medical imaging field include 3-D viewing, medical cooperation, easy Picture Archiving and Communication System (PACS) connectivity, Big Data, and the IoT, which enable easy access to radiology reports and referral studies. For instance, using an automated IoT-enabled sensor, the smart lighting system for radiology can change the brightness of the reading room light according to World Health Organization (WHO) norms, tailoring settings for specific modalities and priorities of each healthcare provider. Diagnostic accuracy is also improving with 3-D mammography and 3-D Ultrasonic Holography, which is projected to boost market growth.

Adoption of 4K and AI-Integrated Medical Imaging Technologies

The adoption of Artificial Intelligence (AI) technologies and 4K is rapidly increasing in the United States healthcare industry and the AI has penetrated the medical imaging technologies as well. The high adoption of AI-integrated technologies especially in the developed countries, such as United States, is one of the major factors for the growth of the medical imaging monitor market in the country. The AI-integrated technologies offer early and high efficiency in the diagnosis of various conditions which helps in providing the treatment in the early stages. As a result, AI and 4K are increasingly being adopted for display units or monitors of medical imaging systems.

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United States Medical Imaging Monitor Market Forecast and Trends

United States Medical Imaging Monitor Market is forecast to grow at a significant rate in the coming years. Rising incidences of chronic illnesses, such as cancer and cardiovascular diseases, growing geriatric population, and improvements in technologies to develop numerous diagnostic imaging tools and monitors to be used in various medical processes are significant factors that are projected to boost the market growth over the forecast period (2022–2028).


High Cost of Medical Imaging Systems

Medical or diagnostic imaging monitors and systems are highly expensive. Innovative technologies that add additional costs are anticipated to hinder the growth of United States Medical Imaging Monitor Market.

United States Medical Imaging Monitor Market – By Application

Based on application, United States Medical Imaging Monitor Market is segmented into Radiography, Mammography, Digital Pathology, Multi-Modality, Surgical, and Others. Among the applications, the radiography segment is expected to maintain its leadership position in United States Medical Imaging Monitor Market during the projected period between 2022 and 2028.

Impact of COVID-19 on United States Medical Imaging Monitor Market

United States Medical Imaging Monitor Market witnessed a sudden slump during the COVID-19 pandemic and resultant lockdowns across the country. The demand for imaging equipment dropped significantly as the hospital visits for diagnosing and checking chronic diseases declined due to lockdown restrictions. Furthermore, hospitals’ resources and healthcare experts were completely focusing to the care of COVID-19-infected patients. However, in the post COVID-19 pandemic era, the medical imaging industry is expected to grow as regular medical examinations and disease diagnosis have resumed. The prevalence of numerous medical disorders is considered to have increased during the pandemic and lockdown as a result of the sedentary lifestyle. As a result, people are resuming availing medical diagnostic services and solutions. This, in turn, is expected to fuel the growth of United States Medical Imaging Monitor Market during the forecast period.

Don’t miss the business opportunity in the United States Medical Imaging Monitor Market. Consult our analysts to gain crucial insights and facilitate your business growth.

Competitive Landscape

United States Medical Imaging Monitor Market has players ranging from large multinational corporations and startups. The market witnesses high competition. Key players in the market include HP Development Company LP, Quest International, Stryker Corporation, Double Black Imaging, STERIS plc, UTI Technology, NDS Surgical Imaging LLC – A Novanta Company, Canvys, Advantech Co Ltd, Barco, and Eizo Corporation. These companies execute various strategic measures, such as mergers and acquisitions, partnerships, and new product launches, to broaden their customer base, expand their reach across the United States, and maintain their competitive edge over their rivals in the country’s medical imaging monitor market.

Recent Developments

  • In February 2021, Double Black Imaging (DBI) launched its Gemini 12MP, designed to enhance multi-modality workflow for Breast Imaging and PACS. DBI’s Gemini 12MP features a high-speed graphic controller to optimize Tomo image processing, along with DBI’s comprehensive calibration software suite. In June 2022, Canvys introduced its new 18.5-inch Full HD True flat display in 16:9 with PCAP multi touch (10-point). It contains fully closed housing (without vents) ideal for use in medical or industrial environments.

Scope of the Report

Attributes Details
Years Considered Historical Data – 2018–2021
Base Year – 2021
Forecast – 2022–2028
Facts Covered Revenue in USD Million
Product/Service Segmentation By Type, By Resolution, By Technology, By Application
Key Players HP Development Company LP, Quest International, Stryker Corporation, Double Black Imaging, STERIS plc, UTI Technology, NDS Surgical Imaging A Novanta Company, Canvys, Advantech Co Ltd, Barco, Eizo Corporation, and other prominent players.

By Type

  • Grey Scale
  • Color Scale

By Resolution

  • <2MP
  • 4.1-8MP
  • >8MP

By Technology

  • LED
  • OLED
  • Others

By Application

  • Radiography
  • Mammography
  • Digital pathology
  • Multi-modality
  • Surgical
  • Others

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oToBrite Unveils Automotive-Grade 5MP/8MP Camera Modules to Meet Soaring Demand for High-Level ADAS/Autonomous Driving




HSINCHU, Sept. 28, 2023 /PRNewswire/ — oToBrite, a prominent provider of Vision-AI ADAS/AD solutions, has unveiled its latest offering in response to the surging demand for high-level Advanced Driver Assistance Systems (ADAS) and Autonomous Driving (AD) applications. With the need for enhanced perception technology, particularly for heavy commercial vehicles, as the heavier the vehicle is, the longer it will take to stop, oToBrite has successfully introduced automotive-grade 5MP/8MP camera modules. These cutting-edge modules can improve the visibility and perception capabilities of ADAS/AD systems, and have been adopted among clients in North America.

oToBrite has been a leading tier-1 player for vision-AI ADAS/AD solution in the automotive industry, leveraging its full-stack capabilities spanning camera module production technology, edge-computing system design, and vision-AI model development. The company offers flexible business model and comprehensive vision-AI technology stack, enabling it to provide system solutions, camera modules, or AI IP licensing to cater to diverse customer requirements. Its automotive-grade camera modules have already garnered the trust of prominent clients and entered the supply chain of car OEMs such as Luxgen, SONY, Toyota, XPENG, etc. with over 1 million automotive-grade camera modules deployed. To learn more about oToBrite’s offerings, please visit
The newly launched 5MP/8MP camera modules from oToBrite feature high-sensitivity CMOS sensors. oToBrite’s 5MP camera module series is equipped with Sony IMX490 Sensor and has multiple viewing angles, including 30°, 60°, 90°, and 120°. The 8MP camera module series employs Sony IMX728 sensors and also offers various viewing angles. Both 5MP and 8MP series are equipped with GMSL2 interfaces and tested with waterproof and dustproof standards of IP67/69K. They can operate within a temperature range of -40°C to +85°C, ensuring the utmost reliability and stability for customers.
oToBrite holds a distinct advantage in camera production technology, with 1K class clean room factory certified with IATF16949 and endorsed by several leading car OEMs. Additionally, the in-house developed 5/6-axis active alignment machine for high-end camera modules exhibits the capability to manufacture over 60 SKU variants of camera modules.
About oToBrite
oToBrite is a leading vison-AI ADAS/AD solutions provider. Based in Hsinchu Science Park, oToBrite has IATF 16949 certified clean room factory and several years of experience as an automotive Tier-1 supplier. Through comprehensive research and development capabilities, oToBrite provides vision-AI algorithm, ECU/domain controller and automotive-grade/special purpose camera products.
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CFOs are the change agents driving shift to servitized business model to harness growth, cost efficiency and technology opportunities




Time for action is now: Customer expectations for servitization already exist (61%) and projected to increase (70%) in the next three years, in terms of value, service and reliability.
LONDON, Sept. 28, 2023 /PRNewswire/ — IFS, the global cloud enterprise software company, has shared the latest findings of its recent global research polling 2,000 senior decision-makers – VP and above – in France, Germany, Japan, Nordics, UK, USA and the UAE –across Manufacturing, Services, Telecoms, Energy & Resources, Construction & Engineering, and A&D industries. In its last overview, the company highlighted the overarching dependence on AI to create and accelerate business value from servitization.  

The survey points to specific executives as drivers or enablers to successfully make the shift and align the organization behind it. The survey highlights the CFO (21%) behind the CEO (35%) as the guardian of business resilience, financial health and as the purse string holder for technology investments. CFOs recognize that the move to servitization is essential in providing predictability in revenues, expenditure and third-party costs, and are aligning themselves to becoming stewards of identifying cross-business strategies that will build competitive advantage. 
At the heart of the business case for servitization, the CFO is focused on three elements: Faster and more cost-efficient time to market, visibility and predictability into revenues and CAPEX, accelerating organization alignment across people, processes and technology, to support not only the processes but also to provide the insights required to assess and optimize as they go within their business and intra-company.  
CFOs exhibit the greatest urgency in implementing a servitized model out of all C-level respondents (CIOs, CHROs and CTOs), with (32%) prioritizing adoption within the next 18 months. This implies change is not only necessary but will deliver business benefits, with progress and success measured by a fully servitized P&L. CFOs are also most likely (26%) to say their role is the one driving the shift within the organization, as they understand how technology capabilities will reach deep into their organization and enable it to become more technology-driven with regards to the design and delivery of products and services: Product R&D (34%) and service R&D (32%) are two areas CFOs prioritized when looking at servitized business processes.  
The priority outcome CFOs want to achieve from servitization is enhancing insight-driven decision-making capabilities (32%) – pointing to why AI is their #1 essential technology choice (49%) as it will fuel faster, more accurate and more data-led inputs into the strategic choices that impact the bottom line.   
Technology as a revenue growth enhancer makes wise fiscal sense. For example, EAM is a must-have for servitization success (34%)– assets that are predictively maintained will last longer, have less downtime and result in less expenditure. FSM (40%) maximizes profitable revenue streams and enables significant cost savings across the service lifecycle through optimized workforce scheduling and planning. Similarly, the wealth of connected asset data that can be harnessed through the application of automation, ML, IoT, end-to-end connectivity – all CFO “must-implements” – explain why CFOs have emerged as such strong proponents of technology and servitization.   
The CFO’s confidence about the organizational readiness is high at (42%) indicating they have the processes mapped out and are progressing well in their move to servitization, but still have either organizational impacts on people and processes (23%) or technology needs to overcome, making the CHRO the second most significant executive to drive and enable the transformation. 
CHROs are more cautious about servitization readiness within the organization, being acutely aware that shifting from a product-focused to a service-focused mindset within their organizations is a barrier to implementing servitization (42%). However, CHROs are in alignment with the CFO on customer expectations for servitization, which are high now, and are set to increase. They also agree that technology is essential to success, with AI their top pick (50%).  
Alex Rumble, SVP of Corporate Communications, Product Marketing, AR, & CI at IFS, commented: “The CFO’s remit has evolved hugely in the last decade away from financial reporting to understanding and influencing business-wide strategies and aiding transformation.” Rumble added, “Our research illustrates this very well and that CFOs not only understand the positive impact of aligning a business behind the customer’s expectations, but also the much broader business value of doing so.” She concluded: “Today CFOs are visionary advocates of change and digital transformation and will help build predictability in revenue and costs, ultimately the holy grail for CFOs but still technology dependent.” 
Together, CFOs and CHROs can partner to be a powerful force to not only accelerate servitization, but also ensure that the whole organization is primed for success. CHROs must act as a secondary catalyst to mobilize cultural change, acting as a bridge between the business and ensuring the communication and implementation of the overall strategy is not siloed to the C-level. 
About IFS 
IFS develops and delivers cloud enterprise software for companies around the world who manufacture and distribute goods, build, and maintain assets, and manage service-focused operations. Within our single platform, our industry specific products are innately connected to a single data model and use embedded digital innovation so that our customers can be their best when it really matters to their customers – at the Moment of Service™. The industry expertise of our people and of our growing ecosystem, together with a commitment to deliver value at every single step, has made IFS a recognized leader and the most recommended supplier in our sector. Our team of over 5,500 employees every day live our values of agility, trustworthiness, and collaboration in how we support our thousands of customers. Learn more about how our enterprise software solutions can help your business today at 
CONTACT: IFS Press Contacts: EUROPE / MEA / APJ: Adam Gillbe IFS, Director of Corporate & Executive Communications Email: [email protected] Phone: +44 7775 114 856
NORTH AMERICA / LATAM: Mairi Morgan IFS, Director of Corporate & Executive Communications Email: [email protected] Phone: +1 520 396 2155
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CFOs are the change agents driving shift to servitized business model to harness growth, cost efficiency and technology opportunities

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Breaking language barriers: thebigword’s AI workflows enhance translation delivery on time to 99% while significantly reducing turnaround times




LEEDS, England, Sept. 27, 2023 /PRNewswire/ — thebigword, a leading provider of language solutions, is proud to announce an improvement in its on-time delivery performance and significant reduction of turnaround times. This has been made possible through a strategic fusion of human expertise and state-of-the-art AI and Machine Translation technologies.

This exciting achievement reaffirms the company’s commitment to delivering accurate and timely translations to clients worldwide, setting new industry standards.
With the ever-growing demand for rapid and high-quality translations, thebigword has taken numerous steps, including the ability to create and implement self-driving AI workflows, to ensure their clients are receiving the highest quality of translation and customer service.
Through the enhanced integration of AI and Machine Translation solutions into its translation workflows, thebigword has achieved remarkable outcomes, such as the significant reduction in turnaround times and this notable increase in on-time deliveries. With 99% of translation projects across various languages and industries delivered on time to clients, with shorter turnaround times.
thebigword’s collaborative approach leverages the strengths of their human translators with the power of AI technologies to allow for faster translation turnaround times, while maintaining the highest levels of accuracy. Their technology platform also enables quick resource allocation, ensuring that translation projects are assigned, executed and delivered quickly to reduce delivery times.
Joshua Gould, Chief Executive Officer of thebigword Group said: “thebigword is delivering a very human service with the utilisation of next-generation AI. These innovations represent an ongoing effort to enhance the overall client experience through our ability to deliver accurate, high-speed translations at an affordable price for any budget.”
Mark Daley, Global Managing Director of thebigword Translation said: “thebigword understands how crucial timely delivery of accurate translations are for the global success of our clients, and some of the latest technological integrations we have enabled have allowed us to achieve an impressive 99% as well as faster turnaround times.”
As thebigword celebrates this achievement, it looks forward to building on its success with other translation milestones and continuing to provide high-quality translation services – further enabling its mission of eradicating the final barrier of global communication.
About thebigword:
As one of the largest language service providers globally, thebigword utilises the greatest minds and boundary-shattering technology to deliver phenomenal quality at scale to both our clients and linguist network.
thebigword provides the best translation, interpretation, localisation and language technology solutions for businesses, the public sector and individuals – handling up to 50,000 worldwide assignments every day.
For more information about thebigword’s innovative AI and Machine Translation solutions, please visit
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For media enquiries, please contact:Lauren HockneyGlobal Head of [email protected]

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