The Global Cardiovascular Ultrasound System Market is forecast to reach USD 2,366.8 Million by 2028, according to a new report by Reports and Data. Cardiovascular ultrasound system or the echocardiogram is a noninvasive ultrasound method of examining the circulation in the blood vessels of the body. In a cardiovascular ultrasound system, the sound waves are transmitted through the tissues of the cardiovascular area. The global cardiovascular ultrasound system market is growing at a substantial pace as the number of cardiovascular diseases and the use of ultrasound system are drastically being propelled. An increased awareness about healthcare & wellness, changing disease patterns, government supports, and escalating volumes of implementation of the cardiovascular ultrasound system in various healthcare centers is expected to accelerate the growth of this market.
The North American market is forecasted to grow with a CAGR of 7.2% during the forecast period, owing to its adoption of advanced equipment & machineries for cardiac diseases, coupled with the increasing geriatric cardiovascular diseases and extensive demand for cardiovascular ultrasound systems in the cardiac departments in all the hospitals and ambulatory surgery centers. Asia Pacific, with its elevated advancements in the healthcare industry and escalating volumes of patients with surgical needs in China, and India, and is likely to achieve a significant market share. China and India are some of the fastest-growing markets, while the United States, Japan, and Germany hold some of the most prominent players in the market.
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Further key findings from the report suggest
- Online retailing supply of the surgical instruments and devices has been trendy in emerging nations like China and India mainly. Online retailers can offer reduced prices compared to the medical stores and offline vendors due to the non-involvement of the distributor chains in the business process. This sub-segment is expected to grow at a CAGR of 11.1% during the forecast period.
- Doppler ultrasound imaging system helps estimate the speed of blood flow and conditions involving heart valves, blood clots, and arteries having identified the blocked and bulging arteries. Doppler ultrasound is supposedly a suitable replacement of arteriography and venography. Doppler sub-segment is growing at the fastest CAGR of 6.3% throughout the forecast period.
- The stress echocardiogram is performed while the patient exercises on a stationary bicycle or a treadmill. This test helps visualize the motion of the cardiac walls and pumping action in a stressed situation when the heart rate goes faster. The stress echocardiogram is calculated to be propelled with a growth rate of 3.3% during the forecast period.
- Ambulatory surgery centers are modern kind of healthcare facility centers, which are focused on providing immediate surgical care and releasing the patients right after the surgery. The ambulatory surgery centers have a more convenient outpatient procedure alternative to the hospitals based inpatient systems, maintaining a strong track record of quality care. Ambulatory surgery centers, incorporating all the required and modern cardiovascular ultrasound systems, are expected to grow fastest at a rate of 8.2% throughout the forecast period.
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Key Players covered in this report are:
GE Healthcare, Siemens Healthineers AG, Canon Medical Systems, Koninklijke Philips N.V., Hitachi Medical Corporation, Mindray Medical International Limited, Samsung Medison, Fujifilm Corporation, Chison Medical Imaging Co. Ltd., and Kalamed Medical Systems, among others.
Type Outlook (Revenue, USD Billion; 2020-2028)
- Transthoracic Echocardiogram
- Transesophageal Echocardiogram
- Stress Echocardiogram
- Dobutamine Stress Echocardiogram
- Intravascular Ultrasound
- Others
Sales Channel Outlook (Revenue, USD Billion; 2020-2028)
- Online Retailing
- Medical Stores & Brand Outlet
Type of Imaging Outlook (Revenue, USD Billion; 2020-2028)
- Color
- Monochrome
Technology Outlook (Revenue, USD Billion; 2020-2028)
- 2D
- 3D
- 4D
- Doppler
End-Users Outlook (Revenue, USD Billion; 2020-2028)
- Hospitals
- Clinics & Diagnostic Centers
- Ambulatory Surgical Center
- Others
Based on Region market is segmented into:
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Major Points covered in this report are as below:
- The Cardiovascular Ultrasound System industry development trends and marketing channels are analyzed. The feasibility of new investment projects are assessed and overall research conclusions offered.
- Cardiovascular Ultrasound System industry development trends, marketing channels, feasibility of new investment projects, and overall conclusions of research are presented.
With the tables and figures, the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
As a valuable source of guidance and direction for companies and individuals interested in the market, the report provides key statistics on the state of the industry through tables and figures. - Development policies and plans, manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand figures, cost, price, revenue and gross margins.
- This report also analyzes production processes, production costs and import/export figures, as well as cost, price, revenue and gross margins, as well as development policies
- The Cardiovascular Ultrasound System Market report provides key statistics on the market status of the Cardiovascular Ultrasound System manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
As well as providing key statistics on the market status of the Cardiovascular Ultrasound System manufacturers, the Cardiovascular Ultrasound System Market report provides valuable guidance and direction for companies and individuals interested in the industry.
We can also provide the customized data for separate regions like North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
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This study aims to define market sizes and forecast the values for different segments and countries in the coming eight years. The study aims to include qualitative and quantitative perspectives about the industry within the regions and countries covered in the report. The report also outlines the significant factors, such as driving factors and challenges, that will determine the market’s future growth.
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