Global Cardiovascular Ultrasound System Market Trends, Analysis, Growth, and Forecast: 2018 to 2027
MarketResearch.biz delivers in-depth insights on the global cardiovascular ultrasound system market in its upcoming report titled, “Global Cardiovascular Ultrasound System Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global cardiovascular ultrasound system market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global cardiovascular ultrasound system market report has been segmented on the basis of product, technology, device display, end user, and region.
Cardiovascular ultrasound is a painless test that uses sound waves to create moving pictures of heart. Cardiac ultrasound is also called as echocardiography. It is helpful in spotting the blood clots in the heart. In addition, cardiovascular ultrasound system determines the health of the heart muscle. There are several types of cardiovascular ultrasound available in the market namely, transthoracic echocardiogram, transesophageal echocardiogram, and stress echocardiogram.
Increasing prevalence cardiovascular diseases globally is a major factor expected to boost the growth of global cardiovascular ultrasound system market over the forecast period. Continuous focus by manufacturers operating in the market to develop innovative and novel cardiovascular ultrasound system is expected to drive the growth of the market over the forecast period. Increasing preference for noninvasive diagnostic procedures is another factor expected to augment the growth of the global cardiovascular ultrasound system over the forecast period. Cardiovascular ultrasound is used to evaluate a heart murmur, diagnose valve conditions and can also access and monitor birth defects thus several benefits offered by cardiovascular ultrasound system is expected to support the growth of the market.
However, unfavorable reimbursement scenario is major factor expected to restraint the growth of the global cardiovascular ultrasound system market over the forecast period.
Europe market dominates the global cardiovascular ultrasound system market in terms of revenue contribution as compared to that of markets in other regions. This is attributed to presence of well-developed healthcare infrastructure in the region. North America accounts for second-largest revenue share contribution to the global cardiovascular ultrasound system market, followed by markets in the Asia Pacific, Latin America, and the Middle East & Africa respectively. The market in the Asia Pacific is projected to register comparatively faster growth in terms of revenue over the next 10 years, owing to the developing healthcare infrastructure, increasing number of cases for cardiovascular diseases in the region.
Global cardiovascular ultrasound system market segmentation, by product:
- Transthoracic Echocardiogram
- Transesophageal Echocardiogram
- Stress Echocardiogram
- Others ((Fetal and Intracardiac Echocardiograms)
Global cardiovascular ultrasound system market segmentation, by technology:
- 3D and 4D
- Doppler Imaging
Global cardiovascular ultrasound system market segmentation, by device display:
- Color Display
- Black & White (B/W) Display
Global cardiovascular ultrasound system market segmentation, by end user:
- Hospitals/Cardiology Centers
- Ambulatory/Home Care
- Others (Research Institutes and Pharmaceutical Companies)
Global cardiovascular ultrasound system market segmentation, by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- General Electric Company
- Philips Healthcare
- Siemens Healthcare
- Hitachi Medical Corporation
- Toshiba Medical Systems Corporation
- Mindray Medical International Limited
- Samsung Electronics Co., Ltd.
- Fujifilm Holdings Corporation
- Esaote S.P.A.
- Chison Medical Imaging Co., Ltd.
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