The Cardiovascular Ultrasound Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Cardiovascular Ultrasound Global Market Report 2024, The cardiovascular ultrasound market size has grown strongly in recent years. It will grow from $2.3 billion in 2023 to $2.46 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to rise in cardiovascular diseases, aging population, patient-friendly imaging, non-invasiveness and safety, increased awareness and education, reimbursement policies..
The cardiovascular ultrasound market size is expected to see strong growth in the next few years. It will grow to $3.18 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to focus on preventive healthcare, global aging population, value-based healthcare initiatives.. Major trends in the forecast period include advancements in imaging technology, artificial intelligence (ai) integration, point-of-care ultrasound (pocus) expansion, 3d/4d transesophageal echocardiography, telemedicine and remote monitoring, data management and connectivity..
An increasing number of diagnostic imaging centers is expected to boost the growth of the cardiovascular ultrasound market going forward. Diagnostic imaging centers are specialized healthcare facilities with advanced medical imaging technology to diagnose and monitor various medical conditions, such as cardiovascular diseases. Cardiovascular ultrasound, or echocardiography, is an essential diagnostic imaging modality used in diagnostic imaging centers to create real-time images of the heart and its blood vessels, allowing healthcare professionals to assess cardiac function and identify various cardiovascular conditions and abnormalities. For instance, in April 2022, according to the Department of Health and Social Care, a UK-based government department, 73 community diagnostic centers were in operation, conducting an additional 30,000 tests per week. These centers are projected to increase to 160 by 2025, reflecting a growth of 119.18%. Therefore, an increasing number of diagnostic imaging centers will drive the growth of the cardiovascular ultrasound market.
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The cardiovascular ultrasound market covered in this report is segmented –
1) By Type: Transthoracic Echocardiography, Transesophageal Echocardiography, Fetal Echocardiography, Other Types
2) By Technology: 2D, 3D Or 4D, Doppler
3) By Display: Black Or White (B/W), Color
4) By End-Use: Hospital, Diagnostic Centers, Ambulatory Care Centers, Other End-Uses
Major companies operating in the cardiovascular ultrasound market are focusing on developing new handheld ultrasound imaging systems, such as Vscan Air SL, to provide reliable services to customers. The Vscan Air SL handheld ultrasound imaging system is a portable device that uses ultrasound waves to create images of the body's internal structures when connected to a tablet or smartphone. For instance, in August 2023, GE HealthCare Technologies Inc., a US-based provider of medical technology, pharmaceutical diagnostics, and digital solutions, launched Vscan Air SL. This portable, wireless ultrasound imaging system can be used for rapid cardiac and vascular assessments to speed up diagnosis and treatment choices. The integration of SignalMax and XDclear, imaging performance technologies, is a unique feature of this system that allows for high penetration, resolution, and sensitivity levels using single crystal transducer technology. The new SL version contains a sector-phased array transducer for quick cardiac tests. Clinicians can bring Vscan Air to every patient due to the Vscan Air app, which is accessible on Android and iOS smartphones.
The cardiovascular ultrasound market report table of contents includes:
1. Executive Summary
2.Cardiovascular Ultrasound Market Characteristics
3. Cardiovascular Ultrasound Market Trends And Strategies
4. Cardiovascular Ultrasound Market analysis
5.Cardiovascular Ultrasound Market Size And Growth
6. Cardiovascular UltrasoundSegmentation
7.Cardiovascular Ultrasound Regional And Country Analysis
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27.Cardiovascular Ultrasound Competitive Landscape And Company Profiles
28.Cardiovascular Ultrasound Key Mergers And Acquisitions
29.Cardiovascular Ultrasound Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- GE HealthCare Technologies Inc.
- Koninklijke Philips N.V.
- Siemens Healthineers AG
- Hitachi Medical Corp.
- Samsung Medison Co. Ltd.
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According to the new market research report, "Cardiovascular Ultrasound System Market by Test Type (Transesophageal, Stress, Transthoracic, Fetal), Technology (2D, 3D & 4D, Doppler Imaging), Device Display (Black & White, Color), End User (Hospitals, Home Care, Ambulatory) - Forecast to 2021", provides a detailed overview of the major drivers, restraints, challenges, opportunities, current market trends, and strategies impacting the cardiovascular ultrasound market along with the estimates and forecasts of the revenue.Browse and in-depth TOC on "Cardiovascular Ultrasound System Market"93 – Tables43 – Figures164 – PagesDownload PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=50389652Growth Boosting Factors:The cardiovascular ultrasound system market is projected to reach USD 1.66 Billion by 2021 from USD 1.27 Billion in 2016, growing at a CAGR of 5.4% during the forecast period (2016–2021).Increasing incidence of cardiovascular diseases, technological advancements, and advantages of echocardiography over invasive cardiac diagnostic procedures are the major drivers for the cardiovascular ultrasound system market.
However, insufficient reimbursement scenario and economic impact of adopting new technologies are restraining the growth of the market.The cardiovascular ultrasound system market is broadly segmented into test type, technology, device display, end user, and region.
Based on test type, the market is categorized into transthoracic echocardiogram, stress echocardiogram, transesophageal echocardiogram, and fetal & intracardiac echocardiogram.
This is due to the major advantage of the stress echocardiogram that it can provide data of the cardiac muscles and valves before and after the stress of the heart muscle.Request Sample Pages@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=50389652On the basis of technology, the cardiovascular ultrasound system market is segmented into 2D, 3D & 4D, and Doppler imaging.
The home care & ambulatory segment is estimated to register the highest CAGR during the forecast period due to increase in the usage of echocardiographs at the patient’s house itself.Key players in the cardiovascular ultrasound system market include GE Healthcare (U.S.), Philips healthcare (The Netherlands), Siemens Healthcare (Germany), Hitachi Medical Corporation (Japan), and Toshiba Medical Systems Corporation (Japan).Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=50389652About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.
Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients.
The report covers detailed Cardiovascular Ultrasound Market analysis by Product, Application, Region, Major Player, Market Size, Share, Trends, Growth and Forecast 2018-2025.
The Global Cardiovascular Ultrasound Market is projected to grow at a healthy growth rate from 2018 to 2025 according to new research.
The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies.
It also presents insights into various restraints that pose threat and highlights opportunities that will help the market pick pace in the forthcoming years.
The report compiles exhaustive information obtained via proven research methodologies and from trusted sources from within the industries.
It also includes expert opinions to provide readers a clearer perspective regarding the global market.
