The key players in the ECHO Cardiography Market are Philips Healthcare and Echo Services.
The rising number of heart diseases around the world is the primary factor accelerating the demand for the global echocardiography market. Often known as cardio echo, or echo, the echocardiography is widely used in the diagnosis of the patients with heart disorders. It uses two-dimensional, three-dimensional and Doppler ultrasound techniques to develop the images of the heart to identify the internal problems. These images offer information like the size of the heart, pumping capacity, and the location and level of tissue damage.
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Factors Driving the Growth of Global ECHO Cardiography market:
The non-invasive feature of the echocardiography has made it the most prominent among the diagnostic methods for the heart. Apart from heart functionalities, echo also helps in understanding the normal and blood flow through the heart. The advances in the technology have led to the development of 3D/4D echocardiography that provides precise and good quality images of the heart compared to the traditional 2D model. The key players in the market are investing in the implementation of advanced echo machines to provide more better diagnostic images if the heart.
The increasing cases of cardiovascular diseases and the deaths caused by the heart diseases are among the foremost factors driving the growth of global echocardiography market. Additionally, the increasing demand for portable echo devices, advances in the technology like the development of 5D imaging techniques, a growing number of healthcare facilities, rising health care spending, unhealthy lifestyle of the people leading to diabetes and obesity, demand for point-of-care diagnostics, mounting number of elderly population and the support from government authorities are also supplementing the market growth.
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Based on the regional analysis, North America dominates the global echocardiography market and is expected to continue its domination in the future attributing to the increasing number of cases with cardiovascular diseases, sophisticated healthcare infrastructure, growing disposable income of the people and the favourable government reimbursement policies. Nonetheless, the Asia Pacific region is also expected to register high CAGR during the forecast period due to the growing population with heart diseases and investments in the healthcare industry of the economies like India, China and Australia.
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Some of the leading companies in the Global ECHO Cardiography market:
The key players in the market are Philips Healthcare, Spintech Oceania, MediMatic, Agfa HealthCare, Echo Digital Audio, InHealth Echotech Limited, Cardio Analytics, McKesson, Terason, and Echo Services.
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