Press release
Cardiovascular Ultrasound Market - Business Opportunities By Top Players Like General Electric Company, Koninklijke Philips N.V., TOSHIBA CORPORATION, Hitachi Ltd., SAMSUNG, FUJIFILM Holdings Corporation, Esaote SpA
Cardiovascular Ultrasound Market
The major factors that drive the growth of the cardiovascular ultrasound market are technological advancements, advantages of echocardiography over invasive cardiac diagnostic procedures, and increase in incidence of cardiovascular diseases (CVDs). In addition, this technology is widely accepted among patients as it is noninvasive, hence shortens the stay at hospitals, which fuels the market growth.
However, factors such as economic influence of approving new technologies and insufficient reimbursement scenario impede the growth of the market. Technological advancements leading in cardiac specific technologies such as tissue enhancements, lateral gain control, advanced dynamic flow, tissue Doppler, and stress echo provide lucrative opportunities for the manufacturers.
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The key players operating in the market include
• General Electric Company
• Koninklijke Philips N.V.
• TOSHIBA CORPORATION
• Hitachi Ltd.
• SAMSUNG
• FUJIFILM Holdings Corporation
• Esaote SpA
• Shenzhen Mindray
• Bio-Medical Electronics Co., Ltd.
• Siemens AG
• Analogic Corporation.
Cardiovascular ultrasound is a noninvasive medical procedure used to diagnose functioning of heart with the help of high-frequency reflected sound. In the procedure, a transducer (such as a microphone) is used to direct out ultrasonic sound waves at a high inaudible frequency. When the transducer is positioned on the chest at specific locations and angles, the ultrasonic sound waves penetrate through the skin and other body tissues to the heart tissues, and get reflected by the heart structures. These sound waves are then subsequently directed to a computer, creating moving images of the heart walls and valves.
Cardiovascular Ultrasound Market Key Segments:
By Test Type
• Transthoracic Echocardiogram
• Transesophageal Echocardiogram
• Stress Echocardiogram
• Other Echocardiograms (Fetal and Intracardiac Echocardiograms)
By Technology
• 2D
• 3D & 4D
• Doppler Imaging
By Device Display
• Color Display
• Black & White (B/W) Display
By End User
• Hospitals
• Cardiology Centers
• Ambulatory
• Home Care
• Ambulatory Centers
• Others (Research Institutes, Medical Device, and Pharmaceutical Companies)
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Key Benefits
• The study provides an in-depth analysis of the cardiovascular ultrasound market with current trends and future estimations to elucidate the imminent investment pockets.
• It presents a quantitative analysis from 2017 to 2023 to enable the stakeholders to capitalize on prevailing market opportunities.
• Key players are profiled and their strategies are analyzed thoroughly, which predict the competitive outlook of the market.
• Extensive analysis of the market by devices type assists to understand the availability of various forms of devices used in cardiovascular ultrasound market.
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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
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