Stethoscope Market: Region Wise Analysis Of Top Players In Market By Its Types And Application To 2026 And Key Competitors Are 3M Company, Cardionics Inc, Heine Optotechnik GmbH & Co. KG, American Diagnostics Corp, Medline Industries Inc

Stethoscope is an acoustic medical device used for auscultation based physical examination of an animal or humans. The resonator placed beneath the small disc at one end amplifies sound of lungs, heart, esophagus or fetal heart rate. Stethoscope is a fundamental component of physical examination for a healthcare profession. Major drivers for growth of the stethoscope market are increasing incidence of cardiovascular disease, rising number of healthcare professionals, and improving healthcare facilities. Moreover, market players are introducing more user friendly technologically advanced products with Bluetooth connectivity or wireless digital stethoscope, which is expected to boost growth of the stethoscope market.

Download PDF Brochure of This Business Research Report : https://www.coherentmarketinsights.com/insight/request-pdf/1613

Stethoscope Market Drivers

Increasing product launches by key players with advanced technologies is expected to aid in growth of the global stethoscope market during the forecast period. For instance, in March 2018, a research team developed an open-source, clinically validated template for a 3D printed stethoscope for application in the areas that have limited access to medical supplies. Moreover, in April 2018, Steth IO launched digital stethoscope named Steth IO. The product is built directly into the protective case of the physician’s iphone. It runs on an app that allows visualization of heart or lung sounds directly on the phone’s screen, when held against patient’s chest. Furthermore, it enables physician to store the records in the app, which can be shared in case of a second opinion. Steth IO received FDA approval in 2016. In 2015, Eko received US FDA clearance to launch Eko Core, a next generation digital stethoscope.

High incidence of heart diseases is expected to be another factor for growth of the market. Stethoscope is an important component that aids clinicians in diagnosis of cardiovascular disease, which affects 1 in 4 people in US, according to Center for Disease Control and Prevention (CDC). According to American Heart Association, 2018, cardiovascular disease is the leading cause of death, globally. Furthermore, according to same source, it is estimated that everyday 2,300 people in the U.S. die of cardiovascular disease, which means on an average 1 death per 38 seconds. Moreover, increasing geriatric population, who are more prone to diseases rising the demand for frequent diagnosis under several medical conditions expected to propel the growth of stethoscope market.

Stethoscope Market – Competitive Lanscape

Key players operating in the stethoscope market are 3M Company, Cardionics, Inc., Heine Optotechnik GmbH & Co. KG, American Diagnostics Corp, Medline Industries, Inc., Welch Allyn, Inc., GF Health Products, Inc., and Rudolf Riester GmbH.

Request For Customization Of This Business Research Report : https://www.coherentmarketinsights.com/insight/request-customization/1613

Stethoscope Market Taxonomy

By Product Type

Dual Head Stethoscope
Single Head Stethoscope
Triple Head Stethoscope
By Application

Humans
Veterinary
By End Users

Hospitals
Clinics
Academic & Institutes
Homecare settings
Others
By Region

North America
Europe
Latin America
Middle East
Asia Pacific
Africa

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave, #3200
Seattle, WA 98154
Tel: +1–206–701–6702
Email: sales@coherentmarketinsights.com

This release was published on openPR.