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How is Ultrasound Technology Generating Greenfields for Echocardiography Device Manufacturers?

05-25-2021 09:19 AM CET | Health & Medicine

Press release from: Fact.MR

Big data and analytics will drive patient outcomes in a big way, and the coming years will witness a growing emphasis on healthcare service providers in the business of gathering and processing patient health data.

Click HERE to Get Complete Synopsis of the Report- https://www.factmr.com/report/echocardiography-market

Award-winning consulting firm Fact.MR’s report on the global echocardiography market for the period 2021-2031 forecasts a strong growth trajectory, with this industry expected to surpass a valuation of US$ 2 billion by 2031-end. A4% CAGR has been projected for the same period. Key technological advancements in imaging technologies have acted as a significant growth accelerator.

The market accrued significant gains in the past, being valued at just over US$ 1 billion in 2019. Prominent healthcare providers are primarily reliant on advancements such as machine learning, artificial intelligence, and wireless connectivity to penetrate key regions. Markets across Asia Pacific, especially China and India, are expected to generate key revenue streams.

To remain ‘ahead’ of your competitors, request for a sample – https://www.factmr.com/connectus/sample?flag=S&rep_id=6084

Several ongoing studies are attempting to verify the efficacy of advanced echocardiography systems. For instance, in February 2021, Cardiologs, a global leader in artificial intelligence (AI) cardiology diagnostics, announced the publication of its clinical study in conjunction with the American College of Cardiology Clinical Electrophysiology, advocating that its AI-based ECG analysis solution significantly reduces the rate of false positive atrial fibrillation (AFib) detection in remote cardiac monitoring of patients with implantable loop recorders (ILRs).

“Rising prevalence of cardiovascular ailments is compelling patients to opt for advanced surgical procedures, prompting key manufacturers to invest in technologically advanced echocardiography devices, generating potential revenue streams,” remarks a Fact.MR analyst.

Need more information about Report Methodology? Click here- https://www.factmr.com/connectus/sample?flag=RM&rep_id=6084

Market Segmentation

Fact.MR has studied the echocardiography market with detailed segmentation on the basis of test, product, technology, end user, and region.

By Test

Transthoracic Echocardiogram
Stress Echocardiogram
Transesophageal Echocardiogram
Others
By Product

Cart/Trolley-based Echocardiography Devices
Handheld/Portable Echocardiography Devices

By Technology

2D
3D/4D
Doppler

For More Insights: https://www.prnewswire.com/news-releases/ear-nose-throat-ent-medical-devices-manufacturers-target-applications-in-cataract--glaucoma-treatment-factmr-301262063.html

By End User

Hospitals
Diagnostic Centers
Specialty Clinics
Clinics
Others
By Region

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

Key Take aways from Market Study

By test, transthoracic echocardiogram is poised to retain its dominance through 2031
Car-/ trolley-based echocardiography devices to remain widely deployed, and demand for portable/handheld devices to surge

By technology, 3D/4D echocardiography devices to experience significant uptake

The U.S. to pivot market growth across North America

Over two out of five deaths in China occur due to cardiovascular ailments, rendering it an attractive investment destination

High coronary heart disease prevalence rate to fuel market growth across the U.K.

For comprehensive insights on this market adoption, ask an analyst here- https://www.factmr.com/connectus/sample?flag=AE&rep_id=6084

Competitive Landscape

Prominent echocardiography stakeholders include Canon Medical Systems Corporation, Easote S.p.A., Bay Labs Inc., Bracco Imaging S.p.A., Digirad Corporation, GE Healthcare, Fujifilm Holdings Corporation, and Samsung Electronics Co. Ltd. among others.

Canon Medical Systems Corporation offers the Aplio i900 ultrasound imaging system, providing enhanced image quality by reducing clutter, strengthening signal and improving visualization. It provides tissue enhancement to deliver images with smooth clarity, while its Flex-M technology allows users to automatically adjust M-mode traces from live or stored 2D images.
In 2019, Bay Labs Inc. revealed new data on echocardiography guidance software which was presented at the American Society for Echocardiography’s (ASE) 30th Annual Scientific Sessions. At the event, the company published its findings on the evaluation of a deep-learning model designed to aid novice scanners in diagnostic quality echocardiograms.
More Insights Available

Fact.MR, in its new offering, presents an unbiased analysis of the echocardiography market, presenting historical demand data (2016-2020) and forecast statistics for the period of 2021-2031. The study divulges essential insights on the market on the basis of test (transthoracic echocardiogram, stress echocardiogram, transesophageal echocardiogram and others), product (cart- /trolley-based echocardiography devices, and handheld/portable echocardiography devices), technology (2D, 3D/4D, and doppler), and end user (hospitals, diagnostic centers, clinics, and others), across major five regions of the world (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).

Full Access of this Exclusive Report is Available at- https://www.factmr.com/checkout/6084/S

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About Fact.MR
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions.
We have offices in US and Dublin, whereas our global headquarter is in Dubai.While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise.
Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed.
Reach out to us with your goals, and we’ll be an able research partner.

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