Press release
Electronic Stethoscope Market expected to create an incremental opportunity worth US$ 170.9 Million between 2019-2029.
Up from nearly half a million units sold in 2018, the global sales of electronic stethoscopes will observe a robust 7.2% growth in 2019. The electronic stethoscopes market is expected to create an incremental opportunity worth US$ 170.9 Mn between 2019 and 2029.Key Manufacturers Continue to Strategize on New Product Launches in Electronic Stethoscopes Landscape
Almost 2/5th of total adoption of electronic stethoscopes is registered at hospitals, the report underscores that there has been significant adoption by medical institutes in the recent past. In the next few years, medical institutes and ambulatory surgical centers are likely to create multiple opportunities for manufacturers of electronic stethoscopes.
Request Sample Copy of Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-9457
More than half of the overall sales is accounted by amplifying electronic stethoscopes, as indicated by FMI’s analysis. While amplifying electronic stethoscopes provide results as accurate as digitizing electronic stethoscopes, the latter are associated with high maintenance owing to the presence of multiple electronic components. Amplifying electronic stethoscopes are thus expected to observe significant growth in revenue over the course of coming years.
According to the report, the market attractiveness of amplifying stethoscopes is strongly backed by the increasing number of launches of new electronic stethoscopes by a number of small- and medium-sized companies. Electronic stethoscopes are rapidly replacing conventional variants across developed countries, predominantly owing to accelerated regulatory approvals.
eKuore had launched the first wireless stethoscope for medical use.
Eko had launched the first Android–connected digital stethoscope.
In April 2018, Steth IO launched a digital smartphone-enabled stethoscope.
According to the report, approximately 60% of the electronic stethoscopes that are sold are enabled with Bluetooth technology and an integrated chest piece system. The former is however poised to witness a higher rate of adoption over the coming years.
North America Continues to Lead the Global Market for Electronic Stethoscopes
North America holds a considerable revenue share in the electronic stethoscopes market. With advancements in technology and the presence of a large number of healthcare facilities, electronic stethoscopes are being widely used in the region. Their ability to provide amplified sound output as well as reduce external sound makes it easy for medical professionals to detect sounds and provide proper treatment to patients.
Ask from the Market Research Expert @ https://www.futuremarketinsights.com/ask-question/rep-gb-9457
FMI’s study has profiled some of the key companies operating in the global electronic stethoscopes market, including
Eko Devices, eKuore, GlobalMed, 3M, Welch Allyn, Ambisea Technology Corp., Meditech Equipment Co., Ltd, HD Medical, Thinklabs, ADInstruments, and Cardionics Inc.
For more insights on the tier-wise structure and competition analysis and key influencers shaping the electronic stethoscopes market performance, write to the analyst at press@futuremarketinsights.com
Key Segment
By Product Type
Amplifying Stethoscopes
Digitizing Stethoscopes
By Application
Integrated Chest-Piece System
Wireless Transmission System (Bluetooth)
Integrated Receiver Head-Piece System
Other
By End User
Hospitals
Clinics
Medical Institutes
Ambulatory Surgical Centers
Homecare Settings
Medical Camps
Catheterization Laboratories
Download PDF Brochure @ https://www.futuremarketinsights.com/reports/brochure/rep-gb-9457
By Region
North America
Latin America
Europe
South Asia
East Asia
Oceania
MEA
Contact Us:
Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
About FMI:
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Electronic Stethoscope Market expected to create an incremental opportunity worth US$ 170.9 Million between 2019-2029. here
News-ID: 2496033 • Views: …
More Releases from Future Market insight
Glass Tableware Market is Expected to Reach a Valuation of US$ 15 Billion by 203 …
The glass tableware market is predicted to be valued at US$ 11 billion in 2023 and US$ 15 billion by 2033. Over the projection period, sales in the glass tableware market are expected to increase at a CAGR of 3.1%. As environmental consciousness grows, consumers are increasingly opting for sustainable and eco-friendly products. In response, glass tableware manufacturers are focusing on using recycled materials, implementing energy-efficient manufacturing processes, and promoting recyclability. This emphasis on sustainability…
Fault Current Limiters Market Analysis by Region: CAGR of 8.0% and US$ 11.3 Bill …
The Fault Current Limiters Market is on a steady ascent globally, poised to transform into a robust industry with a projected market size of US$ 11.3 billion by 2033. This insight is the result of thorough analysis conducted by Future Market Insights (FMI), a reputable ESCOMAR certified market research and consulting firm. The study suggests that the fault current limiters market, which reached US$ 4.8 billion in 2022, is set…
Fueling Health and Wellness: The Surging Demand for Freeze-Dried Fruits and Vege …
The freeze-dried food market will expand at a CAGR of 6.8% during the forecast period, reaching a value of $54.8 billion by 2032.
As individuals become more and more aware of the multiple health benefits of a nutrient-rich, organic, and low-carb diet, the demand for freeze-dried fruits and vegetables is increasing.One of the key factors driving the market is the long shelf life of freeze-dried fruits, which are produced without the use of…
During the Forecast Period, Asia Pacific Smart Locks Market is Reported to Witne …
The global smart locks market size was worth US$ 3.2 billion in 2022, and it is expected to grow at a CAGR of 18% to reach US$ 16.8 billion by 2032.
Residential owners' attraction to not having to carry around mechanical keys is predicted to result in a spike in smart lock sales.
The demand for smart locks is increasing globally due to the advantages of smart home architecture, including seamless connectivity, voice control, and remote access.
Examples of communication technologies…
More Releases for FMI
According to FMI, Condition Monitoring Services Will Reach 6.79 Billion USD: FMI
The global condition monitoring service market is anticipated to exceed US$ 3.52 Bn by the end of 2022. Growing emphasis on the integration of condition monitoring software with computerized process control services and maintenance management software is expected to favour the growth in the market.
The demand in the condition monitoring service global market is estimated to reach US$ 6.79 Bn by 2031, exhibiting growth at a CAGR of 9.8% during…
Medication Dispenser Market Forecast and Analysis by FMI
According to Wikipedia, medication or pill dispenser is an equipment which releases medication at specified time. In simple language, an equipment gives a signal when the time comes to take the medicine. The purpose is to help senior citizens or people who may suffer from impaired ability to adhere to their prescribed medication regime. The device automatically releases the pre-measured dose into a small compartment that is easily opened and…
Printing Paper Market Intelligence and Forecast by FMI
Global printing paper market: Introduction
The global paper industry is undergoing rapid transformation and plays significant role in the global packaging industry. In addition to manufacturing of packaging products such as corrugated boxes, paperboards or envelopes, papers are also used for the production of printing paper for printing purposes. Printing paper market is anticipated to grow on the backdrop of packaging industry, printing industry, and as well as e-commerce industry…
Pharmaceutical Solvent Market Forecast and Prospectus : FMI Research
Global Market for Pharmaceutical Solvents Projected to Witness Sluggish Growth
A majority of medicines & drugs produced in the world are derived from formulating Active Pharmaceutical Ingredients (API), and such processes require alcoholic solvents such as ethanol, isopropanol, propanol and propylene glycol.
Production of pharmaceutical solvents continues to be concentrated in the Asia-Pacific excluding Japan (APEJ) region as leading API suppliers and drug manufacturers in the world have based their production units…
Temperature Controlled Packaging Solutions Market Analysis : FMI
While North America will continue to be the most attractive market, the temperature controlled packaging solutions market in Asia Pacific excluding Japan (APEJ) will witness steady gains.
According to a comprehensive analysis on the global temperature controlled packaging solutions market by Future Market Insights, companies seeking thermally-regulated packaging solutions for unhampered delivery of their products will continue to opt for insulated containers, with chest-type containers accounting for significant demand. However, during…
Force Sensor Market Share, Value, Trends : FMI Report
Continuous adoption of force sensors as human-machine interface is projected to pave new business opportunities for force sensor manufacturers among various industries such as music & entertainment. In addition, surging implementation of various ICT technologies in healthcare, and rising necessity to improve quality of healthcare services are further expected to offer growth opportunities to developers of force sensing technology. Future Market insights (FMI), in its report, projects the global market…
