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The Booming Echocardiography Market: Revenue to Surpass US$ 2.2 Billion by 2030

08-04-2023 04:56 PM CET | Health & Medicine

Press release from: Transparency Market Research

Echocardiography Market, Echocardiography Market Size, Echocardiography Market Share

Echocardiography Market, Echocardiography Market Size, Echocardiography Market Share

The COVID-19 pandemic has brought unprecedented challenges to the healthcare industry, including echocardiography laboratories and service providers. With patients suffering from heart diseases being at high risk of COVID-19 infection, maintaining a robust supply of echocardiography devices has become crucial to prevent compromise on patient care and diagnosis. In response, stakeholders in the echocardiography market are ramping up efforts to develop automated echo analysis systems and point-of-care (POC) devices. This article explores the innovative advancements and potential impact of the evolving echocardiography market on patient care and diagnostic accuracy.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐š ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ญ (๐”๐ฌ๐ž ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ž ๐Œ๐š๐ข๐ฅ ๐ˆ๐ ๐Ÿ๐จ๐ซ ๐๐ฎ๐ข๐œ๐ค ๐‘๐ž๐ฌ๐ฉ๐จ๐ง๐ฌ๐ž) - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=51537&utm_source=OpenPR_Ajay&utm_medium=OpenPR

๐—”๐˜‚๐˜๐—ผ๐—บ๐—ฎ๐˜๐—ฒ๐—ฑ ๐—˜๐—ฐ๐—ต๐—ผ ๐—”๐—ป๐—ฎ๐—น๐˜†๐˜€๐—ถ๐˜€ ๐˜๐—ต๐—ฟ๐—ผ๐˜‚๐—ด๐—ต ๐— ๐—ฎ๐—ฐ๐—ต๐—ถ๐—ป๐—ฒ ๐—Ÿ๐—ฒ๐—ฎ๐—ฟ๐—ป๐—ถ๐—ป๐—ด:

The echocardiography market is projected to witness remarkable growth, with an estimated revenue crossing US$ 2.2 billion by 2030. To address the growing demand for efficient and accurate echo analysis, med-tech companies are leveraging machine learning (ML) algorithms. These algorithms use signal processing techniques to analyze medical ultrasound data and interpret echocardiograms. However, the challenge lies in developing robust systems suitable for clinical settings, especially for point-of-care testing. Companies are investing heavily in research and development to advance the field of automatic echo analysis.

๐—”๐—œ-๐—ฃ๐—ผ๐˜„๐—ฒ๐—ฟ๐—ฒ๐—ฑ ๐—ฃ๐—ผ๐—ถ๐—ป๐˜-๐—ผ๐—ณ-๐—–๐—ฎ๐—ฟ๐—ฒ ๐—จ๐—น๐˜๐—ฟ๐—ฎ๐˜€๐—ผ๐˜‚๐—ป๐—ฑ:

In recent years, cardiac ultrasound vendors have introduced new products that leverage artificial intelligence (AI) to automate echocardiography functions. EchoNous, a software development company, has gained recognition for its Kosmos system, which integrates AI with handheld ultrasound, empowering physicians to make quick decisions at the point of care. The development of AI apps capable of calculating ejection fraction in seconds is revolutionizing medical diagnosis, providing auto labeling, guiding, and grading during cardiac scanning.

๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ | ๐ˆ๐ฆ๐ฆ๐ž๐๐ข๐š๐ญ๐ž ๐ƒ๐ž๐ฅ๐ข๐ฏ๐ž๐ซ๐ฒ ๐€๐ฏ๐š๐ข๐ฅ๐š๐›๐ฅ๐ž ๐š๐ญ -

https://www.transparencymarketresearch.com/checkout.php?rep_id=51537<ype=S&utm_source=OpenPR_Ajay&utm_medium=OpenPR

๐—”๐—ฑ๐˜ƒ๐—ฎ๐—ป๐—ฐ๐—ฒ๐—บ๐—ฒ๐—ป๐˜๐˜€ ๐—ถ๐—ป ๐—ฃ๐˜‚๐—น๐˜€๐—ฒ ๐——๐—ผ๐—ฝ๐—ฝ๐—น๐—ฒ๐—ฟ ๐—ง๐—ฒ๐—ฐ๐—ต๐—ป๐—ผ๐—น๐—ผ๐—ด๐˜†:

As handheld ultrasound gains popularity in the echocardiography market, pulse Doppler technology is playing a pivotal role in improving heart image resolution. Reliable probes inserted into the esophagus can now effectively detect and monitor the boundary between the inner edge of the myocardium and the blood pool. These innovations enable more accurate assessments of blood supply to different regions of the heart walls, enhancing the precision of echocardiography outcomes.

๐— ๐—ถ๐—ป๐—ถ๐—ฎ๐˜๐˜‚๐—ฟ๐—ฒ ๐—ฃ๐—ฟ๐—ผ๐—ฏ๐—ฒ๐˜€ ๐—ณ๐—ผ๐—ฟ ๐—–๐—ผ๐—ฟ๐—ผ๐—ป๐—ฎ๐—ฟ๐˜† ๐—”๐—ฟ๐˜๐—ฒ๐—ฟ๐˜† ๐——๐—ถ๐˜€๐—ฒ๐—ฎ๐˜€๐—ฒ ๐——๐—ถ๐—ฎ๐—ด๐—ป๐—ผ๐˜€๐—ถ๐˜€:

In a bid to displace angiography as the gold standard for coronary artery disease diagnosis, companies are pioneering miniature probes that can be inserted into the heart through the coronary vasculature. By characterizing tissues through which the ultrasound signal has passed, these probes have the potential to identify tumors and differentiate between scar tissue and ischemic myocardium. Echocardiography's detailed assessments of heart ventricle movement are making it a direct competitor to nuclear cardiology.

๐—™๐˜‚๐˜๐˜‚๐—ฟ๐—ฒ ๐—ฃ๐—ฟ๐—ผ๐˜€๐—ฝ๐—ฒ๐—ฐ๐˜๐˜€ ๐—ฎ๐—ป๐—ฑ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—˜๐˜…๐—ฝ๐—ฎ๐—ป๐˜€๐—ถ๐—ผ๐—ป:

Echocardiography innovations, particularly in automation, AI, and point-of-care ultrasound, are transforming patient care in the post-COVID-19 landscape. The market is expected to grow at a modest CAGR of around 4% during the forecast period. For AI and ML techniques to gain widespread acceptance, they must navigate challenging regulatory approval processes. Large trials and robust evidence of their prognostic value are essential before commercializing these technologies in clinical settings. Additionally, virtual face-to-face training for clinicians and their teams holds great promise for expanding the echocardiography market in the coming years.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ญ -ย 

https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=51537&utm_source=OpenPR_Ajay&utm_medium=OpenPR

The echocardiography market is witnessing a paradigm shift in diagnostic accuracy and patient care through automation, AI integration, and point-of-care testing. Med-tech companies are investing heavily in research and development to deliver efficient, accurate, and user-friendly echocardiography devices. With advancements in technology and the rise in cardiovascular diseases worldwide, the global echocardiography market is poised for significant growth. These innovations hold the potential to revolutionize cardiac care, improve diagnostic accuracy, and ultimately enhance patient outcomes.

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐“๐ซ๐š๐ง๐ฌ๐ฉ๐š๐ซ๐ž๐ง๐œ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก -

๐๐ž๐ฉ๐ญ๐ข๐๐ž ๐“๐ก๐ž๐ซ๐š๐ฉ๐ž๐ฎ๐ญ๐ข๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ

https://www.globenewswire.com/en/news-release/2023/04/14/2647305/0/en/Peptide-Therapeutics-Market-Size-to-Hit-USD-91-25-Bn-by-2031-TMR-Study.html

๐๐ฅ๐จ๐จ๐ ๐“๐ž๐ฌ๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ

https://www.globenewswire.com/en/news-release/2023/04/14/2647267/0/en/Blood-Testing-Market-to-Reach-USD-218-2-Bn-by-2032-Growing-at-a-9-6-CAGR-TMR-Study.html

๐‚๐จ๐ง๐ ๐ž๐ฌ๐ญ๐ข๐ฏ๐ž ๐‡๐ž๐š๐ซ๐ญ ๐…๐š๐ข๐ฅ๐ฎ๐ซ๐ž ๐ƒ๐ซ๐ฎ๐ ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ

https://www.globenewswire.com/en/news-release/2023/04/13/2646759/0/en/Congestive-Heart-Failure-Drugs-Market-Size-to-Cross-USD-13-5-Bn-Revenue-by-2031-TMR-Study.html

๐—”๐—ฏ๐—ผ๐˜‚๐˜ ๐—จ๐˜€ ๐—ง๐—ฟ๐—ฎ๐—ป๐˜€๐—ฝ๐—ฎ๐—ฟ๐—ฒ๐—ป๐—ฐ๐˜† ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ฅ๐—ฒ๐˜€๐—ฒ๐—ฎ๐—ฟ๐—ฐ๐—ต
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

๐—–๐—ผ๐—ป๐˜๐—ฎ๐—ฐ๐˜ ๐—จ๐˜€
Nikhil Sawlani
Transparency Market Research Inc.
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