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Global Cardiovascular Ultrasound Market 2024 - Business Opportunities, Industry Growth, Regional Analysis And Forecast To 2033
Global Cardiovascular Ultrasound Market
Cardiovascular Ultrasound Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $3.18 billion In 2028 At A CAGR Of 6.7% :
The cardiovascular ultrasound market size has grown strongly in recent years. It will grow from $2.3 billion in 2023 to $2.46 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to rise in cardiovascular diseases, aging population, patient-friendly imaging, non-invasiveness and safety, increased awareness and education, reimbursement policies..
The cardiovascular ultrasound market size is expected to see strong growth in the next few years. It will grow to $3.18 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to focus on preventive healthcare, global aging population, value-based healthcare initiatives.. Major trends in the forecast period include advancements in imaging technology, artificial intelligence (ai) integration, point-of-care ultrasound (pocus) expansion, 3d/4d transesophageal echocardiography, telemedicine and remote monitoring, data management and connectivity..
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Key Driver - Rising Number Of Diagnostic Imaging Centers Fueling Cardiovascular Ultrasound Market Growth
An increasing number of diagnostic imaging centers is expected to boost the growth of the cardiovascular ultrasound market going forward. Diagnostic imaging centers are specialized healthcare facilities with advanced medical imaging technology to diagnose and monitor various medical conditions, such as cardiovascular diseases. Cardiovascular ultrasound, or echocardiography, is an essential diagnostic imaging modality used in diagnostic imaging centers to create real-time images of the heart and its blood vessels, allowing healthcare professionals to assess cardiac function and identify various cardiovascular conditions and abnormalities. For instance, in April 2022, according to the Department of Health and Social Care, a UK-based government department, 73 community diagnostic centers were in operation, conducting an additional 30,000 tests per week. These centers are projected to increase to 160 by 2025, reflecting a growth of 119.18%. Therefore, an increasing number of diagnostic imaging centers will drive the growth of the cardiovascular ultrasound market.
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Prominent Trend - Portable Handheld Ultrasound Imaging System For Enhanced Cardiac And Vascular Assessments
Major companies operating in the cardiovascular ultrasound market are focusing on developing new handheld ultrasound imaging systems, such as Vscan Air SL, to provide reliable services to customers. The Vscan Air SL handheld ultrasound imaging system is a portable device that uses ultrasound waves to create images of the body's internal structures when connected to a tablet or smartphone. For instance, in August 2023, GE HealthCare Technologies Inc., a US-based provider of medical technology, pharmaceutical diagnostics, and digital solutions, launched Vscan Air SL. This portable, wireless ultrasound imaging system can be used for rapid cardiac and vascular assessments to speed up diagnosis and treatment choices. The integration of SignalMax and XDclear, imaging performance technologies, is a unique feature of this system that allows for high penetration, resolution, and sensitivity levels using single crystal transducer technology. The new SL version contains a sector-phased array transducer for quick cardiac tests. Clinicians can bring Vscan Air to every patient due to the Vscan Air app, which is accessible on Android and iOS smartphones.
Cardiovascular Ultrasound Market Players
Major companies operating in the cardiovascular ultrasound market report are GE HealthCare Technologies Inc., Koninklijke Philips N.V., Siemens Healthineers AG, Hitachi Medical Corp., Samsung Medison Co. Ltd., Mindray Medical International Limited, Chison Wuxi Xiangsheng Medical Technology Co. Ltd., Fujifilm Sonosite Inc., Canon Medical Systems Corporation, Clarius Mobile Health, Dawei Medical (Jiangsu) Corp. Ltd., Esaote SpA, Fujifilm Holdings Corporation, Shenzhen Lanmage Medical Technology Co. Ltd., Leltek Inc., Telemed Ultrasound Medical Systems, Viatom Technology Co, Wuhan Zoncare Bio-medical Electronics Co. Ltd., Viatom Technology Co, Teratech Corporation, Shenzhen Bestman Instrument Co. Ltd., Biim Ultrasound AS, Leltek Inc., Dawei Medical (Jiangsu) Corp. Ltd., Wuhan Zoncare Bio-medical Electronics Co. Ltd., Shenzhen WELLD Medical Electronics Co. Ltd.
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Largest And Fastest Growing Region In The Market
North America was the largest region in the cardiovascular ultrasound market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the cardiovascular ultrasound market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Cardiovascular Ultrasound Market Report Structure
3. Cardiovascular Ultrasound Market Trends And Strategies
4. Cardiovascular Ultrasound Market - Macro Economic Scenario
5. Cardiovascular Ultrasound Market Size And Growth
…..
27. Cardiovascular Ultrasound Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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