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Cardiovascular Ultrasound Market Competitive Research, Industry Status, Key Drivers And Forecast To 2033

09-25-2024 11:33 AM CET | Health & Medicine

Press release from: The Business Research Company

Cardiovascular Ultrasound Market Share

Cardiovascular Ultrasound Market Share

"The Business Research Company recently released a comprehensive report on the Global Cardiovascular Ultrasound Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

According to The Business Research Company's, 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..

Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/cardiovascular-ultrasound-global-market-report

Market Drivers and Trends:

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.

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.

Key Benefits for Stakeholders:

• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.

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Major Key Players of the Market:

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.

Cardiovascular Ultrasound Market 2024 Key Insights:

• The Cardiovascular Ultrasound is expected to grow to $3.18 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%.
• Rising Number Of Diagnostic Imaging Centers Fueling Cardiovascular Ultrasound Market Growth
• Portable Handheld Ultrasound Imaging System For Enhanced Cardiac And Vascular Assessments
• North America was the largest region in the cardiovascular ultrasound market in 2023

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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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