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A Deep Dive into Cardiovascular Ultrasound Market 2025: Key Drivers, Growth Factors, and Projections 2025-2034
Cardiovascular Ultrasound Market Size
The anticipated growth of the cardiovascular ultrasound market is attributed to the rise in diagnostic imaging centres. These specialised health facilities utilise progressive medical imaging tools to detect and examine a range of illnesses including cardiovascular diseases. Echocardiography, a form of cardiovascular ultrasound, is a key diagnostic measure employed in these centres to generate real-time heart and blood vessel images. This aids in the early detection of diverse cardiovascular conditions by healthcare professionals. In April 2022, the Department of Health and Social Care, a UK government department, revealed that 73 community diagnostic hubs were functional, performing over 30,000 additional tests weekly. By the year 2025, the count of these centres is predicted to reach 160-an ascend of 119.18%. Hence, the surge in diagnostic imaging centres is a key growth accelerator for the cardiovascular ultrasound market. The rising incidence of cardiovascular disease is poised to propel the cardiovascular ultrasound market. Cardiovascular disease (CVD), which includes all conditions involving the heart or blood vessels, is commonly diagnosed and managed through an important non-invasive imaging method known as echocardiography. An example of how widespread CVD is can be seen in the data published by the British Heart Foundation in September 2024. The data indicated that 7.6 million individuals in the UK were afflicted with heart and circulatory diseases. These afflictions comprised approximately 27% of all fatalities in the UK, amounting to more than 170,000 deaths per annum or approximately 480 deaths daily. Thus, the escalating prevalence of cardiovascular disease is a major driver for the cardiovascular ultrasound market.
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What is the future CAGR of the cardiovascular ultrasound market, and how will it impact industry expansion?
The market size of cardiovascular ultrasound has significantly expanded in the past few years. The anticipated growth is from $2.46 billion in 2024 to $2.6 billion in 2025, with a compound annual growth rate (CAGR) of 5.9%. The market's previous growth can be tied to an increase in cardiovascular diseases, an older population, patient-friendly imaging, non-invasiveness and safety, heightened awareness and education, and supportive reimbursement policies.
In the coming years, the cardiovascular ultrasound market is predicted to experience significant expansion, reaching a valuation of $3.45 billion in 2029 with a compound annual growth rate (CAGR) of 7.3%. The surge during the forecast period can be attributed to factors such as emphasis on preventive healthcare, the worldwide aging population, and value-driven healthcare initiatives. Other notable trends during this period include progress in imaging technology, integration of artificial intelligence (AI), the widening of point-of-care ultrasound (POCUS), development in 3D/4D transesophageal echocardiography, the rise of telemedicine and remote monitoring, as well as improvements in data management and connectivity.
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How are the latest trends influencing the growth of the cardiovascular ultrasound market?
Top firms in the cardiovascular ultrasound sector are concentrating on the creation of novel handheld ultrasound imaging devices like the Vscan Air SL to deliver dependable solutions to clients. The Vscan Air SL is a mobile system that produces images of the body's internal organs using ultrasonic waves when linked to a smartphone or tablet. In August 2023, for example, GE HealthCare Technologies Inc., a U.S.-based medical technology, pharmaceutical diagnostics, and digital solutions firm, introduced the Vscan Air SL. This portable, wireless ultrasound system can be employed for expedited cardiac and vascular evaluations, boosting diagnosis and treatment decisions. The system's distinct aspect is its incorporation of SignalMax and XDclear, imaging performance technologies allowing high penetration, resolution, and sensitivity levels through the use of single crystal transducer technology. The up-to-date SL version includes a sector-phased array transducer for quick cardiac evaluations. The Vscan Air software, available on both Android and iOS, allows clinicians to bring the Vscan Air to every patient.
Which key market segments comprise the cardiovascular ultrasound market and drive its revenue growth?
The cardiovascular ultrasound market covered in this report is segmented -
1) By Type: Transthoracic Echocardiography, Transesophageal Echocardiography, Fetal Echocardiography, Other Types
2) By Technology: 2D, 3D Or 4D, Doppler
3) By Display: Black Or White (B/W), Color
4) By End-Use: Hospital, Diagnostic Centers, Ambulatory Care Centers, Other End-Uses
Subsegments:
1) By Transthoracic Echocardiography (TTE): Doppler Echocardiography, 2D Echocardiography, 3D Echocardiography, Stress Echocardiography
2) By Transesophageal Echocardiography (TEE): Adult TEE, Pediatric TEE
3) By Fetal Echocardiography: Standard Fetal Echocardiography, Advanced Fetal Echocardiography
4) By Other Types: Portable Ultrasound, Contrast Echocardiography
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What regions are at the forefront of cardiovascular ultrasound market expansion?
North America was the largest region in the cardiovascular ultrasound market in 2024. 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
Who are the leading players fueling growth in the cardiovascular ultrasound market?
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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What Is Covered In The Cardiovascular Ultrasound Global Market Report?
• Market Size Forecast: Examine the cardiovascular ultrasound market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the cardiovascular ultrasound market for a structured understanding.
• Key Players Overview: Analyze major players in the cardiovascular ultrasound market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the cardiovascular ultrasound market.
• Segment Contributions: Evaluate how different segments drive overall growth in the cardiovascular ultrasound market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the cardiovascular ultrasound market.
• Industry Challenges: Identify potential risks and obstacles affecting the cardiovascular ultrasound market.
• Competitive Landscape: Review strategic developments in the cardiovascular ultrasound market, including expansions, agreements, and new product launches.
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