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Cardiovascular Ultrasound Market 2023 - Key Players are GE Healthcare (U.S.), Philips healthcare (The Netherlands), Siemens Healthcare (Germany), etc.
Cardiovascular Ultrasound Market is expected to reach US$ 1.72 billion in 2023 from US$ 1.45 billion in 2016 with a CAGR of approximately 6.3% during the forecast period 2017-2023. Cardiology is a branch of medicine involving the study of structures of heart and their functions. Heart is a major organ of the body which performs the function of carrying out oxygenation of blood and sending the blood back to the body. Cardiologists, vascular surgeons, and internal medicine providers use noninvasive ultrasound technology. Cardiac ultrasound imaging is used to diagnose and analyze the blood flow and function of the heart. Cardiovascular imaging involves imaging of ventricles, arteries, veins, atria, and other important structures of the heart. Cardiovascular imaging is important to find out whether the heart in functioning normally and for diagnosis of heart related disorders.Key Players for Cardiovascular ultrasound imaging market:
Some of the key players in this market are: GE Healthcare (U.S.), Philips healthcare (The Netherlands), Siemens Healthcare (Germany), Hitachi Medical Corporation (Japan), Toshiba Medical Systems Corporation (Japan)
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Regional Analysis of Cardiovascular ultrasound imaging Market:
Globally, cardiovascular ultrasound imaging market consists of four regions the America, Europe, Asia-Pacific and Middle East and Africa. North America is the largest market for dysmenorrhea. This is due to increase incidences of cardiovascular disease and other heart diseases. Whereas Asia Pacific is expected to be the fastest growing market for cardiovascular ultrasound imaging market. India is expected to be an emerging and fastest growing market. Large patient pool with diabetes thus increasing the risk of heart disease favor the growth of this market in Asia-Pacific. China has the largest number of patients suffering from diabetes followed by India thus contributing to the contributing to the growth of this market. This is because diabetes in regarded as one of the risk factors for chronic heart disease. The market shows steady growth in Middle East and Africa.
Global Cardiovascular Ultrasound Market - Overview
Cardiovascular ultrasound imaging system market has increased due to increase in the incidence of cardiovascular diseases, changing lifestyle of people, increase in incidence of diabetes and other risk factors favouring the growth of this market. Increase in demand of cardiovascular ultrasound imaging system in hospitals for diagnosis of heart disease or before any surgical procedure favour the growth of this market.
Cardiovascular diseases gain a huge attention due to increasing prevalence. Due to increasing number of death from cardiovascular diseases, number of companies are in a race for the introduction of the better devices and accessories for the treatment. Moreover, increasing prevalence of the cardiovascular is expected to support the growth of the market. Diabetes & obesity are the major causes for cardiovascular diseases. Furthermore, increasing number of patients suffering from these diseases lead to increase in the prevalence of cardiovascular diseases, ultimately increase the demand for the cardiovascular devices which will fuel the growth of the market. However, growing Cardiovascular (CV) disease burden is the major factor contributing in the growth of the market and is likely to increase in coming years due to growing patient and geriatric populations.
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Global Cardiovascular Ultrasound Market- Regional Analysis
Depending on geographic region, cardiovascular ultrasound market is segmented into four key regions: Americas, Europe, Asia-Pacific, and Middle East & Africa. Globally Americas hold the largest market share for cardiac rehabilitation devices. North American region is the leading market in the America region. Europe is the second-largest market globally for cardiac rehabilitation devices which is expected to continue its growth in the near future. Asia pacific region is expected to be fastest growing region in cardiac rehabilitation devices market. However, the Middle East & Africa holds the least share of the cardiovascular ultrasound imaging market due to less availability of funds, limited medical facilities, and deprived political conditions in Africa.
Table of Content:
Introduction
Research Methodology
Market Dynamics
Market Factor Analysis
Global Cardiovascular Ultrasound Market by Type
Global Cardiovascular Ultrasound Imaging Market by Imaging Technology
Global Cardiovascular Ultrasound Imaging Market by End User
Global Cardiovascular Ultrasound Imaging Market by Region
Competitive Landscape
Company Profile
Appendix
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