Reports and Data

Cardiovascular Ultrasound System Market Size, Share, Growth, Analysis, Trend, and Forecast Research Report by 2028

Cardiovascular Ultrasound System Market Size – USD 1.46 Billion in 2018, Market Growth - CAGR of 4.9%, Market Trends – Increase in demand for cardiovascular ultrasound systems in the hospitals and ambulatory surgical center globally.

 

New York, NY -- (SBWIRE) -- 02/02/2021 -- The Cardiovascular Ultrasound System refers to the medical diagnostic of cardiovascular diseases. The system provides images of the heart and all its internal parts like valves, which assist doctors and surgeons in surgical procedures and treatments. It can have a color display as well as a black and white display. Various tests such as transthoracic, echocardiogram and stress echocardiogram, etc., are done with the help of a cardiovascular ultrasound system in hospitals and clinics. The Cardiovascular Ultrasound System Market is projected to grow at a CAGR of 4.9% in terms of value from 2019 to reach USD 2.37 Billion by 2027. The Global Cardiovascular Ultrasound System Market research study takes a comprehensive approach towards studying the key trends influencing the growth of this sector.

The report comprises data that offers an in-depth insight into the business sector. The research report focuses on the changes and progress in the business sphere due to the recent COVID-19 pandemic. A detailed outline of the Cardiovascular Ultrasound System market size is offered in the report with respect to the valuation and volume along with the market dynamics and scenario.

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The study offers valuable insights into the regional landscape of industry verticals, coupled with the established companies that have gained a substantial position in the industry.

Summary of the Global Cardiovascular Ultrasound System Market:
The report offers an in-depth analysis of the regional landscape
A comprehensive overview of the competitive landscape
A detailed outline of the market segmentation
Detailed Analysis of the Regional Segmentation:

The report analyses the regional market of this industry through extensive study. The global Cardiovascular Ultrasound System market has established its base in the key regions of the world. These key regions cover areas such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

The report includes valuable insights pertaining to the industry shares and market position as per the market share occupied by these geographies. Additionally, the report also offers the upcoming growth opportunities and prospects for the key players of the industry in these key regions. It also offers the expected growth rate that the industry is anticipated to register over the forecast timeline.

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Competitive Landscape:
The Cardiovascular Ultrasound System market research report comprises of a comprehensive evaluation of the competitive landscape of the business sphere. It elaborates on the breakdown of the competitive scenario of the Cardiovascular Ultrasound System industry and offers key insights into the companies' profiles, product portfolio, strategic alliances, expansion plans, and technological advancements and product developments.

According to the report, the competitive scenario sees engagement from the players such as GE Healthcare, Siemens Healthineers AG, Canon Medical Systems, Koninklijke Philips N.V., Hitachi Medical Corporation, Mindray Medical International Limited, Samsung Medison, Fujifilm Corporation, Chison Medical Imaging Co. Ltd., and Kalamed Medical Systems, among others. The report offers insights into substantial information about the market share and market size held by the prominent players along with the information about production sites and manufacturing facilities. Moreover, it offers key insights about their production and manufacturing capacity, product offerings, expansion plans, application spectrum, and revenue contribution. It also offers insights into gross revenue, profit margin, market share, market size, supply and demand ratio, and import/export. Thorough SWOT analysis and Porter's Five Forces analysis are performed for each player to garner insightful data about their market position and financial standings.

Outline of the Cardiovascular Ultrasound System Market Segmentation:
The Cardiovascular Ultrasound System industry is further segmented based on types, applications, end-user industries, and technologies, among others, to provide a better understanding of the Cardiovascular Ultrasound System industry.

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Type Outlook (Revenue, USD Billion; 2016-2027)
Transthoracic Echocardiogram
Transesophageal Echocardiogram
Stress Echocardiogram
Dobutamine Stress Echocardiogram
Intravascular Ultrasound
Others

Sales Channel Outlook (Revenue, USD Billion; 2016-2027)
Online Retailing
Medical Stores & Brand Outlet

Type of Imaging Outlook (Revenue, USD Billion; 2016-2027)
Color
Monochrome

Technology Outlook (Revenue, USD Billion; 2016-2027)
2D
3D
4D
Doppler

End-Users Outlook (Revenue, USD Billion; 2016-2027)
Hospitals
Clinics & Diagnostic Centers
Ambulatory Surgical Center
Others

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The segmentation section covers detailed market share analysis for each product and application along with an accurate projection of the market growth during the forecast period. The report also explains in detail about the consumption rate of each product and application, along with an anticipated growth rate over the forecast period.

Market Drivers
The market growth is attributed to various advancements and the availability of portable diagnostic ultrasound systems, and the surging penetration of healthcare insurance. According to the World Health Organization, around 17.9 million people died due to cardiovascular diseases in 2016 globally. Almost 85% of deaths related to cardiovascular diseases occur due to heart attack and stroke. Hence, the increase in the number of cardiovascular diseases has increased the demand for a cardiovascular ultrasound system for diagnosis. Technological advancements like Doppler imaging and 3D/4D ultrasound imaging are expected to affect the global market during the forecast period. Various benefits of echocardiography over invasive cardiac diagnostic procedures and the surge in preventive medicine have boosted the market growth.

Regional Landscape
Europe is expected to dominate the global cardiovascular ultrasound system market due to growing product commercialization in this region. The North American market is likely to hold the second-largest share of the global cardiovascular ultrasound treatment market due to the growing prevalence of cardiac disorders and the high adoption of new technology in the region. Asia Pacific is also expected to have a steady growth rate during the forecast period.

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Highlights of the TOC:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique

Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018-2027

Chapter 3. Indicative Metrics

Chapter 4. Cardiovascular Ultrasound System Market Segmentation & Impact Analysis
4.1. Cardiovascular Ultrasound System Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Extensive rise in the number of cardiovascular diseases
4.2.2.2. Technological advancements in cardiovascular ultrasound system
4.2.2.3. Rising geriatric cardiovascular patients worldwide
4.2.2.4. Impressive improvements in the healthcare sectors in the emerging nations of Asia Pacific
4.2.3. Market restraints analysis
4.2.3.1. High purchasing and maintenance cost
4.2.3.2. Lack of skilled personnel and regulatory framework
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter's Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis

Chapter 5. Cardiovascular Ultrasound System Market By Type Insights & Trends

Continued….

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