“Cardiovascular Ultrasound System Market – Test Type (Transesophageal, Stress, Transthoracic, Fetal), Technology (2D, 3D & 4D, Doppler Imaging), Device Display (Black & White, Color), End User (Hospitals, Home Care, Ambulatory) – Forecast to 2021”
Study Coverage:
The scope of the Cardiovascular Ultrasound System Market report covers detailed information regarding the major factors—such as drivers, restraints, and challenges—that influence the growth of the cardiovascular ultrasound system market. A detailed analysis of the key industry players has been conducted to gain insights into their business overviews, key strategies adopted, and recent developments reported in the cardiovascular ultrasound system market.
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Increasing incidence of cardiovascular diseases and technological advancements are the key factors driving market growth.
MarketsandMarkets: The cardiovascular ultrasound system market is projected to reach USD 1.6 billion by 2021, at a CAGR of 5.4% from 2016.
Browse 93 market data tables
43 figures
160 pages and in-depth TOC on “Cardiovascular Ultrasound System Market – Global Forecast to 2021.”
The stress echocardiogram is expected to account for the largest share of the global cardiovascular ultrasound systems market during 2016.
Based on test type, the cardiovascular ultrasound system market is categorized into transthoracic echocardiogram, stress echocardiogram, transesophageal echocardiogram, and fetal & intracardiac echocardiogram. The stress echocardiogram segment is expected to account for the largest share of the market in 2016. The stress echocardiogram can provide data of the cardiac muscles and valves before and after the stress of the heart muscle.
Hospitals segment is projected to account for the largest share of the market, by end user.
On the basis of end user, the cardiovascular ultrasound system market is categorized into hospitals, home care & ambulatory, and other end users (research institutes, laboratories, and pharmaceutical companies). The hospitals segment is expected to account for the largest share of the market in 2016. The home care & ambulatory segment is estimated to be the fastest-growing segment of the market during the forecast period due increase in the usage of echocardiographs at the patient’s house itself.
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The Asia Pacific is projected to account for the highest growth in the cardiovascular ultrasound system market during the forecast period.
Asia Pacific is estimated to grow at a highest CAGR during the forecast period. The presence of emerging economies such as China and India and increasing R&D investments, healthcare spending and research and innovation, and medical tourism. China is the fastest growing country in Asia-Pacific region attributed to the increasing prevalence of cardiac diseases & need for diagnosis and the growth of its geriatric population segment
The major key players in the cardiovascular ultrasound system market include GE Healthcare (U.S.), Philips Healthcare (The Netherlands), Siemens Healthcare (Germany), Hitachi Medical Corporation (Japan), and Toshiba Medical Systems Corporation (Japan).
