Global Echocardiography Market Size Grow at a CAGR 3.8% during forecast period

Posted by Deeksha on June 27th, 2019

Market Research Hub (MRH) has recently broadcasted a new study to its broad research portfolio, which is titled as “Global Echocardiography Market Insights, Forecast to 2025” provides an in-depth analysis of the Echocardiography with the forecast of market size and growth. The analysis includes addressable market, market by volume, market share by business type and by segment (external and in-house).The research study examines the Echocardiography on the basis of a number of criteria, such as the product type, application, and its geographical presence.

The whole supply chain of Echocardiography has been explained with statistical details with a special emphasis on various upstream and downstream components. The current trends pertaining to the demand, supply, and sales of Echocardiography, together with the recent developments have been given here to provide an exhaustive picture of this market.

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An echocardiogram is a type of ultrasound examination, which uses high-pitched sound waves that pass through a device called a transducer. The device receives echoes of the sound waves as they bounce off to different areas of the heart. These echoes are converted into moving pictures of the heart, which can be seen on a video screen. Echocardiography is an important modality for diagnosing heart diseases. Multi-specialty hospitals with good infrastructure facilities and comprising more than 500 beds use over 10,000 cart-based, laptop/dockable, and portable/handheld echocardiography devices to diagnose and monitor patients. The growing technological advancements further help to develop three-dimensional (3D) modality software based on echocardiography systems to provide 3D images of the anatomical function of the heart.
The global echocardiography market will post a CAGR of more than 3.8% during the forecast period. The rising demand for 3D/4D echocardiography is one of the primary drivers for market growth. The benefits of 3D/4D echocardiography over the traditional echocardiography process is foreseen to drive the market in the future. Advantages such as faster diagnosis and quantification, detailed, accurate, and precise images of the heart with the rising awareness among physicians and end-users is anticipated to drive the adoption rates. Moreover, the 3D/4D echocardiography offers precise heart views with good image quality, which cannot be done with 2D data. For instance, the University of Colorado Hospital is implementing the 3D real-time (3D/4D) TEE echocardiography systems such as iE33 system developed by Koninklijke Philips due to its high and precise image capability and ease of use. Therefore, the rising number of multispecialty hospitals, mounting healthcare expenditure, and well-established infrastructure capabilities will raise the adoption rate of 3D/4D echocardiography and in turn propel the growth of the echocardiography market.
Tier-1 players dominate the global echocardiography market and these players have strong positions compared to the Tier-2/Tier-3 vendors. The market competition will rise with the technological advancements and new product launches. Moreover, the manufacturers develop and introduce innovative products like 4D imaging-capable devices, mobile cloud-based software to offer patient satisfaction.
The global Echocardiography market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Echocardiography market based on company, product type, end user and key regions.

This report studies the global market size of Echocardiography in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Echocardiography in these regions.
This research report categorizes the global Echocardiography market by top players/brands, region, type and end user. This report also studies the global Echocardiography market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.

The following manufacturers are covered in this report, with sales, revenue, market share for each company:
GE Healthcare
Koninklijke Philips
Siemens Healthcare
Toshiba Medical Systems
Bay Labs
Biosense Webster
Boston Scientific
Bracco Imaging
Carestream Health
Ecare Medical Technology
Samsung Medison
MIDAS Software Solutions
St. Jude Medical
TELEMED Medical Systems

Market size by Product
Cart/trolley -based echocardiography devices
Portable/handheld echocardiography devices
Market size by End User
Diagnostic centers

Market size by Region
North America
United States
South Korea
Central & South America
Rest of Central & South America
Middle East & Africa
GCC Countries
South Africa

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Table of Contents

1 Study Coverage
1.1 Echocardiography Product
1.2 Market Segments
1.3 Key Manufacturers Covered
1.4 Market by Type
1.4.1 Global Echocardiography Market Size Growth Rate by Product
1.4.2 Cart/trolley -based echocardiography devices
1.4.3 Portable/handheld echocardiography devices
1.5 Market by End User
1.5.1 Global Echocardiography Market Size Growth Rate by End User
1.5.2 Hospitals
1.5.3 Diagnostic centers
1.6 Study Objectives
1.7 Years Considered

2 Executive Summary
2.1 Global Echocardiography Market Size
2.1.1 Global Echocardiography Revenue 2014-2025
2.1.2 Global Echocardiography Sales 2014-2025
2.2 Echocardiography Growth Rate by Regions
2.2.1 Global Echocardiography Sales by Regions
2.2.2 Global Echocardiography Revenue by Regions

3 Breakdown Data by Manufacturers
3.1 Echocardiography Sales by Manufacturers
3.1.1 Echocardiography Sales by Manufacturers
3.1.2 Echocardiography Sales Market Share by Manufacturers
3.1.3 Global Echocardiography Market Concentration Ratio (CR5 and HHI)
3.2 Echocardiography Revenue by Manufacturers
3.2.1 Echocardiography Revenue by Manufacturers (2014-2019)
3.2.2 Echocardiography Revenue Share by Manufacturers (2014-2019)
3.3 Echocardiography Price by Manufacturers
3.4 Echocardiography Manufacturing Base Distribution, Product Types
3.4.1 Echocardiography Manufacturers Manufacturing Base Distribution, Headquarters
3.4.2 Manufacturers Echocardiography Product Type
3.4.3 Date of International Manufacturers Enter into Echocardiography Market
3.5 Manufacturers Mergers & Acquisitions, Expansion Plans

To be continue..##

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