GLOBAL CARDIOVASCULAR ULTRASOUND MARKET 2022-2028

Lifesciences | Medical Devices & Consumables

GLOBAL CARDIOVASCULAR ULTRASOUND MARKET 2022-2028

Market by Display, Technology, Type, End-user, and Regional Outlook | Forecast 2022-2028

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Cardiac ultrasound, also known as echocardiography, is a type of ultrasound imaging that is used to quickly detect any heart problems in a patient. In the 1960s, cardiologists used it for diagnostic purposes, and emergency physicians used it as one of several point-of-care ultrasound applications from head to toe. For cardiac ultrasound, a cardiac setting and a low-frequency probe with a small footprint that can fit between the ribs should be used. A frequency greater than 20,000 Hertz is defined as ultrasound (Hz).

According to Triton Market Research’s analysis, the Global Cardiovascular Ultrasound Market is likely to reach $2194.06 million by 2028, from $1450.86 million in 2021, with a CAGR of 6.12% during the forecast period 2022-2028.


Click here to check out our blog on the Global Cardiovascular Ultrasound Market

MARKET PERFORMANCE: DRIVERS, CHALLENGES, AND TRENDS

Over the forecast period, the market’s expansion is likely to be fueled by the increase in cardiovascular disease cases and advancements in technology. As the world evolves and technology advances, every task becomes more approachable and efficient to complete. With advancements in cardiovascular ultrasound imaging, the cardiac imaging domain is evolving and providing various benefits, such as real-time imaging, imaging at the patient’s bedside, cost-effectiveness, and ionizing-radiation-free imaging. There are various technologies available in cardiovascular ultrasound, such as 2D, 3D/4D, Doppler technologies, and so on.

The market, however, must overcome significant obstacles like lack of awareness among patients and stringent regulations. Cardiovascular ultrasound can aid in the early detection of heart and blood vessel problems. It is advised to see a doctor if any individual experiences problems like shortness of breath, chest pain, and so on, as the doctor prescribes cardiovascular ultrasound so that any heart-related issue can be diagnosed on time. However, because not enough people are aware of this fact, the number of people dying from cardiac problems is increasing.

The emergence of artificial intelligence (AI) presents an overall positive outlook for the market. AI techniques have the potential to improve the diagnostic potential of echocardiography, and their use in echocardiography is currently being researched. The use of artificial intelligence in echocardiography is vital for standard section recognition, functional left ventricle assessment, automatic segmentation of the cardiac cavity, and cardiac disease diagnosis. In the coming future, it will be possible to process more ultrasound data in real time, and AI will play a crucial role in facilitating these procedures.



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KEY GEOGRAPHIES COVERED:

•         North America: United States and Canada

•         Europe: United Kingdom, France, Germany, Spain, Italy, and Rest of Europe

•         Asia-Pacific: China, Japan, India, Australia & New Zealand, South Korea, ASEAN Countries, and Rest of Asia-Pacific

•         Latin America: Brazil, Mexico, and Rest of Latin America

•         Middle East and Africa: Saudi Arabia, Turkey, United Arab Emirates, South Africa, and Rest of Middle East & Africa


SEGMENTATION ANALYSIS – CARDIOVASCULAR ULTRASOUND MARKET:

•         Market by Display

o        Black and White

o        Color

•         Market by Technology

o        2D

o        3D/4D

o        Doppler

•         Market by Type

o        Transthoracic Echocardiography

o        Fetal Echocardiography

o        Transesophageal Echocardiography

o        Other Types

In the cardiovascular ultrasound market, fetal echocardiography is the fastest-growing type, with a CAGR of 6.37%. Fetal echocardiography is a type of ultrasound-like test performed on pregnant women. Doctors also examine the fetus’s blood flow and heartbeat for any abnormalities. Doctors may advise or prescribe this test to some women if the child is at risk for a heart abnormality or other disorder, if the child’s family has a history of heart problems, or if the pregnant woman used drugs or alcohol during her pregnancy.

•         Market by End-users

o        Hospitals

o        Diagnostic Centers

o        Ambulatory Care Centers

o        Other End-users

In the cardiovascular ultrasound market, hospitals are the largest end-users, which accounted for $620.56 million of the market share in 2021. The majority and primary end-users of cardiovascular ultrasound are hospitals. All types of echocardiography are commonly used in hospitals due to their prime location and accessibility to patients.

 

COMPETITIVE LANDSCAPE:

The competitive landscape helps dive into data about the key players in the cardiovascular ultrasound market. The strategic initiatives for each of the companies considered have been covered in detail.

Alliance (September 2021): Philips Healthcare and Main Line Health’s Lankenau Heart Institute

Philips Healthcare and Main Line Health’s Lankenau Heart Institute announced a five-year strategic partnership focused on integrated cardiovascular solutions.

Product Launch (August 2020): Philips Healthcare

Philips Healthcare added Affiniti CVx to its portfolio of dedicated cardiovascular ultrasound solutions for increased productivity.

 

Key Benefits of the Report:

      Triton Market Research has a collective experience of 25-30 years in the industry, with its analysts and experts encompassing the most infallible research methodology for its market intelligence and industry analysis.

 

      Our research methodology helps in achieving a broader consensus of the market size, shape, and industry trends within each industry segment.

 

      The strategy adopted in designing the research methodology includes the amalgamation of the information assembled from primary and secondary sources, with the assistance of analytical tools to construct the forecast and predictive models.

 

      The scope of the market report comprises the current scenario of the global cardiovascular ultrasound market, along with the detailed overview of the industry outlook, market dynamics, segmentation analysis, regional outlook, and competitive landscape for the period 2022-2028.

 

FAQs:

Q 1) Does this report include the impact of COVID-19 on the cardiovascular ultrasound market?

The market study has analyzed the impact of COVID-19 on the cardiovascular ultrasound market qualitatively as well as quantitatively.

Q 2) Which are the key players in the cardiovascular ultrasound market?

Fujifilm Holdings Corporation, Lanmage, Mindray Medical International Limited, Zoncare, GE Healthcare, Esaote S.p.A., Dawei Medical, Philips Healthcare, Leltek Inc, Clarius, Canon Medical Corp, Siemens Healthineers, Viatom Technology Co, Telemed Ultrasound Medical Systems, and Samsung Medison Co Ltd are the key players in the cardiovascular ultrasound market.

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Table of Content

1. GLOBAL CARDIOVASCULAR ULTRASOUND MARKET – SUMMARY

2. INDUSTRY OUTLOOK

2.1. IMPACT OF COVID-19 ON THE CARDIOVASCULAR ULTRASOUND MARKET

2.2. KEY INSIGHTS

2.2.1. EMERGENCE OF ARTIFICIAL INTELLIGENCE (AI)

2.2.2. STRAIN IMAGING HAS SEEN A GRADUAL INCREASE

2.3. PORTER’S FIVE FORCES ANALYSIS

2.3.1. THREAT OF NEW ENTRANTS

2.3.2. THREAT OF SUBSTITUTES

2.3.3. BARGAINING POWER OF BUYERS

2.3.4. BARGAINING POWER OF SUPPLIERS

2.3.5. THREAT OF COMPETITIVE RIVALRY

2.4. KEY IMPACT ANALYSIS

2.4.1. QUALITY

2.4.2. DURABILITY

2.4.3. PRICE

2.4.4. TECHNOLOGY

2.5. MARKET ATTRACTIVENESS INDEX

2.6. VENDOR SCORECARD

2.7. INDUSTRY COMPONENTS

2.8. REGULATORY FRAMEWORK

2.9. KEY MARKET STRATEGIES

2.9.1. PRODUCT LAUNCHES

2.9.2. ALLIANCES

2.10. MARKET DRIVERS

2.10.1. INCREASE IN CARDIOVASCULAR DISEASE CASES

2.10.2. ADVANCEMENTS IN TECHNOLOGY

2.11. MARKET CHALLENGES

2.11.1. LACK OF AWARENESS AMONG PATIENTS

2.11.2. NEED TO ABIDE BY STRINGENT REGULATIONS

2.12. MARKET OPPORTUNITIES

2.12.1. RAPID EXPANSION OF POINT-OF-CARE ULTRASOUND (POCUS)

2.12.2. GROWING CARDIOVASCULAR ULTRASOUND MARKET IN THE ASIA-PACIFIC REGION

2.12.3. RAPID GROWTH OF FETAL ECHOCARDIOGRAPHY

3. GLOBAL CARDIOVASCULAR ULTRASOUND MARKET OUTLOOK – BY DISPLAY

3.1. BLACK AND WHITE

3.2. COLORED

4. GLOBAL CARDIOVASCULAR ULTRASOUND MARKET OUTLOOK – BY TECHNOLOGY

4.1. 2D

4.2. 3D/4D

4.3. DOPPLER

5. GLOBAL CARDIOVASCULAR ULTRASOUND MARKET OUTLOOK – BY TYPE

5.1. TRANSTHORACIC ECHOCARDIOGRAPHY

5.2. FETAL ECHOCARDIOGRAPHY

5.3. TRANSESOPHAGEAL ECHOCARDIOGRAPHY

5.4. OTHER TYPES

6. GLOBAL CARDIOVASCULAR ULTRASOUND MARKET OUTLOOK – BY END-USER

6.1. HOSPITALS

6.2. DIAGNOSTIC CENTERS

6.3. AMBULATORY CARE CENTERS

6.4. OTHER END-USERS

7. GLOBAL CARDIOVASCULAR ULTRASOUND MARKET – REGIONAL OUTLOOK

7.1. NORTH AMERICA

7.1.1. MARKET BY DISPLAY

7.1.2. MARKET BY TECHNOLOGY

7.1.3. MARKET BY TYPE

7.1.4. MARKET BY END-USER

7.1.5. COUNTRY ANALYSIS

7.1.5.1. UNITED STATES

7.1.5.2. CANADA

7.2. EUROPE

7.2.1. MARKET BY DISPLAY

7.2.2. MARKET BY TECHNOLOGY

7.2.3. MARKET BY TYPE

7.2.4. MARKET BY END-USER

7.2.5. COUNTRY ANALYSIS

7.2.5.1. UNITED KINGDOM

7.2.5.2. GERMANY

7.2.5.3. FRANCE

7.2.5.4. SPAIN

7.2.5.5. ITALY

7.2.5.6. REST OF EUROPE

7.3. ASIA-PACIFIC

7.3.1. MARKET BY DISPLAY

7.3.2. MARKET BY TECHNOLOGY

7.3.3. MARKET BY TYPE

7.3.4. MARKET BY END-USER

7.3.5. COUNTRY ANALYSIS

7.3.5.1. CHINA

7.3.5.2. JAPAN 

7.3.5.3. INDIA

7.3.5.4. SOUTH KOREA

7.3.5.5. ASEAN COUNTRIES

7.3.5.6. AUSTRALIA & NEW ZEALAND

7.3.5.7. REST OF ASIA-PACIFIC

7.4. LATIN AMERICA

7.4.1. MARKET BY DISPLAY

7.4.2. MARKET BY TECHNOLOGY

7.4.3. MARKET BY TYPE

7.4.4. MARKET BY END-USER   

7.4.5. COUNTRY ANALYSIS

7.4.5.1. BRAZIL

7.4.5.2. MEXICO

7.4.5.3. REST OF LATIN AMERICA

7.5. MIDDLE EAST AND AFRICA

7.5.1. MARKET BY DISPLAY

7.5.2. MARKET BY TECHNOLOGY

7.5.3. MARKET BY TYPE

7.5.4. MARKET BY END-USER

7.5.5. COUNTRY ANALYSIS

7.5.5.1. UNITED ARAB EMIRATES

7.5.5.2. SAUDI ARABIA

7.5.5.3. TURKEY

7.5.5.4. SOUTH AFRICA

7.5.5.5. REST OF MIDDLE EAST & AFRICA

8. COMPETITIVE LANDSCAPE

8.1. GE HEALTHCARE

8.2. PHILIPS HEALTHCARE

8.3. SIEMENS HEALTHINEERS

8.4. CANON MEDICAL CORP

8.5. FUJIFILM HOLDINGS CORPORATION

8.6. SAMSUNG MEDISON CO LTD

8.7. ESAOTE S.P.A.

8.8. MINDRAY MEDICAL INTERNATIONAL LIMITED

8.9. VIATOM TECHNOLOGY CO

8.10. LANMAGE

8.11. DAWEI MEDICAL

8.12. ZONCARE

8.13. LELTEK INC

8.14. TELEMED ULTRASOUND MEDICAL SYSTEMS

8.15. CLARIUS

9. RESEARCH METHODOLOGY & SCOPE

9.1. RESEARCH SCOPE & DELIVERABLES

9.2. SOURCES OF DATA

9.3. RESEARCH METHODOLOGY

List of Tables

TABLE 1: GLOBAL CARDIOVASCULAR ULTRASOUND MARKET, BY REGIONAL OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 2: VENDOR SCORECARD

TABLE 3: REGULATORY FRAMEWORK

TABLE 4: LIST OF PRODUCT LAUNCHES

TABLE 5: LIST OF ALLIANCES

TABLE 6: GLOBAL CARDIOVASCULAR ULTRASOUND MARKET, BY DISPLAY, 2022-2028, (IN $ MILLION)

TABLE 7: GLOBAL CARDIOVASCULAR ULTRASOUND MARKET, BY TECHNOLOGY, 2022-2028, (IN $ MILLION)

TABLE 8: GLOBAL CARDIOVASCULAR ULTRASOUND MARKET, BY TYPE, 2022-2028, (IN $ MILLION)

TABLE 9: GLOBAL CARDIOVASCULAR ULTRASOUND MARKET, BY END-USER, 2022-2028, (IN $ MILLION)

TABLE 10: GLOBAL CARDIOVASCULAR ULTRASOUND MARKET, BY REGIONAL OUTLOOK, 2022-2028, (IN $ MILLION)

TABLE 11: NORTH AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 12: NORTH AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY DISPLAY, 2022-2028 (IN $ MILLION)

TABLE 13: NORTH AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY TECHNOLOGY, 2022-2028 (IN $ MILLION)

TABLE 14: NORTH AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY TYPE, 2022-2028 (IN $ MILLION)

TABLE 15: NORTH AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY END-USER, 2022-2028 (IN $ MILLION)

TABLE 16: EUROPE CARDIOVASCULAR ULTRASOUND MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 17: EUROPE CARDIOVASCULAR ULTRASOUND MARKET, BY DISPLAY, 2022-2028 (IN $ MILLION)

TABLE 18: EUROPE CARDIOVASCULAR ULTRASOUND MARKET, BY TECHNOLOGY, 2022-2028 (IN $ MILLION)

TABLE 19: EUROPE CARDIOVASCULAR ULTRASOUND MARKET, BY TYPE, 2022-2028 (IN $ MILLION)

TABLE 20: EUROPE CARDIOVASCULAR ULTRASOUND MARKET, BY END-USER, 2022-2028 (IN $ MILLION)

TABLE 21: ASIA-PACIFIC CARDIOVASCULAR ULTRASOUND MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 22: ASIA-PACIFIC CARDIOVASCULAR ULTRASOUND MARKET, BY DISPLAY, 2022-2028 (IN $ MILLION)

TABLE 23: ASIA-PACIFIC CARDIOVASCULAR ULTRASOUND MARKET, BY TECHNOLOGY, 2022-2028 (IN $ MILLION)

TABLE 24: ASIA-PACIFIC CARDIOVASCULAR ULTRASOUND MARKET, BY TYPE, 2022-2028 (IN $ MILLION)

TABLE 25: ASIA-PACIFIC CARDIOVASCULAR ULTRASOUND MARKET, BY END-USER, 2022-2028 (IN $ MILLION)

TABLE 26: LATIN AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 27: LATIN AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY DISPLAY, 2022-2028 (IN $ MILLION)

TABLE 28: LATIN AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY TECHNOLOGY, 2022-2028 (IN $ MILLION)

TABLE 29: LATIN AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY TYPE, 2022-2028 (IN $ MILLION)

TABLE 30: LATIN AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY END-USER, 2022-2028 (IN $ MILLION)

TABLE 31: MIDDLE EAST AND AFRICA CARDIOVASCULAR ULTRASOUND MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 32: MIDDLE EAST AND AFRICA CARDIOVASCULAR ULTRASOUND MARKET, BY DISPLAY, 2022-2028 (IN $ MILLION)

TABLE 33: MIDDLE EAST AND AFRICA CARDIOVASCULAR ULTRASOUND MARKET, BY TECHNOLOGY, 2022-2028 (IN $ MILLION)

TABLE 34: MIDDLE EAST AND AFRICA CARDIOVASCULAR ULTRASOUND MARKET, BY TYPE, 2022-2028 (IN $ MILLION)

TABLE 35: MIDDLE EAST AND AFRICA CARDIOVASCULAR ULTRASOUND MARKET, BY END-USER, 2022-2028 (IN $ MILLION)

List of Figures

FIGURE 1: KEY BUYING IMPACT ANALYSIS

FIGURE 2: MARKET ATTRACTIVENESS INDEX

FIGURE 3: INDUSTRY COMPONENTS

FIGURE 4: GLOBAL CARDIOVASCULAR ULTRASOUND MARKET, BY DISPLAY, 2021 & 2028 (IN %)

FIGURE 5: GLOBAL CARDIOVASCULAR ULTRASOUND MARKET, BY BLACK AND WHITE, 2022-2028 (IN $ MILLION)

FIGURE 6: GLOBAL CARDIOVASCULAR ULTRASOUND MARKET, BY COLORED, 2022-2028 (IN $ MILLION)

FIGURE 7: GLOBAL CARDIOVASCULAR ULTRASOUND MARKET, BY TECHNOLOGY, 2021 & 2028 (IN %)

FIGURE 8: GLOBAL CARDIOVASCULAR ULTRASOUND MARKET, BY 2D, 2022-2028 (IN $ MILLION)

FIGURE 9: GLOBAL CARDIOVASCULAR ULTRASOUND MARKET, BY 3D/4D, 2022-2028 (IN $ MILLION)

FIGURE 10: GLOBAL CARDIOVASCULAR ULTRASOUND MARKET, BY DOPPLER, 2022-2028 (IN $ MILLION)

FIGURE 11: GLOBAL CARDIOVASCULAR ULTRASOUND MARKET, BY TYPE, 2021 & 2028 (IN %)

FIGURE 12: GLOBAL CARDIOVASCULAR ULTRASOUND MARKET, BY TRANSTHORACIC ECHOCARDIOGRAPHY, 2022-2028 (IN $ MILLION)

FIGURE 13: GLOBAL CARDIOVASCULAR ULTRASOUND MARKET, BY FETAL ECHOCARDIOGRAPHY, 2022-2028 (IN $ MILLION)

FIGURE 14: GLOBAL CARDIOVASCULAR ULTRASOUND MARKET, BY TRANSESOPHAGEAL ECHOCARDIOGRAPHY, 2022-2028 (IN $ MILLION)

FIGURE 15: GLOBAL CARDIOVASCULAR ULTRASOUND MARKET, BY OTHER TYPES, 2022-2028 (IN $ MILLION)

FIGURE 16: GLOBAL CARDIOVASCULAR ULTRASOUND MARKET, BY END-USER, 2021 & 2028 (IN %)

FIGURE 17: GLOBAL CARDIOVASCULAR ULTRASOUND MARKET, BY HOSPITALS, 2022-2028 (IN $ MILLION)

FIGURE 18: GLOBAL CARDIOVASCULAR ULTRASOUND MARKET, BY DIAGNOSTIC CENTERS, 2022-2028 (IN $ MILLION)

FIGURE 19: GLOBAL CARDIOVASCULAR ULTRASOUND MARKET, BY AMBULATORY CARE CENTERS, 2022-2028 (IN $ MILLION)

FIGURE 20: GLOBAL CARDIOVASCULAR ULTRASOUND MARKET, BY OTHER END-USERS, 2022-2028 (IN $ MILLION)

FIGURE 21: GLOBAL CARDIOVASCULAR ULTRASOUND MARKET, REGIONAL OUTLOOK, 2021 & 2028 (IN %)

FIGURE 22: UNITED STATES CARDIOVASCULAR ULTRASOUND MARKET 2022-2028 (IN $ MILLION)

FIGURE 23: CANADA CARDIOVASCULAR ULTRASOUND MARKET 2022-2028 (IN $ MILLION)

FIGURE 24: UNITED KINGDOM CARDIOVASCULAR ULTRASOUND MARKET 2022-2028 (IN $ MILLION)

FIGURE 25: GERMANY CARDIOVASCULAR ULTRASOUND MARKET 2022-2028 (IN $ MILLION)

FIGURE 26: FRANCE CARDIOVASCULAR ULTRASOUND MARKET 2022-2028 (IN $ MILLION)

FIGURE 27: SPAIN CARDIOVASCULAR ULTRASOUND MARKET 2022-2028 (IN $ MILLION)

FIGURE 28: ITALY CARDIOVASCULAR ULTRASOUND MARKET 2022-2028 (IN $ MILLION)

FIGURE 29: REST OF EUROPE CARDIOVASCULAR ULTRASOUND MARKET 2022-2028 (IN $ MILLION)

FIGURE 30: CHINA CARDIOVASCULAR ULTRASOUND MARKET 2022-2028 (IN $ MILLION)

FIGURE 31: JAPAN CARDIOVASCULAR ULTRASOUND MARKET 2022-2028 (IN $ MILLION)

FIGURE 32: INDIA CARDIOVASCULAR ULTRASOUND MARKET 2022-2028 (IN $ MILLION)

FIGURE 33: SOUTH KOREA CARDIOVASCULAR ULTRASOUND MARKET 2022-2028 (IN $ MILLION)

FIGURE 34: ASEAN COUNTRIES CARDIOVASCULAR ULTRASOUND MARKET 2022-2028 (IN $ MILLION)

FIGURE 35: AUSTRALIA & NEW ZEALAND CARDIOVASCULAR ULTRASOUND MARKET 2022-2028 (IN $ MILLION)

FIGURE 36: REST OF ASIA-PACIFIC CARDIOVASCULAR ULTRASOUND MARKET 2022-2028 (IN $ MILLION)

FIGURE 37: BRAZIL CARDIOVASCULAR ULTRASOUND MARKET 2022-2028 (IN $ MILLION)

FIGURE 38: MEXICO CARDIOVASCULAR ULTRASOUND MARKET 2022-2028 (IN $ MILLION)

FIGURE 39: REST OF LATIN AMERICA CARDIOVASCULAR ULTRASOUND MARKET 2022-2028 (IN $ MILLION)

FIGURE 40: UNITED ARAB EMIRATES CARDIOVASCULAR ULTRASOUND MARKET 2022-2028 (IN $ MILLION)

FIGURE 41: SAUDI ARABIA CARDIOVASCULAR ULTRASOUND MARKET 2022-2028 (IN $ MILLION)

FIGURE 42: TURKEY CARDIOVASCULAR ULTRASOUND MARKET 2022-2028 (IN $ MILLION)

FIGURE 43: SOUTH AFRICA CARDIOVASCULAR ULTRASOUND MARKET 2022-2028 (IN $ MILLION)

FIGURE 44: REST OF MIDDLE EAST & AFRICA CARDIOVASCULAR ULTRASOUND MARKET 2022-2028 (IN $ MILLION)

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