Echocardiography Market
Echocardiography Market Study by 2D Echocardiography Devices, 3D/4D Echocardiography Devices, Doppler Echocardiography Devices for Hospitals, Diagnostic Centers, and Clinics from 2024 to 2034
Analysis of Echocardiography Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Echocardiography Market Outlook (2024 to 2034)
The global echocardiography market size is approximated at a value of US$ 2 billion in 2024. As per the detailed industry analysis by Fact.MR, worldwide sales of echocardiography solutions and systems are calculated to increase at a CAGR of 6.5% and reach US$ 3.8 billion by 2034.
Rapid penetration of advanced technologies, including artificial intelligence (AI) and machine learning (ML), is set to offer high-growth opportunities for market players. Healthcare providers are significantly investing in producing advanced transthoracic echocardiography devices, attributed to their non-invasive nature and improved patient outcomes, while mobile and portable devices are likely to steal the spotlight over the coming years.
In 2019, the market was valued at US$ 1.5 billion. Market growth is being driven by the increasing pool of cardiac patients across the world, mainly due to sedentary lifestyles and an uptick in the geriatric population pool.
Rising demand for mobile and portable/handheld devices is one of the notable echocardiography market trends. Increasing cases of coronavirus variants across the world is also expected to positively influence the sales growth of echocardiography (ECG) systems in the years ahead.
- The North American echocardiography market size is evaluated at US$ 500 million in 2024.
- East Asia is projected to capture 23.1% of the global echocardiography market share by 2034.
| Report Attributes | Detail |
|---|---|
| Echocardiography Market Size (2024E) | US$ 2 Billion |
| Forecasted Market Value (2034F) | US$ 3.8 Billion |
| Global Market Growth Rate (2024 to 2034) | 6.5% CAGR |
| South Korea Share in the East Asia Market (2034F) | 23.1% |
| Stress Echocardiogram Test Demand Growth Rate (2024 to 2034) | 8.2% CAGR |
| Key Companies Profiled | GE Healthcare; General Electric Company; Koninklijke Philips N.V; Canon Medical Systems Corporation; Esaote S.p.A.; Samsung Electronics Co. Ltd.; Mindray Medical International Limited; Shimadzu Corporation; Fujifilm Holdings Corporation; Hitachi Medical Corporation; Analogic Corporation; Bay Labs Inc.; Esaote S.p.A; Bracco Imaging S.p.A.; ContextVision AB; Siemens Healthineers AG; Digirad Corporation; TELEMED Medical Systems. |
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Why are ECG Devices in Such High Demand?
“Integration of Digital Technologies Offering Advanced Echocardiography Devices”
Cardiac ultrasound companies are focused on the introduction of innovative devices to enhance cardiac imaging. Artificial intelligence is becoming a fast-growing phenomenon in the field of echocardiography, enabling rapid automation and functions of devices and systems.
- EchoNous, a prominent software development company, offers the 'Kosmos System', which delivers point-of-care ultrasound (POCUS) by uniting AI with handheld ultrasound that empowers physicians to act quickly.
Key players in the echocardiography market are collaborating with software companies to develop digital apps capable of calculating ejection fraction in seconds. These software apps made using digital technologies such as artificial intelligence, machine learning, the Internet of Things, Internet of Robotics, big data analytics, and predictive analysis are accelerating medical diagnosis as they support physicians through cardiac scanning with auto labeling, guiding, and grading.
Swift advancements in pulse Doppler ultrasound are enabling reliable probes capable of being inserted into the esophagus to improve the resolution of heart images.
Leading echocardiography companies are also increasing their R&D in acoustic quantification of techniques assisting in the detection and monitoring of the boundary between the inner edge of the myocardium and the blood pool.
Healthcare companies are making additional efforts to increase the accuracy of echocardiography outcomes that can determine the amount of blood supplied to different regions of the heart walls. They are also using the latest ECG cables and wires to develop reliable ECG monitoring solutions Thus, all these aspects are contributing to overall echocardiography market growth.
What is Lowering Adoption of ECG Machines in Some Healthcare Settings?
“High Cost of Echocardiogram Machines Hindering Use in Budget-Constraint Healthcare Facilities”
Echocardiogram machines are less painful and more effective compared to cardiac diagnostic procedures. However, high cost of echocardiogram machines is limiting their adoption to some extent. Compared to ultrasound devices, the price of echo devices is higher and healthcare settings working on tight budgets are deterred from deploying these machines.
Factors influencing the price of echocardiography (ECG) machines are the type, form, and technology used. Handheld cardiac ultrasound devices, due to their compact screen, exhibit less usage.
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Start-Up Ecosystem
- United States-based start-up Biosense manufactures non-contact ECG sensors. These sensors are thin and flexible and work through multiple layers of fabric.
- Neuraura is a Canadian start-up that offers wireless wearable EEG devices. The wireless wearable EEG device is equipped with sensors to collect and process EEG data using Neuraura’s visualization software. This ECG device offered by Neuraura is said to be quick in patient diagnosis and monitoring.
Country-wise Analysis
What’s Driving Echocardiography Technology Sales in the United States?
“High Prevalence of Cardiovascular Disorders in the Country”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 200 Million |
| Growth Rate (2024 to 2034) | 6.9% CAGR |
| Projected Value (2034F) | US$ 389.77 Million |
The United States is set to generate credible expansion opportunities for echocardiography test solution providers in the long run, majorly driven by heavy investments in furthering cardiovascular care. Being one of the epicenters of heart problems, healthcare providers are leveraging technological developments to enhance care disbursement. Demand for transthoracic echocardiogram tests is anticipated to exhibit a notable rise over the coming years, along with cardiac ultrasound systems in the United States.
- According to the Centers for Disease Control and Prevention, in the United States, heart-related disorders are the leading cause of death.
- As per the same source, one person dies every 33 seconds in the United States due to cardiovascular disease.
Will Japan be a Profitable Market for ECG Manufacturers?
“High Demand for Innovative Electrocardiograms”
| Attribute | Japan |
|---|---|
| Market Value (2024E) | US$ 00 Million |
| Growth Rate (2024 to 2034) | 7% CAGR |
| Projected Value (2034F) | US$ 196.72 Million |
Portable and compact electrocardiograms (ECGs) are exhibiting high demand in home healthcare settings across Japan. High presence of an aging population who are more prone to chronic disorders, including heart-related diseases, is driving the demand for ECG monitoring devices. Japan is also at the forefront of innovations in the medical field. Growing demand for wireless ECG machines to diagnose and monitor patients remotely is expected to influence market growth in Japan.
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Category-wise Analysis
Why are Transthoracic Echocardiogram Machines So Popular?
“Unique Characteristics Such as Non-Invasive Nature of Transthoracic Echocardiogram Systems”
| Attribute | Transthoracic Echocardiogram Testing Machines |
|---|---|
| Segment Value (2024E) | US$ 800 Million |
| Growth Rate (2024 to 2034) | 6.3% CAGR |
| Projected Value (2034F) | US$ 1.5 Billion |
Transthoracic echocardiograms are expected to remain the most preferred testing technology, attributed to their non-invasive nature, using high-frequency ultrasound to generate mobile heart images through the chest wall.
- Aurora Healthcare, a prominent echocardiography service provider, stands out in the transthoracic echocardiogram segment as it offers advanced 4D ultrasound imaging systems to get a proper view of heart health.
Which Type of Echocardiography Device is Widely Utilized in Healthcare Settings?
“Cart-/Trolley-based Echocardiography Devices Hold Leading Market Share”
In recent years, healthcare providers have exhibited a significant tilt toward mobile cart/trolley-based echocardiography devices, amid the prevailing trend toward smaller, more compact, mobile ECG monitoring systems. Also, handheld/portable echocardiography devices are expected to exhibit an impressive uptake in demand over the coming years, with key players equipping devices with such technological advancements as Bluetooth connectivity and data collection and assimilation software.
Why are 3D/4D Echocardiography Technologies Gaining Traction?
“Ability to Provide Efficient Real-time Information of Hearth Health”
| Attribute | 3D/4D Echocardiography Devices |
|---|---|
| Segment Value (2024E) | US$ 700 Million |
| Growth Rate (2024 to 2034) | 6.8% CAGR |
| Projected Value (2034F) | US$ 1.4 Billion |
Demand for 3D/4D echocardiography technologies is anticipated to surge, owing to their ability to provide real-time imaging data, enabling surgeons to make timely diagnostic decisions. These systems also aid in offering real-time guidance for complex ablation procedures and precise assessment of cardiac dyssynchrony. In the ablation area, 3D/4D echocardiography enhances performance during complex arrhythmias.
Competitive Landscape
Integration of advanced technologies, product portfolio expansion, mergers & acquisitions, and enhancing R&D capacities are some of the core marketing tactics of several echocardiography providers.
- In June 2022, Clarius Mobile Health announced a partnership with ImaCor Inc. for the commercialization of the world’s first handheld transesophageal echocardiography (TEE) system. This system has received FDA clearance and is expected to be effective in taking care of critical patients in ICU (Intensive Care Unit).
- In 2018, Koninklijke Philips N.V. introduced the EPIQ CVx cardiac ultrasound solution providing anatomical intelligence for improving diagnostic outcomes via enhanced surgical site image quality.
Fact.MR provides detailed information about the price points of key producers of echocardiography machines positioned across the world, sales growth, production capacity, and speculative technological expansion, in the recently updated market report.
Key Segments of Echocardiography Market Research
-
By Test :
- Transthoracic Echocardiogram Tests
- Stress Echocardiogram Tests
- Transesophageal Echocardiogram Tests
- Others
-
By Product Type :
- Cart-/Trolley-based Echocardiography Devices
- Handheld/Portable Echocardiography Devices
-
By Technology :
- 2D Echocardiography Devices
- 3D/4D Echocardiography Devices
- Doppler Echocardiography Devices
-
By End User :
- Hospitals
- Diagnostic Centers
- Clinics
- Others
-
By Region :
- North America
- Latin America
- Western Europe
- Eastern Europe
- East Asia
- South Asia & Pacific
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Industry Introduction, including Taxonomy and Market Definition
- 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
- 4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections
- 5. Pricing Analysis
- 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034
- 6.1. Test
- 6.2. Product Type
- 6.3. Technology
- 6.4. End User
- 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Test
- 7.1. Transthoracic Echocardiogram Tests
- 7.2. Stress Echocardiogram Tests
- 7.3. Transesophageal Echocardiogram Tests
- 7.4. Others
- 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Product Type
- 8.1. Cart-/Trolley-based Devices
- 8.2. Handheld/Portable Devices
- 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Technology
- 9.1. 2D Devices
- 9.2. 3D/4D Devices
- 9.3. Doppler Devices
- 10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by End User
- 10.1. Hospitals
- 10.2. Diagnostic Centers
- 10.3. Clinics
- 10.4. Others
- 11. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region
- 11.1. North America
- 11.2. Latin America
- 11.3. Western Europe
- 11.4. Eastern Europe
- 11.5. East Asia
- 11.6. South Asia & Pacific
- 11.7. Middle East & Africa
- 12. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 13. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 14. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 15. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 16. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 17. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 18. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 19. Sales Forecast 2024 to 2034 by Test, Product Type, Technology, End User, and Region for 30 Countries
- 20. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
- 21. Company Profile
- 21.1. GE Healthcare
- 21.2. General Electric Company
- 21.3. Koninklijke Philips N.V
- 21.4. Canon Medical Systems Corporation
- 21.5. Esaote S.p.A.
- 21.6. Samsung Electronics Co. Ltd.
- 21.7. Mindray Medical International Limited
- 21.8. Shimadzu Corporation
- 21.9. Fujifilm Holdings Corporation
- 21.10. Hitachi Medical Corporation
- 21.11. Analogic Corporation
- 21.12. Bay Labs Inc.
- 21.13. Esaote S.p.A
- 21.14. Bracco Imaging S.p.A.
- 21.15. ContextVision AB
- 21.16. Siemens Healthineers AG
- 21.17. Digirad Corporation
- 21.18. TELEMED Medical Systems
- 22. Assumptions and Acronyms Used
- 23. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn) Analysis, by Test, 2019 to 2023
Table 02: Global Market Value (US$ Mn) Analysis, by Test, 2024 to 2034
Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Test, 2024 to 2034
Table 04: Global Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 05: Global Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 07: Global Market Value (US$ Mn) Analysis, by Technology, 2019 to 2023
Table 08: Global Market Value (US$ Mn) Analysis, by Technology, 2024 to 2034
Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by Technology, 2024 to 2034
Table 10: Global Market Value (US$ Mn) Analysis, by End User, 2019 to 2023
Table 11: Global Market Value (US$ Mn) Analysis, by End User, 2024 to 2034
Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by End User, 2024 to 2034
Table 13: Global Market Value (US$ Mn) Analysis, by Region, 2019 to 2023
Table 14: Global Market Value (US$ Mn) Analysis, by Region, 2024 to 2034
Table 15: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2024 to 2034
Table 16: North America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 17: North America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 19: North America Market Value (US$ Mn) Analysis, by Test, 2019 to 2023
Table 20: North America Market Value (US$ Mn) Analysis, by Test, 2024 to 2034
Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Test, 2024 to 2034
Table 22: North America Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 23: North America Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 25: North America Market Value (US$ Mn) Analysis, by Technology, 2019 to 2023
Table 26: North America Market Value (US$ Mn) Analysis, by Technology, 2024 to 2034
Table 27: North America Market Value (US$ Mn) Opportunity Analysis, by Technology, 2024 to 2034
Table 28: North America Market Value (US$ Mn) Analysis, by End User, 2019 to 2023
Table 29: North America Market Value (US$ Mn) Analysis, by End User, 2024 to 2034
Table 30: North America Market Value (US$ Mn) Opportunity Analysis, by End User, 2024 to 2034
Table 31: Latin America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 32: Latin America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 34: Latin America Market Value (US$ Mn) Analysis, by Test, 2019 to 2023
Table 35: Latin America Market Value (US$ Mn) Analysis, by Test, 2024 to 2034
Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by Test, 2024 to 2034
Table 37: Latin America Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 38: Latin America Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 39: Latin America Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 40: Latin America Market Value (US$ Mn) Analysis, by Technology, 2019 to 2023
Table 41: Latin America Market Value (US$ Mn) Analysis, by Technology, 2024 to 2034
Table 42: Latin America Market Value (US$ Mn) Opportunity Analysis, by Technology, 2024 to 2034
Table 43: Latin America Market Value (US$ Mn) Analysis, by End User, 2019 to 2023
Table 44: Latin America Market Value (US$ Mn) Analysis, by End User, 2024 to 2034
Table 45: Latin America Market Value (US$ Mn) Opportunity Analysis, by End User, 2024 to 2034
Table 46: Western Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 47: Western Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 48: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 49: Western Europe Market Value (US$ Mn) Analysis, by Test, 2019 to 2023
Table 50: Western Europe Market Value (US$ Mn) Analysis, by Test, 2024 to 2034
Table 51: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Test, 2024 to 2034
Table 52: Western Europe Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 53: Western Europe Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 54: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 55: Western Europe Market Value (US$ Mn) Analysis, by Technology, 2019 to 2023
Table 56: Western Europe Market Value (US$ Mn) Analysis, by Technology, 2024 to 2034
Table 57: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Technology, 2024 to 2034
Table 58: Western Europe Market Value (US$ Mn) Analysis, by End User, 2019 to 2023
Table 59: Western Europe Market Value (US$ Mn) Analysis, by End User, 2024 to 2034
Table 60: Western Europe Market Value (US$ Mn) Opportunity Analysis, by End User, 2024 to 2034
Table 61: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 62: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 63: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 64: Eastern Europe Market Value (US$ Mn) Analysis, by Test, 2019 to 2023
Table 65: Eastern Europe Market Value (US$ Mn) Analysis, by Test, 2024 to 2034
Table 66: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Test, 2024 to 2034
Table 67: Eastern Europe Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 68: Eastern Europe Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 69: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 70: Eastern Europe Market Value (US$ Mn) Analysis, by Technology, 2019 to 2023
Table 71: Eastern Europe Market Value (US$ Mn) Analysis, by Technology, 2024 to 2034
Table 72: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Technology, 2024 to 2034
Table 73: Eastern Europe Market Value (US$ Mn) Analysis, by End User, 2019 to 2023
Table 74: Eastern Europe Market Value (US$ Mn) Analysis, by End User, 2024 to 2034
Table 75: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by End User, 2024 to 2034
Table 76: East Asia Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 77: East Asia Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 78: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 79: East Asia Market Value (US$ Mn) Analysis, by Test, 2019 to 2023
Table 80: East Asia Market Value (US$ Mn) Analysis, by Test, 2024 to 2034
Table 81: East Asia Market Value (US$ Mn) Opportunity Analysis, by Test, 2024 to 2034
Table 82: East Asia Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 83: East Asia Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 84: East Asia Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 85: East Asia Market Value (US$ Mn) Analysis, by Technology, 2019 to 2023
Table 86: East Asia Market Value (US$ Mn) Analysis, by Technology, 2024 to 2034
Table 87: East Asia Market Value (US$ Mn) Opportunity Analysis, by Technology, 2024 to 2034
Table 88: East Asia Market Value (US$ Mn) Analysis, by End User, 2019 to 2023
Table 89: East Asia Market Value (US$ Mn) Analysis, by End User, 2024 to 2034
Table 90: East Asia Market Value (US$ Mn) Opportunity Analysis, by End User, 2024 to 2034
Table 91: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 92: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 93: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 94: South Asia & Pacific Market Value (US$ Mn) Analysis, by Test, 2019 to 2023
Table 95: South Asia & Pacific Market Value (US$ Mn) Analysis, by Test, 2024 to 2034
Table 96: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Test, 2024 to 2034
Table 97: South Asia & Pacific Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 98: South Asia & Pacific Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 99: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 100: South Asia & Pacific Market Value (US$ Mn) Analysis, by Technology, 2019 to 2023
Table 101: South Asia & Pacific Market Value (US$ Mn) Analysis, by Technology, 2024 to 2034
Table 102: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Technology, 2024 to 2034
Table 103: South Asia & Pacific Market Value (US$ Mn) Analysis, by End User, 2019 to 2023
Table 104: South Asia & Pacific Market Value (US$ Mn) Analysis, by End User, 2024 to 2034
Table 105: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by End User, 2024 to 2034
Table 106: MEA Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 107: MEA Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 108: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 109: MEA Market Value (US$ Mn) Analysis, by Test, 2019 to 2023
Table 110: MEA Market Value (US$ Mn) Analysis, by Test, 2024 to 2034
Table 111: MEA Market Value (US$ Mn) Opportunity Analysis, by Test, 2024 to 2034
Table 112: MEA Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 113: MEA Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 114: MEA Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 115: MEA Market Value (US$ Mn) Analysis, by Technology, 2019 to 2023
Table 116: MEA Market Value (US$ Mn) Analysis, by Technology, 2024 to 2034
Table 117: MEA Market Value (US$ Mn) Opportunity Analysis, by Technology, 2024 to 2034
Table 118: MEA Market Value (US$ Mn) Analysis, by End User, 2019 to 2023
Table 119: MEA Market Value (US$ Mn) Analysis, by End User, 2024 to 2034
Table 120: MEA Market Value (US$ Mn) Opportunity Analysis, by End User, 2024 to 2034
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List Of Figures
Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 04: Global Market Incremental $ Opportunity, 2024 to 2034
Figure 05: Global Market Share and BPS Analysis by Test, 2024 & 2034
Figure 06: Global Market Y-o-Y Growth Projections by Test, 2024 to 2034
Figure 07: Global Market Attractiveness Analysis by Test, 2024 to 2034
Figure 08: Global Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 09: Global Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 10: Global Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 11: Global Market Share and BPS Analysis by Technology, 2024 & 2034
Figure 12: Global Market Y-o-Y Growth Projections by Technology, 2024 to 2034
Figure 13: Global Market Attractiveness Analysis by Technology, 2024 to 2034
Figure 14: Global Market Share and BPS Analysis by End User, 2024 & 2034
Figure 15: Global Market Y-o-Y Growth Projections by End User, 2024 to 2034
Figure 16: Global Market Attractiveness Analysis by End User, 2024 to 2034
Figure 17: Global Market Share and BPS Analysis by Region, 2024 & 2034
Figure 18: Global Market Y-o-Y Growth Projections by Region, 2024 to 2034
Figure 19: Global Market Attractiveness Analysis by Region, 2024 to 2034
Figure 20: North America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 21: North America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 22: North America Market Value Y-o-Y Growth and Forecast, 2034
Figure 23: North America Market Incremental $ Opportunity, 2024 to 2034
Figure 24: North America Market Share Analysis by Country, 2024 & 2034
Figure 25: North America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 26: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 27: North America Market Share and BPS Analysis by Test, 2024 & 2034
Figure 28: North America Market Y-o-Y Growth Projections by Test, 2024 to 2034
Figure 29: North America Market Attractiveness Analysis by Test, 2024 to 2034
Figure 30: North America Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 31: North America Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 32: North America Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 33: North America Market Share and BPS Analysis by Technology, 2024 & 2034
Figure 34: North America Market Y-o-Y Growth Projections by Technology, 2024 to 2034
Figure 35: North America Market Attractiveness Analysis by Technology, 2024 to 2034
Figure 36: North America Market Share and BPS Analysis by End User, 2024 & 2034
Figure 37: North America Market Y-o-Y Growth Projections by End User, 2024 to 2034
Figure 38: North America Market Attractiveness Analysis by End User, 2024 to 2034
Figure 39: Latin America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 40: Latin America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 41: Latin America Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 42: Latin America Market Incremental $ Opportunity, 2024 to 2034
Figure 43: Latin America Market Share Analysis by Country, 2024 & 2034
Figure 44: Latin America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 45: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 46: Latin America Market Share and BPS Analysis by Test, 2024 & 2034
Figure 47: Latin America Market Y-o-Y Growth Projections by Test, 2024 to 2034
Figure 48: Latin America Market Attractiveness Analysis by Test, 2024 to 2034
Figure 49: Latin America Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 50: Latin America Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 51: Latin America Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 52: Latin America Market Share and BPS Analysis by Technology, 2024 & 2034
Figure 53: Latin America Market Y-o-Y Growth Projections by Technology, 2024 to 2034
Figure 54: Latin America Market Attractiveness Analysis by Technology, 2024 to 2034
Figure 55: Latin America Market Share and BPS Analysis by End User, 2024 & 2034
Figure 56: Latin America Market Y-o-Y Growth Projections by End User, 2024 to 2034
Figure 57: Latin America Market Attractiveness Analysis by End User, 2024 to 2034
Figure 58: Western Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 59: Western Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 60: Western Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 61: Western Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 62: Western Europe Market Share Analysis by Country, 2024 & 2034
Figure 63: Western Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 64: Western Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 65: Western Europe Market Share and BPS Analysis by Test, 2024 & 2034
Figure 66: Western Europe Market Y-o-Y Growth Projections by Test, 2024 to 2034
Figure 67: Western Europe Market Attractiveness Analysis by Test, 2024 to 2034
Figure 68: Western Europe Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 69: Western Europe Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 70: Western Europe Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 71: Western Europe Market Share and BPS Analysis by Technology, 2024 & 2034
Figure 72: Western Europe Market Y-o-Y Growth Projections by Technology, 2024 to 2034
Figure 73: Western Europe Market Attractiveness Analysis by Technology, 2024 to 2034
Figure 74: Western Europe Market Share and BPS Analysis by End User, 2024 & 2034
Figure 75: Western Europe Market Y-o-Y Growth Projections by End User, 2024 to 2034
Figure 76: Western Europe Market Attractiveness Analysis by End User, 2024 to 2034
Figure 77: Eastern Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 78: Eastern Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 79: Eastern Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 80: Eastern Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 81: Eastern Europe Market Share Analysis by Country, 2024 & 2034
Figure 82: Eastern Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 83: Eastern Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 84: Eastern Europe Market Share and BPS Analysis by Test, 2024 & 2034
Figure 85: Eastern Europe Market Y-o-Y Growth Projections by Test, 2024 to 2034
Figure 86: Eastern Europe Market Attractiveness Analysis by Test, 2024 to 2034
Figure 87: Eastern Europe Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 88: Eastern Europe Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 89: Eastern Europe Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 90: Eastern Europe Market Share and BPS Analysis by Technology, 2024 & 2034
Figure 91: Eastern Europe Market Y-o-Y Growth Projections by Technology, 2024 to 2034
Figure 92: Eastern Europe Market Attractiveness Analysis by Technology, 2024 to 2034
Figure 93: Eastern Europe Market Share and BPS Analysis by End User, 2024 & 2034
Figure 94: Eastern Europe Market Y-o-Y Growth Projections by End User, 2024 to 2034
Figure 95: Eastern Europe Market Attractiveness Analysis by End User, 2024 to 2034
Figure 96: East Asia Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 97: East Asia Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 98: East Asia Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 99: East Asia Market Incremental $ Opportunity, 2024 to 2034
Figure 100: East Asia Market Share Analysis by Country, 2024 & 2034
Figure 101: East Asia Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 102: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 103: East Asia Market Share and BPS Analysis by Test, 2024 & 2034
Figure 104: East Asia Market Y-o-Y Growth Projections by Test, 2024 to 2034
Figure 105: East Asia Market Attractiveness Analysis by Test, 2024 to 2034
Figure 106: East Asia Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 107: East Asia Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 108: East Asia Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 109: East Asia Market Share and BPS Analysis by Technology, 2024 & 2034
Figure 110: East Asia Market Y-o-Y Growth Projections by Technology, 2024 to 2034
Figure 111: East Asia Market Attractiveness Analysis by Technology, 2024 to 2034
Figure 112: East Asia Market Share and BPS Analysis by End User, 2024 & 2034
Figure 113: East Asia Market Y-o-Y Growth Projections by End User, 2024 to 2034
Figure 114: East Asia Market Attractiveness Analysis by End User, 2024 to 2034
Figure 115: South Asia & Pacific Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 116: South Asia & Pacific Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 117: South Asia & Pacific Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 118: South Asia & Pacific Market Incremental $ Opportunity, 2024 to 2034
Figure 119: South Asia & Pacific Market Share Analysis by Country, 2024 & 2034
Figure 120: South Asia & Pacific Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 121: South Asia & Pacific Market Attractiveness Analysis by Country, 2024 to 2034
Figure 122: South Asia & Pacific Market Share and BPS Analysis by Test, 2024 & 2034
Figure 123: South Asia & Pacific Market Y-o-Y Growth Projections by Test, 2024 to 2034
Figure 124: South Asia & Pacific Market Attractiveness Analysis by Test, 2024 to 2034
Figure 125: South Asia & Pacific Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 126: South Asia & Pacific Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 127: South Asia & Pacific Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 128: South Asia & Pacific Market Share and BPS Analysis by Technology, 2024 & 2034
Figure 129: South Asia & Pacific Market Y-o-Y Growth Projections by Technology, 2024 to 2034
Figure 130: South Asia & Pacific Market Attractiveness Analysis by Technology, 2024 to 2034
Figure 131: South Asia & Pacific Market Share and BPS Analysis by End User, 2024 & 2034
Figure 132: South Asia & Pacific Market Y-o-Y Growth Projections by End User, 2024 to 2034
Figure 133: South Asia & Pacific Market Attractiveness Analysis by End User, 2024 to 2034
Figure 134: MEA Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 135: MEA Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 136: MEA Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 137: MEA Market Incremental $ Opportunity, 2024 to 2034
Figure 138: MEA Market Share Analysis by Country, 2024 & 2034
Figure 139: MEA Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 140: MEA Market Attractiveness Analysis by Country, 2024 to 2034
Figure 141: MEA Market Share and BPS Analysis by Test, 2024 & 2034
Figure 142: MEA Market Y-o-Y Growth Projections by Test, 2024 to 2034
Figure 143: MEA Market Attractiveness Analysis by Test, 2024 to 2034
Figure 144: MEA Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 145: MEA Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 146: MEA Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 147: MEA Market Share and BPS Analysis by Technology, 2024 & 2034
Figure 148: MEA Market Y-o-Y Growth Projections by Technology, 2024 to 2034
Figure 149: MEA Market Attractiveness Analysis by Technology, 2024 to 2034
Figure 150: MEA Market Share and BPS Analysis by End User, 2024 & 2034
Figure 151: MEA Market Y-o-Y Growth Projections by End User, 2024 to 2034
Figure 152: MEA Market Attractiveness Analysis by End User, 2024 to 2034
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- FAQs -
How big is the echocardiography market?
The global echocardiography market is evaluated at US$ 2 billion in 2024.
What is the future of echocardiography for the decade?
Demand for echocardiography technologies is forecasted to increase at a CAGR of 6.5% from 2024 to 2034.
What is the projected market value for echocardiography by 2034?
Sales of echocardiography machines are calculated to reach US$ 3.8 billion by 2034.
Which echocardiography is the best?
Transthoracic echocardiography is expected to hold 39.6% of the global market share in 2024.
Which is a key regional market for echocardiography machines?
North America is forecasted to capture 24.3% of the global market share by 2034.
What is the demand outlook for echocardiography solutions in South Korea?
The South Korea market is foreseen to increase at a CAGR of 7.3% through 2034.
Who are the top producers of echocardiography machines?
Top market players are GE Healthcare, General Electric Company, Koninklijke Philips N.V., Canon Medical Systems Corporation, and Esaote S.p.A.
How many echocardiograms are performed each year in the United States?
According to the National Center of Biotechnology Information 2023 report, around 7.1 million echocardiograms are performed yearly in the United States.
Echocardiography Market