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Cardiovascular Ultrasound System Market : Overview, Growth Factors and Competitive Players till 2028

Echocardiography is a painless test that uses sound waves to produce moving pictures of the heart. The global cardiovascular ultrasound system market report has been segmented on the basis of product, technology, device display, end user, and region.

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Increasing prevalence of cardiovascular diseases is a major factor expected to propel the growth of the market over the forecast period. Technological innovations in echocardiography by manufacturers operating in market is other factor expected to support the growth of the global echocardiography market over the forecast period. Various advantages of echocardiography over invasive cardiac diagnostic procedures is another factor expected to contribute to the market growth over the forecast period. However, lack of reimbursement is major factor expected to limit the growth of the market.

Based on technology, the global echocardiography market is segmented based on 2D, 3D and 4D, and Doppler imaging. The 3D and 4D segment is expected to register highest growth rate over the forecast period as it requires short scanning time and provides better image resolution.

Regional segmentation includes North America, Europe, Latin America, Asia Pacific and Middle East and Africa. Europe contributes major market share and expected to maintain its dominance over the forecast period owing preference of non-invasive and painless diagnostic procedure in the region. Asia Pacific region is expected to witness rapid growth rate over the forecast period. Countries like China and India is expected to support the growth of Asia Pacific market, owing to increasing number cases of cardiovascular diseases in near future coupled with rising awareness regarding non-invasive diagnostic procedures in the region.

Some prominent players in the global echocardiography market are General Electric Company, Philips Healthcare, Siemens Healthcare, Absolute Medical Services, Inc., Toshiba Medical .Systems Corporation, Samsung Electronics Co., Ltd., Fujifilm Holdings Corporation, Esaote S.P.A., Chison Medical Imaging Co., Ltd., and The Bracco Group.

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Last Updated: 03-Mar-2019