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Global Cardiovascular Ultrasound System Market 2021-2026 Study & Future Prospects Including key players | GENERAL ELECTRIC, Siemens, Hitachi Ltd, Koninklijke Philips N.V., CANON MEDICAL SYSTEMS CORPORATION added a new study on Global Cardiovascular Ultrasound System Market Research Review 2021 that has been just made available providing an extensive knowledge and perceptions of the industry. In order to build a through future prospect for the Global Cardiovascular Ultrasound System Market, the current and historical data has been gathered, classified and analyzed. Major industry experts and analysts examining the industry were interviewed to obtain the data validating through secondary research findings.

Global Cardiovascular Ultrasound System Market Report contains key drivers and Restraints of the market with their information and market competition situation among the vendors and company profile. Product picture, specification, classification, category are also mentioned. Comprehensively evaluates absolute scrutiny of the competitive landscape, covering value chain and key players.

Global Cardiovascular Ultrasound System Market is registering a substantial CAGR of 5.45% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. The rise in the market can be attributed due to various advancements and availability of portable diagnostic ultrasound systems and surging penetration of healthcare insurance is contributing to the growth of the market. Few of the major market competitors currently working in the global cardiovascular ultrasound system market are GENERAL ELECTRIC, Siemens, Hitachi Ltd, Koninklijke Philips N.V., CANON MEDICAL SYSTEMS CORPORATION, ESAOTE SPA, SAMSUNG, Shenzhen Mindray Bio-Medical Electronics Co. Ltd., FUJIFILM Holdings Corporation, KPI Healthcare Inc., Whale Imaging, Ultrasound Technologies Ltd., Unetixs Vascular Inc., Supersonic Imagine, Trivitron Healthcare, Atys medical, Medtronic, Stryker, Boston Scientific Corporation, Abbott and Cardinal Health among others.

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Global Cardiovascular Ultrasound System Market By Test Type (Transthoracic Echocardiogram, Transesophageal Echocardiogram, Stress Echocardiogram, Other Echocardiograms), Technology (2D Ultrasound, 3D & 4D Ultrasound, Doppler Imaging), Device Display (Color Display, Black & White (B/W) Display), End User (Hospital and Cardiology Centers, Home and Ambulatory Care Settings, Research Institutes, Medical Device and Pharmaceutical Companies, Other End Users), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

Competitive Analysis:

Global cardiovascular ultrasound system market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of cardiovascular ultrasound system market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Market Definition: 

Cardiovascular ultrasound system refers to the medical diagnostic of cardiovascular diseases. The system provides the images of the heart and the valves which assist the doctors and surgeons in surgical procedures and treatment. The cardiovascular ultrasound system can have a color display as well as black and white display. There are various tests done such as a transthoracic echocardiogram, transesophageal echocardiogram and stress echocardiogram. Cardiovascular ultrasound system is usually used in the hospitals and clinics.

Reasons to Purchase this Report

  • Current and future of global cardiovascular ultrasound system market outlook in the developed and emerging markets
  • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
  • Regions/Countries that are expected to witness the fastest growth rates during the forecast period
  • The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

  • All segmentation provided above in this report is represented at country level
  • All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

Market Drivers

  • The rising incidences of cardiovascular diseases is driving the market growth
  • The innovations and technological advancements have boosted the market growth
  • The various benefits of echocardiography over invasive cardiac diagnostic procedures is driving the market growth
  • The surge in the preventive medicine has boosted the market growth

Market Restraints

  • The unfavorable reimbursement scenario is hindering the market growth
  • The adoption of new technology has various impacts which hampers the market growth
  • The regulatory policies and compliances had hindered the market growth

Research objectives

  • To perceive the most influencing pivoting and hindering forces in Cardiovascular Ultrasound System Market and its footprint in the international market.
  • Learn about the market policies that are being endorsed by ruling respective organizations.
  • To gain a perceptive survey of the market and have an extensive interpretation of the Cardiovascular Ultrasound System Market and its materialistic landscape.
  • To understand the structure of Cardiovascular Ultrasound System Market by identifying its various sub segments.
  • Focuses on the key global Cardiovascular Ultrasound System Market players, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • To project the consumption of Cardiovascular Ultrasound System Market submarkets, with respect to key regions (along with their respective key countries).
  • To strategically profile the key players and comprehensively analyze their growth strategies
  • To analyze the Cardiovascular Ultrasound System Market with respect to individual growth trends, future prospects, and their contribution to the total market. 

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Key Developments in the Market:

  • In August 2018, Koninklijke Philips N.V. had launched EPIQ CVx cardiovascular ultrasound system. It is designed to boost diagnostic conviction and make the workflow easy for the clinicians by providing them more time to for the interaction with their patients and reduction in the need for repeat scans. It had brought advanced image quality quantification and intelligence specifically together. This product launch had expanded the product offering of the company.
  • In September 2016, GENERAL ELECTRIC had launched Vivid iq, a portable cardiovascular ultrasound system. It had improved the image quality and assists the surgeons in the diagnosis. It weighs 4.5 kg, provides high-quality cardiac care. It is very user friendly, fantastic interface, truly portable, and a great design which is futuristic and effective at the same time. This launch had expanded the product portfolio and brought up advancement in the market.


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Last Updated: 03-Mar-2021