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Cardiovascular Ultrasound Systems Market Size

Report ID: GMI6064
Published Date: Jun 2023
Report Format: PDF

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Cardiovascular Ultrasound Systems Market Size

Cardiovascular Ultrasound Systems Market size was valued at USD 1.8 billion in 2022 and is projected to reach USD 3.1 billion by 2032. Cardiovascular ultrasound systems, also known as echocardiography systems or cardiac ultrasound systems, are medical imaging devices specifically designed for assessing the structure and function of the heart and blood vessels.

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They use ultrasound technology to generate real-time images of the cardiovascular devices, allowing healthcare professionals to visualize and evaluate the heart's anatomy, blood flow, and cardiac function. Additionally, technological advancements in cardiovascular ultrasound systems have been significant in recent years, enabling improved imaging capabilities, increased efficiency, and enhanced diagnostic accuracy.

Several diagnostic ultrasound systems are becoming portable and user-friendly, allowing for immediate and convenient bedside examinations. Additionally, point-of-care ultrasound (POCUS) has gained prominence in healthcare settings, including emergency departments, critical care units, and outpatient clinics.

Cardiovascular Ultrasound Systems Market Report Attributes
Report Attribute	Details
Base Year:	2022
Cardiovascular Ultrasound Systems Market Size in 2022:	USD 1.8 Billion
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	5.3%
2032 Value Projection:	USD 3.1 Billion
Historical Data for:	2018 to 2022
No. of Pages:	190
Tables, Charts & Figures:	330
Segments covered:	Type, Technology, Display, End-use, and Region
Growth Drivers:	Increasing prevalence of cardiovascular diseases Rise in technological advancements Advantages of echocardiography over invasive cardiac diagnostic procedures Increasing demand for point-of-care ultrasound
Pitfalls & Challenges:	Unfavourable reimbursement scenario Dearth of skilled and experienced sonographers

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Authors: Mariam Faizullabhoy , Pratiksha Kamthe

Frequently Asked Questions (FAQ) :

Global market for cardiovascular ultrasound systems was valued at USD 1.8 billion in 2022 and is projected to reach USD 3.1 billion by 2032, owing to technology advancements that enable improved imaging capabilities, increased efficiency, and enhanced diagnostic accuracy.

The doppler segment dominated the market in 2022 and will reach over USD 1.2 billion by 2032, as these systems offer a non-invasive method to assess blood flow in real-time, coupled with the cost-effective and safe imaging modality.

U.S. industry accounted for over USD 650 million in 2022 and is projected to grow in coming years attributable to rapid technological advancements, along with increasing number of cardiovascular diseases, such as heart disease and stroke.

GE Healthcare, Koninklijke Philips, Siemens Healthineers AG, Hitachi Medical Corp., Samsung Medison Co. Ltd., Shenzhen Mindray Bio, Medical Electronics Co., Ltd. (Mindray), Health Catalyst (KPI Healthcare Inc.), and Fujifilm Sonosite, Inc. among others.