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Digital Stethoscope Market Size

  • Report ID: GMI8581
  • Published Date: Mar 2024
  • Report Format: PDF

Digital Stethoscope Market Size

Digital Stethoscope Market was valued at around USD 248.3 million in 2023 and is expected to register a CAGR of 5.9% during the forecast period. The rising prevalence of chronic diseases is anticipated to be among the primary factors driving the demand for digital stethoscopes. With conditions like heart related disorders, lung disease, and diabetes on the rise, there is an increasing need for enhanced diagnostics and early detection methods for any type of disease.

 

For instance, according to the Centers for Disease Control and Prevention (CDC), a significant portion of the American population, approximately 129 million individuals are affected by major chronic diseases including heart disease, cancer, diabetes, obesity, and hypertension. This surge in chronic conditions is expected to propel the market growth over the forecast timeline.
 

A digital stethoscope is a modern medical device that incorporates electronic technology to enhance the functionality of a traditional acoustic stethoscope. It utilizes electronic amplification and processing to improve the quality and analysis of auscultated sounds. These devices also offer features such as amplification, noise reduction, recording, playback, frequency filtering, and connectivity to other devices such as smartphones or tablets.
 

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Market size for digital stethoscope reached USD 248.3 million in 2023 and is set to expand at 5.9% CAGR from 2024-2032 owing to the rising prevalence of conditions like heart-related disorders, lung disease, and diabetes.

Digital stethoscope market from the digitalization stethoscope segment is projected to amass USD 225.3 million in revenue by 2032 owing to the expansion of telemedicine and remote patient monitoring practices.

North America market generated USD 82.7 million in revenue in 2023 and is set to exhibit robust growth through 2032 due to the presence of a robust healthcare infrastructure and growing investments in healthcare technologies in the region

Some of the prominent digital stethoscope companies are 3M Company, Ayu Devices, Contec Medical Systems, Eko Health Inc., Ekuore, FarmaSino Pharmaceuticals, GS Technology Co., Ltd, Medline Industries Inc., Rudolf Riester Gmb, and Think Labs Medical LLC

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 248
  • Countries covered: 22
  • Pages: 130
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