Handheld Echocardiography Devices Market Size

Handheld Echocardiography Devices Market Size

Handheld Echocardiography Devices Market size was valued at USD 3 billion in 2023 and is estimated to grow at a CAGR of 4.5% between 2024 and 2032. Handheld echocardiography devices are compact tailored for conducting echocardiograms, which are imaging assessments of the heart.

These devices integrate a portable console or tablet-like interface with a handheld probe. Their primary function is to offer immediate visualization of cardiac structures, such as chambers, valves, and blood flow patterns, in real-time. The increasing prevalence of cardiovascular diseases has emerged as a significant driver for the market.

For instance, according to the World Health Organization (WHO) in 2019, approximately 17.9 million individuals succumbed to cardiovascular diseases, constituting 32% of all global deaths and among these deaths, 85% were attributed to heart attacks and strokes. Therefore, there is a rising need for effective monitoring and treatments, advanced medical devices, lifestyle interventions, and comprehensive cardiac rehabilitation programs.
 

Furthermore, growing technological advancements in cardiovascular diseases, such as electrocardiogram (ECG) devices which is estimated to reach USD 10.5 billion by 2032, increasing geriatric population, increasing demand for remote patient monitoring devices, among other contributing factors propelling the growth of the market in the forthcoming years.