Cardiovascular Echocardiography Market Scope And Analysis

Report Code : TIPHE100000964
Category : Medical Device

No. of Pages : 150

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Cardiovascular Echocardiography Market Analysis, Size, and Growth (2021-2022)

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Cardiovascular Echocardiography Market Report Scope

Report Attribute	Details
Market size in 2022	US$ 143.72 Billion
Market Size by 2030	US$ 200.00 Billion
Global CAGR (2022 - 2030)	4.2%
Historical Data	2020-2022
Forecast period	2022-2030
Segments Covered	By Type Transthoracic Echocardiography Transesophageal Echocardiography Stress Echocardiography Fetal Echocardiography By Technology 2D Echocardiogram 3D Echocardiogram Doppler By End User Hospitals Ambulatory Surgery Centers Diagnostic Labs
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Apex Heart and Vascular Ultra X Imaging Metropolitan Heart Vascular Institute Ultromics Limited Corewell Health Centinela Hospital Medical Center Schoolcraft Memorial Hospital University of Utah Health Goshen Heart Vascular Center

Regional Analysis:

Geographically, the cardiovascular echocardiography market is segmented into North America, Europe, Asia Pacific, South & Central America, and the Middle East & Africa. In 2022, North America captured a significant share of the market. In 2022, the US dominated the market in this region. The market growth in North America is attributed to growing heart disease incidences, increasing geriatric population, and the presence of key market players in the region.

Heart disease is a leading cause of death in the US. As per the Centers for Disease Control and Prevention (CDC), around 805,000 people have a heart attack in the US every year. In addition, coronary heart disease is the most common type of heart disease, which resulted in the death of 360,900 people in 2019. According to the CDC, it is estimated that 12.1 million people in the US will have atrial fibrillation in 2030. Similarly, according to the Canadian Chronic Disease Surveillance System, about 1 in 12 (2.6 million) Canadian adults aged 20 and above live with diagnosed heart disease in the country. According to Statistics Canada, 67,399 individuals succumbed to death due to heart disease or stroke in 2020. Thus, the growing number of cardiovascular diseases affects a sizable population size. This leads to a greater demand for diagnostic tools, such as cardiovascular echocardiography, to assess and monitor cardiovascular health, thereby propelling the cardiovascular echocardiography market in the region.

Competitive Landscape and Key Companies:

The cardiovascular echocardiography market forecast can help stakeholders plan their growth strategies. Apex Heart and Vascular, Ultra-X Imaging, Metropolitan Heart Vascular Institute, Ultromics Limited, Corewell Health, Centinela Hospital Medical Center, Schoolcraft Memorial Hospital, University of Utah Health, Goshen Heart & Vascular Center, and Harefield Hospital are among the prominent players profiled in the cardiovascular echocardiography market report. These companies focus on introducing new high-tech products, advancements in existing products, and geographic expansions to meet the growing consumer demand worldwide.