HOME Top Market Reports Cardiovascular Ultrasound System Market by Test Type (Transesophageal, Stress, Transthoracic, Fetal), Technology (2D, 3D & 4D, Doppler Imaging), Device Display (Black & White, Color), End User (Hospitals, Home Care, Ambulatory) - Forecast to 2021

Cardiovascular Ultrasound System Market by Test Type (Transesophageal, Stress, Transthoracic, Fetal), Technology (2D, 3D & 4D, Doppler Imaging), Device Display (Black & White, Color), End User (Hospitals, Home Care, Ambulatory) - Forecast to 2021

By: marketsandmarkets.com
Publishing Date: December 2016
Report Code: MD 4825

 

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The global cardiovascular ultrasound system market is projected to reach USD 1.66 Billion by 2021 from USD 1.27 Billion in 2016, at a CAGR of 5.4% from 2016 to 2021. In this report, the global market is segmented on the basis of test type, technology, device display, end user, and region.

Based on test type, the cardiovascular ultrasound system market is categorized into transthoracic echocardiogram, transesophageal echocardiogram, stress echocardiogram, and other echocardiograms. The other echocardiograms include fetal & intracardiac echocardiograms. The stress echocardiogram segment is expected to account for the fastest growth during the forecast period. This growth can be attributed to the advantages of the stress echocardiogram that it can provide data of the cardiac muscles and valves before and after the stress of the heart muscle.

Based on technology, the market is segmented into 2D, 3D & 4D, and Doppler imaging. The 3D & 4D technology segment is estimated to account for the highest CAGR during the forecast period due to better image resolution provided by this technology. On the basis of end user, the cardiovascular ultrasound system market is classified into hospitals, home care & ambulatory, and other end users (research institutes, laboratories, and pharmaceutical companies). The hospitals segment is estimated to account for the highest growth of the market in 2016 due to increasing usage of echocardiographs in hospitals especially in intensive care units (ICUs).

The growth of the cardiovascular ultrasound system market is propelled by increasing incidence of CVDs, technological advancements, and advantages of echocardiography over invasive cardiac diagnostic procedures. However, factors such as insufficient reimbursement scenario and economic impact of adopting new technologies are hindering the growth of the market.

The major key players in the cardiovascular ultrasound system market include GE Healthcare (U.S.), Philips Healthcare (The Netherlands), Siemens Healthcare (Germany), Hitachi Medical Corporation (Japan), and Toshiba Medical Systems Corporation (Japan).

Target Audience:

  • Cardiovascular ultrasound system manufacturers
  • Cardiovascular ultrasound system distributors and wholesalers
  • Pharmaceutical companies
  • Various research and consulting firms
  • Research institutes
  • Contract manufacturing organizations (CMOs)
  • Original equipment manufacturers (OEMs)

To know about the assumptions considered for the study, download the pdf brochure

Scope of the Report

  • This study covers the global and regional market for the cardiovascular ultrasound system market —by test type, technology, device display, and end user

Particular

Scope

Region

  • North America
  • Europe
  • Asia-Pacific
  • RoW

Historical Years

2014

Base Year

2015

Estimated Year

2016

Forecast Period

2016–2021

Revenue Currency

USD

Market Segmentation

Cardiovascular Ultrasound System Market, by Test Type

  • Transthoracic Echocardiogram
  • Transesophageal Echocardiogram
  • Stress Echocardiogram
  • Other Echocardiograms (Fetal and Intracardiac Echocardiograms)

Cardiovascular Ultrasound System Market, by Technology

  • 2D
  • 3D & 4D
  • Doppler Imaging

Cardiovascular Ultrasound System Market, by Device Display

  • Color Display
  • Black & White (B/W) Display

Cardiovascular Ultrasound System Market, by End User

  • Hospitals/Cardiology Centers
  • Ambulatory/Home Care
  • Other End Users (Research Institutes, Medical Device and Pharmaceutical Companies)

Cardiovascular Ultrasound System Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
  • Asia-Pacific
    • India
    • China
    • Japan
    • Australia
    • New Zealand
    • Rest of the Asia-Pacific (RoAPAC)
  • Rest of the World (RoW)

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company‘s specific needs. The following customization options are available for the report:

Geographic Analysis

  • Further breakdown of the European cardiovascular ultrasound system market into Germany, France, the U.K., Italy, and Spain

Company Information

  • Detailed analysis and profiling of additional market players (up to five)

Table of Contents

1 Introduction
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
    1.4 Geographic Scope
    1.5 Years Considered for the Study
    1.6 Currency
    1.7 Limitations
    1.8 Stakeholders

2 Research Methodology
    2.1 Research Data
           2.1.1 Key Data From Secondary Sources
           2.1.2 Key Data From Primary Sources
    2.2 Market Breakdown and Data Triangulation Method
    2.3 Market Breakdown and Data Triangulation
    2.4 Market Size Estimation

3 Executive Summary
    3.1 Global Cardiovascular Ultrasound System Market
    3.2 Global Cardiovascular Ultrasound System Market, By Test Type
    3.3 Global Cardiovascular Ultrasound System Market, By Region, 2016
    3.4 Global Cardiovascular Ultrasound System Market, By End User

4 Premium Insights
    4.1 Global Cardiovascular Ultrasound System: Market Overview
    4.2 Geographicsnapshot: Cardiovascular Ultrasound System Market, By Test Type (2016)
    4.3 Global Cardiovascular Ultrasound System Market, By Region, 2016–2021
    4.4 Global Cardiovascular Ultrasound System Market, By Technology, 2016 vs 2021

5 Market Overview
    5.1 Introduction
    5.2 Drivers
           5.2.1 Growing Incidence of CVDs
           5.2.2 Technological Advancements
           5.2.3 Advantages of Echocardiography Over Invasive Cardiac Diagnostic Procedures
    5.3 Restraints
           5.3.1 Unfavourable Reimbursement Scenario
           5.3.2 Economic Impact of Adopting New Technologies
    5.4 Opportunities
           5.4.1 Growth Potential in Untapped Emerging Markets
           5.4.2 Miniaturization of Ultrasound Devices
    5.5 Challenges
           5.5.1 Dearth of Skilled and Experienced Sonographers

6 Cardiovascular Ultrasound System Market -By Test Type
    6.1 Introduction
    6.2 Transthoracic Echocardiogram
    6.3 Transesophageal Echocardiogram
    6.4 Stress Echocardiogram
    6.5 Other Echocardiograms

7 Cardiovascular Ultrasound System Market -By Technology
    7.1 Introduction
    7.2 2D Ultrasound
    7.3 3D & 4D Ultrasound
    7.4 Doppler Imaging

8 Cardiovascular Ultrasound System Market -By Device Display
    8.1 Introduction
    8.2 Color Display
    8.3 Black & White (B/W) Display

9 Cardiovascular Ultrasound System Market -By End User
    9.1 Introduction
    9.2 Hospital and Cardiology Centers
    9.3 Home and Ambulatory Care Settings
    9.4 Other End Users

10 Cardiovascular Ultrasound System Market -By Region
     10.1 Introduction
     10.2 North America
               10.2.1 US
               10.2.2 Canada
     10.3 Europe
     10.4 Asia-Pacific
               10.4.1 Japan
               10.4.2 China
               10.4.3 Australia
               10.4.4 India
               10.4.5 New Zealand
               10.4.6 Rest of Asia-Pacific (RoAPAC)
     10.5 RoW

11 Competitive Analysis
     11.1 Overview
     11.2 Growth Strategies Adopted By Major Players in the Cardiovascular Ultrasound System Market (2014–2016)
     11.3 Rank of Companies in the Global Cardiovascular Ultrasound System Market, 2015

12 Company Profiles
(Company at A Glance, Business Overview, Products Offered, Key Strategy, Recent Developments, SWOT Analysis & MnM View)*
     12.1 Introduction
     12.2 GE Healthcare
     12.3 Philips Healthcare
     12.4 Siemens Healthcare
     12.5 Hitachi Medical Corporation
     12.6 Toshiba Medical Systems Corporation
     12.7 Mindray Medical International Limited
     12.8 Samsung Electronics Co., Ltd.
     12.9 Fujifilm Holdings Corporation
     12.10 Esaote S.P.A.
     12.11 Chison Medical Imaging Co., Ltd.

*Details on Company at A Glance, Recent Financials, Products Offered, Strategies & Insights, & Recent Developments Might Not Be Captured in Case of Unlisted Companies.

13 Appendix
     13.1 Insights of Industry Experts
     13.2 Discussion Guide
     13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal 
     13.4 RT: Real-Time Market Intelligence
     13.5 Available Customizations
     13.6 Related Reports
     13.7 Authors Details


List of Tables (93 Tables)

Table 1 Cardiovascular Ultrasound System Market, By Test Type, 2016
Table 2 List of Invasive and Noninvasive Cardiac Diagnostic Procedures
Table 3 Global Market Size, By Test Type, 2014–2021 (USD Million)
Table 4 Transthoracic Echocardiogram Market Size, By Region, 2014–2021 (USD Million)
Table 5 North America: Transthoracic Echocardiogram Market Size, By Country, 2014–2021 (USD Million)
Table 6 Asia-Pacific: Transthoracic Echocardiogram Market Size, By Country, 2014–2021 (USD Million)
Table 7 Transesophageal Echocardiogram Market Size, By Region, 2014–2021 (USD Million)
Table 8 North America: Transesophageal Echocardiogram Market Size, By Country, 2014–2021 (USD Million)
Table 9 Asia-Pacific: Transesophageal Echocardiogram Market Size, By Country, 2014–2021 (USD Million)
Table 10 Stress Echocardiogram Market Size, By Region, 2014–2021 (USD Million)
Table 11 North America: Stress Echocardiogram Market Size, By Country, 2014–2021 (USD Million)
Table 12 Asia-Pacific: Stress Echocardiogram Market Size, By Country, 2014–2021 (USD Million)
Table 13 Other Echocardiograms Market Size, By Region, 2014–2021 (USD Million)
Table 14 North America: Other Echocardiograms Market Size, By Country, 2014–2021 (USD Million)
Table 15 Asia-Pacific: Other Echocardiograms Market Size, By Country, 2014–2021 (USD Million)
Table 16 Global Cardiovascular Ultrasound System Market Size, By Technology, 2014–2021 (USD Million)
Table 17 2D Ultrasound Market Size, By Region, 2014–2021 (USD Million)
Table 18 North America: 2D Ultrasound Market Size, By Country, 2014–2021 (USD Million)
Table 19 Asia-Pacific: 2D Ultrasound Market Size, By Country, 2014–2021 (USD Million)
Table 20 3D & 4D Ultrasound Market Size, By Region, 2014–2021 (USD Million)
Table 21 North America: 3D & 4D Ultrasound Market Size, By Country, 2014–2021 (USD Million)
Table 22 Asia-Pacific: 3D & 4D Ultrasound Market Size, By Country, 2014–2021 (USD Million)
Table 23 Doppler Imaging Ultrasound Market Size, By Region, 2014–2021 (USD Million)
Table 24 North America: Doppler Imaging Ultrasound Market Size, By Country, 2014–2021 (USD Million)
Table 25 Asia-Pacific: Doppler Imaging Ultrasound Market Size, By Country, 2014–2021 (USD Million)
Table 26 Global Market Size, By Device Display, 2014–2021 (USD Million)
Table 27 Color Displays Market Size, By Region, 2014–2021 (USD Million)
Table 28 North America: Color Displays Market Size, By Country, 2014–2021 (USD Million)
Table 29 Asia-Pacific: Color Displays Market Size, By Country, 2014–2021 (USD Million)
Table 30 B/W Displays Market Size, By Region, 2014–2021 (USD Million)
Table 31 North America: B/W Displays Market Size, By Country, 2014–2021 (USD Million)
Table 32 Asia-Pacific: B/W Displays Market Size, By Country, 2014–2021 (USD Million)
Table 33 Global Market Size, By End User, 2014–2021 (USD Million)
Table 34 Market Size for Hospitals & Cardiology Centers, By Region, 2014–2021 (USD Million)
Table 35 North America: Market Size for Hospitals & Cardiology Centers, By Country, 2014–2021 (USD Million)
Table 36 Asia-Pacific: Market Size for Hospitals & Cardiology Centers, By Country, 2014–2021 (USD Million)
Table 37 Market Size for Home & Ambulatory Care Settings, By Region, 2014–2021 (USD Million)
Table 38 North America: Market Size for Home & Ambulatory Care Settings, By Country, 2014–2021 (USD Million)
Table 39 Asia-Pacific: Market Size for Home & Ambulatory Care Settings, By Country, 2014–2021 (USD Million)
Table 40 Market Size for Other End Users, By Region, 2014–2021 (USD Million)
Table 41 North America: Market Size for Other End Users, By Country, 2014–2021 (USD Million)
Table 42 Asia-Pacific: Market Size for Other End Users, By Country, 2014–2021 (USD Million)
Table 43 Global Market Size, By Region, 2014 -2021 (USD Million)
Table 44 North America: Market Size, By Country, 2014–2021 (USD Million)
Table 45 North America: Market Size, By Test Type, 2014–2021 (USD Million)
Table 46 North America: Market Size, By Technology, 2014–2021 (USD Million)
Table 47 North America: Market Size, By Device Display, 2014–2021 (USD Million)
Table 48 North America: tems Market Size, By End User, 2014–2021 (USD Million)
Table 49 U.S.: Market Size, By Test Type, 2014–2021 (USD Million)
Table 50 U.S.: Market Size, By Technology, 2014–2021 (USD Million)
Table 51 U.S.: Market Size, By Device Display, 2014–2021 (USD Million)
Table 52 U.S.: Market Size, By End User, 2014–2021 (USD Million)
Table 53 Canada: Market Size, By Test Type, 2014–2021 (USD Million)
Table 54 Canada: Market Size, By Technology, 2014–2021 (USD Million)
Table 55 Canada: Market Size, By Device Display, 2014–2021 (USD Million)
Table 56 Canada: Market Size, By End User, 2014–2021 (USD Million)
Table 57 Europe: Market Size, By Test Type, 2014–2021 (USD Million)
Table 58 Europe: Market Size, By Technology, 2014–2021 (USD Million)
Table 59 Europe: Market Size, By Device Display, 2014–2021 (USD Million)
Table 60 Europe: Market Size, By End User, 2014–2021 (USD Million)
Table 61 Asia-Pacific: Market Size, By Country, 2014–2021 (USD Million)
Table 62 Asia-Pacific: Market Size, By Test Type, 2014–2021 (USD Million)
Table 63 Asia-Pacific: Market Size, By Technology, 2014–2021 (USD Million)
Table 64 Asia-Pacific: Market Size, By Device Display, 2014–2021 (USD Million)
Table 65 Asia-Pacific: Market Size, By End User, 2014–2021 (USD Million)
Table 66 Japan: Market Size, By Test Type, 2014–2021 (USD Million)
Table 67 Japan: Market Size, By Technology, 2014–2021 (USD Million)
Table 68 Japan: Market Size, By Device Display, 2014–2021 (USD Million)
Table 69 Japan: Market Size, By End User, 2014–2021 (USD Million)
Table 70 China: Market Size, By Test Type, 2014–2021 (USD Million)
Table 71 China: Market Size, By Technology, 2014–2021 (USD Million)
Table 72 China: Market Size, By Device Display, 2014–2021 (USD Million)
Table 73 China: Market Size, By End User, 2014–2021 (USD Million)
Table 74 Australia: Market Size, By Test Type, 2014–2021 (USD Million)
Table 75 Australia: Market Size, By Technology, 2014–2021 (USD Million)
Table 76 Australia: Market Size, By Device Display, 2014–2021 (USD Million)
Table 77 Australia: Market Size, By End User, 2014–2021 (USD Million)
Table 78 India: Market Size, By Test Type, 2014–2021 (USD Million)
Table 79 India: Market Size, By Technology, 2014–2021 (USD Million)
Table 80 India: Market Size, By Device Display, 2014–2021 (USD Million)
Table 81 India: Market Size, By End User, 2014–2021 (USD Million)
Table 82 New Zealand: Market Size, By Test Type, 2014–2021 (USD Million)
Table 83 New Zealand: Market Size, By Technology, 2014–2021 (USD Million)
Table 84 New Zealand: Market Size, By Device Display, 2014–2021 (USD Million)
Table 85 New Zealand: Market Size, By End User, 2014–2021 (USD Million)
Table 86 RoAPAC: Market Size, By Test Type, 2014–2021 (USD Million)
Table 87 RoAPAC: Market Size, By Technology, 2014–2021 (USD Million)
Table 88 RoAPAC: Market Size, By Device Display, 2014–2021 (USD Million)
Table 89 RoAPAC: Market Size, By End User, 2014–2021 (USD Million)
Table 90 RoW: Market Size, By Test Type, 2014–2021 (USD Million)
Table 91 RoW: Market Size, By Technology, 2014–2021 (USD Million)
Table 92 RoW: Market Size, By Device Display, 2014–2021 (USD Million)
Table 93 RoW:Market Size, By End User, 2014–2021 (USD Million)
 
 
List of Figures (40 Figures)
 
Figure 1 Research Design: Cardiovascular Ultrasound System Market
Figure 2 Market Share, By Test Type (2016) vs (2021)
Figure 3 Market Share, By Region (2016)
Figure 4 Home and Ambulatory Care Settings Segment to Register the Highest Growth During the Forecast Period
Figure 5 Increasing Incidence of Cardiovascular Diseases to Drive Market Growth
Figure 6 Transthoracic Echocardiogram Segment to Command the Largest Market Share in 2016
Figure 7 Market in Asia to Grow at the Highest Rate
Figure 8 3D & 4D Segment to Grow at the Highest Rate During the Forecast Period
Figure 9 Market Dynamics: Drivers, Restraints, Opportunities, and Challenges
Figure 10 Number of Deaths Due to CVD, 1990 vs 2012 vs 2030
Figure 11 Technological Advancements in Echocardiography Devices
Figure 12 Europe is Expected to Account for the Largest Share in 2016
Figure 13 Asia-Pacific is Estimated to Register the Highest Growth During the Forecast Period of 2016 to 2021
Figure 14 Stress Echocardiogram Market Size, By Region, 2014–2021 (USD Million)
Figure 15 Global Market Size, By Technology, 2014–2021 (USD Million)
Figure 16 2D Ultrasound Market Size, By Region, 2014–2021 (USD Million
Figure 17 3D & 4D Ultrasound Market Size, By Region, 2014–2021 (USD Million)
Figure 18 Global Market Size, By Device Display, 2014–2021 (USD Million)
Figure 19 Color Displays Market Size, By Region, 2014–2021 (USD Million)
Figure 20 B/W Displays Market Size, By Region, 2014–2021 (USD Million)
Figure 21 Global Market Size, By End User, 2014–2021 (USD Million)
Figure 22 Market Size for Hospitals & Cardiology Centers, By Region, 2014–2021 (USD Million)
Figure 23 Market Size for Other End Users, By Region, 2014–2021 (USD Million)
Figure 24 Asian Market to Grow at the Highest Rate in the Forecast Period
Figure 25 North America: Market Size, By Test Type, 2014–2021 (USD Million)
Figure 26 North America: Market Size, By End User, 2014–2021 (USD Million)
Figure 27 U.S.: Market Size, By End User, 2014–2021 (USD Million)
Figure 28 Canada: Market Size, By Test Type, 2014–2021 (USD Million)
Figure 29 Canada: Market Size, By Technology, 2014–2021 (USD Million)
Figure 30 Canada: Market Size, By Device Display, 2014–2021 (USD Million)
Figure 31 Canada: Market Size, By End User, 2014–2021 (USD Million)
Figure 32 Europe: Market Size, By Test Type, 2014–2021 (USD Million)
Figure 33 Europe: Market Size, By End User, 2014–2021 (USD Million)
Figure 34 Asia-Pacific: Market Size, By Test Type, 2014–2021 (USD Million)
Figure 35 Japan: Market Size, By Test Type, 2014–2021 (USD Million)
Figure 36 New Zealand: Cardiovascular Ultrasound System Market Size, By Test Type, 2014–2021 (USD Million)
Figure 37 RoAPAC: Cardiovascular Ultrasound System Market Size, By Test Type, 2014–2021 (USD Million)
Figure 38 RoW: Cardiovascular Ultrasound System Market Size, By Technology, 2014–2021 (USD Million)
Figure 39 RoW: Cardiovascular Ultrasound System Market Size, By Device Display, 2014–2021 (USD Million)
Figure 40 RoW: Cardiovascular Ultrasound System Market Size, By End User, 2014–2021 (USD Million)

The cardiovascular ultrasound system market is projected to reach USD 1.66 Billion by 2021 from USD 1.27 Billion in 2016, growing at a CAGR of 5.4% during the forecast period.

Increasing incidence of cardiovascular diseases, technological advancements, and advantages of echocardiography over invasive cardiac diagnostic procedures is driving the growth of this market. However, insufficient reimbursement scenario and economic impact of adopting new technologies are restraining the growth of the market.

The market is segmented on the basis of test type, technology, device display, end user, and region. Based on test type, the market is categorized into transthoracic echocardiogram, stress echocardiogram, transesophageal echocardiogram, and fetal & intracardiac echocardiogram. The stress echocardiogram segment is expected to account for the largest share of the market in 2016. The stress echocardiogram can provide data of the cardiac muscles and valves before and after the stress of the heart muscle.

On the basis of technology, the cardiovascular ultrasound system market is segmented into 2D, 3D & 4D, and Doppler Imaging. The 2D technology segment is estimated to account for the largest share of the market in 2016. The 3D & 4D technology segment is expected to register the highest CAGR during the forecast period.

On the basis of end user, the cardiovascular ultrasound system market is categorized into hospitals, home care & ambulatory, and other end users (research institutes, laboratories, and pharmaceutical companies). The hospitals segment is expected to account for the largest share of the market in 2016. The home care & ambulatory segment is estimated to be the fastest-growing segment of the market during the forecast period due increase in the usage of echocardiographs at the patient’s house itself.

Europe is expected to account for the largest share of the market in 2016. Factors such as growing product commercialization, expansion in clinical applications of HIFU coupled with their early commercialization in Europe, and growing emphasis on non-invasive procedures by patients and physicians are driving the growth of this market. The Asia-Pacific region is estimated to be the fastest-growing region in the cardiovascular ultrasound system market during the forecast period as it is an emerging market and provides growth opportunities such as healthcare spending, increase in research and innovation, and medical tourism.

Key players in the cardiovascular ultrasound system market include GE Healthcare (U.S.), Philips healthcare (The Netherlands), Siemens Healthcare (Germany), Hitachi Medical Corporation (Japan), and Toshiba Medical Systems Corporation (Japan).

Cardiovascular Ultrasound System Market

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