Major Factor Driving The Market Growth :
Increasing incidence of cardiovascular diseases, technological
advancements, and advantages of echocardiography over invasive cardiac
diagnostic procedures are the major drivers for the Cardiovascular Ultrasound
System Market . However, insufficient reimbursement scenario and economic
impact of adopting new technologies are restraining the growth of the market.
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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 (2016–2021)
Key players :
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).
About Report :
The Cardiovascular Ultrasound System Market is broadly segmented into 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. This is due to the major advantage of the stress
echocardiogram that it 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 is estimated to account for the
largest share of the market in 2016, whereas the 3D & 4D technology segment
is estimated to grow at the highest CAGR during the forecast period.
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