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.
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)
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)
Europe is expected to account for the largest market share during the forecast period.
The cardiovascular ultrasound system market is divided into four major regions-North America, Europe, Asia Pacific, and the Rest of the World (RoW). In 2016, Europe is expected to account for the largest share of this market, followed by North America. 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
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