Market Overview:
The global cardiac color ultrasound diagnostic equipment market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The market growth can be attributed to factors such as the increasing prevalence of cardiovascular diseases, technological advancements in cardiac color ultrasound diagnostic equipment, and rising demand for point-of-care diagnostics. However, the high cost of cardiac color ultrasound diagnostic equipment may restrain the growth of this market during the forecast period. Based on type, the global cardiac color ultrasound diagnostic equipment market can be segmented into general class and clinical class. The general class segment is expected to account for a larger share of this market in 2018 owing to its low cost and easy availability compared with clinical class devices. Based on application, this market can be divided into adults, juveniles, and newborns segments. The adults segment is expected to account for a larger share of this market in 2018 due to rising incidence rates of cardiovascular diseases across all age groups globally.
Product Definition:
Cardiac color ultrasound diagnostic equipment is used to diagnose heart problems. It is important because it can help identify problems with the heart muscle, valves, and blood vessels.
General Class:
The global general class segment is expected to grow at a lucrative rate during the forecast period. Ultrasound technology has advanced over the years and has become an essential tool in modern medicine. The ultrasonic medical device works on the principle of sound waves, which are used for diagnostic as well as therapeutic purposes. Ultrasound devices have been gaining popularity due to their cost-effectiveness, ease of use, short diagnosis time and noninvasive nature which helps avoid any harmful procedures or surgeries.
Clinical Class:
The clinical class is a group of patients with similar disease conditions. It helps in the study of diseases by observing the response produced by different drugs in various animals. The response to a particular drug can be compared between two groups of patients, using this method, and it will help in predicting about the efficacy of new drugs before they are tested on humans.
Clinical Class: A group of patients having similar disease conditions under observation.
Application Insights:
The general class dominated the market and accounted for more than 60.0% share of the global revenue in 2017. The clinical application segment is expected to witness a lucrative growth rate over the forecast period owing to rising awareness among individuals regarding early detection of cardiac disorders, coupled with technological advancements in ultrasound machines and interpretation software.
The newborns segment is anticipated to exhibit considerable growth during the forecast period due to increasing adoption of these devices by pediatricians, cardiologists and neonatologists at birth or shortly after birth as well as parents looking for an ultrasound machine that can be used for infant diagnosis at home without having a hospital stay. Furthermore, growing R&D activities pertaining to development of handheld/portable devices that can be used specifically for newborns will further boost demand over the coming years.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to favorable reimbursement policies, increasing prevalence of cardiac disorders, and technological advancements. For instance, according to a study published in JACC Cardiology in 2015, out of every 100 people suffering from heart failure only 12 received diagnosis before the initiation of treatment. Thus making it crucial for healthcare providers to diagnose such patients as early as possible for proper treatment planning.
Asia Pacific is expected to grow at a lucrative rate over the forecast period owing to improving healthcare infrastructure and rising patient awareness regarding available diagnostic procedures coupled with an increase in disposable income levels which will lead towards better access & affordability especially during economic downturns & epidemics thus propelling growth opportunities for global vendors operating within this region.
Growth Factors:
- Increasing incidence of cardiovascular diseases (CVDs)
- Rising geriatric population
- Growing demand for minimally invasive procedures
- Technological advancements in cardiac color ultrasound diagnostic equipment
- increasing healthcare expenditure
Scope Of The Report
Report Attributes
Report Details
Report Title
Cardiac Color Ultrasound Diagnostic Equipment Market Research Report
By Type
General Class, Clinical Class
By Application
Adults, Juveniles, Newborns
By Companies
Sono Scape, GE Healthcare, Philips, Siemens, Mindray, Olympus Imaging, Pentax (Ricoh Imaging), Fujifilm, GD Goworld, EDAN, Aohua Guangdian
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Cardiac Color Ultrasound Diagnostic Equipment Market Report Segments:
The global Cardiac Color Ultrasound Diagnostic Equipment market is segmented on the basis of:
Types
General Class, Clinical Class
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Adults, Juveniles, Newborns
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sono Scape
- GE Healthcare
- Philips
- Siemens
- Mindray
- Olympus Imaging
- Pentax (Ricoh Imaging)
- Fujifilm
- GD Goworld
- EDAN
- Aohua Guangdian
Highlights of The Cardiac Color Ultrasound Diagnostic Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- General Class
- Clinical Class
- By Application:
- Adults
- Juveniles
- Newborns
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cardiac Color Ultrasound Diagnostic Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cardiac color ultrasound diagnostic equipment is a medical device used to visualize the heart. It emits high-frequency sound waves and measures how long it takes for these waves to reflect back from different parts of the heart. This information can be used to determine the health of the heart muscle, blood vessels, and other organs in the body.
Some of the major players in the cardiac color ultrasound diagnostic equipment market are Sono Scape, GE Healthcare, Philips, Siemens, Mindray, Olympus Imaging, Pentax (Ricoh Imaging), Fujifilm, GD Goworld, EDAN, Aohua Guangdian.
The cardiac color ultrasound diagnostic equipment market is expected to grow at a compound annual growth rate of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Cardiac Color Ultrasound Diagnostic Equipment Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Cardiac Color Ultrasound Diagnostic Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Cardiac Color Ultrasound Diagnostic Equipment Market - Supply Chain
4.5. Global Cardiac Color Ultrasound Diagnostic Equipment Market Forecast
4.5.1. Cardiac Color Ultrasound Diagnostic Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Cardiac Color Ultrasound Diagnostic Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Cardiac Color Ultrasound Diagnostic Equipment Market Absolute $ Opportunity
5. Global Cardiac Color Ultrasound Diagnostic Equipment Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Cardiac Color Ultrasound Diagnostic Equipment Market Size and Volume Forecast by Type
5.3.1. General Class
5.3.2. Clinical Class
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Cardiac Color Ultrasound Diagnostic Equipment Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Cardiac Color Ultrasound Diagnostic Equipment Market Size and Volume Forecast by Application
6.3.1. Adults
6.3.2. Juveniles
6.3.3. Newborns
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Cardiac Color Ultrasound Diagnostic Equipment Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Cardiac Color Ultrasound Diagnostic Equipment Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Cardiac Color Ultrasound Diagnostic Equipment Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Cardiac Color Ultrasound Diagnostic Equipment Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Cardiac Color Ultrasound Diagnostic Equipment Demand Share Forecast, 2019-2026
9. North America Cardiac Color Ultrasound Diagnostic Equipment Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Cardiac Color Ultrasound Diagnostic Equipment Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Cardiac Color Ultrasound Diagnostic Equipment Market Size and Volume Forecast by Application
9.4.1. Adults
9.4.2. Juveniles
9.4.3. Newborns
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Cardiac Color Ultrasound Diagnostic Equipment Market Size and Volume Forecast by Type
9.7.1. General Class
9.7.2. Clinical Class
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Cardiac Color Ultrasound Diagnostic Equipment Demand Share Forecast, 2019-2026
10. Latin America Cardiac Color Ultrasound Diagnostic Equipment Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Cardiac Color Ultrasound Diagnostic Equipment Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Cardiac Color Ultrasound Diagnostic Equipment Market Size and Volume Forecast by Application
10.4.1. Adults
10.4.2. Juveniles
10.4.3. Newborns
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Cardiac Color Ultrasound Diagnostic Equipment Market Size and Volume Forecast by Type
10.7.1. General Class
10.7.2. Clinical Class
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Cardiac Color Ultrasound Diagnostic Equipment Demand Share Forecast, 2019-2026
11. Europe Cardiac Color Ultrasound Diagnostic Equipment Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Cardiac Color Ultrasound Diagnostic Equipment Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Cardiac Color Ultrasound Diagnostic Equipment Market Size and Volume Forecast by Application
11.4.1. Adults
11.4.2. Juveniles
11.4.3. Newborns
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Cardiac Color Ultrasound Diagnostic Equipment Market Size and Volume Forecast by Type
11.7.1. General Class
11.7.2. Clinical Class
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Cardiac Color Ultrasound Diagnostic Equipment Demand Share, 2019-2026
12. Asia Pacific Cardiac Color Ultrasound Diagnostic Equipment Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Cardiac Color Ultrasound Diagnostic Equipment Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Cardiac Color Ultrasound Diagnostic Equipment Market Size and Volume Forecast by Application
12.4.1. Adults
12.4.2. Juveniles
12.4.3. Newborns
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Cardiac Color Ultrasound Diagnostic Equipment Market Size and Volume Forecast by Type
12.7.1. General Class
12.7.2. Clinical Class
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Cardiac Color Ultrasound Diagnostic Equipment Demand Share, 2019-2026
13. Middle East & Africa Cardiac Color Ultrasound Diagnostic Equipment Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Cardiac Color Ultrasound Diagnostic Equipment Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Cardiac Color Ultrasound Diagnostic Equipment Market Size and Volume Forecast by Application
13.4.1. Adults
13.4.2. Juveniles
13.4.3. Newborns
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Cardiac Color Ultrasound Diagnostic Equipment Market Size and Volume Forecast by Type
13.7.1. General Class
13.7.2. Clinical Class
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Cardiac Color Ultrasound Diagnostic Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Cardiac Color Ultrasound Diagnostic Equipment Market: Market Share Analysis
14.2. Cardiac Color Ultrasound Diagnostic Equipment Distributors and Customers
14.3. Cardiac Color Ultrasound Diagnostic Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Sono Scape
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. GE Healthcare
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Philips
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Siemens
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Mindray
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Olympus Imaging
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Pentax (Ricoh Imaging)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Fujifilm
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. GD Goworld
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. EDAN
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Aohua Guangdian
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
