Market Overview:
The global industrial electronic stethoscope market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for industrial electronic stethoscopes from various end-use industries, such as machinery manufacturing, chemical industry, vehicle, electric power and others. In addition, the growing awareness about the benefits of using industrial electronic stethoscopes is also contributing to the growth of this market. Based on type, low frequency industrial electronic stethoscopes are expected to account for a larger share of the global market than high frequency industrial electronic stethoscopes during the forecast period.
Product Definition:
An industrial electronic stethoscope is a type of stethoscope that uses electronic amplification to help the user hear sounds from the body. This type of stethoscope is often used in industrial or factory settings where noise levels are high and it can be difficult to hear clearly. The amplifier in the industrial electronic stethoscope helps to boost the sound of heartbeats and other bodily sounds, making them easier to hear. This type of stethoscope is also useful for listening to faint or distant sounds, which can be helpful when trying to diagnose a medical issue.
Low Frequency:
Low-frequency sounds have a wavelength of between 1 and 2.4 millimeters, and the range of human hearing is generally considered to be from 20 hertz to 20 kilohertz (20HZ - 40KHz). Low-frequency sounds are often referred to as infrasound due to their lower sound waves than high-frequency sounds. Infrasonic noise is generated by processes such as earthquakes, mountain rumblings, ice melting, etc.
High Frequency:
High frequency stethoscope is a diagnostic device used to detect heart and lung sounds. It works on the principle of vibration or sound transmission through body tissues or organs. The normal stethoscope only detects low frequencies, while high-frequency stethoscopes can detect both low and high frequencies.
Application Insights:
The other application segment includes medical applications such as cardiology, pulmonology and echocardiography. The global demand for these stethoscopes in this segment is expected to grow at a significant rate over the forecast period due to increasing awareness about the benefits of listening devices in diagnosing diseases.
The machinery manufacturing industry accounted for a major share in 2015 owing to high usage rates of electronic devices during assembly and testing phases of product development. Stethoscopes are used during various stages of product development life cycle including concept testing, prototyping, mass production and quality control among others. Electronic devices provide clarity in sounds that cannot be obtained through conventional methods thus making them suitable for use among technicians involved with the production or maintenance of mechanical products or equipment.
Regional Analysis:
North America dominated the global market in 2017. The dominance of the region can be attributed to factors such as increasing geriatric population, technological advancements, and high disposable income of consumers and healthcare professionals. Moreover, government initiatives for improving healthcare infrastructure are also expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising demand from developing countries such as China and India due to rapid industrialization along with growing medical tourism industry in these nations. In addition, favorable government policies for promoting manufacturing activities are further expected boost regional demand during the forecast period (2018-2030).
Growth Factors:
- Increasing demand for industrial electronic stethoscopes from the healthcare sector as it offers high accuracy and precision in diagnosis.
- Rising prevalence of cardiovascular and respiratory diseases, which is expected to boost the demand for industrial electronic stethoscopes over the forecast period.
- Technological advancements in industrial electronic stethoscopes that offer enhanced features such as Bluetooth connectivity, noise cancellation, and others are expected to drive market growth during the forecast period.
- Growing awareness about early diagnosis of heart diseases and other health conditions through use of industrial electronic stethoscopes is anticipated to fuel market growth over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Electronic Stethoscope Market Research Report
By Type
Low Frequency, High Frequency
By Application
Machinery Manufacturing, Chemical Industry, Vehicle, Electric Power, Others
By Companies
BEGA SPECIAL TOOLS, SKF, SPM Instrument, PCE Instruments, Monarch Instrument, PCE Instruments, BEGA SPECIAL TOOLS
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Electronic Stethoscope Market Report Segments:
The global Industrial Electronic Stethoscope market is segmented on the basis of:
Types
Low Frequency, High Frequency
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
Machinery Manufacturing, Chemical Industry, Vehicle, Electric Power, Others
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:
- BEGA SPECIAL TOOLS
- SKF
- SPM Instrument
- PCE Instruments
- Monarch Instrument
- PCE Instruments
- BEGA SPECIAL TOOLS
Highlights of The Industrial Electronic Stethoscope 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:
- Low Frequency
- High Frequency
- By Application:
- Machinery Manufacturing
- Chemical Industry
- Vehicle
- Electric Power
- Others
- 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 Industrial Electronic Stethoscope 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Industrial electronic stethoscope is a medical device that is used to listen to the heart. It is a small, portable device that can be worn on the chest.
Some of the major players in the industrial electronic stethoscope market are BEGA SPECIAL TOOLS, SKF, SPM Instrument, PCE Instruments, Monarch Instrument, PCE Instruments, BEGA SPECIAL TOOLS.
The industrial electronic stethoscope market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Electronic Stethoscope Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Industrial Electronic Stethoscope Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Electronic Stethoscope Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Industrial Electronic Stethoscope Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Industrial Electronic Stethoscope Market Size & Forecast, 2018-2028
4.5.1 Industrial Electronic Stethoscope Market Size and Y-o-Y Growth
4.5.2 Industrial Electronic Stethoscope Market Absolute $ Opportunity
Chapter 5 Global Industrial Electronic Stethoscope Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Industrial Electronic Stethoscope Market Size Forecast by Type
5.2.1 Low Frequency
5.2.2 High Frequency
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Industrial Electronic Stethoscope Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Industrial Electronic Stethoscope Market Size Forecast by Applications
6.2.1 Machinery Manufacturing
6.2.2 Chemical Industry
6.2.3 Vehicle
6.2.4 Electric Power
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Electronic Stethoscope Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Industrial Electronic Stethoscope Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Industrial Electronic Stethoscope Analysis and Forecast
9.1 Introduction
9.2 North America Industrial Electronic Stethoscope Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Industrial Electronic Stethoscope Market Size Forecast by Type
9.6.1 Low Frequency
9.6.2 High Frequency
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Industrial Electronic Stethoscope Market Size Forecast by Applications
9.10.1 Machinery Manufacturing
9.10.2 Chemical Industry
9.10.3 Vehicle
9.10.4 Electric Power
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Industrial Electronic Stethoscope Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial Electronic Stethoscope Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Industrial Electronic Stethoscope Market Size Forecast by Type
10.6.1 Low Frequency
10.6.2 High Frequency
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Industrial Electronic Stethoscope Market Size Forecast by Applications
10.10.1 Machinery Manufacturing
10.10.2 Chemical Industry
10.10.3 Vehicle
10.10.4 Electric Power
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Industrial Electronic Stethoscope Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial Electronic Stethoscope Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Industrial Electronic Stethoscope Market Size Forecast by Type
11.6.1 Low Frequency
11.6.2 High Frequency
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Industrial Electronic Stethoscope Market Size Forecast by Applications
11.10.1 Machinery Manufacturing
11.10.2 Chemical Industry
11.10.3 Vehicle
11.10.4 Electric Power
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Industrial Electronic Stethoscope Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial Electronic Stethoscope Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Industrial Electronic Stethoscope Market Size Forecast by Type
12.6.1 Low Frequency
12.6.2 High Frequency
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Industrial Electronic Stethoscope Market Size Forecast by Applications
12.10.1 Machinery Manufacturing
12.10.2 Chemical Industry
12.10.3 Vehicle
12.10.4 Electric Power
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Industrial Electronic Stethoscope Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial Electronic Stethoscope Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Industrial Electronic Stethoscope Market Size Forecast by Type
13.6.1 Low Frequency
13.6.2 High Frequency
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Industrial Electronic Stethoscope Market Size Forecast by Applications
13.10.1 Machinery Manufacturing
13.10.2 Chemical Industry
13.10.3 Vehicle
13.10.4 Electric Power
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Industrial Electronic Stethoscope Market: Competitive Dashboard
14.2 Global Industrial Electronic Stethoscope Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BEGA SPECIAL TOOLS
14.3.2 SKF
14.3.3 SPM Instrument
14.3.4 PCE Instruments
14.3.5 Monarch Instrument
14.3.6 PCE Instruments
14.3.7 BEGA SPECIAL TOOLS
