Market Overview:
The global intelligent stethoscope market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for technologically advanced stethoscopes, rising prevalence of cardiovascular diseases, and growing number of hospitals and clinics. Based on type, the global intelligent stethoscope market is segmented into wireless stethoscope and stethoscope with wire. The wireless segment is expected to grow at a higher CAGR than the wired segment during the forecast period from 2018 to 2030. This can be attributed to the increasing demand for technologically advanced devices that offer ease of use and portability. Based on application, the global intelligent stethoscope market is divided into hospitals, clinics, and others (including research institutes and academic institutions). The hospitals segment dominates this market owing to rising number of hospital admissions due to increase in incidence rates of cardiovascular diseases across different geographies worldwide.
Product Definition:
An intelligent stethoscope is a device that helps doctors and nurses to diagnose patients quickly. It records heart and lung sounds, which can be analyzed by a computer to help identify problems. The importance of an intelligent stethoscope is that it can help doctors to quickly identify problems in patients' hearts and lungs, which can lead to faster treatment.
Wireless Stethoscope:
The wireless stethoscope is a medical device used to listen to the heart of patients without any wires connecting the two devices. It's an indirect and non-invasive method for assessing cardiac function. The traditional stethoscope uses a metallic diaphragm as a resonator, which is pressed against the patient's chest during examination.
Stethoscope with Wire:
The stethoscope with wire is a medical device used for listening to the heart and lungs of an individual. It's basically an ear-based detector that enables the physician or healthcare provider to hear heart and lung sounds. The stethoscope with wire has been available in two forms including rigid type which can be held by hand, or soft form which is battery operated.
Application Insights:
Based on application, the market is segmented into hospitals, clinics and other healthcare facilities. The hospitals segment dominated the overall market in terms of revenue in 2017. This can be attributed to factors such as increasing cases of chronic diseases and rising geriatric population across the globe. Moreover, a rise in number of hospital-acquired devices has also fueled demand for the intelligent stethoscope among doctors and nurses at large.
The clinics & other healthcare facilities segment is expected to grow at a lucrative rate over the forecast period owing to growing awareness about patient safety amongst medical professionals as well as patients themselves. Rising prevalence of cardiac disorders along with an increase in visits by patients suffering from these disorders will further boost demand for technologically advanced diagnostic equipment like IGSs during upcoming years.
The others application category includes home care settings, where people prefer using mobile phones over traditional methods due to their convenience features such as text messaging.
Regional Analysis:
North America dominated the global intelligent stethoscope market in 2017. This can be attributed to increasing cases of chronic diseases, high adoption rate of advanced technologies and presence of well-established healthcare facilities in this region. Moreover, rising awareness about patient safety and better diagnosis through proper audiology care is expected to drive the growth during the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to factors such as improving healthcare infrastructure due to government support along with an increase in investments by various private firms for better diagnosis through innovative products that are user-friendly and cost-effective. Rising geriatric population coupled with growing disposable income will also contribute towards regional market development during the same period.
Growth Factors:
- Increasing incidence of lifestyle diseases such as obesity, diabetes, and heart disease is expected to drive the demand for intelligent stethoscopes over the forecast period.
- Growing geriatric population is also anticipated to boost the market growth as elderly people are more susceptible to various health conditions.
- Rising awareness about early diagnosis and treatment of diseases is projected to propel the adoption of intelligent stethoscopes across the globe.
- Technological advancements in stethoscope design and features are likely to create new opportunities for market growth over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Intelligent Stethoscope Market Research Report
By Type
Wireless Stethoscope, Stethoscope with Wire
By Application
Hospitals, Clinics, Others
By Companies
3M Littmann, Thinklabs, Hill-Rom, CliniCloud, American Diagnostics, Dongjin Medical, Cardionics, Eko Devices, EKuore, HD Medical, SMART SOUND, Childcare
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Intelligent Stethoscope Market Report Segments:
The global Intelligent Stethoscope market is segmented on the basis of:
Types
Wireless Stethoscope, Stethoscope with Wire
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
Hospitals, Clinics, 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:
- 3M Littmann
- Thinklabs
- Hill-Rom
- CliniCloud
- American Diagnostics
- Dongjin Medical
- Cardionics
- Eko Devices
- EKuore
- HD Medical
- SMART SOUND
- Childcare
Highlights of The Intelligent 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:
- Wireless Stethoscope
- Stethoscope with Wire
- By Application:
- Hospitals
- Clinics
- 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 Intelligent 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.
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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?
The intelligent stethoscope is a medical device that uses sensors to measure heart sounds and other vital signs. It can be used to diagnose heart disease, monitor patients during surgery, and assess their health overall.
Some of the major companies in the intelligent stethoscope market are 3M Littmann, Thinklabs, Hill-Rom, CliniCloud, American Diagnostics, Dongjin Medical, Cardionics, Eko Devices, EKuore, HD Medical, SMART SOUND, Childcare.
The intelligent stethoscope market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Intelligent Stethoscope 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. Intelligent Stethoscope Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Intelligent Stethoscope Market - Supply Chain
4.5. Global Intelligent Stethoscope Market Forecast
4.5.1. Intelligent Stethoscope Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Intelligent Stethoscope Market Size (000 Units) and Y-o-Y Growth
4.5.3. Intelligent Stethoscope Market Absolute $ Opportunity
5. Global Intelligent Stethoscope 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. Intelligent Stethoscope Market Size and Volume Forecast by Type
5.3.1. Wireless Stethoscope
5.3.2. Stethoscope with Wire
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Intelligent Stethoscope 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. Intelligent Stethoscope Market Size and Volume Forecast by Application
6.3.1. Hospitals
6.3.2. Clinics
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Intelligent Stethoscope 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. Intelligent Stethoscope 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 Intelligent Stethoscope 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. Intelligent Stethoscope 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 Intelligent Stethoscope Demand Share Forecast, 2019-2026
9. North America Intelligent Stethoscope 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 Intelligent Stethoscope 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 Intelligent Stethoscope Market Size and Volume Forecast by Application
9.4.1. Hospitals
9.4.2. Clinics
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Intelligent Stethoscope Market Size and Volume Forecast by Type
9.7.1. Wireless Stethoscope
9.7.2. Stethoscope with Wire
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 Intelligent Stethoscope Demand Share Forecast, 2019-2026
10. Latin America Intelligent Stethoscope 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 Intelligent Stethoscope 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 Intelligent Stethoscope Market Size and Volume Forecast by Application
10.4.1. Hospitals
10.4.2. Clinics
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Intelligent Stethoscope Market Size and Volume Forecast by Type
10.7.1. Wireless Stethoscope
10.7.2. Stethoscope with Wire
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 Intelligent Stethoscope Demand Share Forecast, 2019-2026
11. Europe Intelligent Stethoscope 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 Intelligent Stethoscope 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 Intelligent Stethoscope Market Size and Volume Forecast by Application
11.4.1. Hospitals
11.4.2. Clinics
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Intelligent Stethoscope Market Size and Volume Forecast by Type
11.7.1. Wireless Stethoscope
11.7.2. Stethoscope with Wire
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 Intelligent Stethoscope Demand Share, 2019-2026
12. Asia Pacific Intelligent Stethoscope 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 Intelligent Stethoscope 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 Intelligent Stethoscope Market Size and Volume Forecast by Application
12.4.1. Hospitals
12.4.2. Clinics
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Intelligent Stethoscope Market Size and Volume Forecast by Type
12.7.1. Wireless Stethoscope
12.7.2. Stethoscope with Wire
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 Intelligent Stethoscope Demand Share, 2019-2026
13. Middle East & Africa Intelligent Stethoscope 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 Intelligent Stethoscope 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 Intelligent Stethoscope Market Size and Volume Forecast by Application
13.4.1. Hospitals
13.4.2. Clinics
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Intelligent Stethoscope Market Size and Volume Forecast by Type
13.7.1. Wireless Stethoscope
13.7.2. Stethoscope with Wire
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 Intelligent Stethoscope Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Intelligent Stethoscope Market: Market Share Analysis
14.2. Intelligent Stethoscope Distributors and Customers
14.3. Intelligent Stethoscope Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. 3M Littmann
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Thinklabs
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hill-Rom
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. CliniCloud
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. American Diagnostics
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Dongjin Medical
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Cardionics
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Eko Devices
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. EKuore
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. HD Medical
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. SMART SOUND
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Childcare
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
