Cardiovascular Ultrasound Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application, Product Type
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Introduction
Cardiovascular ultrasound systems, including transthoracic, transesophageal, and fetal echocardiography, are critical for diagnosing cardiovascular diseases (CVDs), which cause 20.5 million deaths annually. The market is driven by rising CVD risk factors like hypertension (1.3 billion cases) and diabetes (600 million cases), alongside aging populations and congenital heart disease (1.3 million newborns yearly). Innovations like AI guidance and portable systems enhance accessibility. The global market is projected to reach between USD 1.5 billion and USD 2.2 billion in 2025, with a CAGR of 4.6% to 6.9% through 2030.
Regional Analysis
North America: The U.S. leads with high CVD rates, while Canada focuses on elderly diagnostics.
Europe: Germany, France, and the UK drive demand due to advanced imaging.
Asia Pacific: China and India see growth from rising chronic diseases, while Japan emphasizes fetal care.
Rest of the World: Brazil expands cardiac services, and the Middle East invests in diagnostics.
Application Analysis
Hospitals: Expected growth of 4.7%-7.0%, driven by acute care. Trends focus on integration.
Diagnostic Centers: Projected growth of 4.6%-6.9%, linked to routine screening. Developments emphasize precision.
Ambulatory Care Centers: Anticipated growth of 4.8%-7.1%, suited for outpatient use. Advances prioritize portability.
Others: Expected growth of 4.5%-6.8%, covering niche uses. Trends lean toward accessibility.
Type Analysis
Transthoracic Echocardiography: Expected growth of 4.6%-6.9%, valued for routine use. Trends highlight AI enhancements.
Transesophageal Echocardiography: Projected growth of 4.7%-7.0%, key for detailed imaging. Advances focus on resolution.
Fetal Echocardiography: Anticipated growth of 4.8%-7.1%, driven by congenital cases. Innovations emphasize early detection.
Others: Expected growth of 4.5%-6.8%, covering specialized types. Trends prioritize versatility.
Key Market Players
Leading firms include Philips, offering advanced imaging; Siemens Healthineers, enhancing diagnostics; Canon Medical Systems, focusing on resolution; Mindray Medical, scaling solutions; Samsung Medison, targeting fetal care; Esaote, boosting portability; FUJIFILM SonoSite, launching ALOKA; Konica Minolta, advancing tech; and Trivitron Healthcare, expanding in India.
Porter's Five Forces Analysis
Threat of New Entrants: Moderate, due to tech and regulatory barriers, though AI innovators can enter.
Threat of Substitutes: Low, as ultrasound is essential for non-invasive CVD diagnosis with no direct alternatives.
Bargaining Power of Buyers: Moderate, with facilities seeking reliable, cost-effective systems, though clinical needs limit options.
Bargaining Power of Suppliers: Low, with multiple component providers.
Competitive Rivalry: High, with competition on AI, portability, and resolution.
Market Opportunities and Challenges
Opportunities:
CVDs (20.5 million deaths) and risk factors (1.3 billion hypertension cases) drive demand.
Aging populations (2.1 billion over 60 by 2050) boost needs, while AI and portable systems enhance adoption.
Fetal cases (1.3 million) increase usage.
Challenges:
High costs of advanced systems limit access in low-income regions.
Regulatory delays for AI tech slow growth.
Limited sonographers in rural areas restrict expansion.
Market News
In August 2024, the FDA cleared UltraSight’s AI-powered cardiac ultrasound software.
In February 2024, FUJIFILM India launched the ALOKA ARIETTA 850 in Bengaluru.
In April 2022, Trivitron Healthcare opened a second ultrasound facility in Mumbai.
Chapter 1 Executive Summary
Chapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 Cardiovascular Ultrasound Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Historical and Forecast Cardiovascular Ultrasound Market in North America (2020-2030)
8.1 Cardiovascular Ultrasound Market Size
8.2 Cardiovascular Ultrasound Market by End Use
8.3 Competition by Players/Suppliers
8.4 Cardiovascular Ultrasound Market Size by Type
8.5 Key Countries Analysis
8.5.1 United States
8.5.2 Canada
8.5.3 Mexico
Chapter 9 Historical and Forecast Cardiovascular Ultrasound Market in South America (2020-2030)
9.1 Cardiovascular Ultrasound Market Size
9.2 Cardiovascular Ultrasound Market by End Use
9.3 Competition by Players/Suppliers
9.4 Cardiovascular Ultrasound Market Size by Type
9.5 Key Countries Analysis
9.5.1 Brazil
9.5.2 Argentina
9.5.3 Chile
9.5.4 Peru
Chapter 10 Historical and Forecast Cardiovascular Ultrasound Market in Asia & Pacific (2020-2030)
10.1 Cardiovascular Ultrasound Market Size
10.2 Cardiovascular Ultrasound Market by End Use
10.3 Competition by Players/Suppliers
10.4 Cardiovascular Ultrasound Market Size by Type
10.5 Key Countries Analysis
10.5.1 China
10.5.2 India
10.5.3 Japan
10.5.4 South Korea
10.5.5 Southest Asia
10.5.6 Australia
Chapter 11 Historical and Forecast Cardiovascular Ultrasound Market in Europe (2020-2030)
11.1 Cardiovascular Ultrasound Market Size
11.2 Cardiovascular Ultrasound Market by End Use
11.3 Competition by Players/Suppliers
11.4 Cardiovascular Ultrasound Market Size by Type
11.5 Key Countries Analysis
11.5.1 Germany
11.5.2 France
11.5.3 United Kingdom
11.5.4 Italy
11.5.5 Spain
11.5.6 Belgium
11.5.7 Netherlands
11.5.8 Austria
11.5.9 Poland
11.5.10 Russia
Chapter 12 Historical and Forecast Cardiovascular Ultrasound Market in MEA (2020-2030)
12.1 Cardiovascular Ultrasound Market Size
12.2 Cardiovascular Ultrasound Market by End Use
12.3 Competition by Players/Suppliers
12.4 Cardiovascular Ultrasound Market Size by Type
12.5 Key Countries Analysis
12.5.1 Egypt
12.5.2 Israel
12.5.3 South Africa
12.5.4 Gulf Cooperation Council Countries
12.5.5 Turkey
Chapter 13 Summary For Global Cardiovascular Ultrasound Market (2020-2025)
13.1 Cardiovascular Ultrasound Market Size
13.2 Cardiovascular Ultrasound Market by End Use
13.3 Competition by Players/Suppliers
13.4 Cardiovascular Ultrasound Market Size by Type
Chapter 14 Global Cardiovascular Ultrasound Market Forecast (2025-2030)
14.1 Cardiovascular Ultrasound Market Size Forecast
14.2 Cardiovascular Ultrasound Application Forecast
14.3 Competition by Players/Suppliers
14.4 Cardiovascular Ultrasound Type Forecast
Chapter 15 Analysis of Global Key Vendors
15.1 Philips
15.1.1 Company Profile
15.1.2 Main Business and Cardiovascular Ultrasound Information
15.1.3 SWOT Analysis of Philips
15.1.4 Philips Cardiovascular Ultrasound Sales, Revenue, Price and Gross Margin (2020-2025)
15.2 Siemens Healthineers
15.2.1 Company Profile
15.2.2 Main Business and Cardiovascular Ultrasound Information
15.2.3 SWOT Analysis of Siemens Healthineers
15.2.4 Siemens Healthineers Cardiovascular Ultrasound Sales, Revenue, Price and Gross Margin (2020-2025)
15.3 Canon Medical Systems
15.3.1 Company Profile
15.3.2 Main Business and Cardiovascular Ultrasound Information
15.3.3 SWOT Analysis of Canon Medical Systems
15.3.4 Canon Medical Systems Cardiovascular Ultrasound Sales, Revenue, Price and Gross Margin (2020-2025)
15.4 Mindray Medical International Limited
15.4.1 Company Profile
15.4.2 Main Business and Cardiovascular Ultrasound Information
15.4.3 SWOT Analysis of Mindray Medical International Limited
15.4.4 Mindray Medical International Limited Cardiovascular Ultrasound Sales, Revenue, Price and Gross Margin (2020-2025)
15.5 Samsung Medison
15.5.1 Company Profile
15.5.2 Main Business and Cardiovascular Ultrasound Information
15.5.3 SWOT Analysis of Samsung Medison
15.5.4 Samsung Medison Cardiovascular Ultrasound Sales, Revenue, Price and Gross Margin (2020-2025)
15.6 Esaote
15.6.1 Company Profile
15.6.2 Main Business and Cardiovascular Ultrasound Information
15.6.3 SWOT Analysis of Esaote
15.6.4 Esaote Cardiovascular Ultrasound Sales, Revenue, Price and Gross Margin (2020-2025)
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Table Research Scope Of Cardiovascular Ultrasound Report
Table Data Sources Of Cardiovascular Ultrasound Report
Table Major Assumptions Of Cardiovascular Ultrasound Report
Table Cardiovascular Ultrasound Classification
Table Cardiovascular Ultrasound Applications
Table Drivers Of Cardiovascular Ultrasound Market
Table Restraints Of Cardiovascular Ultrasound Market
Table Opportunities Of Cardiovascular Ultrasound Market
Table Threats Of Cardiovascular Ultrasound Market
Table Raw Materials Suppliers
Table Different Production Methods Of Cardiovascular Ultrasound
Table Cost Structure Analysis Of Cardiovascular Ultrasound
Table Key End Users
Table Latest News Of Cardiovascular Ultrasound Market
Table Merger And Acquisition
Table Planned/Future Project Of Cardiovascular Ultrasound Market
Table Policy Of Cardiovascular Ultrasound Market
Table 2020-2030 North America Cardiovascular Ultrasound Market Size
Table 2020-2030 North America Cardiovascular Ultrasound Market Size By Application
Table 2020-2025 North America Cardiovascular Ultrasound Key Players Revenue
Table 2020-2025 North America Cardiovascular Ultrasound Key Players Market Share
Table 2020-2030 North America Cardiovascular Ultrasound Market Size By Type
Table 2020-2030 United States Cardiovascular Ultrasound Market Size
Table 2020-2030 Canada Cardiovascular Ultrasound Market Size
Table 2020-2030 Mexico Cardiovascular Ultrasound Market Size
Table 2020-2030 South America Cardiovascular Ultrasound Market Size
Table 2020-2030 South America Cardiovascular Ultrasound Market Size By Application
Table 2020-2025 South America Cardiovascular Ultrasound Key Players Revenue
Table 2020-2025 South America Cardiovascular Ultrasound Key Players Market Share
Table 2020-2030 South America Cardiovascular Ultrasound Market Size By Type
Table 2020-2030 Brazil Cardiovascular Ultrasound Market Size
Table 2020-2030 Argentina Cardiovascular Ultrasound Market Size
Table 2020-2030 Chile Cardiovascular Ultrasound Market Size
Table 2020-2030 Peru Cardiovascular Ultrasound Market Size
Table 2020-2030 Asia & Pacific Cardiovascular Ultrasound Market Size
Table 2020-2030 Asia & Pacific Cardiovascular Ultrasound Market Size By Application
Table 2020-2025 Asia & Pacific Cardiovascular Ultrasound Key Players Revenue
Table 2020-2025 Asia & Pacific Cardiovascular Ultrasound Key Players Market Share
Table 2020-2030 Asia & Pacific Cardiovascular Ultrasound Market Size By Type
Table 2020-2030 China Cardiovascular Ultrasound Market Size
Table 2020-2030 India Cardiovascular Ultrasound Market Size
Table 2020-2030 Japan Cardiovascular Ultrasound Market Size
Table 2020-2030 South Korea Cardiovascular Ultrasound Market Size
Table 2020-2030 Southeast Asia Cardiovascular Ultrasound Market Size
Table 2020-2030 Australia Cardiovascular Ultrasound Market Size
Table 2020-2030 Europe Cardiovascular Ultrasound Market Size
Table 2020-2030 Europe Cardiovascular Ultrasound Market Size By Application
Table 2020-2025 Europe Cardiovascular Ultrasound Key Players Revenue
Table 2020-2025 Europe Cardiovascular Ultrasound Key Players Market Share
Table 2020-2030 Europe Cardiovascular Ultrasound Market Size By Type
Table 2020-2030 Germany Cardiovascular Ultrasound Market Size
Table 2020-2030 France Cardiovascular Ultrasound Market Size
Table 2020-2030 United Kingdom Cardiovascular Ultrasound Market Size
Table 2020-2030 Italy Cardiovascular Ultrasound Market Size
Table 2020-2030 Spain Cardiovascular Ultrasound Market Size
Table 2020-2030 Belgium Cardiovascular Ultrasound Market Size
Table 2020-2030 Netherlands Cardiovascular Ultrasound Market Size
Table 2020-2030 Austria Cardiovascular Ultrasound Market Size
Table 2020-2030 Poland Cardiovascular Ultrasound Market Size
Table 2020-2030 Russia Cardiovascular Ultrasound Market Size
Table 2020-2030 Mea Cardiovascular Ultrasound Market Size
Table 2020-2030 Mea Cardiovascular Ultrasound Market Size By Application
Table 2020-2025 Mea Cardiovascular Ultrasound Key Players Revenue
Table 2020-2025 Mea Cardiovascular Ultrasound Key Players Market Share
Table 2020-2030 Mea Cardiovascular Ultrasound Market Size By Type
Table 2020-2030 Egypt Cardiovascular Ultrasound Market Size
Table 2020-2030 Israel Cardiovascular Ultrasound Market Size
Table 2020-2030 South Africa Cardiovascular Ultrasound Market Size
Table 2020-2030 Gulf Cooperation Council Countries Cardiovascular Ultrasound Market Size
Table 2020-2030 Turkey Cardiovascular Ultrasound Market Size
Table 2020-2025 Global Cardiovascular Ultrasound Market Size By Region
Table 2020-2025 Global Cardiovascular Ultrasound Market Size Share By Region
Table 2020-2025 Global Cardiovascular Ultrasound Market Size By Application
Table 2020-2025 Global Cardiovascular Ultrasound Market Share By Application
Table 2020-2025 Global Cardiovascular Ultrasound Key Vendors Revenue
Table 2020-2025 Global Cardiovascular Ultrasound Key Vendors Market Share
Table 2020-2025 Global Cardiovascular Ultrasound Market Size By Type
Table 2020-2025 Global Cardiovascular Ultrasound Market Share By Type
Table 2025-2030 Global Cardiovascular Ultrasound Market Size By Region
Table 2025-2030 Global Cardiovascular Ultrasound Market Size Share By Region
Table 2025-2030 Global Cardiovascular Ultrasound Market Size By Application
Table 2025-2030 Global Cardiovascular Ultrasound Market Share By Application
Table 2025-2030 Global Cardiovascular Ultrasound Key Vendors Revenue
Table 2025-2030 Global Cardiovascular Ultrasound Key Vendors Market Share
Table 2025-2030 Global Cardiovascular Ultrasound Market Size By Type
Table 2025-2030 Cardiovascular Ultrasound Global Market Share By Type
Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Cardiovascular Ultrasound Picture
Figure 2020-2030 North America Cardiovascular Ultrasound Market Size And Cagr
Figure 2020-2030 South America Cardiovascular Ultrasound Market Size And Cagr
Figure 2020-2030 Asia & Pacific Cardiovascular Ultrasound Market Size And Cagr
Figure 2020-2030 Europe Cardiovascular Ultrasound Market Size And Cagr
Figure 2020-2030 Mea Cardiovascular Ultrasound Market Size And Cagr
Figure 2020-2025 Global Cardiovascular Ultrasound Market Size And Growth Rate
Figure 2025-2030 Global Cardiovascular Ultrasound Market Size And Growth Rate
Research Methodology
- Market Estimated Methodology:
Bottom-up & top-down approach, supply & demand approach are the most important method which is used by HDIN Research to estimate the market size.
1)Top-down & Bottom-up Approach
Top-down approach uses a general market size figure and determines the percentage that the objective market represents.
Bottom-up approach size the objective market by collecting the sub-segment information.
2)Supply & Demand Approach
Supply approach is based on assessments of the size of each competitor supplying the objective market.
Demand approach combine end-user data within a market to estimate the objective market size. It is sometimes referred to as bottom-up approach.
- Forecasting Methodology
- Numerous factors impacting the market trend are considered for forecast model:
- New technology and application in the future;
- New project planned/under contraction;
- Global and regional underlying economic growth;
- Threatens of substitute products;
- Industry expert opinion;
- Policy and Society implication.
- Analysis Tools
1)PEST Analysis
PEST Analysis is a simple and widely used tool that helps our client analyze the Political, Economic, Socio-Cultural, and Technological changes in their business environment.
- Benefits of a PEST analysis:
- It helps you to spot business opportunities, and it gives you advanced warning of significant threats.
- It reveals the direction of change within your business environment. This helps you shape what you’re doing, so that you work with change, rather than against it.
- It helps you avoid starting projects that are likely to fail, for reasons beyond your control.
- It can help you break free of unconscious assumptions when you enter a new country, region, or market; because it helps you develop an objective view of this new environment.
2)Porter’s Five Force Model Analysis
The Porter’s Five Force Model is a tool that can be used to analyze the opportunities and overall competitive advantage. The five forces that can assist in determining the competitive intensity and potential attractiveness within a specific area.
- Threat of New Entrants: Profitable industries that yield high returns will attract new firms.
- Threat of Substitutes: A substitute product uses a different technology to try to solve the same economic need.
- Bargaining Power of Customers: the ability of customers to put the firm under pressure, which also affects the customer's sensitivity to price changes.
- Bargaining Power of Suppliers: Suppliers of raw materials, components, labor, and services (such as expertise) to the firm can be a source of power over the firm when there are few substitutes.
- Competitive Rivalry: For most industries the intensity of competitive rivalry is the major determinant of the competitiveness of the industry.
3)Value Chain Analysis
Value chain analysis is a tool to identify activities, within and around the firm and relating these activities to an assessment of competitive strength. Value chain can be analyzed by primary activities and supportive activities. Primary activities include: inbound logistics, operations, outbound logistics, marketing & sales, service. Support activities include: technology development, human resource management, management, finance, legal, planning.
4)SWOT Analysis
SWOT analysis is a tool used to evaluate a company's competitive position by identifying its strengths, weaknesses, opportunities and threats. The strengths and weakness is the inner factor; the opportunities and threats are the external factor. By analyzing the inner and external factors, the analysis can provide the detail information of the position of a player and the characteristics of the industry.
- Strengths describe what the player excels at and separates it from the competition
- Weaknesses stop the player from performing at its optimum level.
- Opportunities refer to favorable external factors that the player can use to give it a competitive advantage.
- Threats refer to factors that have the potential to harm the player.
- Data Sources
Primary Sources | Secondary Sources |
---|---|
Face to face/Phone Interviews with market participants, such as: Manufactures; Distributors; End-users; Experts. Online Survey |
Government/International Organization Data: Annual Report/Presentation/Fact Book Internet Source Information Industry Association Data Free/Purchased Database Market Research Report Book/Journal/News |