Stethoscope is a medical device used for listening to internal sounds of a human being such as heart and lung sounds. Stethoscope naturally has a small disc shaped resonator that is placed against the chest and two tubes are connected to earpieces. This device is also used for listening to intestines and blood flow in arteries and veins.
Increase in geriatric population has increased the demand for newly advanced stethoscope technology for the primary diagnosis of several chronic health conditions. People above 65 years of age are at a higher risk of developing chronic diseases. According to WHO, the world population aged 60 years and older is expected to reach up to 2 billion by 2050 from 900 million in 2015. This is expected to drive the market.
Furthermore, the introduction of new products, ongoing R&D by market players & universities, geographical expansion of market players, and several government initiatives are likely to boost the market during the forecast period. For instance, the Chinese government plans to expand insurance coverage by providing demand subsidies to the rural population by introducing a New Cooperative Medical Scheme to raise care cost for improved and rapid treatment.
In 2019, the market size of Stethoscopes is 310 million US$ and it will reach 440 million US$ in 2025, growing at a CAGR of 4.5% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Stethoscopes.
This report studies the global market size of Stethoscopes, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Stethoscopes production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
3M
American Diagnostic
GF Health Products
Medline Industries
Rudolf Riester
A&D Medical
Contec Medical Systems
ERKA
EXANOVO GROUP
Market Segment by Product Type
Manual & Mechanical Stethoscopes
Electronic Stethoscopes
Esophageal Stethoscopes
Fetal Stethoscopes
Fetal Heart Rate Detectors
Market Segment by Application
Hospitals
Clinics
Healthcare Institutes & Organizations
Home Care Settings
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Stethoscopes status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Stethoscopes manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Stethoscopes are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Stethoscopes. Industry analysis & Market Report on Stethoscopes is a syndicated market report, published as Global (United States, European Union and China) Stethoscopes Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Stethoscopes market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.