Echocardiography Devices Market is segmented By Product (On-Platform, Portable), By Test (Transthoracic, Transesophageal, Stress, Others), By Technology (2D, 3D/4D, Doppler Imaging), By End User (Hospitals, Diagnostic Centers, Ambulatory Surgical Centers), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa). The report offers the value (in USD billion) for the above-mentioned.
Market Size in USD
CAGR5.8%
Study Period | 2024 - 2031 |
Base Year of Estimation | 2023 |
CAGR | 5.8% |
Market Concentration | Medium |
Major Players | B. Braun Melsungen AG, Medtronic, BD (Becton, Dickinson and Company), Fresenius Kabi AG, Baxter |
The echocardiography devices market is estimated to be valued at USD 10.21 Bn in 2024 and is expected to reach USD 15.13 Bn billion by 2031, growing at a compound annual growth rate (CAGR) of 5.8% from 2024 to 2031. Key factors driving the market growth include rising prevalence of cardiovascular diseases, increasing geriatric population, and technological advancements in echocardiography devices.