NORTH AMERICA CARDIOVASCULAR ULTRASOUND MARKET 2022-2028

Lifesciences | Medical Devices & Consumables

NORTH AMERICA CARDIOVASCULAR ULTRASOUND MARKET 2022-2028

Market by Display, Technology, Type, End-user, and Country Outlook | Forecast 2022-2028

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Triton Market Research’s report concludes that the cardiovascular ultrasound market in North America would progress with a 5.38% CAGR in the forecast period 2022-2028.

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The countries analyzed in this region include:

•         The United States

•         Canada

The United States is expected to be the fastest-growing market in this region in the coming years. The region is home to a number of leading companies, which largely aids in the market’s growth. The innovative products offered by these players allow healthcare professionals to diagnose and monitor cardiovascular health problems more effectively. On the other hand, strict regulatory frameworks and associated guidelines are limiting the advancement of the cardiovascular ultrasound market in North America.

It is reported that, every 34 seconds, one person dies from cardiovascular disease (CVD) in the United States. Every year, close to 805,000 people in the nation suffer a heart attack. Further, it is estimated that, by 2035, 45% of Americans would be affected by at least one heart-related disease. The growing incidence of heart diseases presents opportunities for market players to offer innovative echocardiography devices to aid in timely diagnosis so that patients can seek appropriate care.

In Canada, CVD affects around 2.4 million individuals, and is the second leading cause of death in the country. 1 out of every 10 hospitalizations here is attributable to heart disease, vascular cognitive impairment, or stroke. Multiple factors, such as an aging population, stressful lifestyles, and poor dietary choices, are contributing to the rising incidence of cardiovascular ailments. This growing disease incidence necessitates the use of cardiovascular ultrasound systems for timely detection. Increased adoption will foster the growth of the Canadian market in the coming years.

Diagnostic centers have trained specialists and dedicated equipment to perform numerous tests, including ultrasound imaging. Some hospitals are not equipped with cardiovascular ultrasound equipment in their premises. As a result, patients are redirected to these centers to undergo tests.

The report assesses the market based on end-user, display, technology, and type. Here, the end-user segment comprises diagnostic centers, hospitals, ambulatory care centers, and other end-users.

The noteworthy companies in the cardiovascular ultrasound market include Zoncare, Leltek Inc, Mindray Medical International Limited, Canon Medical Corp, Siemens Healthineers, Esaote S.p.A., Viatom Technology Co, and Clarius.

Clarius is a leading medical technology company based in Canada. It manufactures a range of scanners and associated accessories for cardiology, critical care, vascular access, emergency medical services, and other application areas. The PA HD3 wireless scanner manufactured by the company offers superior cardiac imaging. With its innovation-driven approach, Clarius has replaced complex knobs and buttons of traditional ultrasound systems with an AI-powered app offering intuitive touch-based controls. Established in 2014, the company is headquartered in Vancouver, British Columbia.

 

Key deliverables of the report:

·       Market CAGR during the forecasting years 2022-2028

·       Detailed data highlighting key insights, industry components, and market strategies

·       Comprehensive information and estimation of the cardiovascular ultrasound market revenue growth in North America and its influence on the parent market

·       In-depth study of forthcoming trends in consumer behavioral patterns

·       A meticulous analysis of the competitive landscape, vendor scorecard, and Porter’s Five Forces Analysis Model

·       A wide-ranging study of factors that will challenge the North America cardiovascular ultrasound market’s growth during the upcoming years

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Table of Content

1. NORTH AMERICA CARDIOVASCULAR ULTRASOUND MARKET – SUMMARY

2. INDUSTRY OUTLOOK

2.1. IMPACT OF COVID-19 ON THE CARDIOVASCULAR ULTRASOUND MARKET

2.2. KEY INSIGHTS

2.2.1. EMERGENCE OF ARTIFICIAL INTELLIGENCE (AI)

2.2.2. STRAIN IMAGING HAS SEEN A GRADUAL INCREASE

2.3. PORTER’S FIVE FORCES ANALYSIS

2.3.1. THREAT OF NEW ENTRANTS

2.3.2. THREAT OF SUBSTITUTES

2.3.3. BARGAINING POWER OF BUYERS

2.3.4. BARGAINING POWER OF SUPPLIERS

2.3.5. THREAT OF COMPETITIVE RIVALRY

2.4. KEY IMPACT ANALYSIS

2.4.1. QUALITY

2.4.2. DURABILITY

2.4.3. PRICE

2.4.4. TECHNOLOGY

2.5. MARKET ATTRACTIVENESS INDEX

2.6. VENDOR SCORECARD

2.7. INDUSTRY COMPONENTS

2.8. REGULATORY FRAMEWORK

2.9. KEY MARKET STRATEGIES

2.9.1. PRODUCT LAUNCHES

2.9.2. ALLIANCES

2.10. MARKET DRIVERS

2.10.1. INCREASE IN CARDIOVASCULAR DISEASE CASES

2.10.2. ADVANCEMENTS IN TECHNOLOGY

2.11. MARKET CHALLENGES

2.11.1. LACK OF AWARENESS AMONG PATIENTS

2.11.2. NEED TO ABIDE BY STRINGENT REGULATIONS

2.12. MARKET OPPORTUNITIES

2.12.1. RAPID EXPANSION OF POINT-OF-CARE ULTRASOUND (POCUS)

2.12.2. RAPID GROWTH OF FETAL ECHOCARDIOGRAPHY

3. NORTH AMERICA CARDIOVASCULAR ULTRASOUND MARKET OUTLOOK – BY DISPLAY

3.1. BLACK AND WHITE

3.2. COLORED

4. NORTH AMERICA CARDIOVASCULAR ULTRASOUND MARKET OUTLOOK – BY TECHNOLOGY

4.1. 2D

4.2. 3D/4D

4.3. DOPPLER

5. NORTH AMERICA CARDIOVASCULAR ULTRASOUND MARKET OUTLOOK – BY TYPE

5.1. TRANSTHORACIC ECHOCARDIOGRAPHY

5.2. FETAL ECHOCARDIOGRAPHY

5.3. TRANSESOPHAGEAL ECHOCARDIOGRAPHY

5.4. OTHER TYPES

6. NORTH AMERICA CARDIOVASCULAR ULTRASOUND MARKET OUTLOOK – BY END-USER

6.1. HOSPITALS

6.2. DIAGNOSTIC CENTERS

6.3. AMBULATORY CARE CENTERS

6.4. OTHER END-USERS

7. NORTH AMERICA CARDIOVASCULAR ULTRASOUND MARKET – COUNTRY OUTLOOK

7.1. UNITED STATES

7.2. CANADA

8. COMPETITIVE LANDSCAPE

8.1. GE HEALTHCARE

8.2. PHILIPS HEALTHCARE

8.3. SIEMENS HEALTHINEERS

8.4. CANON MEDICAL CORP

8.5. FUJIFILM HOLDINGS CORPORATION

8.6. SAMSUNG MEDISON CO LTD

8.7. ESAOTE S.P.A.

8.8. MINDRAY MEDICAL INTERNATIONAL LIMITED

8.9. VIATOM TECHNOLOGY CO

8.10. LANMAGE

8.11. DAWEI MEDICAL

8.12. ZONCARE

8.13. LELTEK INC

8.14. TELEMED ULTRASOUND MEDICAL SYSTEMS

8.15. CLARIUS

9. RESEARCH METHODOLOGY & SCOPE

9.1. RESEARCH SCOPE & DELIVERABLES

9.2. SOURCES OF DATA

9.3. RESEARCH METHODOLOGY

List of Tables

TABLE 1: NORTH AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 2: VENDOR SCORECARD

TABLE 3: REGULATORY FRAMEWORK

TABLE 4: LIST OF PRODUCT LAUNCHES

TABLE 5: LIST OF ALLIANCES

TABLE 6: NORTH AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 7: NORTH AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY DISPLAY, 2022-2028 (IN $ MILLION)

TABLE 8: NORTH AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY TECHNOLOGY, 2022-2028 (IN $ MILLION)

TABLE 9: NORTH AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY TYPE, 2022-2028 (IN $ MILLION)

TABLE 10: NORTH AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY END-USER, 2022-2028 (IN $ MILLION)

List of Figures

FIGURE 1: KEY BUYING IMPACT ANALYSIS

FIGURE 2: MARKET ATTRACTIVENESS INDEX

FIGURE 3: INDUSTRY COMPONENTS

FIGURE 4: NORTH AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY DISPLAY, 2021 & 2028 (IN %)

FIGURE 5: NORTH AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY BLACK AND WHITE, 2022-2028 (IN $ MILLION)

FIGURE 6: NORTH AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY COLORED, 2022-2028 (IN $ MILLION)

FIGURE 7: NORTH AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY TECHNOLOGY, 2021 & 2028 (IN %)

FIGURE 8: NORTH AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY 2D, 2022-2028 (IN $ MILLION)

FIGURE 9: NORTH AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY 3D/4D, 2022-2028 (IN $ MILLION)

FIGURE 10: NORTH AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY DOPPLER, 2022-2028 (IN $ MILLION)

FIGURE 11: NORTH AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY TYPE, 2021 & 2028 (IN %)

FIGURE 12: NORTH AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY TRANSTHORACIC ECHOCARDIOGRAPHY, 2022-2028 (IN $ MILLION)

FIGURE 13: NORTH AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY FETAL ECHOCARDIOGRAPHY, 2022-2028 (IN $ MILLION)

FIGURE 14: NORTH AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY TRANSESOPHAGEAL ECHOCARDIOGRAPHY, 2022-2028 (IN $ MILLION)

FIGURE 15: NORTH AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY OTHER TYPES, 2022-2028 (IN $ MILLION)

FIGURE 16: NORTH AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY END-USER, 2021 & 2028 (IN %)

FIGURE 17: NORTH AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY HOSPITALS, 2022-2028 (IN $ MILLION)

FIGURE 18: NORTH AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY DIAGNOSTIC CENTERS, 2022-2028 (IN $ MILLION)

FIGURE 19: NORTH AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY AMBULATORY CARE CENTERS, 2022-2028 (IN $ MILLION)

FIGURE 20: NORTH AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY OTHER END-USERS, 2022-2028 (IN $ MILLION)

FIGURE 21: NORTH AMERICA CARDIOVASCULAR ULTRASOUND MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)

FIGURE 22: UNITED STATES CARDIOVASCULAR ULTRASOUND MARKET 2022-2028 (IN $ MILLION)

FIGURE 23: CANADA CARDIOVASCULAR ULTRASOUND MARKET 2022-2028 (IN $ MILLION)

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