Global (United States, European Union and China) Echocardiography Market Research Report 2019-2025

An echocardiogram is a type of ultrasound examination, which uses high-pitched sound waves that pass through a device called a transducer. The device receives echoes of the sound waves as they bounce off to different areas of the heart. These echoes are converted into moving pictures of the heart, which can be seen on a video screen. Echocardiography is an important modality for diagnosing heart diseases. Multi-specialty hospitals with good infrastructure facilities and comprising more than 500 beds use over 10,000 cart-based, laptop/dockable, and portable/handheld echocardiography devices to diagnose and monitor patients. The growing technological advancements further help to develop three-dimensional (3D) modality software based on echocardiography systems to provide 3D images of the anatomical function of the heart.
The global echocardiography market will post a CAGR of more than 3.8% during the forecast period. The rising demand for 3D/4D echocardiography is one of the primary drivers for market growth. The benefits of 3D/4D echocardiography over the traditional echocardiography process is foreseen to drive the market in the future. Advantages such as faster diagnosis and quantification, detailed, accurate, and precise images of the heart with the rising awareness among physicians and end-users is anticipated to drive the adoption rates. Moreover, the 3D/4D echocardiography offers precise heart views with good image quality, which cannot be done with 2D data. For instance, the University of Colorado Hospital is implementing the 3D real-time (3D/4D) TEE echocardiography systems such as iE33 system developed by Koninklijke Philips due to its high and precise image capability and ease of use. Therefore, the rising number of multispecialty hospitals, mounting healthcare expenditure, and well-established infrastructure capabilities will raise the adoption rate of 3D/4D echocardiography and in turn propel the growth of the echocardiography market.
Tier-1 players dominate the global echocardiography market and these players have strong positions compared to the Tier-2/Tier-3 vendors. The market competition will rise with the technological advancements and new product launches.  Moreover, the manufacturers develop and introduce innovative products like 4D imaging-capable devices, mobile cloud-based software to offer patient satisfaction.
In 2019, the market size of Echocardiography is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% 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 Echocardiography. 

This report studies the global market size of Echocardiography, 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 Echocardiography 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: 
    GE Healthcare
    Koninklijke Philips
    Siemens Healthcare
    Toshiba Medical Systems
    ALPINION MEDICAL SYSTEMS
    Bay Labs
    Biosense Webster
    Boston Scientific
    Bracco Imaging
    Carestream Health
    CHISON
    ContextVision
    Digirad
    Ecare Medical Technology
    Esaote
    Fujifilm
    Hitachi
    MediMatic
    Mobisante
    Samsung Medison
    MIDAS Software Solutions
    St. Jude Medical
    TELEMED Medical Systems

Market Segment by Product Type
    Cart/trolley -based echocardiography devices
    Portable/handheld echocardiography devices

Market Segment by Application
    Hospitals
    Diagnostic centers

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 Echocardiography 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 Echocardiography 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 Echocardiography are as follows:
    History Year: 2014-2018
    Base Year: 2018
    Estimated Year: 2019
    Forecast Year 2019 to 2025