The Future of theCardiovascular Implants Market: Growth Trends, Market Size, and Opportunities to Watch
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Factors Are Propelling the Market Growth of theCardiovascular Ultrasound Market from 2025 to 2034?
The upward trend in the number of diagnostic imaging centers is set to enhance the growth trajectory of the cardiovascular ultrasound market. These centers, experts in healthcare with sophisticated medical imaging technology, are invaluable for diagnosing and monitoring a range of medical conditions including cardiovascular diseases. Cardiovascular ultrasound or echocardiography is a key diagnostic imaging modality used in these centers to provide instant images of the heart and its blood vessels. This technique aids the health professionals in gauging the cardiac function and recognizing various cardiovascular disorders and irregularities. For example, as per the Department of Health and Social Care, a government department in the UK, 73 community diagnostic centers were operating in April 2022, performing an extra 30,000 tests each week. It is predicted that these centers will rise to 160 by 2025, equating to a growth rate of 119.18%. Therefore, the growing number of diagnostic imaging centers is sure to augment the growth of the cardiovascular ultrasound market. The rise in incidents of cardiovascular disease is another factor set to fuel the growth of the cardiovascular ultrasound market. Cardiovascular disease (CVD) is a group of illnesses that affect the heart or blood vessels. Cardiovascular ultrasound, also termed as echocardiography, is a crucial non-invasive imaging technique pivotal for detection, evaluation, and treatment of cardiovascular diseases (CVD). For example, according to the British Heart Foundation, a cardiovascular research charity in the UK, around 7.6 million people are suffering from heart and circulatory diseases in the UK as of September 2024, including roughly 4 million males and 3.6 million females. These diseases account for about 27% of all deaths in the UK, amounting to more than 170,000 deaths per year, or about 480 deaths per day, equivalent to one death every three minutes. Therefore, the escalation in cardiovascular disease cases is boosting the cardiovascular ultrasound market.
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#How Does the ProjectedCardiovascular Ultrasound Market Growth Compare Over the Forecast Period?
The size of the cardiovascular ultrasound market has significantly expanded over the past few years. The market is projected to climb from $2.46 billion in 2024 to $2.6 billion in 2025, boasting a compound annual growth rate (CAGR) of 5.9%. The upsurge in the historic duration is due to various factors including the escalation in cardiovascular diseases, an aging population, patient-centric imaging, non-invasiveness and safety, better awareness and education, as well as favorable reimbursement policies.
There is expected to be a significant surge in the cardiovascular ultrasound market size in the coming years, with predictions indicating a growth to $3.45 billion by 2029, compounded annually at 7.3%. Factors contributing to this anticipated growth during the forecast period include a focus on preventive healthcare, the worldwide aging population, and value-based healthcare initiatives. Key trends forecasted for this period include enhancements in imaging technology, the introduction of artificial intelligence (AI), expansion of point-of-care ultrasound (POCUS), the use of 3D/4D transesophageal echocardiography, and the adoption of telemedicine and remote monitoring, along with improvements in data management and connectivity.
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How Are Market Trends and Innovations Revolutionizing theCardiovascular Ultrasound Industry in Recent Times?
Major companies operating in the cardiovascular ultrasound market are focusing on developing new handheld ultrasound imaging systems, such as Vscan Air SL, to provide reliable services to customers. The Vscan Air SL handheld ultrasound imaging system is a portable device that uses ultrasound waves to create images of the body’s internal structures when connected to a tablet or smartphone. For instance, in August 2023, GE HealthCare Technologies Inc., a US-based provider of medical technology, pharmaceutical diagnostics, and digital solutions, launched Vscan Air SL. This portable, wireless ultrasound imaging system can be used for rapid cardiac and vascular assessments to speed up diagnosis and treatment choices. The integration of SignalMax and XDclear, imaging performance technologies, is a unique feature of this system that allows for high penetration, resolution, and sensitivity levels using single crystal transducer technology. The new SL version contains a sector-phased array transducer for quick cardiac tests. Clinicians can bring Vscan Air to every patient due to the Vscan Air app, which is accessible on Android and iOS smartphones.
Which Key Market Players Are Shaping the Future and Growth of theCardiovascular Ultrasound Market?
Major companies operating in the cardiovascular ultrasound market report are GE HealthCare Technologies Inc., Koninklijke Philips N.V., Siemens Healthineers AG, Hitachi Medical Corp., Samsung Medison Co. Ltd., Mindray Medical International Limited, Chison Wuxi Xiangsheng Medical Technology Co. Ltd., Fujifilm Sonosite Inc., Canon Medical Systems Corporation, Clarius Mobile Health, Dawei Medical (Jiangsu) Corp. Ltd., Esaote SpA, Fujifilm Holdings Corporation, Shenzhen Lanmage Medical Technology Co. Ltd., Leltek Inc., Telemed Ultrasound Medical Systems, Viatom Technology Co, Wuhan Zoncare Bio-medical Electronics Co. Ltd., Viatom Technology Co, Teratech Corporation, Shenzhen Bestman Instrument Co. Ltd., Biim Ultrasound AS, Leltek Inc., Dawei Medical (Jiangsu) Corp. Ltd., Wuhan Zoncare Bio-medical Electronics Co. Ltd., Shenzhen WELLD Medical Electronics Co. Ltd.
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What Are the Core Segments of the Cardiovascular Ultrasound Market, and How Do They Contribute to Growth?
The cardiovascular ultrasound market covered in this report is segmented –
1) By Type: Transthoracic Echocardiography, Transesophageal Echocardiography, Fetal Echocardiography, Other Types
2) By Technology: 2D, 3D Or 4D, Doppler
3) By Display: Black Or White (B/W), Color
4) By End-Use: Hospital, Diagnostic Centers, Ambulatory Care Centers, Other End-Uses
Subsegments:
1) By Transthoracic Echocardiography (TTE): Doppler Echocardiography, 2D Echocardiography, 3D Echocardiography, Stress Echocardiography
2) By Transesophageal Echocardiography (TEE): Adult TEE, Pediatric TEE
3) By Fetal Echocardiography: Standard Fetal Echocardiography, Advanced Fetal Echocardiography
4) By Other Types: Portable Ultrasound, Contrast Echocardiography
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What Regions Are Dominating the Cardiovascular Ultrasound Market Growth?
North America was the largest region in the cardiovascular ultrasound market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the cardiovascular ultrasound market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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