Well-Developed Healthcare Infrastructure along with High Prevalence of Cardiovascular Diseases Has Propelled the Growth of the Cardiovascular Ultrasound Imaging Systems Market in the North America Region!
- Himanshu Patni
- July 7, 2023
- HEALTHCARE, NEWS
- 0 Comments
North America has shown a strong presence in the cardiovascular ultrasound imaging systems market. Several factors contribute to North America’s dominance in this market. North America is known for its well-developed healthcare infrastructure, including hospitals, clinics, research institutions, and specialized centers. These facilities have the resources, expertise, and access to funding to adopt and utilize advanced diagnostic technologies. The increasing prevalence of sedentary lifestyles and rising regulatory approvals for cardiovascular ultrasound systems are some of the factors driving the demand for cardiovascular ultrasound systems in the North America market. According to the Centers for Disease Control and Prevention (CDC), over 15% of adults in the United States are physically inactive, which increases their risk of developing cardiovascular diseases. The increasing awareness about the importance of regular exercise and maintaining heart health is expected to boost the demand for cardiovascular ultrasound systems in the region.
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Furthermore, the rising incidence of cardiovascular diseases in the North America region is also expected to drive the demand for cardiovascular ultrasound systems. According to the American Heart Association, cardiovascular diseases are the leading cause of death in the United States, accounting for one in every three deaths. The increasing prevalence of these diseases is expected to drive the demand for cardiovascular ultrasound systems in the region.
In addition to these factors, the rising awareness about the benefits of using ultrasound systems for the diagnosis of cardiovascular diseases and the increasing availability of advanced ultrasound systems with advanced features are expected to drive the demand for cardiovascular ultrasound systems in the North America market. The growing demand for these systems in hospitals, clinics, and diagnostic centers is also expected to boost the market growth.
North America accounts for ~30% of the Cardiovascular Ultrasound Imaging Systems Market in 2022. North America is home to several major players in the medical device industry. These companies often have established distribution networks, market presence, and partnerships with healthcare providers, contributing to the dominance of the region in the cardiovascular ultrasound systems market.
- North America Cardiovascular Ultrasound Imaging Systems Market Revenue (2020-2030F)- USD Bn
By technology, the market is segmented into 2D-Ultrasound, 3D-Ultrasound, 4D-Ultrasound, and Doppler. Among these, doppler captured the majority share of the cardiovascular ultrasound imaging systems market in 2022. The doppler system is the most popular and widely used type of cardiovascular ultrasound system due to its ability to provide clear images in a shorter amount of time. The demand for Doppler systems is increasing in developing countries such as India and China due to the increasing adoption of advanced medical technology in these regions. This method has gained popularity in recent years due to its accuracy and ease of use. In addition, workshops and training sessions on Doppler echocardiography have helped to increase its adoption among medical professionals. For example, in March 2019, Radcliffe Cardiology conducted a workshop on 2D and Doppler echocardiography in Vail, Colorado, which covered various topics related to the use of Doppler technology for cardiac imaging. The advancement of Doppler technology is expected to further enhance the quality of cardiac imaging and drive the growth of the segment.
Based on end-users, the market is segmented into hospitals, cardiology centers, ambulatory surgical centers, and others. The hospital segment is expected to hold the maximum revenue share in the global cardiovascular ultrasound system market during the forecast period. This is because hospitals are equipped with advanced medical facilities and have a large number of patients, making them a prime target for the adoption of cardiovascular ultrasound systems. Additionally, hospitals typically have a larger budget for medical equipment purchases, which enables them to invest in high-end systems that offer superior imaging quality.
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Global Cardiovascular Ultrasound Imaging Systems Market Segmentation
Market Insight, by Product Type
- Cart/Trolley Based
- Compact/Handheld Ultrasound Devices
Market Insight, by Technology
- 2D-Ultrasound
- 3D-Ultrasound
- 4D-Ultrasound
- Doppler
Market Insights, by End-Users
- Hospitals
- Cardiology Centers
- Ambulatory Surgical Centers
- Others
Market Insight, by Region
- North America
- U.S.
- Canada
- Rest of North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Rest of APAC
- Rest of the World
Top Company Profiles
- Koninklijke Philips N.V.
- Hitachi Ltd
- Siemens Healthcare GmbH
- CANON MEDICAL SYSTEMS CORPORATION
- General Electric Company
- ESAOTE SPA
- SAMSUNG HEALTHCARE
- Shenzhen Mindray Bio-Medical Electronics Co Ltd
- FUJIFILM Sonosite Inc
- Boston Scientific Corporation