Global Electronic Stethoscopes Market 2019-2023

The global electronic stethoscopes market size will grow by over USD 53.7 million during 2019-2023. This report provides a detailed analysis of the market based on segmentation (visual, and non-visual) and geography (the Americas, APAC, and EMEA). The report also provides an analysis of the market’s competitive landscape and offers information on several electronic stethoscope manufacturers including 3M, American Diagnostic, CONTEC MEDICAL SYSTEMS, Eko, and Thinklabs Medical.

Some of the key findings from our electronic stethoscopes market forecast report are summarized below:

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Global electronic stethoscopes industry overview

Electronic stethoscope manufacturers are integrating new technologies into their devices to offer product differentiation. For instance, Ekoscope developed by PARACE BIONICS is a multi-patented, FDA approved, portable, electronic medical device that has both electrocardiogram (ECG) and stethoscope capabilities. Integration of innovative technologies is expected to fuel the growth of the electronic stethoscopes market during the next five years.

The demand for patient care services is growing because of the increasing incidences of communicable diseases, cardiovascular diseases, and short-term and long-term disabilities. This has increased the number of people admitted to hospitals due to these diseases and health conditions. Thus, the increasing number of hospital admissions for chronic health conditions is a significant factor responsible for the electronic stethoscopes market growth at a CAGR of over 5% during the forecast period.

Top electronic stethoscopes companies covered in this market research report

The global electronic stethoscopes market is fairly fragmented. To help clients improve their revenue shares in this market, this research report provides an analysis of the market’s competitive landscape and offers information on the products offered by various leading companies. This electronic stethoscope market analysis report suggests strategies companies can follow and recommends key areas they should focus on to make the most of upcoming growth opportunities.

The report offers a detailed analysis of several leading companies, including:

• 3M
• American Diagnostic
• CONTEC MEDICAL SYSTEMS
• Eko
• Thinklabs Medical  

Electronic stethoscopes market segmentation based on product

• Visual
• Non-visual

The non-visual segment will account for the highest market share in the electronic stethoscopes market. Additionally, the report also gives an exact prediction of the contribution of both the product segments to the growth of the electronic stethoscopes market size.

Electronic stethoscopes market segmentation based on geographic region

• Americas
• APAC
• EMEA

With a complete study of the growth opportunities for the companies across regions, the Americas will contribute to the highest share of this market throughout the forecast period.

Key highlights of the global electronic stethoscopes market for the forecast years 2019-2023:

• CAGR of the market during the forecast period 2019-2023
• Detailed information on factors that will accelerate the growth of the electronic stethoscopes market during the next five years
• Precise estimation of the global electronic stethoscopes market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the electronic stethoscopes industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on factors that will challenge the growth of electronic stethoscope companies

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