Global Electronic Stethoscopes Market 2019-2023

Published: Dec 2018 Pages: 111 SKU: IRTNTR30387

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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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

·         2.1 Preface

·         2.2 Preface

·         2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

·         Market ecosystem

·         Market characteristics

·         Market segmentation analysis

PART 04: MARKET SIZING

·         Market definition

·         Market sizing 2018

·         Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

·         Bargaining power of buyers

·         Bargaining power of suppliers

·         Threat of new entrants

·         Threat of substitutes

·         Threat of rivalry

·         Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

·         Market segmentation by product

·         Comparison by product

·         Non-visual - Market size and forecast 2018-2023

·         Visual - Market size and forecast 2018-2023

·         Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

·         Geographic segmentation

·         Geographic comparison

·         Americas - Market size and forecast 2018-2023

·         EMEA - Market size and forecast 2018-2023

·         APAC - Market size and forecast 2018-2023

·         Key leading countries

·         Market opportunity

PART 09: DRIVERS AND CHALLENGES

·         Market drivers

·         Market challenges

PART 10: MARKET TRENDS

·         Integration of new technologies in electronic stethoscopes

·         Increase in strategic business alliances

PART 11: VENDOR LANDSCAPE

·         Overview

·         Landscape disruption

·         Competitive scenario

PART 12: VENDOR ANALYSIS

·         Vendors covered

·         Vendor classification

·         Market positioning of vendors

·         3M

·         American Diagnostic

·         CONTEC MEDICAL SYSTEMS

·         Eko

·         Thinklabs Medical  

PART 13: APPENDIX

·         Research methodology

·         List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Key Questions Answered

  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?

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