Stethoscope Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented by Type (Electronic/Digital, Smart, Traditional Acoustic, Others), By Distribution Channel (Direct Sales, Distributors/Suppliers, Online), By End User (Hospital & Clinics, Ambulatory Care Centers, Others), By Region

Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Healthcare | Format: Report available in PDF / Excel Format

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Stethoscope Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented by Type (Electronic/Digital, Smart, Traditional Acoustic, Others), By Distribution Channel (Direct Sales, Distributors/Suppliers, Online), By End User (Hospital & Clinics, Ambulatory Care Centers, Others), By Region

According to United Nations, Department of Economic and Social Affairs, Population Division, the number of persons aged 65 years or above in 2019 was about 702.9 million and this number is expected to increase to 1548.9 million by 2050.

Stethoscopes offer several advantages such as listening to sounds produced by the lungs, heart, intestinal tract, blood flow in peripheral vessels and the heart sounds of developing foetuses in pregnant women, among others. Hence, the above advantages associated with stethoscope contribute to their regular demand, thereby supporting market growth. Besides, technological advancements such as the advent of digital/ electronic stethoscope, stethoscope with Bluetooth connectivity, among others are expected to create lucrative opportunities for the market growth in the coming years.

Increasing prevalence of Cardiovascular and Pulmonary Diseases

According to the Centers for Disease Control and Prevention (CDC), heart diseases are leading cause of death in the United States. One person dies every 34 seconds in the United States from cardiovascular disease. In 2020, about 697,000 people died of heart disease in United States which is equivalent to 1 in 5 deaths.

Increasing Number of Healthcare Professionals


MIR Segment1

In 2022, total number of professionally active physicians in the United States was around 1,073,616.

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Market Segmentation

Market Players

3M Company, Heine Optotechnik GmbH & Co. KG., Hill-Rom Holdings, Inc., Medline Industries Inc, Eko Devices Inc., GF Health Products, Inc., Rudolf Riester GmbH (Halma Plc), American Diagnostics Corporation, Contec Medical Systems Co., Ltd., Think Labs Medical LLC

Attribute

Details

Base Year

2021

Historic Data

2017 â€“ 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume (in Million Units) and CAGR for 2017-2021 and 2022-2027

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         By Type

·         By Distribution Channel

·         By End User

·         By Region

Regional scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country scope

United States; Canada; Mexico; France; Germany; United Kingdom; Italy; Spain; China; India; Japan; South Korea; Australia; Malaysia; Vietnam; Indonesia; Brazil; Argentina; Colombia; South Africa; Saudi Arabia; UAE; Turkey; Egypt

Key companies profiled

3M Company, Heine Optotechnik GmbH & Co. KG., Hill-Rom Holdings, Inc., Medline Industries Inc, Eko Devices Inc., GF Health Products, Inc., Rudolf Riester GmbH (Halma Plc), American Diagnostics Corporation, Contec Medical Systems Co., Ltd., Think Labs Medical LLC

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