Global Echocardiography Market Research Report 2019 (Includes Business Impact of COVID-19)

                                          
"The ongoing Coronavirus (COVID-19) pandemic is re-shaping everything from global economies to product categories, pricing, and stock availability to the consumer behavior. The final report is updated to address the impact of COVID-19 on the Echocardiography market.

Trusted Business Insights is tracking mining/oil and gas, transportation, employment services, travel arrangements, and the leisure and hospitality sector closely as they are likely to be the hardest-hit sectors. Utilities, local pharma, diagnostics, consumer goods and durables, agro chem and fertilizers, and telecommunications are the sectors that will be weathering the COVID-19 storm and most likely come out relatively unscathed. Interdependencies of sectors are factored in our research report on the Echocardiography market."
An echocardiogram is a type of ultrasound examination, which uses high-pitched sound waves that pass through a device called a transducer. The device receives echoes of the sound waves as they bounce off to different areas of the heart. These echoes are converted into moving pictures of the heart, which can be seen on a video screen. Echocardiography is an important modality for diagnosing heart diseases. Multi-specialty hospitals with good infrastructure facilities and comprising more than 500 beds use over 10,000 cart-based, laptop/dockable, and portable/handheld echocardiography devices to diagnose and monitor patients. The growing technological advancements further help to develop three-dimensional (3D) modality software based on echocardiography systems to provide 3D images of the anatomical function of the heart.
The global echocardiography market will post a CAGR of more than 3.8% during the forecast period. The rising demand for 3D/4D echocardiography is one of the primary drivers for market growth. The benefits of 3D/4D echocardiography over the traditional echocardiography process is foreseen to drive the market in the future. Advantages such as faster diagnosis and quantification, detailed, accurate, and precise images of the heart with the rising awareness among physicians and end-users is anticipated to drive the adoption rates. Moreover, the 3D/4D echocardiography offers precise heart views with good image quality, which cannot be done with 2D data. For instance, the University of Colorado Hospital is implementing the 3D real-time (3D/4D) TEE echocardiography systems such as iE33 system developed by Koninklijke Philips due to its high and precise image capability and ease of use. Therefore, the rising number of multispecialty hospitals, mounting healthcare expenditure, and well-established infrastructure capabilities will raise the adoption rate of 3D/4D echocardiography and in turn propel the growth of the echocardiography market.
Tier-1 players dominate the global echocardiography market and these players have strong positions compared to the Tier-2/Tier-3 vendors. The market competition will rise with the technological advancements and new product launches.  Moreover, the manufacturers develop and introduce innovative products like 4D imaging-capable devices, mobile cloud-based software to offer patient satisfaction.

The global Echocardiography market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Echocardiography volume and value at global level, regional level and company level. From a global perspective, this report represents overall Echocardiography market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:
    GE Healthcare
    Koninklijke Philips
    Siemens Healthcare
    Toshiba Medical Systems
    ALPINION MEDICAL SYSTEMS
    Bay Labs
    Biosense Webster
    Boston Scientific
    Bracco Imaging
    Carestream Health
    CHISON
    ContextVision
    Digirad
    Ecare Medical Technology
    Esaote
    Fujifilm
    Hitachi
    MediMatic
    Mobisante
    Samsung Medison
    MIDAS Software Solutions
    St. Jude Medical
    TELEMED Medical Systems

Segment by Regions
    North America
    Europe
    China
    Japan

Segment by Type
    Cart/trolley -based echocardiography devices
    Portable/handheld echocardiography devices

Segment by Application
    Hospitals
    Diagnostic centers