Echocardiography Devices Market is segmented By Product (On-Platform, Portable), By Test (Transthoracic, Transesophageal, Stress, Others), By Technolo....
Market Size in USD
CAGR5.8%
Study Period | 2024 - 2031 |
Base Year of Estimation | 2023 |
CAGR | 5.8% |
Market Concentration | Medium |
Major Players | B. Braun Melsungen AG, Medtronic, BD (Becton, Dickinson and Company), Fresenius Kabi AG, Baxter |
The echocardiography devices market is estimated to be valued at USD 10.21 Bn in 2024 and is expected to reach USD 15.13 Bn billion by 2031, growing at a compound annual growth rate (CAGR) of 5.8% from 2024 to 2031. Key factors driving the market growth include rising prevalence of cardiovascular diseases, increasing geriatric population, and technological advancements in echocardiography devices.