Electronic Stethoscope Market - Growth, Trends, and Forecasts (2020-2025)

The Electronic Stethoscope market is segmented by Product, Technology (Integrated Chest-Piece System, Wireless Transmission System and Integrated Receiver Head-Piece System), End User and Geography

Market Snapshot

Electronic Stethoscope Market Summary
Study Period: 2017-2025
Base Year: 2019
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: 5.1 %

Need a report that reflects how COVID-19 has impacted this market and its growth?

Market Overview

The Electronic Stethoscope market studied is expected to grow with an anticipated CAGR of 5.1%, during the forecast period. The increase in global geriatric population, high prevalence of cardiovascular and pulmonary diseases, rising demand for teleconsultation and advancements in the technology for sophisticated medical devices are the major drivers of the growth of global electronic stethoscope market. 

The features of electronic stethoscope such as variable amplification of sound, minimized interference of noise and ability to capture signal for visualization and storage has provided lucrative opportunity for the tremendous growth of electronic stethoscope market. According to the World Population Prospects: the 2019 Revision, the total number of people above 65 years exceeded the total number of children below 5years of age globally in 2018. This scenario results in increasing incidence of chronic diseases across globe which requires medical attention. In view of these key factors, the Electronic Stethoscope market is anticipated to upsurge over the forecast period.

Scope of the Report

Electronic stethoscopes convert the acoustic sound waves obtained from the body into electrical signals, which are then amplified and processed for optimal listening and diagnosis. The electronic stethoscopes are accompanied by computer- aided auscultation programs/software that help in recording and visualizing the sounds for precise and early diagnosis of the disease condition.

By Product
Amplified Electronic Stethoscopes
Digital Electronic Stethoscopes
By Technology
Integrated Chest-Piece System
Wireless Transmission System
Integrated Receiver Head-Piece System
By End User
Hospitals & Clinics
Ambulatory Surgery Centers
Others
Geography
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World

Report scope can be customized per your requirements. Click here.

Key Market Trends

The Wireless Transmission System is Expected to Occupy a Major Share in the Electronic Stethoscope Market Over the Forecast Period

The progression in the Bluetooth technology has opened the way for the innovation of wireless stethoscopes. This helps the healthcare providers to listen to the patients without any physical contact. The wireless electronic stethoscopes assist physicians in contactless evaluation of the patients, thereby protecting themselves from various infectious pathogens. With the increasing demand for teleconsultation services in the recent years, the wireless electronic stethoscopes help healthcare providers to analyze and share the auscultations across the globe in real time. In view of these factors, the Wireless Transmission System based Electronic Stethoscope market is expected to grow tremendously over the forecast period.

Electronic Stethoscope Market trend 1_Graph.png

North America is Anticipated to Witness a Healthy Growth in Electronic Stethoscope Market Over the Forecast Period

The major factors driving the growth of Electronic Stethoscope market in North America are the increasing geriatric population, high prevalence of chronic illness such as cardiac and pulmonary diseases, existence of most of the major players and high adoption to advancing technology. As per Center for Disease Control and Prevention (CDC), heart disease is one of the major cause of death in United States. As per American Heart Association report, one person dies every 38 secs due to cardiovascular disease. This shows that there is a rising demand for medical expertise and devices to combat with the chronic diseases. Hence, North America is expected to propel significantly in Electronic Stethoscope market over the forecast period which aids in early diagnosis of cardiovascular and related disease.

Electronic Stethoscope Market_Geography trend.png

Competitive Landscape

The Electronic Stethoscope market is highly competitive. The major players in the studied market include 3M, American Diagnostic Corporation. Cardionics, Contec Medical Systems Co.,Ltd., ThinkLabs Medical LLC, eKuore, Welch Allyn, Yuwell and Meditech Equipment Co., Ltd. The major players are involved in various strategies such as collaborations, acquisitions and development of new products by investing in research and technology to secure their positions in global market.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 High Prevalence of Cardiovascular and Pulmonary Diseases

      2. 4.2.2 Advancements in Technology

      3. 4.2.3 Rising Demand for Teleconsultation

    3. 4.3 Market Restraints

      1. 4.3.1 High Cost of Device

      2. 4.3.2 Interference with Other Electronic Devices

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Product

      1. 5.1.1 Amplified Electronic Stethoscopes

      2. 5.1.2 Digital Electronic Stethoscopes

    2. 5.2 By Technology

      1. 5.2.1 Integrated Chest-Piece System

      2. 5.2.2 Wireless Transmission System

      3. 5.2.3 Integrated Receiver Head-Piece System

    3. 5.3 By End User

      1. 5.3.1 Hospitals & Clinics

      2. 5.3.2 Ambulatory Surgery Centers

      3. 5.3.3 Others

    4. 5.4 Geography

      1. 5.4.1 North America

        1. 5.4.1.1 United States

        2. 5.4.1.2 Canada

        3. 5.4.1.3 Mexico

      2. 5.4.2 Europe

        1. 5.4.2.1 Germany

        2. 5.4.2.2 United Kingdom

        3. 5.4.2.3 France

        4. 5.4.2.4 Italy

        5. 5.4.2.5 Spain

        6. 5.4.2.6 Rest of Europe

      3. 5.4.3 Asia Pacific

        1. 5.4.3.1 China

        2. 5.4.3.2 Japan

        3. 5.4.3.3 India

        4. 5.4.3.4 Australia

        5. 5.4.3.5 South Korea

        6. 5.4.3.6 Rest of Asia-Pacific

      4. 5.4.4 Rest of the World

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 3M

      2. 6.1.2 American Diagnostic Corporation

      3. 6.1.3 Cardionics

      4. 6.1.4 AD Instruments

      5. 6.1.5 Contec Medical Systems Co., Ltd.

      6. 6.1.6 Thinklabs Medical LLC.

      7. 6.1.7 eKuore

      8. 6.1.8 Welch Allyn

      9. 6.1.9 Yuwell

      10. 6.1.10 Meditech Equipment Co., Ltd.

    2. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments

You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

The Electronic Stethoscope Market market is studied from 2017 - 2025.

The Electronic Stethoscope Market is growing at a CAGR of 5.1% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2019.

3M, American Diagnostic Corporation, Cardionics, Contec Medical Systems Co., Ltd. , AD Instruments are the major companies operating in Electronic Stethoscope Market.

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!