Evolution of stethoscopes have played a crucial part in diagnostics and are expected to be a key component of the overall healthcare sector in the coming years as well. Transparency Market Research states that stethoscopes will be the most preferred diagnostic tool in the healthcare sector despite the introduction of several ultrasound systems. The research report, titled “Stethoscopes Market – Global Industry Size, Market Share, Trends, Analysis And Forecasts 2012 – 2018,” analyzes the factors that will support the growth of the global market as well restrain it. The researchers have used a SWOT analysis to estimate the strengths, weaknesses, opportunities, and threats impacting the segments of the overall market. The report aims to provide to its readers an objective understanding of the market dynamics along with providing them a trajectory of market’s growth.
Download exclusive Sample of this report:
According to the research report, the global stethoscope market is estimated to reach a valuation of US$342 mn by 2017. This growth will be a result of increasing demand for electronic stethoscopes and fetal heart detectors. The various products available in the global stethoscope market are manual and mechanical stethoscopes, fetal stethoscopes, fetal heart rate detectors, esophageal stethoscopes, and electronic stethoscopes. The research report indicates that the rising income of individuals, aging population, increasing number pregnancies and awareness about monitoring fetal health, and rising standards of living have all made a significant contribution toward growth of the global market. Of all these stethoscopes, the electronic ones are expected to dominate the global market as they are equipped with advanced features.
Geographically, the global market is segmented into North America, Europe, Asia Pacific, and Rest of the World. Out of these regions, the Asia Pacific stethoscopes market is likely to witness the significant growth rate due to a huge demand for healthcare, growing pool of geriatrics, and increasing investments in uplifting the state of healthcare. The increasing number of pregnancies in the region, which is also the reason for population explosion, are also expected to make a remarkable contribution to the overall stethoscopes market.
Some of the leading players operating in the global stethoscopes market are American Diagnostic Corporation, 3M, Rudolf Riester GmbH & Co. KG, A&D Medical, Escalon Medical Corporation, Medi-Stim ASA, GF Health Products Inc., Welch Allyn Inc, Tytan Medical Corp., and Medline Industries Inc. The research report has profiled these players and provided a clear understanding of the competitive landscape present in the global market. The researchers have also analyzed the ongoing research and development activities as well as studied the business and marketing strategies of these players. Furthermore, the document also includes a detailed explanation of the technological advancements so far and the projections for the same. The document clarifies all the possible perspectives about the market growth or restraint for the readers.
Browse Research Report on Global Stethoscopes Market:
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.