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Cardiology Stethoscopes Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: February 2024 || SKU: MD4247
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Cardiology Stethoscopes Market  is Segmented By Type (Acoustic, Digitizing, Neonatal, Infant, Pediatric, Fetal, Others), By Products (Dual Head, Single Head), By End-user(Hospitals, Clinics, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030.

Cardiology Stethoscopes Market Overview

Cardiology Stethoscopes Market is predicted to reach at a high CAGR 5.7% during the forecast period (2023-2030). A cardiology stethoscope is a specially designed stethoscope for use by doctors and nurses in cardiology and cardiovascular surgery. Its design allows for a greater ability to listen and identify specific heart sounds such as clicks, murmurs, and rubs.

Cardiology Stethoscopes Market Scope

Metrics

Details

Market CAGR

5.7%

Segments Covered

By Type, By Products, and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

 

Technological advancements in the cardiology stethoscope to detect congenital heart disease in patients are expected to drive market growth

Computer-assisted auscultation has become available to assist physicians with a physical examination of the heart.  It allows experienced cardiologists to evaluate heart sound samples that are collected and transmitted from geographically remote areas. Hence, children located in such areas can be timely diagnosed by experienced cardiologists. The computer can automatically analyze the uploaded samples, distinguish between abnormal and normal heart sounds, and then provide a rapid diagnosis. A significant amount of research has been carried out to evaluate the accuracy of computer-aided auscultation. Developments of signal processing and classification algorithms can be seen, which were designed to analyze heart murmurs. Despite all the efforts, the adoption of this technology in clinical practice is not widespread; this is because the accuracy and effectiveness of computer-assisted auscultation remain to be rigorously evaluated.

There have been several advances in auscultation technology, including the introduction of several electronic stethoscopes, portable Bluetooth visual electrical stethoscope, stethoscope based on Bluetooth and embedded digital stethoscope that uses the adaptive noise cancellation filter and the Type I Chebyshev IIR bandpass filter to reduce the noise of the heart sound.

The drawbacks associated with an electronic stethoscope are expected to hamper the market growth.

It has less mobility with some models, requires batteries, is more expensive than analog stethoscopes, and is easier to damage electronic components.

Industry Analysis

COVID-19 Impact on Cardiology Stethoscopes Market

The epidemic caused by the SARS-CoV-2 virus resulted in a global lockdown and wreaked havoc on cardiology stethoscopes. There is an increased risk for people suffering from heart diseases to contract the virus, especially those prone to heart attacks, and there is a high probability of death if the virus is not diagnosed on time. Moreover, there are serious concerns about the long-term worsening of cardiovascular health outcomes due to a lack of timely diagnosis. There are very few multiple stakeholders for patient access to cardiovascular treatment and therapeutics. Also, the devices like stethoscopes may increase the risk of the virus when used to listen and identify specific heart sounds such as clicks, murmurs and rubs of the Covid-19 positive patient. Additionally, the pandemic is interrupting the medical supply chain, and many companies will vary to other geographic regions in the future to ensure that products remain available and protect their supply chain. However, the situation is expected to improve gradually in the forecast period.

Cardiology Stethoscopes Market Segment Analysis

 The acoustic segment is expected to hold the largest market share in the cardiology stethoscopes market

The acoustic segment accounted for the largest market share in 2020. Serving sound waves forwarded towards the ears of the medic is what acoustic stethoscopes are held for. Sound waves in the air generate those vibrations, which build pressure in the eardrums and guide them.  Sound waves move through the scope to the ears, for instance, when the stomach gurgles or when the heart beats. The tube of this stethoscope directs the vibrations in the appropriate direction. The tubing that contains those sounds can also let the medic hear the patient’s body sounds through it.

Moreover, this stethoscope is efficient in working and can easily detect all the normal and abnormal sounds of the patients. There are some of the best acoustic stethoscopes; for instance, 3M Littmann is a well-known face in branding several noteworthy stethoscopes for different fields. One of them is the master cardiology 2176, sized from 27 inches of its black tube to become one of the robust companions for cardiologists. The headset reduces the tension and pressure while adjusting its size according to the user’s head size. It is known for its best acoustic performance, and this mechanical stethoscope consists of a tunable diaphragm. Its dual lamen tubing can notice the slight change in the sound waves and delivers accurate diagnosis information. Additionally, its stainless steel chest piece is ergonomically friendly and easy to use, while the soft ear tips also provide comfortable wear to the user. Thus, the segment is expected to hold the largest market share in the forecast period from the above statements.

Cardiology Stethoscopes Market Geographical Share

North America region holds the largest market share in the global cardiology stethoscopes market

In 2020, North America accounted for the highest revenue share. The increasing ageing population, increasing prevalence of cardiovascular diseases, availability & introduction of technologically advanced products by market players, major players adopting several growth strategies such as product launches, acquisitions, and collaborations, which are expected to boost the region in the forecast period. For instance, according to the Centers for Disease Control and Prevention, Coronary heart disease is the most common type of heart disease, killing 360,900 people in 2019. About 18.2 million adults age 20 and older have CAD (about 6.7%). About 2 in 10 deaths from CAD happen in adults less than 65 years old.

Moreover, Eko Devices Inc. is based in Oakland, California; Eko combines ECG-enabled digital stethoscope devices with monitoring and analysis algorithms. These tools are designed to help providers detect heart rhythm abnormalities and a range of other heart diseases and support the company's recently launched telehealth platform. Additionally, 3M Littmann Stethoscopes and Eko announced a new collaboration for best-in-class 3M Littmann stethoscope technology with advanced Eko digital innovations. Thus, the North American region is expected to hold the largest market share in the forecast period from the above statements.

Cardiology Stethoscopes Market Competitive Landscape

Major key players in the cardiology stethoscopes market are Sugih Instrumendo Abadi, Spencer Italia, MDF Instruments, Little Doctor International, Wuxi Medcare Instrument Co., Ltd., 3M, American Diagnostic Corporation, EKUORE, KaWe - KIRCHNER & WILHELM and W.A. Baum. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which contribute to the growth of the cardiology stethoscope market. For instance, On 10 June 2021, 3M™ and Eko launched of new Littmann® CORE Digital Stethoscope in Europe.

W. A. Baum Co., Inc.:

Overview:

W. A. Baum Co., Inc. is located in Copiague, NY, United States. The company is manufacturing products including the Baum line of Aneroid instruments individually calibrated to master Baumanometer®, mercury-gravity manometers traceable to National Institute of Standards and Testing stethoscopes and a full complement of world-class blood pressure inflation system components.

Product Portfolio:

The Baum Stainless Steel Cardiology Stethoscope (2730): It is a precision-machined stainless steel dual-head chestpiece, valve stem and dual binaural spring is incorporated inside the tubing to reduce bulk and weight designed for cardiology, and it delivers superior acoustic sensitivity.

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FAQ’s

  • Cardiology Stethoscopes Market is expected to grow at a high CAGR during the forecasting period 2023-2030.

  • North America Region Controls the Cardiology Stethoscopes Market during 2023-2030.

  • Among all regions, Asia Pacific is the fastest-growing market share during the forecast period.

  • Major key players in the cardiology stethoscopes market are Sugih Instrumendo Abadi, Spencer Italia, MDF Instruments, Little Doctor International, Wuxi Medcare Instrument Co., Ltd., 3M, American Diagnostic Corporation, EKUORE, KaWe - KIRCHNER & WILHELM and W.A. Baum.
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