Echocardiography Market to Flourish with an Impressive CAGR by 2026

Echocardiography market is a heart test that uses sound waves to capture pictures of the heart. It is also called as an echo test or heart ultrasound. It is usually prescribed for symptoms of heart problems. Echocardiography is required for heart murmurs, heart attacks, acute chest pains, congenital heart defects and rheumatic fever. The test is also useful to check for an enlarged heart, weak heart muscles, blood clots, valve defects, and problems with heart structure.

Large number of pipeline products, increase in incidences of heart disorders, rise in geriatric population, surge in percentage of obesity and type 2 diabetes, high heart attack rate among the youth, increase in incidences of coronary artery diseases, favorable reimbursement procedures, and rise in use of monitoring devices are some major factors that are anticipated to propel the global echocardiography market by 2026.

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The global echocardiography market can be segmented based on test type, product type, technology, and end-user. In terms of test type, the echocardiography market can be divided into transthoracic, stress, transesophageal, and others (fetal and three-dimensional). Transthoracic echocardiography is extensively used. It involves placing of a device called the transducer on the chest. Stress echo is done to check the motion of the heart walls under stress. Transesophageal echocardiography is used when more precise images of the heart are required. Fetal echo is used to check defects in an unborn baby’s heart. Three-dimensional echo is used generate 3D images of the heart for a detailed inspection.

Key players operating in the global echocardiography market include General Electric Company, Koninklijke Philips N.V., Siemens Healthcare Private Limited, Canon Medical Systems Corporation, Bay Labs, Inc., Biosense Webster, Inc., Boston Scientific Corporation, Bracco Imaging S.p.A., Carestream Health, CHISON, ContextVision AB, Digirad Corporation, Ecare Medical Technology, Esaote SpA, Fujifilm, Hitachi Ltd, MediMatic Srl, Mobisante, Samsung Medison Co. Ltd, MIDAS Information Technology Co.Ltd, Abbott, and TELEMED Medical Systems.

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