Global Cardiovascular Ultrasound Systems Market Analysis 2014-2030: AI Technology and Strain Echocardiography Beginning to Reshape the $1.4 Billion Market Landscape [Yahoo! Finance]
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Source: Yahoo! Finance
The global market for Cardiovascular Ultrasound Systems estimated at US$1.4 Billion in the year 2023, is projected to reach a revised size of US$2 Billion by 2030, growing at a CAGR of 4.6% over the analysis period 2023-2030. Stress Echocardiogram, one of the segments analyzed in the report, is expected to record 5.3% CAGR and reach US$936.5 Million by the end of the analysis period. Growth in the Transthoracic Echocardiogram segment is estimated at 3.6% CAGR for the next 8-year period. The cardiac ultrasound systems market is experiencing growth propelled by the rising prevalence of cardiovascular diseases and related mortality rates globally. This trend is particularly notable in developing economies where cardiovascular disease prevalence is increasing rapidly, creating significant growth potential for the market. The aging global population, especially those aged 60 and above, further contributes to the favorable outlook for cardiac ultrasound systems, with statistics indicatin
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