Market revenue in 2023 | USD 188.8 million |
Market revenue in 2030 | USD 273.8 million |
Growth rate | 5.5% (CAGR from 2023 to 2030) |
Largest segment | Transthoracic echocardiography |
Fastest growing segment | Fetal Echocardiography |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Transthoracic Echocardiography, Transesophageal Echocardiography, Fetal Echocardiography, Other Types |
Key market players worldwide | GE HealthCare Technologies Inc Common Stock, Koninklijke Philips NV, Siemens Healthineers AG ADR, Hitachi Ltd, shenzhen mindray automation equipment co., FUJIFILM Holdings Corp, Samsung Medison, Chison Medical Technologies |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cardiovascular ultrasound market will help companies and investors design strategic landscapes.
Transthoracic echocardiography was the largest segment with a revenue share of 55.4% in 2023. Horizon Databook has segmented the China cardiovascular ultrasound market based on transthoracic echocardiography, transesophageal echocardiography, fetal echocardiography, other types covering the revenue growth of each sub-segment from 2018 to 2030.
In January 2018, China Food and Drug Administration (CFDA) released Technical Guidelines for the Accepting Data on Overseas Clinical Trial Data of Medical Devices. The main purpose of this guideline is to expedite the process of medical devices launch in China, by preventing repetitive clinical trials. This is expected to promote frequent product launches & enable faster adoption of new technology. It is also expected to increase R&D expenditure for medical imaging devices. Higher number of product launches and increased healthcare spending are expected to drive the market growth.
Horizon Databook provides a detailed overview of country-level data and insights on the China cardiovascular ultrasound market , including forecasts for subscribers. This country databook contains high-level insights into China cardiovascular ultrasound market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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