Italy Cardiovascular Ultrasound Market Size & Outlook
Italy cardiovascular ultrasound market, 2018-2030 (US$M)
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Italy cardiovascular ultrasound market highlights
- The Italy cardiovascular ultrasound market generated a revenue of USD 78.8 million in 2023 and is expected to reach USD 111.1 million by 2030.
- The Italy market is expected to grow at a CAGR of 5% from 2024 to 2030.
- In terms of segment, transthoracic echocardiography was the largest revenue generating type in 2023.
- Fetal Echocardiography is the most lucrative type segment registering the fastest growth during the forecast period.
Cardiovascular ultrasound market data book summary
| Market revenue in 2023 | USD 78.8 million |
| Market revenue in 2030 | USD 111.1 million |
| Growth rate | 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 |
Other key industry trends
- In terms of revenue, Italy accounted for 2.8% of the global cardiovascular ultrasound market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany cardiovascular ultrasound market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 174.9 million by 2030.
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Cardiovascular Ultrasound Market Scope
Cardiovascular Ultrasound Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy cardiovascular ultrasound market outlook
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 55.33% in 2023. Horizon Databook has segmented the Italy 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.
As per WHO, in 2018, the number of deaths due to coronary heart disease in Italy reached 112,229, whereas deaths due to stroke reached 62,229. There is focus on improving healthcare facilities in the country to control the growing burden of cardiovascular diseases. The National Plan of Health (PSN) 2014-2016, under NHS Italy, focused on objectives such as promoting prevention of cardiovascular diseases, improving quality of care provided by end users for acute stroke, promoting clinical stability, and reducing hospital stays by enabling continuous care for chronic heart failure.
In addition, as per the data from Italian National Institute of Statistics (ISTAT), Italian government spends USD 788.4 million every year on cardiovascular surgeries. Therefore, growing government initiatives to improve cardiovascular care in Italy, is expected to contribute to the market growth.
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Our clientele includes a mix of cardiovascular ultrasound market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy cardiovascular ultrasound market , including forecasts for subscribers. This country databook contains high-level insights into Italy cardiovascular ultrasound market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy cardiovascular ultrasound market size, by type, 2018-2030 (US$M)
Italy Cardiovascular Ultrasound Market Outlook Share, 2023 & 2030 (US$M)
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