Japan Cardiovascular Ultrasound Market Size & Outlook
Japan cardiovascular ultrasound market, 2018-2030 (US$M)
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Japan cardiovascular ultrasound market highlights
- The Japan cardiovascular ultrasound market generated a revenue of USD 169.0 million in 2023 and is expected to reach USD 250.7 million by 2030.
- The Japan market is expected to grow at a CAGR of 5.8% 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 169.0 million |
| Market revenue in 2030 | USD 250.7 million |
| Growth rate | 5.8% (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, Japan accounted for 5.9% 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 Asia Pacific, China cardiovascular ultrasound market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 250.7 million by 2030.
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Cardiovascular Ultrasound Market Scope
Cardiovascular Ultrasound Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Japan 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 55.38% in 2023. Horizon Databook has segmented the Japan 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.
Japan is expected to witness increasing demand for advanced technology due to its high geriatric population and disposable income. The domestic market demand is dominated by Japan-based companies such as Hitachi, Canon, and Mindray. However, there are several other U.S.-based companies in Japan, offering advanced technology at competitive prices.
Furthermore, the establishment of professional organizations called Japanese Society of Echocardiography, comprising various members such as physicians, researchers, scientists, and sonographers, focuses on the use of ultrasound for evaluation of the cardiac system. The members have meetings to discuss new research and exchange views with each other.
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Target buyers of Japan cardiovascular ultrasound market databook
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Our clientele includes a mix of cardiovascular ultrasound market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan cardiovascular ultrasound market , including forecasts for subscribers. This country databook contains high-level insights into Japan cardiovascular ultrasound market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan cardiovascular ultrasound market size, by type, 2018-2030 (US$M)
Japan Cardiovascular Ultrasound Market Outlook Share, 2023 & 2030 (US$M)
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