Thailand Cardiovascular Ultrasound Market Size & Outlook

The cardiovascular ultrasound market in Thailand is expected to reach a projected revenue of US$ 64.2 million by 2030. A compound annual growth rate of 4.5% is expected of Thailand cardiovascular ultrasound market from 2024 to 2030.

Revenue, 2023 (US$M)
$47.2
Forecast, 2030 (US$M)
$64.2
CAGR, 2024 - 2030
4.5%
Report Coverage
Thailand

Thailand cardiovascular ultrasound market, 2018-2030 (US$M)

Thailand

Thailand cardiovascular ultrasound market highlights

  • The Thailand cardiovascular ultrasound market generated a revenue of USD 47.2 million in 2023 and is expected to reach USD 64.2 million by 2030.
  • The Thailand market is expected to grow at a CAGR of 4.5% 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 2023USD 47.2 million
Market revenue in 2030USD 64.2 million
Growth rate4.5% (CAGR from 2023 to 2030)
Largest segmentTransthoracic echocardiography
Fastest growing segmentFetal Echocardiography
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationTransthoracic Echocardiography, Transesophageal Echocardiography, Fetal Echocardiography, Other Types
Key market players worldwideGE 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, Thailand accounted for 1.6% 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 Companies

Name Profile # Employees HQ Website

Thailand 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 55.3% in 2023. Horizon Databook has segmented the Thailand 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.


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Target buyers of Thailand cardiovascular ultrasound market databook

  • Our clientele includes a mix of cardiovascular ultrasound market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 Thailand cardiovascular ultrasound market , including forecasts for subscribers. This country databook contains high-level insights into Thailand cardiovascular ultrasound market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Thailand cardiovascular ultrasound market size, by type, 2018-2030 (US$M)

Thailand Cardiovascular Ultrasound Market Outlook Share, 2023 & 2030 (US$M)

Thailand cardiovascular ultrasound market size, by type, 2018-2030 (US$M)

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