Global Stethoscope Market Size & Outlook, 2023-2030
Global stethoscope market, 2018-2030 (US$M)
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Global stethoscope market highlights
- The global stethoscope market generated a revenue of USD 634.9 million in 2023 and is expected to reach USD 949.9 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.9% by 2030.
- In terms of segment, traditional acoustic stethoscope accounted for a revenue of USD 471.1 million in 2023.
- Smart Stethoscope is the most lucrative technology type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 634.9 million |
| Market revenue in 2030 | USD 949.9 million |
| Growth rate | 5.9% (CAGR from 2023 to 2030) |
| Largest segment | Traditional acoustic stethoscope |
| Fastest growing segment | Smart Stethoscope |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Electronic/Digital Stethoscope, Smart Stethoscope, Traditional Acoustic Stethoscope |
Other key industry trends
- In terms of revenue, the North America accounted for 32.6% of the global stethoscope market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 238.7 million by 2030.
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Stethoscope Market Scope
Stethoscope Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global stethoscope 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 stethoscope market will help companies and investors design strategic landscapes.
Traditional acoustic stethoscope was the largest segment with a revenue share of 74.2% in 2023. Horizon Databook has segmented the Global stethoscope market based on electronic/digital stethoscope, smart stethoscope, traditional acoustic stethoscope covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Stethoscope Technology Type Outlook (Revenue, USD Million, 2018-2030)
- Electronic/Digital Stethoscope
- Smart Stethoscope
- Traditional Acoustic Stethoscope
- Global Stethoscope Sales Channel Outlook (Revenue, USD Million, 2018-2030)
- Distributors
- E-commerce
- Direct Purchase
- Global Stethoscope End Use Outlook (Revenue, USD Million, 2018-2030)
- Home Healthcare
- Hospitals
- Clinics
- Nurse Practitioners
- EMT/ First Responders
- Veterinary
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Target buyers of Global stethoscope market databook
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Our clientele includes a mix of stethoscope 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 global-level data and insights on the Global stethoscope market , including forecasts for subscribers. This global databook contains high-level insights into Global stethoscope market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global stethoscope market size, by regions, 2018-2030 (US$M)
Top 10 countries: Stethoscope market size, 2023 (US$M)
Global stethoscope market share, by technology type, 2023 & 2030 (%, US$M)
Stethoscope market: Opportunity assessment by country
Global stethoscope market, by region, 2023 (US$M)
| Technology Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 158.6 | 166.3 | 177.1 | 188.3 | 197.5 | 207.3 | 217.7 | 228.8 | 240.6 | 253.3 | 266.7 | 281.1 | 296.5 | 5.3% |
| Europe | 130.4 | 137.6 | 147.5 | 157.8 | 166.6 | 176.0 | 186.0 | 196.8 | 208.4 | 220.8 | 234.1 | 248.4 | 263.7 | 6.0% |
| Asia Pacific | 112.5 | 119.4 | 128.7 | 138.5 | 147.1 | 156.3 | 166.3 | 176.9 | 188.4 | 200.8 | 214.1 | 228.5 | 244.0 | 6.6% |
| Latin America | 38.2 | 40.5 | 43.5 | 46.8 | 49.6 | 52.6 | 55.8 | 59.3 | 63.0 | 67.0 | 71.3 | 75.9 | 80.9 | 6.4% |
| MEA | 31.5 | 33.3 | 35.7 | 38.3 | 40.5 | 42.8 | 45.3 | 48.0 | 50.9 | 54.0 | 57.4 | 61.0 | 64.8 | 6.1% |
| Overall | 471.2 | 496.9 | 532.5 | 569.6 | 601.2 | 634.9 | 671.1 | 709.8 | 751.3 | 795.8 | 843.6 | 894.8 | 949.9 | 5.9% |
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