Market revenue in 2023 | USD 21.9 million |
Market revenue in 2030 | USD 33.0 million |
Growth rate | 6% (CAGR from 2023 to 2030) |
Largest segment | Traditional acoustic stethoscope |
Fastest growing segment | Smart Stethoscope |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Electronic/Digital Stethoscope, Smart Stethoscope, Traditional Acoustic Stethoscope |
Key market players worldwide | 3M Co, Medline Industries, Welch Allyn, Eyekon Medical, Rudolf Riester, Halma PLC, Paul Hartmann, HEINE Optotechnik, Graham - Field Health Products, American Diagnostic Sciences, Cardionics, StethoMe |
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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 stethoscope market will help companies and investors design strategic landscapes.
Traditional acoustic stethoscope was the largest segment with a revenue share of 71.69% in 2023. Horizon Databook has segmented the Italy stethoscope market based on electronic/digital stethoscope, smart stethoscope, traditional acoustic stethoscope covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing prevalence of chronic disorders coupled with rising adoption of sedentary lifestyle is contributing majorly to the growth of Italy stethoscope market. As per the WHO data published in 2018, coronary heart disease deaths in Italy reached around 112,229 or 20.82% of total deaths.
Furthermore, in 2018, deaths due to lung disease in Italy reached 31,191 or 5.79% of total deaths. . These heart disease cases could be identified easily with variations in the sound produced due to the heart activity.
The majority of heart diseases are associated with and reflected by the sounds produced by the heart. As a result, heart auscultation (listening to the heart sound) is the first step taken by every physician in the early detection of cardiac illness. Thus, these factors are contributing to the growth of Italy stethoscope market.
Horizon Databook provides a detailed overview of country-level data and insights on the Italy stethoscope market , including forecasts for subscribers. This country databook contains high-level insights into Italy stethoscope market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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