Japan Stethoscope Market Size & Outlook, 2023-2030
Japan stethoscope market, 2018-2030 (US$M)
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Japan stethoscope market highlights
- The Japan stethoscope market generated a revenue of USD 29.4 million in 2023 and is expected to reach USD 48.5 million by 2030.
- The Japan market is expected to grow at a CAGR of 7.4% from 2024 to 2030.
- In terms of segment, traditional acoustic stethoscope was the largest revenue generating technology type in 2023.
- Smart Stethoscope is the most lucrative technology type segment registering the fastest growth during the forecast period.
Stethoscope market data book summary
| Market revenue in 2023 | USD 29.4 million |
| Market revenue in 2030 | USD 48.5 million |
| Growth rate | 7.4% (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 |
Other key industry trends
- In terms of revenue, Japan accounted for 4.6% of the global stethoscope market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan stethoscope 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 48.5 million by 2030.
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Stethoscope Market Scope
Stethoscope Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan 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 76.87% in 2023. Horizon Databook has segmented the Japan stethoscope market based on electronic/digital stethoscope, smart stethoscope, traditional acoustic stethoscope covering the revenue growth of each sub-segment from 2018 to 2030.
Favorable healthcare policies in Japan are among the major factors driving stethoscope market growth over the forecast period. The Japanese healthcare system ensures that every Japanese citizen is entitled to care throughout the country at all times, even if they are not in their home location.
Furthermore, due to such policies, authorities are also upgrading equipment and advancing care in every part of the country. Few notable upgradations include: the social security system will be reformed and hospitals will become more specialized.
Such factors may encourage many new and key players to enter the Japanese market, thereby propelling the market growth. Moreover, imports of medical devices in Japan is more than its exports. In 2017, difference between the country’s import and export.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan stethoscope market , including forecasts for subscribers. This country databook contains high-level insights into Japan stethoscope market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan stethoscope market size, by technology type, 2018-2030 (US$M)
Japan Stethoscope Market Outlook Share, 2023 & 2030 (US$M)
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