U.S. Stethoscope Market Size & Outlook, 2023-2030
U.S. stethoscope market, 2018-2030 (US$M)
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U.S. stethoscope market highlights
- The U.S. stethoscope market generated a revenue of USD 168.5 million in 2023 and is expected to reach USD 238.7 million by 2030.
- The U.S. market is expected to grow at a CAGR of 5.1% 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 168.5 million |
| Market revenue in 2030 | USD 238.7 million |
| Growth rate | 5.1% (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, U.S. accounted for 26.5% 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 North America, U.S. stethoscope market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 57.8 million by 2030.
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Stethoscope Market Scope
Stethoscope Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 72.23% in 2023. Horizon Databook has segmented the U.S. stethoscope market based on electronic/digital stethoscope, smart stethoscope, traditional acoustic stethoscope covering the revenue growth of each sub-segment from 2018 to 2030.
Growing prevalence of heart diseases & pulmonary diseases and presence of established infrastructure are among the key factors driving the growth of stethoscope market in the U.S. As projected by In addition, according to CDC, about 655,000 Americans die from heart disease annually, representing one in every four deaths.
Rapid technological advancements, coupled with frequent launch of new & innovative products, are among the key factors fueling the market growth. For instance, in October 2020, 3M Littmann Stethoscopes and Eko launched 3M Littmann CORE Digital Stethoscope. It is equipped with tunable diaphragm technology.
which allows users to hear diverse frequency sounds by merely adjusting the pressure on the chest piece. Favorable reimbursement structure and supportive government initiatives to spread awareness regarding advanced stethoscopes are also major factors contributing to the growth of stethoscope market in the country.
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Our clientele includes a mix of stethoscope market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. stethoscope market , including forecasts for subscribers. This country databook contains high-level insights into U.S. stethoscope market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. stethoscope market size, by technology type, 2018-2030 (US$M)
U.S. Stethoscope Market Outlook Share, 2023 & 2030 (US$M)
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