Stethoscope Market: 2020 Global Industry Trends, Growth, Share, Size And 2025 Forecast Research Report

Stethoscope Market 2020 Driving Factors,
Industry Growth, Key Vendors And Forecasts To
2025
Stethoscope Market Report provides in-depth analysis of industry by production, share, size, Demand,
Proposition, Development, Opportunities, Growth, Economic Trends, Technologies Research,
Segmentation, Key Futuristic, Investment Feasibility, Major Key Players, SWOT analysis and Forecast.
The global Stethoscope Market size is expected to value at USD 522.6 million by 2025. The market is subject to
witness a substantial growth due to the increase in the prevalence of cardiovascular and pulmonary disorders,
rise in personal healthcare expenditure, and recent technological advancements. Rise in adoption of the latest
technologies such as Bluetooth and digital wireless that allows hearing aid wearers with the help of stethoscope
and stethoscope android apps on smartphones, thus driving the growth of stethoscope industry in upcoming
years. Globally, the stethoscope market is predicted to grow at CAGR of 4.7% in forecast period, providing
numerous opportunities for market players to invest in research and development in the market.
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Rise in geriatric population across the globe has led to high-end demand for highly advanced stethoscope
technology, particularly to perform detailed diagnosis of severe chronic health disorders. Chronic diseases are
more prevalent among people above the age of sixty-five years due to weakened immune system. As per reports
presented by World Health Organization (WHO), elderly population is expected to cross two billion by 2050,
such factors prove critical for the growth of stethoscope industry in near future.
Additionally, the recent development of innovative technologies and increasing focus towards research &
development of stethoscope by prominent industry players are some of the key factors responsible for market
expansion, in recent years. Rising competition among market players and numerous governmental initiatives
coupled with rise in the healthcare expenditure by developed economies is further strengthening market

growth. Recent governmental initiatives undertaken by developing economies such as China and India to
provide subsidies in the rural areas with the introduction of schemes like New Cooperative Medical Scheme are
predicted to fasten the growth of stethoscope market over the forecast period.
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With advent of wireless stethoscope, which is capable of connecting and amplifying sound signal twenty times,
alongside removing excess of undesirable noise, are expected to boost sales of stethoscope in upcoming years.
Stethoscope is categorized mainly into two types based on their work mechanism such as manual stethoscopes
and electronic stethoscopes. Electronic stethoscope is widely popular among the two, due to increasing
adoption in developed economies since last decade.
Electronic stethoscopes offer advantages such as superior digital sound broadcast capabilities, audio and video
response, and storage capabilities. Additionally, growing adoption of the wireless electronic stethoscopes in
tele-medicine is expected to influence demand of electronic stethoscopes, in upcoming years. Some of the
additional advantages of the digital stethoscope include improved speed of operation, precision and flexibility,
thus allowing easy diagnosis of various heart related conditions by amplifying heart and lung sound signal by
forty times and generating & storing the digital files.
The stethoscope is termed as medical equipment that is commonly used for measuring, or listening to the
internal sounds of heart and lung of an animal or human being. The stethoscope is commonly consists of a
smaller disc shaped resonator, which is pressed around the chest area, with two tubes joined to earpieces. The
stethoscope is used to listen to movements in intestines and blood flow in veins and blood vessel. The
stethoscope helps to measure blood pressure along with a sphygmomanometer, thus fueling the market
growth.
Table Of Contents
1 Stethoscope Overview
2 Global Stethoscope Application Estimates & Trend Analysis
3 Global Stethoscope Size and Growth Prospects
4 Global Stethoscope Analysis by Region
5 Global Stethoscope Analysis by Type
6 Global Stethoscope Analysis by Application
7 Global Stethoscope Manufacturers Analysis
8 Global Stethoscope Technology and Development Trends
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