Press Release

United States Cardiovascular Ultrasound Market to Grow with a CAGR of 9.54% through 2028

The increasing incidence of cardiovascular diseases (CVDs) is expected to drive the United States Cardiovascular Ultrasound Market growth in the forecast period, 2024-2028. 


According to TechSci Research report, “United States Cardiovascular Ultrasound Market – Size, Share, Trends, Competition Forecast & Opportunities, 2018-2028F”, the United States Cardiovascular Ultrasound Market stood at USD 374.44 Million in 2022 and is anticipated to project steady growth in the forecast period with a CAGR of 9.54% through 2028. This United States burden of disease has led to an increased demand for diagnostic tools, such as cardiovascular ultrasound, to detect and monitor cardiovascular disease. The COVID- 19 had a moderate impact on the cardiovascular ultrasound market. The pandemic has led to a decrease in non-urgent medical procedures, including cardiovascular ultrasound exams. This is due to several factors, such as healthcare facility closures, reduced availability of healthcare personnel, and the need to prioritize resources for the patients.


However, the pandemic has led to an increased demand for telemedicine and remote monitoring, which has increased the need for portable and handheld ultrasound devices. Furthermore, the pandemic has highlighted the importance of non-invasive diagnostic tools, such as cardiovascular ultrasound, in the diagnosis and management of COVID-19-related cardiovascular complications. Several studies have shown that COVID-19 patients may experience cardiovascular complications, such as myocarditis and thromboembolism, which can be detected and monitored using cardiovascular ultrasound.          


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Additionally, advancements in technology, such as 3D and 4D imaging, are improving the accuracy and efficiency of cardiovascular ultrasound exams, making it an attractive option for healthcare providers globally. The non-invasive nature of cardiovascular ultrasound is also a factor in its increasing popularity, as it is a safer and more comfortable option for patients compared to invasive procedures. The central point for the development of the cardiovascular ultrasound framework market incorporates the rising occurrence of cardiovascular sicknesses (CVDs), the rise in mechanical headways, and the benefits of echocardiography over obtrusive heart analytic strategies.


The United States Cardiovascular Ultrasound Market is segmented into Technology, Display, Type, End Use, and company.

Based on Technology, the Doppler ultrasound systems segment has emerged as the predominant market leader, the segment will continue to grow at a significant rate during the forecast period. Doppler is the most preferred system as they provides sharp images in a shorter time and the segment accounted for the maximum revenue share in 2022. The technique is gaining prominence in developing countries, such as India and China, owing to the increasing penetration of technologically advanced systems in these countries. Doppler echocardiography helps measure blood flow within the heart without using any invasive methods. In addition, workshops conducted for Doppler echocardiography are expected to boost its adoption.


Based on End Use, the Hospitals segment is expected to grow during the forecast period. Owing to an increase in healthcare expenditure and an increasing number of cardiovascular patients across the region. Many large-scale hospitals have their own medical imaging facilities. However, medical imaging facilities are high-maintenance and require heavy investments, large space, and skilled professionals. These factors increase the financial burden on hospitals in managing such facilities. Hence, hospitals prefer partnering with diagnostic centers for medical imaging facilities. This helps in cost-saving, especially in small- and mid-sized hospitals.


Major companies operating in the United States Cardiovascular Ultrasound Market are:

  • Canon Medical Systems USA Inc.
  • GE Healthcare USA Holding LLC.
  • Philips Holding USA Inc.
  • Siemens Medical Solutions USA Inc.
  • Hitachi Healthcare Americas Corp.
  • Toshiba America Medical Systems Inc.


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“Increasing incidence of cardiovascular diseases (CVDs), technological advancements, and the advantages of echocardiography over invasive cardiac diagnostic procedures and demand for disease diagnostics and monitoring is increasing which is expected to fuel growth in the cardiovascular ultrasound system market. Technological advancements such as artificial intelligence have a significant positive impact on cardiology with improved ability to diagnose certain heart conditions. Northeast region is anticipated to lead the market owing to the high adoption of ultrasound modality in general diagnostics and the rising prevalence of lifestyle-associated chronic diseases. The high demand for technologically advanced medical devices is expected to propel market growth in the region. The major factor driving the market is the rising United States burden of various coronary heart diseases, such as stroke and cardiomyopathy, which cause a United States burden of cardiac-related deaths.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.


United States Cardiovascular Ultrasound Market by Technology (Doppler, 2d, 3/4D), By Display (Color, B/W), By Type (Transthoracic Echocardiography, Transesophageal Echocardiography, Fetal Echocardiography, Others), By End-use (Hospitals, Ambulatory Care Centers), By Region, Competition, Forecast and& Opportunities, 2018-2028F”, has evaluated the future growth potential of United States Cardiovascular Ultrasound Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision-makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in United States Cardiovascular Ultrasound Market.


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