Stethoscope Market Research Report - Global Forecast till 2027

Stethoscope Market Research Report: by Type (Manual Stethoscope (Fetal Stethoscope), Electronic Stethoscope (Esophageal Stethoscopes, Fetal Heart Rate Detectors), and End User (Hospitals, Clinics, Ambulatory Surgical Centers) - Forecast till 2027

ID: MRFR/HC/6332-HCR | February 2021 | Region: Global | 160 pages

Please note that the assessment period of report has been updated from 2019-2024 to 2020-2027. Cordially fill the sample form for updated data.

Market Scenario


The global stethoscope market is expected to grow significantly over the forecast period. It is estimated that the global stethoscope market is expected to register a CAGR ~ 4.6% during the forecast period of 2019 to 2024 with an estimated market value of USD 332.1 million in 2018. 


The global market is driven by factors such as increasing incidence rate of life-threatening diseases, increased spending on healthcare and ongoing research and development. Moreover, growing technological advancements such as Bluetooth connectivity with digital wireless hearing aids is expected to fuel the growth of the market during the assessment period. Furthermore, increasing innovations in the field of healthcare have pushed for the growth of the market. For instance, in October 2018, researchers from Rochester Institute of Technology and University of Rochester Medical Center developed a new electronic stethoscope that combines precision sensors, electrocardiogram technology, and machine learning applications into one piece of equipment to better detect heart ailments and problems that might occur with an implanted heart pump. Similarly, in March 2018, Neurologists from Stanford University developed brain stethoscope that can translate the brain’s activity into sounds so that silent seizures can be detected. On the other hand, poor healthcare system and less access to health services in certain economies are restraining the growth of stethoscope market. 

Moreover, major companies in the market are involved in strategic collaborations to brace their position in the market. For instance, in September 2015, eKuore launched its first wireless stethoscope in Düsseldorf, Germany. 


Segmentation


The global stethoscope market has been segmented into type, and end user. The market, based on type, has been segmented into manual stethoscope and electronic stethoscope. The market, by manual stethoscope, has been further segmented into a fetal stethoscope, and others. The market, by electronic stethoscope, has been sub-segmented into esophageal stethoscopes, fetal heart rate detectors, and others. The market, by end user, has been segmented into hospitals, clinics, ambulatory surgical centers, and others. Hospitals are expected to hold a major share in the end user segment owing to the increased occurrences of diseases, as well as the rise in the patient visits. Clinics are projected to be the fastest growing segment due to the ease of accessibility it provides to the patients. 


The market has been segmented, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The stethoscope market in the Americas has further been segmented into North America and Latin America, with the North American market divided into the US and Canada. The European stethoscope market has been segmented into Western Europe and Eastern Europe. Western Europe has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The stethoscope market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The stethoscope market in the Middle East & Africa has been segmented into the Middle East and Africa. 


Key players


3M, A&D Medical, American Diagnostic Corporation, Cardionics, GF Health Products, Heine Optotechnik, McCoy Medical, Medline Industries, Omron Corporation, Rudolf Riester, Smith’s Medical, and Welch Allyn are some of the key players in the global stethoscope market.


Regional Market Summary
Global Stethoscope Market Share (%), by Region, 2018


Global Stethoscope Market Share (%), by Region, 2018


 


Source: World Health Organization (WHO), Institute of Medicine (IOM)


Geographically, the Americas is expected to dominate the global stethoscope market due to the increasing per capita healthcare expenditure. The rise in product innovation and the heavy adoption of new technology is anticipated to drive the growth of the market.


Europe showed a considerable amount of growth in the global stethoscope market. The market growth in this region is because of the presence of a well-established healthcare system. The rise in the patient population is also contributing to the growth in the region.


Asia-Pacific is estimated to be the fastest growing region in the market due to a rise in the number of health welfare programs. This growing awareness in Asian countries by public and private organizations is projected to fuel the growth of the market during the assessment period. On the other hand, the Middle East & Africa has the least share of the market due to the low disposable income.


Global Stethoscope Market, by Type



  • Manual Stethoscope

    • Fetal Stethoscopes

    • Others



  • Electronic StethoscopeEsophageal Stethoscopes

    • Fetal Heart Rate Detectors

    • Others




Global Stethoscope Market, by End User


  • Hospitals

  • Clinics

  • Ambulatory Surgical Centers

  • Others


Global Stethoscope Market, by Region


  • Americas

    • North America

      • US

      • Canada



    • Latin America



  • Europe

    • Western Europe

      • Germany

      • France

      • Italy

      • Spain

      • UK

      • Rest of Western Europe



    • Eastern Europe



  • Asia-Pacific

    • Japan

    • China

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific



  • Middle East & Africa

    • Middle East

    • Africa




Global Stethoscope Market, by Key Players


  • 3M

  • A&D Medical

  • American Diagnostic Corporation

  • Cardionics

  • GF Health Products

  • Heine Optotechnik

  • McCoy Medical

  • Medline Industries

  • Omron Corporation

  • Rudolf Riester

  • Smith’s Medical

  • Welch Allyn


Intended Audience


  • Pharmaceutical companies

  • Research and development (R&D) companies

  • Research institutes

  • Academic institutes and universities

  • Venture capitalists



Frequently Asked Questions (FAQ) :


The stethoscope market is projected to grow at a 4.6 % CAGR between 2019-2024.

The Americas is expected to dominate the stethoscope market.

The stethoscope market is predicted to touch USD 332.1 million by 2025.

Notable players profiled in the stethoscope market include Welch Allyn, Smith’s Medical, Medline Industries, Heine Optotechnik, GF Health Products, Omron Corporation, Cardionics, American Diagnostic Corporation, Rudolf Riester, A&D Medical, 3M, and McCoy Medical.

Strategies used by key players to maintain dominance in the stethoscope market include product innovations, mergers and acquisitions, joint ventures, and extensive R&D.

Table of Contents:

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Overview

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

Chapter 5. Market Factor Analysis

5.1 Porter’s Five Forces Analysis

5.1.1 Bargaining Power of Suppliers

5.1.2 Bargaining Power of Buyers

5.1.3 Threat of New Entrants

5.1.4 Threat of Substitutes

5.1.5 Intensity of Rivalry

5.2 Value Chain Analysis

5.3 Investment Analysis

Chapter 6. Global Stethoscope Market, by Type

6.1 Overview

6.2 Manual Stethoscope

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

6.2.1 Fetal Stethoscope

6.2.2 Others

6.3 Electronic Stethoscope

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

6.3.1 Esophageal Stethoscope

6.3.2 Fetal Heart Rate Detector

6.3.3 Others

Chapter 7. Global Veterinary Equipment and Disposables, by End User

7.1 Overview

7.2 Hospitals

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

7.3 Clinics

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

7.4 Ambulatory Surgical Centers

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

7.5 Others

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

Chapter 8. Global Stethoscope Market, by Region

8.1 Introduction

8.2 Americas

8.2.1 North America

8.2.1.1 US

8.2.1.2 Canada

8.2.2 Latin America

8.3 Europe

8.3.1 Western Europe

8.3.1.1 Germany

8.3.1.2 France

8.3.1.3 Italy

8.3.1.4 Spain

8.3.1.5 UK

8.3.1.6 Rest of Western Europe

8.3.2 Eastern Europe

8.4 Asia-Pacific

8.4.1 Japan

8.4.2 China

8.4.3 India

8.4.4 Australia

8.4.5 South Korea

8.4.6 Rest of Asia-Pacific

8.5 Middle East & Africa

8.5.1 Middle East

8.5.2 Africa

Chapter 9. Company Landscape

9.1 Overview

9.2 Market Share Analysis

Chapter 10. Company Profiles

10.1 3M

10.1.1 Company Overview

10.1.2 Product Overview

10.1.3 Financials Overview

10.1.4 Key Developments

10.1.5 SWOT Analysis

10.2 A&D Medical

10.2.1 Company Overview

10.2.2 Product Overview

10.2.3 Financial Overview

10.2.4 Key Developments

10.2.5 SWOT Analysis

10.3 American Diagnostic Corporation

10.3.1 Company Overview

10.3.2 Product Overview

10.3.3 Financial Overview

10.3.4 Key Development

10.3.5 SWOT Analysis

10.4 Cardionics

10.4.1 Company Overview

10.4.2 Product Overview

10.4.3 Financial Overview

10.4.4 Key Development

10.4.5 SWOT Analysis

10.5 GF Health Products

10.5.1 Company Overview

10.5.2 Product Overview

10.5.3 Financial overview

10.5.4 Key Developments

10.5.5 SWOT Analysis

10.6 Heine Optotechnik

10.6.1 Company Overview

10.6.2 Product Overview

10.6.3 Financial Overview

10.6.4 Key Developments

10.6.5 SWOT Analysis

10.7 McCoy Medical

10.7.1 Overview

10.7.2 Product Overview

10.7.3 Financial Overview

10.7.4 Key Developments

10.7.5 SWOT Analysis

10.8 Medline Industries

10.8.1 Overview

10.8.2 Product Overview

10.8.3 Financials

10.8.4 Key Developments

10.8.5 SWOT Analysis

10.9 Omron Corporation

10.9.1 Overview

10.9.2 Product Overview

10.9.3 Financials

10.9.4 Key Developments

10.9.5 SWOT Analysis

10.10 Rudolf Riester

10.10.1 Overview

10.10.2 Product Overview

10.10.3 Financials

10.10.4 Key Developments

10.10.5 SWOT Analysis

10.11 Smiths Medical

10.11.1 Overview

10.11.2 Product Overview

10.11.3 Financials

10.11.4 Key Developments

10.11.5 SWOT Analysis

10.12 Welch Allyn

10.12.1 Overview

10.12.2 Product Overview

10.12.3 Financials

10.12.4 Key Developments

10.12.5 SWOT Analysis

10.13 Others

Chapter 11 MRFR Conclusion

11.1 Key Findings

11.1.1 From CEO’s Viewpoint

11.1.2 Unmet Needs of the Market

11.3 Predictions for the stethoscope market

Chapter 12. Appendix

NOTE:

This table of content is tentative and subject to change as the research progresses.

-In section 10, the top 10 companies will be profiled. Each company will be profiled based on Market Overview, Financials, Product Portfolio, Business Strategies, & Recent Development parameters.

-Please note: Financial details of the company cannot be provided if the information of the company is not available in the public domain and or reliable source.

.

LIST OF TABLES

Table 1 Global Stethoscope Market Synopsis, 2020–2027

Table 2 Global Stethoscope Market Estimates and Forecast, 2020–2027 (USD Million)

Table 3 Global Stethoscope Market, by Type, 2020–2027 (USD Million)

Table 4 Global Stethoscope Market, by End User, 2020–2027 (USD Million)

Table 5 Global Stethoscope Market, by Region, 2020–2027 (USD Million)

Table 7 North America: Stethoscope Market, by Type, 2020–2027 (USD Million)

Table 8 North America: Stethoscope Market, by End User, 2020–2027 (USD Million)

Table 9 North America: Stethoscope Market, by Region, 2020–2027 (USD Million)

Table 10 US: Stethoscope Market, by Type, 2020–2027 (USD Million)

Table 11 US: Stethoscope Market, by End User, 2020–2027 (USD Million)

Table 12 Canada: Stethoscope Market, by Type, 2020–2027 (USD Million)

Table 13 Canada: Stethoscope Market, by End User, 2020–2027 (USD Million)

Table 14 South America: Stethoscope Market, by Type, 2020–2027 (USD Million)

Table 15 South America: Stethoscope Market, by End User, 2020–2027 (USD Million)

Table 16 Europe: Stethoscope Market, by Type, 2020–2027 (USD Million)

Table 17 Europe: Stethoscope Market, by End User, 2020–2027 (USD Million)

Table 18 Europe: Stethoscope Market, by Region, 2020–2027 (USD Million)

Table 19 Western Europe: Stethoscope Market, by Type, 2020–2027 (USD Million)

Table 20 Western Europe: Stethoscope Market, by End User, 2020–2027 (USD Million)

Table 21 Western Europe: Stethoscope Market, by Region, 2020–2027 (USD Million)

Table 22 Eastern Europe: Stethoscope Market, by Type, 2020–2027 (USD Million)

Table 23 Eastern Europe: Stethoscope Market, by End User, 2020–2027 (USD Million)

Table 24 Asia-Pacific: Stethoscope Market, by Type, 2020–2027 (USD Million)

Table 25 Asia-Pacific: Stethoscope Market, by End User, 2020–2027 (USD Million)

Table 26 Asia-Pacific: Stethoscope Market, by Region, 2020–2027 (USD Million)

Table 27 Middle East & Africa: Stethoscope Market, by Type, 2020–2027 (USD Million)

Table 28 Middle East & Africa: Stethoscope Market, by End User, 2020–2027 (USD Million)

Table 29 Middle East & Africa: Stethoscope Market, by Region, 2020–2027 (USD Million)

LIST OF FIGURES

Figure 1 Research Process

Figure 2 Segmentation for Global Stethoscope Market

Figure 3 Segmentation Market Dynamics for Global Stethoscope Market

Figure 4 Global Stethoscope Market Share, by Type, 2020 (%)

Figure 5 Global Stethoscope Market Share, by Animal Type, 2020 (%)

Figure 6 Global Stethoscope Market Share, by End User, 2020 (%)

Figure 7 Global Stethoscope Market Share, by Region, 2020 (%)

Figure 8 North America: Stethoscope Market Share, by Country, 2020 (%)

Figure 9 Europe: Stethoscope Market Share, by Region, 2020 (%)

Figure 10 Western Europe: Stethoscope Market Share, by Region, 2020 (%)

Figure 11 Asia-Pacific: Stethoscope Market Share, by Country, 2020 (%)

Figure 12 Middle East & Africa: Stethoscope Market Share, by Country, 2020 (%)

Figure 13 Global Stethoscope Market: Company Share Analysis, 2020 (%)

Figure 14 3M: Key Financials

Figure 15 3M: Segmental Revenue

Figure 16 3M: Geographical Revenue

Figure 17 A&D Medical: Key Financials

Figure 18 A&D Medical: Segmental Revenue

Figure 19 A&D Medical: Geographical Revenue

Figure 20 American Diagnostic Corporation: Key Financials

Figure 21 American Diagnostic Corporation: Segmental Revenue

Figure 22 American Diagnostic Corporation: Geographical Revenue

Figure 23 Cardionics: Key Financials

Figure 24 Cardionics: Segmental Revenue

Figure 25 Cardionics: Geographical Revenue

Figure 26 GF Health Products: Key Financials

Figure 27 GF Health Products: Segmental Revenue

Figure 28 GF Health Products: Geographical Revenue

Figure 29 Heine Optotechnik: Key Financials

Figure 30 Heine Optotechnik: Segmental Revenue

Figure 31Heine Optotechnik: Geographical Revenue

Figure 32 McCoy Medical: Key Financials

Figure 33 McCoy Medical: Segmental Revenue

Figure 34 McCoy Medical: Geographical Revenue

Figure 35 Medline Industries: Key Financials

Figure 36 Medline Industries: Segmental Revenue

Figure 37 Medline Industries: Geographical Revenue

Figure 38 Omron Corporation: Key Financials

Figure 39 Omron Corporation: Segmental Revenue

Figure 40 Omron Corporation: Geographical Revenue

Figure 41 Rudolf Riester: Key Financials

Figure 42 Rudolf Riester: Segmental Revenue

Figure 43 Rudolf Riester: Geographical Revenue

Figure 44 Smiths Medical: Key Financials

Figure 45 Smiths Medical: Segmental Revenue

Figure 46 Smiths Medical: Geographical Revenue

Figure 47 Welch Allyn: Key Financials

Figure 48 Welch Allyn: Segmental Revenue

Figure 49 Welch Allyn: Geographical Revenue



This table of content is tentative and subject to change as the research progresses.

Please Note:  Financial details of company cannot be provided if the information of the company is not available in public domain and or reliable source.