Rising Demand for Fetal Heart Rate Detectors to Provide Significant Boost to Global Intelligent Stethoscope Market

Published On : 26 Dec 2016

QYResearchReports.com now features a new research report, titled “Global Intelligent Stethoscope Market Research Report 2016.” The report includes a comprehensive analysis of the development trends pertaining to the global intelligent stethoscopes market. Regional information, data about key players, market dynamics, and key growth observations listed in the report will help the stakeholders in understanding the major and minor shifts in the market.

The development of intelligent stethoscope is gaining an edge over traditional stethoscopes primarily due to features such as enhanced medical diagnosis and improved sound transmission capabilities present in them. An intelligent stethoscope is useful in performing auscultation and automatically diagnosing abnormalities on the basis of body sounds. In these stethoscope, body sounds are received from various locations and then they are digitized and stored in memory. These sounds are categorized according to particular characteristics to construct a matrix of information. The generated matrix is then compared to stored matrices through a technique alike signature analysis.

These stethoscopes due to their advanced features provide a strong growth potential in the overall stethoscope industry. The growing geriatric population and the rising disposable income are contributing to the growth of the global intelligent stethoscope market. The increasing health consciousness among consumers is prompting them to switch to smart medical products, which in turn is working in favor of the market. Moreover, the burgeoning demand for fetal heart rate detectors is fostering the growth of the market. Persistent advancements in product design and acoustics is another factor providing fillip to the global market for intelligent stethoscope.

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On the flip side, the development of technologies such as handheld ultrasound systems and advanced cardiac diagnostics techniques is limiting the market from realizing its full potential. Furthermore, the awareness regarding this category of stethoscope is still low in many parts of the world, which is hampering the growth prospects of the global intelligent stethoscope market. However, countries with high government budget for health care are creating tremendous growth opportunities for the market.

The regional markets studied in this report are Europe, North America, China, India, Japan, and Southeast Asia. These regions are analyzed on the basis of consumption, revenue, production, growth rate, and market share. Each market is methodically examined for the forecast period of 2011 to 2021. North America is likely to present immense growth opportunities to the intelligent stethoscopes manufacturers owing to rapid technological advancements and widening pool of patients in clinics and hospitals. India, China, and Japan are expected to undergo robust growth in the forthcoming years due to improving standards of living, rising geriatric population, and developing healthcare infrastructure.

Some of the key players profiled in the report are A American Diagnostic Corporation, &D Medical, Eko Devices, KG, Escalon Medical Corporation, Rudolf Riester GmbH & Co. Medi-Stim ASA, GF Health Products Inc., Tytan Medical Corp, Medline Industries Inc., Thinklabs Medical LLC, Welch Allyn Inc., 3M Littmann, eKuore, and 
Soumac.

 

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