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Global Stethoscopes Market 2017-2021

Global Stethoscopes Market 2017-2021

About Stethoscopes

The stethoscope is an acoustic medical device used for auscultation of internal sounds of the human or animal body parts such as lungs and heart. It includes a small disc-shaped resonator and two tubes connected to the earpieces. In addition, it can also be used to auscultate blood flow in arteries, veins, and intestines. Based on product type, stethoscopes market can be segmented into electronic/digital stethoscopes, manual and mechanical stethoscopes, and other stethoscopes.

Technavio’s analysts forecast the global stethoscopes market to grow at a CAGR of 4.87% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global stethoscopes market for 2017-2021. To calculate the market size, the report considers revenue generated by the sales of different types of stethoscopes.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Stethoscopes Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • 3M
  • American Diagnostic Corporation
  • GF Health Products
  • Medline Industries
  • Rudolf Riester (a subsidiary of Halma)
Other prominent vendors
  • A&D Medical
  • Cardionics
  • Contec Medical Systems
  • Eko Devices
  • ERKA
  • EXANOVO GROUP
  • Meditron
  • Prestige Medical
  • SUZUKEN
  • Timesco Healthcare
  • Tytan Medical Corporation
  • Welch Allyn (now part of Hill-Rom
Market driver
  • Increasing healthcare infrastructure and access
  • For a full, detailed list, view our report
Market challenge
  • Intense competition among the manufacturers
  • For a full, detailed list, view our report
Market trend
  • Increasing use of digital stethoscopes
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Stethoscopes Market 2017-2021

Technavio recognizes the following companies as the key players in the global stethoscopes market: 3M, American Diagnostic Corporation, GF Health Products, Medline Industries, and Rudolf Riester (a subsidiary of Halma).

Other Prominent Vendors in the market are: A&D Medical, Cardionics, Contec Medical Systems, Eko Devices, ERKA, EXANOVO GROUP, Meditron, Prestige Medical, SUZUKEN, Timesco Healthcare, Tytan Medical Corporation, and Welch Allyn (now part of Hill-Rom.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing use of digital stethoscopes. The digital stethoscopes can be connected to a smartphone to record and reproduce body sound produced by heart, lung, and bowel. The apps in the smartphone can electronically amplify these sounds and directly transfer to an electronic health record (EHR). The device serves as a potential platform for CAD.”

According to the report, one driver in the market is increasing healthcare infrastructure and access. The global healthcare sector is rapidly changing with time and its various stakeholders such as providers, patients, and government strive to deliver and receive effective, efficient, and equitable medical care. The growing population, the increasing incidence and prevalence of acute and chronic diseases, and rise in communicable and lifestyle diseases will increase the demand for healthcare facilities with improved infrastructure accessible to all.

Further, the report states that one challenge in the market is intense competition among the manufacturers. The global stethoscopes market is characterized by the presence of several vendors leading to intense competition among the vendors with regard to pricing. As a result, there is a lower profit margin for stethoscopes. The competition among the vendors in the market is mainly based on the design and manufacturing cost of various types of stethoscopes. Local manufacturers offer stethoscopes at low cost compared with global manufacturers, which provide an opportunity for the customers to choose from the wide variety of products.

Companies Mentioned

3M, American Diagnostic Corporation, GF Health Products, Medline Industries, and Rudolf Riester (a subsidiary of Halma).

Other Prominent Vendors in the market are: A&D Medical, Cardionics, Contec Medical Systems, Eko Devices, ERKA, EXANOVO GROUP, Meditron, Prestige Medical, SUZUKEN, Timesco Healthcare, Tytan Medical Corporation, and Welch Allyn (now part of Hill-Rom.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Uses of stethoscopes:
  • Market landscape
    • Market overview
    • Market size and forecast
      • Table Global stethoscopes market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product type
    • Market overview
      • Table Segmentation of global stethoscopes market by product type
      • Table Segmentation of global stethoscopes market by product type 2016 (%)
      • Table Segmentation of global stethoscopes market by product type 2021 (%)
    • Electronic/digital stethoscopes
      • Table Global electronic/digital stethoscopes market 2016-2021 ($ millions)
    • Manual and mechanical stethoscopes
      • Table Global manual and mechanical stethoscopes market 2016-2021 ($ millions)
    • Other stethoscopes
      • Table Global other stethoscopes market 2016-2021 ($ millions)
  • Market segmentation by end-users
    • Table Global stethoscopes market overview by end-users
    • Table Global stethoscopes market by end-users: Strategic impact analysis
    • Hospitals
    • ASCs
    • Clinics
  • Geographical segmentation
    • Market overview
      • Table Global stethoscopes market overview by geography 2016-2021
      • Table Segmentation of global stethoscopes market by geography 2016 (%)
      • Table Segmentation of global stethoscopes market by geography 2021 (%)
    • Stethoscopes market in Americas
      • Table Market overview: Stethoscopes market in Americas
      • Table Stethoscopes market in Americas 2016-2021 ($ millions)
    • Stethoscopes market in EMEA
      • Table Market overview: Stethoscopes market in EMEA
      • Table Stethoscopes market in EMEA 2016-2021 ($ millions)
    • Stethoscopes market in APAC
      • Table Market overview: Stethoscopes market in APAC
      • Table Stethoscopes market in APAC 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Risk factors associated with rising incidences of cardiovascular diseases
      • Table CHD statistics
      • Table Global health expenditure per capita 2010 and 2014
    • Market challenges
  • Market trends
    • Continuous enhancements of stethoscopes
    • Increasing use of digital stethoscopes
  • Vendor landscape
    • Competitive landscape
    • Other prominent vendors
  • Key vendor analysis
    • 3M
      • Table 3M: Strength assessment
      • Table 3M: Strength assessment
      • Table 3M: Strategy assessment
      • Table 3M: Opportunity assessment
    • American Diagnostic Corporation
      • Table American Diagnostic Corporation: Strength assessment
      • Table American Diagnostic Corporation: Strategy assessment
      • Table American Diagnostic Corporation: Opportunity assessment
    • GF Health Products
      • Table GF Health Products: Key highlights
      • Table GF Health Products: Strength assessment
      • Table GF Health Products: Strategy assessment
      • Table GF Health Products: Opportunity assessment
    • Medline Industries
      • Table Medline Industries: Key highlights
      • Table Medline Industries: Strength assessment
      • Table Medline Industries: Strategy assessment
      • Table Medline Industries: Opportunity assessment
    • Rudolf Riester (a subsidiary of Halma)
      • Table Rudolf Riester: Strength assessment
      • Table Rudolf Riester: Strategy assessment
      • Table Rudolf Riester: Opportunity assessment
  • Appendix
    • List of abbreviations
  • Explore Technavio

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