From GlobeNewswire: 2025-05-27 09:55:00

The global Echocardiography Market was valued at USD 2.04 billion in 2023, expected to reach USD 3.68 billion by 2032, growing at a CAGR of 7.67%. Factors driving growth include increasing CVD prevalence, advanced technology like 3D/4D imaging, and rising investments in medical imaging. The US market is estimated at USD 0.52 billion in 2023, projected to reach USD 0.92 billion by 2032, dominated by leading vendors like GE Healthcare and Philips Healthcare.

In 2024, the cart-based segment dominated the echocardiography market with a 78.2% share, offering clear and detailed cardiac imaging in hospitals and diagnostic centers. Transthoracic echocardiography (TTE) led the market with a 42% share, providing non-invasive and cost-effective cardiac assessments. 2D echocardiography accounted for 66.3% of the market, offering cost-effective and real-time imaging solutions. Hospitals & Ambulatory Surgical Centers (ASCs) led the market in 2024, conducting high volumes of cardiovascular procedures.

North America dominated the echocardiography market in 2024, with a 39.4% share, driven by a sophisticated healthcare infrastructure and high adoption of advanced imaging technologies. The region’s strong governmental support for healthcare, coupled with a growing burden of chronic diseases, is expected to fuel demand for accurate diagnostic solutions. Asia Pacific is projected to register the fastest growth in the echocardiography market. The echocardiography market is projected to grow with a CAGR of 6.3% from 2024 to 2032, driven by factors such as technological advancements and increasing prevalence of cardiovascular diseases. Asia Pacific is expected to show the fastest growth due to developing healthcare infrastructure and rising awareness about heart health.

To access the full report on the echocardiography market analysis and outlook for 2024-2032, visit the link provided. The report includes detailed insights on market dynamics, statistical trends, competitive landscape, regional analysis, and more. Purchase a single-user PDF for comprehensive information on this growing market segment.

Other related reports in the medical imaging sector include the forecasted growth of the medical imaging devices market, AI in ultrasound imaging market, portable ultrasound market, and point-of-care ultrasound market. Stay informed about the latest trends and developments in the healthcare industry with SNS Insider, a leading market research and consulting agency providing valuable insights and data for informed decision-making.



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