The Latin America, Middle East and Africa Cardiovascular Ultrasound Market would witness market growth of 11.3% CAGR during the forecast period (2021-2027).
The domain of cardiac ultrasound procedures depends on the rules and regulations mentioned in the insurance plan of an individual, as there are many kinds of procedures such as 3D echocardiography, electrocardiography, and transthoracic echocardiography. Various insurance companies have formulated different sets of norms that are utilized to determine reimbursement rates. They can reject insurance on the basis of predisposing aspects. In some cases, insurance is denied due to the difference in treatment rationalities between a specialist and an insurance agency.
Various countries of this region have adopted the latest and advanced cardiovascular ultrasound systems as they have increased their healthcare spending on procuring advanced healthcare systems to provide better treatment to their respective population. In addition, the presence of a smaller number of market players in this region has hampered the development of the regional cardiovascular ultrasound market in the years to come.
However, many new players are willing to enter into this region due to the untapped potential of this region. These market players are aiming to build their brand reputation by providing ultrasound solutions at less cost in comparison to other regions. Moreover, the adoption of cardiovascular ultrasound in various healthcare facilities of the region would create new avenues for growth in the regional cardiovascular ultrasound market during the forecasting period.
The Brazil market dominated the LAMEA Ambulatory care centers Market by Country 2020, thereby, achieving a market value of $12.2 million by 2027. The Argentina market would witness a CAGR of 12.3% during (2021 - 2027). Additionally, The UAE market is expected to witness a CAGR of 11.5% during (2021 - 2027).
Based on Display, the market is segmented into Color Display and B/W Display. Based on Technology, the market is segmented into Doppler, 2D and 3D/4D. Based on Type, the market is segmented into Transthoracic echocardiography, Transesophageal echocardiography, Fetal echocardiography and Others. Based on End Use, the market is segmented into Hospital, Diagnostic centers, Ambulatory care centers and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Cardiovascular Ultrasound Market is Predict to reach $2.6 Billion by 2027, at a CAGR of 10.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include General Electric (GE) Co. (GE Healthcare), Koninklijke Philips N.V., Siemens AG (Siemens Healthineers), Samsung Electronics Co., Ltd. (Samsung Group) (Samsung Medison Co., Ltd.), Mindray Medical International Limited, Chison Medical Technologies Co., Ltd., FUJIFILM Sonosite, Inc. (Fujifilm Holdings Corporation), Canon, Inc. (Canon Medical Systems Corporation) and Esaote SpA.
Scope of the Study
Market Segments Covered in the Report:
By Display
- Color Display and
- B/W Display
By Technology
By Type
- Transthoracic echocardiography
- Transesophageal echocardiography
- Fetal echocardiography and
- Others
By End Use
- Hospital
- Diagnostic centers
- Ambulatory care centers and
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- General Electric (GE) Co. (GE Healthcare)
- Koninklijke Philips N.V.
- Siemens AG (Siemens Healthineers)
- Samsung Electronics Co., Ltd. (Samsung Group) (Samsung Medison Co., Ltd.)
- Mindray Medical International Limited
- Chison Medical Technologies Co., Ltd.
- FUJIFILM Sonosite, Inc. (Fujifilm Holdings Corporation)
- Canon, Inc. (Canon Medical Systems Corporation)
- Esaote SpA
TABLE 1 LAMEA Cardiovascular Ultrasound Market, 2017 - 2020, USD Million
TABLE 2 LAMEA Cardiovascular Ultrasound Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Cardiovascular Ultrasound Market
TABLE 4 Product Launches And Product Expansions– Cardiovascular Ultrasound Market
TABLE 5 Acquisition and Mergers– Cardiovascular Ultrasound Market
TABLE 6 Geographical Expansions– Cardiovascular Ultrasound Market
TABLE 7 Approvals and Trials– Cardiovascular Ultrasound Market
TABLE 8 LAMEA Cardiovascular Ultrasound Market by Display, 2017 - 2020, USD Million
TABLE 9 LAMEA Cardiovascular Ultrasound Market by Display, 2021 - 2027, USD Million
TABLE 10 LAMEA Color Display Market by Country, 2017 - 2020, USD Million
TABLE 11 LAMEA Color Display Market by Country, 2021 - 2027, USD Million
TABLE 12 LAMEA B/W Display Market by Country, 2017 - 2020, USD Million
TABLE 13 LAMEA B/W Display Market by Country, 2021 - 2027, USD Million
TABLE 14 LAMEA Cardiovascular Ultrasound Market by Technology, 2017 - 2020, USD Million
TABLE 15 LAMEA Cardiovascular Ultrasound Market by Technology, 2021 - 2027, USD Million
TABLE 16 LAMEA Doppler Market by Country, 2017 - 2020, USD Million
TABLE 17 LAMEA Doppler Market by Country, 2021 - 2027, USD Million
TABLE 18 LAMEA 2D Market by Country, 2017 - 2020, USD Million
TABLE 19 LAMEA 2D Market by Country, 2021 - 2027, USD Million
TABLE 20 LAMEA 3D/4D Market by Country, 2017 - 2020, USD Million
TABLE 21 LAMEA 3D/4D Market by Country, 2021 - 2027, USD Million
TABLE 22 LAMEA Cardiovascular Ultrasound Market by Type, 2017 - 2020, USD Million
TABLE 23 LAMEA Cardiovascular Ultrasound Market by Type, 2021 - 2027, USD Million
TABLE 24 LAMEA Transthoracic echocardiography Market by Country, 2017 - 2020, USD Million
TABLE 25 LAMEA Transthoracic echocardiography Market by Country, 2021 - 2027, USD Million
TABLE 26 LAMEA Transesophageal echocardiography Market by Country, 2017 - 2020, USD Million
TABLE 27 LAMEA Transesophageal echocardiography Market by Country, 2021 - 2027, USD Million
TABLE 28 LAMEA Fetal echocardiography Market by Country, 2017 - 2020, USD Million
TABLE 29 LAMEA Fetal echocardiography Market by Country, 2021 - 2027, USD Million
TABLE 30 LAMEA Other Type Market by Country, 2017 - 2020, USD Million
TABLE 31 LAMEA Other Type Market by Country, 2021 - 2027, USD Million
TABLE 32 LAMEA Cardiovascular Ultrasound Market by End Use, 2017 - 2020, USD Million
TABLE 33 LAMEA Cardiovascular Ultrasound Market by End Use, 2021 - 2027, USD Million
TABLE 34 LAMEA Hospital Market by Country, 2017 - 2020, USD Million
TABLE 35 LAMEA Hospital Market by Country, 2021 - 2027, USD Million
TABLE 36 LAMEA Diagnostic centers Market by Country, 2017 - 2020, USD Million
TABLE 37 LAMEA Diagnostic centers Market by Country, 2021 - 2027, USD Million
TABLE 38 LAMEA Ambulatory care centers Market by Country, 2017 - 2020, USD Million
TABLE 39 LAMEA Ambulatory care centers Market by Country, 2021 - 2027, USD Million
TABLE 40 LAMEA Others Market by Country, 2017 - 2020, USD Million
TABLE 41 LAMEA Others Market by Country, 2021 - 2027, USD Million
TABLE 42 LAMEA Cardiovascular Ultrasound Market by Country, 2017 - 2020, USD Million
TABLE 43 LAMEA Cardiovascular Ultrasound Market by Country, 2021 - 2027, USD Million
TABLE 44 Brazil Cardiovascular Ultrasound Market, 2017 - 2020, USD Million
TABLE 45 Brazil Cardiovascular Ultrasound Market, 2021 - 2027, USD Million
TABLE 46 Brazil Cardiovascular Ultrasound Market by Display, 2017 - 2020, USD Million
TABLE 47 Brazil Cardiovascular Ultrasound Market by Display, 2021 - 2027, USD Million
TABLE 48 Brazil Cardiovascular Ultrasound Market by Technology, 2017 - 2020, USD Million
TABLE 49 Brazil Cardiovascular Ultrasound Market by Technology, 2021 - 2027, USD Million
TABLE 50 Brazil Cardiovascular Ultrasound Market by Type, 2017 - 2020, USD Million
TABLE 51 Brazil Cardiovascular Ultrasound Market by Type, 2021 - 2027, USD Million
TABLE 52 Brazil Cardiovascular Ultrasound Market by End Use, 2017 - 2020, USD Million
TABLE 53 Brazil Cardiovascular Ultrasound Market by End Use, 2021 - 2027, USD Million
TABLE 54 Argentina Cardiovascular Ultrasound Market, 2017 - 2020, USD Million
TABLE 55 Argentina Cardiovascular Ultrasound Market, 2021 - 2027, USD Million
TABLE 56 Argentina Cardiovascular Ultrasound Market by Display, 2017 - 2020, USD Million
TABLE 57 Argentina Cardiovascular Ultrasound Market by Display, 2021 - 2027, USD Million
TABLE 58 Argentina Cardiovascular Ultrasound Market by Technology, 2017 - 2020, USD Million
TABLE 59 Argentina Cardiovascular Ultrasound Market by Technology, 2021 - 2027, USD Million
TABLE 60 Argentina Cardiovascular Ultrasound Market by Type, 2017 - 2020, USD Million
TABLE 61 Argentina Cardiovascular Ultrasound Market by Type, 2021 - 2027, USD Million
TABLE 62 Argentina Cardiovascular Ultrasound Market by End Use, 2017 - 2020, USD Million
TABLE 63 Argentina Cardiovascular Ultrasound Market by End Use, 2021 - 2027, USD Million
TABLE 64 UAE Cardiovascular Ultrasound Market, 2017 - 2020, USD Million
TABLE 65 UAE Cardiovascular Ultrasound Market, 2021 - 2027, USD Million
TABLE 66 UAE Cardiovascular Ultrasound Market by Display, 2017 - 2020, USD Million
TABLE 67 UAE Cardiovascular Ultrasound Market by Display, 2021 - 2027, USD Million
TABLE 68 UAE Cardiovascular Ultrasound Market by Technology, 2017 - 2020, USD Million
TABLE 69 UAE Cardiovascular Ultrasound Market by Technology, 2021 - 2027, USD Million
TABLE 70 UAE Cardiovascular Ultrasound Market by Type, 2017 - 2020, USD Million
TABLE 71 UAE Cardiovascular Ultrasound Market by Type, 2021 - 2027, USD Million
TABLE 72 UAE Cardiovascular Ultrasound Market by End Use, 2017 - 2020, USD Million
TABLE 73 UAE Cardiovascular Ultrasound Market by End Use, 2021 - 2027, USD Million
TABLE 74 Saudi Arabia Cardiovascular Ultrasound Market, 2017 - 2020, USD Million
TABLE 75 Saudi Arabia Cardiovascular Ultrasound Market, 2021 - 2027, USD Million
TABLE 76 Saudi Arabia Cardiovascular Ultrasound Market by Display, 2017 - 2020, USD Million
TABLE 77 Saudi Arabia Cardiovascular Ultrasound Market by Display, 2021 - 2027, USD Million
TABLE 78 Saudi Arabia Cardiovascular Ultrasound Market by Technology, 2017 - 2020, USD Million
TABLE 79 Saudi Arabia Cardiovascular Ultrasound Market by Technology, 2021 - 2027, USD Million
TABLE 80 Saudi Arabia Cardiovascular Ultrasound Market by Type, 2017 - 2020, USD Million
TABLE 81 Saudi Arabia Cardiovascular Ultrasound Market by Type, 2021 - 2027, USD Million
TABLE 82 Saudi Arabia Cardiovascular Ultrasound Market by End Use, 2017 - 2020, USD Million
TABLE 83 Saudi Arabia Cardiovascular Ultrasound Market by End Use, 2021 - 2027, USD Million
TABLE 84 South Africa Cardiovascular Ultrasound Market, 2017 - 2020, USD Million
TABLE 85 South Africa Cardiovascular Ultrasound Market, 2021 - 2027, USD Million
TABLE 86 South Africa Cardiovascular Ultrasound Market by Display, 2017 - 2020, USD Million
TABLE 87 South Africa Cardiovascular Ultrasound Market by Display, 2021 - 2027, USD Million
TABLE 88 South Africa Cardiovascular Ultrasound Market by Technology, 2017 - 2020, USD Million
TABLE 89 South Africa Cardiovascular Ultrasound Market by Technology, 2021 - 2027, USD Million
TABLE 90 South Africa Cardiovascular Ultrasound Market by Type, 2017 - 2020, USD Million
TABLE 91 South Africa Cardiovascular Ultrasound Market by Type, 2021 - 2027, USD Million
TABLE 92 South Africa Cardiovascular Ultrasound Market by End Use, 2017 - 2020, USD Million
TABLE 93 South Africa Cardiovascular Ultrasound Market by End Use, 2021 - 2027, USD Million
TABLE 94 Nigeria Cardiovascular Ultrasound Market, 2017 - 2020, USD Million
TABLE 95 Nigeria Cardiovascular Ultrasound Market, 2021 - 2027, USD Million
TABLE 96 Nigeria Cardiovascular Ultrasound Market by Display, 2017 - 2020, USD Million
TABLE 97 Nigeria Cardiovascular Ultrasound Market by Display, 2021 - 2027, USD Million
TABLE 98 Nigeria Cardiovascular Ultrasound Market by Technology, 2017 - 2020, USD Million
TABLE 99 Nigeria Cardiovascular Ultrasound Market by Technology, 2021 - 2027, USD Million
TABLE 100 Nigeria Cardiovascular Ultrasound Market by Type, 2017 - 2020, USD Million
TABLE 101 Nigeria Cardiovascular Ultrasound Market by Type, 2021 - 2027, USD Million
TABLE 102 Nigeria Cardiovascular Ultrasound Market by End Use, 2017 - 2020, USD Million
TABLE 103 Nigeria Cardiovascular Ultrasound Market by End Use, 2021 - 2027, USD Million
TABLE 104 Rest of LAMEA Cardiovascular Ultrasound Market, 2017 - 2020, USD Million
TABLE 105 Rest of LAMEA Cardiovascular Ultrasound Market, 2021 - 2027, USD Million
TABLE 106 Rest of LAMEA Cardiovascular Ultrasound Market by Display, 2017 - 2020, USD Million
TABLE 107 Rest of LAMEA Cardiovascular Ultrasound Market by Display, 2021 - 2027, USD Million
TABLE 108 Rest of LAMEA Cardiovascular Ultrasound Market by Technology, 2017 - 2020, USD Million
TABLE 109 Rest of LAMEA Cardiovascular Ultrasound Market by Technology, 2021 - 2027, USD Million
TABLE 110 Rest of LAMEA Cardiovascular Ultrasound Market by Type, 2017 - 2020, USD Million
TABLE 111 Rest of LAMEA Cardiovascular Ultrasound Market by Type, 2021 - 2027, USD Million
TABLE 112 Rest of LAMEA Cardiovascular Ultrasound Market by End Use, 2017 - 2020, USD Million
TABLE 113 Rest of LAMEA Cardiovascular Ultrasound Market by End Use, 2021 - 2027, USD Million
TABLE 114 Key Information – General Electric (GE) Co.
TABLE 116 Key Information – Siemens AG
TABLE 118 Key Information – Mindray Medical International Limited
TABLE 119 Key Information – CHISON MEDICAL TECHNOLOGIES CO., LTD.
TABLE 120 Key Information – FUJIFILM Sonosite, Inc.
TABLE 121 Key Information – Canon, Inc.
TABLE 122 Key Information – Esaote SpA
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2018, Aug – 2021, May) Leading Players
FIG 5 Recent strategies and developments: General Electric (GE) Co. (GE Healthcare)
FIG 6 Recent strategies and developments: Koninklijke Philips N.V.
FIG 7 Recent strategies and developments: Siemens AG (Siemens Healthineers)
FIG 8 Recent strategies and developments: FUJIFILM Sonosite, Inc.
FIG 9 Recent strategies and developments: Esaote S.A.