Global Structural Heart Imaging (SHI) Market to Reach $45.8 Billion by 2030
The global market for Structural Heart Imaging (SHI) estimated at US$24.5 Billion in the year 2023, is expected to reach US$45.8 Billion by 2030, growing at a CAGR of 9.4% over the analysis period 2023-2030. Echocardiogram, one of the segments analyzed in the report, is expected to record a 9.3% CAGR and reach US$27.5 Billion by the end of the analysis period. Growth in the MRI segment is estimated at 9.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $6.4 Billion, While China is Forecast to Grow at 12.6% CAGR
The Structural Heart Imaging (SHI) market in the U.S. is estimated at US$6.4 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$10.5 Billion by the year 2030 trailing a CAGR of 12.6% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.1% and 7.5% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 7% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$7 Billion by the year 2030.
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