The global stethoscope market is anticipated to witness a growth of steady CAGR in the forecast period, 2023-2027. This can be ascribed to increasing incidences of various communicable and non-communicable diseases wherein a stethoscope is used by healthcare professionals for diagnosis purposes. Additionally, a growing geriatric population that is susceptible to various diseases and injuries has significantly increased the demand for diagnosis and treatment, thereby increasing the demand for stethoscopes in healthcare settings. According to the United Nations Department of Economic and Social Affairs, Population Division, the number of persons aged 65 years or above in 2019 was about 702.9 million, and this number is expected to increase to 1548.9 million by 2050.
Stethoscopes offer several advantages, such as listening to sounds produced by the lungs, heart, intestinal tract, blood flow in peripheral vessels, and the heart sounds of developing foetuses in pregnant women, among others. Hence, the above advantages associated with stethoscopes contribute to their regular demand, thereby supporting market growth. Besides, technological advancements such as the advent of digital/ electronic stethoscopes and stethoscopes with Bluetooth connectivity, among others, are expected to create lucrative opportunities for market growth in the coming years.
Increasing prevalence of Cardiovascular and Pulmonary Diseases
An increasing number of people suffering from different cardiovascular disorders and pulmonary diseases will boost the demand for stethoscopes in the forecast period. According to the Centers for Disease Control and Prevention (CDC), heart diseases are the leading cause of death in the United States. One person dies every 34 seconds in the United States from cardiovascular disease. In 2020, about 697,000 people died of heart disease in the United States, which is equivalent to 1 in 5 deaths. The majority of cardiovascular diseases are associated with the type of sound the heart produces, thereby increasing the demand for stethoscopes. The advent of technologically advanced stethoscopes has paved the way for accurate and immediate diagnosis, thereby driving market growth.
Increasing Number of Healthcare Professionals
The improving healthcare infrastructure and increasing number of professionals adopting different healthcare services as a profession is expected to support the growth of the global stethoscope market. Every healthcare professional use stethoscope to examine the patient. The increasing number of healthcare professionals is expected to increase the demand for stethoscopes thereby fuelling the market growth. In 2022, the total number of professionally active physicians in the United States was around 1,073,616. Not only in the United States, but this number is also increasing worldwide and creating demand for stethoscopes.
Market Segmentation
Global Stethoscope market can be segmented by type, distribution channel, end-user, by region. Based on type, the market can be categorized into electronic/digital, smart, traditional acoustic, and others. Based on distribution channels, the market can be differentiated into direct sales, distributors/suppliers, and online. Based on end-user, the market can be fragmented into hospitals & clinics, ambulatory care centers, and others. Regionally, North America dominated the market among Europe, Asia Pacific, Middle East & Africa, and South America. Among the different countries, the United States dominated the global stethoscope market on account of the growing adoption of digital stethoscopes.
Market Players
3M Company, Heine Optotechnik GmbH & Co. KG., Hill-Rom Holdings, Inc., Medline Industries Inc, Eko Devices Inc., GF Health Products, Inc., Rudolf Riester GmbH (Halma Plc), American Diagnostics Corporation, Contec Medical Systems Co., Ltd., Think Labs Medical LLC are some of the leading players operating in the global stethoscope market.
Report Scope:
In this report, global stethoscope market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below:
- Stethoscope Market, By type:
- Electronic/Digital
- Smart
- Traditional Acoustic
- Others
- Stethoscope Market, By Distribution Channel:
- Direct Sales
- Distributors/Suppliers
- Online
- Stethoscope Market, By End User:
- Hospital & Clinics
- Ambulatory Care Centers
- Others
- Stethoscope Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- France
- Germany
- United Kingdom
- Italy
- Spain
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Malaysia
- Vietnam
- Indonesia
- South America
- Brazil
- Argentina
- Colombia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Turkey
- Egypt
Company Profiles: Detailed analysis of the major companies present in Global Stethoscope Market.
Company Information
- Detailed analysis and profiling of additional market players (up to five).
- 1. Product Overview
- 2. Research Methodology
- 3. Executive Summary
- 4. Impact of COVID-19 on Global Stethoscope Market
- 5. Voice of Customer
- 5.1. Demand for Stethoscope, By Type
- 5.2. Preferred Point of Purchase
- 5.3. Brand Awareness
- 6. Global Stethoscope Market Outlook
- 6.1. Market Size & Forecast
- 6.1.1. By Value & Volume
- 6.2. Market Share & Forecast
- 6.2.1. By Type (Electronic/Digital, Smart, Traditional Acoustic, Others)
- 6.2.2. By Distribution Channel (Direct Sales, Distributors/Suppliers, Online)
- 6.2.3. By End User (Hospital & Clinics, Ambulatory Care Centers, Others)
- 6.2.4. By Region
- 6.2.5. By Company (2021)
- 6.3. Market Map
- 7. North America Stethoscope Market Outlook
- 7.1. Market Size & Forecast
- 7.1.1. By Value & Volume
- 7.2. Market Share & Forecast
- 7.2.1. By Type
- 7.2.2. By Distribution Channel
- 7.2.3. By End User
- 7.2.4. By Country
- 7.3. Pricing Analysis
- 7.4. North America: Country Analysis
- 7.4.1. United States Stethoscope Market Outlook
- 7.4.1.1. Market Size & Forecast
- 7.4.1.1.1. By Value & Volume
- 7.4.1.2. Market Share & Forecast
- 7.4.1.2.1. By Type
- 7.4.1.2.2. By Distribution Channel
- 7.4.1.2.3. By End User
- 7.4.2. Canada Stethoscope Market Outlook
- 7.4.2.1. Market Size & Forecast
- 7.4.2.1.1. By Value & Volume
- 7.4.2.2. Market Share & Forecast
- 7.4.2.2.1. By Type
- 7.4.2.2.2. By Distribution Channel
- 7.4.2.2.3. By End User
- 7.4.3. Mexico Stethoscope Market Outlook
- 7.4.3.1. Market Size & Forecast
- 7.4.3.1.1. By Value & Volume
- 7.4.3.2. Market Share & Forecast
- 7.4.3.2.1. By Type
- 7.4.3.2.2. By Distribution Channel
- 7.4.3.2.3. By End User
- 8. Europe Stethoscope Market Outlook
- 8.1. Market Size & Forecast
- 8.1.1. By Value & Volume
- 8.2. Market Share & Forecast
- 8.2.1. By Type
- 8.2.2. By Distribution Channel
- 8.2.3. By End User
- 8.2.4. By Country
- 8.3. Pricing Analysis
- 8.4. Europe: Country Analysis
- 8.4.1. France Stethoscope Market Outlook
- 8.4.1.1. Market Size & Forecast
- 8.4.1.1.1. By Value & Volume
- 8.4.1.2. Market Share & Forecast
- 8.4.1.2.1. By Type
- 8.4.1.2.2. By Distribution Channel
- 8.4.1.2.3. By End User
- 8.4.2. Germany Stethoscope Market Outlook
- 8.4.2.1. Market Size & Forecast
- 8.4.2.1.1. By Value & Volume
- 8.4.2.2. Market Share & Forecast
- 8.4.2.2.1. By Type
- 8.4.2.2.2. By Distribution Channel
- 8.4.2.2.3. By End User
- 8.4.3. United Kingdom Stethoscope Market Outlook
- 8.4.3.1. Market Size & Forecast
- 8.4.3.1.1. By Value & Volume
- 8.4.3.2. Market Share & Forecast
- 8.4.3.2.1. By Type
- 8.4.3.2.2. By Distribution Channel
- 8.4.3.2.3. By End User
- 8.4.4. Italy Stethoscope Market Outlook
- 8.4.4.1. Market Size & Forecast
- 8.4.4.1.1. By Value & Volume
- 8.4.4.2. Market Share & Forecast
- 8.4.4.2.1. By Type
- 8.4.4.2.2. By Distribution Channel
- 8.4.4.2.3. By End User
- 8.4.5. Spain Stethoscope Market Outlook
- 8.4.5.1. Market Size & Forecast
- 8.4.5.1.1. By Value & Volume
- 8.4.5.2. Market Share & Forecast
- 8.4.5.2.1. By Type
- 8.4.5.2.2. By Distribution Channel
- 8.4.5.2.3. By End User
- 9. Asia-Pacific Stethoscope Market Outlook
- 9.1. Market Size & Forecast
- 9.1.1. By Value & Volume
- 9.2. Market Share & Forecast
- 9.2.1. By Type
- 9.2.2. By Distribution Channel
- 9.2.3. By End User
- 9.2.4. By Country
- 9.3. Pricing Analysis
- 9.4. Asia-Pacific: Country Analysis
- 9.4.1. China Stethoscope Market Outlook
- 9.4.1.1. Market Size & Forecast
- 9.4.1.1.1. By Value & Volume
- 9.4.1.2. Market Share & Forecast
- 9.4.1.2.1. By Type
- 9.4.1.2.2. By Distribution Channel
- 9.4.1.2.3. By End User
- 9.4.2. India Stethoscope Market Outlook
- 9.4.2.1. Market Size & Forecast
- 9.4.2.1.1. By Value & Volume
- 9.4.2.2. Market Share & Forecast
- 9.4.2.2.1. By Type
- 9.4.2.2.2. By Distribution Channel
- 9.4.2.2.3. By End User
- 9.4.3. Japan Stethoscope Market Outlook
- 9.4.3.1. Market Size & Forecast
- 9.4.3.1.1. By Value & Volume
- 9.4.3.2. Market Share & Forecast
- 9.4.3.2.1. By Type
- 9.4.3.2.2. By Distribution Channel
- 9.4.3.2.3. By End User
- 9.4.4. South Korea Stethoscope Market Outlook
- 9.4.4.1. Market Size & Forecast
- 9.4.4.1.1. By Value & Volume
- 9.4.4.2. Market Share & Forecast
- 9.4.4.2.1. By Type
- 9.4.4.2.2. By Distribution Channel
- 9.4.4.2.3. By End User
- 9.4.5. Australia Stethoscope Market Outlook
- 9.4.5.1. Market Size & Forecast
- 9.4.5.1.1. By Value & Volume
- 9.4.5.2. Market Share & Forecast
- 9.4.5.2.1. By Type
- 9.4.5.2.2. By Distribution Channel
- 9.4.5.2.3. By End User
- 9.4.6. Malaysia Stethoscope Market Outlook
- 9.4.6.1. Market Size & Forecast
- 9.4.6.1.1. By Value & Volume
- 9.4.6.2. Market Share & Forecast
- 9.4.6.2.1. By Type
- 9.4.6.2.2. By Distribution Channel
- 9.4.6.2.3. By End User
- 9.4.7. Vietnam Stethoscope Market Outlook
- 9.4.7.1. Market Size & Forecast
- 9.4.7.1.1. By Value & Volume
- 9.4.7.2. Market Share & Forecast
- 9.4.7.2.1. By Type
- 9.4.7.2.2. By Distribution Channel
- 9.4.7.2.3. By End User
- 9.4.8. Indonesia Stethoscope Market Outlook
- 9.4.8.1. Market Size & Forecast
- 9.4.8.1.1. By Value & Volume
- 9.4.8.2. Market Share & Forecast
- 9.4.8.2.1. By Type
- 9.4.8.2.2. By Distribution Channel
- 9.4.8.2.3. By End User
- 10. South America Stethoscope Market Outlook
- 10.1. Market Size & Forecast
- 10.1.1. By Value & Volume
- 10.2. Market Share & Forecast
- 10.2.1. By Type
- 10.2.2. By Distribution Channel
- 10.2.3. By End User
- 10.2.4. By Country
- 10.3. Pricing Analysis
- 10.4. South America: Country Analysis
- 10.4.1. Brazil Stethoscope Market Outlook
- 10.4.1.1. Market Size & Forecast
- 10.4.1.1.1. By Value & Volume
- 10.4.1.2. Market Share & Forecast
- 10.4.1.2.1. By Type
- 10.4.1.2.2. By Distribution Channel
- 10.4.1.2.3. By End User
- 10.4.2. Argentina Stethoscope Market Outlook
- 10.4.2.1. Market Size & Forecast
- 10.4.2.1.1. By Value & Volume
- 10.4.2.2. Market Share & Forecast
- 10.4.2.2.1. By Type
- 10.4.2.2.2. By Distribution Channel
- 10.4.2.2.3. By End User
- 10.4.3. Colombia Stethoscope Market Outlook
- 10.4.3.1. Market Size & Forecast
- 10.4.3.1.1. By Value & Volume
- 10.4.3.2. Market Share & Forecast
- 10.4.3.2.1. By Type
- 10.4.3.2.2. By Distribution Channel
- 10.4.3.2.3. By End User
- 11. Middle East and Africa Stethoscope Market Outlook
- 11.1. Market Size & Forecast
- 11.1.1. By Value & Volume
- 11.2. Market Share & Forecast
- 11.2.1. By Type
- 11.2.2. By Distribution Channel
- 11.2.3. By End User
- 11.2.4. By Country
- 11.3. Pricing Analysis
- 11.4. MEA: Country Analysis
- 11.4.1. South Africa Stethoscope Market Outlook
- 11.4.1.1. Market Size & Forecast
- 11.4.1.1.1. By Value & Volume
- 11.4.1.2. Market Share & Forecast
- 11.4.1.2.1. By Type
- 11.4.1.2.2. By Distribution Channel
- 11.4.1.2.3. By End User
- 11.4.2. Saudi Arabia Stethoscope Market Outlook
- 11.4.2.1. Market Size & Forecast
- 11.4.2.1.1. By Value & Volume
- 11.4.2.2. Market Share & Forecast
- 11.4.2.2.1. By Type
- 11.4.2.2.2. By Distribution Channel
- 11.4.2.2.3. By End User
- 11.4.3. UAE Stethoscope Market Outlook
- 11.4.3.1. Market Size & Forecast
- 11.4.3.1.1. By Value & Volume
- 11.4.3.2. Market Share & Forecast
- 11.4.3.2.1. By Type
- 11.4.3.2.2. By Distribution Channel
- 11.4.3.2.3. By End User
- 11.4.4. Turkey Stethoscope Market Outlook
- 11.4.4.1. Market Size & Forecast
- 11.4.4.1.1. By Value & Volume
- 11.4.4.2. Market Share & Forecast
- 11.4.4.2.1. By Type
- 11.4.4.2.2. By Distribution Channel
- 11.4.4.2.3. By End User
- 11.4.5. Egypt Stethoscope Market Outlook
- 11.4.5.1. Market Size & Forecast
- 11.4.5.1.1. By Value & Volume
- 11.4.5.2. Market Share & Forecast
- 11.4.5.2.1. By Type
- 11.4.5.2.2. By Distribution Channel
- 11.4.5.2.3. By End User
- 12. Market Dynamics
- 12.1. Drivers
- 12.2. Challenges
- 13. Market Trends & Developments
- 14. Competitive Landscape (Inclusive of SWOT Analysis)
- 14.1. 3M Company
- 14.2. Heine Optotechnik GmbH & Co. KG.
- 14.3. Hill-Rom Holdings, Inc.
- 14.4. Medline Industries Inc
- 14.5. Eko Devices Inc.
- 14.6. GF Health Products, Inc.
- 14.7. Rudolf Riester GmbH (Halma Plc)
- 14.8. American Diagnostics Corporation
- 14.9. Contec Medical Systems Co., Ltd.
- 14.10. Think Labs Medical LLC
- 15. Strategic Recommendations
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