ESOPHAGEAL STETHOSCOPE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2022 to 2030)

Esophageal stethoscope is used to detect cardiac problem, wheezing, airway obstacle, larynugospasm, decline in blood pressure, etc. Esophageal stethoscopes, are mostly joined with a temperature probe and are supplanted with precordial stethoscopes as cardiothoracic monitors. These probes are preferably sited in a retrocardiac manner by passing the probes down the esophagus till the volume of the auscultated heart sounds is maximized.

Moreover, esophageal stethoscope is used to listen to the tone of pulse oximeter, heart tones and breath sounds that gives immediate and continuous feedback about pulse oximeter, heart rate and rhythm and an impression of the changes in intensity of heart sounds, which are useful in diagnosing arrhythmias, hypovolemia, anesthetic overdose, and airway obstruction. Esophageal stethoscope is used to monitor venous air embolism along with devices such as precordial doppler, a right-heart catheter, capnography, pulse oximetry, etc.

Market Dynamics

Diagnosis of different types of cardiac disease such as cardiac arrhythmias is expected to drive growth of the global esophageal stethoscope market, over the forecast period. For instance, according to data published in the book “A Practice of Anesthesia in Infants and Children, 6th Edition” in 2019,a esophageal stethoscope is used to detect cardiac arrhythmias in patients. Esophageal stethoscope is used to record heart and lung sound of the patients.

Guidelines from U.S. Food and Drug Administration (FDA) for marketing of the class I, II and III medical device, are expected to drive growth of the global esophageal stethoscope market, over the forecast period. For instance, according to data updated on March 29, 2022 by the U.S. FDA esophageal stethoscope is classified into Class II Diagnostic. FDA guidelines stated that Premarket Approval Application (PMA) is not required for marketing of medical device coming under class I, II, and III projected for human use, only need to submit a 510(k) to FDA. For marketing of class II device a market player should receive an order in the form of letter from the Food and Drug Administration which says that the device to be substantially equivalent and the new device is as safe and effective as the legally marketed device and states that the device can be marketed in the U.S

Key features of the study:

• This report provides in-depth analysis of the global esophageal stethoscope market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global esophageal stethoscope market based on the following parameters – company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, strategies, and future plans
• Key companies covered as a part of this study include Medtronic, ICU Medical, Welch Allyn, NOVAMED USA, American Diagnostic Corporation, GF Health Products, Inc., DeRoyal Industries, Inc., Medline Industries, Inc., Yu Yue medical, AUMA Riester GmbH & Co. KG, Starboard Medical, INC, Hull Anesthesia, Truer Medical, Inc., 3M, Mainline Medical Inc, and SUZUKEN CO., LTD.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global esophageal stethoscope market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global esophageal stethoscope market

Detailed Segmentation:

• Global Esophageal Stethoscope Market, By Type:
  • Disposable Stethoscope
  • Reusable Stethoscope
• Global Esophageal Stethoscope Market, By Application:
  • Cardiac Arrhythmias
  • Surgeries
  • Wheezing
  • Others (Monitoring Blood Pressure, Airway Obstruction, Laryngospasm, Obstacle of the Endotracheal Tube, etc.)
• Global Esophageal Stethoscope Market, By End Users:
  • Hospitals
  • Ambulatory Clinics
  • Clinics
  • Others (Home care, Research Centers, etc.)
• Global Esophageal Stethoscope Market, By Region:
  • North America
    • By Country
      • U.S.
      • Canada
  • Latin America
    • By Country
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
  • Europe
    • By Country
      • Germany
      • U.K.
      • France
      • Italy
      • Spain
      • Russia
      • Rest of Europe
  • Asia Pacific
    • By Country
      • China
      • India
      • Japan
      • Australia
      • South Korea
      • ASEAN
      • Rest of Asia Pacific
  • Middle East
    • By Country
      • GCC
      • Israel
      • Rest of Middle East
  • Africa
    • By Country
      • South Africa
      • Central Africa
      • North Africa
• Company Profiles
  • Medtronic *
    • Company Overview
    • Material Portfolio
    • Financial Performance
    • Key Highlights
    • Market Strategies
  • ICU Medical
  • Welch Allyn
  • NOVAMED USA
  • American Diagnostic Corporation
  • GF Health Products, Inc.
  • DeRoyal Industries, Inc.
  • Medline Industries, Inc.
  • Yu Yue medical
  • AUMA Riester GmbH & Co. KG
  • Starboard Medical, INC
  • Hull Anesthesia
  • Truer Medical, Inc.
  • 3M
  • Mainline Medical Inc.
  • SUZUKEN CO., LTD.

 “*” marked represents similar segmentation in other categories in the respective section.