2014-03-31 12:24:02 - Stethoscopes: A Global Strategic Business Report - a new market research report on companiesandmarkets.com
Global market for Stethoscopes is forecast to reach US$359.4 million by 2018, driven by the expanding healthcare needs in both developed as well as developing countries and technological advancements aimed at enhancing design and acoustics of the traditional stethoscope.
Global market for stethoscopes is expected to witness steady growth in the short-to-medium term period driven by a combination of favorable factors including growing healthcare needs, improving access to healthcare and rising per capita healthcare spends in both developed and developing countries. Other factors driving growth include rising standards of living, aging population and continued enhancements in stethoscope design in terms of improved performance and better acoustics. Despite the advent of several newer technologies such as electrocardiography, hand-held ultrasounds, among others, stethoscopes
continue to be the primary device used by healthcare professionals for listening to sounds emanating from the heart and other body organs.
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