24 June 2019 – The Global Smart Stethoscope Market is set to grow at an exponential CAGR by the year 2023. A typical smart stethoscope has an electronic transducer and special sensors that collects body sounds at the skin surface into corresponding digital signals. It has gained popularity on advanced testing platforms to predict acoustic values and improve the listening experience of the healthcare provider.
An increase in death rate due to heart ailment is propelling the need for electrocardiogram (ECG) and computed tomography (CT) scan in a relatively inexpensive non-invasive way. Technological advancements like digital signal processing and artificial intelligence, a rise in geriatric population, and a growing demand for quantifiable medical diagnostics are the chief factors driving the market growth. However, a smart stethoscope’s inability to determine the shape, size, function, and structure of the heart is hampering its widespread adoption.
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Geographical segmentation has presented a detailed analysis of smart stethoscope market growth prospects across the regions of North America, the Asia Pacific, Europe, the Middle East, and Africa, and Latin America. North America and Europe are currently leading due to the presence of a large number of manufacturers and their adoption of advanced Information Technology (IT) solutions.
The market is dominated by international players due to their high investments in merger and acquisition activities, R&D, patents, high brand value, and minimization of other operational costs, etc. The key players influencing the smart stethoscope market expansion comprise 3M Littmann, SMART SOUND, Welch Allyn, Thinklabs, CliniCloud, Dongjin Medical, American Diagnostics, Cardionics, EKuore, Eko Devices, HD Medical, and Childcare among others. Players are entering into business partnerships with fellow contestants and are significantly investing in innovation strategies, which is estimated to drive the vendors to reach new growth markets.
Eko Core Smart Stethoscope allows the user to quickly toggle between analog and amplified (digital) modes. Eko is supporting research activities to bring in innovative auscultation solutions and deliver most adaptable smart stethoscope to their vast consumer base.
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The investigative study on the Global Smart Stethoscope recently added by Emergen Research sheds light on the current market scope as well as the emerging trends and opportunities of the market.
To provide a deeper understanding of the global market, the report offers a statistical analysis of the global and local production and consumption ratio.
The report also offers a comprehensive analysis of the competitive landscape with company profiles and product portfolios.Get a sample of the report - https://www.emergenresearch.com/request-sample/264 PRIMARY RESEARCH MODELPost conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures.
Our team covers the entire value chain while verifying the data.
A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic.
Key Features of the Global Smart Stethoscope:· The report offers a deep insight into the market with expert data insights from the industry experts and analysts · Dedicated focus on market growth and restraining factors · Thorough analysis of the market segments includes product types, application spectrum, technology, end-user, and other key segments · SWOT and Porter’s Five Forces analysis along with feasibility analysis and venture return analysis · Current and emerging market trends and growth prospects To read more about the report, visit - https://www.emergenresearch.com/industry-report/smart-stethoscope-market MARKET ESTIMATION TECHNIQUEThe market estimation is conducted by analyzing the data collected through both secondary and primary research.
The Spirulina Market is expected to grow at a CAGR of 10.3% from 2020-2030, according to a new research report by Next Move Strategy ConsultingSpirulina is a blue green algae with high nutrient content, usually consumed by human & animals.
It is also used as a complementary diet ingredient in aquaculture & poultry feeds owing to the presence of high protein & vitamin content.According to the report, growth in health consciousness among people and the rising demand for dietary supplements are major factors driving the spirulina market growth.
Additionally, high penetration of spirulina in industries such as cosmetics and pharmaceutical owing to the advantageous properties such as anti-aging, anti-wrinkles and othersare bringing changes in market tends.However, low stability & poor sustainability of spirulina derived colours is expected to restrict the market growth.Moreover, growth in research & development activities followed by untapped market opportunities in developing economies are anticipated to provide numerous opportunities to the market players in the coming few years.On the basis of type, spirulina market share is segmented into Arthrospira Platensis and Arthrospira Maxima.
Arthrospira Maxima dominates the global Spirulina market and will be the dominant throughout the forecasted period.On the basis of application, the Spirulina market is categorised into Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others.Food & Beverages segment is likely to develop significantly over the period of time owing to fast growing food & beverage industry.On the basis of drug formulation, the spirulina market is bifurcated into Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent.
Powder segment is expected to account for the major market share & dominate the market growth over the forecast period.North America dominates the spirulina market in terms of market size over the forecast period, owing to rising health consciousness among people.
Hansen Holding A/S, Algenol Biofuels Inc., Dongtai City Spirulina Bio-engineering Co., Ltd., Prolgae, Parry Neutraceuticals, Sensient Technologies Corporation, DDW Inc., Algatec and Naturex S.A.Browse key industry insights from the report, “Spirulina Market Size By Type (ArthrospiraPlatensis and Arthrospira Maxima) By Application (Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others), By Drug Formulation (Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent)Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020–2030” in detail along with the table of contents:Key Insights from the Spirulina Market Report:Asia Pacific is the fastest growing region in Spirulina market owing to the rising demand of spirulina from various industries such as cosmetics, food , healthcare and others and government initiatives to promote local spirulina production.The Food & Beverages segment dominates the market in terms of application and is expected to grow at a significant CAGR to maintain the lead till 2030.Some of the major players in the market are DIC Corporation, Cyanotech Corporation, Chr.
