Posted 4/9/2024, 2:47:00 PM
Stethoscope Market Size to Reach Nearly $950 Million by 2030, Driven by Aging Populations and Telehealth Growth
- Global stethoscope market size projected to reach $949.88 million by 2030, growing at a CAGR of 5.96% from 2024-2030
- Market growth driven by aging population, technological advancements, telemedicine adoption, and expanding telehealth applications
- Smart stethoscopes segment expected to register fastest growth rate of 7.02% during forecast period
- E-commerce sales channel also set to see high 7.01% CAGR through 2030
- North America accounted for 32.64% revenue share in 2023 due to presence of majority of key players