Major Players - Digital Stethoscope Industry

Jul, 2023 - by CMI

Major Players - Digital Stethoscope Industry

Increasing technical advancement in digital stethoscopes, such as electronic stethoscopes with Bluetooth wireless capability, is likely to be one of the primary drivers assisting in the growth of the digital stethoscope market. Digital Stethoscopes have various advantages over manual stethoscopes, including the capacity to magnify sounds and observe the received sounds on a visual display. Furthermore, certain digital stethoscopes can record and replay the acquired video or audio, which aids in the retention of patients' medical data.

Leading Companies in the Digital Stethoscope Industry:

1.   Eko Devices: Established in 2013. Headquarters are in the United States. A unified heart disease monitoring system is being developed to ensure that all patients have access to early heart and lung disease detection, which improves and extends their lives. With its suite of AI-powered digital tools, the company's system detects and monitors heart and lung disease, allowing healthcare professionals to detect disease earlier and more accurately, diagnose with greater confidence, manage treatment effectively, and ultimately provide the best care possible to their patients. Caregility and Eko join up to bring smart stethoscope technology to the award-winning Enterprise Telehealth Platform.

2.  FarmaSino Pharmaceuticals: Pharmaceuticals are manufactured at China Farmasino Pharmaceuticals Jiangsu Co. Ltd.'s headquarters. The company primarily develops, manufactures, and sells finished medications, bulk pharmaceuticals, intermediates, and other products. Farmasino Pharmaceuticals Jiangsu's products are also exported.

3.   Contec Medical Systems: Established in 1996. Contec Medical Systems Co Ltd, headquartered in China, is involved in the research and development, production, and sale of medical diagnosis and monitoring equipment. Blood pressure series, Blood oxygen series, Multi-parameter monitoring series, In Vitro Diagnostic Series, EEG series, Breathing sleep series, ECG series, Digital Image Series, Foetal Monitoring Series, Arteriosclerosis Series, Telemedicine and health management, and Home health products comprise the company's product portfolio. Contec Americas Inc. (Contec), a global electronics manufacturer and systems integrator, has announced the addition of the CA-ME215PE4 21.5" PCAP Touch AIO to its current line of medical and industrial All-in-One Computers.

4.   Meditech Limited: Established in 2009. Thailand is the headquarters. Created a communication aid to help paralysed and physically challenged people engage with others. The company's aid is an eye-controlled communicative device in which an HD camera retrofitted with an infrared sensor detects the patient's eye movements as the person navigates through menus containing the most necessary commands, including food and other requirements to register their needs, allowing patients to communicate accurately and conveniently with physicians and their families.

5. Exanovo Group: Adhesives, abrasives, light management, microreplication, nonwoven materials, nanotechnology, and surface modification are among the technology platforms developed by this company. Through financial investments, product donations, and the most impactful resource, the company's technology platforms promote stronger and more sustainable communities by improving living standards, preparing youth for life-long success, increasing access to quality and diverse arts opportunities, and contributing to global humanitarian relief efforts.   Exanovo Medical Technical is in charge of new product development. Exanovo Medical Instrument primarily manufactures sphygmomanometers, stethoscopes, and digital thermometers. Wuxi Medcare is in charge of the corresponding importing and exporting activity.

6. Think Labs Medical LLC: Established in 2009. Thailand is the headquarters. Created a communication aid to help paralysed and physically challenged people engage with others. The company's aid is an eye-controlled communicative device in which an HD camera retrofitted with an infrared sensor detects the patient's eye movements as the person navigates through menus containing the most necessary commands, including food and other requirements to register their needs, allowing patients to communicate accurately and conveniently with physicians and their families.

7.   3M: Established in 1902. Headquarters are in the United States. Adhesives, abrasives, light management, microreplication, nonwoven materials, nanotechnology, and surface modification are among the technology platforms developed by the company. Through financial investments, product donations, and the most impactful resource, the company's technology platforms promote stronger and more sustainable communities by improving living standards, preparing youth for life-long success, increasing access to quality and diverse arts opportunities, and contributing to global humanitarian relief efforts. Acelity (May 2019), MModal (Dec 2018), and Scott Safety (Oct 2017) are the most recent acquisitions.

*Definition: A digital stethoscope is able to convert an acoustic sound to electronic signals, which can be further amplified for optimal listening

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