ESOPHAGEAL STETHOSCOPE MARKET ANALYSIS

Esophageal Stethoscope MarketSize and Trends

Global esophageal stethoscope market is estimated to be valued at US$ 21.25 Mn in 2022 and is expected to exhibit a CAGR of 4.1% over the forecast period (2022-2030)  

Market players are involved in advancing the technology for the development of innovative stethoscope, which is expected to drive growth of the global esophageal stethoscope market.

Figure 1: Global Esophageal Stethoscope Market Share, (%), Analysis, By Application, 2022

Increasing research and development activities by researchers for the development in esophageal stethoscope is expected to drive the growth of global esophageal stethoscope market, over the forecast period.

Research and development activities is projected to increase the production of new esophageal stethoscope, which is expected to drive the global esophageal stethoscope market growth. For instance, according to an article published in National Center for Biotechnology Information on March 7, 2020, a researcher has developed a wireless electronic esophageal stethoscope aimed for continued listening of heart and lung sounds in anesthetized patients during operation. The device consists of a transmitter which amplifies and transmits the developed sound signals via a frequency modulation transmitter and receiver demodulates, amplifies, and delivers the received signal to a headphone to be heard by the anesthesiologist.