U.S. Stethoscope Market is expected to expand at a CAGR of 5.0% from 2021 to 2028
U.S. Stethoscope Industry Overview The U.S. stethoscope market size was valued at USD 143.42 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 5.0% from 2021 to 2028. Increasing cardiovascular and respiratory diseases and the growing aging population are the major factors expected to drive the U.S. market. In addition, the adoption of technologically advanced products, such as Bluetooth integrated stethoscopes, and various government initiatives are few more factors contributing to the growth of the market. Moreover, the recent outbreak of COVID-19 has increased the demand for modern digitized stethoscopes in the country. This pandemic has also led to the implementation and use of telemedicine and telehealth platforms and wearable devices as part of current standards of care in many healthcare facilities to avoid the risk of cross-contamination. Since auscultation of the lungs is generally the first procedure to determine whether th...