Global Smart Stethoscope Market

Global Smart Stethoscope Market Size, Trends & Analysis - Forecasts to 2026 By Component (Stethoscope Device, Adaptors, Accessories, & Software/Apps [IOS & Android Based]), By Type (Wireless/Portable Stethoscope & Wired Electronic Stethoscope), By Application (Single & Dual-Use), By Connectivity (Wi-Fi & Bluetooth), By End User (Home Setting, Hospital & Specialty Clinics, and Research Organization), By Region (Europe, North America, MEA, Asia Pacific, and CSA); Vendor Landscape, Company Market Share Analysis, End-User Landscape, and Competitor Analysis

Category Healthcare

Format

This report was recently updated on April 11 2024 with the latest and most recent market numbers

Smart Stethoscope Market Insights

The smart stethoscope market will grow at a CAGR of ~8.5%. The smart stethoscope is the unique merger of artificial intelligence with the sound recording technology which is paired wirelessly with a mobile app or software, unlike the novel traditional stethoscope. Such stethoscopes come without any tube connectivity and offer high portability for patients to measure their auscultations anywhere anytime. These technological advancements have greatly reduced unnecessary doctor visits. The market will take the flight of growth owing to factors such as the increasing prevalence of COVID-19 cases, heart-related diseases, asthma, acute to chronic bronchitis, CVDs, other lung diseases, chest infections, which require bedside monitoring of heart rate, beat sound, etc. Also, the increasing aging population in the European and Asia-Pacific region will contribute to the growth of this market as it offers self-consultation of auscultation regardless of place, time, and guidance. Another reason for such a plunge in adoption is the integration of wireless connectivity with medical devices for the ease of patient monitoring at home, hospital, or any clinic set up.

Smart Stethoscope Market: By Component

Based on the component of the smart stethoscope, the market can be explained based on the stethoscope device itself, stethoscope adaptors, smart-stethoscope accessories, and software or apps related to it. The software and apps are marketed for two platforms namely, IOS and android. The stethoscope adaptors will be the fastest-growing product segment. This is due to the offerings this segment provides i.e. the specific adaptors for monitoring the sound of ear, heart, lungs, throat, and measuring the temperature. Due to this multifunctional capabilities, this segment is likely to grow faster than other segments.

Smart Stethoscope Market: By Type

Based on the type of stethoscopes available, the market is segmented into a wireless/ portable stethoscope and wired electronic stethoscope. The wired electronic stethoscope will have a larger share as compared to the wireless stethoscope, however the faster-growing segment will be the wireless or portable stethoscope which has become a prime need amongst the general public for self-consultation and self-health analysis.

Smart Stethoscope Market: By Application

According to the application, the smart stethoscope comes into two types, namely the single-use and dual-use stethoscope. The single-use stethoscope being the largest market shareholder only provides sound health data of heart, lung, overall chest area, heart murmurs, and afflictions, whereas the fastest growing product i.e. the dual-use stethoscope not only provides the sound data of the thoracic region but also provides the ECG, BP, EKG, temperature data of the patient.

Smart Stethoscope Market: By Connectivity

Based on connectivity the market can be well segmented into Wi-Fi and Bluetooth based products. The Bluetooth segment will be the fastest as well as the largest segment during the five years of the forecast period owing to its technical advancements over Wi-Fi.

Smart Stethoscope Market: By End-User

Based on consumer analysis, the market can be bifurcated into home settings or general public use, hospital and special clinics, & research industry. The home settings will be the largest market shareholders owing to the increasing aging population that requires bedside monitoring, rising use of self-monitoring products, and advantages over commercial stethoscope like its high portability, ease of use, availability, access to home or self-consultation due to COVID-19 situations, no doctor visits, wireless communication for the smallest of the check-ups, and patient engaging factors.

Smart Stethoscope Market: By Region

The market is bifurcated into Asia-Pacific, NA, Europe, MEA, & CSA. North America will yield the highest revenue in this market. Awareness of advanced technology for self-monitoring is the major factor to fuel the growth of this region. Moreover, the Asia-Pacific region will be the fastest-growing regional segment. The increasing prevalence of heart and lung-related diseases along with rising cases of COVID-19 cases will help adopt the smart stethoscopes during 2020-2026.

Smart Stethoscope Market Share and Competitor Analysis

The main companies operating in this market are StethoMe, M3DICINE Pty Ltd., EKO Devices Inc., STETHIO, TytoCare Ltd., WelchAllyn, HeartBuds, 3M, BESTPLUS Information Technology Hangzhou, China, ChildCare, HD Medical Group, Hebei Yifang Medical Device Co. Ltd, MinttiHealth, Indian Institute of Integrative Oncology, Maharashtra, Hulu Devices, eKuore, ThinkLab, and Cardionics, among others. (Other companies are Dongjin Medical, American Diagnostics Corporation, CliniCloud, Guangdong Hanhong Medical Technology Co., Ltd., Contec Medical Systems Co., Ltd., Nonin, Ayu Devices Pvt. Ltd., Sedation Resource, CDAC-Mohali and Freedom Scope).

Please note: This is not an exhaustive list of companies profiled in the report.

In April 2020, an Indian company namely, Ayu Devices launched its product AyuSynk, which is a smart digital stethoscope for remote auscultation.

In January 2018, M3dicine launched an artificial intelligence-based stethoscope namely, Stethee specifically tailor-made to analyze and record the patient’s heart and lung sound for home care set up.

Check the Press Release on Global Smart Stethoscope Market Report

Smart Stethoscope Market: By Type

Introduction
1. Smart Stethoscope Market, By Type, 2020-2026 (USD Million)
Wireless/ Portable Stethoscope-Based
1. Wireless/ Portable Stethoscope-Based: Smart Stethoscope Market, 2020-2026 (USD Million)
Wired Electronic Stethoscope
1. Wired Electronic Stethoscope: Smart Stethoscope Market, 2020-2026 (USD Million)

Smart Stethoscope Market: By Component

Introduction
1. Smart Stethoscope Market, By Component, 2020-2026 (USD Million)
Stethoscope Device
1. Stethoscope Device: Smart Stethoscope Market, 2020-2026 (USD Million)
Stethoscope Adaptors
1. Stethoscope Adaptors: Smart Stethoscope Market, 2020-2026 (USD Million)
Stethoscope Accessories
1. Stethoscope Accessories: Smart Stethoscope Market, 2020-2026 (USD Million)
Software/Apps
1. Software/Apps: Smart Stethoscope Market, 2020-2026 (USD Million)
  1. IoS Based: Smart Stethoscope Market, 2020-2026 (USD Million)
  2. Android Based: Smart Stethoscope Market, 2020-2026 (USD Million)

Smart Stethoscope Market: By Connectivity

Introduction
1. Smart Stethoscope Market, By Connectivity, 2020-2026 (USD Million)
Wi-Fi
1. Wi-Fi: Smart Stethoscope Market, 2020-2026 (USD Million)
Bluetooth
1. Bluetooth: Smart Stethoscope Market, 2020-2026 (USD Million)

Smart Stethoscope Market: By End-User

Introduction
1. Smart Stethoscope Market, By End-User, 2020-2026 (USD Million)
Hospital and Specialty Clinics
1. Hospital and Specialty Clinics: Smart Stethoscope Market, 2020-2026 (USD Million)
Home Settings
1. Home Settings: Smart Stethoscope Market, 2020-2026 (USD Million)
Research Organizations
1. Research Organizations: Smart Stethoscope Market, 2020-2026 (USD Million)
Other End Users
1. Other End Users: Smart Stethoscope Market, 2020-2026 (USD Million)

Smart Stethoscope Market: By Application

Introduction
1. Smart Stethoscope Market, By Application, 2020-2026 (USD Million)
Single Use Stethoscope
1. Single Use Stethoscope: Smart Stethoscope Market, 2020-2026 (USD Million)
Dual Use Stethoscope
1. Dual Use Stethoscope: Smart Stethoscope Market, 2020-2026 (USD Million)

Smart Stethoscope Market: By Region

Introduction
1. Global Smart Stethoscope Market, Regional Analysis, 2020-2026 (USD Million)
North America
1. North America Smart Stethoscope Market, Regional Analysis, 2020-2026 (USD Million)
  1. By Type
    1. North America Smart Stethoscope Market, By Type, 2020-2026 (USD Million)
  2. By Component
    1. North America Smart Stethoscope Market, By Component, 2020-2026 (USD Million)
  3. By Connectivity
    1. North America Smart Stethoscope Market, By Connectivity, 2020-2026 (USD Million)
  4. By End-User
    1. North America Smart Stethoscope Market, By End-User, 2020-2026 (USD Million)
  5. By Application
    1. North America Smart Stethoscope Market, By Application, 2020-2026 (USD Million)
  6. By Country
    1. U.S
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        U.S Smart Stethoscope Market, By Type, 2020-2026 (USD Million)
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        U.S Smart Stethoscope Market, By Component, 2020-2026 (USD Million)
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        U.S Smart Stethoscope Market, By Connectivity, 2020-2026 (USD Million)
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        U.S Smart Stethoscope Market, By End-User, 2020-2026 (USD Million)
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        U.S Smart Stethoscope Market, By Application, 2020-2026 (USD Million)
    2. Canada.
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        Canada Smart Stethoscope Market, By Type, 2020-2026 (USD Million)
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        Canada Smart Stethoscope Market, By End-User, 2020-2026 (USD Million)
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    3. Mexico
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        Mexico Smart Stethoscope Market, By Application, 2020-2026 (USD Million)
Europe
1. Europe Smart Stethoscope Market, Regional Analysis, 2020-2026 (USD Million)
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    1. Europe Smart Stethoscope Market, By Type, 2020-2026 (USD Million)
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    1. Europe Smart Stethoscope Market, By Component, 2020-2026 (USD Million)
  3. By Connectivity
    1. Europe Smart Stethoscope Market, By Connectivity, 2020-2026 (USD Million)
  4. By End-User
    1. Europe Smart Stethoscope Market, By End-User, 2020-2026 (USD Million)
  5. By Application
    1. Europe Smart Stethoscope Market, By Application, 2020-2026 (USD Million)
  6. By Country
    1. Germany
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        Germany Smart Stethoscope Market, By End-User, 2020-2026 (USD Million)
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        Germany Smart Stethoscope Market, By Application, 2020-2026 (USD Million)
    2. UK
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        UK Smart Stethoscope Market, By Component, 2020-2026 (USD Million)
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        UK Smart Stethoscope Market, By Connectivity, 2020-2026 (USD Million)
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        UK Smart Stethoscope Market, By End-User, 2020-2026 (USD Million)
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        UK Smart Stethoscope Market, By Application, 2020-2026 (USD Million)
    3. France
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        France Smart Stethoscope Market, By End-User, 2020-2026 (USD Million)
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    4. Italy
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        Italy Smart Stethoscope Market, By Component, 2020-2026 (USD Million)
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        Italy Smart Stethoscope Market, By Connectivity, 2020-2026 (USD Million)
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        Italy Smart Stethoscope Market, By End-User, 2020-2026 (USD Million)
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        Italy Smart Stethoscope Market, By Application, 2020-2026 (USD Million)
    5. Rest Of Europe
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        Rest Of Europe Smart Stethoscope Market, By Type, 2020-2026 (USD Million)
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        Rest Of Europe Smart Stethoscope Market, By Component, 2020-2026 (USD Million)
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        Rest Of Europe Smart Stethoscope Market, By Connectivity, 2020-2026 (USD Million)
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        Rest Of Europe Smart Stethoscope Market, By End-User, 2020-2026 (USD Million)
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        Rest Of Europe Smart Stethoscope Market, By Application, 2020-2026 (USD Million)
Asia Pacific
1. Asia Pacific Smart Stethoscope Market, Regional Analysis, 2020-2026 (USD Million)
  1. By Type
    1. Asia Pacific Smart Stethoscope Market, By Type, 2020-2026 (USD Million)
  2. By Component
    1. Asia Pacific Smart Stethoscope Market, By Component, 2020-2026 (USD Million)
  3. By Connectivity
    1. Asia Pacific Smart Stethoscope Market, By Connectivity, 2020-2026 (USD Million)
  4. By End-User
    1. Asia Pacific Smart Stethoscope Market, By End-User, 2020-2026 (USD Million)
  5. By Application
    1. Asia Pacific Smart Stethoscope Market, By Application, 2020-2026 (USD Million)
  6. By Country
    1. China
      1. By Type
        
        China Smart Stethoscope Market, By Type, 2020-2026 (USD Million)
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        China Smart Stethoscope Market, By Component, 2020-2026 (USD Million)
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        China Smart Stethoscope Market, By Connectivity, 2020-2026 (USD Million)
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        China Smart Stethoscope Market, By End-User, 2020-2026 (USD Million)
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        China Smart Stethoscope Market, By Application, 2020-2026 (USD Million)
    2. Japan
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        Japan Smart Stethoscope Market, By Type, 2020-2026 (USD Million)
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        Japan Smart Stethoscope Market, By Component, 2020-2026 (USD Million)
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        Japan Smart Stethoscope Market, By Connectivity, 2020-2026 (USD Million)
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        Japan Smart Stethoscope Market, By End-User, 2020-2026 (USD Million)
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        Japan Smart Stethoscope Market, By Application, 2020-2026 (USD Million)
    3. India
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        India Smart Stethoscope Market, By Type, 2020-2026 (USD Million)
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        India Smart Stethoscope Market, By Component, 2020-2026 (USD Million)
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        India Smart Stethoscope Market, By Connectivity, 2020-2026 (USD Million)
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        India Smart Stethoscope Market, By End-User, 2020-2026 (USD Million)
      5. By Application
        
        India Smart Stethoscope Market, By Application, 2020-2026 (USD Million)
Central & South America
1. Central & South America Smart Stethoscope Market, Regional Analysis, 2020-2026 (USD Million)
  1. By Type
    1. Central & South America Smart Stethoscope Market, By Type, 2020-2026 (USD Million)
  2. By Component
    1. Central & South America Smart Stethoscope Market, By Component, 2020-2026 (USD Million)
  3. By Connectivity
    1. Central & South America Smart Stethoscope Market, By Connectivity, 2020-2026 (USD Million)
  4. By End-User
    1. Central & South America Smart Stethoscope Market, By End-User, 2020-2026 (USD Million)
  5. By Application
    1. Central & South America Smart Stethoscope Market, By Application, 2020-2026 (USD Million)
  6. By Country
    1. Brazil
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        Brazil Smart Stethoscope Market, By Type, 2020-2026 (USD Million)
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        Brazil Smart Stethoscope Market, By Component, 2020-2026 (USD Million)
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        Brazil Smart Stethoscope Market, By Connectivity, 2020-2026 (USD Million)
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        Brazil Smart Stethoscope Market, By End-User, 2020-2026 (USD Million)
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        Brazil Smart Stethoscope Market, By Application, 2020-2026 (USD Million)
Middle East & Africa
1. Middle East & Africa Smart Stethoscope Market, Regional Analysis, 2020-2026 (USD Million)
  1. By Type
    1. Middle East & Africa Smart Stethoscope Market, By Type, 2020-2026 (USD Million)
  2. By Component
    1. Middle East & Africa Smart Stethoscope Market, By Component, 2020-2026 (USD Million)
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    1. Middle East & Africa Smart Stethoscope Market, By Connectivity, 2020-2026 (USD Million)
  4. By End-User
    1. Middle East & Africa Smart Stethoscope Market, By End-User, 2020-2026 (USD Million)
  5. By Application
    1. Middle East & Africa Smart Stethoscope Market, By Application, 2020-2026 (USD Million)
  6. By Country
    1. Saudi Arabia
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        Saudi Arabia Smart Stethoscope Market, By Type, 2020-2026 (USD Million)
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        Saudi Arabia Smart Stethoscope Market, By Component, 2020-2026 (USD Million)
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        Saudi Arabia Smart Stethoscope Market, By Connectivity, 2020-2026 (USD Million)
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        Saudi Arabia Smart Stethoscope Market, By End-User, 2020-2026 (USD Million)
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        Saudi Arabia Smart Stethoscope Market, By Application, 2020-2026 (USD Million)
    2. UAE
      1. By Type
        
        UAE Smart Stethoscope Market, By Type, 2020-2026 (USD Million)
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        UAE Smart Stethoscope Market, By Component, 2020-2026 (USD Million)
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        UAE Smart Stethoscope Market, By Connectivity, 2020-2026 (USD Million)
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        UAE Smart Stethoscope Market, By End-User, 2020-2026 (USD Million)
      5. By Application
        
        UAE Smart Stethoscope Market, By Application, 2020-2026 (USD Million)

The global Smart Stethoscope Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Smart Stethoscope Market.

Smart Stethoscope Market

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Smart Stethoscope Market

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.

Smart Stethoscope Market