Heart Murmur Devices Market Size, Share & Industry Analysis, By Product (Diagnostic Devices, Treatment Devices), By End User (Hospitals, Ambulatory Surgical Centers, Specialty Clinics, Others) and Regional Forecast, 2024-2032

A heart murmur is a sound that occurs due to turbulent blood flow within the heart. There are two types of murmur, harmless or innocent murmur, and abnormal murmur. Abnormal murmur is indicative of abnormal functioning of the heart or heart valves or issues related to the structure of the heart.  Abnormal heath murmurs are caused due to congenital heart diseases, valve stenosis, valve regurgitation endocarditis, rheumatic fever, and others. The heart murmur can be detected by electrocardiogram (ECG), chest X-ray, echocardiogram and cardiac catheterization. Recently, software is also launched for the detection of heart murmurs which is expected to boost the heart murmur devices industry. For example, May 2019, eMurmur received FDA approval for eMurmur ID, a solution which operates with electronic stethoscope and can differentiate between innocent and abnormal heart murmur using artificial intelligence. Balloon valvuloplasty, heart valve replacement, and annuloplasty are the surgical methods usually employed for the treatment of abnormal heart murmurs.

Global heart murmur devices market growth is being driven by the rising prevalence of heart diseases, rapid adoption of sedentary lifestyles, increasing aging population, and favorable health reimbursement. Furthermore, growing awareness regarding early diagnosis of heart diseases and technological advancements leading to the introduction of heart murmur detection devices and software are also major factors that are anticipated to fuel the global heart murmur devices market. For example, in November 2018, eKuore announced the launch of a digital interface named eKuore ONE for digital stethoscopes that records heart sound using tablets or smartphones.

On the other hand, invasive surgery for the treatment of heart murmur, complications associated with the use of devices such as annuloplasty rings or catheters and stringent government regulations are the factors that can restrain the growth in global heart murmur devices market.

Key Players Covered:

The major companies covered in the global heart murmur devices market report include SensiCardiac, eMurmur, Medtronic, 3M, B. Braun Melsungen AG, Mitralign Inc., Cardiac Dimensions Pty Ltd., Abbott, Teleflex Incorporated, Boston Scientific Corporation, Eko Health Inc., and other players.

As per the current heart murmur devices market trends, diagnostic devices segment among the product is anticipated to account for maximum market share in the global heart murmur devices market during the forecast period owing to increased demand for heart murmur detection devices, technological advancements and rising prevalence of heart diseases.

Key Insights:

• Epidemiology of heart diseases for key countries


• Reimbursement scenario for key countries


• Technological advancement in heart murmur diagnosis


• New product launch


• Key mergers and acquisitions

Regional Analysis:

Geographically, the global heart murmur devices market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is anticipated to dominate the global heart murmur devices market over the forecast period owing to the rapid adoption of a sedentary lifestyle, increased demand for early diagnostic diseases, and rising prevalence of heart diseases. According to the Centers for Diseases Control and Prevention, 28.2 million adults in the U.S. were diagnosed with heart diseases in 2017, which is expected to favor the expansion of heart murmur devices market in North America. Favorable health reimbursement, active government support, and new product approvals are primary factors projected to augment the heart murmur devices market in Europe.

In June 2019, eMurmur received CE mark form the European Commission for eMurmur ID, a solution for the detection of abnormal heart murmur, which is anticipated to increase the demand heart murmur devices in Europe. Asia Pacific is expected to register a remarkable growth in the global heart murmur devices market due to the increasing aging population, huge patient pool and increase in number of cardiac surgeries. In Latin America and Middle East and Africa, the heart murmur devices market is likely to flourish during the forecast period owing to the increased awareness regarding heart disease and treatment, gradual rise in number of cardiologist, and improving healthcare infrastructure.

Segmentation

Heart Murmur Devices Industry Developments

• In May 2019, eMurmur received FDA approval for eMurmur ID, a solution which operates with electronic stethoscope and can differentiate between innocent and abnormal heart murmur using artificial intelligence.


• In May 2019, Northwestern Medicine Bluhm Cardiovascular Institute and Eko announced their collaboration for study on use of artificial intelligence algorithms and Eko’s digital stethoscopes for interpreting heart murmurs.


• In November 2018, eKuore announced the launch of a digital interface named eKuore ONE for digital stethoscopes that records heart sound using tablets or smartphones.