NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Thursday, November 7, 2013

Global market for stethoscopes is expected to witness steady growth in the short-to-medium term period driven by a combination of favorable factors including growing healthcare needs, improving access to healthcare and rising per capita healthcare spends in both developed and developing countries. Other factors driving growth include rising standards of living, aging population and continued enhancements in stethoscope design in terms of improved performance and better acoustics