Global Teaching Stethoscopes Market: Introduction
The teaching stethoscope is made in a standard black color, and the stethoscope blends easily with other stethoscopes in a medical environment such as a hospital and a doctor’s surgery. Teaching stethoscopes enable students to learn on the job. Teaching stethoscopes require two binaurals, which enables the teacher and the student to listen simultaneously during a physical examination. The teaching stethoscope also has an appropriate tube length for teaching. They are commonly used for the training of medical professionals, which includes trainee nurses as well as doctors.
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Key Drivers of Global Teaching Stethoscopes Market
Increase in Infectious Diseases
Incidence of infectious diseases in the human population, both in total number and richness of causal diseases, has been increasing for the last few years. Infectious diseases and associated mortality have abated; however, they remain a significant threat throughout the world. Infectious disease threats and the fear and panic that may accompany them map to various economic and social risks. Moreover, trained professionals are needed to treat infectious diseases. These factors drive the market.
Increase in Geriatric Population
According to the WHO, global population is increasing at the annual rate of 1.7%, while the population of those over 65 years is increasing at a rate of 2.5%. The fastest growing population segment in most countries is the older than 80 years adults segment, which, according to the United Nations estimates, is likely to make up nearly 20% of the global population for the year 2019. The nutritional risk factors in the geriatric population and careful screening can intervene in the early stages, which can be termed valuable and effective. Trained staff is necessary in significantly high numbers to treat the geriatric population. These factors drive the market.
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North America to Account for Major Share of Global Teaching Stethoscopes Market
• North America is projected to account for a major share of the global teaching stethoscopes market during the forecast period. The market in the region is anticipated to expand at a rapid pace in the next few years due to an increase in research & development and various government initiatives for the development of novel techniques. Improving diagnosis quality, rapidly growing economies in the region, and rising interest of major players in exploring market opportunity are few major factors boosting demand for teaching stethoscope making Europe the second-largest market during the forecast period
• The teaching stethoscopes market in Asia Pacific is likely to expand at a high CAGR during the forecast period. This can be attributed to a rise in investment in research & development by private & government organizations and increase in patient health management.
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Key Players Operating in Global Teaching Stethoscopes Market
The global teaching stethoscopes Market is highly consolidated owing to the presence of a number of key players. Leading players operating in the global teaching stethoscopes market include:
• Prestige Medical
• 3M Littmann Stethoscopes
• ZellaMed Instruments, Arno Barthelmes
• Wenzhou Bokang Instruments
• KaWe
• Welch Allyn
• UltraScope
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