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ECG Telemetry Devices Market Outlook with Expected 8.3% CAGR 2019 – 2023 | Global Key Players - Aerotel Medical Systems, Cardiac Science, GE, Medtronic, Nihon Kohden, Schiller AG, Siemens
Marketprognosis.com Publish a New Market Research Report On “Global ECG Telemetry Devices Market 2019 - 2023” which contains global key player’s survey information and forecast to 2023.Overview of the Global ECG Telemetry Devices Market:
The report spread across 112 pages is an overview of the Global ECG Telemetry Devices Market. These report study based on the ECG Telemetry Devices Market. It is a complete overview of the market, covering various aspects prevailing market landscape. It accumulates comprehensive information and research methodologies.
The Global ECG Telemetry Devices Market is expected to grow at a CAGR of 8.3% during the forecast period. ECG telemetry devices are very useful in addressing the requirements of patients, who are extremely vulnerable to cardiac disorders and require continuous medical intervention. These ECG telemetry devices are gaining acceptance and support from the post-coronary care and ambulatory service providers.
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Increase in Cardiovascular Diseases Rates; The world’s population is around 7.5 billion and increasing. And along with the rising population, the number of people in old age is also growing, and the number of deaths due to cardiovascular diseases, is on the rise. Cardiovascular diseases are one of the leading causes of premature death in the world; the cardiac diseases include heart attacks, strokes, and other circulatory diseases. According to the American Heart Association, the number of people living with heart failure increased from 5.7 million (2012) to 6.5 million people (2014). So, every year, the percentage of people living with cardiac diseases is increasing, and this population is expected to use the diagnostic tests, such as the ECG. So, the ECG telemetry devices usage is also expected to increase. Hence the increased cardiovascular disease rate is driving the ECG telemetry market. The factors, like increasing number of homecare monitoring devices and the increase in a number of service providers, are driving the market.
ECG telemetry devices are high-cost, and this cost is becoming a major restraint for the growth of the market. For example, if continuous monitoring is required for the patient, it costs around $300 or more per night, excluding the bed and hospital costs. So, the cost is becoming a heavy burden for the patients financially, as telemetry beds are quite expensive. Hence, people are not opting ECG telemetry devices, which are hindering the market growth. Also, the continuous need of wireless communication mode is restraining the market growth.
As per the regional analysis, In North America, the United States is dominating the ECG telemetry devices market, due to the availability of reimbursement policies, government initiatives, and investment in patient healthcare expenditure. Asia-Pacific is expected to record a substantial growth over the forecast period.
Purchase this report online with 112 Pages, Top Key Players Analysis and List of Tables & Figure @ https://marketprognosis.com/buyReport/16805 .
Major Key Players:
1 Aerotel Medical Systems Ltd
2 Cardiac Science Corporation
3 GE Healthcare Inc.
4 Medtronic Inc.
5 Mindray Medical International Ltd
6 Nihon Kohden Corporation
7 Philips Healthcare
8 Schiller AG
9 Siemens Healthcare and More…………….
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This study answers to the below key questions:
1 What will the market size be in 2023 and what will the growth rate be?
2 What are the key market trends?
3 What are the challenges to market growth?
4 Who are the key players in this market?
5 What are the market opportunities and threats faced by the key players?
In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of ECG Telemetry Devices Market.
Table of Contents:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Key Inferences
5 Market Overview
6 Drivers, Restraints, Opportunities and Challenges Analysis (Droc)
7 Market Segmentation
8 Competitive Landscape
9 Key Players
10 Future Outlook of the Market
About us:
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.
Contact us:
ProgMark Pvt. Ltd.
Thane – 421501
India.
sales@marketprognosis.com
+1 973 241 5193
https://www.marketprognosis.com
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