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ECG Monitoring Systems Market Expected to Grow Analysis By Type, Size, Share And Forecast 2011 - 2016
ECG Monitoring Systems Market - OverviewElectrocardiogram (ECG) monitoring systems are utilized for location and give criticism with respect to strange episodes of electrical working of the heart. ECG monitoring systems incorporate resting ECG recorders, Holter screens, Event recorders, and ECG stress testing systems. The ECG monitoring systems market is supposed to observe high development before very long because of the accessibility of unrivaled and exact picture catch devices, adaptability in picture management, and diminished hazard of radiation exposure for patients.
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Cardiovascular diseases, for example, coronary heart diseases and strokes are assessed to be the main source of death around the world. To forestall cardiovascular diseases, ECG Monitoring systems are utilized to recognize unusual heart working in patients. They likewise help in conclusion and in keeping up with the typical working of the heart. The rapid industrialization and urbanization, led to a change in lifestyle and food habits. Consumption of food products or beverage items with high alcohol or fat quantity is a major cause of heart problems. The increasing disposable incomes of people have provided them the freedom and choice to afford better quality healthcare treatment for kith and kin. The technological advancements in the field of cardiology and therapeutics and the increasing success rates of cardiovascular diseases are projected to aid in expansion of the global ECG monitoring systems market in the near future. The rising rate of aged people and their vulnerability to various diseases will also add boost to the overall growth of this market in the long run.
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The key factor augmenting the ECG monitoring systems market growth is the rising number of cardiovascular rates, ascent in the number of death cases as a result of cardiovascular disease, and increasing medical services uses and expenses. On the contrary, the lack of awareness about cardiovascular diseases and the availability of therapeutic approaches to such diseases may serve as a restraint to the growth of the global ECG monitoring systems market. The interest in ECG monitoring systems would develop because of the expansion in the number of individuals experiencing cardiovascular diseases.
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Segmentation
The global ECG monitoring systems market is categorized on the basis of product and service, type, end user, and geography. Based on product and services, the market is bifurcated into product on the one side and software & services on the other. The product segment is again divided into Smart ECG monitors, MCT devices, Event Monitors, Implantable Loop Recorders, Holster Monitors, Stress ECG devices, and Resting ECG devices. In terms of type, the market is grouped into rest ECG monitoring systems, Event monitoring systems, holter monitoring systems, and stress ECG monitoring systems. Among all these, the holter monitoring systems segment is projected to attract the highest revenues in the coming years on account of the increasing rate of cardiovascular diseases. With respect to categorization by end user, the market is classified into ambulatory surgical centers, hospitals, clinics, and Cardiac Centers, and other end users. Based on regional segmentation, the global ECG monitoring systems market is segmented into North America, Asia Pacific, Latin America, Europe, and the Middle East and Africa.
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ECG Monitoring systems are utilized to identify strange heart working in patients so as to prevent the patient from falling prey to cardiovascular diseases. ECG Monitoring Systems are clinical devices, which distinguish and give data about strange working of the heart. Cardiovascular diseases, for example, coronary heart disease and strokes are assessed to be the main source of death around the world. They additionally help in the determination and in keeping up with the typical working of the heart.
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Some of the key players of the global ECG monitoring systems market include Philips Healthcare, Nihon Kohden, GE Healthcare, Johnson & Johnson, Schiller AG, others.
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