Press release
Global ECG Devices Market 2022: Increasing Incidences of Cardiovascular Diseases to Boost the Demand for ECG Devices Over the Forecast Period
The global ECG devices market is expected to witness significant growth in the coming years due to factors such as an increasing incidence of cardiovascular diseases, advances in technology, and an aging population. The market is also expected to benefit from the growing adoption of telemedicine and remote patient monitoring, as well as the increasing focus on preventive healthcare.
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The ECG devices market is segmented based on product type, end user, and geography. Based on product type, the market is divided into resting ECG devices, stress ECG devices, ambulatory ECG devices, and handheld ECG devices. Resting ECG devices are the most commonly used type, followed by stress ECG devices. Based on end user, the market is divided into hospitals, clinics, and home care settings.
Geographically, the ECG devices market is segmented into North America, Europe, Asia Pacific, and the rest of the world. North America is the largest market for ECG devices, followed by Europe and Asia Pacific. The growth of the market in these regions is driven by factors such as the presence of a large number of healthcare facilities, the availability of advanced technology, and the presence of a large aging population.
Companies
GE Healthcare,
Koninklijke Philips N.V,
Welch Allyn (Hill-rom company, Inc.),
Schiller AG, Fukuda Denshi Co. Ltd.,
Nihon Kohden Corporation,
Mortara Instrument, Inc.,
Spacelabs Healthcare, Inc.
Other
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In conclusion, the ECG devices market is expected to witness significant growth in the coming years due to factors such as the increasing incidence of cardiovascular diseases, advances in technology, and the growing adoption of telemedicine and remote patient monitoring.
Drivers to the ECG Device Market
Development in ECG devices and increase in global disease burden will drive the market growth for ECG devices over the forecast period. ECG device market has established market players along with OEMs and small players which are expanding their markets to cover larger market share into the emerging economies. Due to high competitiveness in the market players, ECG device market is fueled by bringing innovation.
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The global ECG device market is segmented on the basis of:
By Product Type
ECG Resting System
ECG Holter Monitoring System
ECG Stress Testing System
Cardiopulmonary Stress Testing System
By End User
Hospitals
Diagnostic centre
Clinics
Ambulatory surgical centre
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Our expert team of industry analysts comprising management graduates, medical professionals, engineers, and project managers provides insights on emerging therapy areas, diagnostic tools, medical devices and components, reimbursement and market access, biotechnology, and life science research products and services to equip decision-makers with sound inputs and strategic recommendations. Click here to learn more about how we zero in on the critical aspects of this industry.
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