ECG Telemetry Devices Market SWOT Analysis and Key Growth technologies, Demands and Forecast till 2028

The ECG Telemetry Devices Market is expected to reach US$ 3,783.48 million in 2028 from US$ 2,087.66 million in 2020; it is estimated to grow at a CAGR of 7.8% from 2021 to 2028.

The key factors such as increase in cardiovascular disease incidence and surge in geriatric population drive the growth of the market. However, the high cost and disadvantages of ECG telemetry devices restrain the market growth.

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Analysis of the Top Market Players:

1. Cardiac Science Corporation
2. CompuMed Inc.
3. GE Healthcare Inc.
4. Medtronic Inc.
5. Mindray Medical International Ltd.
6. Nihon Kohden Corporation
7. Philips Healthcare
8. ScottCare Corporation
9. Dragger
10. Welch Allyn Inc.

In this report, the market has been segmented on the basis of:

Product (Resting ECG Devices, Stress ECG Devices, and Others)
End User (Home Healthcare and Hospitals)

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The world has been witnessing notable developments in mobile health (mHealth) from the last decade, which is offering physicians and patients new approaches to manage many diseases, including atrial arrhythmias, ventricular arrhythmias, ventricular, atrial fibrillation. The growing prevalence of arrhythmia and other cardiovascular diseases (CVDs) is triggering the need for improved diagnostic methods. ECG telemetry systems are the most effective instruments used for detecting arrhythmias. These devices allow simpler and quicker heart monitoring, which has added to their popularity. According to the World Health Organization (WHO), CVDs are the leading cause of death worldwide, with ~30 million people experiencing a stroke each year. According to the American Heart Association, almost half of all adults in the US have a kind of CVD. More than 130 million people, i.e., 45.1%, of the US population are projected to have a type of CVD by 2035.

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