Recording Chart Paper Market Size & Share to See Modest Growth Through 2024

Recording chart paper is extensively used in the diagnosis of various healthcare diagnostic procedures. It is a thermal coated special paper used with equipment such as fetal monitoring, ECG monitoring, and video image printers. Recording chart paper is designed precisely to display clearly defined alphanumeric characters as well as to generate clear and accurate tracings. They are majorly used in the medical field, diagnostic field, and for laboratory analysis. They come in either rolled format or Z-folded format and are used in the recording of the antepartum and intrapartum monitoring. Benefits such as extended timelines at one-minute intervals and easy to read grids are offered by recording chart papers and they are an essential part of the diagnostic procedures of cardiovascular diseases. Recording chart papers are static sensitive and this property makes it compatible with various diagnostic equipment.

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The global recording chart market is segmented into its type of product, end-users, and geography. On the basis of the type of product, the market is divided into ultrasound or OBGYN recording chart paper, ambulatory or EMS recording charts for defibrillators, fetal monitoring recording chart papers, and cardiology monitoring recording chart papers. Based on end-users, the market is segregated into ambulatory surgical centers, clinics, diagnostic centers, and hospitals. On the basis of geography, the market is diversified into Europe, the Middle East and Africa, Latin America, Asia-Pacific, and North America.

Rising emphasis to reduce infant mortality and the increasing prevalence of cardiovascular diseases, especially among the geriatric population, will drive the market demand for recording chart paper. Other factors such as increasing population, rising health concerns among individuals, and increasing disposable income will influence the market growth positively. However, digital instruments used are more accurate as compared to record chart papers. This factor may cause a hindrance to the growth of the recording chart paper market.

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North America will account for the major market share of the recording chart papers market. This growth can be attributed to the fine reimbursement policies for diagnostic procedures in this region. Also, increase in the geriatric population which is more prone to cardiac disease coupled with the increasing number of cardiovascular disease in Canada and the U.S. will boost the recording chart paper market in this region. Following North America in its growth will be Asia Pacific. A large number of local players providing cheap recording chart paper especially in China will greatly influence the market growth in this region. Europe will grow at a moderate pace in the coming periods. Latin America and the Middle East and Africa will also be contributing a considerable share to the market growth.

Market Competitive Players

Some of the major companies in the recording chart paper market include Kokusai Chart Corporation, Covidien Ltd. (Medtronic Plc.), Pirrone Srl., Tele-Paper Sdn Bhd., Precision Charts Inc., Recorders Charts & Pens Inc., and Euran Erikoispaperit Oy.

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Recording Chart Paper Market by Geographical Analysis: North America( U.S.), Europe( UK, France, Germany), Asia-Pacific (China, Japan, India), Latin America( Brazil), Middle East and Africa

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