Press release
Ecg Device Market Register a CAGR Growth of 4.1% CAGR by 2024
ECG devices are experiencing a paradigm technological shift from resting ECG systems to portable Holter monitoring systems, owing to their advantages of patient mobility, low prices and longer duration of patient monitoring. ECG devices are proving to be more efficient in ECG monitoring due to advancement in technology, allowing healthcare providers to monitor recorded data remotely and data management facilities for better analysis of data. These factors are expected to fuel the growth of global ECG devices market to grow at a CAGR of 4.1% between 2016 and 2024, according to a new report by Persistence Market Research (PMR). The report, titled, “ECG Device Market: Global Industry Analysis and Forecast, 2016-2024”.
Request to view table of content @www.persistencemarketresearch.com/market-research/ecg-dev...
PMR’s report offers market forecast and analysis on global ECG device market, segmenting the market on the basis of product, end-user, and region. The report segments the global ECG device market into five key regions, North America, Latin America, Europe, Middle East and Africa (MEA) and Asia Pacific (APAC). According to the PMR’s regional analysis, North America (U.S. and Canada) is the most lucrative market for ECG devices globally.
APAC is estimated to hold nearly 27.3 % revenue share by the end of 2016 in the ECG device market. MEA region is also expected to grow significantly over the forecast period owing to its high public healthcare expenditure and government funding. This region is expected to grow at CAGR of 4.5% over the forecast period.
A sample of this report is available upon request @ www.persistencemarketresearch.com/samples/3244
On the basis of product, PMR has segment the ECG device market into ECG resting system, ECG Holter monitoring system, ECG stress testing system and cardiopulmonary stress testing system segments. ECG Holter monitoring system segment is expected to dominate the market through the forecast period and is anticipated to be the most lucrative segment. Due to the high adoption rate of ECG Holter monitoring devices globally this segment is expected to witness high incremental opportunity.
On the basis of the end user, the ECG device market has been segmented into hospitals, diagnostic centers, clinics and ambulatory surgical centers (ASCs). PMR estimates that hospitals segment accounts for highest revenue share in the end user segment of ECG device market and is expected to witness the fastest growth over the forecast period.
Factors like increasing number of private hospitals in emerging countries and government funding for better infrastructure is expected to boost revenue share from hospitals segment for ECG device market. Diagnostic centers segment is also expected to gain significant growth during the forecast period due to better diagnostic facilities and ease of access.
The report discusses several factors affecting the ECG device market like increment in healthcare expenditure, key strategies of the participant companies, reimbursement policies, and regulations.
Some key market participants included in the PMR’s ECG device market include 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.
Buy full ECG Devices market report @ www.persistencemarketresearch.com/checkout/3244
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Ecg Device Market Register a CAGR Growth of 4.1% CAGR by 2024 here
News-ID: 734139 • Views: …
More Releases from Persistence Market Research
Frozen Foods Market Heats Up with Innovation and Growing Consumer Demand
Market Overview:
The frozen foods market consists of a wide range of products, including frozen fruits and vegetables, meat and seafood, ready-to-eat meals, and desserts. These products are preserved through freezing to maintain freshness and quality for an extended period.
Market Size and Growth:
The global market for frozen foods is forecasted to be of valuation US$ 281.0 Billion in the year 2022 which is expanding at a value CAGR of 5.1% and…
The Global Graphene Market's Striking Growth and Innovative Applications
Introduction
Graphene, a single layer of carbon atoms arranged in a hexagonal lattice, has gained global recognition for its extraordinary properties, such as exceptional electrical and thermal conductivity, mechanical strength, and flexibility. Since its isolation in 2004 by Andre Geim and Konstantin Novoselov, graphene has sparked considerable interest in both scientific and industrial communities. This report explores the current state of the graphene market and its potential growth opportunities.
Get Access To…
Business Opportunities in Cyber Security Mesh Market : Top Countries Data Analys …
Market Overview:
The projected global market size for cyber security mesh is expected to reach $8.8 billion by the year 2033, with an estimated valuation of $1.2 billion by 2023. This market is poised to experience a compound annual growth rate (CAGR) of 21.7% from 2023 to 2033.
The global Cyber Security Mesh market is poised for significant growth as organizations worldwide grapple with the escalating threat landscape. Cybersecurity has become an…
Synthetic Beta-Carotene Market To Boost Incredible Growth: 2033, Share Valuation …
Key market trends included a shift towards natural and plant-based ingredients, as consumers sought cleaner labels and healthier options. This drove the demand for naturally sourced beta-carotene, but synthetic beta-carotene still had its place due to its cost-effectiveness and consistency in production. The market was also influenced by regulatory changes and evolving dietary preferences, which affected the application and formulation of synthetic beta-carotene in various products.
To obtain the latest market…
More Releases for ECG
ECG Cable and ECG Lead Wires Market
Allied Market Research (USA, Oregon, Portland) Published Latest Report titled, ‘ECG Cable and ECG Lead Wires Market: Global Opportunity Analysis and Industry Forecast 2020-2027’.
This market research study determines the increase in changes and the aspects which are likely to have an impact on the growth of the ECG Cable and ECG Lead Wires Market. Increased demand for the technologies is also one of the factors, which are likely to boost…
ECG Cable and ECG Lead Wires Market Opportunity Analysis, 2018-2026
Electrocardiograph machines are used to measure the electrical activity of a patient’s heart. The electrical activity of the heart is recorded with the help of 12-lead ECGs and 10 electrodes placed on patient’s limbs and surface of the chest. Furthermore, ECG applies to monitor the patient’s emergency situation to obtain quick results of heart’s size, position of heart chambers, the rate of the heart, rhythm, and any damage to heart…
Diagnostic Electrocardiograph (ECG) Market Report 2018: Segmentation by Product …
Global Diagnostic Electrocardiograph (ECG) market research report provides company profile for Fukuda Denshi, Welch Allyn, Mortara Instrument, NIHON KOHDEN, GE Healthcare, Philips, BioTelemetry, Suzuken and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The…
ECG Cables and ECG Lead Wires Market succouring demand 2025
Global ECG Cables and ECG Lead Wires Market: Snapshot
ECG cables and lead wires are a key equipment needed for electrocardiography, a monitoring technique used in several cardiac diseases. The global ECG cables and lead wires market has thus been driven primarily by the rising prevalence of cardiovascular conditions among the modern urban demographic and the growth of the geriatric demographic, which has led to rising demand for cardiac monitoring equipment.…
Global ECG cables and ECG leadwires Sales Market industry Report 2017
A fresh report has been added to the wide database of Market Research Hub (MRH). The research study is titled “Global ECG cables and ECG leadwires Sales Market” which encloses important data about the production, consumption, revenue and market share, merged with information related to the market scope and product overview. The report anticipates that the sector for Medical Equipments would rise at a positive CAGR during the period 2017-2022.…
ECG Equipment & Management System Market Analysis By Type (Holter Monitors, Rest …
Introduction
Electrocardiogram (ECG) devices record and test the cardio activity electrically. The electrical impulse that is generated by cardiac tissues is recorded by ECG by polarization and depolarization mechanism. ECG devices are of excessive help to physicians and cardiologist for proper and early detection of cardiac disorders and diagnosis like inflammation of heart, abnormal heart rhythm, congenital heart defect, poor supply of blood to the arteries and many more. ECG stress…
