ECG Devices Market Analysis, Top Companies, New Technology, Demand and Opportunity Analysis

By -

The global electrocardiogram (ECG) devices market is witnessing growth, due to high incidences of cardiovascular diseases and large geriatric population. Based on product type, the resting systems segment leads the global ECG devices market; whereas, the Holter monitor systems segment is the fastest growing segment of the market. The hospitals segment is the largest and the fastest growing end-user segment, in the global ECG devices market, which is driven by technological advancements for the development of ECG devices. The high healthcare provider’s compliance for ECG devices and massive unexplored ECG devices market in the emerging economies is creating ample opportunities for the growth of the global ECG devices market, in the coming years. The advanced research and development activities and new product developments by the major players are supporting the demand with better and cost effective ECG devices, thus fuelling the growth of the global ECG devices market.


The various types of cardiovascular diseases include coronary heart disease, rheumatic heart disease, peripheral arterial disease, congenital heart disease, deep vein thrombosis, and pulmonary embolism. Some of the major risk-leading habits towards cardiovascular diseases are high blood pressure, high blood cholesterol, diabetes, smoking and obesity. According to the WHO, cardiovascular diseases are the major cause of all deaths worldwide. The organization also reported that 17.5 million people died from cardiovascular diseases in 2012, representing 31% of the global death toll.

Download Free Sample of This Research Report:
Some of the factors driving the growth of the global ECG devices market are increasing healthcare expenditure, growing lifestyle related diseases, improving healthcare infrastructure. In addition, the increasing adoption of technologically advanced ECG devices in hospitals and ambulatory care settings, and high investments for the development and manufacturing of ECG devices by major players are fueling the growth of the global ECG devices. However, the high cost of advanced ECG devices, stringent regulatory requirements for the approval of ECG devices, and saturation of ECG devices market in the developed economies, such as the U.S. and Germany, are some of the factors restraining the growth of the global ECG devices market to some extent.

Make Enquiry Before Buying the Report: https://www.psmarketresearch.com/send-enquiry?enquiry-url=ecg-devices-market

Geographically, North America leads the global ECG devices market due to high prevalence of cardiovascular diseases, increased healthcare expenditure, and large proportion of older population. In addition, the high investment by major players for the development of ECG devices and technological advancements are further fueling the growth of the ECG devices market in North America. Asia-Pacific is the fastest growing region in the global ECG devices market, which is driven by growing healthcare expenditure, high prevalence of cardiovascular diseases, and improving healthcare infrastructure. Moreover, the Asia-Pacific ECG devices market is growing rapidly due to increasing awareness about ECG devices among patients and healthcare providers, and growing research and development activities in the emerging economies, such as India and China.

The key players operating in the global ECG devices market are General Electric Company, Mindray Medical International Limited, Koninklijke Philips N.V., Spacelabs Healthcare (a subsidiary of OSI Systems Inc.), CardioNet Inc., Schiller AG, Compumed Inc., Welch Allyn, and Nihon Cohden Corporation.

Comments

Post a Comment

Popular posts from this blog

Hospital Bed Market by Type, Treatment, Geography – Market Size, Growth and Demand

By -
Image
Global hospital bed market is forecasted to attain a size of $4.6 billion by 2023, according to P&S Market Research.The market is mainly driven by the increasing prevalence of chronic diseases, growing healthcare expenditure, surging aging population, and development of advanced hospital bed solutions. Based on the type of bed, the hospital bed market has been categorized into general, birthing, pediatric, pressure relief, and others. Of all types, the fastest growth during the forecast period in the global market is expected from general beds, with 5.8% CAGR, due to their low cost as compared to other beds. Based on treatment, the market has been categorized into acute care, critical care, and long-term care beds. During the forecast period, the hospital bed market for critical care is expected to grow the fastest among all types, with a CAGR of 6.0%. This growth is attributed to the fact that critical-care beds allow lateral tilting of patients, which helps in blood circula...
Read more

How the Patient Handling Equipment Market Has Witnessed Substantial Growth in Coming Years?

By -
Image
A report by the United Nations Department of Economic and Social Affairs said that the global population of people in the 60 and above age group is rising rapidly. By the end of 2050, the global share of this age group is expected to grow to 21.1% from 11.7% in 2013. Additionally, the number of people in this age group is predicted to be around 324 million in India, 437 million in China, 58 million in Brazil, and 107 million in the U.S. by 2050. One of the major contributors of the growing elderly population is the increasing life expectancy rate.  Receive Sample Copy of this Report: https://www.psmarketresearch.com/market-analysis/patient-handling-equipment-market/report-sample Taking care of the bed-ridden patients or patients with restricted mobility can be taxing for caregivers. They have to perform many tasks, such as lifting, transferring them from one place to another, repositioning, bathing, and dressing a patient. Manual lifting of patients is one of the major risk factors...
Read more

Facial Skin Ablative Treatment Market To Reach $8,394.3 Million by 2030

By -
Image
 Drivers such as the booming geriatric population, surging number of aesthetic procedures, growing awareness regarding advanced aesthetic treatments, and increasing technological advancements will facilitate the facial skin ablative treatment market growth at a CAGR of 7.8% during the forecast period (2020–2030). The market was valued at $4,134.6 million in 2019, and it is expected to reach $8,394.3 million by 2030 . With the increasing focus on improved appearances, the demand for energy-based aesthetic treatments will amplify in the coming years. The increasing awareness regarding aesthetic procedures, on account of the rising number of exhibitions, seminars, and conferences aimed at generating awareness among the general public and healthcare professionals about the developments in aesthetic and cosmetic treatments will act as a catalyst for the market growth. For example, EuroMediCom (Informa Group) organized the Aesthetic & Anti-Aging Medicine World Congress (AMWC) in Apri...
Read more