ECG Equipment Market Share by Manufacturers, Types and Current Scenario 2021-2022

Posted on 2021-10-05 by researchinsights in Healthcare // 0 Comments

San Jose, California , USA, Oct 05, 2021 — /EPR Network/ —

The ECG Equipment Market report provides a detailed evaluation of the industry by highlighting information on different aspects which include drivers, restraints, growth opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing. It also provides a detailed analysis of global market size, regional and country-level market size, competitive landscape, impact of domestic market players and value chain optimization. Furthermore, it sheds light on the market contribution, recent developments and successful marketing strategies of leading companies.

Market Insights

The global ECG Equipment Market size is expected to value at USD 6.3 billion by 2022. The ECG equipment industry is subject to witness a substantial growth due to increasing occurrence of chronic diseases, changing food patterns, significant adoption of ECG monitoring systems by healthcare professionals, and ease of operation of these devices. Increasing demand from healthcare specialists coupled with growing health-conscious population is expected to drive the growth of ECG equipment market over the forecast period.

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Furthermore, rise in the number of awareness initiatives by local governments are anticipated to offer growth opportunities for market players in the near future. However, strict laws and guidelines adopted by regional governments and lack of availability of skilled professionals are restricting the market growth, in the recent years.

Changing lifestyle and varying eating habits have steered rising occurrence cardio-vascular diseases among young as well as elderly population. High-calorie diet and lesser physical exercise are contributing to rising number of incidences of cardio-vascular diseases such as arteriosclerosis and high blood pressure. The common factors such as ever-growing pollution with the rapid industrialization and urbanization, are contributing to the respirational disorder, attributing to the demand for ECG equipment.

An ECG equipment offers smart diagnosis based treatment with the help of highly accurate diagnosis of physiological parameters in the real-time. An ECG system is able to predict and facilitate diagnostic needs of patients. The ECG systems provide highly accurate test results that helps in further treatment of patients suffering from cardo-vascular disorders. Globally, the ECG equipment industry is predicted to grow at higher CAGR in the forecast period, providing numerous opportunities for market players to invest for research and development in the ECG equipment market.

ECG equipment type outlook (Revenue, USD Million, 2012 – 2022)

ECG Monitoring Equipment
Holter Monitoring Systems
Event Monitoring Systems
ECG Stress Testing Systems

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Top Players Analysis covered in these reports

BioTelemetry
GE Healthcare
Mindray Medical Co.
Hill Rom
NIHON KOHDEN
Philips Healthcare
Spacelabs Healthcare
McKesson and many others

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