The global ECG Devices market was valued at US$ 3744.2 million in 2020 and is expected to reach US$ 5438.3 million by the end of 2027, growing at a CAGR of 5.0% during 2021-2027.
ECG (Electrocardiogram) Device is a device which records the heart activities through electric signals and are amplified on the ECG monitor. ECG devices are used to diagnose types of heart diseases and arrhythmias in a person’s body therefore assist the appropriate therapy. The ECG test is noninvasive and painless procedure and determines abnormality patterns in heart. There are four different types of ECG device which determine heart activities of body under certain condition or activities.
The high adoption rate of new technology is expected to boost the market in the U.S. for ECG holter monitoring devices. The U.S. is expected to remain dominant market for ECG devices whereas APAC region is expected to witness highest growth due to large number of population suffering from cardiovascular diseases and increase in budding manufacturers providing ECG device at competitive prices.
Global ECG Devices Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global ECG Devices Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are GE (General Electric), Philips, Hill-Rom, Schiller, Nihon Kohden, Mortara Instrument, Spacelabs Healthcare, Fukuda Denshi and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-ecg-devices-market-outlook
Segment by Type
- ECG Resting System
- ECG Holter Monitoring System
- ECG Stress Testing System
- Cardiopulmonary Stress Testing System
Segment by Application
- Hospitals
- Diagnostic Centre
- Clinics
- Ambulatory Surgical Centre
Table of Content:
1 ECG Devices Market Overview
2 ECG Devices Market Competition by Manufacturers
3 ECG Devices Retrospective Market Scenario by Region
4 Global ECG Devices Historic Market Analysis by Type
5 Global ECG Devices Historic Market Analysis by Application
6 Key Companies Profiled
7 ECG Devices Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 ECG Devices Market Dynamics
10 Global ECG Devices Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
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Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.