(PharmaNewsWire.Com, September 06, 2019 ) Market Overview: Electrocardiograph (ECG) is a non-invasive and painless medical test that records heart activities through electric signals, and these signals are amplified on the ECG monitor. In ECG each heartbeat is recorded with an electrode as an electrical impulse and detect minutest electrical changes in the skin caused due to heart muscle depolarizing during each heartbeat.
The ECG market will exhibit XX% CAGR from 2019 to 2026, to reach an estimated market value of $XX billion by 2026.
Market Dynamics: The major drivers driving the market are a rise in cardiovascular diseases globally, technological advancements in ECG devices such as portable and handheld, increase in geriatric population and favorable government regulations regarding monitoring devices. Lack of awareness regarding early prevention of cardiovascular diseases in the developing economies, unstable reimbursement strategies for ECG devices and increase in market saturation are going to restrain the market in the forecast period.
Market Segmentation:
By type as: • Resting ECG • Stress ECG • Holter monitors • Cardiac event monitors • Others
By lead as: • Single lead • 3-6 lead • 12 lead • Others
By the end user as: • Hospitals and clinics • Home care devices • Others
Geographical Analysis: Geographically, the ECG market is divided into: • North America • Europe • South America • Asia-Pacific • The Middle East and Africa
Competitive Analysis: Key Players are: • BioTelemetry • CompuMed Inc. • Spacelabs Healthcare Inc. • GE Healthcare • Royal Philips Healthcare • Nihon Kohden Corporation • Medtronic • Others
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