(PharmaNewsWire.Com, September 12, 2017 ) Latin America Diagnostic Electro Cardiographs Market was worth $473.08 million in 2016 and estimated to reach $645.11 million by 2021 growing at a CAGR of 6.4%, Diagnostic Electrocardiograph is a device used to record electrical activity of the heart by placing electrodes on a persons body. Technological advancements in communication, low power circuit design for safer ECG Market devices along with portability features, lower power consumption more accuracy and capacity to incorporate latest diagnostic features are the key driving factors for the market growth. Increasing aging population and growing incidence of lifestyle diseases are also some of the factors boosting the growth of Global Diagnostic Electrocardiographs market. However unclear reimbursement policies along with high cost of electrocardiograph devices are hindering the growth of Diagnostic Electro Cardiographs market.
Latin America market for Diagnostic Electro Cardiographs is segmented by product, Lead type and End User. On the basis of Product the market is further sub segmented into Resting ECG Systems, Stress ECG Systems and Holter Monitors. By Lead Type market is further sub-segmented into Single-Lead Type ECG Devices, 36 Lead Type ECG Devices, 12-Lead Type ECG Devices and Other Lead Type Devices. By End user the market is segmented into Hospitals, Rehabilitation Centers, Home /Ambulatory Care research centers, Diagnostic Centers, Clinics, Physician Offices and surgical centers.
The resting ECG devices segment is the largest product segment in the ECG accounting for a share of approximately XX% where as Holter diagnostic ECG devices segment is anticipated to be the fastest growing segment due to innovative technological advancements. On the basis of geography Latin America market for diagnostic electrographs is analyzed under various regions namely Brazil, Argentina and Mexico.
Some of the major companies covered in the report are BPL Ltd, Cardiac Science Corp, Fukuda Denshi Co., Ltd, GE Healthcare, Medtronic, Inc, Philips Healthcare, Spacelabs Healthcare, Inc, Mortara Instrument, Inc, Midmark Corp, Mindray Medical International Ltd, Nihon Kohden Corp, Scottcare Corp, Schiller Ag, Welch Allyn Inc and Cardionet
1) By Product Resting ECG Systems Stress ECG Systems Holter Monitors 2) By Lead Type Single-Lead Type ECG Devices 3-6 Lead Type ECG Devices 12-Lead Type ECG Devices Other Lead Type ECG Devices 3) By End User Hospitals Home/Ambulatory Care research centres Diagnostic Centres Rehabilitation Centres Clinics Physician Offices Surgical Centres
Reasons to buy Latin America for Diagnostic Electro Cardiographs Market Research Report:
Regional, and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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