(PharmaNewsWire.Com, February 21, 2024 ) As per Maximize Market research, the US ECG Equipment Market was USD 3.9 Billion in 2023 and is expected to grow at a CAGR of 6.59 percent over the forecast period to reach USD 6.1 Billion by 2030.
US ECG Equipment Market Report Scope and Research Methodology
The US ECG Equipment Market Report is meticulously designed to offer a comprehensive understanding of market dynamics, trends, and factors. The research methodology involves a strong approach, incorporating primary data collection through interviews and surveys, complemented by secondary research from reputable sources.
The awareness among consumers is increasing regarding the importance of preventive healthcare and regular cardiovascular screenings. The population of senior citizens is growing and often experiences a higher prevalence of cardiac issues, contributing to the demand for ECG equipment. The adoption of wearable ECG devices is rising and contributes to the market growth.
US ECG Equipment Market Segment Analysis
The resting ECG Machines sub-segment dominated the market in the year 2023 and is expected to dominate the market during the forecast period. The adoption of advanced ECG machines is hindered by uncertainties in healthcare reimbursement policies and competition from alternative technologies. Innovation in ECG technology increases the demand for the market by focusing on portability with compact designs, wireless connectivity, etc.
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