(PharmaNewsWire.Com, February 22, 2024 ) As per Maximize Market research, the Japan ECG Equipment Market was USD 597.21 Million in 2023 and is expected to grow at a CAGR of 8.1 percent over the forecast period to reach USD 1,030.17 Million by 2030.
Japan ECG Equipment Market Report Scope and Research Methodology
The research employs a thorough methodology, encompassing primary and secondary data sources, industry expert insights, and statistical analysis, to provide a detailed overview of the market landscape. Japan ECG Equipment Market Report comprehensively analyzes the current market trends, growth drivers, challenges, and key players in the electrocardiogram equipment sector.
High costs associated with acquiring and maintaining advanced ECG equipment limit the adoption, especially in smaller healthcare facilities. With the increasing use of electronic health records, concerns about the security and privacy of patient data obtained through ECG equipment could be a potential restraint. Due to certain limitations, the widespread adoption of advanced ECG devices is hampering.
Japan ECG Equipment Market Segment Analysis
The Holter Monitors sub-segment dominated the Product type segment with the largest market share of more than 37% in the year 2023. The awareness of arrhythmias and cardiac issues is increasing and hence the demand for Holter monitors is also increasing. The segment is expected to reach a CAGR of 8.3% and is expected to dominate during the forecast period.
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