Global “Electrocardiography Devices (ECG) Market” is studied and analyzed with the help of a complete primary and secondary market research. The report provides broad industry data on the Electrocardiography Devices (ECG) market, such as size, forecasted growth, profitability, key players, market share and market trends will give you a high-level overview of Electrocardiography Devices (ECG) market opportunities.
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Electrocardiography Devices (ECG) Market analysts forecast the global Electrocardiography Devices (ECG) market to grow at a CAGR of over 6% during the period 2019-2023.
An electrocardiograph (ECG) is a medical device used to process the electrical signals transmitted through two or more ECG electrodes and generate a visual display of the electrical signals produced by the heart. Our electrocardiography devices (ECG) market analysis considers sales from resting ECG devices, stress ECG test devices, and ambulatory ECG monitoring devices. Our analysis also considers the sales of electrocardiography devices (ECG) in North America, Europe, Asia, and the ROW. In 2018, the resting ECG devices segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as increasing focus on early diagnosis and disease prevention, the rising number of resting ECG procedures, and technological advances will play a significant role in the resting ECG devices segment to maintain its market position. Also, our global electrocardiography devices (ECG) market report also looks at factors such as the increasing prevalence of CVDs, increasing awareness about CVDs, and technological advances. However, high cost of EVG devices, increasing demand for refurbished ECG devices, lack of skilled clinicians with expertise in ECG may hamper the growth of the electrocardiography devices (ECG) industry over the forecast period.
Electrocardiography Devices (ECG) Market Segment by Manufacturers includes:
and many more.
Electrocardiography Devices (ECG) Market Segment by Regions includes: North America (USA, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America, Middle East and Africa.
Market Driver: technological advances Market Trend: emergence of handheld, wireless, and remote monitoring ECG devices Market Challenge: lack of skilled clinicians with expertise in ECG. Technological advances Technological advances have helped in developing ECG devices with reduced size, and enhanced portability and that are easy to use. The new-generation ECG devices incorporate advanced algorithms, which provide high-fidelity data to support better clinical decisions. For example, the VERITAS technology offers high accuracy in real-time ST-segment monitoring, arrhythmia detection, and resting ECG interpretation. The latest ECG devices also incorporate various workflow improvement features, such as simplified step-by-step operation, touch-screen systems, and better connectivity with ECG management systems. Such advances will lead to the expansion of the global electrocardiography devices (ECG) market at a CAGR of over 6% during the forecast period. Emergence of handheld, wireless, and remote monitoring ECG devices Technological advances in sensors now allow recording of electrical impulses from the heart in the absence of conventional ECG machines. Several technologies are now wearable and can monitor and record cardiac impulses for weeks or even months. These devices are increasingly being adopted in out-of-hospital settings. such as in households and public places. HeartScan HCG-801 ECG Monitor, offered by Omron Healthcare, is a portable ECG recorder with finger and chest electrodes and a high-resolution screen that displays the HR, rhythm, and ECG waveform. It is cordless, and there is no need to wear electrodes. This development is expected to have a positive impact on the overall market growth.
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Table of Contents
TOC of Keyword Market ReportPART 01: EXECUTIVE SUMMARY PART 02: SCOPE OF THE REPORT 2.1 Preface 2.2 Preface 2.3 Currency conversion rates for US$ PART 03: MARKET LANDSCAPE Market ecosystem Market characteristics Market segmentation analysis PART 04: MARKET SIZING Market definition Market sizing 2018 Market size and forecast 2018-2023 PART 05: FIVE FORCES ANALYSIS Bargaining power of buyers Bargaining power of suppliers Threat of new entrants Threat of substitutes Threat of rivalry Market condition PART 06: MARKET SEGMENTATION BY PRODUCT Market segmentation by product Comparison by product Resting ECG devices – Market size and forecast 2018-2023 Ambulatory ECG monitoring devices – Market size and forecast 2018-2023 Stress ECG test devices – Market size and forecast 2018-2023 Market opportunity by product PART 07: CUSTOMER LANDSCAPE PART 08: GEOGRAPHIC LANDSCAPE Geographic segmentation Geographic comparison North America – Market size and forecast 2018-2023 Europe – Market size and forecast 2018-2023 Asia – Market size and forecast 2018-2023 ROW – Market size and forecast 2018-2023 Key leading countries Market opportunity PART 09: DECISION FRAMEWORK PART 10: DRIVERS AND CHALLENGES Market drivers Market challenges PART 11: MARKET TRENDS Increasing number of acquisition and strategic collaborations Emergence of handheld, wireless, and remote monitoring ECG devices Focus on emerging countries PART 12: VENDOR LANDSCAPE Overview Landscape disruption PART 13: VENDOR ANALYSIS
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