The
global ECG equipment and management
market is expected to reach USD 7.63 million by 2025, according to a
new report by Grand View Research, Inc. Increase in geriatric population across
the world coupled with rise in cardiac diseases are likely to drive the market
during the forecast period.
Furthermore,
increase in investment by various market players and government agencies for
development and commercialization of various sensitive and easy-to-use
equipment is likely to drive market growth. For instance, in April 2017,
CardioComm Solutions, Inc. entered into a conglomerate with CareSpan USA Inc.
to incorporate CardioComm's cloud-based ECG analysis tools into CareSpan’s
Virtual Clinic. This would help in remote analysis of 1, 3, and 12 lead ECG
data for online patient care.
In
September 2017, the U.S. FDA approved app-driven, easy-to-clean, and fully
reusable ECG device manufactured by NimbleHeart. The device wraps around user’s
torso and is used without electrolytic gels and adhesive. Hence, the device can
be cleaned easily, thereby, making the product ideal for multipatient use.
Browse full research report on Global ECG Equipment &
Management System Market: http://www.grandviewresearch.com/industry-analysis/ecg-management-systems-market
Further Key Findings
From the Report Suggest:
- Rising
incidence of cardiac diseases and growing geriatric population are
expected to propel the growth of the market with a CAGR of 5.8% from 2017
to 2025
- Resting ECG
system segment accounted for the highest share of the market and is
expected to witness significant growth during the forecast period. This
can be attributed to the availability of several commercial products and
improved clinical accuracy due to advanced data analysis tools to detect
heart related problems.
- Management
system segment is witnessed to be the fastest growing segment in the
forecast period owing to introduction of innovative products such as
mobile access to waveforms, ease of use, and increased efficiency.
- Geographically,
North America was the major contributor in the ECG equipment and
management market in 2016. It is anticipated to maintain its dominance
during the forecast period due to demand for portable monitoring &
diagnostic devices, adoption of new technologies, and product launches.
- The market
in Asia Pacific is likely to witness significant growth over the next
decade owing to increasing investments and entry of key market players in
the region, and growing healthcare expenditure and disposable income, in
major markets, such as Japan and China.
- Some of the
key players are BioTelemetry, Inc.; Compumed Inc.; GE Healthcare; Mindray
Medical; Hill Rom; NIHON KOHDEN CORPORATION; Philips Healthcare; Schiller
AG; Spacelabs Healthcare; Welch Allyn; CardioComm Solutions, Inc.;
McKesson Corporation; Device Technologies; and Meditech.
Browse more reports of this category by
Grand View Research: http://www.grandviewresearch.com/industry/clinical-diagnostics
Grand View Research has
segmented the global ECG equipment and management market on the basis of type
and region:
By Type Outlook
(Revenue, USD Million, 2014 - 2025)
- Holter Monitors
- Resting ECG System
- Stress ECG Monitors
- Event Monitoring Systems
- ECG Management Systems
Regional Outlook
(Revenue, USD Million, 2014 - 2025)
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- Asia Pacific
- Japan
- China
- Central & South America
- Brazil
- Middle East & Africa
- South Africa
About Grand View
Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and fact-based
research across a range of industries, from technology to chemicals, materials
and healthcare.
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