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 ECG Equipment & Management System Market: https://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: https://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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