An increasing number of patients suffering from cardiovascular diseases (CVD), increasing demand for ECG machines, and changing lifestyles of the people are the major factors that are expected to drive the growth of the Electrocardiograph (ECG) industry during the forecast period of 2020-2030.

The Electrocardiograph (ECG) Market is expected to witness a CAGR of around 4.60% from 2020-2030, as per a new report published by Next Move Strategy Consulting.

Electrocardiograph machines are the medical devices used in the measurement of the blood pressure of the patient. ECG Leadwires are attached to the electrocardiograph machines to give the representation of the heart's electrical activity from electrodes on the body surface

According to the report, during the last few years, there is a significant increase in the prevalence of cardiovascular diseases. High blood pressure is one of the most major complications to people across the globe. According to the WHO, over 60% of the total global population is suffering from acute or chronic blood pressure disease. An increasing number of patients suffering from cardiovascular diseases (CVD), increasing demand for electrocardiograph (ECG) machines, and changing lifestyles of the people have driven the growth of the electrocardiograph market. Rapid changes in the lifestyle which is resulting into lifestyle diseases is one of the recently observed electrocardiograph (ECG) market trends. Diabetes and obesity are the major cause of CVD. According to the WHO, over 422 million people across the globe were suffering from diabetes. Increasing diabetic and obese population, adoption of the deskbound lifestyle and increasing government support for introducing advanced devices has supported the growth of the electrocardiograph (ECG) market.

On the basis of products, market is segmented into resting ECG, stress ECG, and halter monitors. The resting ECG devices dominate the global electrocardiograph (ECG) market size in terms of revenue owing to the continuously increasing demand for the resting EGC from hospital, clinics and others. On the other hand, halter monitors is expected to have a fastest growth owing to the increasing consumption of the devices being various advantages over traditional devices.

By lead type, the market is segmented into single lead, 3-6 type, 12 lead type, and other lead. 3-6 type holds the major share in the electrocardiograph (ECG) market and is expected to show significant growth during the forecasted period. High efficiency rate of these devices with low cost has led to holding the major ECG market size.

On the basis end use, the market is segmented into Hospitals & Clinics, Home Settings & Ambulatory Surgical Centers (ASCs), and Others. The hospital holds the major electrocardiograph (ECG) market share in owing to rising the number of hospitals and clinics across the floe and the high expenditure budgets of the hospital.

According to the report, some of the key players in the Electrocardiograph (ECG) market are Spacelabs Healthcare Inc., Cardionet Inc., AMEDTEC Medizintechnik Aue GmbH, Bionet, Cardiac Science, Midmark Corporation, Welch Allyn, Compumed Inc., and BPL Medical Technologies

Browse key industry insights spread across 192 pages with 231 market data tables & 30 figures & charts from the report in detail along with the table of contents: Electrocardiograph (ECG) Market Size By Product (Resting ECG, Stress ECG, and Halter Monitors), By lead type (Single Lead, 3-6 Lead, and 12-Lead), By end users (Hospitals & Clinics, Home Settings & Ambulatory Surgical Centers (ASCs), and Others), Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020–2030

Key Insights from the Electrocardiograph (ECG) Market Report:

• Halter monitors are expected to have the fastest growth owing to the increasing consumption of the devices being various advantages over traditional devices
• 3-6 type holds the major share in the electrocardiograph market owing to the high-efficiency rate of these devices with low cost have driven the growth of the segment.
• The prominent players in the ECG market are Spacelabs Healthcare Inc., Cardionet Inc., AMEDTEC Medizintechnik Aue GmbH, Bionet, Cardiac Science, Midmark Corporation, Welch Allyn, Compumed Inc., and BPL Medical Technologies.

The report Electrocardiograph (ECG) Market – Segmented by Vector, Therapy and Geography.

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