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Global Market Study on ECG Devices: Increasing Incidences of Cardiovascular Diseases to Boost the Demand for ECG Devices Over the Forecast Period

Report Description

ECG (Electrocardiogram) Device is a device which records the heart activities through electric signals and is amplified on the ECG monitor. ECG devices are used to diagnose types of heart diseases and arrhythmias in a person’s body, therefore, assist the appropriate therapy. The ECG test is the noninvasive and painless procedure and determines abnormality patterns in heart. There are four different types of ECG device which determine heart activities of the body under certain condition or activities.

Persistence Market Research offers a 7-year forecast of the global ECG device market between 2016 and 2024. In terms of value, the market is expected to register a CAGR of 4.1% during the forecast period. This study demonstrates market dynamics that are expected to influence the current environment and future status of the global ECG market over the forecast period. It includes key trends, drivers, restraints, and opportunities influencing the growth of the global ECG device market over forecast period 2016–2024. Impact analysis of key growth drivers and restraints based on the weighted average model are included in this report to better equip clients with crystal clear decision-making insights

The global ECG device market is segmented on the basis of:

  • By product type
  • By end user
  • By region

On the basis of product type the market is segmented as follows:

  • ECG Resting System
  • ECG Holter Monitoring System
  • ECG Stress Testing System
  • Cardiopulmonary Stress Testing System

ECG Resting System segment is estimated to account for highest revenue share US$ 1,908.9 Mn in 2015 and ECG Holter monitoring System is expected to grow at the highest CAGR during the forecast period 2016-2024.

On the basis of end user the market is segmented as follows;

  • Hospitals
  • Diagnostic centre
  • Clinics
  • Ambulatory surgical centre

The hospitals segment is expected to witness the highest growth at a CAGR of 4.4% during the forecast period.

On the basis of region/country the market is segmented as follows:

  • North America
    • U.S.
    • Canada
  • Latin America
    • Argentina
    • Brazil
    • Mexico
    • Rest of Latin America
  • Europe
    • France
    • Germany
    • Italy
    • Spain
    • U.K.
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia & New Zealand
    • Rest of APAC
  • Middle East & Africa
    • GCC countries
    • South Africa
    • Rest of MEA

North America and APAC markets are estimated to account for 34.9 % and 27.2% revenue share in 2015 and are expected to dominate the market over the forecast period.

Key features of this report

  • Drivers and restraints
  • Latest product innovations and key developments in the market
  • Analysis of business strategies of top players
  • Holter monitoring systems market estimates and forecast

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