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Global Single-Lead ECG Monitors Market to Grow at 9.9% CAGR to Reach US$ 730 Mn by 2025

Press release Description

Albany, New York, April 24, 2018: A new research study titled “Global Market Study on Single-Lead ECG Monitors: Tachycardia Application Segment to Expand at a Significant Rate During 2017 – 2025” has been added to the comprehensive repository of Market Research Reports Search Engine (MRRSE). According to the research study, the global single-lead ECG monitors market is likely to grow at a CAGR of 9.9% through 2025, and reach a valuation of nearly US$ 730 Mn by 2025.

The research study offers comprehensive analysis on the drivers, restraints, opportunities, and threats prevailing in the market. An overview on the global healthcare industry is included and the impact of macroeconomic trends on the single-lead ECG monitors landscape is analyzed. The business and product strategies of some of the leading players in the market has also been analyzed in detail in the report.

According to the study, the global single-lead ECG monitors market is witnessing steady growth on account of growing applications in diagnosing a range of diseases. The increase in the prevalence of lifestyle diseases, such as obesity and diabetes has led to increased spending on healthcare, which in turn has fuelled demand for effective diagnostic and monitoring equipment, such as single lead ECG monitors.

The research study offers lucid segment-wise analysis to help readers in understanding the subtle and nuanced factors that are driving the growth of the market. The report has segmented the market on the basis of product type, application, and region. By product type, demand for recording based single-lead ECG monitors is likely to remain significant during the assessment period. In addition, demand for real-time single-lead ECG monitors is also increasing at a brisk pace. The study projects the single-lead ECG monitors to grow at a CAGR of nearly 13% during the forecast period.

By application, demand for single-lead ECG monitors is likely to remain pervasive in the atrial fibrillation segment. This segment is the largest in the global market, and the status quo is likely to remain unchanged during the assessment period. North America is likely to remain the largest market for single-lead ECG monitors during the assessment period. The demand for single-lead ECG monitors is likely to remain concentrated in the US. In addition to North America, Asia Pacific is also likely to emerge as one of the leading markets for single lead ECG monitors during the assessment period.

The business intelligence study also profiles some of the leading companies operating in the market. Some of the key companies operating in the market include DailyCare BioMedical Inc., Shenzhen Creative Industry Co. Ltd., AliveCor Inc., Medtronic Plc., LifeWatch AG, OMRON Healthcare, Lohman Technologies (Cardiac Advancements LLC), iRhythm Technologies Ltd., Reka Health Pte Ltd., Beijing Choice Electronic Tech Co., Ltd (ChoiceMMed), DIMETEK Digital Medical Technologies, Ltd., Cardiac Design Labs, Thermo Fisher Scientific, Inc., Lyfas, Acculi Labs Pvt. Ltd. India,   Vital Connect Inc., Qardio, Inc., ProtoCentral and NUUBO Smart Solutions Technologies, SL.

Browse Full Global Single-Lead ECG Monitors Market Report with TOC :

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