Filter News

Electrocardiograph Market to Reach USD 9.32 Billion by 2028 – Reports and Data

Published: Jul 07, 2021

Rising prevalence of cardiovascular disorders, growing awareness about early diagnosis of heart diseases, and increasing investments in research and development activities are key factors boosting global market growth.

The global electrocardiograph market size is expected to reach USD 9.32 Billion in 2028 and register a CAGR of 5.8%, according to the latest report by Reports and Data. Advancements in the healthcare sector, introduction of portable devices, and increasing adoption of Artificial Intelligence (AI) in medical devices are key factors driving global market revenue growth.

An electrocardiograph (ECG) is an instrument that records electric activity of the heart. Increasing incidence of cardiovascular diseases such as stroke, ischemic heart disease, atrial fibrillation, heart failure, peripheral artery diseases, and other complications and rising need for cardiac monitoring devices is boosting demand for electrocardiographs. Increasing adoption of sedentary lifestyle, increasing geriatric population, unhealthy eating habits, excess consumption of alcohol and availability of advanced EGC devices, and high adoption of ambulatory surgical centers are boosting global market growth. In addition, improving healthcare infrastructure, favorable reimbursement scenario, and increasing healthcare expenditure are also fueling market revenue growth. Favorable government support, improving healthcare facilities, and increasing investments to develop enhanced products are expected to fuel global market growth in the coming years. 

Access Free sample PDF Copy of the Report @ https://www.reportsanddata.com/sample-enquiry-form/1568

Key highlights in the report

  • Among the lead type, the 3-6 lead segment is expected to account for significant revenue growth between 2021 and 2028. Ability of 3-6 lead to rapidly identify injury, low cost, and high-efficiency rate are key factors fueling market growth.
  • Based on device type, the Holter monitor segment is expected to account for steady revenue growth over the forecast period owing to factors such as portability, increasing demand for ambulatory centers, 24-48 hour patient monitoring and high adoption of Holter monitors in these services. 
  • The smart wearable ECG monitors segment is projected to register highest revenue CAGR over the forecast period. Factors such as increasing prevalence of cardiovascular diseases, rising healthcare awareness, increasing need for tracking conditions of the heart, and cost-effectiveness of the product are fueling segment revenue growth. 
  • The hospital segment is projected to account for largest revenue share throughout the forecast period. Increasing prevalence of cardiovascular diseases, well-developed infrastructure, and availability of advanced equipment are booting segment revenue growth. 
  • Electrocardiograph market in North America is expected to account for largest revenue growth during the forecast period. Rising incidence of cardiovascular diseases, well-established healthcare infrastructure, availability of advanced EGC monitoring devices and portable EGC devices, and increasing investments in R&D are key factors fueling market growth. 
  • Asia Pacific is projected to register highest CAGR over the forecast period. Factors such as rising geriatric population, improving healthcare systems, increasing cases of various cardiovascular diseases, and rising per capita income are boosting market revenue growth. 
  • Mortara Instrument, INC., GE Healthcare (General Electric Company), Mindray Medical International Limited, Medtronic, OPTO Circuits Limited, OSI Systems Fukuda Denshi CO LTD, Philips Healthcare (Koninklijke Philips N.V.), Schiller AG, Spacelabs Healthcare and Nihon Kohden Corporation are leading companies operating in the global electrocardiograph market. 

Request for Custom Research @ https://www.reportsanddata.com/request-customization-form/1568

For this study, Reports and Data has segmented the global electrocardiograph market based on device, technology, lead type, application, end-use, and region:

Device Type Outlook (Revenue, USD Billion, 2018 - 2028)

  • Stress ECG
  • Holter Monitors
    • Wireless Holter Monitors
    • Wired Holter Monitors
  • Resting ECG

Technology Type Outlook (Revenue, USD Billion, 2018 - 2028)

  • Automatic Diagnosis and Anatomical Detection
  • Mobile Cardiac outpatient telemetry (MCT/MCOT)
  • Electronic ECG management system
  • Smart Wearable ECG Monitors
  • Artificial Intelligence

Lead type Outlook (Revenue, USD Billion, 2018 - 2028)

  • Single Lead
  • 3-6 Lead
  • 12-Lead

Distribution channel Type Outlook (Revenue, USD Billion, 2018 - 2028)

  • Offline
  • Online

Application Type Outlook (Revenue, USD Billion, 2018 - 2028)

  • Atrial Fibrillation
  • Ventricular Fibrillation
  • Myocardial ischemia
  • Myocardial infarction
  • Hyperkalemia
  • Hypokalemia

Buy now your Exclusive copy of Report @ https://www.reportsanddata.com/checkout-form/1568

End-use Outlook (Revenue, USD Billion, 2018 - 2028)

  • Hospitals
  • Ambulatory Surgical Centers
  • Homecare Settings

 Regional Outlook (Revenue, USD Billion, 2018 - 2028)

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • U.K.
    • France
    • Spain
    • Italy
    • Rest Of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil
    • Rest of LATAM
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • South Africa
    • Rest of MEA

Explore Reports and Data's Prime Analysis of the global Healthcare & Pharmaceutical Industry:

Homogenizers Market Size, Share & Analysis, By Type (Ultrasonic, Pressure, Mechanical), By Valve Technology (Single-valve Assembly, Two-valve Assembly), By Application (Food & Dairy, Cosmetics, Pharmaceuticals, Chemical Processing, Biotechnology), And By Region Forecast To 2028

Azithromycin Market Size, Share & Analysis, By Product (Oral, Injection, Topical Ophthalmic), By End-use (Hospital, Drug Store, Online Pharmacy), and By Region, Forecast To 2028

Compound Houttuynia Market Size, Share & Analysis, By Product Type (Compound Houttuynia Tablets, Compound Houttuynia Mixture, Compound Houttuynia Capsules, Other), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies) and Region, Forecast To 2028

Eye Care Product Market Analysis By Product Type (Ointment, Artificial Tear Drops Etc.), Product Form (Cream, Gel, Solutions Etc.), Availability (Retail, Online And Hospital Pharmacies),And By Application (Single Purpose And Multi-Purpose), Forecasts To 2026

About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

Contact Us:

John W

Head of Business Development

Reports and Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: sales@reportsanddata.com

Read Full Press Release: https://www.reportsanddata.com/press-release/global-electrocardiograph-market

Back to news