(PharmaNewsWire.Com, July 04, 2017 ) According to the report Global Diagnostic Electro Cardiographs Market, published by Market Data Forecast, the global market is projected to reach USD 5766.1 million by 2021, at a CAGR of 6.1% from 2015 to 2020. Diagnostic Electrocardiograph is a device used to record electrical activity of the heart by placing electrodes on a persons body. The demand for ECG equipment is growing continuously and the advancements in technology provide greater opportunity for new products. Although successful products are existing in the market, scope of development is left behind which can be fulfilled by bringing in new ideas and technologies.
Global Diagnostic Electro Cardiographs Market: Drivers & Restraints Technological advancements in communication, low power circuit design for safer ECG devices along with portability features, lower power consumption more accuracy and capacity to incorporate latest diagnostic features are the major factors driving the growth of the market. Increasing aging population and growing incidence of lifestyle diseases are also fuelling the growth of Global Diagnostic Electrocardiographs market. However unstable reimbursement regulations, high cost of devices and economic instability are the major factors hindering the growth of the market.
Global Diagnostic Electro Cardiographs Market: Segmentation By Product Type Resting ECG Systems Stress ECG Systems Holter Monitors By Lead Type Single-Lead Type ECG Devices 3-6 Lead Type ECG Devices 12-Lead Type ECG Devices Other Lead Type ECG Devices By End User Hospitals Home/Ambulatory Care research centres Diagnostic Centres Rehabilitation Centres Clinics Physician Offices Surgical Centres
Global Diagnostic Electro Cardiographs Market: Overview The resting ECG devices segment accounted for the largest share owing to increasing aging population and growing incidence of cardiovascular diseases. Holter diagnostic ECG device is estimated to be the fastest growing segment due to technological advancements, which have brought down the prices of these devices.
Global Diagnostic Electro Cardiographs Market: Region-wise Outlook On the basis of geography global market for diagnostic electrographs is analyzed under various regions namely North America, Europe, Asia-pacific, Latin America and Middle-East and Africa. North America is the largest market for diagnostic electrocardiographs market due to innovations in technology and wide spread awareness about the advantages of electrocardiographs. Asia-Pacific is estimated to be the fastest growing region due to its high patient base and growing healthcare expenditure.
Key Questions Answered What will be the market growth till 2021 and what will be the resultant market forecast in the year? What was the market size from 2016 to 2021 ? What is the current and future Diagnostic Electro Cardiographs Market outlook in worldwide? What trends are affecting the Global market? What is the competitive landscape and market share of major players in the Diagnostic Electro Cardiographs space in global? What are the key, high growth markets that Diagnostic Electro Cardiographs manufacturers should expand into? Which market segments are growing the fastest? What are the unmet needs with the Diagnostic Electro Cardiographs currently on the market? How will emerging technologies fulfil these unmet needs? What is physician perception and market outlook of Diagnostic Electro Cardiographs? What are the challenges and barriers that have hindered widespread adoption of Diagnostic Electro Cardiographs?
Global Diagnostic Electro Cardiographs Market: Key Players Some of the major companies covered in the report are BPL Ltd, Cardiac Science Corp, Fukuda Denshi Co., Ltd, GE Healthcare, Medtronic, Inc, Philips Healthcare, Spacelabs Healthcare, Inc, Mortara Instrument, Inc, Midmark Corp, Mindray Medical International Ltd, Nihon Kohden Corp, Scottcare Corp, Schiller Ag, Welch Allyn Inc and Cardionet
Reasons to buy Global Diagnostic Electro Cardiographs Market Report: Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porters Five Forces Analyses A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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