Electrocardiograph (ECG) Market Analysis: Major Players, Lucrative Segments And Top Geographies
29 Jun, 2023
The global electrocardiograph (ECG) market size is expected to grow from $8.03 billion in 2022 to $8.57 billion in 2023 at a compound annual growth rate (CAGR) of 6.74%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global electrocardiograph (ECG) market size is expected to reach $11.46 billion in 2027 at a CAGR of 7.56%.
Global Electrocardiograph (ECG) Market Key Driver
The increasing prevalence of cardiovascular disorders is projected to drive the electrocardiograph (ECG) industry in the future. Cardiovascular disease refers to a variety of illnesses that affect the heart and blood arteries. Coronary artery disease, heart failure, arrhythmias, and heart valve issues are examples of these disorders. ECGs are used to diagnose, treat, and manage a variety of cardiovascular illnesses. They assist doctors in evaluating the electrical activity of the heart and identifying irregularities that may suggest a heart disease. ECGs are an important element of the diagnostic process for many heart-related conditions, and electrocardiographs will continue to be needed for therapy, supporting market expansion.
Get a sample of the global electrocardiograph (ECG) market reportGlobal Electrocardiograph (ECG) Market Segments
The global electrocardiograph (ECG) market is segmented:
1) By Product: Holter Monitors, Resting Electrocardiograph (ECG), Stress Electrocardiograph (ECG), Event Recorders, Other Products
2) By Technology: Portable ECG Systems, Wireless ECG Systems
3) By Lead Type: Single Lead ECG, 2 Lead ECG, 3 Lead ECG, 6 Lead ECG, 12-Lead ECG
4) By End User: Hospitals And Clinics, Home Settings And Ambulatory Surgical Centers (ASCs), Other End Users
5) By Geography: The regions covered in the electrocardiograph (ECG) market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest share in the global electrocardiograph (ECG) market.
Major Electrocardiograph (ECG) Industry Players
Koninklijke Philips N.V., Nihon Kohden Corporation, Schiller AG, AliveCor Inc., Hill-Rom Services Inc., BPL Medical Technologies, Allengers Medical Systems Limited, OSI Systems Inc., Fukuda Denshi Co. Ltd., Innomed Medical Inc., Mindray Bio-Medical Electronics Co. Ltd., Johnson and Johnson, Mortara Instrument Inc, Medtronic Plc, Mindray Medical International Limited, BioTelemetry, GE HealthCare Technologies Inc.
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Electrocardiograph (ECG) Market Overview
An electrocardiograph (ECG) is a medical device that is used to record the heart's electrical activity over time. It is used to record the heart's electrical activity. The heart’s electrical activity is recorded using small metal electrodes placed on the chest, arms, and legs.
Electrocardiograph (ECG) Global Market Report 2023 provides data on the global electrocardiograph (ECG) market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The electrocardiograph (ECG) market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.