ECG Devices Market
Medical Equipment

Global ECG Devices Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends

The Global ECG Devices Market Report by The Business Research Company covers ECG devices market drivers and restraints, ECG devices market size, major players, and the impact of COVID-19 on the ECG devices market.

The ECG devices market consists of sales of ECG devices by entities (organizations, sole traders, and partnerships) that are used to record heart activities through electric signals and are amplified on the ECG monitor. The devices are used to diagnose various types of heart diseases and arrhythmias in a person’s body, therefore, assist the relevant therapy. The ECG devices market consists of revenue generated by the companies manufacturing the ECG devices.

The global ECG devices market is expected to grow from $4.89 billion in 2020 to $5.43 billion in 2021 at a compound annual growth rate (CAGR) of 11.1%. The growth in the ECG devices market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The ECG devices market is expected to reach $7.26 billion in 2025 at a CAGR of 7.5%.

The increasing incidence of cardiovascular diseases is expected to boost the demand for the ECG devices market over the coming years. Cardiovascular disease is one of the most common of all health problems and the leading cause of death globally. To check for various cardiac diseases, an electrocardiogram (ECG or EKG) measures the electrical signal from the heart. Electrodes are set on the chest to record the electrical signals sent by the heart, which cause it to beat.

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Some ECG devices market trends include the launch of advanced ECG devices. Major companies operating in the ECG devices sector are focused on developing technological solutions for ECG devices to strengthen their position.

 

Global ECG devices market segments include:

1) By Product: Monitoring ECG Systems, Diagnostic ECG Systems

2) By Technology: Portable ECG Systems, Wireless ECG Systems

3) By Lead Type: Single Lead ECG, 3-6 Lead ECG, 12-Lead ECG

4) By End User: Hospitals, Homecare Settings, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

 

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The ECG Devices Global Market Report 2021: COVID-19 Growth And Change is one of a series of new reports from The Business Research Company that provides ECG devices market overviews, analyzes and forecasts market size, share, ECG devices market players, ECG devices market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The ECG devices identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

 

Where To Learn More:

Read ECG Devices Global Market Report 2021: COVID-19 Growth And Change from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries

Market Players Covered: GE Healthcare, Koninklijke Philips N.V., Spacelabs Healthcare, CardioNet Inc., Schiller AG, Nihon Kohden Corporation, Medtronic PLC, OSI Systems, Mindray Medical International Limited, Hill-Rom Holdings Inc, BPL Medical Technologies, and Mortara Instrument Inc.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.

Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.

Strategies For Participants In The ECG Devices Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.

Opportunities For Companies In The ECG Devices Sector: The report reveals where the global industry will put on most $ sales up to 2023.

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