Acumen Research and Consulting recently published report titled “ECG Devices Market Share, Analysis Report and Region Forecast, 2022 - 2030”
LOS ANGELES, Sept. 14, 2022 (GLOBE NEWSWIRE) -- LOS ANGELES, September 15, 2022 (GLOBE NEWSWIRE) – The Global ECG Devices Market Size accounted for USD 5,284 Million in 2021 and is estimated to garner a market size of USD 8,611 Million by 2030 rising at a CAGR of 5.6% from 2022 to 2030.
ECG Devices Market Report Key Highlights
Global ECG devices market value was USD 5,284 Million in 2021 and expected to grow at CAGR of 5.6% from 2022 to 2030
As per WHO report, approximately 18 million people deceased due to CVD
North America ECG devices market occupied over 35% market share in coming years
Asia-Pacific ECG devices market to rise with fastest CAGR over the projected years from 2022 to 2030
Among product type, monitoring ECG systems occupied over 70% of the overall market share in 2021
Request For Free Sample Report @ https://www.acumenresearchandconsulting.com/request-sample/2385
ECG Devices Market Forecast 2030
ECG Devices Market CAGR During 2022 - 2030
ECG Devices Market Analysis Period
ECG Devices Market Base Year
ECG Devices Market Forecast Data
By Product Type, By End-User, And By Geography
ECG Devices Market Regional Scope
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Aerotel Medical Systems Ltd, AliveCor Inc., BPL Medical Technologies, Cardiocity Limited, CardioComm Solutions Inc., GE Healthcare, iRhythm Technologies Inc., MediBioSense Ltd, Medtronic PLC, and Nihon Kohden Corporation.
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis
The electrical signals produced by the heart are recorded by an electrocardiogram (ECG or EKG), which is particularly useful for monitoring various heart activities. To help patients receive the proper treatment, this device is used to diagnose various heart diseases and arrhythmias in patients. The procedure to identify heart abnormality patterns is non-invasive and painless.
The growing geriatric population and growing prevalence of cardiovascular diseases (CVD) necessitating long-term ECG monitoring are driving the ECG devices market share. Rapid technological breakthroughs in remote monitoring technologies, as well as favorable monitoring device policies, are supporting market value. The availability of low-cost and effective wireless ECG devices has boosted wireless ECG adoption. Because of their convenience, ease of use, and non-invasive nature, portable mobile ECG devices are gaining traction in the market. Furthermore, increasing disposable income in emerging markets has prompted people to increase their investment in healthcare solutions, propelling the ECG devices market value even higher.
Check the detailed table of contents of the report @
https://www.acumenresearchandconsulting.com/table-of-content/ecg-devices-market
The ECG devices market is segmented based on product type, end-user, and regions. The market is divided into two product types: monitoring ECG systems and diagnostic ECG systems, which include Holter ECG systems, rest ECG systems, and stress ECG systems,. Market segments by end-user include hospitals, ambulatory surgical centres, clinics, and others.
Monitoring ECG systems segment leads the ECG devices Market by product type in 2021, with the highest revenue share (%). Remote data monitoring, continuous cardiovascular monitoring systems, and event monitoring, are the three types of monitoring ECG systems. The factor driving the segmental market value is the decreasing cost of wireless technologies while concurrently increasing the occurrences of cardiovascular diseases where tracking of heart activities is important. The increasing adoption for home ECG devices is increasing the value of the segmental market.
ECG Devices Market Regional Outlook
The global ECG devices industry is divided into five regions: North America, Asia-Pacific, Europe, Latin America, and the Middle East & Africa (MEA). In 2021, North America accounted for the lion's share (%) of the global ECG device market. The existence of significant players in the regional market such as AliveCor Inc., CardioComm Solutions Inc., GE Healthcare, and iRhythm Technologies Inc. are adding to the regional market value. The rapidly growing geriatric population, and also rising cardiovascular disease incidences, is driving up regional market value. Furthermore, the presence of advanced healthcare infrastructure in the United States and Canada contributes to the regional market value.
Aside from these, the Asia Pacific region is expected to grow at the fastest rate, with a significant CAGR (%) from 2022 to 2030. The factors supporting the regional market value are developing healthcare infrastructure, emerging economies, increased spending on healthcare solutions coupled with increasing disposable income, favorable government policies, and increased investment by market players in the region to capitalize on available opportunities. The region's developing economies, including China and India, are contributing to the regional market value.
Buy this premium research report –
https://www.acumenresearchandconsulting.com/buy-now/0/2385
Some of the leading ECG devices companies operating in the industry include Aerotel Medical Systems Ltd, AliveCor Inc., BPL Medical Technologies, Cardiocity Limited, CardioComm Solutions Inc., GE Healthcare, iRhythm Technologies Inc., MediBioSense Ltd, Medtronic PLC, and Nihon Kohden Corporation. To strengthen their position in the ECG devices industry, ECG device companies have declared strategic mergers and acquisitions, collaborations and partnerships, and new product development. Major players are also expanding into new markets with advanced technologies in order to gain a competitive advantage.
Some of the Key Observations Regarding ECG Devices Industry Include
In 2020, LifeSignals Group will receive FDA 510(k) clearance for its ECG Remote Monitoring Patch Platform. The ECG Remote Monitoring Patch Platform is a wireless remote monitoring system used by healthcare professionals in ambulatory, hospital, and home settings. The new platform collects data that is wirelessly transmitted to a remote server for storage and analysis.
In 2020, the Electronics and Telecommunications Research Institute (ETRI) and a midsize medical device company collaborated to develop a monitoring system that includes a biometric signal measuring device (VDR-1000) and a patient monitoring device (VMA-1000). The VDR-1000 collects and transmits data from the patient's electrocardiogram (ECG), pulse wave, pulse, respiration, and blood pressure to the VMA-1000, allowing healthcare providers to monitor the condition of COvid-19 infected patients in real time.
GS Elektromedizinische Geraete G. Stemple GmbH and VectraCor Inc. announced an agreement in 2020, specifically to incorporate VectraCor's cloud-based version of VectraCor's derived 22-Lead ECG and Cardiac Electrical Biomarker technology into corpuls defibrillators.
Withings, a French consumer electronics company, announced a $60 million Series B funding round in 2020, co-led by Gilde Healthcare, Idinvest Partners, and Bpi France, as well as BNP Paribas Développement, ODDO BHF, and Adelie Capital, through their Large Venture funds.
In the United States, Philips has launched a remote monitoring and defibrillator solution (Tempus ALS) for pre-hospital settings. The FDA has granted the company 510(k) clearance for its pre-hospital wireless monitoring solution (Tempus LS- Manual). The software platform, among other things, allows for the secure, real-time transfer of clinical data and events, interactive ECG measurement, and two-way communication.
Questions Answered By This Report
What was the market size of ECG Devices Market in 2021?
What will be the CAGR of ECG Devices Market during the forecast period from 2022 to 2030?
Who are the major players in Global ECG Devices Market?
Which region held the largest share in ECG Devices Market in 2021?
What are the key market drivers of ECG Devices Market?
Who is the largest end user ECG Devices Market?
What will be the ECG Devices Market value in 2030?
Browse More Research Topic on Medical Device Related:
The Global Capnography Devices Market Size accounted for USD 513 Million in 2021 and is estimated to achieve a market size of USD 1,134 Million By 2030 growing at a CAGR of 9.3% from 2022 to 2030.
The Global Connected Medical Devices Market accounted for USD 31.2 Billion in 2021 and is expected to reach USD 181.9 Billion by 2030 with a considerable CAGR of 22.1% during the forecast timeframe of 2022 to 2030.
The Global Lacrimal Devices Market accounted for USD 137 Million in 2020 and is expected to reach USD 185 Million by 2028 with a considerable CAGR of 3.9% during the forecast timeframe of 2021 to 2028.
About Acumen Research and Consulting:
Acumen Research and Consulting is a global provider of market intelligence and consulting services to information technology, investment, telecommunication, manufacturing, and consumer technology markets. ARC helps investment communities, IT professionals, and business executives to make fact-based decisions on technology purchases and develop firm growth strategies to sustain market competition. With the team size of 100+ Analysts and collective industry experience of more than 200 years, Acumen Research and Consulting assures to deliver a combination of industry knowledge along with global and country level expertise.
For Latest Update Follow Us on Twitter and, LinkedIn
There are no reasons to be thankful for high inflation. However, unexpected -- but not necessarily unfortunate -- consequences of this year's persistently high inflation rate will be...
KEY WORDS “I think we’re giving Powell too much praise. … The last two years are one of the biggest policy mistakes in the 110-year history of the Fed by staying so easy when everything was booming.
Dividends can be used to create passive income in an investment portfolio or grow wealth over the long term through reinvestment. Knowing how to live off dividends may be central to your retirement planning strategy if you want to avoid … Continue reading → The post How Much Do You Need to Live Off Dividends? appeared first on SmartAsset Blog.
Goldman finally decided to stop fighting the Fed and no longer sees the index finishing the year at 4300.
Homeowners beware. But don't panic, either.
The shipping company has developed a reputation as one of the best dividend stocks around
Federal Reserve officials have a busy week of speeches ahead. Investors are desperate for more information on the future of rates.
Yes, there's a lot of economic concerns, but this is a buying opportunity (and things aren't nearly as bad as they seem).
Warren Buffett’s long-term investment strategy has proven to be successful through virtually all market conditions over the past several decades – recession, high inflation and deflation. If there’s one thing that’s made Buffett one of the most successful investors in history, it’s his commitment to his strategy. A countless number of new investment techniques and algorithms have come and gone over the years, but Buffett has maintained his relatively simple strategy of picking solid companies an
The parent company of Google and Youtube is preparing for a sharp deterioration in the health of the economy.
Market forces rained on the parade of Novavax, Inc. ( NASDAQ:NVAX ) shareholders today, when the analysts downgraded...
Today, with the stock market in meltdown mode, it’s natural to look back at other times of financial woe. The market environment in the 1970s can be particularly instructive.
The iconic automaker will report weak results this quarter, but Ford stock still looks as attractive as ever.
Sales have taken hits due to changes in crypto mining, U.S. legislation, and broad shifts in consumer spending.
A soaring U.S. dollar is wreaking havoc in markets. Analysts say it will be hard for stocks to find their footing until the currency cools down.
AT&T has been crushed this year, down more than 40% from its high. But now the stock nears a key area on the charts with a 7% dividend yield.
Investing for the long term is the best way to grow your wealth. And these three stocks can help you do it.
The world’s largest cryptocurrency is down. But not out.
The bear market is poised for a new leg down as selling intensifies. Apple, Eli Lilly are stocks showing relative strength.
Institutional ownership of single-family homes has been a controversial topic over the past year. Investors purchased a record-high number of rental properties while many would-be homeowners were priced out of the market. The largest owner of this asset class in the U.S. is Invitation Homes Inc. (NYSE: INVH), a real estate investment trust (REIT) with a portfolio of about 83,000 single-family rental homes as of the end of the first quarter this year. The company’s portfolio is mainly made up of