June 02, 2022 09:30 ET | Source: Transparency Market Research Transparency Market Research
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Wilmington, Delaware, United States, June 02, 2022 (GLOBE NEWSWIRE) -- Demand for ECG devices for assessing and diagnosing cardiovascular diseases (CVDs) has grown steadily worldwide. Advancements in ECG monitoring systems have spurred the product penetration in various healthcare settings including clinics, ambulatory surgical centers (ASCs), and hospitals. The global ECG devices market is projected to advance at CAGR of 7.3% during 2022–2031.
Pressing need to control and prevent CVDs in a rapidly aging populations in several countries are enriching growth opportunities in ECG devices. An in-depth TMR study on growth prospects for ECG devices found that a spate of randomized clinical trials have helped a number of ECG devices manufacturers to capture new revenue streams in ECG devices market. Products equipped with wearable continuous monitoring has opened a new avenue for cardiac monitoring.
Growing popularity of mobile cardiac telemetry (MCT) services rests on the growing awareness of the advantages of advanced ECG devices workflow. Advancements in methods of cardiac monitoring have paved the way to new capabilities of at-home ECG devices. Medtech companies in global market for ECG devices thus are keen on expanding digitally enabled monitoring solutions, increasingly for self-monitoring.
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Key Findings of ECG Devices Market Study
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ECG Devices Market: Key Drivers
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ECG Devices Market: Regional Growth Dynamics
ECG Devices Market: Key Players
Some of the key players in the ECG devices market are Mindray, CompuMed, Inc., SCHILLER AG, Fukuda Denshi Co., Ltd., Koninklijke Philips N.V., Hill-Rom Holdings, Inc., Nihon Kohden Corporation, and GE Healthcare.
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Modernization of healthcare in terms of both infrastructure and services have pushed the healthcare industry to new heights, Stay Updated with Healthcare Research Reports by Transparency Market Research:
Cardiovascular Monitoring and Diagnostic Devices Market: The aging population is increasing the number of people with cardiovascular disease, which is likely to bolster growth of the global cardiovascular monitoring and diagnostic devices market.
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Ultrasound Gels Market: Rise in healthcare expenditure, and surge in adoption of therapeutic ultrasound, which needs medical grade gels to treat musculoskeletal injuries are key factors that are projected to drive the ultrasound gels market during the forecast period.
Ambulatory Cardiac Monitoring Devices Market: Rise in demand for prolonged ECG monitoring & self-care management and increase in burden of cardiovascular diseases drive the need of ambulatory cardiac monitoring devices.
Cardiac Holter Monitor Market: Rise in government funding to create awareness about cardiovascular disorders and its prevention, shift of population towards preventive healthcare, and investments in research and development of advanced diagnostic devices are the key drivers in the global cardiac holter monitor market.
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