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Market Size u2013 USD 9.43 Billion in 2022, Market Growth u2013 at a CAGR of 3.9%, Market Trends u2013 Increasing investments in Research and Development (R&D) activities
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Diagnostic Electrocardiograph Market Size Worth USD 13.96 Billion in 2032 www.emergenresearch.com Market Size – USD 9.43 Billion in 2022, Market Growth – at a CAGR of 3.9%, Market Trends – Increasing investments in Research and Development (R&D) activities
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Market Summary The global diagnostic Electrocardiograph (ECG) market size reached USD 9.43 Billion in 2022 and is expected to register a revenue CAGR of 3.9% during the forecast period, according to the latest analysis by Emergen Research. Increasing prevalence of strokes and heart-related disorders is a key factor driving revenue growth of the market. According to the Centre for Disease Control and Prevention (CDC), stroke accounted for one in every six fatalities from cardiovascular disease in 2020. Every year, around 795,000 people in the U.S. suffer from a stroke. Approximately 610,000 are first or new strokes. The CDC and its partners are leading national initiatives and programs to reduce stroke-related mortality and disability rates and to assist women in living longer, healthier lives. For instance, the Million Hearts effort, which is co-led by the CDC and the Centres for Medicare & Medicaid Services, collaborates with other federal agencies and private-sector partners to raise awareness of heart disease and stroke, as well as to prevent heart attacks and strokes. However, regulatory challenges and delay in getting approvals could restrain revenue growth of the market. The U.S. Food and Drug Administration (DFDA) has strict regulations for ECG to ensure their safety and effectiveness. The regulatory tests and guidelines for diagnostic ECG equipment are extremely varied. The description of the device, performance testing, in-vitro safety testing, labeling, and other legal requirements are some of these. Manufacturers find it challenging to introduce new items to the market due to strict product approval procedures and safety restrictions. These factors could hamper revenue growth of the market to some extent. www.emergenresearch.com
Market Summary • Some Key Highlights From the Report • The product segment accounted for largest revenue share in the global diagnostic electrocardiograph market in 2022. Increasing prevalence of cardiovascular disorders and technological developments in diagnostic ECG are key factors driving revenue growth of the segment. The heart's rhythm is captured by a tiny, wearable device called a Holter monitor. It is used to identify or estimate the likelihood of heart arrhythmias. If a conventional Electrocardiogram (ECG or EKG) doesn't reveal enough information regarding the state of the heart, a Holter monitor test may be performed. An event recorder, a longer-term monitor, may be required if the irregular heartbeats happen infrequently. • The 3-Lead segment accounted for largest revenue share in 2022. The dynamic 3-lead ECG is typically used to find cardiac anomalies such arrhythmic and ischemic anomalies. Simple resting ECGs, which typically last a few tens of seconds and can be performed for only a few minutes, are unable to identify these anomalies because of their irregular occurrence. • Request Free Sample Copy@ https://www.emergenresearch.com/request-sample/1923 www.emergenresearch.com
Market Summary • Emergen Research has segmented the global diagnostic electrocardiography market on the basis of product and services, lead type, end-use, and region: • Product and Services Outlook (Revenue, USD Billion; 2019-2032) • Product • Resting ECG Devices • Stress ECG Devices • Holter Monitors • Implantable Loop Recorders • Lead Type Outlook (Revenue, USD Billion; 2019-2032) • 12-Lead • 5-Lead • 3-Lead • 6-Lead • Read More@ https://www.emergenresearch.com/industry-report/diagnostic-electrocardiograph-market
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