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Electrocardiograph Market To Reach USD 8.33 Billion By 2026
Market Summary The rise in the occurrence rate of cardiovascular diseases, increased demand for ambulatory surgical centers, and the rise in geriatric population are some of the factors boosting Electrocardiograph Market. Market Size – USD 5.20 Billion in 2018, Market Growth - CAGR of 5.8%, Market Trends –Expansion of ambulatory surgical centers.
Our Approach Our Approach Market Summary The Global Electrocardiograph Market is forecast to reach USD 8.33 Billion by 2026, according to a new report by Reports and Data. A combination of different factors is propelling the expansion of the market. One of the dominant factors contributing to the development of the market is the increased occurrence rate of cardiovascular diseases and the associated rise in the mortality rate. The severity of the condition can be well- established with the help of the fact that, globally, approximately 18 Million individuals die from cardiovascular diseases every year. Such high mortality rate associated with cardiovascular diseases has resulted in increased investments and rise in funds being allocated by the government in the market and healthcare sector. The elevated investments are encouraging the growth of the market. It is also worth mentioning that, such increased rate of investments is also contributing to the increased R&D activities in the market that results in the technological advancements, which is also positively impacting the growth of the market. Request for a sample of this research report @ https://www.reportsanddata.com/sample-enquiry-form/1568
Our Approach Our Approach Market Summary Further key findings from the report suggest • In the year 2018, the Global Electrocardiograph market held a market share of USD 5.20 Billion, with a growth rate of 5.8% during the forecast period. • The technological advancements being made by key players of the industry like Spacelabs launching latest cardiology information management system is encouraging the growth of the market. Under this information management system, data is collected from a wide range of cardiovascular monitoring devices that increases the application areas of the market. • In regards to Device Type, the Resting ECG segment dominated the market, generating the highest revenue of USD 3.01 Billion in 2018 with the second highest CAGR of 6.0% during the forecast period. The reason for the Resting ECG segment to yield the highest revenue is its applicability in detecting arrhythmias among service users even in resting position, making it appropriate for hospital admissions. • In regards to Technology, Automatic Diagnosis and Anatomical Detection is occupying the largest market share, generating the highest revenue of USD 1.30 Billion in the year 2018, with a growth rate of 5.3% during the forecast period. The generated revenue by this segment is attributed to its extensive incorporation in the healthcare sector. It is widely used in hospitals and other care providing organizations due to advantages like enhancing patient electronic medical record (EMR) and technological developments like web-based access to the ECG system. To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report- detail/electrocardiograph-market
Our Approach Our Approach Market Summary Key participants include Mortara Instrument, INC., GE Healthcare (General Electric Company), Mindray Medical International Limited, Medtronic, OPTO Circuits Limited, OSI Systems Fukuda Denshi CO LTD, Philips Healthcare (Koninklijke Philips N.V.), Schiller AG, Spacelabs Healthcare and Nihon Kohden Corporation. For the purpose of this report, Reports and Data have segmented the Global Electrocardiograph [ECG] Market based on Device Type, Technology, Lead type, Distribution channel, Application and End-user, and Region: Device Type Outlook (Revenue, USD Billion; 2016-2026) Stress ECG Holter Monitors Wireless Holter Monitors Wired Holter Monitors Resting ECG Technology Type Outlook (Revenue, USD Billion; 2016-2026) Automatic Diagnosis and Anatomical Detection Mobile Cardiac outpatient telemetry (MCT/MCOT) Electronic ECG management system Smart Wearable ECG Monitors Artificial Intelligence
Our Approach Our Approach Market Summary Application Type Outlook (Revenue, USD Billion; 2016-2026) Atrial Fibrillation Ventricular Fibrillation Myocardial ischemia Myocardial infarction Hyperkalemia Hypokalemia End-user Outlook (Revenue, USD Billion; 2016-2026) Hospitals Ambulatory Surgical Centers Homecare Settings Order Now: https://www.reportsanddata.com/checkout-form/1568
Our Approach Our Approach About Us About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com