ECG Devices Market Share

  • Report ID: 4241
  • Published Date: May 22, 2024
  • Report Format: PDF, PPT

ECG Devices Market Share

The Asia Pacific  ECG devices market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2036. A growing number of emerging ECG device manufacturers in the region, a large population in countries like India and China, the significant presence of geriatrics, as well as improved healthcare facilities are anticipated to drive the ECG device market in the region. Moreover, the large proportion of the population suffering from cardiovascular diseases is expected to propel the demand for ECG devices in the region. For instance, cardiovascular disease (CVD) was the leading cause of death in Asia Pacific in 2019, accounting for up to 10 million deaths, which is approximately 32% of all deaths in this region.

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ECG Devices Market Size
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Author Credits:  Radhika Pawar

  • Report ID: 4241
  • Published Date: May 22, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Rising prevalence of cardiovascular disease (CVDs) worldwide along with technological advancements in ECG devices are the major factors driving the growth of the ECG devices market.

The market is anticipated to attain a CAGR of ~7% over the forecast period, i.e., 2023-2035.

Insufficient skilled personnel to operate ECG devices and strict regulatory standards for device approval are the challenges affecting the market growth.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are GE Healthcare, SCHILLER, Nihon Kohden Corporation, Ambu A/S,Medtronic, Koninklijke Philips, ACS Diagnostics, Hill-Rom Holdings, BPL Medical Technologies, and BioTelemetry, Inc.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by product and service, lead type, end user, and by region.

The hospitals segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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