June 10, 2021
According to the research literature titled ‘ECG Monitoring Equipment Market Insights, Competitive Landscape and Market Forecast-2026’, available with Market Study Report LLC, global ECG monitoring equipment market is expected to grow considerably over the forecast period 2018-2026.
As per the report findings, increasing prevalence of cardiovascular diseases and subsequent rise in demand for constant monitoring and support solutions in hospitals to ensure patient safety are catalyzing global ECG monitoring equipment market growth.
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On the contrary, inaccuracy of wearable ECG products and lack of detailed data output by handheld by ECG are negatively impacting the business dynamics.
For those unfamiliar, an electrocardiogram (ECG) records the electrical signal from the heart to identify various heart conditions. This device acts an important test for myocardial ischemia and infarction diagnosis, heart rhythm perception, defects of the conduction system, long QT syndromes, preexcitation, atrial abnormalities, ventricular hypertrophy, pericarditis, and other disorders.
Apart from the growth drivers, restraints, and opportunities, the report makes a detailed account of other quantitative and qualitative data influencing the market as well as the sub-markets.
Based on product terrain, global ECG monitoring equipment market is fragmented into stress ECG systems, resting ECG systems, and holter monitors. In terms of type, the industry is fragmented into 12 lead, 3-6 lead, and single lead. Speaking of end user segmentation, home, hospitals, and ambulatory care are the major segments covered in the research literature.
Considering the geographical bifurcation, key contributors to global ECG monitoring equipment market remuneration are United States, United Kingdom, France, Italy, Spain, and Japan.
With respect to the landscape, GE Healthcare, Schiller AG, Koninklijke Philips N.V., Nihon Kohden Corp., CardioComm Solutions Inc., BioTelemetry Inc., Johnson & Johnson, CompuMed Inc., Hill-Rom Holdings, Inc., Mindray Medical International Ltd., Spacelabs Healthcare, Drägerwerk AG & Co. KGaA, McKesson Corp., Meditech Equipment Co. Ltd., Medical Econet GmbH, and Zoll Medical Corp. are the leading players influencing the global ECG monitoring equipment market trends
The report scrutinizes the listed companies in terms of their financial status, product/service portfolio, and strategic undertakings. Further, it also sheds light on emerging entrants and newcomers in the industry.