Global Diagnostic Electrocardiograph (ECG) Market: Overview
Electrocardiography (ECG) is a technique for recording the electrical activity of the heartbeat over a span of time. This method is non-invasive. Every heartbeat generates an electrical impulse that is captured with the aid of electrodes rested on the body of a patient. The electrodes sense the tiny electrical alterations on the skin that occur from the depolarizing of the heart muscle during every heartbeat. An ECG provides the user with two types of data. First, by calculating time periods on the ECG, the electrical activity can be determined by a cardiologist to be slow, irregular, or normal. Second, by calculating the sum of electrical activity momentary across the heart muscle, it can be verified whether the parts of the heart are overworked or too large.
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Global Diagnostic Electrocardiograph (ECG) Market: Growth Factors
The various factors responsible for the growth of the global diagnostic electrocardiograph market include rising prevalence of cardiovascular diseases and lifestyle-related diseases, including ischemic heart disease, stroke, peripheral artery, and hypertensive heart disease. In addition, the rising elderly population base, supportive compensation policies, and developing healthcare infrastructure are few other factors that contribute to propelling the market growth. Moreover, constant technological improvements in electrocardiograph devices along with the development of remote monitoring devices are assumed to further drive the market for diagnostic electrocardiograph in the near future.
Global Diagnostic Electrocardiograph (ECG) Market: Segmentation
The global diagnostic electrocardiograph market can be segmented based on lead type, system, end-user, and region. The lead type segment of the market is divided into 12 lead, 3–6 lead, single lead, and others. The system segment of the market is diversified into stress system, rest system, and Holter monitor system. The end-user segment of the diagnostic electrocardiograph market is categorized into home/ambulatory care, hospitals, and others. The hospital segment of the market is sub-segmented into large, medium, and small, whereas the others segment, is sub-divided into diagnostic centers, clinics, research centers, surgical centers rehabilitation centers, and physician offices. Regionally, the diagnostic electrocardiograph market is diversified into Europe, North America, Asia-Pacific, Latin America, and the Middle East & Africa.
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Global Diagnostic Electrocardiograph (ECG) Market: Regional Analysis
North America is anticipated to dominate the diagnostic electrocardiograph market in the coming period due to the rising need for minimally invasive processes, growing number of aging population, and elevated per-capita income. Asia-Pacific region is expected to boost in the market in the near future due to the elevated population base, rising expendable income, and advancing healthcare infrastructure.
Global Diagnostic Electrocardiograph (ECG) Market: Competitive Players
The prominent players in the global diagnostic electrocardiograph market include Spacelabs Healthcare, Mindray Medical, Philips Healthcare, GE Healthcare, and Schiller AG. The other major players in the market are Cardionet, Mortara Instrument Inc., Welch Allyn, Compumed Inc., and Nihon Kohden Corporation.
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Global Diagnostic Electrocardiograph (ECG) Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
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