U.S. ECG Equipment Market Registering A 5.7% CAGR During The Forecast Period, 2019-2026

13/mar/2019 11:19:46 Market Research Reports Contatta l'autore

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March 13, 2019:  The US  ECG equipment  is expected to reach USD 2.8 billion by 2026, based on a new report by Grand View Research, Inc., registering at 5.7% CAGR during the forecast period. Rise in the prevalence of cardiovascular diseases in the country, the use of monitoring devices, and technological advancements in key factors driving the US electrocardiograph device market.

Increase in investment by market players and the US government for the development and commercialization of easy-to-use equipment is also likely to drive the market. For instance, in September 2017, the US FDA approved an app-driven, easy-to-clean, and fully reusable ECG device manufactured by NimbleHeart. The device can be wrapped around a user's torso and used without electrolytic gels and adhesives. Hence, it can be cleaned easily, thereby making the product ideal for multi-patient use.

In May 2018, Preventice Solutions launched BodyGuardian Mini, a reusable long-term and smallest Holter technology for cardiac monitoring. The new technology includes an ultra-small cardiac monitor that can measure ECG up to 14 days and can transfer data to a physician in an easy-to-read report. Hence, launch of such technologically advanced products to address the needs of physicians and patients to boost market growth in the coming years.

The "US ECG Equipment Market" report is available now at  https://www.radiantinsights.com/research/us-ecg-equipment-market 

Further key findings from the study suggest: 

• Rising incidence of cardiac diseases and growing population is expected to lead to growth in the coming years

• By type, the resting ECG system segment accounted for the largest share in the market and is expected to witness significant growth during the forecast period. High penetration in large hospitals

• The Holter monitor is a report on the fastest growing of the devices, cost-effectiveness, and ability to record heart's electrical activity for longer duration

• By end use, hospitals accounted for the largest share in 2018 as majority of patients rely on hospitals than other healthcare facilities

• Based on geography, the south region accounted for the dominant share in 2018 and is expected to maintain its lead throughout the forecast period

Request to Free Sample Copy of US ECG Equipment Market Report @  https://www.radiantinsights.com/research/us-ecg-equipment-market/request-sample 

• Advances in medical technology and availability of portable ECG devices. This is expected to drive demand for ambulatory care centers during the forecasts period

• Some of the key players are BioTelemetry, Inc .; CardioComm Solutions, Inc .; Compumed Inc .; GE Healthcare; Mindray Medical; Hill Rom; NIHON KOHDEN CORPORATION; Philips Healthcare; Schiller AG; Spacelabs Healthcare; Welch Allyn; and McKesson Corporation.

 

 

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