Market Highlights
The growth of the global diagnostic electrocardiograph (ECG) market can be contributed to the increasing prevalence of cardiovascular diseases, rising geriatric population, and the developing healthcare infrastructure. According to data published by the World Health Organization (WHO), in February 2018, the world’s population over 60 years is expected to double from 12% in 2015 to 22% in 2050.
According to MRFR analysis, Global Diagnostic Electrocardiograph (ECG) Market size is expected to register a CAGR of 6.72% during the forecast period of 2019 to 2025 and reach USD 10,487.24 Million by 2025.
Several market players such as Koninklijke Philips N.V., General Electric Company, and Nihon Kohden Corporation, among others currently dominate the global diagnostic electrocardiograph (ECG) market. The key players are involved in awareness campaigns, mergers, and strategic collaborations to strengthen their market positions. For instance, in May 2018, General Electric Company collaborated with Preventice Solutions, to expand its ECG services and create a more holistic solution for monitoring its ambulatory ECG patients.
Regional Analysis
The market has been divided, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The Americas region held the largest market in 2018, owing to the rising prevalence of cardiovascular diseases in the region. The diagnostic electrocardiograph (ECG) market in the Americas has further been branched into North America and Latin America, with the North American market divided into the US and Canada.
The European diagnostic electrocardiograph (ECG) market has been categorized as Western Europe and Eastern Europe. The Western European market has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe.
Key Players
Some of the Key Players in the Global Diagnostic Electrocardiograph (ECG) Market are General Electric Company (US), Koninklijke Philips N.V. (Netherlands), Nihon Kohden Corporation (Japan), Hillrom Services, Inc. (US), Spacelabs Healthcare (US), Shenzhen Mindray Bio-Medical Electronics Co., Ltd (China), Schiller (Switzerland), ACS Diagnostics (US), BPL Medical Technologies (India), Fukuda Denshi (Japan), BTL (US), Edan Instruments, Inc. (China), Cardioline SpA (Italy), Norav Medical (US), Innomed Medical Inc. (Hungary), and VectraCor, Inc. (US).
https://www.marketresearchfuture.com/reports/diagnostic-electrocardiograph-market-8787