The Factors such as the increasing geriatric population and rising incidence of lifestyle & cardiovascular diseases are expected to propel the growth of the market.
According to the new market research report Diagnostic Electrocardiograph Market is expected to reach $10.3 billion by 2024, at a CAGR of 6.4% during the forecast period.
The 3-lead segment is expected to grow at the highest CAGR during the forecast period. By lead type, the diagnostic ECG market is divided into 12-lead, 5-lead, 3-lead, 6-lead, single-lead, and other lead types (15- and 18-lead). This positive growth is primarily due to the fact that these leads are used conjointly with various other cardiac diagnostic tests and during medical procedures.
The Diagnostic Electrocardiograph (ECG) Market is dominated by players such as GE Healthcare (US), Nihon Kohden (Japan), Philips Healthcare (Netherlands), Hill-Rom Holdings (US), and Ambu (Denmark).
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