Global Ecg Equipment Market Share, Size, Growth, Analysis, Trends & Forecast to 2022: Credence Research

According to the latest publication by Credence Research, Inc. “Global ECG Equipment Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 - 2022,” the ECG equipment market was valued at USD 4055 Mn in 2015, and is expected to reach USD 6120 Mn by 2022, expanding at a CAGR of 6.1% from 2015 to 2022.

Browse the full report Global ECG Equipment Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2022 report at http://www.credenceresearch.com/report/ecg-equipment-market

Market Insights

Innovative advancement in communication technologies and low power circuit plan have empowered the development of better and more secure ECG equipment, which are convenient, work with lower force utilization, more exact, and have the ability to incorporate the latest diagnostic features. Innovative developments such as, cloud storage, wireless communications and advanced data analytics tools are creating huge opportunities in the ECG equipment market. ECG with its advanced features to incorporate ECG record to the patient's electronic medicinal record (EMR) enables hospital’s workflow to be effectively streamlined. EMR helps in remotely securing the ECG information which can be used further for analysis. Rising incidence of cardiovascular disease has required continuous checking of heart patients, which substantially enhances the demand for cardiac monitoring equipment and associated supplies.

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The global ECG market is expected to reach $ 6120 million by 2015 at a CAGR of 6.1%. The North American segment accounts for nearly 44% percent of the global market value in 2015 followed by APAC. Also Asia-Pacific is the fastest growing region with a CAGR of 6.6% during 2015-2022. With the development of better and safer, portable, power efficient ECG devices that are more accurate, the market will be witnessing growth in...