ECG Telemetry Devices Market to Observe Opportunities Due to Elevated Healthcare Infrastructure by 2028

According to our new research study on "ECG Telemetry Devices Market Forecast to 2027 - COVID-19 Impact and Global Analysis - by Product and End User," the market is expected to reach US$ 3,783.48 million by 2028 from US$ 2,087.66 million in 2020; it is estimated to grow at a CAGR of 7.8% from 2021 to 2028. The report highlights trends prevailing in the ECG telemetry devices market and factors driving its growth. The growth of the market is mainly attributed to the factors such as the increase in cardiovascular disease incidence and surge in geriatric population. However, the high cost and disadvantages of ECG telemetry devices restrain the market growth.

ECG device monitors and records electrical activity of the heart. ECG picks up electrical impulses generated by the polarization and depolarization of cardiac tissue and translate them into a wave form. This helps physician or cardiologist to diagnose cardiac abnormalities and measure the size and position of chambers.

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Some of the Major Market Players Are:
Cardiac Science Corporation, CompuMed Inc., GE Healthcare Inc., Medtronic Inc., Mindray Medical International Ltd., Nihon Kohden Corporation, Philips Healthcare, ScottCare Corporation, Dragger, and Welch Allyn Inc. are among the leading companies operating in the ECG telemetry devices market.

The report segments the ECG telemetry devices market as follows:
By Product
• Resting ECG Devices
• Stress ECG Devices
• Others
By End User
• Home Healthcare
• Hospitals

The world has been witnessing notable developments in mobile health (mHealth) from the last decade, which is offering physicians and patients new approaches to manage many diseases, including atrial arrhythmias, ventricular arrhythmias, ventricular, atrial fibrillation. The growing prevalence of arrhythmia and other cardiovascular diseases (CVDs) is triggering the need for improved diagnostic methods. ECG telemetry systems are the most effective instruments used for detecting arrhythmias.

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The report analyses factors affecting the ECG Telemetry Devices Market from further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the ECG Telemetry Devices Market in these regions.

Moreover, the report entails the estimate and analysis for the ECG Telemetry Devices Market on a global as well as regional level. The study provides historical data as well as the trending features and future predictions of the market growth. Further, the report encompasses drivers and restraints for the ECG Telemetry Devices Market growth along with its impact on the overall market development. In addition, the report provides an analysis of the accessible avenues in the market on a global level.

REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global ECG Telemetry Devices Market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2028 with respect to five major regions. The ECG Telemetry Devices Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

Promising Regions & Countries Mentioned in The ECG Telemetry Devices Market Report:
• North America
• Europe
• Asia-Pacific
• Latin America
• The Middle East & Africa

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

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Major Features of ECG Telemetry Devices Market Report:
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global ECG Telemetry Devices market.
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the global ECG Telemetry Devices market, thereby allowing players across the value chain to develop effective long-term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

This release was published on openPR.