Diagnostic Electrocardiograph (ECG) Market Size in 2023 To 2028 | GE HealthCare (US), Koninklijke Philips N.V. (Netherlands), Nihon Kohden Corporation (Japan), OSI Systems, Inc. (US), Hill-Rom Holdings, Inc. (Baxter International Inc.) (US), Mindray Medic

The research report with top-level information is a key benefit that provides qualitative and quantitative factors of the Diagnostic Electrocardiograph (ECG) market. The Diagnostic Electrocardiograph (ECG) research report highlights full data on the product portfolio of the main players in the market. Landscape survey is a different highly comprehensive part of the research and analysis study of the global market presented in the report. For the historical and forecast Period for the next five years, it delivers broad and exact country-wise volume evaluation and region-wise market size examination of the global market for ECG devices.

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The prominent players in the diagnostic electrocardiogram (ECG) market are GE HealthCare (US), Koninklijke Philips N.V. (Netherlands), Nihon Kohden Corporation (Japan), OSI Systems, Inc. (US), Hill-Rom Holdings, Inc. (Baxter International Inc.) (US), Mindray Medical International Limited (China), SCHILLER AG (Switzerland), Bittium Corporation (Finland), Fukuda Denshi Co., Ltd. (Japan), BPL Medical Technologies Pvt. Ltd. (India), among others.

Each aspect that might prove to be essential for making important decisions in the field of cardiac diagnostics is underlined along with solutions and references from experts in the medical device industry. Certification and study of local and global factors that are and will influence the growth of the market for diagnostic electrocardiographs. The report allows healthcare organizations, clinicians, and medical device manufacturers to make strategic decisions related to ECG technology adoption, patient care, and cardiovascular health, to gain a competitive edge in cardiac diagnostics. The company profiling of present market players is included in this report with an analysis of their expertise in ECG technology and their contributions to the healthcare industry.

The report divides the international Diagnostic Electrocardiograph (ECG) market by application, by region, by type of ECG devices, and by end user. Each segment of the market is examined broadly to deliver trustworthy knowledge for investments in diagnostic electrocardiograph technology. The Diagnostic Electrocardiograph (ECG) research report reveals the current market norms, latest important revolutions of outcomes, and market players in the field of cardiac diagnostics. Hence, this research report will help the clients and organizations in the global market plan their next steps toward efficient and accurate cardiac diagnostics with ECG devices. It additionally discusses the market size and growth aspects of different segments. Studying and analyzing the impact of various factors on the Diagnostic Electrocardiograph (ECG) industry, the report gives an in-depth analysis and expert suggestions on how to make informed decisions in this specialized field. This market research study presents actionable insights with which healthcare providers, clinicians, and medical device manufacturers can develop effective strategies for the diagnostic electrocardiograph sector, contributing to improved cardiac healthcare and patient outcomes.

"The diagnostic electrocardiogram (ECG) market is projected to grow at a CAGR of 6.9% during the forecast period (2023-2028)."

The global diagnostic electrocardiogram (ECG) market is projected to reach USD 11.3 billion by 2028 from USD 8.1 billion in 2023, at a CAGR of 6.9% during the forecast period. The rising prevalence of cardiovascular and lifestyle diseases, growing demand for early cardiac diseases diagnosis , technological advancements in wearable ECG devices, increasing proportion of aging population, increasing healthcare infrastructure and growing geographical presence of diagnostic ECG manufacturers globally.

"Resting ECG Devices segment to dominate diagnostic electrocardiogram (ECG) market during the forecast period."

Based on product type, the diagnostic ECG market is segmented into devices and software & Services . The devices segment is categorized into resting ECG devices, stress ECG devices, Holter monitors, event monitors, implantable loop recorders, mobile cardiac telemetry devices, and smart ECG devices. The resting ECG devices segment captured the largest share of diagnostic ECG market in 2022 attributed to the increasing availability of cost effective resting ECG devices and wider adoption of resting ECG devices in hospital settings.

"12 lead , by lead type , accounted for the largest market share of global diagnostic electrocardiogram (ECG) market in 2022."

Based on lead type, the diagnostic electrocardiogram (ECG) market is segmented into patch type 12-lead, 5-lead, 3-lead, 6-lead, single lead, and other lead types (such as 13 lead, 18- lead). In 2022, the 12-lead segment accounted for the largest share of the diagnostic ECG market. This is mainly attributed to higher clarity obtained by using a larger number of leads; 12-lead ECG devices provide a highly detailed outlook, making it easier to interpret cardiac electrical activity.

"The hospitals, clinics, and cardiac centers to dominate the global electrocardiogram ECG market in 2022."

Based on end user, the diagnostic electrocardiogram (ECG) market is segmented into hospitals, clinics, and Cardiac Centers, ambulatory surgical centers, and other end users. The hospitals, clinics, and Cardiac Centers segment accounted for the largest share of the global market in 2022 attributed to the increasing prevalence of cardiovascular diseases, establishment of cardiac centers, and increasing government funding to expand and improve the services offered by hospitals.

"The APAC market, by region, to register highest growth rate in the forecast period."

On the basis of region, the diagnostic electrocardiogram (ECG) market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. North America holds the largest share and expects to dominate the diagnostic ECG market. The Asia-Pacific market is likely witnessing significant growth owing to increase in disposable income and increase in cardiovascular patient pool. Rising penetration of advanced diagnostic ECG in hospitals, and growing healthcare expenditure

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Reasons to Buy the Report

The report will enable established firms as well as entrants/smaller firms to gauge the pulse of the market, which, in turn, would help them to garner a larger market share. Firms purchasing the report could use one or a combination of the below-mentioned strategies to strengthen their market presence.

Research Coverage

This report studies the diagnostic electrocardiogram (ECG) market based on product type, lead type, end-user, and region. It also covers the factors affecting market growth, analyzes the various opportunities and challenges in the market, and provides details of the competitive landscape for market leaders. Furthermore, the report analyzes micro markets with respect to their individual growth trends and forecasts the revenue of the market segments with respect to four main regions (and the respective countries in these regions).

This release was published on openPR.