Posted By sambit.k Posted On

ECG Devices Market Is Predicted to Rise Exponentially on Account of Recent Advancements In ECG Devices, says Fortune Business Insights

ECG Devices Market Size| 2021 Covid-19 Impact On Healthcare Industry Global Analysis By Size, Trends, Growth, Share, Business, Key Players And Regional Forecast latest study published by Fortune Business Insights. Increasing prevalence of cardiovascular disease around the world is driving the global ECG devices market, says Fortune Business Insights in a report, titled “ECG Devices Market” ,Size, Share and Global Trend by Product (Wearable Holter Monitor, Portable Handheld ECG, Lead), By End User (Hospitals, Ambulatory surgical centers, Diagnostic centers, Specialty Clinics, Others), and Geography Forecast till 2026.”Rising demand for cost-effective ECG devices for diagnosis is a factor predicted to support the growth of the global ECG devices market.

Get Sample PDF Brochure:

Global ECG Devices Market Highlights:

The ECG Devices Market report offers an in-depth analysis of the ECG Devices industry and the demand drivers by highlighting information on several aspects of the market. Prudent Markets addresses all these aspects and provides the latest scoop and detailed eye-opening study on all major & emerging business segments. In addition to this, the report sheds light on the industry developments by key players, which are contributing to the expansion of this industry. The development scope, feasibility study, ECG Devices market concentration, and maturity analysis is elaborated in this report.

Information given in the research report pertains to different technological advancements introduced in recent years, which allows for a meticulous analysis of the industry and offers a more comprehensive understanding to the readers.

The outbreak of covid-19 in the global market has made companies uncertain about their future scenario as the prolonged lock-down finds a serious economic slump. The latest survey on COVID-19 Outbreak-Global ECG Devices Market is conducted to provide hidden gems performance analysis. Essential growth factors and study of Basis points [BPS] have been discussed in the following report. Research Report explains a detailed overview of market dynamics, segmentation, product portfolio, business plans, and the latest development in the industry.

Out research methodology is robust and includes data triangulation based on bottom-up and top-down approaches. We validated the approximate market number with the help of primary research. Secondary research was conducted to find out detailed information about mergers and acquisitions, collaborations, joint ventures, and agreements. At the same time, we have derived significant information about the market dynamics associated with growth drivers, trends, and obstacles.

It offers figurative estimations for upcoming years on the basis of the recent developments and historic data. For gathering information and estimating revenue for all segments, researchers have used top-down and bottom-up approaches. On the basis of data collected from primary and secondary research and trusted data sources the report will help both existing and new aspirants for ECG Devices market to figure out and study the market’s needs, market size, and competition.

Launch of Next-Gen ICM by Abbott Will Stimulate Growth

Abbott, an American healthcare company launched a new, smarter heart monitor for better arrhythmia detection after receiving approval from the Food and Drug Administration. The next-generation Confirm Rx insertable cardiac monitor (ICM), combines smartphone connectivity and constant remote monitoring to track unpredictable heart rhythm problems for a fast and accurate diagnosis.

The launch of the paperclip-sized implantable device, Confirm Rx ICM is predicted to aid ECG devices growth owing to the first-ever technology in the new device that allows syncing with the smartphone via Bluetooth therefore, transmitting information to the physician to help identify irregular heartbeats instantaneously.Furthermore, approval from the FDA for innovative ECG devices by key players is also expected to promote growth of the global ECG devices market. For instance, CardioComm Solutions, Inc., received clearance from FDA to use HeartCheck CardiBeat handle head ECG device which is used to heartbeat monitoring and also received approval to use GEM mobile ECG app.

Growing Technological Advancements in ECG Devices Will Boost Growth

Increasing technological advancements and product launches by key players are driving the global ECG devices market. For instance, in 2019, by AliveCor, Inc. received approval from the FDA to use a Kardia Mobile, a personal ECG device to detect Bradycardia and Tachycardia. Furthermore, increasing prevalence of cardiovascular disease along with the growing geriatric population are factors contributing positively to the global ECG devices revenue.

According to the American Heart Association (AHA), it is estimated that around 4 million patients worldwide suffer from arrhythmias. In addition, rising demand for cost-effective ECG devices for diagnosis of heart diseases is also predicted to facilitate global ECG devices growth during the forecast period. However, the high cost of heart diseases diagnosis & patient care is likely to hamper the growth of ECG devices market during the forecast period.

Some of the Main Key Players Covered in the Report

  • General Electric Company
  • Koninklijke Philips N.V.
  • OSI Systems Fukuda Denshi Co Ltd.
  • Schiller AG
  • Opto Circuits Limited
  • Medtronic
  • Spacelabs Healthcare Inc.
  • Bionet
  • Cardiac Science
  • Midmark Corporation
  • Cardionet Inc.
  • Omron Healthcare, Inc.

Growing Geriatric Population Will Support Growth in Asia Pacific

Geographically, the global ECG devices market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America is likely to dominate the ECG Devices market during the forecast period owing to the rising cases of cardiovascular disease, growing adoption of sedentary lifestyle.

Increasing awareness among healthcare organizations about the benefits of using novel technologies for early diagnostic of cardiac-related issues is also predicted to foster growth in the region. Asia Pacific is expected to grow exponentially during the forecast period owing to the growing geriatric patient pool and rising investments by government organizations for providing better healthcare infrastructure. Rising adoption of innovative technology in emerging nations such as China and India is also predicted to boost the global ECG devices market during the forecast period.

Some of the major companies that are present in the global ECG devices market are General Electric Company, Koninklijke Philips N.V., OSI Systems Fukuda Denshi Co Ltd., Schiller AG, Opto Circuits Limited, Medtronic, Spacelabs Healthcare Inc., Bionet, Cardiac Science, Midmark Corporation, Cardionet Inc., Omron Healthcare, Inc. among others

About Us:

Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us

Fortune Business Insights Pvt. Ltd.

308, Supreme Headquarters,

Survey No. 36, Baner,

Pune-Bangalore Highway,

Pune – 411045, Maharashtra, India.


US: +1 424 253 0390

UK: +44 2071 939123

APAC: +91 744 740 1245

Email: [email protected]


Related Reprts :

Global Smartphone Market Growth Gets Stoked by Rising Penetration of Internet Across the World: Fortune Business Insights

ECG Devices Market 2021 Comprehensive Growth, Industry Size, Future Demand, Emerging Trends and Latest Technology, Forecast Research Report 2027

Indirect Calorimeter Market 2021 Comprehensive Growth, Industry Size, Future Demand, Emerging Trends and Latest Technology, Forecast Research Report 2027

Medical Non-Woven Disposables Market 2021 Comprehensive Growth, Industry Size, Future Demand, Emerging Trends and Latest Technology, Forecast Research Report 2027

Polyethersulfone Dialyzer Market 2021 Comprehensive Growth, Industry Size, Future Demand, Emerging Trends and Latest Technology, Forecast Research Report 2027

Comments (0)

Leave a Reply

Your email address will not be published.