According to the new market research report Diagnostic ECG Market By Product (Resting ECG, Stress, Mobile Cardiac Telemetry Device, Implantable Loop Recorder) and Service, By Lead Type (12-lead, 6-lead, 5- lead), End User, and Region – Global Forecast to 2024″, published by MarketsandMarkets™, the global Diagnostic Electrocardiograph Market is expected to reach USD 10.3 billion by 2024 from USD 7.5 billion in 2019, at a CAGR of 6.4% during the forecast period.
The Factors such as the rising incidence of lifestyle & cardiovascular diseases and increasing geriatric population are expected to propel the growth of the market.
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Market Players:
The Diagnostic Electrocardiograph (ECG) Market is dominated by players such as GE Healthcare (US), Philips Healthcare (Netherlands), Nihon Kohden (Japan), Hill-Rom Holdings (US), and Ambu (Denmark).
The hospitals, clinics, and cardiac centers segment accounted for the largest share of the Diagnostic Electrocardiograph (ECG) Market in 2018
By end user, the market is classified into hospitals, clinics, and cardiac centers; ambulatory surgical centers; and other end users. In 2018, the hospitals, clinics, and cardiac centers segment accounted for the largest share of the market. The large share of this segment can primarily be attributed to the growing burden of cardiovascular diseases, which, in turn, is increasing the need for quality cardiology care.
The 3-lead ECG segment is expected to grow at the highest CAGR in the diagnostic ECG market 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). The 3-lead segment is expected to grow at the highest CAGR during the forecast period. 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.
Asia Pacific diagnostic ECG market is expected to grow at the highest CAGR during the forecast period
On the basis of region, the diagnostic ECG market is segmented into North America, Europe, Asia Pacific, and RoW. The Asia Pacific is expected to grow at the highest CAGR during the forecast period. Factors such as growth in the geriatric population, growing incidence of chronic diseases, rising healthcare spending, healthcare reforms for infrastructural development, growing demand for advanced technologies, and less stringent regulations are fueling the demand for diagnostic ECG products and services in this region.
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The mobile wallet payment segment in value terms increased at a CAGR of 13.5% during 2019-2025.This offering from PayNXT360 is a bundled offering, combining 15 countries.
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Global Percutaneous Coronary Intervention (PCI) Market Analysis By Product Type (PTCA Catheters, Coronary Stents, Coronary Guidewire and Accessories), End User, Region, Key Players, Size Value, Future Insights, Share and SWOT Analysis, Forecast To 2023
The global Percutaneous Coronary Intervention Market size is predicted to touch USD 15.20 billion at a 7.1% CAGR over the forecast period (2017-2023), in accordance with the latest Market Research Future (MRFR) report.
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On the contrary, strict government regulations and risk of infection are factors that may hamper the percutaneous coronary intervention market growth over the forecast period.
Percutaneous Coronary Intervention Market Regional Analysis:
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This Report Focuses on the Global “Point-to-Point Bike Sharing Market” Status, Future Forecast, Growth Opportunity, Key Market and Key Players.
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Diagnostic Imaging Market DynamicsAs per the report by Market Research Future (MRFR), the diagnostic imaging market is speculated to surge at a CAGR of 6.2 during the forecast period (2018–2023).Diagnostic Imaging Market Growth Drivers and Key ChallengesOne of the prominent factors driving the growth of the diagnostic imaging market is the expanding geriatric population.
Since the bones at an advanced age are more fragile and less dense because of the loss in mineral content of bones, elderly people are more prone to chronic diseases like neurological disorders, cancer, as well as cardiovascular diseases, resulting in the growing demand for better diagnosis and therapies.Moreover, diagnostic centers are one of the largest end-users of diagnostic imaging systems.
The increasing number of diagnostic centers goes hand in hand with the increasing demand for diagnostic imaging systems.
Various types of diagnostic imaging tools like ultrasound, MRI, nuclear imaging, CT, and X-ray are used to diagnose numerous disorders or abnormalities in the human body.Besides, expanding healthcare infrastructure and subsequently increasing healthcare expenditure, along with growing healthcare awareness around the world are resulting in the augmented number of diagnostic centers.
The global diagnostic imaging industry is expanding at a substantial rate in the emerging nations, particularly in Latin America and Asia Pacific, there is still immense unexplored market in various countries around the world.
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Diagnostic Electrocardiograph (ECG) Market OverviewElectrocardiograph is a device used to observe the heart's activity and helps in gaining accurate details about the same.
As the global population increases, heart diseases are also increasing, which has provided lucrative growth.
Get a FREE Sample Report @ https://www.marketresearchfuture.com/sample_request/8787This has created huge demands for diagnostic electrocardiographs, as it is also capable of producing accurate results.
As the population and patient count increase, the authorities are now increasing the healthcare budgets and are improving their healthcare facilities, which has provided the necessary boost to this market.
Apart from the uses and features, the global diagnostic electrocardiograph market is facing friction from factors like scarcity of trained professionals and struggling economic structures, which has slowed down the market's growth.
This report provides a comprehensive outlook on competition, opportunities, drivers & restraints, and other factors affecting the local and global diagnostic electrocardiograph (ECG) market.
Reports and Data has recently added a new report titled Global Diagnostic Electrocardiograph (ECG) Market that provides an in-depth analysis of the future prospects and extensive overview of the market with regards to latest market trends, technological developments, growth opportunities, regulatory framework, challenges and barriers, and key players operating in the market.
The report includes all-inclusive details obtained from secondary research with reference to press release, web, magazines, and journals.
The primary purpose of the report is to provide comprehensive market analysis and strategic recommendations to assist decision-makers in formulating fruitful business investment decision and identify lucrative business opportunities.Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/3915The report puts an emphasis on the information regarding the key players with a special focus on their company profile, business overview, recent advancements, product catalog, and strategic business plans.
It provides a comprehensive overview of the strategic alliances in the market under taken by the key players such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches, brand promotions, and corporate deals, among others.Key companies operating in the market and profiled in the report include: GE HealthcareNihon Kohden CorporationKoninklijke PhilipsHill-Rom HoldingsBioTelemetry, Inc.BPL Medical Technologies ACS DiagnosticsShenzen Mindray Bio-Medical Electronics Co., Ltd.Allengers Medical Systems, Ltd.Innomed MedicalEdan Instruments, Inc.Cardioline SpANorav MedicalVectraCor, Inc.Nexus LifecareRequest a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/3915The Diagnostic Electrocardiograph (ECG) market takes into account major geographical locations such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa to offer key insights into market growth, market size, market share, revenue growth, current and emerging trends, supply and demand ratio, import/export, consumer demand and behavior, and presence of key players in each region.
The report offers an in-depth country wise analysis to impart better understanding of the market and its growth prospects.Segments Covered in the reportBy Type:ProductResting ECG DevicesStress ECG DevicesHolter MonitorsImplantable Loop RecordersEvent MonitorsMobile Cardiac Telemetry DevicesSmart ECG MonitorsSoftware & ServiceBy Lead Type:12-lead5-lead3-lead6-leadSingle-leadOthersBy End-userHospitals, Clinics & Cardiac CentersAmbulatory Surgical CentersOthersKey Regions Analyzed in the Report include:North AmericaU.S.CanadaMexicoEuropeGermanyU.K.ItalyFranceBENELUXRest of EuropeAsia PacificChinaIndiaJapanSouth KoreaRest of APACLatin AmericaBrazilRest of LATAMMiddle East & AfricaSaudi ArabiaU.A.E.South AfricaRest of MEATo know more about the report @ https://www.reportsanddata.com/report-detail/diagnostic-electrocardiograph-ecg-marketFurthermore, it consists information about individual segment of the Diagnostic Electrocardiograph (ECG) market based on the types and application.
The report also offers insights about the key segments expected to register significant revenue growth over the forecast period and primary trends influencing their growth.
