The Global Diagnostic ECG market has fuelled the market demand owing to its advanced technology and disposable income
Diagnostic ECG
The global diagnostic ECG market size will show a substantial CAGR in the forecast period from 2020-2027. Owing to a rising number of cardiovascular diseases, along with the changing lifestyle and eating habits of the people, has increased the rate of obesity worldwide. Thus, it creates diseases like stroke, arrhythmias, ventricular atrial hypertrophy, myocardial infarction, abnormal heart rate, myocardial ischemia.
Moreover, ECG diagnostic helps in identifying the rate of electrical and muscle function of the heart and also diagnose the blood flow to the heart muscles. The heartbeats recorded on the special ECG paper. ECG diagnosis made to examine the heart rate and rhythm, which shows the evidence of previous heart attack and also helps in identifying the enlargement of the heart due to high blood pressure.
Furthermore, with government initiatives, the ECG diagnosis machine has been installed in the hospitals and providing affordable treatment to the patients as mortality from cardiovascular disease is very high in countries like the US and India. Therefore, it has fueled the market demand for the diagnostic ECG market. With the growth of technology advancement, portable and wireless ECG devices have fueled the market growth of the global diagnostic ECG market.
Product Overview in the Global diagnostic ECG Market
Based on Product, the global diagnostic ECG market segmented into Resting ECG, Stress, Mobile Cardiac Telemetry Device, Implantable Loop Recorder. The resting ECG segment has captured the highest market share in the forecast period from 2020-2027. In the wake of increasing cardiovascular cases and with technology advancement, resting ECG is highly used in the market owing to its quick, simple, and painless test procedure.
Application Overview in the Global diagnostic ECG Market
Based on the application, the global diagnostic ECG market classified into12-lead, 3-lead, 6-lead, 5- lead. The 3-lead segment has dominated the market share of the global diagnostic ECG market. It is owing to its positive growth as 3-lead tests conjointly done with another medical test of cardiovascular disease diagnosis test. Moreover, 3 -lead tests are accurate, have intelligent designing, which is convenient to use with other tests.
End-usersOverview in the Global diagnostic ECG Market
Based on end-users, the global diagnostic ECG market distributed into Hospitals, clinics, & cardiac care centers, ambulatory surgical centers, and other end users. The hospitals, clinics & cardiac care centers segment has a significant market demand in the global diagnostic ECG market. Hospitals require advanced technology equipment and diagnostic machine due to rising cardiovascular diseases. Therefore, hospitals, clinics, and other centers will dominate the market share of the diagnostic market in the future as well.
Region Overview in the Global diagnostic ECG Market
Based on geography, the global diagnostic ECG market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The North America region is going to bolster its growth in the forecast period from 2020-2027. Due to the rising population of geriatrics and changing lifestyle, and obesity have raised the cardiovascular diseases and with technological advancement and high-quality health care facilities and infrastructure have fueled the market demand for the global diagnostic market and will continue to the future as well.
Global diagnostic ECG Market:Competitive Landscape
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