Market research analyst predicts the global echocardiography (ECG) devices market to grow steadily at a CAGR of above +6% by 2023. One of the primary drivers for this market is the rapid increase in the number of incidences of cardiac disorders. Hypertension is the most common cause of heart failure and is caused due to a rise in blood pressure in the arteries. These health risks mainly arise because of unhealthy dietary habits, increased stress, and lack of physical activity due to hectic lifestyles. As observed by experts, the primary reason responsible for the majority of cardiac disorders is hypertension. In the US, the incidences of cardiovascular diseases (CVDs), such as coronary heart disease (CHD), stroke, and heart attack are increasing.
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These chronic diseases require diagnosis and treatment to monitor the severity of the patient's medical condition daily and maintain medical health records. Moreover, the growing hospitalization of the older population for the treatment of cardiac diseases has also increased the need for ECG diagnosis, which in turn, is expected to propel the growth of the global ECG devices market during the forecast period.
Companies Profiled In This Report:
GE Healthcare, Mortara Instruments, Nihon Kohden, Phillips Healthcare, Schiller, Spacelabs Healthcare, Suzuken, Welch Allyn
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By Regions, this report covers North America, China, Europe, Southeast Asia, Japan, India
One of the latest trends gaining traction in this market is the integration of technologies to develop advanced ECG devices. The introduction of advanced technologies in CVD testing has led to higher sales of ECG devices.
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The development of new monitoring technologies has helped improve disease diagnosis and treatment. Technological advances have also allowed flexibility and portability of these systems.
For instance, the continuous advances in wireless data systems have allowed a more flexible placement of individuals and equipment within the examination rooms.
Instead of tethering individuals to the machine, physicians can place their workstations in a more convenient location while the concerned person is doing exercises. Furthermore, continuous digitization of record systems in physicians' offices and cardiology departments has induced vendors to improve data connectivity for a range of management solutions –– from ECG management systems and CVISs to PACSs.
These technological advancements in ECG devices are expected to augment growth in the global ECG devices market in the coming years.
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In the last sections of the report, the manufacturers responsible for increasing the sales in the market have been presented. These manufacturers have been analyzed in terms of their manufacturing base, basic information, and competitors.
In addition, the technology and product type introduced by each of these manufacturers also form a key part of this section of the report. The recent developments that took place in the Global ECG Devices Sales Market and their impact on the future growth of the market have also been presented through this study.
Table of Contents:
Global ECG Devices Sales Market Research Report 2017
Chapter 1: Global ECG Devices Sales Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: Global Market Competition by Manufacturers
Chapter 4: Global Production, Revenue (Value) by Region
Chapter 5: Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Global Production, Revenue (Value), Price Trend by Type
Chapter 7: Global Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Market Effect Factors Analysis
Chapter 12: Global ECG Devices Sales Market Forecast
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