Global ECG Cable and ECG Lead Wires Market, By Machine Type (3-Lead ECG Leadwires, 5-Lead ECG Leadwires, 6-Lead ECG Leadwires, 12-Lead ECG Leadwires, Single-Lead ECG Leadwires), Usage (Reusable Cables and Leadwires & Disposable Cables and Leadwires), Material (Thermoplastic Polyurethane, Silicone, Polyvinyl Chloride, Thermoplastic Elastomer ), End-Users (Hospitals, Clinics, Long-Term Care Facilities, Ambulatory and Home Care), Geography – Industry Trends and Forecast to 2024
The Global ECG Cable and ECG Lead Wires Market accounted to USD 1.50 billion in 2016 growing at a CAGR of 6.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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ECG Cable is used for determining ECG and impedance respiration in pediatric and adult patients. It is also used in the medical fields such as EEG, AED and EMS.
The wires are specially designed for the full shielded low noise cable that lowers the electrical noise and border to provide maximum signal quality.
Major Market Drivers and Restraints :
- Increasing Geriatric Population
- Increasing Prevalence of Cardiovascular Diseases
- Higher Prices of Disposable Cables
- Untouched Emerging Markets
- Disruptive Inventions
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- By machine type the global ECG cable and ECG lead wires market is segmented into3-lead ECG leadwires, 5-lead ECG leadwires, 6-lead ECG leadwires, 12-lead ECG leadwires, single-lead ECG leadwires and others.
- On the basis of usage the global ECG cable and ECG lead wires market is segmented into reusable cables & leadwires and disposable cables & leadwires.
- On the basis of material the global ECG cable and ECG lead wires market is segmented into thermoplastic polyurethane, silicone, polyvinyl chloride, and thermoplastic elastomer.
- On the basis of end-user the global ECG cable and ECG lead wires market is segmented into hospitals, clinics, long-term care facilities, and ambulatory& home care.
- On the basis of geography, global ECG cable and ECG lead wires market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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The global ECG cable and ECG lead wires market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
The report includes market shares of ECG cable and ECG lead wires market for global, Europe, North America, Asia Pacific and South America.
Major Market Competitors:
- 3M, BD, Medtronic,
- Koninklijke Philips N.V.,
- Mindray Medical International Limited,
- General Electric Company,
- Nihon Kohden,
- Affinity Medical Technologies,
- Boston Scientific,
- Toshiba Corporation,
- C.R. Bard,
- B. Braun Melsungen AG,
- BIONICS, Drägerwerk AG & Co.
- Curbell Medical Products, Inc.,
- Welch Allyn, Inc.,
- OSI Systems, Inc.,
- SCHILLER AG,
- CONMED Corporation
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