ECG Telemetry Devices: Global Market Forecasts 2018-2023 - CAGR to Grow at 8.3% - ResearchAndMarkets.com

The "Global ECG Telemetry Devices Market - Segmented by Use, Application, and Geography - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The Global ECG Telemetry Devices Market is expected to grow at a CAGR of 8.3% during the forecast period.

According to the American Heart Association, the number of people living with heart failure increased from 5.7 million (2012) to 6.5 million people (2014). So, every year, the percentage of people living with cardiac diseases is increasing, and this population is expected to use the diagnostic tests, such as the ECG. So, the ECG telemetry devices usage is also expected to increase. Hence the increased cardiovascular disease rate is driving the ECG telemetry market. The factors, like increasing number of homecare monitoring devices and the increase in a number of service providers, are driving the market.

In North America, the United States is dominating the ECG telemetry devices market, due to the availability of reimbursement policies, government initiatives, and investment in patient healthcare expenditure. Asia-Pacific is expected to record a substantial growth over the forecast period.

Market Dynamics

Drivers

• Homecare Monitoring Devices
• Increase in Cardiovascular Diseases Rates
• Increase in the Number of Service Providers

Restraints

• Cost Constraint
• Continuous Need of Wireless Communication Mode

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Key Inferences

5. Market Overview

6. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)

7. Market Segmentation

8. Competitive Landscape

9. Key Players

• Aerotel Medical Systems Ltd
• Cardiac Science Corporation
• GE Healthcare Inc.
• Medtronic Inc.
• Mindray Medical International Ltd
• Nihon Kohden Corporation
• Philips Healthcare
• Schiller AG
• Siemens Healthcare
• Welch Allyn Inc.

10. Future of the Market

For more information about this report visit https://www.researchandmarkets.com/research/3gmpr5/ecg_telemetry?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20180425006412/en/