Our most recent research analysis, "ECG Telemetry Devices Market Forecast to 2027 - COVID-19 Impact and Global Analysis - by Product and End User," predicts that the market will increase from US$ 2,087.66 million in 2020 to US$ 3,783.48 million in 2028, at a CAGR of 7.8%. The market for ECG telemetry devices is highlighted in the report along with trends and growth factors. The rise in geriatric population and incidence of cardiovascular disease are two major contributors to the market's expansion. However, ECG telemetry devices' high price and drawbacks limit market expansion.

 

The ECG telemetry devices market is divided into resting ECG devices, stress ECG devices, and other devices based on product. In 2020, the sector for resting ECG devices retained the biggest market share. During the projected period, the same sector is anticipated to have the greatest CAGR in the market. An examination that aids in determining the electrical activity of the heart is the resting electrocardiogram. The test is easy to complete and only takes a few minutes to complete. In addition, many businesses are implementing organic and inorganic strategies to maintain their position in the market as a result of the benefits it offers.

 

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For example, the US company HeartSciences reported in August 2017 that its MyoVista high sensitivity electrocardiograph testing gadget had gained the CE Mark and had been introduced in Europe. MyoVista hsECG, according to the manufacturer, uses the same 12-lead, at-rest testing technique as regular ECG devices. The gadget combines typical 12-lead resting ECG tracings, informatics, and interpretive ECG analysis.

 

Cardiac Science Corporation, CompuMed Inc., GE Healthcare Inc., Medtronic Inc., Mindray Medical International Ltd., Nihon Kohden Corporation, Philips Healthcare, ScottCare Corporation, Dragger, and Welch Allyn Inc. are among the leading companies operating in the ECG telemetry devices market.

The report segments the ECG telemetry devices market as follows:

By Product

  • Resting ECG Devices
  • Stress ECG Devices
  • Others

By End User

  • Home Healthcare
  • Hospitals

By Geography

  • North America

o     

      • US
      • Canada
      • Mexico
  • Europe

o     

      • France
      • Germany
      • UK
      • Spain
      • Italy
      • Rest of Europe
  • Asia Pacific (APAC)

o     

      • China
      • India
      • Japan
      • Australia
      • South Korea
      • Rest of Asia Pacific
  • Middle East and Africa (MEA)

o     

      • Saudi Arabia
      • UAE
      • South Africa
      • Rest of Middle East and Africa
  • South and Central America (SCAM)

o     

      • Brazil
      • Argentina
      • Rest of South and Central America

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

 

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