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Diagnostic Electro Cardiographs Market is expected to cross the USD 6.00 billion mark by 2022

(, November 13, 2017 ) According to the report Diagnostic Electro Cardiographs Market, published by Market Data Forecast, the Global market was worth USD 4.55 billion in 2017 and estimated to be growing at a CAGR of 6.1%, to reach USD 6.11 million by 2022.

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Diagnostic Electro Cardiographs Market: Drivers & Restraints
Factors such as advancements in the communication technology, low power circuit design for safer ECG devices Market along with portability features, lower power consumption more accuracy and capacity to incorporate latest diagnostic features are the key drivers of the market. Increasing aging population and growing incidence of lifestyle diseases are also fuelling the growth of Global Diagnostic Electrocardiographs market. However unstable reimbursement regulations, a high cost of the devices and economic instability are the major factors hindering the growth of the market.

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Diagnostic Electro Cardiographs Market: Segmentation

By Product
Resting ECG Systems
Stress ECG Systems
Holter Monitors

By Lead Type
Single-Lead Type ECG Devices
3-6 Lead Type ECG Devices
12-Lead Type ECG Devices
Other Lead Type ECG Devices

By End User
Home/Ambulatory Care research centers
Diagnostic Centers
Rehabilitation Centers
Physician Offices
Surgical Centers

By Geography
North America
o United States
o Canada
o U.K
o Spain
o Germany
o Italy
o France
o China
o India
o Japan
o Australia
o South Korea

Latin America
o Brazil
o Argentina
o Mexico
o Rest of Latin America

Middle East & Africa
o Middle-East
o Africa

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Diagnostic Electro Cardiographs Market: Overview
The resting ECG devices segment accounted for the largest share owing to increasing aging population and growing incidence of cardiovascular diseases. Holter diagnostic ECG segment is projected to witness the fastest growth rate. This can be accredited to technological advancements, which have brought down the prices of these devices.

North America accounted for the largest share of the market due to innovations in technology and widespread awareness about the advantages of electrocardiographs. Asia-Pacific is estimated to be the fastest growing region due to its high patient base and growing healthcare expenditure.

Diagnostic Electro Cardiographs Market: Key Players
The Diagnostic Electro Cardiographs market is highly competitive with a large number of players. Some of the major Companies are BPL Ltd, Cardiac Science Corp, Fukuda Denshi Co., Ltd, GE Healthcare, Medtronic, Inc, Philips Healthcare, Spacelabs Healthcare, Inc, Mortara Instrument, Inc, Midmark Corp, Mindray Medical International Ltd, Nihon Kohden Corp, Scottcare Corp, Schiller Ag, Welch Allyn Inc and Cardionet.

About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind speciality with competitive pricing options.

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