NEW YORK, January 29, 2018 /PRNewswire/ --
Global Market Study on Single-Lead ECG Monitors:Tachycardia Application Segment to Expand at a Significant Rate During 2017 - 2025
Understanding various facets of the global single-lead ECG monitors market, Persistence Market Research has come up with an analytical research publication titled "Single-Lead
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These factors vary in magnitude in different regions for which a detailed analysis is covered in this research report. Along with this, a detailed competition assessment and forecasts for a period of eight years from 2017-2025 are elaborated with respect to each segment and sub-segment of the global single-lead ECG monitors market.
Global Single-Lead ECG Monitors Market: Competition Landscape
The global single-lead ECG monitors market research report has analyzed various key players involved in the manufacturing of single-lead ECGs. Few of these players include DailyCare BioMedical Inc., Shenzhen Creative Industry Co. Ltd., AliveCor Inc., Medtronic Plc., LifeWatch AG, OMRON Healthcare, Lohman Technologies (Cardiac Advancements LLC), iRhythm Technologies Ltd., Reka Health Pte Ltd., Beijing Choice Electronic Tech Co., Ltd (ChoiceMMed), DIMETEK Digital Medical Technologies, Ltd., Cardiac Design Labs, Thermo Fisher Scientific, Inc., Lyfas, Acculi Labs Pvt. Ltd. India, Vital Connect Inc., Qardio, Inc., ProtoCentral and NUUBO Smart Solutions Technologies, SL.
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Global Single-Lead ECG Monitors Market: Insights on Market Segments
The global market for single-lead ECG monitors is segmented on the basis of product type, application, end user and region.
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Global Single-Lead ECG Monitors Market: Market Forecast Analysis
The global single-lead ECG monitors market is expected to witness stellar growth in the coming years. The global market for single-lead ECG monitors was valued at around US$ 344 Mn in 2017 and is estimated to reach a valuation of more than US$ 730 Mn by the end of 2025. The global market for single-lead ECG monitors is projected to grow at a value CAGR of 9.9% throughout the period of forecast (2017-2025).
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Global Single-Lead ECG Monitors Market: Underlying Aspects
There are several underlying aspects that have an influence on the growth of the global market for single-lead ECG monitors. Factors such as increasing prevalence of chronic diseases, low cost of low end ECG monitors, increasing technological advancements, increasing preference for portable ECG coupled with low cost of portable ECGs, rising number of patients suffering from cardiovascular diseases, growing number of small players in emerging economies and growing distribution network for ECGs is expected to fuel the growth of the global single-lead ECG monitors market. On the other hand, high demand for high end ECG monitors and 12 lead ECG monitors is expected to curb the demand for single-lead ECG monitors. Other aspects such as lack of awareness about latest technology and limited adoption among general population have a negative impact on the market's growth.
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