Electrocardiogram Devices Market 2019: Industry Landscape And Acknowledgement

Electrocardiogram (ECG) Devices Market
GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND
OPPORTUNITY ANALYSIS, 2018-2026
REPORT DESCRIPTION
Electrocardiogram (ECG) Devices Market – Overview
Launch and approval of novel electrocardiogram (ECG) devices in market is expected to drive global
electrocardiogram (ECG) devices market growth over the forecast period. For instance, in January 2019,
Alphabet Inc.'s health division, Verily received approval from the U.S. Food and Drug Administration
(FDA) for Verily’s Study Watch, a wearable medical device that conducts electrocardiograms (ECGs),
which measures electrical activity of the heart and can be used to diagnose a number of heart conditions.
According to the same source, coronary heart disease was the leading cause of death (43.8%) in the U.S.,
followed by stroke (16.8%), heart failure (9.0%), high blood pressure (9.4%), diseases of the arteries
(3.1%), and other cardiovascular diseases (17.9%).
The global electrocardiogram (ECG) devices market size was valued at US$ 4.2 Bn in 2018, and is
expected to witness a CAGR of 5.8% during the forecast period (2018–2026).
REPORT DESCRIPTION
Electrocardiogram (ECG) Devices Market – Dynamics
Approval and launch to novel electrocardiogram (ECG) devices in key regions is expected to be a major
factor driving global electrocardiogram (ECG) devices market growth over the forecast period. For
instance, in 2014, Aerotel Medical Systems received the CE Mark approval for its new electrocardiogram
(ECG) devices HeartView P12/8i and HeartView 12L. The HeartView P12/8i, an ECG event recordertransmitter for personal use, is an ECG device with high-resolution 12-lead ECG recording technology,
specifically designed for patient use.
High prevalence of cardiovascular disease in key regions is expected to increase the demand for ECG
devices and significantly support global electrocardiogram (ECG) devices market growth over the forecast
period. For instance, according to European Heart Network’s European Cardiovascular Disease Statistics
2017, in 2015, new cases registered with cardiovascular disease in Europe was around 11.3 million with
nearly 6.1 million new cases of cardiovascular diseases in the European Union.
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REPORT DESCRIPTION
Electrocardiogram (ECG) Devices Market – Key Players
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Cardiac Insight Inc.
Koninklijke Philips N.V.
General Electric Company
CardioNet Inc.
Mindray Medical International Limited
Spacelabs Healthcare
Schiller AG
CompuMed Inc.
Nihon Cohden Corporation
Welch Allyn Inc.
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Electrocardiograph machines are used to measure the electrical activity of a patient’s heart. The electrical activity of the heart is recorded with the help of 12-lead ECGs and 10 electrodes, placed on patient’s limbs and surface of the chest.