Innovations in ECG Equipment & Management Systems to Fuel Market Growth!


The global ECG equipment and management market is predicted to value USD 7.63 billion by 2025, according to a report by Grand View Research, Inc. Rising cases of various heart disorders such as heart arrhythmia, and ischemic heart disease owing to growing geriatric population can spur the demand for ECG equipment and management system. Such advanced equipment offer advanced sensors to diagnose abnormalities in a better manner as compared to the conventional heart monitors.

Emerging cases of heart attack in youngsters owing to unhealthy lifestyle and eating habits is likely to fuel demand for advanced heart monitoring devices. Early diagnosis of any possible abnormalities in human heart using advanced diagnostic systems can save many lives. In addition, effective features of these systems such as portability and much elaborated diagnostic results are anticipated to propel demand in the forthcoming years. To cater to rising demand, most companies are focusing on R&D investments to develop new and innovative ECG equipment and management systems for better diagnostic results.

ECG Equipment and Management Market


For instance, Apple recently developed an advanced heart monitor for its smart watches. The company used highly advanced sensors that help predict forthcoming infirmities, instead of focusing on historical data. The smart watch passes an imperceptible current across the wearer's chest upon squeezing the device screen to track the heart's electrical signals in order to detect any abnormalities, such as irregular heart rates, which may possess fatal risks of heart failure or attack.

The global ECG equipment and management system market is anticipated to register a healthy growth rate of 5.8 % during the forecast years (from 2017 to 2025). Growing investments by private and government firms for the development of advanced, easy-to-use technologies for timely detection of cardiovascular diseases (CVDs) is expected to be the key factor stimulating the market growth. Commercialization of new products is also likely to have a positive impact on the expansion of the market.

Favorable government policies in various regions towards infrastructural development and spreading health awareness among people may also boost the market growth in future. Some of the leading companies offering ECG equipment and management system are Compumed Inc.; BioTelemetry, Inc.; Mindray Medical; GE Healthcare; and Hill Rom.

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