Single Lead Ecg Machines Market rising to a value of US$ 235 Mn by 2025

Single Lead Ecg Machines Market to Reach US$ 235 Mn by 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 ECG Monitors
Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025)”. The comprehensive
single-lead ECG monitors market research report focuses on various trends, developments,
opportunities, restraints, drivers and challenges impacting the growth of the global single-lead ECG
monitors market. 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 subsegment of the global single-lead ECG monitors market.
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.
Single Lead Ecg Machines Market Research Report Overview @
https://www.persistencemarketresearch.com/market-research/single-lead-ecg-machines-market.asp
By product type, recording based single-lead ECG monitor segment is estimated to largely
contribute to the valuation of the global market. The real-time single-lead ECG monitor segment is
projected to grow at a comparatively high CAGR of 12.9% during the forecast period
Application wise, there is a higher demand for single-lead ECG monitors in atrial fibrillation
indication. The atrial fibrillation application segment is also estimated to be the largest and expected
to be the most lucrative in the coming year
By region, use of single-lead ECG monitors in North America, especially in the U.S, is increasing at
a high scale due to increasing prevalence of cardiovascular and other chronic diseases. Moreover,
Asia Pacific region is expected to show higher adoption of single-lead ECG monitors, thus making
this region as a potential growth propeller portraying huge opportunities for manufacturers of
single-lead ECG monitorsBy end user, home care settings segment is expected to show significant
market attractiveness with respect to use of single-lead ECGs. However, hospital facilities segment
is the largest with a high market valuation of about US$ 186 Mn in 2017
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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).
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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