March 13, 2019: The U.S. ECG equipment market size is expected to reach USD 2.8 billion by 2026, based on a new report by Grand View Research, Inc., registering a 5.7% CAGR during the forecast period. Rise in prevalence of cardiovascular diseases in the country, availability of various monitoring devices, and technological advancements are among key factors driving the U.S. electrocardiograph device market.
Increase in investment by various market players and the U.S. government for development and commercialization of various easy-to-use equipment is also likely to drive the market. For instance, in September 2017, the U.S. FDA approved an app-driven, easy-to-clean, and fully reusable ECG device manufactured by NimbleHeart. The device can be wrapped around a user's torso and used without electrolytic gels and adhesives. Hence, it can be cleaned easily, thereby making the product ideal for multi-patient use.
In May 2018, Preventice Solutions launched BodyGuardian Mini, a reusable long-term and smallest Holter technology for cardiac monitoring. The new technology includes an ultra-small cardiac monitor that can measure ECG up to 14 days and can transfer data to a physician in an easy-to-read report. Hence, launch of such technologically advanced products to address the needs of physicians and patients is expected to boost market growth in the coming years.
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Further key findings from the study suggest:
• Rising incidence of cardiac diseases and growing geriatric population are expected to propel market growth in the coming years
• By type, the resting ECG system segment accounted for the largest share in the market and is expected to witness significant growth during the forecast period. This can be attributed to availability of several commercial products, improved clinical accuracy due to advanced data analysis tools to detect heart-related problems, and high penetration in large hospitals
• The Holter monitor segment is expected to witness the fastest growth over the forecast period owing to portability of these devices, cost-effectiveness, and ability to record heart's electrical activity for a longer duration
• By end use, hospitals accounted for the largest share in 2018 as majority of patients rely on hospitals than other healthcare facilities due to the availability of well-equipped devices and latest monitoring software
• Based on geography, the south region accounted for the dominant share in 2018 and is expected to maintain its lead throughout the forecast period due to a large target population and presence of a high number of hospitals
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• Advancements in medical technology and availability of portable ECG devices have led to an increase in diagnosis rate, as these systems facilitate immediate transfer of data pertaining to outpatient procedures. This is expected to drive demand for ambulatory care centers during the forecasts period
• Some of the key players are BioTelemetry, Inc.; CardioComm Solutions, Inc.; Compumed Inc.; GE Healthcare; Mindray Medical; Hill Rom; NIHON KOHDEN CORPORATION; Philips Healthcare; Schiller AG; Spacelabs Healthcare; Welch Allyn; and McKesson Corporation.
The global ECG Equipment Market size is expected to value at USD 6.3 billion by 2022.
However, strict laws and guidelines adopted by regional governments and lack of availability of skilled professionals are restricting the market growth, in the recent years.Changing lifestyle and varying eating habits have steered rising occurrence cardio-vascular diseases among young as well as elderly population.
The common factors such as ever-growing pollution with the rapid industrialization and urbanization, are contributing to the respirational disorder, attributing to the demand for ECG equipment.An ECG equipment offers smart diagnosis based treatment with the help of highly accurate diagnosis of physiological parameters in the real-time.
The ECG systems provide highly accurate test results that helps in further treatment of patients suffering from cardo-vascular disorders.
Globally, the ECG equipment industry is predicted to grow at higher CAGR in the forecast period, providing numerous opportunities for market players to invest for research and development in the ECG equipment market.ECG monitoring alongside multiple sensor data fusion techniques are typical methodologies implemented to enhance system capabilities by utilizing integral redundancy in data with the help of a sensor and signal processing.
The application of the electrocardiogram (ECG) equipment includes intensive care units, battlefield medical facility and outer-space operations.
The Spirulina Market is expected to grow at a CAGR of 10.3% from 2020-2030, according to a new research report by Next Move Strategy ConsultingSpirulina is a blue green algae with high nutrient content, usually consumed by human & animals.
It is also used as a complementary diet ingredient in aquaculture & poultry feeds owing to the presence of high protein & vitamin content.According to the report, growth in health consciousness among people and the rising demand for dietary supplements are major factors driving the spirulina market growth.
Additionally, high penetration of spirulina in industries such as cosmetics and pharmaceutical owing to the advantageous properties such as anti-aging, anti-wrinkles and othersare bringing changes in market tends.However, low stability & poor sustainability of spirulina derived colours is expected to restrict the market growth.Moreover, growth in research & development activities followed by untapped market opportunities in developing economies are anticipated to provide numerous opportunities to the market players in the coming few years.On the basis of type, spirulina market share is segmented into Arthrospira Platensis and Arthrospira Maxima.
Arthrospira Maxima dominates the global Spirulina market and will be the dominant throughout the forecasted period.On the basis of application, the Spirulina market is categorised into Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others.Food & Beverages segment is likely to develop significantly over the period of time owing to fast growing food & beverage industry.On the basis of drug formulation, the spirulina market is bifurcated into Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent.
Powder segment is expected to account for the major market share & dominate the market growth over the forecast period.North America dominates the spirulina market in terms of market size over the forecast period, owing to rising health consciousness among people.
Hansen Holding A/S, Algenol Biofuels Inc., Dongtai City Spirulina Bio-engineering Co., Ltd., Prolgae, Parry Neutraceuticals, Sensient Technologies Corporation, DDW Inc., Algatec and Naturex S.A.Browse key industry insights from the report, “Spirulina Market Size By Type (ArthrospiraPlatensis and Arthrospira Maxima) By Application (Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others), By Drug Formulation (Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent)Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020–2030” in detail along with the table of contents:Key Insights from the Spirulina Market Report:Asia Pacific is the fastest growing region in Spirulina market owing to the rising demand of spirulina from various industries such as cosmetics, food , healthcare and others and government initiatives to promote local spirulina production.The Food & Beverages segment dominates the market in terms of application and is expected to grow at a significant CAGR to maintain the lead till 2030.Some of the major players in the market are DIC Corporation, Cyanotech Corporation, Chr.
The Single Lead ECG Equipment Market 2021 research report gives emerging industry data, global segments and regional outlook.
This report covers up all details such as size, share, value, growth, restraints, and opportunities for the year 2020 to 2027.
The report generated using various analysis tools like porter’s five forces model, market attractiveness and value chain.
The report gives comprehensive review of the global market helping to club revenue generation and profitable business to transform client’s success.The report also covers detailed competitive landscape including company profiles of key players operating in the global market.
The key players in the single lead ECG equipment market includes Ambisea Technology Corp., Ltd, CONTEC MEDICAL SYSTEMS CO.,LTD, Dimetek Digital Medical Technologies, Ltd, Eurocamina, Lohman Technologies, Longfian Scitech Co.Ltd, Perlong Medical Equipment Co., Ltd, SUZUKEN CO., LTD, Tianjin Chase Sun Pharmaceutical Group, VCOMIN TECHNOLOGY LIMITED and Others.
An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.Get more information on "Global Single Lead ECG Equipment Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/single-lead-ecg-equipment-market/download-sampleMarket DynamicsThe rising prevalence of chronic disorder and cardiovascular diseases along with increasing adoption of single lead ECG applications in atrial fibrillation, bradycardia, and tachycardia indications is driving the market growth.
The global ECG Equipment Market size is expected to value at USD 6.3 billion by 2022.
Increasing demand from healthcare specialists coupled with growing health-conscious population is expected to drive the growth of ECG equipment market over the forecast period.Furthermore, rise in the number of awareness initiatives by local governments are anticipated to offer growth opportunities for market players in the near future.
However, strict laws and guidelines adopted by regional governments and lack of availability of skilled professionals are restricting the market growth, in the recent years.Download Free Sample Report @ https://www.millioninsights.com/industry-reports/ecg-equipment-market/request-sampleChanging lifestyle and varying eating habits have steered rising occurrence cardio-vascular diseases among young as well as elderly population.
The common factors such as ever-growing pollution with the rapid industrialization and urbanization, are contributing to the respirational disorder, attributing to the demand for ECG equipment.An ECG equipment offers smart diagnosis based treatment with the help of highly accurate diagnosis of physiological parameters in the real-time.
The ECG systems provide highly accurate test results that helps in further treatment of patients suffering from cardo-vascular disorders.
These systems prevent possibilities of data misinterpretation, responsible for raising false alarms only to offer a high degree of precision in its results with the help of data aggregation and fusion.The ECG equipment industry is broadly categorized into five major segments based on the product type such as holter monitors, resting ECG system, stress ECG monitors, event monitoring systems and ECG management systems.
