(MoneyNewsWire.Net, July 19, 2017 ) Market Data Forecast recently published a report on the North America Diagnostic Electro Cardiographs Market which estimates the market which was worth $2210.93 million in 2016 and is expected to be growing at a CAGR of 5.8%, to reach $1667.081 million by 2021 during the forecast period from 2016 to 2021.
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A device used for recording the electrical activity of the myocardium to detect transmission of the cardiac impulse through the conductive tissues of the muscle. Electrocardiography allows diagnosis of specific cardiac abnormalities.
Leads are affixed to certain anatomical points on the patient's chest, usually with an adhesive gel that promotestransmission of the electric impulse to the recording device. The overall goal of performing electrocardiography is to obtain information about the structure and function of the heart. Medical uses for this information are varied and generally relate to having a need for knowledge of the structure and/or function.
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The DROC Analysis contains some of the factors that have major effects on the market dynamics be it positive or negative. North America diagnostic cardiographs market is driven by factors such as technological advancements in communication, lower power circuit design for safer ECG devices along with portability features, lower power consumption more accuracy and capacity to incorporate latest diagnostic features. Growing Geriatric population and increasing incidence of lifestyle related diseases are some of the additional factors fuelling the growth of Global Diagnostic Electrocardiographs market. However unstable reimbursement regulations, high cost of devices and economic instability are some of the major factors hindering the growth of the market. The market is segmented based on product type, lead type and end-users and is studied for a deep-level understanding of the Diagnostic Electro Cardiographs market. Each sub segment is accompanied with Market Size Estimations and Y-o-Y Forecasts as well.
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By Product Resting ECG Systems Stress ECG Systems Holter Monitors By Lead Type Single-Lead Type ECG Devices 3-6 Lead Type ECG Devices 12-Lead Type ECG Devices Other Lead Type ECG Devices By End User Hospitals Home/Ambulatory Care research centres Diagnostic Centres Rehabilitation Centres Clinics Physician Offices Surgical Centres On the basis of geography North America market for diagnostic electrographs is analyzed under two regions namely United States and Canada. United States is the largest market for diagnostic electrocardiographs market due to technology innovations and extensive awareness about the advantages of electrocardiographs.
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Some of the major companies covered in the report are BPL Ltd, Cardiac Science Corp, Fukuda Denshi Co., Ltd, GE Healthcare, Medtronic, Inc, Philips Healthcare, Spacelabs Healthcare, Inc, Mortara Instrument, Inc, Midmark Corp, Mindray Medical International Ltd, Nihon Kohden Corp, Scottcare Corp, Schiller Ag, Welch Allyn Inc and Cardionet.
Scope of the North America Diagnostic Electro Cardiographs Market: Regional and country-level analysis that provides an innate perspective of USA and Canada Market to that of the North American region To detect major focus areas of industrial growth Segment-level analysis on basis of type, therapeutics, end-user along with market size forecasts and y-o-y estimations are provided Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics PESTLE and Porters Five Forces Analyses that examine the macro& micro environmental factors such as political influence, technological prowess, industry rivalry to name a few. An extensive listing of major market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies all rolled out into Competitive landscape Expertly devised Market Outlook comprising the Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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