Diagnostic Electrocardiography Devices Market: Global Industry Analysis and

Forecast 2015 - 2021

Persistence Market Research

Diagnostic Electrocardiography Devices

Market: Global Industry Analysis and
Forecast 2015 - 2021

Persistence Market Research

Diagnostic Electrocardiography Devices Market: Global Industry Analysis and

Forecast 2015 - 2021
Persistence Market Research Released New Market Report on Diagnostic
Electrocardiography Devices Market: Global Industry Analysis and Forecast 2015 - 2021.
Diagnostic Electrocardiography (ECG) Devices essentially work on the principle to sense the
cardiac electrical signals through electrodes, which are recorded and transmitted into graphical
images. Consequently, ECG interpretation is used for diagnosing cardiac diseases such as
arrhythmia, myocardial infarction and other such conditions resulting from damage to the heart
muscles, conductive tissue, which transmits cardiac electrical signals. The market has been
segmented based on device type, ECG data management systems, Resting ECG systems,
Stress ECG Testing System, Ambulatory ECG devices, Holter ECG Monitors, ECG Recorder,
Transmitter and PageWriter Cardiographs and Mobile Cardiac Outpatient Telemetry (MCOT)
devices. The drivers for growth will be an increasing prevalence and higher predisposition for
cardiac diseases due to global rise in obesity, along with sedentary and other lifestyle factors.
According to American Heart Association (AHA) estimates, arrhythmia affects nearly 4 million
U.S. with close to half million deaths due to arrhythmia citizens on an annual basis. Therefore,
as a diagnostic tool ECG despite being established in the market for a long period will continue
to grow with next generation ECG technology. Recently advances include loop recorders that
can be implanted in patients body for recording cardiac rhythms for an extended duration.
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The American Recovery and Reinvestment Act, 2009 provides financial incentives for adoption
of EMRs by 2015. This widespread adoption of electronic medical databases globally will act as
an incentive for diagnostic ECG data management solutions because electrocardiograms are an
important component of patients medical records. ECG data management solutions and
telemetry provide beat-by-beat recording for post-operative management of coronary artery bypass graft (CABG). However, they are incapable of monitoring patients during their mobility as
they are fixed post-installation. To overcome these limitations, potable ECG event monitors
penetrated the market for sub-acute cardiac rhythm monitoring for short durations. Similarly,
Mobile Cardiac Outpatient Telemetry (MCOT) based on cellular capabilities is another
technological advancement. CardioNet has established itself as a market leader through MCOT
ECG solutions, which has witnessed an explosive growth in the market. Further, MCOT devices
are now coupled with enhanced features e.g. expanded memory and light sensors. Thus,
MCOS device technology is under constant innovation and has been the latest evolution in the
diagnostic ECG device market. For instance, CardioSecur, is the first ECG device based on an
iPhone. This segment is expected to grow rapidly because of higher precision and detection,
enhanced patient compliance and post-operative care. Geographically, the demand for these

Persistence Market Research

Diagnostic Electrocardiography Devices Market: Global Industry Analysis and

Forecast 2015 - 2021
devices will be shaped by sharp differences in market penetration based on the tradeoff
between cost and technological aspects.
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There is a growing demand for ECG data management solutions in developed countries in
North America and Europe for streamlining patient data management. Many vendors are
therefore bundling technology by eliminating the need for stand-alone ECG devices in
developed countries. Following on the demand for affordable ECG devices, GE Healthcare
introduced portable MAC 800 ECG in the emerging markets. Certain other market players are
using the strategy of combining two or more technology under a single diagnostic ECG device.
The market for diagnostic ECG devices is undergoing rapid transformation in its landscape, as
new market players are gaining entry through innovative products. Some of the key players
operating in the diagnostic electrocardiography devices market include Aerotel Medical Systems
(1988) Ltd., CardioComm Solutions, Inc. F. Hoffmann-La Roche Ltd., GE Healthcare, Laboratory
Corporation of America Holdings (Labcorp), Personal MedSystems GmbH, Philips Healthcare,
Mortara Instrument, Inc., Schiller AG and Siemens Corporation among others.
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Key points covered in the report:1. Report segments the market on the basis of types, application, products, technology, etc
(as applicable)
2. The report covers geographic segmentation
North America
Europe
Asia
RoW
3. The report provides the market size and forecast for the different segments and
geographies for the period of 2010 to 2020
4. The report provides company profiles of some of the leading companies operating in the
market
5. The report also provides porters five forces analysis of the market.
Browse the full All Upcoming Persistence Market's report at
http://www.persistencemarketresearch.com/forthcoming-reports.asp
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Persistence Market Research

Diagnostic Electrocardiography Devices Market: Global Industry Analysis and

Forecast 2015 - 2021
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