United Kingdom Diagnostic Electrocardiograph Market to Be Dominated By 3-Channel Till 2027
The growing cases of hypertensive
heart disease which leads to heart failure is anticipated to fuel the growth of
the diagnostic electrocardiograph market in the forecast period,
2023-2027.
According to TechSci Research report, “United Kingdom Diagnostic Electrocardiograph
Market By Region, Competition Forecast & Opportunities, 2027”, the United Kingdom diagnostic electrocardiograph market
is expected to witness growth at a significant rate in 2023-2027. Diagnostic
electrocardiography involves the procedure of electrical indications related
with cardiac actions and yields a graphic record of voltage against time. ECG
aids in diagnosis and treating some categories of heart diseases, also
determine the response of an individual to drug treatment and reveals changes
in heart activities. The expansion in geriatric population along with an
increased risk of development of cardiovascular diseases is propelling the
market growth. The rising awareness among people regarding availability of
non-invasive techniques are contributing to the growth of the diagnostic
electrocardiograph (ECG) market. In addition to this, the elevating prevalence
of chronic heart diseases in United Kingdom led by lifestyle modification and
dietary habits has escalated the demand for reliable testing devices such as diagnostic
electrocardiograph devices which supports the market growth. Major organizations
are also focusing on developed countries for expansion and product launches on
account of the growing demand created by health conscious people and the
availability of cheap labor and land at an affordable cost to setup their
manufacturing units which promotes the market growth. Favorable government
reimbursement policies, development of healthcare infrastructure, and extensive
investments in R&D activities by public and private sectors are some of the
significant factors bolstering growth of the diagnostic electrocardiograph
(ECG) market.
However, shortage of skilled personnel
for the operation of electrograph devices are projected to hamper the growth of
the diagnostic electrocardiograph (ECG) market over the forecast period.
Browse over XX market data Figures spread through 70 Pages and an in-depth TOC on "United Kingdom Diagnostic Electrocardiograph Market"
The United Kingdom diagnostic
electrocardiograph market is segmented into product type, channel, end user regional distribution, and competitive
landscape.
Based on product type, the market is
divided into resting ECG devices, stress ECG devices, Holter monitors, others. Stress ECG devices is projected to hold the
largest share in the market in the forecast years, 2023-2027. Rising stress
levels especially among the young population is bolstering the product demand.
With this, the growing number of patients visiting the hospitals for the heart
related problems is expected to boost the growth of this segment.
Based on channel, the market is divided
into 12-channel, 5-channel, 3-channel, 6-channel, single-channel. 3-channel is expected to dominate the
market in the forecast period, 2023-2027. This is owing to the usability of
diagnostic ECG with several other cardiac diagnostic tests, telemetry
monitoring, and in medical procedures including emergencies, cardiac diagnostic
tests, and heart disease management.
Based on end user, the market is
segmented into hospitals & clinics, ambulatory surgical centers, cardiac
care centers, others. Hospitals & clinics is estimated to witness the
significant growth in the market in the coming years, 2023-2027. This is attributed
to the high burden of several cardiovascular diseases, which, in turn, is inflating
the need for quality cardiology care and elevating the number of patient visits
to physician offices for the diagnosis of CVD, and the availability of
reimbursements for Holter & event monitors across developed markets.
Various key market players operating in
the United Kingdom diagnostic electrocardiograph market is:
- Philips Medical Systems UK Limited
- GE Healthcare UK Limited
- Nihon Kohden UK Limited
- Hill-Rom UK Limited
- AliveCor
- Beijing Choice Electronic Tech Co., Ltd.
(ChoiceMMed)
- Seca GmbH
- Omega Surgical Instrument Suppliers Ltd
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“The elevating prevalence of cardiovascular diseases and
lifestyle-related diseases, such as ischemic heart disease, stroke, peripheral
artery, and hypertensive heart disease which augments the growth of the market.
With this, the expanding elderly population base, supportive compensation
policies, and developing healthcare infrastructure are aiding to the growth of
the diagnostic ECG market across United Kingdom. The rise in the government
funding is estimated to offer potential opportunities for the growth of the
diagnostic electrocardiograph (ECG) market. Furthermore, continuous
technological enhancements in electrocardiograph devices coupled with the
development of remote monitoring devices are predicted to further propel the
market for diagnostic electrocardiograph till 2027” said Mr. Karan Chechi, Research Director with TechSci
Research, a research based global management consulting firm”.
“United Kingdom
Diagnostic Electrocardiograph Market By Product Type (Resting ECG Devices,
Stress ECG Devices, Holter Monitors, Others), By Channel (12-Channel,
5-Channel, 3-Channel, 6-Channel, Single-Channel), By End User (Hospitals &
Clinics, Ambulatory Surgical Centers, Cardiac Care Centers, Other), By Region,
Competition Forecast & Opportunities, 2027has analyzed the future growth potential
of United Kingdom diagnostic electrocardiograph market and provides statistics
& information on market size, structure and future market growth. The
report intends to provide cutting-edge market intelligence and assist decision
makers take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with significant drivers, challenges, and
opportunities in United Kingdom diagnostic electrocardiograph market.
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