Market Research Report
Europe Ecg Equipment Market Forecast 2021-2028
|Europe Ecg Equipment Market Forecast 2021-2028|
Published: September 6, 2021
Content info: 154 Pages
Delivery time: 2-3 business days
The Europe ECG equipment market growth is estimated to progress at a CAGR of 5.72% during the forecast period, 2021-2028. The surging aging population and favorable regulations for ECG products offer ample growth opportunities.
France, Belgium, the United Kingdom, Germany, Poland, Russia, Italy, and Rest of Europe, are evaluated for the Europe ECG equipment market growth analysis. In Germany, the aging population is on the rise. As a result, the prevalence of CVDs (cardiovascular diseases) is also projected to increase since the elderly are more vulnerable to CVDs. Also, as per the WHO 2018 data, coronary heart disease deaths accounted for 24.95% of total deaths. In addition, deaths due to heart diseases were higher than in the US and the UK. Moreover, the most common reason for hospital stays is chronic heart failure, incurring high costs. As a result, ECG telemetry devices are estimated to minimize the cost of hospital stays.
In Italy, CVD accounts for 37% of the total deaths. Also, the country is at high risk of stroke and hypertension. In addition, technological advancements in the healthcare sector have brought about considerable changes. These have further aided researchers in outlining such findings, leading to the development of new, hands-free ECG equipment.
One in every three people has major risk factors for cardiovascular disease in France, as per the Fondation de France. Also, CVDs are evaluated to be the prominent reason for deaths. The country's market growth is driven by collaborations between domestic web service providers and favorable government policies on medical devices.
Some major firms include McKesson Corporation, Siemens Healthineers AG, Spacelabs Healthcare (Subsidiary of OSI Systems Inc), Biotelemetry Inc, GE Healthcare, etc.