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Market Research Report
Product code
1059330
Mobile ECG Devices Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type, Modality, and End User, and Geography |
Mobile ECG Devices Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type, Modality, and End User, and Geography |
Published: December 21, 2021
The Insight Partners
Content info: 173 Pages
Delivery time: 1-2 business days
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The mobile ECG devices market is projected to reach US$ 2,457.66 million by 2028 from US$ 1,770.35 million in 2021; it is estimated to grow at a CAGR of 4.8% from 2021 to 2028.
Factors such as increase in geriatric population and rise in incidence of cardiovascular diseases and heart-related conditions are driving the market growth. However, stringent regulatory requirements and technical issues hamper the market growth. The mobile ECG devices market in APAC is growing at a significant pace.
Based on modality, the mobile ECG devices market is segmented into handheld, pen, band, others. The handheld segment accounted for the largest market share in 2021. However, the band segment is expected to register the highest CAGR in the market during 2021-2028. Based on type, the mobile ECG devices market is bifurcated into monitoring ECG systems and diagnostics ECG systems. The monitoring ECG systems segment led the market in 2021 with a share of 60.39%, and it is expected to retain its dominance during the forecast period. Based on end user, the mobile ECG devices market is segmented into personal users, hospitals and clinics, and ambulatory services. The personal users segment held the largest market share in 2021 and is expected to register the highest CAGR of 5.1% during the forecast period.
The World Health Organization (WHO), Centers for Disease Control and Prevention (CDC), National government documents (https://nhm.gov.in), statistical databases and market reports, News articles, press releases, and web-casts specific to the companies operating in the market are among the primary and secondary sources referred to while preparing the report on the mobile ECG devices market.
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the mobile ECG devices market.
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the global mobile ECG devices market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.