ECG Cables And ECG Lead Wires Market | Market Data Forecast 2024
Recent Developments
PeerBridge Health Inc. develops a wearable wireless vital sign monitoring technology. Its platform contains a wearable two-channel, three-lead ECG sensor that provides heart rate and rhythm information; and delivers health and hospital data to the cloud for doctors and consumers to communicate their health information.
By removing ECG associated multitude wires, Peerbridge Health improved ECG monitoring efficiency by creating of wireless electrocardiogram monitor – Peerbridge Cor which was patented in 2012 and cleared by the Food and Drug Administration (FDA) in October 2017. Cor devices have smallest on-body footprint for any wearable monitor which offers wireless multi-channels of ECG by water resistant electrodes for continuous remote monitoring of patient.
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Market Segmentations
Market Data Forecast published a report named ECG Cables and ECG Lead wires Market. According to the ECG Cables and ECG Lead wires Market Research Report, the market worth was USD 1504 Million in 2018 and estimated to be growing at a CAGR of 6.53%, to reach USD 2064 Million by 2023.
Report segmented by
Materials
- TPE (Thermoplastic elastomer)
- TPU (Thermoplastic polyurethane)
- others (Silicone, PVC)
Patient care setting
- hospitals
- long-term care facilities
- clinics and ambulatory
- home care.
In 2015, the reusable segment accounted for the major share in the global ECG cables and ECG lead wires market. Moreover, based on materials, the TPE (Thermoplastic elastomer) segment accounted for the largest share in the global ECG cables and ECG lead wires market.
Geographical Segmentation:
Based on geography, the market is analysed under various countries namely, North America, Latin America, Asia-Pacific, Middle East and Africa and Europe. North America is dominating the ECG Cables and ECG Lead wires Market and Asia-pacific is estimate to reach at highest rate.
Key market players in the market are -
- Becton
- 3M Company (U.S.)
- Welch Allyn, Inc. (U.S.)
- Dickinson and Company (U.S.)
- CONMED Corporation (U.S.)
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Scope of the report:
The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends are discuss in detail at the product level. Further, the performance of the market at the regional and country-level is assess and the prospects with huge growth potential identified and debated.
The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.
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