Press Release
Press Release
The market for ECG device is being driven by the rising awareness regarding cardiovascular diseases. This is further leading to the importance of patient monitoring devices like ECG device as they are easy to operate and show quick results. The market is further expected to be aided by the advancements in ECG devices and the rise in the global disease burden over the forecast period. Further, the market is enhancing as a result of established market players, in conjunction with OEMs and small players that are expanding their markets in the emerging economies to enhance their market share. In addition, the market is further fuelled by the high competitiveness among the market players. All these factors are expected to aid the market growth over the forecast period as well.
Koninklijke Philips N.V. (NYSE: PHG), a global leader in health technology, announced in July 2021 the launch of pre-hospital wireless monitoring solution for emergency medical response in the United States. The software platform offers rapid, real-time transfer of clinical data and events, two-way communication, interactive ECG measurement, and more, facilitating transport decisions and rapid clinical support. Such innovations are expected to aid the market growth over the forecast period.
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General Electric Company, Koninklijke Philips N.V., Schiller AG, Fukuda Denshi Co., Ltd., Nihon Kohden Corporation, EDAN Instruments, Inc., and BPL Medical Technologies Private Limited, among others, are the key players in the global ECG device market. The EMR report looks into the capacity, market share, and latest developments of these major players like plant turnarounds, mergers and acquisitions, and capacity expansions.
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