Title: ECG Monitoring Market Opportunities
1ECG Monitoring System Market - Size, Share,
Growth, Current Trends, and Global Forecast 2020
2SYNOPSIS
The report provides market analysis, information
and insights into ECG Monitoring System Market -
Size, Share, Growth, Current Trends, and Global
Forecast 2020 About ECG Monitoring System
Market ECG Monitoring Systems are medical
devices, which identify and give information
about abnormal functioning of the heart. Rest ECG
recorders, ECG stress testing systems, event
recorders and Holter monitors are the part of ECG
Monitoring systems. Cardiovascular diseases
such as coronary heart diseases and strokes are
estimated to be the leading cause of deaths
worldwide. In order to prevent cardiovascular
diseases, ECG Monitoring systems are used to
detect abnormal heart functioning in patients.
They also help in diagnosis and in maintaining
normal functioning of the heart. View more
details _at_ http//www.bigmarketresearch.com/ECG-mon
itoring-system-market
3KEY MARKET BENEFITS
- In-depth analysis of the global ECG monitoring
systems market, which is segmented into type and
geography, provides better understanding of the
market. - Quantitative analysis of the current market
scenario as well as the future estimations
through 2013-2020 would help stakeholders
understand the future prospects of the market. - The report analyses the factors that are driving
and limiting the growth of the market. - Analysis of trends in various regions would help
the companies to plan their strategies depending
on the geographic region. - Analysis of key strategies adopted by market
players would assist in providing in-depth
understanding of the market intelligence. -
4KEY MARKET SEGMENTS
- Market is segmented based on type and geography.
-
- KEY MARKET SEGMENTS
-
- MARKET BY TYPE
-
- Rest ECG Monitoring Systems
- Stress ECG Monitoring Systems
- Holter Monitoring Systems
- Event Monitoring Systems
-
- MARKET BY GEOGRAPHY
-
- North America
- Europe
- Asia-Pacific
- LAMEA
5MARKET OVERVIEW
The major factors that drive the growth of this
market are the rise in cardiovascular fatalities,
increasing number of cardiovascular incidences,
and growing healthcare expenditures. However,
lack of awareness regarding personal health and
the cost associated with these devices hinders
the growth of this market. The demand for ECG
monitoring systems would grow due to the increase
in the number of people suffering from
cardiovascular diseases. GE Healthcare, Philips
Healthcare, Nihon Kohden, Schiller AG, Opto
Circuits, OSI Systems Fukuda Denshi Co Ltd.,
Johnson and Johnson, and Medtronic are some of
the players in the market. Product launch and
acquisitions are the major competitive strategies
adopted by these players. In Apr 2014, GE
Healthcare introduced a new MAC 2000 resting ECG
system, which helps to avoid variations in ECG
information and provides accurate information
about patients medical condition.
6SUMMARY
According to Porters Five Forces analysis, the
bargaining power of suppliers is high as they
provide differentiated products in the market and
the bargaining power of buyers is moderate due to
low switching cost and cost sensitivity. Threat
from substitutes is minimal as substitute devices
are inferior in performance and quality as
compared to branded devices. Competition in the
market is intense with the presence of a number
of competitors. Threat from new entrants is low
as brand names are well-known and profitability
requires economies of scale. SWOT analysis helps
in determining the internal and external
environmental factors for strategic business
planning. An analysis of key players and their
strategies helps in developing the market entry
and expansion strategy. In-depth analysis of
the global ECG monitoring systems market, which
is segmented into type and geography, provides
better understanding of the market. Enquire
About Report _at_ http//www.bigmarketresearch.com/re
port-enquiry/22950
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