ECG telemetry devices are highly useful in addressing the needs of patients that are highly susceptible to cardiac disorders and require continuous medical interventions but cannot afford to stay in hospitals or private clinics.
Albany, NY -- (SBWIRE) -- 07/13/2016 -- A new report by Transparency Market Research (TMR), titled "ECG Telemetry Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020," states that this market is witnessing a significant rise in its valuation. The increased demand for ECG telemetry devices in ambulatory care facilities and post-coronary care units has boosted this market remarkably in the recent times.
Download Complete Report Brochure:http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=362
ECG telemetry devices are extremely useful in addressing the requirements of patients suffering from cardiac disorders, who need constant medical interventions but are not able to stay in hospitals or private clinics.
According to the research report, the rising prevalence of cardiovascular diseases in developed economies is driving the growth of the global ECG telemetry devices market. Apart from this, the increasing demand for low-cost healthcare facilities in hospitals and efficient homecare monitoring devices is also propelling this market significantly.
On the other hand, the high cost of these devices and the continual need for the Internet to keep the wireless communication mode active are limiting the adoption of this market in emerging economies. However, the rise in investments to increase research and development activities for the advancement of these devices is likely to drive this market over the forecast period. The implementation of various government regulations aimed at the infrastructural development in the medical and healthcare sector is also expected to fuel this market in the coming years, states the research report.
In this report, the global market for ECG telemetry devices has been studied on the basis of its regional spread. Europe accounts for a major chunk of the overall revenue generated in this market. North America, specifically, the U.S., also contributes a considerable share in the total market revenue.
The increasing demand for home healthcare, availability of favorable reimbursement policies, and government interventions to control per capita healthcare expenditure are driving the ECG telemetry devices market in these regions. Asia Pacific is expected to witness healthy growth over the forecast period due to the increasing cases of cardiovascular diseases and the rise in healthcare expenditure in this region, states the market report.
The report also provides a competitive analysis of the worldwide market for ECG telemetry devices. Analysts have conducted SWOT analysis on major participants operating in this market to study their strengths and weaknesses and present insights into opportunities and threats that they may witnesses in the near future. Siemens Healthcare, Philips Healthcare, Nihon Kohden Corp., Cardiac Science Corp., Mindray Medical International Ltd., Aerotel Medical Systems Ltd., Welch Allyn Inc., Medtronic Inc., and GE Healthcare Inc. Ltd. are the leading ECG telemetry device manufacturers, mentioned in this research study.
Browse Full Report@ http://www.transparencymarketresearch.com/ecg-telemetry-devices-market.html
About Transparency Market Research
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company's exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR's data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Contact Us:
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: 518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com