United Kingdom diagnostic electrocardiograph market is expected to register robust growth in the forecast period, 2023-2027.
Increase in Number of Cases of Cardiovascular Stimulates the Market Growth
The growing incidences of cardiovascular and lifestyle-related disorders, including ischemic heart disease, stroke, peripheral artery disease, and hypertensive heart disease, are increasing the risk of heart failure-related mortality. Along with this, the rising cases of lifestyle related ailments due to the sedentary lifestyles and unhealthy dietary habits are escalating the cardiovascular diseases across the United Kingdom.
Rise in the Healthcare Expenditure is Projected to Boost the Market Growth
The expanding elderly population owing to the arrhythmias across the globe which is due to the changes in cardiac anatomy induced by cardiomyopathy, coronary artery disease, diabetes, sleep apnea, and excessive blood pressure. All these factors are growth-inducing factor for diagnostic electrocardiograph market.
Continuous Technological Progression in Healthcare Industry Fuels the Market Growth
Continuous advancements in the technology including the development of wireless monitoring and wearable ECG devices, along with the novel product launches by several market competitors which drives the growth of the market. Ambulatory ECG technology, such as Holter monitors, provide high-quality data acquisition over time, enabling doctors to see trends and identify the causative problems more quickly. With the rapid technological advancement, AI-enabled ECG offers better real-time evaluation of data utilizing quality assessment algorithms embedded directly in edge devices. This, in turn, is expected to propel the market growth in the forthcoming years across United Kingdom.
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Market Segmentation
The United Kingdom diagnostic electrocardiograph market is segmented into product type, channel, end user regional distribution, and competitive landscape. Based on product type, the market is divided into resting ECG devices, stress ECG devices, holter monitors, others. Based on channel, the market is divided into 12-channel, 5-channel, 3-channel, 6-channel, single-channel. Based on end user, the market is segmented into hospitals & clinics, ambulatory surgical centers, cardiac care centers, others. The United Kingdom Diagnostic electrocardiograph market is studied in major regions namely London, Southeast, East Anglia, Scotland, Southwest, East Midlands, Yorkshire & Humberside, Rest of United Kingdom.
Market Players
Philips Medical Systems UK Limited, GE Healthcare UK Limited, Nihon Kohden UK Limited, Hill-Rom UK Limited, AliveCor, Beijing Choice Electronic Tech Co., Ltd. (ChoiceMMed), Seca GmbH, Omega Surgical Instrument Suppliers Ltd are the key market players operating in United Kingdom diagnostic electrocardiograph market.
Attribute | Details |
Base Year | 2021 |
Historic Data | 2017 – 2020 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027 |
Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments covered | · Product Type · Channel · End User |
Regional scope | London, Southeast, East Anglia, Scotland, Southwest, East Midlands, Yorkshire & Humberside, Rest of United Kingdom |
Key companies profiled | Philips Medical Systems UK Limited, GE Healthcare UK Limited, Nihon Kohden UK Limited, Hill-Rom UK Limited, AliveCor, Beijing Choice Electronic Tech Co., Ltd. (ChoiceMMed), Seca GmbH, Omega Surgical Instrument Suppliers Ltd |
Customization scope | 10% free report customization with purchase. Addition or alteration to regional & segment scope. |
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