Asia Pacific Ecg Equipment Market Forecast 2018-2026
KEY FINDINGS The revenue generated by the Asia Pacific ECG Equipment market is expected to catapult from $ 1203 million in 2017 and reach $ 2153 million by 2026 over the forecast period of 2018-2026, on account of a CAGR of 6.72%.
MARKET INSIGHTS High prevalence of heart diseases and increasing use of monitoring devices to cater to the needs of the growing population, combined with the supportive regulatory atmosphere are some of the factors which are propelling the growth of the Asia-Pacific ECG equipment market. China accounted for the highest revenue share of the APAC ECG equipment market in 2017. However, it is the Indian ECG equipment market that is set to race ahead with the fastest CAGR. The country has abundant resources and workforce base and has some of the most world’s most sought-after surgeons for cardiac diseases.
COMPETITIVE INSIGHTS Siemens Healthcare, Nihon Kohden Corporation, Cardionet, Welch Allyn, Mortara Instruments Inc, Cardiac Science, Schiller AG and, Spacelabs Healthcare Inc are some of the renowned market companies in this region.