The global Electrocardiographs market is valued at 4,769 million USD in 2017 and is expected to reach 7,375 million USD by the end of 2025, growing at a CAGR of 5.6% between 2017 and 2025.
Factors influencing this growth of ECG (Electrocardiograph) market include the increasing geriatric population, more advanced technologies, and the rising prevalence of cardiovascular diseases.
Electrocardiograph is a non-invasive medical test that records the electrical activity of the heart over a period of time using electrodes placed on the skin. These electrodes detect the tiny electrical changes on the skin that arise from the heart muscle’s electrophysiologic pattern of depolarizing and repolarizing during each heartbeat.
ECG monitoring devices help detect and record information about abnormal functioning of the heart. As the population with cardiovascular disease started to increase across the globe, the demand for ECG also increases for medical professionals to make a definite diagnosis.