Dublin, July 03, 2023 (GLOBE NEWSWIRE) -- The "ECG Cable and ECG Lead Wires: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for ECG Cable and ECG Lead Wires estimated at US$1.6 Billion in the year 2022, is projected to reach a revised size of US$2.6 Billion by 2030, growing at a CAGR of 5.9% over the analysis period 2022-2030.
Thermoplastic Elastomer, one of the segments analyzed in the report, is projected to record a 6.4% CAGR and reach US$1.2 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Thermoplastic Polyurethane segment is readjusted to a revised 5.7% CAGR for the next 8-year period.
The U.S. Market is Estimated at $651.9 Million, While China is Forecast to Grow at 7.9% CAGR
The ECG Cable and ECG Lead Wires market in the U.S. is estimated at US$651.9 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$298.5 Million by the year 2030 trailing a CAGR of 7.9% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.6% and 5.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$249.1 Million by the year 2030.
Select Competitors (Total 97 Featured) -
- 3M Company
- B. Braun Melsungen AG
- Cardinal Health Inc.
- Conmed Corporation
- Curbell Medical Products, Inc.
- Dragerwerk Ag & Co. KgaA
- General Electric Company
- Koninklijke Philips N.V.
- Mindray Medical International Limited
- SPACELABS HEALTHCARE
- Schiller Americas Inc.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 580 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $1.6 Billion |
| Forecasted Market Value (USD) by 2030 | $2.6 Billion |
| Compound Annual Growth Rate | 6.3% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- The Race Between the Virus & Vaccines Intensifies. Amidst this Chaotic Battle, Where is the World Economy Headed?
- Progress on Vaccinations: Why Should Businesses Care?
- Significance of Electrocardiography in COVID-19 Management to Support Market Growth
- ECG Machines Help Doctors Identify COVID-19 Patients at Risk of Heart Complications
- Competitive Scenario
- ECG Cable and ECG Lead Wires - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Global Market Prospects & Outlook
- With IMF's Upward Revision of Global GDP Forecasts, Most Companies are Bullish about an Economic Comeback Despite a Continuing Pandemic
- A Strong Yet Exceedingly Patchy & Uncertain Recovery Shaped by New Variants Comes Into Play: World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
- Easing Unemployment Levels in 2021 Although Moderate Will Infuse Hope for Industries Reliant on Consumer Discretionary Incomes: Global Number of Unemployed People (In Million) for Years 2019, 2020, 2021, and 2022
- Disposable ECG Cables and Lead Wires to Boost Long-term Growth
- Developing Economies to Spearhead Long-term Growth
- Electrocardiography: A Prelude
- An Introduction to ECG Cable and ECG Lead Wires
- Electrocardiographic (ECG) Leads
- Electrodes and Leads in ECGs
- Lead Fail Detection
- Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Healthy Growth of Electrocardiography Systems Market Promises Growth for ECG Cables and Lead Wires Market
- Global ECG Device Market Size (in US$ Billion) for the Years 2020, 2022, 2024 & 2026
- Growing Prevalence of Cardiovascular Diseases to Fuel Demand for ECG Cables and Lead Wires
- Types of Cardiovascular Diseases (CVDs)
- Global Annual Medical Cost of CVD in US$ Billion: 2010, 2015, 2020, 2025 and 2030
- Hypertension Prevalence (%) Worldwide by Region in Male and Females Aged 25+ Years
- Fatalities by Heart Conditions: Estimated Percentage Breakdown for Cardiovascular Disease, Ischemic Heart Disease, Stroke, and Others
- Expanding Elderly Population Susceptible to Cardiovascular Diseases Drive Need for ECG Cable and Lead Wires
- Global Aging Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
- Elderly Population (65+ Years) as a % of Total Population by Developed, Less Developed and Least Developed Regions: 2019 & 2030
- Life Expectancy at Age 60 and 80 Years: (2010-2015), (2020-2025) & (2045-2050)
- Risk of Coronary Artery Disease in Obesity Presents Prospects for ECG Monitoring Devices & Accessories
- Obesity Prevalence Rate (%) in Select Countries for the Years 2019 and 2030P
- Average Per Capita Annual Health Expenditure (In US$) due to Obesity
- High Threat of Cross-Contamination Amidst COVID-19 Outbreak Turns Focus onto Disposable ECG Cables and Lead Wires
- Leading Nosocomial Infections in the US: Percentage Breakdown of Healthcare Cost by Infection Type
- Disposable ECG Cables and Lead Wires Market: High Growth Prospects
- COVID-19 Pandemic Drives Strong Preference for Disposable ECG Leads
- Technological Advancements and Innovations to Boost Market Prospects
- Study Proposes All-ECG with 12-Lead ECG Tracking
- Listening to Heart and Measuring ECG Remotely
- ISO/IEC Focus on Development of New Standard for ECG Medical Equipment
- Wearable ECG Technology Threatens Conventional ECG Monitoring, Affecting Lead Wires and Cables Market
- Consistent Rise in Healthcare Spending Worldwide to Drive Market Opportunities
- World Healthcare Expenditure (In US$ Trillion) for the Years for 2017, 2019, 2021 and 2023
- Elderly Healthcare Expenditure as a % of GDP in the US, Europe and Japan for 1970, 2010 and 2050
- Key Challenges in ECG Technology and Design
- ECG Lead Positioning Errors Disrupt Management and Stratification Efforts for Cardiac Patients
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/7pbohb
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