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Global ECG cable and ECG lead wires Market to reach USD 2.45 billion by 2027.

Global ECG cable and ECG leadwires Market Size study, by Machine Type (12-Lead ECG Leadwires, 5-Lead ECG Leadwires, 3-Lead ECG Leadwires, 6-Lead ECG Lead wires, Single-Lead ECG Lead wires, Other ECG Lead wires), by Usability (Reusable Cables and Leadwires, Disposable Cables and Lead wires) and Regional Forecasts 2021-2027

Product Code: EESAC_62345390
Publish Date: 12-03-2021
Page: 200

Global ECG cable and ECG lead wires Market is valued approximately USD 1.66 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 5.7 % over the forecast period 2021-2027. ECG leads is a connection between patient applied electrodes and several telemetry and bedside monitoring units which used to allowing for non-invasive monitoring of electrical impulses generated by the human heart over a time period resulting in an electrocardiogram. The Rising Geriatric Population, increasing prevalence of cardiovascular diseases, growing health infrastructure has led the adoption of ECG cable and ECG lead wires across the forecast period. With the growing health infrastructure and technologies people adopting noninvasive techniques result in ECG cable market growth. For instance: In India as per the health ministry the 2021 budget’s proposed healthcare outlay of 2.24L crore represents roughly 6.5% of the government’s overall budget of 34.5L crore Although this represents a 137% increase in nominal terms over the 2020 budget, as per Statista England had the highest expenditure on health amounting to approximately 136 billion British pounds. However, High Cost of Disposable Cables impedes the growth of the market over the forecast period of 2021-2027. Also, with the increasing prevalence of injuries, the adoption & demand for ECG cable and ECG lead wires is likely to increase the market growth during the forecast period.

The regional analysis of global ECG cable and ECG lead wires Market is considered for the regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the significant region across the world in terms of market share as increase in spending in Research and Development activities, increase in ECG cable and ECG lead wires Market. Whereas, North America is also anticipated to exhibit highest growth rate over the forecast period 2021-2027. Factors such as increase in the consumption of ECG cable and ECG lead wires, Growth in research areas and improving healthcare infrastructure would create lucrative growth prospects for the ECG cable and ECG lead wires Market across Asia-Pacific region.

Major market player included in this report are:
Schiller AG
3M Compan
Becton, Dickinson and Company
Medtronic Public Limited Company
Koninklijke Philips N.V.
Welch Allyn, Inc.
Curbell Medical Products, Inc
Welch Allyn, Inc.
Conmed Corporation
OSI Systems, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Machine Type:
12-Lead ECG Leadwires
5-Lead ECG Leadwires
3-Lead ECG Leadwires
6-Lead ECG Leadwires
Single-Lead ECG Leadwires
Other ECG Leadwires
By usability:
Reusable Cables and Leadwires
Disposable Cables and Leadwires
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027

Target Audience of the Global ECG cable and ECG leadwires Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. ECG cable and ECG leadwires Market, by region, 2019-2027 (USD Billion)
1.2.2. ECG cable and ECG leadwires Market, by Machine Type, 2019-2027 (USD Billion)
1.2.3. ECG cable and ECG leadwires Market, by Usability, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global ECG cable and ECG leadwires Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global ECG cable and ECG leadwires Market Dynamics
3.1. ECG cable and ECG leadwires Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Growing health infrastructure
3.1.1.2. Rising Geriatric Population
3.1.2. Market Challenges
3.1.2.1. High Cost of Disposable Cables
3.1.3. Market Opportunities
3.1.3.1. increasing prevalence of injuries
Chapter 4. Global ECG cable and ECG leadwires Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global ECG cable and ECG leadwires Market, by Machine Type
5.1. Market Snapshot
5.2. Global ECG cable and ECG leadwires Market by Machine Type, Performance – Potential Analysis
5.3. Global ECG cable and ECG leadwires Market Estimates & Forecasts by Machine Type 2018-2027 (USD Billion)
5.4. ECG cable and ECG leadwires Market, Sub Segment Analysis
5.4.1. 12-Lead ECG Leadwires
5.4.2. 5-Lead ECG Leadwires
5.4.3. 3-Lead ECG Leadwires
5.4.4. 6-Lead ECG Leadwires
5.4.5. Single-Lead ECG Leadwires
5.4.6. Other ECG Leadwires
Chapter 6. Global ECG cable and ECG leadwires Market, by Usability
6.1. Market Snapshot
6.2. Global ECG cable and ECG leadwires Market by Usability, Performance – Potential Analysis
6.3. Global ECG cable and ECG leadwires Market Estimates & Forecasts by Usability 2018-2027 (USD Billion)
6.4. ECG cable and ECG leadwires Market, Sub Segment Analysis
6.4.1. Reusable Cables and Leadwires
6.4.2. Disposable Cables and Leadwires
Chapter 7. Global ECG cable and ECG leadwires Market, Regional Analysis
7.1. ECG cable and ECG leadwires Market, Regional Market Snapshot
7.2. North America ECG cable and ECG leadwires Market
7.2.1. U.S. ECG cable and ECG leadwires Market
7.2.1.1. Machine Type breakdown estimates & forecasts, 2018-2027
7.2.1.2. Usability breakdown estimates & forecasts, 2018-2027
7.2.2. Canada ECG cable and ECG leadwires Market
7.3. Europe ECG cable and ECG leadwires Market Snapshot
7.3.1. U.K. ECG cable and ECG leadwires Market
7.3.2. Germany ECG cable and ECG leadwires Market
7.3.3. France ECG cable and ECG leadwires Market
7.3.4. Spain ECG cable and ECG leadwires Market
7.3.5. Italy ECG cable and ECG leadwires Market
7.3.6. Rest of Europe ECG cable and ECG leadwires Market
7.4. Asia-Pacific ECG cable and ECG leadwires Market Snapshot
7.4.1. China ECG cable and ECG leadwires Market
7.4.2. India ECG cable and ECG leadwires Market
7.4.3. Japan ECG cable and ECG leadwires Market
7.4.4. Australia ECG cable and ECG leadwires Market
7.4.5. South Korea ECG cable and ECG leadwires Market
7.4.6. Rest of Asia Pacific ECG cable and ECG leadwires Market
7.5. Latin America ECG cable and ECG leadwires Market Snapshot
7.5.1. Brazil ECG cable and ECG leadwires Market
7.5.2. Mexico ECG cable and ECG leadwires Market
7.6. Rest of The World ECG cable and ECG leadwires Market

Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Schiller AG
8.2.1.1. Key Information
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Machine Summary
8.2.1.5. Recent Developments
8.2.2. 3M Compan
8.2.3. Becton, Dickinson and Company
8.2.4. Medtronic Public Limited Company
8.2.5. Koninklijke Philips N.V.
8.2.6. Welch Allyn, Inc.
8.2.7. Curbell Medical Products, Inc
8.2.8. Welch Allyn, Inc.
8.2.9. Conmed Corporation
8.2.10. OSI Systems, Inc.
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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