CHICAGO, April 6, 2022 /PRNewswire/ -- According to the new market research report "ECG Cables and Lead Wires Market by Material (Thermoplastic Elastomer, TPU), Usability (Reusable, Disposable), Type (12-Lead, 6-Lead, 5-Lead, 3-Lead), Patient Care Setting (Hospitals, ICUs, Home Care, Ambulatory) & Region - Global Forecast to 2026", published by MarketsandMarkets™, the global ECG Cables and Lead Wires Market is projected to reach USD 3.0 billion by 2026 from USD 2.1 billion in 2021, at a CAGR of 7.5%.
Browse in-depth TOC on "ECG Cables and Lead Wires Market"
199 – Tables
63 – Figures
268 – Pages
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=34598493
The policy programs to provide effective care to patients with cardiovascular diseases (CVD), technological advancements, and the implementation of favorable government regulations and rising geriatric population. Emerging economies such as China, Japan, and India are providing lucrative opportunities for the players operating in the market.
ECG lead wires and ECG cables segment accounted for the largest share of the ECG cables and lead wires market, by type segment, in 2020.
ECG cables market is segmented into ECG lead wires and ECG cables. The ECG lead wires market is divided into 12-lead ECG lead wires, 5- lead ECG lead wires, 3-lead ECG lead wires, 6-lead ECG lead wires, single-lead ECG lead wire, and other ECG lead wires (15- and 18-lead ECG lead wires). In 2020, the 12-lead ECG lead wires segment accounted for the largest share of the ECG lead wires and ECG cables market. The large share of this segment can be attributed to the wide usage by paramedics to diagnose acute myocardial infarction (AMI) and reduce treatment time.
TPE (thermoplastic elastomer) segment to register the highest growth rate during the forecast period.
ECG cables and lead wires market is segmented into TPE (thermoplastic elastomer), TPU (thermoplastic polyurethane), and other materials (silicone and PVC). In 2020, the TPE segment accounted for the largest share of the ECG cables and lead wires. The large share of this segment can be attributed to the increased consistency, durability, shore hardness, and flexibility offered compared to other materials.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=34598493
Reusable cables and lead wires segment to register the highest growth rate during the forecast period.
ECG cables market is segmented into reusable and disposable cables and lead wires. In 2020, the reusable cables and lead wires segment accounted for the largest share of the ECG cables and lead wires market. The huge share of this segment is mainly due to the low prices associated with the adoption of reusable cables and lead wires and because these types are majorly adopted in the developing regions.
The hospitals & ICUs segment accounted for the largest share of the ECG cables and lead wires, by patient care setting segment, in 2020.
Based on patient care setting, the lead wires market is segmented hospitals & ICUs, long-term care facilities, clinics, and ambulatory and home care centers. In 2020, hospitals & ICUs accounted for a larger share of the ECG cables and lead wires market. The large share of this segment can be attributed to the growing burden of cardiovascular diseases, which in turn is increasing the need for quality cardiology care.
Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=34598493
North America is the largest regional market for ECG cables and lead wires market.
The global ECG cables market is segmented into five major regions—North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa. In 2020, North America accounted for the largest share of the market. The North American lead wires market growth can be attributed to the rapid increase in the aging population and rising cardiovascular disease rate as compared to other regions.
The major players operating in this ECG Cables and Lead Wires Market are Cardinal Health, Inc. (US), 3M Company (US), Becton, Dickinson and Company (US), GE Healthcare (US), Koninklijke Philips N.V. (Netherlands), Abbott Laboratories (US), Boston Scientific Corporation (US), CONMED Corporation (US), OSI Systems, Inc. (US), Mindray Medical International Limited (China), Welch Allyn, Inc. (US), Curbell Medical Products, Inc. (US), Schiller AG (US), Siemens Healthineers AG (Germany), Dräger (Germany), Shanghai Berry Electronic Tech Co., Ltd (China), Unimed Medical Supplies Inc. (China), Amydi-med Electronic Technology Co., Ltd. (China), MedLink Electronics Tech Co. Ltd., (China), Sorimex (Poland), Nuova Gmbh (Germany), LUMED (Italy), UpnMed Equipment Co., Ltd.(China), Carlisle Medical Technologies (US), and LifeLine Medical, Inc. (US).
Browse Adjacent Markets: Medical Devices Market Research Reports & Consulting
Browse Related Reports:
Patient Monitoring Devices Market by Product (EEG, MEG, TCD, Pulse Oximeter, Spirometer, Fetal Monitor, Temperature Monitoring, MCOT, ECG, ICP, ILRs, Blood Glucose Monitoring, Blood Pressure Monitor), End-User (Hospitals, ASCs) - Global Forecast to 2025
https://www.marketsandmarkets.com/Market-Reports/patient-healthcare-monitoring-systems-devices-market-678.html
Diagnostic Electrocardiograph (ECG) Market By Product (Resting ECG, Stress, Mobile Cardiac Telemetry Device, Implantable Loop Recorder) and Service, By Lead Type (12-lead, 6-lead, 5- lead), End User, and Region - Global Forecast to 2024
https://www.marketsandmarkets.com/Market-Reports/Diagnostic-ECG-global-Market-173.html
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/ecg-cable-and-lead-wire-market.asp
Visit Our Web Site: https://www.marketsandmarkets.com
Content Source: https://www.marketsandmarkets.com/PressReleases/ecg-cable-and-lead-wire.asp
SOURCE MarketsandMarkets
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article