ECG Equipment & Management System Market Size Is Estimated To Reach $33.41 Billion By 2025: Grand View Research, Inc.
The global ECG equipment and management market is expected to reach USD 7.63 million by 2025, according to a new report by Grand View Research, Inc. Increase in geriatric population across the world coupled with rise in cardiac diseases are likely to drive the market during the forecast period. Furthermore, increase in investment by various market players and government agencies for development and commercialization of various sensitive and easy-to-use equipment is likely to drive market growth. For instance, in April 2017, CardioComm Solutions, Inc. entered into a conglomerate with CareSpan USA Inc. to incorporate CardioComm's cloud-based ECG analysis tools into CareSpan’s Virtual Clinic. This would help in remote analysis of 1, 3, and 12 lead ECG data for online patient care. In September 2017, the U.S. FDA approved app-driven, easy-to-clean, and fully reusable ECG device manufactured by NimbleHeart. The device wraps around user’s torso and is used without electr...