Europe Ecg Equipment Market Forecast 2023-2032

Europe Ecg Equipment Market Forecast 2023-2032

KEY FINDINGS

The Europe ECG equipment market growth is estimated to progress at a CAGR of 5.67% during the forecast period, 2023 to 2032. The aging population, the implementation of supportive government initiatives and policies aimed at addressing the high rates of deaths and morbidity due to heart conditions, and the rising healthcare burden of cardiovascular diseases (CVDs) are set to facilitate the region’s market growth.

MARKET INSIGHTS

The United Kingdom, Italy, Spain, Belgium, Germany, France, Poland, and Rest of Europe are studied for the Europe ECG equipment market growth assessment. In Germany, the aging population is on the rise. As a result, the prevalence of cardiovascular diseases is also projected to increase since the elderly are more vulnerable to CVDs. Moreover, the most common reason for hospital stays is chronic heart failure, incurring high costs. As a result, ECG telemetry devices are estimated to minimize the cost of hospital stays in the country.

In Italy, CVD accounts for 37% of the total deaths. The country is also at high risk of stroke and hypertension. In addition, technological advancements in the healthcare sector have brought about considerable changes, which have further aided researchers in outlining such findings, leading to the development of new, hands-free ECG equipment.

One in every three people has major risk factors for cardiovascular disease in France, as per the Fondation de France, with CVDs evaluated to be the main reason for deaths. Furthermore, the country’s demand for ECG equipment is driven by collaborations between domestic web service providers and favorable government policies on medical devices. Hence, these factors are set to propel the Europe ECG equipment market growth during the forecast period.

COMPETITIVE INSIGHTS

Key players operating in the market are Welch Allyn, Schiller AG, ZOLL Medical Corporation, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments