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Increasing prevalence of Cardiovascular Diseases (CVDs) and high cholesterol among population are major factors driving ECG cables and lead wires market revenue

VANCOUVER, BC, CANADA, January 3, 2023 /EINPresswire.com/ -- The global Electrocardiogram (ECG) cables and lead wires market size was USD 4.24 Billion in 2021 and is expected to register a revenue CAGR of 7.4% during the forecast period, according to latest analysis by Emergen Research. Increasing prevalence of cardiovascular diseases and high cholesterol among population, implementation of ECG cables for patient monitoring purposes, and rising technological advancements in product design of ECG cables and lead wires are some of the key factors driving revenue growth of the market.

ECG cables, or electrode cable systems, are essential for connecting to patients and transmitting their cardiac signals to different monitoring recording devices for both diagnostic and monitoring purposes. Trained healthcare workers use electrode-equipped ECG cable in medical settings to monitor electrical activities of the heart. Cables of a particular type called ECG cables are often used in healthcare facilities. Electrodes placed on patients and these patient monitor cables work together to send electrical impulses required for myocardial testing.

The new report by Emergen Research titled, ‘Global Electrocardiogram Cables and Lead Wires Market Size, Share, Price, Trends, Report and Forecast 2022-2030’, gives an in-depth analysis of the global Electrocardiogram Cables and Lead Wires market, assessing the market based on its segments like source, product, industry, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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Some Key Highlights from the Report

The disposable segment accounted for largest revenue share in 2021. The risk of infection through these routes is reduced by disposable ECG leads. Adopting disposable ECG leads as part of an all-encompassing infection control approach can help to reduce infection rates in acute care facilities. Kendall DLTM ECG Cable and Lead Wire System is intended for use with a single patient and offers a trustworthy substitute for reused leads with added benefit of perhaps reducing Healthcare Associated Infection (HCAIs). Many different pieces of reusable monitoring equipment are used in various healthcare settings, which include blood pressure cuffs, ECG monitoring cables, and finger probes for pulse oximetry. As a result, a multimodal infection prevention strategy that incorporates ECG cable and lead wire system for single-patient use significantly reduces incidence of healthcare-associated infections, which significantly drives revenue growth of this segment.

The ECG cables segment is expected to grow at a steady CAGR during the forecast period. ECG cables provide non-invasive monitoring of electrical impulses produced by heart in addition to connecting the patient with various telemetry equipment, electrodes that have been applied, and bedside monitoring units. These high-end, reusable cables complement patient monitoring technologies and permit accurate measurements. ECG cables have undergone testing to guarantee optimum performance and their ability to endure bending and twisting. Electrodes were placed in certain locations and used to link to patient's chest.

The Europe market accounted for a significant revenue share in 2021. This is attributed to rising prevalence of cardiovascular diseases and high cholesterol among European population, favorable government regulations as well as rising R&D activities, projects, and Research and Development (R&D) activities, increased funding and partnerships between major companies, attractive medical reimbursement policies introduced by government as well as presence of a well-established healthcare infrastructure.

𝐋𝐢𝐬𝐭 𝐨𝐟 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 :

The prominent manufacturers operating in the market are  3M, Medtronic plc., Koninklijke Philips N.V., General Electric Company, AMETEK. Inc., Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Boston Scientific Corporation, B. Braun Melsungen AG, Curbell Medical Products, Inc., and OSI Systems, Inc. They have adopted various strategies, such as new product launches, mergers & acquisitions, expansions, partnerships, joint ventures, and others to strengthen their position in the market.

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Emergen Research has segmented the global ECG cables and lead wires market based on product type, material type, usability type, end-use, and region:

Product Type Outlook (Revenue, USD Billion; 2019-2030)

ECG Leadwires

5-lead ECG Leadwires

6-lead ECG Leadwires

12-lead ECG Leadwires

Single-lead ECG Leadwires

Other Leadwires

ECG Cables

Material Type Outlook (Revenue, USD Billion; 2019-2030)

Thermoplastic Elastomer

Thermoplastic Polyurethane

Others

Usability Type Outlook (Revenue, USD Billion; 2019-2030)

Reusable

Disposable

End-Use Outlook (Revenue, USD Billion; 2019-2030)

Hospitals & ICUs

Ambulatory Surgical Centers

Long-term care Facilities

Others

𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲@ https://www.emergenresearch.com/purchase-enquiry/1443

Leading businesses who are looking for new sources of income will find this research to be quite helpful in understanding the market and its underlying dynamics. It will be helpful for businesses looking to diversify into new markets or increase the scope of their current operations.

How will this Report Benefit you?

A 250-page report from Emergen Research includes 194 tables and 189 charts and graphics. Anyone in need of commercial, in-depth assessments for the global Electrocardiogram Cables and Lead Wires market, as well as comprehensive market segment analysis, can benefit from our new study. You can assess the whole regional and global market for Electrocardiogram Cables and Lead Wires with the aid of our recent study. To increase market share, obtain financial analysis of the whole market and its various segments. We think there are significant prospects in this industry for rapidly expanding energy storage technology. Look at how you may utilise the current and potential revenue-generating prospects in this sector. The research will also assist you in making better strategic decisions, enabling you to build growth strategies, strengthen competitor analysis, and increase business productivity.

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What Questions Should You Ask before Buying a Market Research Report?

• How is the Electrocardiogram Cables and Lead Wires market evolving?

• What is driving and restraining the Electrocardiogram Cables and Lead Wires market?

• How will each Electrocardiogram Cables and Lead Wires submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2030?

• How will the market shares for each Electrocardiogram Cables and Lead Wires submarket develop from 2022 to 2030?

• What will be the main driver for the overall market from 2022 to 2030?

• Will leading Electrocardiogram Cables and Lead Wires markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?

• How will the market shares of the national markets change by 2030 and which geographical region will lead the market in 2030?

• Who are the leading players and what are their prospects over the forecast period?

Thank you for reading our report. Customization of the report is available according to the requirements of clients. In case of further queries about the report, do get in touch with us. Our team will make sure your report is tailored according to your needs.

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The global Electrocardiogram (ECG) cables and lead wires market size was USD 4.24 Billion in 2021

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