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DUBLIN--(BUSINESS WIRE)--Apr 19, 2022--
The "Global 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 - Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.
The global ECG cables and leadwires market is projected to reach USD 3.0 billion by 2026 from USD 2.1 billion in 2021, at a CAGR of 7.5% during the forecast period.
The rising geriatric population, an increasing prevalence of cardiovascular diseases (CVD), technological advancements, and the implementation of favorable government regulations in developed countries are the major factors driving the ECG cables and leadwires market's growth.
ECG leadwires and ECG cables segment accounted for the largest share of the ECG cables and leadwires market, by type segment, in 2020
ECG cables and leadwires market is segmented into ECG leadwires and ECG cables. The ECG leadwires market is divided into 12-lead ECG leadwires, 5- lead ECG leadwires, 3-lead ECG leadwires, 6-lead ECG leadwires, single-lead ECG leadwire, and other ECG leadwires (15- and 18-lead ECG leadwires). In 2020, the 12-lead ECG leadwires segment accounted for the largest share of the ECG leadwires 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.
The hospitals & ICUs segment accounted for the largest share of the ECG cables and leadwires, by patient care setting segment, in 2020
Based on patient care setting, the ECG cables and leadwires 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 leadwires 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.
North America is the largest regional market for ECG cables and leadwires market
The global ECG cables and leadwires 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 ECG cables and leadwires market. The North American ECG cables and leadwires market growth can be attributed to the rapid increase in the aging population and rising cardiovascular disease rate as compared to other regions.
For more information about this report visit https://www.researchandmarkets.com/r/w1qjb6.
View source version on businesswire.com:https://www.businesswire.com/news/home/20220419006071/en/
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