ECG Telemetry Devices Market to Reach $909 Million by 2010, According to New Report by Global Industry Analysts, Inc.
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An expanding elderly population and subsequent rise in cardiovascular diseases are principal factors driving the demand for remote cardiac monitoring devices such as ECG telemetry systems. By the year 2010, the market for ECG Telemetry Devices is projected to reach $909 million. San Jose, California (PRWEB) April 15, 2008 -- ECG telemetry systems are employed in uninterrupted and remote monitoring of a patient's cardiac condition. The telemetry system enables wireless transmission of the patient's cardiac data to a remote station, where the data is observed, recorded, and analyzed for determining the future course of action. Exceptional rise in managed care services, and the ensuing cost-control measures have facilitated the expansion of sub-acute-care market. Telemetry systems find widespread application in such centers, wherein patients receive improved care involving lower expenditure. Substantial rise in specialized chest pain centers has also fostered the demand for ECG telemetry devices across the world. Central Display/Control/Recording stations represent the major product segment of the ECG telemetry devices market with an estimated share of 35% for 2008, as stated by Global Industry Analysts, Inc. The United States represents the largest regional market for ECG Telemetry Devices. Asia-Pacific is forecast to be the fastest growing markets over the review period 2005-2010. ECG telemetry devices market in Asia-Pacific is estimated at $103 million in 2008. The market for Central Display/Control/Recording stations market in the United States is projected to reach $116 million by 2010. Germany represents the leading market for ECG telemetry devices in Europe, with an estimated share of 24% for 2008. Patient digital transmitters market in Europe is likely to exhibit the fastest growth over the period 2000-2010. Leading market participants profiled in the report include Aerotel Medical Systems Ltd., Cardiac Science Corporation, CompuMed, Inc., Datascope Corp., eResearchTechnology, Inc., Fukuda Denshi Co. Ltd., GE Healthcare, Mennen Medical Ltd., Mortara Instrument, Inc., Nasiff Associates, Inc., Nihon Kohden Corporation, Philips Medical Systems, ScottCare Corporation, Siemens Medical Solutions USA, Inc., Spacelabs Healthcare, Inc., Welch Allyn, Inc. The report titled "ECG Telemetry Devices: A Global Strategic Business Report" published by Global Industry Analysts, Inc., analyzes the global and regional markets across four product segments, namely Patient Digital Transmitters, Electrical Leads, Distributed Receiving Antenna, and Central Display/Control/Recording Station. " The report covers major market dynamics, trends, and enumerates recent developments, mergers, acquisitions and other strategic industry activities. Analysis is presented for established and emerging markets including United States, Japan, France, Germany, United Kingdom, Italy, Asia-Pacific, and Latin America. For more details of this research report please visit http://www.strategyr.com/ECG_Telemetry_Devices_Market_Report.asp About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide. Global Industry Analysts, Inc.
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