Increasing Prevalence of Cardiovascular Diseases and Development and Launch of New Products to Augment Growth of ECG Monitoring Systems Market
Electrocardiogram or ECG is a graphical chart of the electrical activity of your heart measured via electrodes placed just above the skin surface. It is the most important test for interpretation of the cardiac rhythm, detection of myocardial ischemia and infarction, conduction system abnormalities, preexcitation, long QT syndromes, atrial abnormalities, ventricular hypertrophy, pericarditis, and other conditions. Market Dynamics Increasing prevalence of cardiovascular diseases is expected to propel growth of the global ECG monitoring systems market over the forecast period. For instance, according to the American Heart Association's Heart and Stroke Statistics 2020 Update, by 2035, 45.1% of the U.S population is projected to have some form of cardiovascular disease. Total costs of cardiovascular disease are expected to reach $1.1 trillion in 2035, with direct medical costs projected to reach $748.7 billion and indirect costs estimated to reach US$ 368 billion. Moreover, inc...