Diagnostic Electrocardiograph Market Size, Share, Growth Analysis, By Product(Devices (Resting ECG Devices, Stress ECG Devices, Holter Monitors, Event Monitors), By Lead Type(12-Lead ECG Devices, 5-Lead ECG Devices, 3-Lead ECG Devices, 6-Lead ECG Devices), By End User(Hospitals, Clinics, And Cardiac Centers, Ambulatory Surgery Centers), By Region - Industry Forecast 2024-2031

Diagnostic Electrocardiograph Market Drivers

High Prevalence of Chronic Diseases in Geriatric Population

• High growth in geriatric population along with an increasing risk for the development of various cardiovascular diseases and growing consumer awareness towards availability of several non-invasive techniques are key factors expected to drive the growth of the global diagnostic electrocardiograph (ECG) market during the forecast period.
• Furthermore, growing prevalence of chronic heart diseases especially in western countries owing to changes in lifestyle and consumer eating habits are further anticipated to boost the global market over the coming years. According to our findings, around 850,000 people have a heart attack every year in the United States. Out of these, nearly 605,000 attacks are a first heart attack.

Diagnostic Electrocardiograph Market Restraint

Limited Knowledge Regarding Electrocardiograph Device Usage

• Lack of awareness regarding the use of electrocardiograph for the diagnosis of diseases is the major factor expected to hamper the growth of the global diagnostic electrocardiograph (ECG) market over the forecast period. Moreover, Unavailability of skilled workers and service providers is also hindering the growth of the global market over the coming years.