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Wednesday, October 4, 2023

The Global ECG Cables and Lead Wires Market is Expected to Grow with a CAGR of 7.2% from 2024 to 2030

According to a market report by Lucintel, the future of the global ECG cables and lead wires market looks promising with opportunities in the hospitals & ICU, long-term care facility, clinic, and ambulatory & home care center markets. The global ECG cables and lead wires market is expected to reach an estimated $3.1 billion by 2030 with a CAGR of 7.2% from 2024 to 2030. The major drivers for this market are growing geriatric population, increasing prevalence of cardiovascular diseases, and rising number of technological advancements across the globe.

In this market, thermoplastic elastomer and thermoplastic polyurethane are the major segments of ECG cables and lead wires market by material.

Lucintel forecasts that thermoplastic elastomer is expected to witness highest growth over the forecast period due to its increased consistency, durability, shore hardness, and flexibility properties.

Within this market, hospitals & ICUs will remain the largest segment due to the growing cases of cardiovascular diseases, which drives the need for quality cardiology care.

North America is expected to witness highest growth over the forecast period due to the rapid increase in the cardiovascular disease rate and existence of well-established healthcare system in the region.

HeartBeam, AliveCor, QT Medical, GE Healthcare, OSI Systems, Becton Dickinson Company, Cardinal Healthcare, Boston Scientific Corporation, CONMED Corporation, and Siemens Healthineers are the major suppliers in the ECG cables and lead wires market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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