ECG telemetry device is used to monitor and record the electrical activity of the heart, in which the device detects the electrical impulse generated by the polarization and depolarization of cardiac tissue and translate it into a waveform. This technique is used to detect the cardiac abnormalities and also to analyze the effect of drug or device that is used to regulate the heart. The ECG telemetry device can detect complex dysrhythmias and myocardial ischemia. The growing number of heart patients is a major driving factor for the Asia Pacific ECG telemetry devices market. ECG telemetry devices are widely accepted by both, patients as well cardiac healthcare service providers. These devices provide low-cost treatment, along with a precise and accurate home care monitoring service that would help to gain a better market share in the Asia Pacific cardiovascular disease market. Moreover, the favorable government initiatives toward data management and computerization of ECG records in the hospitals and healthcare sectors, drive the growth for the Asia Pacific ECG telemetry devices market.
The Asia Pacific ECG telemetric devices market, based on the location of testing is segmented into point of care testing and hospitals. Hospital segments hold a dominant share in the market. However, the handheld ECG telemetric devices are gaining attention in the current market scenario. Furthermore, the Asia Pacific ECG telemetric devices market is geographically segmented into, China, Japan, India, Australia and others. The Asia-Pacific is expected to grow at a significant rate due to increased government initiatives on the development of hospitals, computerizations, and infrastructure. The current healthcare infrastructure in the Asia-Pacific countries such as India, China, Japan and Australia is still under way. Significant opportunities exist for the development of new ECG telemetric devices in developing regions. Approximately half of the world’s burden of CVD is carried by the Asia-Pacific region. Therefore, the large patient population indicate an impending need for the ECG Telemetry device market.
KEY TAKE AWAYS
ASIA PACIFIC ECG TELEMETRIC DEVICES MARKET KEY SEGMENT
The Asia Pacific ECG telemetric devices market is segmented based on the testing location and geography.
Home Healthcare (point of care)