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According to the Markets and Markets report, the global ECG cable and lead market demand is expected to increase from $2.
1 billion in 2021 to $3 billion in 2026, with a compound annual growth rate of 7.
5%.
Effective care for patients with cardiovascular diseases, technological advancements, and implementation of favorable government regulations and increasing geriatric population are the major factors
contributing to the growth of this market.
The market is mainly segmented into electrocardiogram (ECG) leads and ECG cables
.
The ECG lead market is segmented into 12-lead ECG leads, 5-lead ECG leads, 3-lead ECG leads, 6-lead ECG leads, single-lead ECG leads, and other ECG leads (15-18 leads).
In 2021, 12-lead wire had the largest
share of this market.
Much of this can be attributed to the widespread use by caregivers to diagnose acute myocardial infarction (AMI) and reduce the duration
of treatment.
In terms of materials, the ECG cable and lead market is segmented into TPE (thermoplastic elastomer), TPU (thermoplastic polyurethane), and other materials (silicone and PVC).
The TPE (thermoplastic elastomer) segment will have the highest
growth rate during the forecast period.
The majority of the share of this segment compared to other materials can be attributed to higher consistency, durability, shore hardness, and flexibility
.
The ECG cables and leads market is segmented into reusable and disposable cables and leads
.
The reusable cable and lead segment will have the highest
growth rate during the forecast period.
Based on the patient care environment, it is divided into hospitals and intensive care units (ICUs), long-term care facilities, clinics, and outpatient and home care centers
.
In 2021, the hospital and ICU segment accounted for the largest
share of ECG cables and leads.
A large part can be attributed to the increased burden of cardiovascular disease, which in turn increases the demand
for quality cardiology care.
From the perspective of regional market, North America is the largest regional market for the ECG cable and lead wire market
.
The global ECG cables and leads market is segmented into five major regions – North America, Europe, Asia Pacific, Latin America, and Middle East and Africa
.
North America had the largest share of the
ECG cable and lead wire market in 2021.
The growth in North America compared to other regions can be attributed to the rapidly increasing aging population and rising incidence of cardiovascular diseases
.
According to the Markets and Markets report, the global ECG cable and lead market demand is expected to increase from $2.
1 billion in 2021 to $3 billion in 2026, with a compound annual growth rate of 7.
5%.
Effective care for patients with cardiovascular diseases, technological advancements, and implementation of favorable government regulations and increasing geriatric population are the major factors
contributing to the growth of this market.
The market is mainly segmented into electrocardiogram (ECG) leads and ECG cables
.
The ECG lead market is segmented into 12-lead ECG leads, 5-lead ECG leads, 3-lead ECG leads, 6-lead ECG leads, single-lead ECG leads, and other ECG leads (15-18 leads).
In 2021, 12-lead wire had the largest
share of this market.
Much of this can be attributed to the widespread use by caregivers to diagnose acute myocardial infarction (AMI) and reduce the duration
of treatment.
In terms of materials, the ECG cable and lead market is segmented into TPE (thermoplastic elastomer), TPU (thermoplastic polyurethane), and other materials (silicone and PVC).
The TPE (thermoplastic elastomer) segment will have the highest
growth rate during the forecast period.
The majority of the share of this segment compared to other materials can be attributed to higher consistency, durability, shore hardness, and flexibility
.
The ECG cables and leads market is segmented into reusable and disposable cables and leads
.
The reusable cable and lead segment will have the highest
growth rate during the forecast period.
Based on the patient care environment, it is divided into hospitals and intensive care units (ICUs), long-term care facilities, clinics, and outpatient and home care centers
.
In 2021, the hospital and ICU segment accounted for the largest
share of ECG cables and leads.
A large part can be attributed to the increased burden of cardiovascular disease, which in turn increases the demand
for quality cardiology care.
From the perspective of regional market, North America is the largest regional market for the ECG cable and lead wire market
.
The global ECG cables and leads market is segmented into five major regions – North America, Europe, Asia Pacific, Latin America, and Middle East and Africa
.
North America had the largest share of the
ECG cable and lead wire market in 2021.
The growth in North America compared to other regions can be attributed to the rapidly increasing aging population and rising incidence of cardiovascular diseases
.
