A report by Global Industry Analysts say that the global market for ECG telemetry devices is estimated to reach $1.1bn by 2015.The market will be driven by increasing cases of cardiovascular diseases and an ageing population.In addition, an increase in the number of modern chest-pain clinics and technology innovations will promote the increased adoption of telemetry ECG systems.
The US represents the largest regional market for ECG telemetry devices in the world and, according to the report, the market will be driven by the increasing number of US citizens receiving home care. Asia-Pacific represents the fastest growing market for ECG telemetry devices. It is estimated to grow at a CAGR of more than 5% over the study period. Central display, control and recording stations is the largest product segment of ECG telemetry devices, while electrical leads will be the fastest growing, the report added.