The report "ECG Cable and ECG Lead wires Market by Material (Thermoplastic Elastomer, TPU), Usability (Reusable, Disposable), ECG Leadwires by Machine Type (3 lead, 5 lead), Patient Care Setting (Long term care facilities, Home care) - Forecast to 2021", analyzes and studies the major market drivers, restraints, and opportunities in North America, Europe, Asia-Pacific, and the Rest of the World.
The ECG cables and ECG leadwires market witnessed considerable growth during the last decade and is expected to grow at a CAGR of 5.7% between 2016 and 2021 to reach USD 1.75 Billion by 2021.
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The ECG cables and ECG leadwires market is segmented based on material, usability, leadwires by machine type, patient care setting and regions. Based on ECG cables and ECG leadwires by materials, the market is split into three, namely, TPU (Thermoplastic polyurethane), TPE (Thermoplastic elastomer) and others (Silicone, PVC).
In 2015, the reusable segment accounted for the largest share in the global ECG cables and ECG leadwires market. And based on materials, the TPE (Thermoplastic elastomer) segment accounted for the largest share in the global ECG cables and ECG leadwires market.
North America held the largest share in the ECG cables and ECG leadwires market owing to the growing aged population and demand for remote monitoring ECG devices.
The market players namely, 3M Company (U.S.), Becton, Dickinson and Company (U.S.), Medtronic plc (Ireland), Koninklijke Philips N.V. (The Netherlands) and Mindray Medical International Limited (China), held major share of the ECG cables and ECG leadwires market.