ECG Stress Test Market Analysis

ECG Stress Test Market Analysis

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Based on product type, the ECG stress test market is segmented into exercise testing systems, stress blood pressure monitors, stress ECG, and pulse oximeters. The exercise testing systems segment is anticipated to account for major revenue share of over 49% in 2022 in the market. This is primarily attributed to the ability of exercise testing systems to assess integrative exercise responses including the pulmonary, cognitive, haematopoietic, circulatory, and skeletal muscle systems which are not completely reflected by individual organ system function measurements.
 

 

Based on end-use, the ECG stress test market is segmented into hospitals, diagnostic centers, ambulatory surgical centers, and others. The hospitals segment held a majority revenue share in 2022 and is anticipated to witness fastest growth with a CAGR of 8.4% throughout the forecast period. Surge in the number of individuals affected by heart and lung ailments, growing awareness, facilitative reimbursement schemes and availability of better care facilities among others are prime factors responsible for increasing patient footfall in hospital settings.
 

Additionally, presence of well-trained and equipped healthcare personnel, availability of better infrastructure and advanced equipment, along with supportive government schemes focusing on reducing the heart related disease burden will further fuel the segment growth.

North America ECG stress test market is expected to reach over USD 1.6 billion in 2032. Rising awareness pertaining to early detection of heart and lungs related disorders is projected to support the market landscpae. The U.S. market is predicted to experience substantial expansion in the near future, due to the large number of patients suffering from various illnesses, particularly cardiovascular and pulmonary conditions like arrhythmia, ischemic heart disease, and heart failure. For instance, as per the data reported by Centers for Disease Control and Prevention 2019 report, over 454,000 hospitalizations for Atrial fibrillation (AFib), the most common type of heart arrhythmia, were reported in the U.S.