Steady growth in world cardiac diagnostics market
This article was originally published in Clinica
Executive Summary
The world market for cardiac diagnostic and monitoring equipment is set to grow from $509 million in 1995 to $647 million by 2001, says a new report from Frost & Sullivan. Cardiac telemetry systems will increase their share of the market from 33% in 1994 to 40% in 2001 while standard ECGs will slide from 38% to 34% and long-term ECGs from 29% to 25% over the same period. Compound annual growth for the sector will be 3.9% to 2001.