Global Cardiovascular Device Market to Reach $1.2 Billion by 2017

The global market for cardiovascular monitoring and diagnostic devices is expected to reach $1.2 billion by 2017, according to a release from MarketResearch.com.

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The market would have a compound annual growth rate of 5 percent. Electrocardiograph monitoring equipment, the largest segment, was valued at $410.5 million in 2010 and is expected to grow by 4 percent a year.

 

The United States was the largest market for cardiovascular devices in 2010, accounting for 44 percent of the global market. Other product lines in this category include Holter monitoring systems, ECG stress testing systems, event monitoring systems, ECG data monitoring systems, cardiopulmonary stress testing systems, cardiovascular monitoring and diagnostic devices.

 

Read the MarketResearch.com release on cardiovascular devices.

 

Related Articles on Cardiovascular Devices:

Congressman Criticizes FDA Delays for Device Approvals

Study: Recalled Medical Devices Were Cleared Through Less-Stringent 510(k) Process

Top 10 Trends and Events Shaping Medtech in 2009 From Aaron Dickson of Millennium Research Group

 

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