What is Stress Test Equipment Market?
According to United States Centers for Disease Control and Prevention, one person dies every 36 seconds in the United States from cardiovascular disease and about 655,000 Americans die from heart disease each year. The stress test is a test that determines the risk of having heart disease. There are different types of stress tests performed such as exercise electrocardiogram, treadmill test, graded exercise test or stress EKG. Stress test equipment used to induce physical stress to get a reading of the vital heart and lung information of the patient, which is used by healthcare providers. The factors such as Increased Prevalence of Cardiovascular Diseases among People due to Sedentary Lifestyle and Increased Number of Diagnostic Centres and Hospitals are driving the global stress test equipment market.
The market study is being classified by Type (Bench Top Equipment, Portable Equipment and Wearable Equipment), by Application (Hospitals, Clinics and Others) and major geographies with country level break-up.
Med-Electronics (United States), Welch Allyn (United States), BPL Medical Technologies Pvt Ltd (India), GE Healthcare (United States), Schiller AG (Switzerland), Clarity Medical Pvt. Ltd. (India), OSI Systems, Inc. (United States), Koninklijke Philips N.V. (Netherands), MGC Diagnostics (United States) and Custo Med GmbH (Germany) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Mortara Instrument (United States) and Henry Schein, Inc. (United States).
There are various companies that are operating in the new geographical regions by adopting various market growth initiatives such as mergers & acquisitions, expansions, investments, and others. There are various new market players are entering the market to capture market growth opportunities. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Stress Test Equipment market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Stress Test Equipment market by Type, Application and Region.
On the basis of geography, the market of Stress Test Equipment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increased Prevalence of Cardiovascular Diseases among People due to Sedentary Lifestyle
- Increased Number of Diagnostic Centres and Hospitals
- Increasing awareness among People about Cardiac and Respiratory Diseases
- Less Awareness about Stress Testing among People in Developing Regions
- Growth in the Geriatric Population Worldwide
- Growing Healthcare Industry Around the Globe
- Stringent Government Rules and Regulations
Key Target AudienceStress Test Equipment Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies, Research Professionals and End-users
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