ECG Equipment Market in India 2011

The Indian ECG Equipment market will likely to experience a significant growth in coming years. The market is highly competitive one with huge number of domestic and foreign players are operating in the market. Most of the companies are manufacturing low cost equipments particularly for the Indian market. Gradual advancement in ECG technology is acting as one of the major driving force for the Indian market.

The report provides a snapshot of the ECG market. It begins with an introduction section which offers an outlook of the market segmentation. The market overview section provides an insight into the market size and segmentation. Import and export figures for ECG equipments, in terms of value have been provided in the next section.

An analysis of the drivers explains the factors for growth including high prevalence of coronary heart diseases, changing demographics, growing awareness and changing insurance coverage structure and increasing disposable income. Key challenges include highly competitive market, inadequate health facilities in rural areas and lack of knowledge of ECG data interpretation among the physicians. The market trends section describes some of the key trends observed in the market including technological up gradation, increasing use of telemedicine and healthcare IT.

The competition section highlights the features of the major players operating in the market. It includes a brief profile of the major domestic and foreign players in the market along with their financials.