Search jobs 06-May-2021 India Medical Technology Market Report 2021-2025: Major Players are Opto Circuits, Philips, Siemens, TTK Healthcare, and Appasamy Associates - ResearchAndMarkets.com
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Market is estimated to reach INR 1,674.63 Bn by 2025, expanding at a compound annual growth rate (CAGR) of ~22.75% during the forecast period.
Major players in the market include Opto Circuits Limited, Philips India Limited, Siemens Limited, TTK Healthcare Limited, and Appasamy Associates.
Medical technology involves the use of technology to develop cure-based systems that are used in hospitals. The medical technology market comprises players supplying health devices and instruments, diagnostic equipment and reagents, bionics, implants, disposables, and consumables. India appeared to be a profitable destination to major global players, owing to increase in income levels, private sector participation in healthca
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ECG monitoring devices are medical devices used to detect heart defects such as arrhythmias and ischemia. These are also used to evaluate the function of a pacemaker or automatic implantable cardioverter-defibrillator as well as in early diagnosis of symptoms of various cardiovascular diseases such as angina, palpitations, dyspnea, and syncope. Technological advances in sensors have allowed the production of wearable devices capable of tracking and capturing long-term cardiac impulses.
These systems may be used in out-of-hospital environments such as homes and public places, in the absence of traditional electrocardiogram (ECG) machines. For example, the Omron Healthcare offers HeartScan HCG-801 ECG Monitor is a cordless portable ECG monitor and shows heart rate (HR), rhythm, and ECG waveform on a high-resolution screen. Similarly, Zenicor-ECG, provided by Zenicor Medical Systems AB, is a handheld finger monitor, recorder and display device that makes