The high cost of advanced ambulatory electrocardiography devices, which offer features like wireless and long-term monitoring, is a major challenge in the market. These devices are expensive due to significant R&D and manufacturing costs, limiting access for hospitals, diagnostic centers, and patients. To increase market penetration, companies need to develop more affordable systems without sacrificing technology and performance.
Market Opportunity - Advancements in wearable technology for continuous monitoring
The ambulatory electrocardiography market is expanding due to advancements in wearable technology, such as smart patches and fabrics with electrocardiography sensors. These innovations, such as Wireless or AI Ambulatory ECG Systems, enable long-term, remote patient monitoring, providing valuable diagnostic data over extended periods. The growing use of wearables is driving the demand for electrocardiography devices, and companies should focus on creating portable, user-friendly, and affordable solutions to boost market adoption.
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