Market Overview:
The global ECG equipment and management system market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of cardiovascular diseases, technological advancements in ECG equipment, and rising demand for home-based ECG monitoring systems. By type, the global ECG equipment and management system market is segmented into holter monitors, resting ECG systems, stress ECG monitors, event monitoring systems, and others (ECG management system and remote patient monitoring). The holter monitor segment is expected to account for the largest share of the global market in 2018. This can be attributed to its growing use as a diagnostic tool for detecting cardiac arrhythmias. By application, the hospital segment is expected to account for the largest share of the global market in 2018.
Product Definition:
An ECG equipment and management system is a computerized system that stores, manages, and retrieves ECG data. The system helps to improve patient care by providing quick access to information about a patient's history.
Holter Monitors:
Holter monitors are used to record the cardiac rhythm and they are placed on the body. It is a diagnostic device that helps in monitoring heartbeats for longer duration. The data obtained from this monitor is helpful in analyzing certain conditions such as arrhythmia, or if a person has been exposed to toxic substances which can cause heart-related problems.
The global Holter monitors, it's usage.
Resting ECG System:
The global R&D activities in the field of cardiac monitors and ECG equipment have increased significantly over the past few years. This has led to continuous product development, which is expected to drive growth of this market during the forecast period. The introduction of technologically advanced products such as portable or mobile ECG devices with wireless connectivity is anticipated to fuel growth over the next six years.
Application Insights:
The hospital application segment dominated the global market in 2017. The segment is expected to witness a CAGR of XX% over the forecast period owing to factors such as increasing prevalence of cardiovascular diseases and rising awareness about early diagnosis among patients. Furthermore, an increase in healthcare spending by governments as well as private organizations is anticipated to fuel industry growth during the forecast period.
Clinic application accounted for 21% share of total revenue in 2017 due to high usage rate and adoption of automated ECG equipment at clinics along with management system for effective data collection, storage, and analysis across various units within a clinic or between clinics and hospitals. Automated ECG equipment has proved beneficial over conventional methods such as paper printouts because it provides faster results with improved accuracy; this factor is likely to contribute towards higher penetration rate at clinics during the forecast period.
Regional Analysis:
Europe dominated the global market in terms of revenue share in 2017. The presence of favorable government initiatives and increasing demand for home healthcare are some factors responsible for its largest share. Furthermore, growing awareness regarding cardiac diseases and an increase in the geriatric population are also contributing to its growth.
Asia Pacific is expected to grow at a lucrative rate over the forecast period owing to various factors such as improving economic status, high unmet medical needs coupled with rapidly developing healthcare infrastructure & services along with rising patient awareness levels about early diagnosis of heart diseases & hypertension which results into higher adoption rates Holter monitors, rest ECG systems, stress ECG monitors and event monitoring systems among others). Moreover, increasing investments by governments as well as private players would boost growth further. For instance; In May 2018; Medtronic plc., a U.S.
Growth Factors:
- Increasing incidence of cardiovascular diseases (CVDs)
- Growing geriatric population
- Rising demand for early diagnosis and treatment of CVDs
- Technological advancements in ECG equipment & management systems
- Increasing healthcare expenditure
Scope Of The Report
Report Attributes
Report Details
Report Title
ECG Equipment & Management System Market Research Report
By Type
Holter Monitors, Resting ECG System, Stress ECG Monitors, Event Monitoring Systems, ECG Management System, Others
By Application
Hospital, Clinic, Laboratory, Others
By Companies
BioTelemetry, Compumed, GE, Mindray Medical, Hill Rom, NIHON KOHDEN CORPORATION, Philips, Schiller, Spacelabs, Hill-Rom
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global ECG Equipment & Management System Market Report Segments:
The global ECG Equipment & Management System market is segmented on the basis of:
Types
Holter Monitors, Resting ECG System, Stress ECG Monitors, Event Monitoring Systems, ECG Management System, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic, Laboratory, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BioTelemetry
- Compumed
- GE
- Mindray Medical
- Hill Rom
- NIHON KOHDEN CORPORATION
- Philips
- Schiller
- Spacelabs
- Hill-Rom
Highlights of The ECG Equipment & Management System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Holter Monitors
- Resting ECG System
- Stress ECG Monitors
- Event Monitoring Systems
- ECG Management System
- Others
- By Application:
- Hospital
- Clinic
- Laboratory
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the ECG Equipment & Management System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
ECG Equipment & Management System (EEMS) is a software application used to manage and monitor the performance of ECG equipment. EEMS allows clinicians to view real-time data from ECG machines, identify abnormalities, and initiate corrective actions.
Some of the major companies in the ecg equipment & management system market are BioTelemetry, Compumed, GE, Mindray Medical, Hill Rom, NIHON KOHDEN CORPORATION, Philips, Schiller, Spacelabs, Hill-Rom.
The ecg equipment & management system market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 ECG Equipment & Management System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 ECG Equipment & Management System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 ECG Equipment & Management System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the ECG Equipment & Management System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global ECG Equipment & Management System Market Size & Forecast, 2018-2028
4.5.1 ECG Equipment & Management System Market Size and Y-o-Y Growth
4.5.2 ECG Equipment & Management System Market Absolute $ Opportunity
Chapter 5 Global ECG Equipment & Management System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 ECG Equipment & Management System Market Size Forecast by Type
5.2.1 Holter Monitors
5.2.2 Resting ECG System
5.2.3 Stress ECG Monitors
5.2.4 Event Monitoring Systems
5.2.5 ECG Management System
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global ECG Equipment & Management System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 ECG Equipment & Management System Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Laboratory
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global ECG Equipment & Management System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 ECG Equipment & Management System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America ECG Equipment & Management System Analysis and Forecast
9.1 Introduction
9.2 North America ECG Equipment & Management System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America ECG Equipment & Management System Market Size Forecast by Type
9.6.1 Holter Monitors
9.6.2 Resting ECG System
9.6.3 Stress ECG Monitors
9.6.4 Event Monitoring Systems
9.6.5 ECG Management System
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America ECG Equipment & Management System Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Laboratory
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe ECG Equipment & Management System Analysis and Forecast
10.1 Introduction
10.2 Europe ECG Equipment & Management System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe ECG Equipment & Management System Market Size Forecast by Type
10.6.1 Holter Monitors
10.6.2 Resting ECG System
10.6.3 Stress ECG Monitors
10.6.4 Event Monitoring Systems
10.6.5 ECG Management System
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe ECG Equipment & Management System Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Laboratory
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific ECG Equipment & Management System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific ECG Equipment & Management System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific ECG Equipment & Management System Market Size Forecast by Type
11.6.1 Holter Monitors
11.6.2 Resting ECG System
11.6.3 Stress ECG Monitors
11.6.4 Event Monitoring Systems
11.6.5 ECG Management System
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific ECG Equipment & Management System Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Laboratory
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America ECG Equipment & Management System Analysis and Forecast
12.1 Introduction
12.2 Latin America ECG Equipment & Management System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America ECG Equipment & Management System Market Size Forecast by Type
12.6.1 Holter Monitors
12.6.2 Resting ECG System
12.6.3 Stress ECG Monitors
12.6.4 Event Monitoring Systems
12.6.5 ECG Management System
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America ECG Equipment & Management System Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Laboratory
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) ECG Equipment & Management System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) ECG Equipment & Management System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) ECG Equipment & Management System Market Size Forecast by Type
13.6.1 Holter Monitors
13.6.2 Resting ECG System
13.6.3 Stress ECG Monitors
13.6.4 Event Monitoring Systems
13.6.5 ECG Management System
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) ECG Equipment & Management System Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Laboratory
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 ECG Equipment & Management System Market: Competitive Dashboard
14.2 Global ECG Equipment & Management System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BioTelemetry
14.3.2 Compumed
14.3.3 GE
14.3.4 Mindray Medical
14.3.5 Hill Rom
14.3.6 NIHON KOHDEN CORPORATION
14.3.7 Philips
14.3.8 Schiller
14.3.9 Spacelabs
14.3.10 Hill-Rom
