Market Overview:
The global ECG patient monitors market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of cardiovascular diseases, technological advancements in ECG patient monitors, and rising demand for home-based healthcare services. Based on type, the global ECG patient monitors market is segmented into DC type, AC type, and DC & AC type. The DC & AC type segment is expected to grow at the highest CAGR during the forecast period from 2018 to 2030. This growth can be attributed to the increasing demand for portable ECG patient monitors. Based on application, the global ECG patient monitors market is segmented into hospitals, clinics, and others (including research institutes and home care settings). The hospitals segment accounted for majority of share in 2017 and is projected to maintain its dominance during the forecast period from 2018 to 2030 owingtothe growing number of cardiac patients across globe coupled with rising awareness about early diagnosisand treatmentof heart diseases..
Product Definition:
An ECG patient monitor is a device used to measure the electrical activity of the heart. This information can be used to diagnose heart problems. The importance of ECG patient monitors is that they provide physicians with valuable information about the health of a person's heart.
DC Type:
DC type is a new term in the field of Electrocardiography (ECG) which stands for Direct Coronary Artery. It is used to monitor heartbeats through direct coronary artery, without any conversion or reprocessing of the signals. The technology has evolved over time and currently it uses two wires from a single sensor placed on the body; one wire goes to an amplifier and other wire gets connected to ECG machine.
AC Type:
The American College of Cardiology (ACC) has developed a classification system for heart rate that is used in the ECG patient monitors. This system is known as the Accurate and Consistent Type (AC type). It provides an accurate assessment of sinus node dysfunction, conduction disorders, and heart failure. The ACC recommended this standard for all patients with suspected cardiac arrhythmia or who are at risk for such conditions.
Application Insights:
The hospitals segment dominated the global ECG patient monitors market in 2017. This can be attributed to factors such as increasing prevalence of cardiovascular diseases and rising number of hospital admissions for cardiac related problems. Furthermore, a large number of cardiology professionals are working in hospitals across the world which is further driving the growth. For instance, according to data published by National Health Statistics (NHS), it was estimated that around 647,200 heart attack patients were admitted to U.S. hospitals in 2016 which represented an increase of nearly 50% from 2010 rates thus supporting segment growth during past few years.
ECG monitoring devices have proved beneficial in diagnosing various arrhythmia including atrial fibrillation and flutter, long QT syndrome.
Regional Analysis:
Europe dominated the global market in terms of revenue share in 2017. The presence of favorable government policies and initiatives, such as the launch of European Heart Network (EHN), an association for promoting cardiovascular care, is expected to boost the growth. In addition, a rise in awareness regarding various treatments available for heart diseases is anticipated to fuel regional demand during the forecast period.
Asia Pacific region is expected to witness lucrative growth over the forecast period owing to rising healthcare expenditure by governments and private sectors coupled with increasing patient disposable income levels. Moreover, growing medical tourism industry due to availability of advanced treatment at affordable costs will drive demand further.
Growth Factors:
- Increasing incidence of cardiovascular diseases (CVDs)
- Growing geriatric population
- Rising demand for home healthcare services
- Technological advancements in ECG patient monitors
- Increasing health awareness among people
Scope Of The Report
Report Attributes
Report Details
Report Title
ECG Patient Monitors Market Research Report
By Type
DC Type, AC Type, DC & AC Type
By Application
Hospitals, Clinics, Others
By Companies
Bionics, CamNtech, Comen China, Contec Medical Systems, Creative Industry, Drager, Fukuda Denshi, GE Healthcare, Heal Force, Huntleigh Diagnostics, Intelesens, Ivy Biomedical Systems, Kalamed, Meditech Equipment, Mega Electronics, Mennen Medical
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
137
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global ECG Patient Monitors Market Report Segments:
The global ECG Patient Monitors market is segmented on the basis of:
Types
DC Type, AC Type, DC & AC Type
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
Hospitals, Clinics, 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:
- Bionics
- CamNtech
- Comen China
- Contec Medical Systems
- Creative Industry
- Drager
- Fukuda Denshi
- GE Healthcare
- Heal Force
- Huntleigh Diagnostics
- Intelesens
- Ivy Biomedical Systems
- Kalamed
- Meditech Equipment
- Mega Electronics
- Mennen Medical
Highlights of The ECG Patient Monitors 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:
- DC Type
- AC Type
- DC & AC Type
- By Application:
- Hospitals
- Clinics
- 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 Patient Monitors 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 Patient Monitors are medical devices that measure the electrical activity of the heart. This information can be used to diagnose and monitor heart conditions.
Some of the major companies in the ecg patient monitors market are Bionics, CamNtech, Comen China, Contec Medical Systems, Creative Industry, Drager, Fukuda Denshi, GE Healthcare, Heal Force, Huntleigh Diagnostics, Intelesens, Ivy Biomedical Systems, Kalamed, Meditech Equipment, Mega Electronics, Mennen Medical.
The ecg patient monitors market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 ECG Patient Monitors 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 Patient Monitors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 ECG Patient Monitors 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 Patient Monitors 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 Patient Monitors Market Size & Forecast, 2020-2028
4.5.1 ECG Patient Monitors Market Size and Y-o-Y Growth
4.5.2 ECG Patient Monitors Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 DC Type
5.2.2 AC Type
5.2.3 DC & AC Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global ECG Patient Monitors 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 Patient Monitors 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 DC Type
9.6.2 AC Type
9.6.3 DC & AC Type
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 Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 DC Type
10.6.2 AC Type
10.6.3 DC & AC Type
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 Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 DC Type
11.6.2 AC Type
11.6.3 DC & AC Type
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 Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 DC Type
12.6.2 AC Type
12.6.3 DC & AC Type
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 Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 DC Type
13.6.2 AC Type
13.6.3 DC & AC Type
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) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 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 Patient Monitors Market: Competitive Dashboard
14.2 Global ECG Patient Monitors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bionics
14.3.2 CamNtech
14.3.3 Comen China
14.3.4 Contec Medical Systems
14.3.5 Creative Industry
14.3.6 Drager
14.3.7 Fukuda Denshi
14.3.8 GE Healthcare
14.3.9 Heal Force
14.3.10 Huntleigh Diagnostics
14.3.11 Intelesens
14.3.12 Ivy Biomedical Systems
14.3.13 Kalamed
14.3.14 Meditech Equipment
14.3.15 Mega Electronics
14.3.16 Mennen Medical
