Market Overview:
The global medical ECG telemetry equipment market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of cardiovascular diseases, growing geriatric population, and technological advancements in ECG telemetry devices. Based on type, the resting ECG devices segment is expected to account for the largest share of the global medical ECG telemetry equipment market in 2018. This segment is also projected to grow at a higher CAGR than other segments during the forecast period. The large share and high growth rate of this segment can be attributed to factors such as rising incidence of heart diseases and technological advancements in resting ECG devices. Based on application, hospitals are expected to account for the largest share of the global medical ECG telemetry equipment market in 2018.
Product Definition:
The purpose of medical ECG telemetry equipment is to monitor the heart rhythm of a patient remotely. This equipment can be used in both hospitals and patients' homes, and it transmits data about the patient's heart rate and rhythm to a monitoring station. This information can be used by healthcare providers to diagnose potential cardiac problems and make treatment decisions.
Resting ECG Devices:
Rising prevalence of cardiovascular diseases and increasing geriatric population are the major factors driving the global market. According to a study published in 2015 in The Journal of Clinical Interventional Cardiology, it was observed that there is an increase in the incidence rate of atrial fibrillation with age which may lead to stroke or heart failure. This factor is expected to boost growth over the forecast period.
Stress ECG Devices:
Stress ECG devices are portable and battery-powered electronic devices that monitor the patient’s heart rate while taking care of other tasks simultaneously. It helps in monitoring the patient’s heart activity during times of stress, anxiety, or trauma. These devices record and transmit data to a medical expert via telemetry equipment for analysis.
Application Insights:
The hospitals segment dominated the global medical ECG telemetry equipment market in 2017. This can be attributed to factors such as a high prevalence of cardiovascular diseases and an increasing number of hospital admissions due to cardiac arrest. According to WHO, it is estimated that around 35% of all deaths occur in hospitals every year. Thus, demand for effective early detection and treatment at the earliest possible moment is expected to drive growth over the forecast period.
Stress testing or Holter monitoring is performed by most doctors during annual physical exams or when a patient complains about palpitations (awareness of heartbeats) or shortness of breath followed by sweating. These tests are also conducted during clinical trials that involve various levels of exertion such as hiking, running etc.
Regional Analysis:
North America dominated the global market in 2017. The presence of favorable government initiatives, increasing awareness about various disorders and diseases, and availability of highly skilled physicians are some major factors responsible for its growth. Moreover, the high adoption rate of new technologies is also expected to drive this regional market over the forecast period.
Asia Pacific is expected to grow at a lucrative rate during the forecast period owing to an increase in healthcare expenditure by governments as well as private sectors coupled with growing patient awareness levels regarding advanced medical devices such as ECG telemetry systems. In addition, economic development coupled with improvement in healthcare infrastructure will also boost demand for these devices over next eight years from 2018 to 2030 time frame.
Growth Factors:
- Increasing incidence of cardiovascular diseases (CVDs)
- Growing geriatric population
- Rising demand for home healthcare services
- Technological advancements in ECG telemetry equipment
- Growing awareness about the benefits of early diagnosis and treatment of CVDs
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical ECG Telemetry Equipment Market Research Report
By Type
Resting ECG Devices, Stress ECG Devices, Other
By Application
Home Healthcare, Hospitals
By Companies
GE Healthcare, Philips Healthcare, Medtronic, Aerotel Medical Systems Ltd., Hill-Rom, Norav, V-Patch, MICARD-LANA, ScottCare Corporation
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Medical ECG Telemetry Equipment Market Report Segments:
The global Medical ECG Telemetry Equipment market is segmented on the basis of:
Types
Resting ECG Devices, Stress ECG Devices, Other
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
Home Healthcare, Hospitals
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:
- GE Healthcare
- Philips Healthcare
- Medtronic
- Aerotel Medical Systems Ltd.
- Hill-Rom
- Norav
- V-Patch
- MICARD-LANA
- ScottCare Corporation
Highlights of The Medical ECG Telemetry Equipment 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:
- Resting ECG Devices
- Stress ECG Devices
- Other
- By Application:
- Home Healthcare
- Hospitals
- 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 Medical ECG Telemetry Equipment 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
- Market Entry Strategies
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- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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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?
Medical ECG telemetry equipment is a medical device that records the electrical activity of the heart. This equipment can be used to diagnose and monitor heart conditions.
Some of the key players operating in the medical ecg telemetry equipment market are GE Healthcare, Philips Healthcare, Medtronic, Aerotel Medical Systems Ltd., Hill-Rom, Norav, V-Patch, MICARD-LANA, ScottCare Corporation.
The medical ecg telemetry equipment market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Medical ECG Telemetry Equipment Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Medical ECG Telemetry Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Medical ECG Telemetry Equipment Market - Supply Chain
4.5. Global Medical ECG Telemetry Equipment Market Forecast
4.5.1. Medical ECG Telemetry Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Medical ECG Telemetry Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Medical ECG Telemetry Equipment Market Absolute $ Opportunity
5. Global Medical ECG Telemetry Equipment Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Medical ECG Telemetry Equipment Market Size and Volume Forecast by Type
5.3.1. Resting ECG Devices
5.3.2. Stress ECG Devices
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Medical ECG Telemetry Equipment Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Medical ECG Telemetry Equipment Market Size and Volume Forecast by Application
6.3.1. Home Healthcare
6.3.2. Hospitals
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Medical ECG Telemetry Equipment Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Medical ECG Telemetry Equipment Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Medical ECG Telemetry Equipment Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Medical ECG Telemetry Equipment Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Medical ECG Telemetry Equipment Demand Share Forecast, 2019-2026
9. North America Medical ECG Telemetry Equipment Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Medical ECG Telemetry Equipment Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Medical ECG Telemetry Equipment Market Size and Volume Forecast by Application
9.4.1. Home Healthcare
9.4.2. Hospitals
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Medical ECG Telemetry Equipment Market Size and Volume Forecast by Type
9.7.1. Resting ECG Devices
9.7.2. Stress ECG Devices
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Medical ECG Telemetry Equipment Demand Share Forecast, 2019-2026
10. Latin America Medical ECG Telemetry Equipment Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Medical ECG Telemetry Equipment Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Medical ECG Telemetry Equipment Market Size and Volume Forecast by Application
10.4.1. Home Healthcare
10.4.2. Hospitals
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Medical ECG Telemetry Equipment Market Size and Volume Forecast by Type
10.7.1. Resting ECG Devices
10.7.2. Stress ECG Devices
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Medical ECG Telemetry Equipment Demand Share Forecast, 2019-2026
11. Europe Medical ECG Telemetry Equipment Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Medical ECG Telemetry Equipment Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Medical ECG Telemetry Equipment Market Size and Volume Forecast by Application
11.4.1. Home Healthcare
11.4.2. Hospitals
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Medical ECG Telemetry Equipment Market Size and Volume Forecast by Type
11.7.1. Resting ECG Devices
11.7.2. Stress ECG Devices
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Medical ECG Telemetry Equipment Demand Share, 2019-2026
12. Asia Pacific Medical ECG Telemetry Equipment Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Medical ECG Telemetry Equipment Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Medical ECG Telemetry Equipment Market Size and Volume Forecast by Application
12.4.1. Home Healthcare
12.4.2. Hospitals
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Medical ECG Telemetry Equipment Market Size and Volume Forecast by Type
12.7.1. Resting ECG Devices
12.7.2. Stress ECG Devices
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Medical ECG Telemetry Equipment Demand Share, 2019-2026
13. Middle East & Africa Medical ECG Telemetry Equipment Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Medical ECG Telemetry Equipment Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Medical ECG Telemetry Equipment Market Size and Volume Forecast by Application
13.4.1. Home Healthcare
13.4.2. Hospitals
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Medical ECG Telemetry Equipment Market Size and Volume Forecast by Type
13.7.1. Resting ECG Devices
13.7.2. Stress ECG Devices
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Medical ECG Telemetry Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Medical ECG Telemetry Equipment Market: Market Share Analysis
14.2. Medical ECG Telemetry Equipment Distributors and Customers
14.3. Medical ECG Telemetry Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GE Healthcare
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Philips Healthcare
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Medtronic
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Aerotel Medical Systems Ltd.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hill-Rom
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Norav
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. V-Patch
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. MICARD-LANA
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. ScottCare Corporation
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
