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Diagnostic Electrocardiograph (ECG) Market by Product, End-user & by Lead Type - Global Forecast to 2020 - Product Image

Diagnostic Electrocardiograph (ECG) Market by Product, End-user & by Lead Type - Global Forecast to 2020

  • ID: 2890309
  • June 2014
  • Region: Global
  • 148 Pages
  • Markets and Markets
The overall market was valued at $3,683 million in 2013 and is poised to grow at a CAGR of 5.7% by 2020.

FEATURED COMPANIES

  • Cardionet Inc.
  • Compumed Inc.
  • Ge Healthcare
  • Mortara Instrument, Inc.
  • Nihon Kohden Corporation
  • Royal Philips Healthcare
  • MORE

Diagnostic Electrocardiograph (ECG) Market by Product (Resting, Stress, Holter Monitor), End-user (Hospitals, Home/Ambulatory, Research Center, Physician Office, Nursing Homes) & by Lead Type (Single, 3-6, 12) - Global Forecast to 2020

The global diagnostic ECG market in the resting system segment had the largest share of the total diagnostic ECG market in 2013 and will continue to grow in the next five years to retain the leading position by 2020. The high growth in holter monitor segment is attributed to the low costs and space efficiency. Factors such as technological advancements in communication, low power circuit design for better and safer ECG devices, portable features with lower power consumption, more accuracy and capacity to incorporate the latest diagnostic features are driving the diagnostic ECG market.

North America accounted for the largest market share in the diagnostic ECG market, whereas the APAC region is expected to register the highest growth rate due to its enormous growth opportunities and manufacturing cost benefits. The large patient base and increasing income levels are also expected to propel the growth of this market. The diagnostic ECG READ MORE >

The overall market was valued at $3,683 million in 2013 and is poised to grow at a CAGR of 5.7% by 2020.

FEATURED COMPANIES

  • Cardionet Inc.
  • Compumed Inc.
  • Ge Healthcare
  • Mortara Instrument, Inc.
  • Nihon Kohden Corporation
  • Royal Philips Healthcare
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Report Description
1.3 Markets Covered
1.4 Stakeholders
1.5 Market Scope
1.6 Research Methodology
1.6.1 Market Size Estimation & Data Triangulation
1.6.2 Key Data From Secondary Sources
1.6.3 Key Data Points From Primary Sources
1.6.4 Assumptions

2 Executive Summary

3 Premium Insights
3.1 Global Diagnostic ECG Market
3.2 Global Diagnostic ECG Market Dynamics
3.3 Global Diagnostic Electrocardiograph Market, By Product
3.4 Global Diagnostic ECG Market, By Lead Type
3.5 Global Diagnostic Electrocardiograph Market, By End User

4 Market Overview
4.1 Introduction
4.2 Market Segmentation
4.3 Market Dynamics
4.3.1 Drivers
4.3.1.1 Increasing Incidences of Lifestyle Diseases & Cardiovascular Diseases
4.3.1.2 Increasing Geriatric Population to Propel the Need of Monitoring Devices
4.3.1.3 Technological Advancements & Remote Monitoring
4.3.1.4 Government Regulations in Favor of Monitoring Devices
4.3.2 Restraints
4.3.2.1 Unstable Economic Circumstances and Market Saturation
4.3.2.2 Unstable Reimbursement Policies
4.3.3 Opportunities
4.3.3.1 Untapped Emerging Markets
4.3.3.2 Mergers & Acquisitions and Joint Ventures
4.3.4 Threats
4.3.4.1 Competition Amongst Players
4.4 Global Market Share Analysis
4.4.1 Global Market Share Analysis
4.4.2 Global Resting ECG Systems
4.4.3 Global Stress ECG Systems
4.4.4 Global Holter Monitors
4.5 North American Market Share Analysis
4.5.1 Resting ECG Systems
4.5.2 Stress ECG Systems
4.5.3 Holter Monitors
4.6 European Market Share Analysis
4.6.1 Resting ECG Systems
4.6.2 Stress ECG Systems
4.6.3 Holter Monitors
4.7 Asian Market Share Analysis
4.7.1 Resting ECG Systems
4.7.2 Stress ECG Systems
4.7.3 Holter Monitors

5 Global Diagnostic ECG Market, By Product
5.1 Introduction
5.2 Resting ECG Systems
5.3 Stress ECG Systems
5.4 Holter Monitors

6 Global Diagnostic ECG Market, By Lead Type
6.1 Introduction
6.2 Single-Lead Type ECG Devices
6.3 3 - 6 Lead Type ECG Devices
6.4 12-Lead Type ECG Devices
6.5 Other Lead Type ECG Devices

7 Global Diagnostic ECG Market, By End User
7.1 Introduction
7.2 Hospitals
7.3 Home/Ambulatory Care
7.4 Others

8 Global Diagnostic ECG Market, Geographical Analysis
8.1 Introduction
8.2 North America
8.3 Europe
8.4 Asia-Pacific
8.5 Rest of the World

9 Competitive Landscape
9.1 Introduction
9.2 New Product Launches
9.3 New Product Launches, 2011 - 2014
9.4 Agreements, Partnerships, Collaborations, and Joint Ventures
9.5 Expansions
9.6 Mergers and Acquisitions
9.7 Other Developments

10 Company Profiles
(Overview, Financials, Products & Services, Strategy, & Developments)*
10.1 Ge Healthcare
10.1.1 Overview
10.2 Royal Philips Healthcare
10.3 Mortara Instrument, Inc.
10.4 Spacelabs Healthcare Inc.
10.5 Schiller AG
10.6 Welch Allyn
10.7 Mindray Medical International Limited
10.8 Nihon Kohden Corporation
10.9 Compumed Inc.
10.10 Cardionet Inc.

*Details on Products & Services, Strategy, & Developments Might Not Be Captured in Case of Unlisted Companies.

List of Tables (16 Tables)

Table 1 Global Diagnostic ECG Market Size, By Lead Type, 2011 - 2020 ($Million)
Table 2 Global Diagnostic Electrocardiograph Market Size, By Product, 2011 - 2020 ($Million)
Table 3 Global Diagnostic Electrocardiograph Market Size, By Product, 2011 - 2020 (Million Units)
Table 4 Resting ECG Systems Market Size, By Geography, 2011 - 2020 ($Million)
Table 5 Stress ECG Systems Market Size, By Region, 2011 - 2020 ($Million)
Table 6 Holter Monitors Market Size, By Region, 2011 - 2020 ($Million)
Table 7 Global Market Size, By Lead Type, 2011 - 2020 ($Million)
Table 8 Global Diagnostic Electrocardiograph Market Size, By End User, 2011 - 2020 ($Million)
Table 9 Global Market Size, By Geography, 2011 - 2020 ($Million)
Table 10 Global Diagnostic Electrocardiograph Market Size, By Geography, 2011 - 2020 (Million Units)
Table 11 North America: Diagnostic Electrocardiograph Market Size, By Product, 2011 - 2020 ($Million)
Table 12 Europe: Market Size, By Product, 2011 - 2020 ($Million)
Table 13 Asia-Pacific: Diagnostic Electrocardiograph Market Size, By Product, 2011 - 2020 ($Million)
Table 14 ROW: Diagnostic Electrocardiograph Market Size, By Product, 2011 - 2020 ($Million)
Table 15 Agreements, Partnerships, Collaborations, and Joint Ventures, 2011 - 2014
Table 16 Expansions, 2011 - 2014

List of Figures (29 Figures)

Figure 1 Market Size Estimation and Data Triangulation
Figure 2 Forecast Model
Figure 3 Market Share Analysis, By Product Type, 2013 Vs. 2020
Figure 4 Global Diagnostic ECG Market Size, By End User, 2013 ($Million)
Figure 5 Global Diagnostic ECG Market, 2011 - 2020 ($Million)
Figure 6 Global Diagnostic Electrocardiograph Market Dynamics
Figure 7 Global Diagnostic Electrocardiograph Market Size, By Product, 2011 - 2020 ($Million)
Figure 8 Opportunity Matrix: Global Diagnostic Electrocardiograph Market, By Lead Type, 2013 ($Million)
Figure 9 Global Market Size, By End User, 2013 ($Million)
Figure 10 Global Diagnostic Electrocardiograph Market Segmentation
Figure 11 Global Market Dynamics
Figure 12 Global Diagnostic Electrocardiograph Market Share (Value), 2013
Figure 13 Global Resting Diagnostic ECG Systems Market Share (Value), 2013
Figure 14 Global Stress Diagnostic ECG Systems Market Share (Value), 2013
Figure 15 Global Diagnostic Holter Monitors Market Share (Value), 2013
Figure 16 North America: Resting Diagnostic ECG Systems Market Share (Value), 2013
Figure 17 North America: Stress Diagnostic ECG Systems Market Share (Value), 2013
Figure 18 North America: Diagnostic Holter Monitors Market Share (Value), 2013
Figure 19 Europe: Resting Diagnostic ECG Systems Market Share (Value), 2013
Figure 20 Europe: Stress Diagnostic ECG Systems Market Share (Value), 2013
Figure 21 Europe: Diagnostic Holter Monitors Market Share (Value), 2013
Figure 22 Asia: Resting Diagnostic Electrocardiograph Systems Market Share (Value), 2013
Figure 23 Asia: Stress Diagnostic ECG Systems Market Share (Value), 2013
Figure 24 Asia: Diagnostic Holter Monitors Market Share (Value), 2013
Figure 25 Global Diagnostic ECG Market Size, By Product, 2013 ($Million)
Figure 26 Global Diagnostic Electrocardiograph Market Size, By Lead Type, 2013 ($Million)
Figure 27 Global Diagnostic ECG Market Size, By End User, 2013 ($Million)
Figure 28 Diagnostic Electrocardiograph Market, Geographical Analysis, By Product 2011 - 2020 ($Million)
Figure 29 Percentage Distribution of Key Growth Strategies of the Global Diagnostic Electrocardiograph Market, 2011 - 2014

The overall market was valued at $3,683 million in 2013 and is poised to grow at a CAGR of 5.7% by 2020.

FEATURED COMPANIES

  • Cardionet Inc.
  • Compumed Inc.
  • Ge Healthcare
  • Mortara Instrument, Inc.
  • Nihon Kohden Corporation
  • Royal Philips Healthcare
  • MORE

The global diagnostic electrocardiograph (ECG) market is segmented into three major segments, namely, holter monitor, resting, and stress type diagnostic ECG devices. The overall market was valued at $3,683 million in 2013 and is poised to grow at a CAGR of 5.7% by 2020. The market is driven by the rise in geriatric population, growing incidences of lifestyle diseases, and technological advancements. However, the decline of reimbursement policies will restrain the growth of this market to an extent. The holter monitor ECG devices will be the most fruitful segment for the companies to invest in the coming years.

The resting ECG devices segment was the leading segment owing to the expanding geriatric population and growing incidences of cardiac diseases and other lifestyle diseases such as diabetes and hypertension. The holter diagnostic ECG device on the other hand was the fastest growing segment and is expected to grow at a healthy pace in the coming years, driven by the advancements in technology.

While segmenting the market with respect to number of leads the 3-6 lead segment had the largest market share followed by the 12 lead segment. The 3-6 lead segment is also expected to grow at the fastest pace in the forecast period from 2013 to 2020. More number of leads captures more signals, thereby giving a detailed outlook. This makes it easier for providers to better interpret the electrical activity of the heart. Thus, 3–6 lead and 12-lead ECG device segments will grow at higher CAGRs than single-lead ECG devices.

With respect to the end users, the global diagnostic ECG market is divided into hospitals, home/ambulatory care research centers, diagnostic centers, rehabilitation centers, clinics, physician offices, and surgical centers. The hospital segment will observe a high growth due to the new technologies launched and the purchasing of an entire new suit of diagnostic ECG devices.

The geographic analysis reveals that North America accounted for the largest share in 2013. APAC, on the other hand will be the main focus of the market in the coming five years that will register a high growth rate for all the segments. Europe on the other hand will register a slow growth rate in the forecast period.

The key players in the ECG devices market are GE Healthcare (U.K.), Philips Healthcare (Netherlands), Mindray Medical (China), Mortara Instrument Inc. (U.S.), Spacelabs Healthcare (U.S), Schiller AG (Switzerland), Cardionet (U.S.), Compumed Inc. (U.S.), Nihon Kohden Corporation (Japan), and Welch Allyn (U.S.).

The overall market was valued at $3,683 million in 2013 and is poised to grow at a CAGR of 5.7% by 2020.

- Cardionet Inc.
- Compumed Inc.
- Ge Healthcare
- Mindray Medical International Limited
- Mortara Instrument, Inc.
- Nihon Kohden Corporation
- Royal Philips Healthcare
- Schiller AG
- Spacelabs Healthcare Inc.
- Welch Allyn

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