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Global Electrocardiograph (ECG) Market 2019-2025

  • ID: 4871647
  • Report
  • October 2019
  • Region: Global
  • Orion Market Research Private Limited

FEATURED COMPANIES

  • AliveCor Inc.
  • BioTelemetry Inc.
  • Cardioline S.P.A
  • Custo Med GmbH
  • Edutek Instrumentation
  • Koninklijke Philips NV
Global Electrocardiograph (ECG) Market Size, Share & Trends Analysis Report, By Product Type (Rest ECG Systems, Stress ECG Systems, and Holter Monitors), By Technology (Portable ECG Machines and Wireless ECG Machines), By End-User (Hospitals & Clinics, Ambulatory Facilities, and Others), and Forecast 2019-2025.

The global ECG market is expected to witness significant growth during the forecast period. Increase in the prevalence of the cardiac diseases is one of the primary factors positively affecting the market growth, as with the rising cardiac diseases, there will be increasing demand for ECG machines to monitor heart rate. According to the American Heart Association (AHA) cardiac-related diseases affects more than 4 million and results in half a million mortality each year in the US alone. Furthermore, continuous technological advancements in the ECG devices along with the introduction of remote monitoring devices is also projected to fuel the market growth during the forecast period. Whereas, factors such as high costs of device and high maintenance costs, and saturated market in developed regions are the key restraining factors negatively affecting the market growth.

Changing lifestyles are playing a major part as the main cause of cardiovascular diseases. This has led to a greater number of people opting for diagnostic tests. ECG is the first level of test to detect CVDs. Portable ECGs and point of care solutions are also gaining popularity. It is majorly due to the convenience of the patients, which in most cases are elderly. A majority of adults over 50 years of age suffer from one or other kinds of heart ailments. Hence, point of care solution provides a certain amount of convenience and helps them in reducing the cost of hospital stay.

Geographically, the market report covers the analysis of four major regions; North America (the US and Canada), Europe (UK, Germany, Italy, France, Spain, and Rest of Europe), Asia-Pacific (Japan, China, India, and Rest of Asia-Pacific), and Rest of the World (RoW). North America is expected to hold a significant share due to the increasing prevalence of CVDs in the region. As per the report from the American Heart Association on heart disease and stroke, in 2017, around 800,000 mortalities were caused due to CVD in the region. Further, Asia-Pacific is expected to grow at a significant rate in the market.

The global ECG market is fragmented in nature, with the presence of several players. The prominent players operating in the market include GE Healthcare (General Electric Company), Johnson and Johnson, Phillips Healthcare (Koninklijke Philips NV), Mindray Medical International Ltd., Schiller AG, and Nihon Kohden Corp., among others. In order to sustain in the market, these players adopt different strategies such as merger and acquisition, product launch and geographical expansion. For instance, Omron Healthcare in January 2019, launched its first wearable blood pressure monitor with EKG and New Digital Health Services.

Research Methodology

The market study of the global ECG market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The research team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.

Secondary Sources Include:
  • Financial reports of companies involved in the market
  • Whitepapers, research-papers, and news blogs
  • Company websites and their product catalogue.

The report is intended for ECG manufacturers, medical device companies, healthcare providers, hospitals and clinics, investing companies, government organizations, and regulatory agencies, and other market participants for overall market analysis and competitive analysis. The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.

Market Segmentation:
1. Global ECG Market Research and Analysis by Product Type
2. Global ECG Market Research and Analysis by Technology
3. Global ECG Market Research and Analysis by Lead Type
4. Global ECG Market Research and Analysis by End-user

The Report Covers:
  • Comprehensive research methodology of the global ECG market.
  • This report also includes a detailed and extensive market overview with key analyst insights.
  • An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
  • Analysis of regional regulations and other government policies impacting the global ECG market.
  • Insights about market determinants which are stimulating the global ECG market.
  • Detailed and extensive market segments with regional distribution of forecast revenues.
  • Extensive profiles and recent developments of market players.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • AliveCor Inc.
  • BioTelemetry Inc.
  • Cardioline S.P.A
  • Custo Med GmbH
  • Edutek Instrumentation
  • Koninklijke Philips NV

1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Koninklijke Phillips NV
3.3.1.1. Overview
3.3.1.2. Financial Analysis
3.3.1.3. SWOT Analysis
3.3.1.4. Recent Developments
3.3.2. Nihon Kohden Corp.
3.3.2.1. Overview
3.3.2.2. Financial Analysis
3.3.2.3. SWOT Analysis
3.3.2.4. Recent Developments
3.3.3. Schiller AG
3.3.3.1. Overview
3.3.3.2. Financial Analysis
3.3.3.3. SWOT Analysis
3.3.3.4. Recent Developments
3.3.4. General Electric Co.
3.3.4.1. Overview
3.3.4.2. Financial Analysis
3.3.4.3. SWOT Analysis
3.3.4.4. Recent Developments
3.3.5. Johnson & Johnson Services, Inc.
3.3.5.1. Overview
3.3.5.2. Financial Analysis
3.3.5.3. SWOT Analysis
3.3.5.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global ECG Market by Product Type
5.1.1. Rest ECG Systems
5.1.2. Stress ECG Systems
5.1.3. Holter Monitors
5.2. Global ECG Market by Technology
5.2.1. Portable ECG Machines
5.2.2. Wireless ECG Machines
5.3. Global ECG Market by Lead Type
5.3.1. Single Lead ECG
5.3.2. 3-6 Lead ECG
5.3.3. 12 Lead ECG
5.4. Global ECG Market by End-User
5.4.1. Hospitals & Clinics
5.4.2. Ambulatory Facilities
5.4.3. Others
6. Regional Analysis
6.1. North America
6.1.1. US
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Allengers Medical Systems Ltd.
7.2. AliveCor Inc.
7.3. Bionet, Co. Ltd.
7.4. BioTelemetry Inc.
7.5. Cardiac Science Corp.
7.6. Cardioline S.P.A
7.7. CardioNet, Inc.
7.8. Custo Med GmbH
7.9. Eccosur SA
7.10. Edutek Instrumentation
7.11. General Electric Co.
7.12. Johnson and Johnson Services Inc.
7.13. Koninklijke Philips NV
7.14. Midmark Corp.
7.15. Mindray Medical International Co. Ltd.
7.16. Nexus Lifecare Pvt. Ltd.
7.17. Nihon Kohden Corp.
7.18. Omron Corp.
7.19. Qardio Inc.
7.20. SCHILLER AG
7.21. Spacelabs Healthcare, Inc.
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Allengers Medical Systems Ltd.
  • AliveCor Inc.
  • Bionet, Co. Ltd.
  • BioTelemetry Inc.
  • Cardiac Science Corp.
  • Cardioline S.P.A
  • CardioNet, Inc.
  • Custo Med GmbH
  • Eccosur SA
  • Edutek Instrumentation
  • General Electric Co.
  • Johnson and Johnson Services Inc.
  • Koninklijke Philips NV
  • Midmark Corp.
  • Mindray Medical International Co. Ltd.
  • Nexus Lifecare Pvt. Ltd.
  • Nihon Kohden Corp.
  • Omron Corp.
  • Qardio Inc.
  • SCHILLER AG
  • Spacelabs Healthcare, Inc.
Note: Product cover images may vary from those shown