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Europe ECG Telemetry Device Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product (Resting ECG Devices, Stress ECG Devices, and Others); End User (Home Healthcare, and Hospitals)

  • ID: 5359883
  • Report
  • June 2021
  • Region: Europe
  • 112 pages
  • The Insight Partners
UP TO OFF
until Sep 30th 2021

FEATURED COMPANIES

  • Dragger
  • GE Healthcare Inc.
  • Medtronic Inc.
  • Nihon Kohden Corporation
  • Philips Healthcare
  • Welch Allyn Inc
  • MORE
Resting ECG Devices Segment has the Largest Share of Product in the Europe ECG Telemetry Device Market during 2021-2028



According to this research study titled “Europe ECG Telemetry Device Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Product, and End User,” the market is expected to reach US$ 962.9 million by 2028 from US$ 561.1 million in 2021. The market is estimated to grow at a CAGR of 8.0% from 2021 to 2028. The report provides trends prevailing in the Europe ECG telemetry device market along with the drivers and restraints pertaining to the market growth. The growth of this market is estimated to grow owing to key driving factors such as the increase in cardiovascular disease incidence and a surge in geriatric population are the key factors driving the market growth. However, the market is expected experiencing slow growth during the forecast period owing to the high cost and disadvantages of ECG telemetry devices.

The current coronavirus (COVID-19) outbreak has been declared by WHO as a public health emergency of international concern according to the International Health Regulation. Also, the pandemic has halted the adoption of new medical device policy and delayed clinical trials and disrupted processes. Two consecutive waves of coronavirus had devastating impact on economic activities in the Europe. Implementation of social distancing and lockdown policies led to closing of cardiac centers and patient visits for elective heart treatments. This factor negatively impacted the adoption of ECG telemetry devices in the region. The European Commission recently postponed the application date of the MDR for one-year due to COVID-19 pandemic. The Medical Device Regulation (MDR) requires manufacturers to conduct Post Market Clinical Follow-Up (PMCF) studies to demonstrate the continued safety and performance of their devices. This is expected to impact the new product launches and ongoing clinical trials of medical devices, impacting sales and growth of the Europe ECG telemetry devices market. In addition, disrupted supply chains, extended lockdowns, and cancelling of travel visits of sales personnel of companies have also negativity affected the growth of the ECG telemetry devices market.

The market for ECG telemetry device market is segmented into product, and end user. Based on product, the ECG telemetry devices market is segmented into resting ECG devices, stress ECG devices, and others. In 2020, the resting ECG devices by product segment accounted for the highest share of the market and is expected to grow faster during the forecast period. Growth of this segment is attributed as it helps to measures the electrical activity of the heart with no extra preparation required, and it takes about 5 minutes to perform. These tests offers benefits such as it is most simple, quick, and painless, and they can also help to detect heart conditions such as hypertrophy of the heart, myocardial infarction, ischemia, sequelae of myocardial infarction, cardiac arrhythmias, and among others. Additionally, resting ECG is also used as secure and connected workflows to provide accurate solutions that help to reduce complexity and shorten the path to diagnosis.

Cardiac Science Corporation, GE Healthcare Inc., Medtronic Inc., Mindray Medical International Ltd., Nihon Kohden Corporation, Philips Healthcare, Dragger, and Welch Allyn Inc are among the leading companies in the Europe ECG telemetry device market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in February 2020, Royal Philips a global leader in health technology, has acquired BioTelemetry, Inc the acquisition of BioTelemetry is a strong fit with Philips’ cardiac care portfolio, and its strategy to transform the delivery of care along the health continuum with integrated solutions

The report segments the Europe ECG Telemetry Device market as follows:

By Product
  • Resting ECG Devices
  • Stress ECG Devices
  • Others
By End User
  • Home Healthcare
  • Hospitals
By Country
  • Europe - Germany
  • UK
  • France
  • Spain
  • Italy
  • Rest of Europe
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Dragger
  • GE Healthcare Inc.
  • Medtronic Inc.
  • Nihon Kohden Corporation
  • Philips Healthcare
  • Welch Allyn Inc
  • MORE
1. Introduction
1.1 Scope of the Study
1.2 The Publisher's Research Report Guidance
1.3 Market Segmentation
1.3.1 ECG Telemetry Device Market - By Product
1.3.2 ECG Telemetry Device Market - By End User
1.3.3 Europe ECG Telemetry Device Market - By Country

2. Europe ECG Telemetry Device Market - Key Takeaways

3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Europe ECG Telemetry Device Market - Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 ECG Telemetry Device Market- Europe PEST Analysis
4.3 Expert Opinion

5. Europe ECG Telemetry Device Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Increase in Cardiovascular Disease Incidence
5.1.2 Surge in Geriatric Population
5.2 Market Restraints
5.2.1 High Cost and Technical Inconsistencies
5.3 Market Opportunities
5.3.1 Growth Opportunities in Developing Nations
5.4 Future Trends
5.4.1 Market Consolidation Through Product Enhancements and Acquisitions
5.5 Impact Analysis

6. ECG Telemetry Device Market - Europe Analysis
6.1 Europe ECG Telemetry Device Market Revenue Forecasts and Analysis

7. Europe ECG Telemetry Device Market Analysis and Forecasts To 2028 - By Product
7.1 Overview
7.2 ECG Telemetry Devices Market Revenue Share, by Product (2020 and 2028)
7.3 Resting ECG Devices
7.3.1 Overview
7.3.2 Resting ECG Devices: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Stress ECG Devices
7.4.1 Overview
7.4.2 Stress ECG Devices: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (US$ Million)

8. Europe ECG Telemetry Device Market Analysis and Forecasts to 2028- By End User
8.1 Overview
8.2 ECG Telemetry Devices Market Revenue Share, by End User (2020 and 2028)
8.3 Home Healthcare
8.3.1 Overview
8.3.2 Home Healthcare: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Hospitals
8.4.1 Overview
8.4.2 Hospitals: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (US$ Million)

9. ECG Telemetry Device Market Revenue and Forecasts to 2028 - Geographical Analysis
9.1 Europe: ECG Telemetry Devices Market Revenue and Forecast to 2028
9.1.1 Overview
9.1.2 Europe: ECG Telemetry Devices Market, by Country, 2020 & 2028 (%)
9.1.3 Germany: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (USD Million)
9.1.3.1 Germany: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (USD Million)
9.1.3.2 Germany: ECG Telemetry Devices Market, by Product, 2019-2028 (USD Million)
9.1.3.3 Germany: ECG Telemetry Devices Market, by End User, 2019-2028 (USD Million)
9.1.4 UK: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (USD Million)
9.1.4.1 UK: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (USD Million)
9.1.4.2 UK: ECG Telemetry Devices Market, by Product, 2019-2028 (USD Million)
9.1.4.3 UK: ECG Telemetry Devices Market, by End User, 2019-2028 (USD Million)
9.1.5 France: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (USD Million)
9.1.5.1 France: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (USD Million)
9.1.5.2 France: ECG Telemetry Devices Market, by Product, 2019-2028 (USD Million)
9.1.5.3 France: ECG Telemetry Devices Market, by End User, 2019-2028 (USD Million)
9.1.6 Italy: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (USD Million)
9.1.6.1 Italy: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (USD Million)
9.1.6.2 Italy: ECG Telemetry Devices Market, by Product, 2019-2028 (USD Million)
9.1.6.3 Italy: ECG Telemetry Devices Market, by End User, 2019-2028 (USD Million)
9.1.7 Spain: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (USD Million)
9.1.7.1 Spain: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (USD Million)
9.1.7.2 Spain: ECG Telemetry Devices Market, by Product, 2019-2028 (USD Million)
9.1.7.3 Spain: ECG Telemetry Devices Market, by End User, 2019-2028 (USD Million)
9.1.8 Rest of Europe: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (USD Million)
9.1.8.1 Rest of Europe: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (USD Million)
9.1.8.2 Rest of Europe: ECG Telemetry Devices Market, by Product, 2019-2028 (USD Million)
9.1.8.3 Rest of Europe: ECG Telemetry Devices Market, by End User, 2019-2028 (USD Million)

10. Impact Of COVID-19 Pandemic on Europe ECG Telemetry Device Market
10.1 Europe: Impact Assessment of COVID-19 Pandemic

11. Industry Landscape
11.1 Overview
11.2 Growth Strategies Done by the Companies in the Market, (%)
11.3 Organic Developments
11.3.1 Overview
11.4 Inorganic Developments
11.4.1 Overview

12. Company Profiles
12.1 General Electric Company
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Medtronic
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Nihon Kohden Corporation
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Koninklijke Philips N.V.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Dragerwerk AG & Co. KGaA
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Welch Allyn, Inc. (Hill Rom)
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Asahi Kasei Corporation (Cardiac Science Corporation)
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments

13. Appendix
13.1 About the Publisher
13.2 Glossary of Terms

List of Tables
Table 1. Germany ECG Telemetry Devices Market, by Product - Revenue and Forecast to 2028 (USD Million)
Table 2. Germany ECG Telemetry Devices Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 3. UK ECG Telemetry Devices Market, by Product - Revenue and Forecast to 2028 (USD Million)
Table 4. UK ECG Telemetry Devices Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 5. France ECG Telemetry Devices Market, by Product - Revenue and Forecast to 2028 (USD Million)
Table 6. France ECG Telemetry Devices Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 7. Italy ECG Telemetry Devices Market, by Product - Revenue and Forecast to 2028 (USD Million)
Table 8. Italy ECG Telemetry Devices Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 9. Spain ECG Telemetry Devices Market, by Product - Revenue and Forecast to 2028 (USD Million)
Table 10. Spain ECG Telemetry Devices Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 11. Rest of Europe ECG Telemetry Devices Market, by Product - Revenue and Forecast to 2028 (USD Million)
Table 12. Rest of Europe ECG Telemetry Devices Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 13. Organic Developments Done by Companies
Table 14. Inorganic Developments Done by Companies
Table 15. Glossary of Terms, ECG Telemetry Device Market

List of Figures
Figure 1. ECG Telemetry Device Market Segmentation
Figure 2. Europe ECG Telemetry Device Market Overview
Figure 3. Resting ECG Devices Segment Held Largest Share of Product in ECG Telemetry Device Market
Figure 4. Germany is Expected to Show Remarkable Growth During the Forecast Period
Figure 5. ECG Telemetry Device Market - Europe PEST Analysis
Figure 6. ECG Telemetry Device Market Impact Analysis of Driver and Restraints
Figure 7. Europe ECG Telemetry Device Market - Revenue Forecasts and Analysis - 2020- 2028
Figure 8. ECG Telemetry Devices Market Revenue Share, by Product (2020 and 2028)
Figure 9. Resting ECG Devices: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (US$ Million)
Figure 10. Stress ECG Devices: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (US$ Million)
Figure 11. Others: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (US$ Million)
Figure 12. ECG Telemetry Devices Market Revenue Share, by End User (2020 and 2028)
Figure 13. Home Healthcare: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (US$ Million)
Figure 14. Hospitals: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (US$ Million)
Figure 15. Europe: ECG Telemetry Devices Market, by Key Country - Revenue (2020) (USD Million)
Figure 16. Europe: ECG Telemetry Devices Market, by Country, 2020 & 2028 (%)
Figure 17. Germany: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (USD Million)
Figure 18. UK: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (USD Million)
Figure 19. France: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (USD Million)
Figure 20. Italy: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (USD Million)
Figure 21. Spain: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (USD Million)
Figure 22. Rest of Europe: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (USD Million)
Figure 23. Impact of COVID-19 Pandemic in European Country Markets
Figure 24. Growth Strategies Done by the Companies in the Market, (%)
Note: Product cover images may vary from those shown
  • Cardiac Science Corporation
  • GE Healthcare Inc.
  • Medtronic Inc.
  • Mindray Medical International Ltd.
  • Nihon Kohden Corporation
  • Philips Healthcare
  • Dragger
  • Welch Allyn Inc
Note: Product cover images may vary from those shown
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