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North America 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: 5359885
  • Report
  • June 2021
  • Region: North America
  • 110 pages
  • The Insight Partners
UP TO OFF
until Sep 30th 2021

FEATURED COMPANIES

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



According to this research study titled “North America 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$ 2,075.2 million by 2028 from US$ 1,185.3 million in 2021. The market is estimated to grow at a CAGR of 8.3% from 2021 to 2028. The report provides trends prevailing in the North America 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.

As the COVID-19 pandemic continues to unfold, medical device companies are finding difficulties in managing their operations. Many companies offering products for cardiac monitoring have their business operations in the United states and business are adversely being affected by the effects of a widespread outbreak of COVID-19. This has disrupted and restricted company’s ability to distribute products, as well as temporary closures of our facilities or the facilities of our suppliers or customers. Moreover, market players also witnessed disruption in their business operations since March 2020, as US healthcare authorities framed policies about elective cardiac surgeries. Also, to free-up limited space for people being treated for the virus, hospitals have postponed, or cancelled. However, demand for vital sign monitoring devices in the region had substantial impact on the adoption of ECG telemetry. Though, there was disruption in distribution, demand for such products had marginal positive impact on the North America 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, CompuMed Inc., GE Healthcare Inc., Medtronic Inc., Mindray Medical International Ltd., Nihon Kohden Corporation, Philips Healthcare, ScottCare Corporation, Dragger, and Welch Allyn Inc are among the leading companies in the North America 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 North America ECG Telemetry Device market as follows:

By Product
  • Resting ECG Devices
  • Stress ECG Devices
  • Others
By End User
  • Home Healthcare
  • Hospitals
By Country
  • North America - US
  • Canada
  • Mexico
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • CompuMed Inc.
  • Dragger
  • GE Healthcare Inc.
  • Medtronic Inc.
  • Nihon Kohden Corporation
  • Philips Healthcare
  • 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 North America ECG Telemetry Device Market - By Country

2. North America ECG Telemetry Device Market - Key Takeaways

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

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

5. North America 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 - North America Analysis
6.1 North America ECG Telemetry Device Market Revenue Forecasts and Analysis

7. North America 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. North America 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 North America: ECG Telemetry Devices Market Revenue and Forecast to 2028
9.1.1 Overview
9.1.2 North America: ECG Telemetry Devices Market, by Country, 2020 & 2028 (%)
9.1.3 US: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (USD Million)
9.1.3.1 US: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (USD Million)
9.1.3.2 US: ECG Telemetry Devices Market, by Product, 2019-2028 (USD Million)
9.1.3.3 US: ECG Telemetry Devices Market, by End User, 2019-2028 (USD Million)
9.1.4 Canada: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (USD Million)
9.1.4.1 Canada: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (USD Million)
9.1.4.2 Canada: ECG Telemetry Devices Market, by Product, 2019-2028 (USD Million)
9.1.4.3 Canada: ECG Telemetry Devices Market, by End User, 2019-2028 (USD Million)
9.1.5 Mexico: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (USD Million)
9.1.5.1 Mexico: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (USD Million)
9.1.5.2 Mexico: ECG Telemetry Devices Market, by Product, 2019-2028 (USD Million)
9.1.5.3 Mexico: ECG Telemetry Devices Market, by End User, 2019-2028 (USD Million)

10. Impact Of COVID-19 Pandemic on North America ECG Telemetry Device Market
10.1 North America: 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 CompuMed, Inc
12.6.1 Business Description
12.6.2 Products and Services
12.6.3 Financial Overview
12.6.4 SWOT Analysis
12.6.5 Key Developments
12.7 Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
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 Welch Allyn, Inc. (Hill Rom)
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
12.9 Asahi Kasei Corporation (Cardiac Science Corporation)
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 ScottCare Corporation
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments

13. Appendix
13.1 About the Publisher
13.2 Glossary of Terms

List of Tables
Table 1. US ECG Telemetry Devices Market, by Product - Revenue and Forecast to 2028 (USD Million)
Table 2. US ECG Telemetry Devices Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 3. Canada ECG Telemetry Devices Market, by Product - Revenue and Forecast to 2028 (USD Million)
Table 4. Canada ECG Telemetry Devices Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 5. Mexico ECG Telemetry Devices Market, by Product - Revenue and Forecast to 2028 (USD Million)
Table 6. Mexico ECG Telemetry Devices Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 7. Organic Developments Done by Companies
Table 8. Inorganic Developments Done by Companies
Table 9. Glossary of Terms, ECG Telemetry Device Market

List of Figures
Figure 1. ECG Telemetry Device Market Segmentation
Figure 2. North America ECG Telemetry Device Market Overview
Figure 3. Resting ECG Devices Segment Held Largest Share of Product in ECG Telemetry Device Market
Figure 4. US is Expected to Show Remarkable Growth During the Forecast Period
Figure 5. ECG Telemetry Device Market - North America PEST Analysis
Figure 6. ECG Telemetry Device Market Impact Analysis of Driver and Restraints
Figure 7. North America 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. North America: ECG Telemetry Devices Market, by Key Country - Revenue (2020) (USD Million)
Figure 16. North America: ECG Telemetry Devices Market, by Country, 2020 & 2028 (%)
Figure 17. US: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (USD Million)
Figure 18. Canada: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (USD Million)
Figure 19. Mexico: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (USD Million)
Figure 20. Impact of COVID-19 Pandemic in North American Country Markets
Figure 21. Growth Strategies Done by the Companies in the Market, (%)
Note: Product cover images may vary from those shown
  • Cardiac Science Corporation
  • CompuMed Inc.
  • GE Healthcare Inc.
  • Medtronic Inc.
  • Mindray Medical International Ltd.
  • Nihon Kohden Corporation
  • Philips Healthcare
  • ScottCare Corporation
  • Dragger
  • Welch Allyn Inc
Note: Product cover images may vary from those shown
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