Latin America ECG Equipment Market 2021-2028

This research report puts forth that the Latin America ECG equipment market would progress with a CAGR of 5.41% over the forecasting years from 2021 to 2028. Brazil, Mexico, and Rest of Latin America together make the market in this region.

Supportive regulations by the government to commercialize medical devices in the region are expected to aid the growth of the market here. For instance, most Latin American nations only require the US FDA or CE mark approval to file for marketing approvals. High investments by key industry players in this emerging economy, as well as the presence of a large target patient population and well-equipped hospitals in Latin America, are expected to drive the growth of its ECG equipment market in the coming years.

The burden of cardiovascular diseases is increasing rapidly in Mexico, the country. The government here has initiated several programs, such as the National Institute of Health “Heart Truth Campaign,” the Latina Preventive Heart Disease Program, and “Go Red for Women” campaign, in order to raise awareness of CVD, particularly among Mexican women. Thus, the rising prevalence of cardiovascular diseases, supportive government initiatives, and varied reimbursement policies are fueling the demand for ECG equipment in Mexico, in turn favoring the growth of the market studied.

COMPETITIVE OUTLOOK

The eminent names in the ECG equipment market are Medibiosense Ltd, McKesson Corporation, Schiller AG, Spacelabs Healthcare (subsidiary of OSI Systems Inc), Nihon Kohden Corporation, Siemens Healthineers AG, Hill Rom Holdings Inc, and BioTelemetry Inc.

1. Latin America ECG Equipment Market - Summary

2. Industry Outlook

2.1. Impact of COVID-19 on the ECG Equipment Market
2.2. Key Insights
2.3. Porter's Five Forces Model
2.3.1. Threat of New Entrants
2.3.2. Threat of Substitute Products
2.3.3. Bargaining Power of Buyers
2.3.4. Bargaining Power of Suppliers
2.3.5. Competitive Rivalry
2.4. Key Impact Analysis
2.5. Industry Components
2.6. Market Attractiveness Index
2.7. Vendor Scorecard
2.8. Key Market Strategies
2.8.1. Contracts and Partnerships
2.8.2. Business Expansions, Announcements & Divestitures
2.8.3. Acquisitions & Mergers
2.8.4. New Product Launches & Developments
2.9. Market Drivers
2.9.1. Growing Demand for ECG Data Management Solutions
2.9.2. Prevalence of Cardiovascular Diseases Impacting the ECG Market
2.10. Market Challenges
2.10.1. Intense Competition Among the Vendors in the ECG Devices Market
2.10.2. Low Reimbursement Rate for Cardiovascular Diseases (Cvd) Acting as a Restraint to the ECG Market
2.10.3. Product Recalls
2.11. Market Opportunities
2.11.1. Usage of Monitoring Devices Due to Increased Geriatric Population
2.11.2. Advancements in Imaging Modalities

3. Latin America ECG Equipment Market - by System

3.1. Portable ECG System
3.2. Stationary ECG System

4. Latin America ECG Equipment Market - by Product

4.1. Diagnostic ECG System
4.1.1. Rest ECG System
4.1.2. Stress ECG System
4.1.3. Holter ECG System
4.2. Monitoring ECG System
4.2.1. Event Monitoring
4.2.2. Continuous Monitoring
4.2.3. Remote Monitoring

5. Latin America ECG Equipment Market - by Lead Type

5.1. Single Lead
5.2. 3-6 Lead
5.3. 12-Lead

6. Latin America ECG Equipment Market - by Industry Verticals

6.1. Hospital
6.2. Home/Ambulatory Care
6.3. Other Industry Verticals

7. Latin America ECG Equipment Market - Latin America

7.1. Country Analysis
7.1.1. Brazil
7.1.2. Mexico
7.1.3. Rest of Latin America

8. Company Profiles

8.1. Bionet Co Ltd
8.2. Biotelemetry Inc
8.3. Compumed Inc
8.4. Fukuda Denshi Co Ltd
8.5. GE Healthcare
8.6. Hill Rom Holdings Inc
8.7. Mckesson Corporation
8.8. Medibiosense Ltd
8.9. Mindray Medical International Limited
8.10. Nihon Kohden Corporation
8.11. Philips Healthcare
8.12. Schiller AG
8.13. Siemens Healthineers AG
8.14. Spacelabs Healthcare (Subsidiary of Osi Systems Inc)
8.15. Zoll Medical Corporation (Acquired by Asahi Kasei)

9. Research Methodology & Scope

9.1. Research Scope & Deliverables
9.1.1. Objectives of Study
9.1.2. Scope of Study
9.2. Sources of Data
9.2.1. Primary Data Sources
9.2.2. Secondary Data Sources
9.3. Research Methodology
9.3.1. Evaluation of Proposed Market
9.3.2. Identification of Data Sources
9.3.3. Assessment of Market Determinants
9.3.4. Data Collection
9.3.5. Data Validation & Analysis

List of Tables

Table 1: Latin America ECG Equipment Market, Regional Outlook, 2021-2028 (In $ Million)
Table 2: Vendor Scorecard
Table 3: Contracts and Partnerships
Table 4: Business Expansions, Announcements & Divestitures
Table 5: Acquisitions & Mergers
Table 6: New Product Launches & Developments
Table 7: Types of Cardiovascular Diseases
Table 8: Latin America ECG Equipment Market, by System, 2021-2028 (In $ Million)
Table 9: Latin America ECG Equipment Market, by Product, 2021-2028 (In $ Million)
Table 10: Latin America Diagnostic ECG System Market, by Type, 2021-2028 (In $ Million)
Table 11: Latin America Monitoring ECG System Market, by Type, 2021-2028 (In $ Million)
Table 12: Latin America ECG Equipment Market, by Lead Type, 2021-2028 (In $ Million)
Table 13: Description of Various Single Lead Products
Table 14: Description of Various 3-6 Lead Products
Table 15: Description of Various 12 Lead Products
Table 16: Latin America ECG Equipment Market, by Industry Verticals, 2021-2028 (In $ Million)
Table 17: Latin America ECG Equipment Market, Country Outlook, 2021-2028 (In $ Million)

List of Figures

Figure 1: Latin America ECG Equipment Market 2021-2028 (In $ Million)
Figure 2: Key Facts of Cardiovascular Diseases
Figure 3: Latin America ECG Equipment Market, by System, 2020 & 2028 (In %)
Figure 4: Latin America ECG Equipment Market, by Portable ECG System, 2021-2028 (In $ Million)
Figure 5: Latin America ECG Equipment Market, by Stationary ECG System, 2021-2028 (In $ Million)
Figure 6: Latin America ECG Equipment Market, by Product, 2020 & 2028 (In %)
Figure 7: Latin America ECG Equipment Market, by Diagnostic ECG System, 2021-2028 (In $ Million)
Figure 8: Latin America Diagnostic ECG System Market, by Rest ECG System, 2021-2028 (In $ Million)
Figure 9: Latin America Diagnostic ECG System Market, by Stress ECG System, 2021-2028 (In $ Million)
Figure 10: Latin America Diagnostic ECG System Market, by Holter ECG System, 2021-2028 (In $ Million)
Figure 11: Latin America ECG Equipment Market, by Monitoring ECG System, 2021-2028 (In $ Million)
Figure 12: Latin America Monitoring ECG System Market, by Event Monitoring, 2021-2028 (In $ Million)
Figure 13: Latin America Monitoring ECG System Market, by Continuous Monitoring, 2021-2028 (In $ Million)
Figure 14: Latin America Monitoring ECG System Market, by Remote Monitoring, 2021-2028 (In $ Million)
Figure 15: Latin America ECG Equipment Market, by Lead Type, 2020 & 2028 (In %)
Figure 16: Latin America ECG Equipment Market, by Single Lead, 2021-2028 (In $ Million)
Figure 17: Latin America ECG Equipment Market, by 3-6 Lead, 2021-2028 (In $ Million)
Figure 18: Latin America ECG Equipment Market, by 12-Lead, 2021-2028 (In $ Million)
Figure 19: Latin America ECG Equipment Market, by Industry Verticals, 2020 & 2028 (In %)
Figure 20: Latin America ECG Equipment Market, by Hospital, 2021-2028 (In $ Million)
Figure 21: Latin America ECG Equipment Market, by Home/Ambulatory Care, 2021-2028 (In $ Million)
Figure 22: Latin America ECG Equipment Market, by Other Industry Verticals, 2021-2028 (In $ Million)
Figure 23: Brazil ECG Equipment Market 2021-2028 ($ Million)
Figure 24: Mexico ECG Equipment Market 2021-2028 ($ Million)
Figure 25: Rest of Latin America ECG Equipment Market 2021-2028 ($ Million)