Europe ECG Equipment Market 2021-2028

This report insinuates that the ECG equipment market in Europe is likely to progress with a CAGR of 5.79% between the forecast years 2021-2028. The United Kingdom, Germany, France, Italy, Spain, Russia, and Rest of Europe together shape the market in this region.

Spain is known for having one of the best healthcare systems in the world, in terms of disease diagnosis & monitoring, adoption of advanced technologies, and overall healthcare services it provides. The usage of mobile devices across the country is phenomenal, with a rising number of individuals using mobile devices to track their everyday health conditions. Several R&D activities are also being performed to gauge the effectiveness of wireless ECG devices. Over the past couple of years, several research proposals on electrocardiogram (ECG) monitoring based on mobile platforms have been delivered. All these aforementioned factors are expected to drive the Spanish market’s growth over the forecast period.

CVDs pose a significant healthcare burden in the United Kingdom. According to an article, in 2019, the mortality rate from cardiovascular disease in the country was 255 deaths per 100,000 people. CVD affects nearly 7 million people in the UK, and is a significant cause of disability and death. The rising prevalence of CVD, along with the increased spending on healthcare, has boosted the demand for ECG equipment in the country. This will propel the growth of the UK market in the coming years.

COMPETITIVE OUTLOOK

Some of the players dominating the ECG equipment market include Bionet Co Ltd, CompuMed Inc, GE Healthcare, Mindray Medical International Limited, Siemens Healthineers AG, Hill Rom Holdings Inc, Medibiosense Ltd, and BioTelemetry Inc.

1. Europe 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. Legal, Policy & Regulatory Framework
2.6. Industry Components
2.7. Market Attractiveness Index
2.8. Vendor Scorecard
2.9. Key Market Strategies
2.9.1. Contracts and Partnerships
2.9.2. Business Expansions, Announcements & Divestitures
2.9.3. Acquisitions & Mergers
2.9.4. New Product Launches & Developments
2.10. Market Drivers
2.10.1. Supportive Laws and Regulations to Accommodate Better Research and Development of ECG Equipment Products
2.10.2. Growing Demand for ECG Data Management Solutions
2.10.3. Prevalence of Cardiovascular Diseases Impacting the ECG Market
2.11. Market Challenges
2.11.1. Intense Competition Among the Vendors in the ECG Devices Market
2.11.2. Low Reimbursement Rate for Cardiovascular Diseases (Cvd) Acting as a Restraint to the ECG Market
2.11.3. Product Recalls
2.12. Market Opportunities
2.12.1. Usage of Monitoring Devices Due to Increased Geriatric Population
2.12.2. Advancements in Imaging Modalities

3. Europe ECG Equipment Market - by System

3.1. Portable ECG System
3.2. Stationary ECG System

4. Europe 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. Europe ECG Equipment Market - by Lead Type

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

6. Europe ECG Equipment Market - by Industry Verticals

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

7. Europe ECG Equipment Market - Europe

7.1. Country Analysis
7.1.1. Germany
7.1.2. France
7.1.3. United Kingdom
7.1.4. Italy
7.1.5. Russia
7.1.6. Spain
7.1.7. Rest of Europe

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: Europe 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: Europe ECG Equipment Market, by System, 2021-2028 (In $ Million)
Table 9: Europe ECG Equipment Market, by Product, 2021-2028 (In $ Million)
Table 10: Europe Diagnostic ECG System Market, by Type, 2021-2028 (In $ Million)
Table 11: Europe Monitoring ECG System Market, by Type, 2021-2028 (In $ Million)
Table 12: Europe 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: Europe ECG Equipment Market, by Industry Verticals, 2021-2028 (In $ Million)
Table 17: Europe ECG Equipment Market, Country Outlook, 2021-2028 (In $ Million)

List of Figures

Figure 1: Europe ECG Equipment Market 2021-2028 (In $ Million)
Figure 2: Key Facts of Cardiovascular Diseases
Figure 3: Europe ECG Equipment Market, by System, 2020 & 2028 (In %)
Figure 4: Europe ECG Equipment Market, by Portable ECG System, 2021-2028 (In $ Million)
Figure 5: Europe ECG Equipment Market, by Stationary ECG System, 2021-2028 (In $ Million)
Figure 6: Europe ECG Equipment Market, by Product, 2020 & 2028 (In %)
Figure 7: Europe ECG Equipment Market, by Diagnostic ECG System, 2021-2028 (In $ Million)
Figure 8: Europe Diagnostic ECG System Market, by Rest ECG System, 2021-2028 (In $ Million)
Figure 9: Europe Diagnostic ECG System Market, by Stress ECG System, 2021-2028 (In $ Million)
Figure 10: Europe Diagnostic ECG System Market, by Holter ECG System, 2021-2028 (In $ Million)
Figure 11: Europe ECG Equipment Market, by Monitoring ECG System, 2021-2028 (In $ Million)
Figure 12: Europe Monitoring ECG System Market, by Event Monitoring, 2021-2028 (In $ Million)
Figure 13: Europe Monitoring ECG System Market, by Continuous Monitoring, 2021-2028 (In $ Million)
Figure 14: Europe Monitoring ECG System Market, by Remote Monitoring, 2021-2028 (In $ Million)
Figure 15: Europe ECG Equipment Market, by Lead Type, 2020 & 2028 (In %)
Figure 16: Europe ECG Equipment Market, by Single Lead, 2021-2028 (In $ Million)
Figure 17: Europe ECG Equipment Market, by 3-6 Lead, 2021-2028 (In $ Million)
Figure 18: Europe ECG Equipment Market, by 12-Lead, 2021-2028 (In $ Million)
Figure 19: Europe ECG Equipment Market, by Industry Verticals, 2020 & 2028 (In %)
Figure 20: Europe ECG Equipment Market, by Hospital, 2021-2028 (In $ Million)
Figure 21: Europe ECG Equipment Market, by Home/Ambulatory Care, 2021-2028 (In $ Million)
Figure 22: Europe ECG Equipment Market, by Other Industry Verticals, 2021-2028 (In $ Million)
Figure 23: Germany ECG Equipment Market 2021-2028 (In $ Million)
Figure 24: France ECG Equipment Market 2021-2028 (In $ Million)
Figure 25: United Kingdom ECG Equipment Market 2021-2028 (In $ Million)
Figure 26: Italy ECG Equipment Market 2021-2028 (In $ Million)
Figure 27: Russia ECG Equipment Market 2021-2028 (In $ Million)
Figure 28: Spain ECG Equipment Market 2021-2028 (In $ Million)
Figure 29: Rest of Europe ECG Equipment Market 2021-2028 (In $ Million)