Asia-Pacific ECG Equipment Market 2021-2028

The market for ECG equipment in the Asia-Pacific is likely to progress with a CAGR of 6.75% in the forecast years from 2021 to 2028. China, Japan, India, ASEAN countries, South Korea, Australia & New Zealand, and Rest of APAC together constitute the market in this region.

An increase in the prevalence of obesity can be seen among South Korean adults. In 2015, nearly a third of the adults aged above 19 years, were either overweight or obese. Obesity is associated with an increased risk of diabetes and cardiovascular disease (CVD). Thus, the rise in the number of patients affected by CVD has helped increase the adoption of monitoring and portable cardiac rhythm management across South Korea.

Moreover, the rapid advancement in wireless communication and cloud computing is fueling the growth of the overall market. Further, a rise in the elderly population is boosting the demand for resting ECG devices, as people in this age group are more likely to suffer from cardiovascular diseases.

Further, India witnessed an alarming rise in the cases of diabetes, heart disease, and strokes, over the past couple of years. CVD has emerged as the leading cause of death across the nation. This is boosting the ECG equipment market growth. Also, there has been a rise in initiatives that focus on awareness and education about cardiovascular diseases. And with the advancements in wireless technology, Tele-ECG has now been introduced. Factors such as these are contributing to the market development in India.

COMPETITIVE OUTLOOK

The noteworthy players in the ECG equipment market are Schiller AG, McKesson Corporation, Nihon Kohden Corporation, Medibiosense Ltd, Fukuda Denshi Co Ltd, CompuMed Inc, GE Healthcare, and Spacelabs Healthcare (subsidiary of OSI Systems Inc).

1. Asia-Pacific 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. Growing Demand for ECG Data Management Solutions
2.10.2. 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. Asia-Pacific ECG Equipment Market - by System

3.1. Portable ECG System
3.2. Stationary ECG System

4. Asia-Pacific 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. Asia-Pacific ECG Equipment Market - by Lead Type

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

6. Asia-Pacific ECG Equipment Market - by Industry Verticals

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

7. Asia-Pacific ECG Equipment Market - Asia-Pacific

7.1. Country Analysis
7.1.1. China
7.1.2. Japan
7.1.3. India
7.1.4. Australia & New Zealand
7.1.5. South Korea
7.1.6. Asean Countries
7.1.7. Rest of Asia-Pacific

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

List of Figures

Figure 1: Asia-Pacific ECG Equipment Market 2021-2028 (In $ Million)
Figure 2: Key Facts of Cardiovascular Diseases
Figure 3: Asia-Pacific ECG Equipment Market, by System, 2020 & 2028 (In %)
Figure 4: Asia-Pacific ECG Equipment Market, by Portable ECG System, 2021-2028 (In $ Million)
Figure 5: Asia-Pacific ECG Equipment Market, by Stationary ECG System, 2021-2028 (In $ Million)
Figure 6: Asia-Pacific ECG Equipment Market, by Product, 2020 & 2028 (In %)
Figure 7: Asia-Pacific ECG Equipment Market, by Diagnostic ECG System, 2021-2028 (In $ Million)
Figure 8: Asia-Pacific Diagnostic ECG System Market, by Rest ECG System, 2021-2028 (In $ Million)
Figure 9: Asia-Pacific Diagnostic ECG System Market, by Stress ECG System, 2021-2028 (In $ Million)
Figure 10: Asia-Pacific Diagnostic ECG System Market, by Holter ECG System, 2021-2028 (In $ Million)
Figure 11: Asia-Pacific ECG Equipment Market, by Monitoring ECG System, 2021-2028 (In $ Million)
Figure 12: Asia-Pacific Monitoring ECG System Market, by Event Monitoring, 2021-2028 (In $ Million)
Figure 13: Asia-Pacific Monitoring ECG System Market, by Continuous Monitoring, 2021-2028 (In $ Million)
Figure 14: Asia-Pacific Monitoring ECG System Market, by Remote Monitoring, 2021-2028 (In $ Million)
Figure 15: Asia-Pacific ECG Equipment Market, by Lead Type, 2020 & 2028 (In %)
Figure 16: Asia-Pacific ECG Equipment Market, by Single Lead, 2021-2028 (In $ Million)
Figure 17: Asia-Pacific ECG Equipment Market, by 3-6 Lead, 2021-2028 (In $ Million)
Figure 18: Asia-Pacific ECG Equipment Market, by 12-Lead, 2021-2028 (In $ Million)
Figure 19: Asia-Pacific ECG Equipment Market, by Industry Verticals, 2020 & 2028 (In %)
Figure 20: Asia-Pacific ECG Equipment Market, by Hospital, 2021-2028 (In $ Million)
Figure 21: Asia-Pacific ECG Equipment Market, by Home/Ambulatory Care, 2021-2028 (In $ Million)
Figure 22: Asia-Pacific ECG Equipment Market, by Other Industry Verticals, 2021-2028 (In $ Million)
Figure 23: China ECG Equipment Market 2021-2028 (In $ Million)
Figure 24: Japan ECG Equipment Market 2021-2028 (In $ Million)
Figure 25: India ECG Equipment Market 2021-2028 (In $ Million)
Figure 26: Australia & New Zealand ECG Equipment Market 2021-2028 (In $ Million)
Figure 27: South Korea ECG Equipment Market 2021-2028 (In $ Million)
Figure 28: Asean Countries ECG Equipment Market 2021-2028 (In $ Million)
Figure 29: Rest of Asia-Pacific ECG Equipment Market 2021-2028 (In $ Million)