North America ECG Equipment Market 2021-2028

The ECG equipment market in North America is estimated to develop with 4.85% of CAGR in the projected years 2021-2028. The United States and Canada together comprise the market in this region.

The ECG equipment market in the United States is estimated to progress due to the presence of a well-developed healthcare infrastructure and the rising adoption of advanced cardiovascular solutions. There is also a surge in the obese population, with high susceptibility to various CVD. This, along with the growing unhealthy lifestyle habits, is expected to enhance the market growth. Moreover, the increase in the healthcare expenditure to develop innovative products for disease monitoring will also contribute to the US market’s growth.

ECG devices have been available for a long time. However, there has been a continuous evolution in technology every year, with the need to observe patients for an extended period. Also, Mobile Cardiac Outpatient Telemetry (MCOT) is witnessing a high adoption rate In the United States. Looking at the need for further affordable solutions, GE healthcare launched the portable MAC 800 ECG.

In May 2019, AliveCor received approval from the US FDA for KardiaMobile 6L, the first six-lead personal ECG equipment. Earlier, in October 2017, Abbott received clearance from the FDA for the Confirm Rx Insertable Cardiac Monitor (ICM). Thus, the US is the market leader in North America, and all these developments are aiding the overall market growth.

COMPETITIVE OUTLOOK

Some of the prime players in the smart fleet management market include CompuMed Inc, Siemens Healthineers AG, GE Healthcare, McKesson Corporation, Hill Rom Holdings Inc, Mindray Medical International Limited, Fukuda Denshi Co Ltd, and Schiller AG.

1. North 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. 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. North America ECG Equipment Market - by System

3.1. Portable ECG System
3.2. Stationary ECG System

4. North 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. North America ECG Equipment Market - by Lead Type

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

6. North America ECG Equipment Market - by Industry Verticals

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

7. North America ECG Equipment Market - North America

7.1. Country Analysis
7.1.1. The United States
7.1.2. Canada

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

List of Figures

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