ECG Equipment and Management Systems Market Size, Share & Trends Analysis Report By Type (Holter, Stress, Resting ECG), By End Use (Hospitals & Clinics, Ambulatory Facilities), And Segment Forecasts, 2019 - 2025

Published: Feb, 2019 | Pages: 120 | Publisher: Grand View Research
Industry: Medical Devices | Report Format: Electronic (PDF)

The global ECG equipment and management systems market size is expected to reach USD 7.6 billion by 2025, based on a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 6.0% during the forecast period. Increase in geriatric population and prevalence of cardiac diseases are likely to drive the growth.

Furthermore, increasing investments by market players and government organizations for development and commercialization of various sensitive and easy-to-use equipment are likely to drive market growth. For instance, in April 2017, CardioComm Solutions, Inc. entered into business with CareSpan USA, Inc. to incorporate its cloud-based ECG analysis tools into the latter's Virtual Clinic. This would help in remote analysis of 1, 3, and 12 lead ECG data for online patient care.

In September 2017, the U.S. Food and Drug Administration (FDA) approved app-driven, fully reusable, and easy-to-clean ECG device manufactured by NimbleHeart. The device is used without electrolytic gels and adhesive. Hence, it is easy to clean and considered ideal for multi-patient usage.

North America was the major contributor in the ECG equipment and management system market in 2018. It is anticipated to maintain its dominance during the forecast period due to the demand for portable monitoring and diagnostic devices, adoption of new technologies, and introduction of advanced products. Asia Pacific is likely to witness significant growth over the next decade owing to increasing investments and entry of key market players in the region along with growing healthcare expenditure and disposable income in major markets such as Japan and China.

Further key findings from the study suggest:

• Resting ECG system held the highest market share and is expected to witness significant growth during the forecast period, attributed to the availability of several commercial products and improved clinical accuracy of the systems due to advanced data analysis tools to detect heart-related problems

• Management system segment is expected to witness the fastest growth over the forecast period owing to the introduction of innovative products such as mobile access to waveforms, ease of use, and increased efficiency of these systems

• Hospitals and clinics end use segment held the largest market share as majority of patients rely on hospitals than other healthcare facilities due to the availability of well-equipped devices and latest monitoring software

• Some of the key players operating in the ECG equipment and management systems market are BioTelemetry, Inc.; Compumed Inc.; GE Healthcare; Mindray Medical; Hill Rom; NIHON KOHDEN CORPORATION; Philips Healthcare; Schiller AG; Spacelabs Healthcare; Welch Allyn; CardioComm Solutions, Inc.; McKesson Corporation; Device Technologies; and Meditech.

 Table of Contents

Chapter 1 Research Methodology
                 1.1 Information Procurement
                 1.2 Data Analysis

Chapter 2 Executive Summary
                 2.1 Market Snapshot

Chapter 3 Global Market Variables, Trends & Scope
                 3.1 Market Segmentation & Scope
                 3.2 Market Driver Analysis
                     3.2.1 Rising geriatric population
                     3.2.2 Technological advancements to favor continuous monitoring
                 3.3 Market Restraint Analysis
                     3.3.1 Lack of reimbursement policies
                     3.3.2 False-negative and false-positive results
                 3.4 Penetration & Growth Prospect Mapping
                 3.5 ECG Equipment and Management System - SWOT Analysis, by Factor (Political & Legal, Economic and Technological)
                 3.6 Industry Analysis - Porter's
                 3.7 ECG Equipment and Management System Competitive Landscape: Market Position Analysis (Based on Products, Regional Presence, and Recent Updates
                 3.8 ECG Management Systems Market: Trends and Technological Advancements in Healthcare

Chapter 4 ECG Equipment and Management Systems Market: Type Estimates & Trend Analysis
                 4.1 ECG Equipment and Management Systems Market: Type Analysis
                 4.2 Holter Monitoring Systems
                     4.2.1 Industry Trends
                     4.2.2 Holter monitoring systems: Product list
                     4.2.3 Holter monitoring systems market, 2014 - 2025 (USD Million)
                 4.3 Resting ECG System
                     4.3.1 Industry Trends
                     4.3.2 Resting ECG system: Product list
                     4.3.3 Resting ECG system market, 2014 - 2025 (USD Million)
                 4.4 Stress ECG Monitors
                     4.4.1 Industry Trends
                     4.4.2 Stress ECG monitors: Product list
                     4.4.3 Stress ECG monitors market, 2014 - 2025 (USD Million)
                 4.5 Event Monitoring Systems
                     4.5.1 Industry Trends
                     4.5.2 Event monitoring systems: Product list
                     4.5.3 Event monitoring systems market, 2014 - 2025 (USD Million)
                 4.6 ECG Management System
                     4.6.1 ECG management systems market, 2014 - 2025 (USD Million)

Chapter 5 ECG Equipment and Management Systems Market: Recent Updates

Chapter 6 ECG Equipment and Management Systems Market: End Use Estimates & Trend Analysis
                 6.1 ECG Equipment and Management Systems: End Use Analysis
                 6.2 Hospitals & Clinics
                     6.2.1 Hospitals & clinics market, 2014 - 2025 (USD Million)
                 6.3 Ambulatory Facilities
                     6.3.1 Ambulatory facilities market, 2014 - 2025 (USD Million)
                 6.4 Others
                     6.4.1 Others market, 2014 - 2025 (USD Million)

Chapter 7 ECG Equipment and Management Systems Market: Regional Estimates & Trend Analysis
                 7.1 ECG Equipment and Management System Market: Regional Movement analysis
                 7.2 North America
                     7.2.1 North America ECG equipment and management system market, 2014 - 2025 (USD Million)
                     7.2.2 U.S.
                         7.2.2.1 U.S. ECG equipment and management system market, 2014 - 2025 (USD Million)
                     7.2.3 Canada
                         7.2.3.1 Canada ECG equipment and management system market, 2014 - 2025 (USD Million)
                 7.3 Europe
                     7.3.1 Europe ECG equipment and management system market, 2014 - 2025 (USD Million)
                     7.3.2 U.K.
                         7.3.2.1 U.K. ECG equipment and management system market, 2014 - 2025 (USD Million)
                     7.3.3 Germany
                         7.3.3.1 Germany ECG equipment and management system market, 2014 - 2025 (USD Million)
                 7.4 Asia Pacific
                     7.4.1 Asia Pacific ECG equipment and management system market, 2014 - 2025 (USD Million)
                     7.4.2 Japan
                         7.4.2.1 Japan ECG equipment and management system market, 2014 - 2025 (USD Million)
                     7.4.3 China
                         7.4.3.1 China ECG equipment and management system market, 2014 - 2025 (USD Million)
                 7.5 Latin America
                     7.5.1 Latin America ECG equipment and management system market, 2014 - 2025 (USD Million)
                     7.5.2 Brazil
                         7.5.2.1 Brazil ECG equipment and management system market, 2014 - 2025 (USD Million)
                     7.5.3 Mexico
                         7.5.3.1 Mexico ECG equipment and management system market, 2014 - 2025 (USD Million)
                 7.6 Middle East and Africa (MEA)
                     7.6.1 MEA ECG equipment and management system market, 2014 - 2025 (USD Million)
                     7.6.2 South Africa
                         7.6.2.1 South Africa ECG equipment and management system market, 2014 - 2025 (USD Million)

Chapter 8 Competitive Landscape
                 8.1 Strategy Framework
                     8.1.1 Product approval
                     8.1.2 Mergers and acquisitions
                     8.1.3 Partnership
                     8.1.4 Research initiatives
                 8.2 Company Profiles
                     8.2.1 BioTelemetry, Inc.
                         8.2.1.1 Company overview
                         8.2.1.2 Financial performance
                         8.2.1.3 Product benchmarking
                         8.2.1.4 Strategic initiatives
                     8.2.2 CompuMed, Inc.
                         8.2.2.1 Company overview
                         8.2.2.2 Financial performance
                         8.2.2.3 Product benchmarking
                     8.2.3 GE Healthcare
                         8.2.3.1 Company overview
                         8.2.3.2 Financial performance
                         8.2.3.3 Product benchmarking
                         8.2.3.4 Strategic initiatives
                     8.2.4 Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
                         8.2.4.1 Company overview
                         8.2.4.2 Product benchmarking
                         8.2.4.3 Strategic initiatives
                     8.2.5 Hill-Rom
                         8.2.5.1 Company overview
                         8.2.5.2 Financial performance
                         8.2.5.3 Product benchmarking
                         8.2.5.4 Strategic initiatives
                     8.2.6 NIHON KOHDEN CORPORATION
                         8.2.6.1 Company overview
                         8.2.6.2 Financial performance
                         8.2.6.3 Product benchmarking
                         8.2.6.4 Strategic initiatives
                     8.2.7 Koninklijke Philips N.V.
                         8.2.7.1 Company overview
                         8.2.7.2 Financial performance
                         8.2.7.3 Product benchmarking
                         8.2.7.4 Strategic initiatives
                     8.2.8 Schiller
                         8.2.8.1 Company overview
                         8.2.8.2 Product benchmarking
                         8.2.8.3 Strategic initiatives
                     8.2.9 Spacelabs Healthcare (Subsidiary of OSI Systems, Inc.)
                         8.2.9.1 Company overview
                         8.2.9.2 Financial performance
                         8.2.9.3 Product benchmarking
                         8.2.9.4 Strategic initiatives
                     8.2.10 Welch Allyn (Subsidiary of Hill-Rom Services, Inc.)
                         8.2.10.1 Company overview
                         8.2.10.2 Product benchmarking
                         8.2.10.3 Strategic initiatives
                     8.2.11 CardioComm Solutions, Inc.
                         8.2.11.1 Company overview
                         8.2.11.2 Product benchmarking
                         8.2.11.3 Strategic initiatives
                     8.2.12 McKesson Corporation
                         8.2.12.1 Company overview
                         8.2.12.2 Financial performance
                         8.2.12.3 Product benchmarking
                         8.2.12.4 Strategic initiatives
                     8.2.13 Meditech Equipment Co., Ltd.
                         8.2.13.1 Company overview
                         8.2.13.2 Product benchmarking
                     8.2.14 Device Technologies
                         8.2.14.1 Company overview
                     8.2.15 Drägerwerk AG & Co. KGaA
                         8.2.15.1 Company overview
                         8.2.15.2 Financial performance
                         8.2.15.3 Product benchmarking
                     8.2.16 ZOLL Medical Corporation
                         8.2.16.1 Company overview
                         8.2.16.2 Product benchmarking
                     8.2.17 medical ECONET
                         8.2.17.1 Company overview
                         8.2.17.2 Product benchmarking

List of Tables

TABLE 1 Incidence of cardiovascular diseases in older Americans
TABLE 2 North America ECG equipment and management system market, by country, 2014 - 2025 (USD Million)
TABLE 3 North America ECG equipment and management system market, by type, 2014 - 2025 (USD Million)
TABLE 4 North America ECG equipment and management system market, by end use, 2014 - 2025 (USD Million)
TABLE 5 U.S. ECG equipment and management system market, by type, 2014 - 2025 (USD Million)
TABLE 6 U.S. ECG equipment and management system market, by end use, 2014 - 2025 (USD Million)
TABLE 7 Canada ECG equipment and management system market, by type, 2014 - 2025 (USD Million)
TABLE 8 Canada ECG equipment and management system market, by end use, 2014 - 2025 (USD Millon)
TABLE 9 Europe ECG equipment and management system market, by country, 2014 - 2025 (USD Million)
TABLE 10 Europe ECG equipment and management system market, by type, 2014 - 2025 (USD Million)
TABLE 11 Europe ECG equipment and management system market, by end use, 2014 - 2025 (USD Million)
TABLE 12 U.K. ECG equipment and management system market, by type, 2014 - 2025 (USD Million)
TABLE 13 U.K. ECG equipment and management system market, by end use, 2014 - 2025 (USD Million)
TABLE 14 Germany ECG equipment and management system market, by type, 2014 - 2025 (USD Million)
TABLE 15 Germany ECG equipment and management system market, by end use, 2014 - 2025 (USD Million)
TABLE 16 Asia Pacific ECG equipment and management system market, by country, 2014 - 2025 (USD Million)
TABLE 17 Asia Pacific ECG equipment and management system market, by type, 2014 - 2025 (USD Million)
TABLE 18 Asia Pacific ECG equipment and management system market, by end use, 2014 - 2025 (USD Million)
TABLE 19 Japan ECG equipment and management system market, by type, 2014 - 2025 (USD Million)
TABLE 20 Japan ECG equipment and management system market, by end use, 2014 - 2025 (USD Million)
TABLE 21 China ECG equipment and management system market, by type, 2014 - 2025 (USD Million)
TABLE 22 China ECG equipment and management system market, by end use, 2014 - 2025 (USD Million)
TABLE 23 Latin America ECG equipment and management system market, by country, 2014 - 2025 (USD Million)
TABLE 24 Latin America ECG equipment and management system market, by type, 2014 - 2025 (USD Million)
TABLE 25 Latin America ECG equipment and management system market, by end use, 2014 - 2025 (USD Million)
TABLE 26 Brazil ECG equipment and management system market, by type, 2014 - 2025 (USD Million)
TABLE 27 Brazil ECG equipment and management system market, by end use, 2014 - 2025 (USD Million)
TABLE 28 Mexico ECG equipment and management system market, by type, 2014 - 2025 (USD Million)
TABLE 29 Mexico ECG equipment and management system market, by end use, 2014 - 2025 (USD Million)
TABLE 30 Middle East & Africa ECG equipment and management system market, by country, 2014 - 2025 (USD Million)
TABLE 31 Middle East & Africa ECG equipment and management system market, by type, 2014 - 2025 (USD Million)
TABLE 32 Middle East & Africa ECG equipment and management system market, by end use, 2014 - 2025 (USD Million)
TABLE 33 South Africa ECG equipment and management system market, by type, 2014 - 2025 (USD Million)
TABLE 34 South Africa ECG equipment and management system market, by end use, 2014 - 2025 (USD Million)

List of Figures

FIG. 1 Market research process
FIG. 2 Information procurement
FIG. 3 Primary research pattern
FIG. 4 Market research approaches
FIG. 5 Value chain based sizing & forecasting
FIG. 6 QFD modeling for market share assessment
FIG. 7 Market summary 2018 (USD Million)
FIG. 8 Market trends & outlook
FIG. 9 Market segmentation & scope
FIG. 10 Market driver relevance analysis (Current & future impact)
FIG. 11 Global geriatric population, 2015 - 2030 (Million)
FIG. 12 Market restraint relevance analysis (Current & future impact)
FIG. 13 Penetration & growth prospect mapping
FIG. 14 SWOT analysis, by factor (political & legal, economic and technological)
FIG. 15 Porter's Five Forces Analysis
FIG. 16 ECG equipment and management system competitive landscape: Market position analysis (based on products, regional presence)
FIG. 17 ECG equipment and management systems market, type outlook: Key takeaways
FIG. 18 ECG equipment and management systems: Type movement analysis
FIG. 19 Holter monitoring systems market, 2014 - 2025 (USD Million)
FIG. 20 Resting ECG system market, 2014 - 2025 (USD Million)
FIG. 21 Stress ECG monitors market, 2014 - 2025 (USD Million)
FIG. 22 Event monitoring systems market, 2014 - 2025 (USD Million)
FIG. 23 ECG management systems market, 2014 - 2025 (USD Million)
FIG. 24 ECG equipment and management system market, End use outlook, key takeaways
FIG. 25 ECG equipment and management systems: End use movement analysis
FIG. 26 Hospitals & clinics market, 2014 - 2025 (USD Million)
FIG. 27 Ambulatory facilities market, 2014 - 2025 (USD Million)
FIG. 28 Others market, 2014 - 2025 (USD Million)
FIG. 29 Regional market place: Key takeaways
FIG. 30 ECG equipment and management system market: Regional movement analysis
FIG. 31 North America ECG equipment and management system market, 2014 - 2025 (USD Million)
FIG. 32 The U.S. ECG equipment and management system market, 2014 - 2025 (USD Million)
FIG. 33 Canada ECG equipment and management system market, 2014 - 2025 (USD Million)
FIG. 34 Europe ECG equipment and management system market, 2014 - 2025 (USD Million)
FIG. 35 U.K. ECG equipment and management system market, 2014 - 2025 (USD Million)
FIG. 36 Germany ECG equipment and management system market, 2014 - 2025 (USD Million)
FIG. 37 Asia Pacific ECG equipment and management system market, 2014 - 2025 (USD Million)
FIG. 38 Japan ECG equipment and management system market, 2014 - 2025 (USD Million)
FIG. 39 China ECG equipment and management system market, 2014 - 2025 (USD Million)
FIG. 40 Latin America ECG equipment and management system market, 2014 - 2025 (USD Million)
FIG. 41 Brazil ECG equipment and management system market, 2014 - 2025 (USD Million)
FIG. 42 Mexico ECG equipment and management system market, 2014 - 2025 (USD Million)
FIG. 43 MEA ECG equipment and management system market, 2014 - 2025 (USD Million)
FIG. 44 South Africa ECG equipment and management system market, 2014 - 2025 (USD Million)
FIG. 45 Strategy framework