Diagnostic Electrocardiograph (ECG) Market Size, Share, Sales, Analysis, Forecast By Offering (Product (Smart ECG Monitors, Resting ECG Devices, MCT Devices, Stress ECG Devices, Event Monitors, Holter Monitors, and Implantable Loop Recorders) and Software & Services), By Lead Type (Single-lead, 3-lead, 5-lead, 6-lead, 12-lead, and Others), By End-user (Ambulatory Surgical Centers, Hospitals, Clinics, & Cardiac Centers and Other), By Geography, Industry Competition & Player Profiles, 2023-2032

Report code : IS550, Status : Published, Published on: Aug, 2023, Pages : 143 Pages, Format : PDF/PPT/Excel

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Description

The Diagnostic Electrocardiograph (ECG) Market was worth US$ 7.6 Billion in 2019 and is expected to grow at a CAGR of 6.3% through 2030.

Diagnostic electrocardiograph is a is a clinical gadget that analyze the cardiac issues identified with the electrical movement of the heart. Electrocardiograph is performed for various cardiac indications including fainting, myocardial infraction, cardiac stress testing, and cardiac murmur.

Rising prevalence of cardiovascular diseases and lifestyle related diseases like peripheral artery diseases, ischemic heart disease (IHD), stroke, and hypertensive heart disease which it will eventually lead to spending towards health or testing resulting into market growth.

Moreover, supportive reimbursement policies, enhancing healthcare infrastructure, and increasing aging population are some of the other factors which are likely to poise a positive impact on the market growth. With rising technological advancements, introduction of innovative and advanced products and services such as development of remote monitoring ECG devices are expected to create ample opportunities for the growth of global diagnostic electrocardiograph (ECG) market.

The growth of diagnostic electrocardiograph (ECG) market in developed nations such as U.S., Canada is saturated, however emerging economies such as China, India, and Japan are witnessing continuous growth and are expected to grow rapidly during the forecast period.

The growth of market in developing nations can be accredited to company’s focus on exploring untapped market, significant healthcare expenditure, and supportive government policies. The global market is highly competitive hence the companies are engaged in product innovations and expanding their customer base across the globe.

Among all the geographies, North America is anticipated to be the dominant region throughout the forecast period. The region occupied highest market share in 2019. The regional growth is attributed to significant technological advancements, rising prevalence of CVD, high demand for medical devices, increasing disposable income, and presence of key players in the region.

On the other hand, Asia Pacific is expected to witness lucrative growth during the forecast period. Some of the factors fueling the growth in Asia Pacific includes inclination towards technological advanced products, focus upon improving healthcare infrastructure, rising healthcare expenditure, and less stringent regulations.

Diagnostic Electrocardiograph (ECG) Market Value Share Analysis, by Geography (2022)

The report titled “Diagnostic Electrocardiograph (ECG) Market- Global Market Share, Trends, Analysis and Forecasts, 2023-2032”, wherein 2021 is the historic period, 2022 is the base year, and 2023 to 2032 is the forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the global diagnostic electrocardiograph (ECG) market.

Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market.

The global diagnostic electrocardiograph (ECG) market is segmented on the basis of offering, lead type, end-user, and geography. Based on offering, the global market can be segmented into product and software & services. The product can further be sub-segmented into Smart ECG Monitors, Resting ECG Devices, MCT Devices, Stress ECG Devices, Event Monitors, Holter Monitors, and Implantable Loop Recorders. based on the lead type, the global market can be segmented into Single-lead, 3-lead, 5-lead, 6- lead, 12-lead, and Others. The end-user segment can be segmented into Ambulatory Surgical Centers, Hospitals, Clinics, & Cardiac Centers, and Other End Users. Based on geography, the global diagnostic electrocardiograph (ECG) market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is sub-segmented into the United States, Canada and Rest of North America. Europe is sub-segmented into Germany, United Kingdom, Belgium, Spain, and Rest of Europe. Asia Pacific is sub-segmented into China, Japan, India, Australia, and Rest of Asia Pacific. Middle East & Africa is sub-segmented into Saudi Arabia, the UAE, and Rest of Middle East & Africa. South America is sub-segmented into Brazil and Rest of South America.

The research provides in-depth analysis of prominent players holding majority share of the global market with a focus on all operating business segment and would identify the segment of the company focusing on diagnostic electrocardiograph (ECG). Further, market share of prominent companies in the global diagnostic electrocardiograph (ECG) market would also be estimated.

The study takes into consideration the key competitive information such as business strategy, product portfolio, key development, swot analysis, and research and development focus of all the diagnostic electrocardiograph (ECG) companies. The global diagnostic electrocardiograph (ECG) market study would take into consideration the participants engaged throughout the supply chain and value chain of the market, along with their contribution.

Product portfolio would focus on all the products under the diagnostic electrocardiograph (ECG) business segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the global diagnostic electrocardiograph (ECG) market.

Some of the prominent player involved in global Diagnostic Electrocardiograph (ECG) Market include Nihon Kohden, Koninklijke Philips, GE Healthcare, Norav Medical, VectraCor, Inc., BPL Medical Technologies, Midmark Corporation, OSI Systems, Inc., SHENZHEN MINDRAY BIO-MEDICAL ELECTRONICS Co. Ltd., Hill-Rom Holdings, SCHILLER, Allengers Medical Systems, Ltd., and Asahi Kasei.

Segmentation:

By Offering:

Product
- Smart ECG Monitors
- Resting ECG Devices
- MCT Devices
- Stress ECG Devices
- Event Monitors
- Holter Monitors
- Implantable Loop Recorders
Software & Service

By Lead Type:

By End-User:

Ambulatory Surgical Centers
Hospitals, Clinics, & Cardiac Centers
Other End Users

By Geography :

North America
- United States
- Canada
- Rest of North America
Europe
- Germany
- United Kingdom
- Belgium
- Spain
- Rest of Europe
Asia Pacific
- Japan
- India
- China
- Australia
- Rest of Asia Pacific
Middle East & Africa
- UAE
- Saudi Arabia
- Rest of Middle East & Africa
South America
- Brazil
- Rest of South America

Table Of Content

Introduction
- Research Objectives
- Report Assumptions
- Research Methodology
- Abbreviations
Preface
- Market Definition
- Report Scope and Market Segmentation
- Research Highlights
Market Synopsis: Global Diagnostic Electrocardiograph (ECG) Market
Global Diagnostic Electrocardiograph (ECG) Market Qualitative Analysis
- Trends
  - Market trends
  - Technology Trends
- PESTLE Analysis (For 5 prominent countries)
- Market Influencers
  - Driving Forces
  - Hindering Forces
  - Opportunities
- COVID-19 impact
Global Diagnostic Electrocardiograph (ECG) Market Analysis and Forecast, by Offering
- Overview and definitions
- Key segment analysis
- Global Diagnostic Electrocardiograph (ECG) Market Estimates (US$ Mn), by Offering Type, 2019 – 2032
  - Product
    - Smart ECG Monitors
    - Resting ECG Devices
    - MCT Devices
    - Stress ECG Devices
    - Event Monitors
    - Holter Monitors
    - Implantable Loop Recorders
    - Others
  - Software & Service

Global Diagnostic Electrocardiograph (ECG) Market Analysis and Forecast, by Lead Type
- Overview and definitions
- Key segment analysis
- Global Diagnostic Electrocardiograph (ECG) Market Estimates (US$ Mn), by Lead Type, 2019 – 2032
  - Single lead
  - 3-lead
  - 5-lead
  - 6-lead
  - 12-lead
  - Others

Global Diagnostic Electrocardiograph (ECG) Market Analysis and Forecast, by Buyer
- Overview and definitions
- Key segment analysis
- Global Diagnostic Electrocardiograph (ECG) Market Estimates (US$ Mn), by Buyer, 2019 – 2032
  - Ambulatory Surgical Centers
  - Hospitals, Clinics, & Cardiac Centers
  - Others

Global Diagnostic Electrocardiograph (ECG) Market Analysis and Forecast, by Region
- Overview and definitions
- Key segment analysis
- Global Diagnostic Electrocardiograph (ECG) Market Estimates (US$ Mn), by Region, 2019 – 2032
  - North America
  - Europe
  - Asia Pacific
  - Middle East & Africa
  - South America

North America Diagnostic Electrocardiograph (ECG) Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- North America Diagnostic Electrocardiograph (ECG) Market Estimates (US$ Mn), by Offering Type, 2019 – 2032
  - Product
    - Smart ECG Monitors
    - Resting ECG Devices
    - MCT Devices
    - Stress ECG Devices
    - Event Monitors
    - Holter Monitors
    - Implantable Loop Recorders
    - Others
  - Software & Service
- North America Diagnostic Electrocardiograph (ECG) Market Estimates (US$ Mn), by Lead Type, 2019 – 2032
  - Single lead
  - 3-lead
  - 5-lead
  - 6-lead
  - 12-lead
  - Others
- North America Diagnostic Electrocardiograph (ECG) Market Estimates (US$ Mn), by Buyer, 2019 – 2032
  - Ambulatory Surgical Centers
  - Hospitals, Clinics, & Cardiac Centers
  - Others
- North America Diagnostic Electrocardiograph (ECG) Market Estimates (US$ Mn), Country, 2019 – 2032
  - The U.S.
  - Canada
  - Rest of North America

Europe Diagnostic Electrocardiograph (ECG) Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Europe Diagnostic Electrocardiograph (ECG) Market Estimates (US$ Mn), by Offering Type, 2019 – 2032
  - Product
    - Smart ECG Monitors
    - Resting ECG Devices
    - MCT Devices
    - Stress ECG Devices
    - Event Monitors
    - Holter Monitors
    - Implantable Loop Recorders
    - Others
  - Software & Service
- Europe Diagnostic Electrocardiograph (ECG) Market Estimates (US$ Mn), by Lead Type, 2019 – 2032
  - Single lead
  - 3-lead
  - 5-lead
  - 6-lead
  - 12-lead
  - Others
- Europe Diagnostic Electrocardiograph (ECG) Market Estimates (US$ Mn), by Buyer, 2019 – 2032
  - Ambulatory Surgical Centers
  - Hospitals, Clinics, & Cardiac Centers
  - Others
- Europe Diagnostic Electrocardiograph (ECG) Market Estimates (US$ Mn), Country, 2019 – 2032
  - Germany
  - United Kingdom
  - Italy
  - France
  - Spain
  - Rest of Europe

Asia Pacific Diagnostic Electrocardiograph (ECG) Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Asia Pacific Diagnostic Electrocardiograph (ECG) Market Estimates (US$ Mn), by Offering Type, 2019 – 2032
  - Product
    - Smart ECG Monitors
    - Resting ECG Devices
    - MCT Devices
    - Stress ECG Devices
    - Event Monitors
    - Holter Monitors
    - Implantable Loop Recorders
    - Others
  - Software & Service
- Asia Pacific Diagnostic Electrocardiograph (ECG) Market Estimates (US$ Mn), by Lead Type, 2019 – 2032
  - Single lead
  - 3-lead
  - 5-lead
  - 6-lead
  - 12-lead
  - Others
- Asia Pacific Diagnostic Electrocardiograph (ECG) Market Estimates (US$ Mn), by Buyer, 2019 – 2032
  - Ambulatory Surgical Centers
  - Hospitals, Clinics, & Cardiac Centers
  - Others
- Asia Pacific Diagnostic Electrocardiograph (ECG) Market Estimates (US$ Mn), Country, 2019 – 2032
  - Japan
  - India
  - China
  - Australia
  - Rest of Asia Pacific

Middle East & Africa Diagnostic Electrocardiograph (ECG) Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Middle East & Africa Diagnostic Electrocardiograph (ECG) Market Estimates (US$ Mn), by Offering Type, 2019 – 2032
  - Product
    - Smart ECG Monitors
    - Resting ECG Devices
    - MCT Devices
    - Stress ECG Devices
    - Event Monitors
    - Holter Monitors
    - Implantable Loop Recorders
    - Others
  - Software & Service
- Middle East & Africa Diagnostic Electrocardiograph (ECG) Market Estimates (US$ Mn), by Lead Type, 2019 – 2032
  - Single lead
  - 3-lead
  - 5-lead
  - 6-lead
  - 12-lead
  - Others
- Middle East & Africa Diagnostic Electrocardiograph (ECG) Market Estimates (US$ Mn), by Buyer, 2019 – 2032
  - Ambulatory Surgical Centers
  - Hospitals, Clinics, & Cardiac Centers
  - Others
- Middle East & Africa Diagnostic Electrocardiograph (ECG) Market Estimates (US$ Mn), Country, 2019 – 2032
  - Saudi Arabia
  - UAE
  - Rest of Middle East

South America Diagnostic Electrocardiograph (ECG) Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- South America Diagnostic Electrocardiograph (ECG) Market Estimates (US$ Mn), by Offering Type, 2019 – 2032
  - Product
    - Smart ECG Monitors
    - Resting ECG Devices
    - MCT Devices
    - Stress ECG Devices
    - Event Monitors
    - Holter Monitors
    - Implantable Loop Recorders
    - Others
  - Software & Service
- South America Diagnostic Electrocardiograph (ECG) Market Estimates (US$ Mn), by Lead Type, 2019 – 2032
  - Single lead
  - 3-lead
  - 5-lead
  - 6-lead
  - 12-lead
  - Others
- South America Diagnostic Electrocardiograph (ECG) Market Estimates (US$ Mn), by Buyer, 2019 – 2032
  - Ambulatory Surgical Centers
  - Hospitals, Clinics, & Cardiac Centers
  - Others
- South America Diagnostic Electrocardiograph (ECG) Market Estimates (US$ Mn), Country, 2019 – 2032
  - Brazil
  - Rest of South America

Competition Analysis – Diagnostic Electrocardiograph (ECG) Market
- Market Composition
- Market Share Analysis (%), by Supplier (2022)
- Company Profiles
  - Nihon Kohden
    - Business overview
    - Geographic presence
    - Product portfolio
    - Financial facts
    - Channel partners
    - Relevant news and strategic view
  - Koninklijke Philips
  - GE Healthcare
  - Norav Medical
  - VectraCor, Inc.
  - BPL Medical Technologies
  - Midmark Corporation
  - OSI Systems, Inc.
  - SHENZHEN MINDRAY BIO-MEDICAL ELECTRONICS Co. Ltd.
  - Hill-Rom Holdings
  - SCHILLER
  - Allengers Medical Systems, Ltd.
  - Asahi Kasei

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Frequently asked questions about this report

What are the growth estimates for Diagnostic Electrocardiograph market till 2032?

The global Diagnostic Electrocardiograph market is estimated to surpass US$ 7.6 Billion by 2019.

What are the different types of Diagnostic Electrocardiograph used?

Based on type, the Diagnostic Electrocardiograph market is segmented intoNorth America, Europe, Asia Pacific, Middle East & Africa, and South America.

What are the end-use segments in the Diagnostic Electrocardiograph market?

The end-use segments in Diagnostic Electrocardiograph market are Ambulatory Surgical Centers, Hospitals, Clinics, & Cardiac Centers, Other End Users.