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ASIA-PACIFIC ECG EQUIPMENT MARKET FORECAST 2021-2028

The Asia-Pacific ECG equipment market is expected to record a CAGR of 6.68% during the forecast period, 2021-2028. The rising population and the increasing demand for sophisticated ECG devices offer lucrative growth opportunities for the market analyzed.

ASIA PACIFIC ECG EQUIPMENT MARKET FORECAST 2021-2028

Asia Pacific ECG Equipment Market by Lead Type (Single Lead, 3-6 Lead, 12-lead) Market by Product (Diagnostic ECG System (Rest ECG System, Stress ECG System, Holter ECG System) Monitoring ECG System (Event Monitoring, Continuous Monitoring, Remote Monitoring)) Market by System (Portable ECG System, Stationary ECG System) Market by End-user (Hospital, Home/ambulatory Care, Other End-users) by Geography.

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Report Summary

The Asia-Pacific ECG equipment market is expected to record a CAGR of 6.68% during the forecast period, 2021-2028. The rising population and the increasing demand for sophisticated ECG devices offer lucrative growth opportunities for the market analyzed.

asia-pacific-ecg-equipment-market

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The Asia-Pacific ECG equipment market growth assessment includes the analysis of Australia & New Zealand, Vietnam, Thailand, Japan, China, Indonesia, South Korea, India, and Rest of Asia-Pacific. China has a dense population, contributing to the growing prevalence of cardiac ailments. As a result, the CVD (cardiovascular disease) burden is rising, majorly impacting the rural population. In addition, consistent monitoring, early detection, and necessary treatment are evaluated to minimize the health risks associated with CVD. Also, according to WHO, the country has around 230 million people with cardiovascular disease. Moreover, the report has also predicted a 50% rise in such disease prevalence for 2010-2030. Further, with the medical devices segment accounting for almost 14% of the country’s total healthcare products, there are investment opportunities.

In India, cardiac health is a major concern. Also, the diagnosis rate is high even in remote areas due to innovative advancements like advanced data analytics tools, wireless communications, and cloud storage. In addition, the country is witnessing a surge in diabetes, strokes, and heart diseases. Further, CVD has been evaluated as the leading cause of death. Moreover, tele-ECG has been launched with advanced wireless technologies. Such factors offer growth opportunities.

Mindray Medical International Limited develops, manufactures, and markets medical devices like medical imaging systems, in-vitro diagnostics products, and patient monitoring & life support systems. The company has strong R&D capabilities and distribution networks. It operates in North America, Asia, Latin America, and Europe, with headquarters in Shenzhen, China.

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    Table of Contents

    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • MARKET OVERVIEW
    3. MARKET DYNAMICS
      • KEY DRIVERS
        • CHANGING LIFESTYLE LEADING TO CARDIOVASCULAR DISEASES
        • INCREASING USAGE OF MONITORING DEVICES DUE TO RISING GERIATRIC POPULATION
        • GROWING HEALTHCARE SPENDING
        • SUPPORTIVE REGULATORY ENVIRONMENT
      • KEY RESTRAINTS
        • INTENSE COMPETITION AMONG VENDORS
        • COMPLEX REIMBURSEMENT POLICIES REGARDING CARDIOVASCULAR DISEASES (CVD)
        • PRODUCT RECALLS
    1. KEY ANALYTICS
      • IMPACT OF COVID-19 ON ECG EQUIPMENT MARKET
      • KEY MARKET TRENDS
      • PORTER’S FIVE FORCES ANALYSIS
        • BUYERS POWER
        • SUPPLIERS POWER
        • SUBSTITUTION
        • NEW ENTRANTS
        • INDUSTRY RIVALRY
      • VALUE CHAIN ANALYSIS
      • KEY BUYING CRITERIA
      • OPPORTUNITY MATRIX
      • VENDOR LANDSCAPE
    2. MARKET BY LEAD TYPE
      • SINGLE LEAD
      • 3-6 LEAD
      • 12-LEAD
    3. MARKET BY PRODUCT
      • DIAGNOSTIC ECG SYSTEM
        • REST ECG SYSTEM
        • STRESS ECG SYSTEM
        • HOLTER ECG SYSTEM
      • MONITORING ECG SYSTEM
        • EVENT MONITORING
        • CONTINUOUS MONITORING
        • REMOTE MONITORING
    1. MARKET BY SYSTEM
      • PORTABLE ECG SYSTEM
      • STATIONARY ECG SYSTEM
    2. MARKET BY END-USER
      • HOSPITAL
      • HOME/AMBULATORY CARE
      • OTHER END-USERS
    3. GEOGRAPHICAL ANALYSIS
      • ASIA-PACIFIC
        • MARKET SIZE & ESTIMATES
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • CHINA
          • JAPAN
          • INDIA
          • AUSTRALIA & NEW ZEALAND
          • SOUTH KOREA
          • INDONESIA
          • THAILAND
          • VIETNAM
          • REST OF ASIA-PACIFIC
    1. COMPETITIVE LANDSCAPE
      • KEY STRATEGIC DEVELOPMENTS
        • MERGERS & ACQUISITIONS
        • PRODUCT LAUNCHES & DEVELOPMENTS
        • PARTNERSHIPS & AGREEMENTS
        • BUSINESS EXPANSIONS, ANNOUNCEMENTS, AND DIVESTITURES
      • COMPANY PROFILES
        • BIONET CO LTD
        • BIOTELEMETRY INC
        • COMPUMED INC
        • GE HEALTHCARE
        • HILL ROM HOLDINGS INC
        • MCKESSON CORPORATION
        • MINDRAY MEDICAL INTERNATIONAL LIMITED
        • NIHON KOHDEN CORPORATION
        • PHILIPS HEALTHCARE
        • SCHILLER AG
        • SIEMENS HEALTHINEERS AG
        • SPACELABS HEALTHCARE (SUBSIDIARY OF OSI SYSTEMS INC)
        • WELCH ALLYN INC (ACQUIRED BY HILL-ROM)
        • ZOLL MEDICAL CORPORATION (ACQUIRED BY ASAHI KASEI)

    LIST OF TABLES

    TABLE 1: MARKET SNAPSHOT – ECG EQUIPMENT

    TABLE 2: TYPES OF CARDIOVASCULAR DISEASES

    TABLE 3: ASIA-PACIFIC ECG EQUIPMENT MARKET, BY LEAD TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 4: ASIA-PACIFIC ECG EQUIPMENT MARKET, BY LEAD TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 5: PRODUCT PROFILE – SINGLE LEAD

    TABLE 6: PRODUCT PROFILE – 3-6 LEAD

    TABLE 7: PRODUCT PROFILE – 12 LEAD

    TABLE 8: ASIA-PACIFIC ECG EQUIPMENT MARKET, BY SYSTEM, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 9: ASIA-PACIFIC ECG EQUIPMENT MARKET, BY SYSTEM, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 10: ASIA-PACIFIC DIAGNOSTIC ECG SYSTEM MARKET, BY TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 11: ASIA-PACIFIC DIAGNOSTIC ECG SYSTEM MARKET, BY TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 12: ASIA-PACIFIC MONITORING ECG SYSTEM MARKET, BY TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 13: ASIA-PACIFIC MONITORING ECG SYSTEM MARKET, BY TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 14: ASIA-PACIFIC ECG EQUIPMENT MARKET, BY SYSTEM, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 15: ASIA-PACIFIC ECG EQUIPMENT MARKET, BY SYSTEM, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 16: ASIA-PACIFIC ECG EQUIPMENT MARKET, BY END-USER, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 17: ASIA-PACIFIC ECG EQUIPMENT MARKET, BY END-USER, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 18: ASIA-PACIFIC ECG EQUIPMENT MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 19: ASIA-PACIFIC ECG EQUIPMENT MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 20: LEADING PLAYERS OPERATING IN ASIA-PACIFIC ECG EQUIPMENT MARKET

    TABLE 21: LIST OF MERGERS & ACQUISITIONS

    TABLE 22: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

    TABLE 23: LIST OF PARTNERSHIPS & AGREEMENTS

    TABLE 24: LIST OF BUSINESS EXPANSIONS, ANNOUNCEMENTS, AND DIVESTITURES

    LIST OF FIGURES

    FIGURE 1: KEY FACTS OF CARDIOVASCULAR DISEASES

    FIGURE 2: KEY MARKET TRENDS

    FIGURE 3: PORTER’S FIVE FORCES ANALYSIS

    FIGURE 4: OPPORTUNITY MATRIX

    FIGURE 5: VENDOR LANDSCAPE

    FIGURE 6: ASIA-PACIFIC ECG EQUIPMENT MARKET, BY LEAD TYPE, IN 2020

    FIGURE 7: ASIA-PACIFIC ECG EQUIPMENT MARKET, BY SINGLE LEAD, 2021-2028 (IN $ MILLION)

    FIGURE 8: ASIA-PACIFIC ECG EQUIPMENT MARKET, BY 3-6 LEAD, 2021-2028 (IN $ MILLION)

    FIGURE 9: ASIA-PACIFIC ECG EQUIPMENT MARKET, BY 12-LEAD, 2021-2028 (IN $ MILLION)

    FIGURE 10: ASIA-PACIFIC ECG EQUIPMENT MARKET, BY PRODUCT, IN 2020

    FIGURE 11: ASIA-PACIFIC ECG EQUIPMENT MARKET, BY DIAGNOSTIC ECG SYSTEM, 2021-2028 (IN $ MILLION)

    FIGURE 12: ASIA-PACIFIC DIAGNOSTIC ECG SYSTEM MARKET, BY REST ECG SYSTEM, 2021-2028 (IN $ MILLION)

    FIGURE 13: ASIA-PACIFIC DIAGNOSTIC ECG SYSTEM MARKET, BY STRESS ECG SYSTEM, 2021-2028 (IN $ MILLION)

    FIGURE 14: ASIA-PACIFIC DIAGNOSTIC ECG SYSTEM MARKET, BY HOLTER ECG SYSTEM, 2021-2028 (IN $ MILLION)

    FIGURE 15: ASIA-PACIFIC ECG EQUIPMENT MARKET, BY MONITORING ECG SYSTEM, 2021-2028 (IN $ MILLION)

    FIGURE 16: ASIA-PACIFIC MONITORING ECG SYSTEM MARKET, BY EVENT MONITORING, 2021-2028 (IN $ MILLION)

    FIGURE 17: ASIA-PACIFIC MONITORING ECG SYSTEM MARKET, BY CONTINUOUS MONITORING, 2021-2028 (IN $ MILLION)

    FIGURE 18: ASIA-PACIFIC MONITORING ECG SYSTEM MARKET, BY REMOTE MONITORING, 2021-2028 (IN $ MILLION)

    FIGURE 19: ASIA-PACIFIC ECG EQUIPMENT MARKET, BY SYSTEM, IN 2020

    FIGURE 20: ASIA-PACIFIC ECG EQUIPMENT MARKET, BY PORTABLE ECG SYSTEM, 2021-2028 (IN $ MILLION)

    FIGURE 21: ASIA-PACIFIC ECG EQUIPMENT MARKET, BY STATIONARY ECG SYSTEM, 2021-2028 (IN $ MILLION)

    FIGURE 22: ASIA-PACIFIC ECG EQUIPMENT MARKET, BY END-USER, IN 2020

    FIGURE 23: ASIA-PACIFIC ECG EQUIPMENT MARKET, BY HOSPITAL, 2021-2028 (IN $ MILLION)

    FIGURE 24: ASIA-PACIFIC ECG EQUIPMENT MARKET, BY HOME/AMBULATORY CARE, 2021-2028 (IN $ MILLION)

    FIGURE 25: ASIA-PACIFIC ECG EQUIPMENT MARKET, BY OTHER END-USERS, 2021-2028 (IN $ MILLION)

    FIGURE 26: ASIA-PACIFIC ECG EQUIPMENT MARKET, COUNTRY OUTLOOK, 2020 & 2028 (IN %)

    FIGURE 27: CHINA ECG EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 28: JAPAN ECG EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 29: INDIA ECG EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 30: AUSTRALIA & NEW ZEALAND ECG EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 31: SOUTH KOREA ECG EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 32: INDONESIA ECG EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 33: THAILAND ECG EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 34: VIETNAM ECG EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 35: REST OF ASIA-PACIFIC ECG EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)

    Segmentation

    1. GEOGRAPHICAL ANALYSIS
      • ASIA-PACIFIC
        • MARKET SIZE & ESTIMATES
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • CHINA
          • JAPAN
          • INDIA
          • AUSTRALIA & NEW ZEALAND
          • SOUTH KOREA
          • INDONESIA
          • THAILAND
          • VIETNAM
          • REST OF ASIA-PACIFIC
    1. MARKET BY LEAD TYPE
      • SINGLE LEAD
      • 3-6 LEAD
      • 12-LEAD
    2. MARKET BY PRODUCT
      • DIAGNOSTIC ECG SYSTEM
        • REST ECG SYSTEM
        • STRESS ECG SYSTEM
        • HOLTER ECG SYSTEM
      • MONITORING ECG SYSTEM
        • EVENT MONITORING
        • CONTINUOUS MONITORING
        • REMOTE MONITORING
    1. MARKET BY SYSTEM
      • PORTABLE ECG SYSTEM
      • STATIONARY ECG SYSTEM
    2. MARKET BY END-USER
      • HOSPITAL
      • HOME/AMBULATORY CARE
      • OTHER END-USERS

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