NORTH AMERICA ECG EQUIPMENT MARKET FORECAST 2021-2028
The North America ECG equipment market is expected to project a CAGR of 4.79% during the forecast period, 2021-2028. The emerging novel ECG devices, the technological advancements, and the rising old age population propel market growth.
NORTH AMERICA ECG EQUIPMENT MARKET FORECAST 2021 -2028
North America 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.
The North America ECG equipment market is expected to project a CAGR of 4.79% during the forecast period, 2021-2028. The emerging novel ECG devices, the technological advancements, and the rising old age population propel market growth.
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The North America ECG equipment market growth analysis includes the assessment of the United States and Canada. In the United States, there has been an increase in the adoption of advanced cardiovascular solutions, contributing to market growth. Also, the growing elderly population vulnerable to various CVDs, shifting lifestyles, and competent healthcare infrastructure benefits market growth. In addition, as per the American Heart Association (AHA), almost 92.1 million Americans have some form of cardiovascular disease. Moreover, the growing healthcare expenditure for innovative products development for disease monitoring facilitates growth in the US market.
Furthermore, the United States is a market leader in the North American region, given the growing number of initiatives by both private and public hospitals. Also, ECG has evolved continuously, given the rising need to observe patients for an extended period. For instance, the Mobile Cardiac Outpatient Telemetry (MCOT) witnessed high adoption rates in the US.
Spacelabs Healthcare (Subsidiary of OSI Systems Inc) is a medical device company that manufactures and designs acute care patient monitoring systems for clinical networking and diagnostic cardiology solutions. The company also provides medical equipment and services. It has offices in Canada, the United States, Italy, Singapore, Germany, and the United Kingdom, with headquarters in Snoqualmie, Washington, the US.
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- RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- SCOPE OF STUDY
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
- EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES
- MARKET OVERVIEW
- 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
- KEY DRIVERS
- 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
- REGULATORY FRAMEWORK
- OPPORTUNITY MATRIX
- VENDOR LANDSCAPE
- 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
- DIAGNOSTIC ECG SYSTEM
- MARKET BY SYSTEM
- PORTABLE ECG SYSTEM
- STATIONARY ECG SYSTEM
- MARKET BY END-USER
- HOSPITAL
- HOME/AMBULATORY CARE
- OTHER END-USERS
- GEOGRAPHICAL ANALYSIS
- NORTH AMERICA
- MARKET SIZE & ESTIMATES
- KEY GROWTH ENABLERS
- KEY CHALLENGES
- KEY PLAYERS
- COUNTRY ANALYSIS
- UNITED STATES
- CANADA
- NORTH AMERICA
- 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)
- KEY STRATEGIC DEVELOPMENTS
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT – ECG EQUIPMENT
TABLE 2: TYPES OF CARDIOVASCULAR DISEASES
TABLE 3: NORTH AMERICA ECG EQUIPMENT MARKET, BY LEAD TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 4: NORTH AMERICA 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: NORTH AMERICA ECG EQUIPMENT MARKET, BY SYSTEM, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 9: NORTH AMERICA ECG EQUIPMENT MARKET, BY SYSTEM, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 10: NORTH AMERICA DIAGNOSTIC ECG SYSTEM MARKET, BY TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 11: NORTH AMERICA DIAGNOSTIC ECG SYSTEM MARKET, BY TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 12: NORTH AMERICA MONITORING ECG SYSTEM MARKET, BY TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 13: NORTH AMERICA MONITORING ECG SYSTEM MARKET, BY TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 14: NORTH AMERICA ECG EQUIPMENT MARKET, BY SYSTEM, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 15: NORTH AMERICA ECG EQUIPMENT MARKET, BY SYSTEM, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 16: NORTH AMERICA ECG EQUIPMENT MARKET, BY END-USER, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 17: NORTH AMERICA ECG EQUIPMENT MARKET, BY END-USER, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 18: NORTH AMERICA ECG EQUIPMENT MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 19: NORTH AMERICA ECG EQUIPMENT MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 20: LEADING PLAYERS OPERATING IN NORTH AMERICA 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: NORTH AMERICA ECG EQUIPMENT MARKET, BY LEAD TYPE, IN 2020
FIGURE 7: NORTH AMERICA ECG EQUIPMENT MARKET, BY SINGLE LEAD, 2021-2028 (IN $ MILLION)
FIGURE 8: NORTH AMERICA ECG EQUIPMENT MARKET, BY 3-6 LEAD, 2021-2028 (IN $ MILLION)
FIGURE 9: NORTH AMERICA ECG EQUIPMENT MARKET, BY 12-LEAD, 2021-2028 (IN $ MILLION)
FIGURE 10: NORTH AMERICA ECG EQUIPMENT MARKET, BY PRODUCT, IN 2020
FIGURE 11: NORTH AMERICA ECG EQUIPMENT MARKET, BY DIAGNOSTIC ECG SYSTEM, 2021-2028 (IN $ MILLION)
FIGURE 12: NORTH AMERICA DIAGNOSTIC ECG SYSTEM MARKET, BY REST ECG SYSTEM, 2021-2028 (IN $ MILLION)
FIGURE 13: NORTH AMERICA DIAGNOSTIC ECG SYSTEM MARKET, BY STRESS ECG SYSTEM, 2021-2028 (IN $ MILLION)
FIGURE 14: NORTH AMERICA DIAGNOSTIC ECG SYSTEM MARKET, BY HOLTER ECG SYSTEM, 2021-2028 (IN $ MILLION)
FIGURE 15: NORTH AMERICA ECG EQUIPMENT MARKET, BY MONITORING ECG SYSTEM, 2021-2028 (IN $ MILLION)
FIGURE 16: NORTH AMERICA MONITORING ECG SYSTEM MARKET, BY EVENT MONITORING, 2021-2028 (IN $ MILLION)
FIGURE 17: NORTH AMERICA MONITORING ECG SYSTEM MARKET, BY CONTINUOUS MONITORING, 2021-2028 (IN $ MILLION)
FIGURE 18: NORTH AMERICA MONITORING ECG SYSTEM MARKET, BY REMOTE MONITORING, 2021-2028 (IN $ MILLION)
FIGURE 19: NORTH AMERICA ECG EQUIPMENT MARKET, BY SYSTEM, IN 2020
FIGURE 20: NORTH AMERICA ECG EQUIPMENT MARKET, BY PORTABLE ECG SYSTEM, 2021-2028 (IN $ MILLION)
FIGURE 21: NORTH AMERICA ECG EQUIPMENT MARKET, BY STATIONARY ECG SYSTEM, 2021-2028 (IN $ MILLION)
FIGURE 22: NORTH AMERICA ECG EQUIPMENT MARKET, BY END-USER, IN 2020
FIGURE 23: NORTH AMERICA ECG EQUIPMENT MARKET, BY HOSPITAL, 2021-2028 (IN $ MILLION)
FIGURE 24: NORTH AMERICA ECG EQUIPMENT MARKET, BY HOME/AMBULATORY CARE, 2021-2028 (IN $ MILLION)
FIGURE 25: NORTH AMERICA ECG EQUIPMENT MARKET, BY OTHER END-USERS, 2021-2028 (IN $ MILLION)
FIGURE 26: NORTH AMERICA ECG EQUIPMENT MARKET, COUNTRY OUTLOOK, 2020 & 2028 (IN %)
FIGURE 27: UNITED STATES ECG EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)
FIGURE 28: CANADA ECG EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)
- GEOGRAPHICAL ANALYSIS
- NORTH AMERICA
- MARKET SIZE & ESTIMATES
- KEY GROWTH ENABLERS
- KEY CHALLENGES
- KEY PLAYERS
- COUNTRY ANALYSIS
- UNITED STATES
- CANADA
- NORTH AMERICA
- 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
- DIAGNOSTIC ECG SYSTEM
- MARKET BY SYSTEM
- PORTABLE ECG SYSTEM
- STATIONARY ECG SYSTEM
- MARKET BY END-USER
- HOSPITAL
- HOME/AMBULATORY CARE
- OTHER END-USERS
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