The Global ECG Equipment And Management Systems Market was valued at $5.9 Billion in 2020. Growing at a high CAGR of more than 6.6% between 2021 and 2031, it is estimated to reach $12.3 Billion by 2031. But due to the current COVID-19 pandemic, there might be a slight difference in the growth rate in the present year. Increased prevalence of cardiac arrhythmia along with the increased demand for ambulatory monitoring devices will help to accelerate the growth of the market during the forecasted period.
Global ECG Equipment And Management Systems Market Is Estimated To Witness Remarkable Growth
Source: SAI Research
The Global ECG Equipment And Management Systems Market has been segmented into type and end-use. On the basis of type Global ECG Equipment And Management Systems Market has been segmented into Holter Monitors, Resting ECG System, Stress ECG Monitors, Event Monitoring Systems, ECG Management Systems. On the basis of end-use Global ECG Equipment And Management Systems Market has been segmented into Hospitals & Clinics, Ambulatory Facilities, Others.
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By Region, North America Is Holding The Major Market Share
The Global ECG Equipment And Management Systems Market has been geographically segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. In addition to this, North America Global ECG Equipment And Management Systems Market is holding the largest market share at present and is estimated to witness a high compound annual growth rate during the upcoming forecasted period. The increased geriatric population and the increased lifestyle diseases are the main factors that have led this region to dominate the market during the forecasted period. Besides this Asia Pacific is also going to witness remarkable growth during the upcoming forecasted period.
Major Players in Global ECG Equipment And Management Systems Market
Some of the major players in the Global ECG Equipment And Management Systems Market include GE Healthcare, Nihon Kohden Corporation, BioTelemetry, Inc., CompuMed, Inc., Schiller AG, Mindray Medical, Hill Rom, Koninklijke Philips N.V., Spacelabs Healthcare, McKesson Corporation, Drägerwerk AG & Co. KGaA, Mindray Bio-Medical Electronics Co., Ltd., Meditech Equipment Co., Ltd., CardioComm Solutions, Inc., Device Technologies.
Scope of the Report:
Report Coverage |
Details |
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Base Year: |
2020 |
Market Size in 2020: |
US$ 5.9 Billion |
Historical Data for: |
2018 to 2020 |
Forecast Period: |
2021 to 2031 |
Forecast Period 2021 to 2031 CAGR: |
6.6% |
2031 Value Projection: |
US$ 12.3 Billion |
Segments covered: |
By Type - Holter Monitors, Resting ECG System, Stress ECG Monitors, Event Monitoring Systems, ECG Management Systems. By End-Use - Hospitals & Clinics, Ambulatory Facilities, Others. |
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Geographies covered: |
North America: U.S., Canada, Mexico Europe: Germany, U.K., Spain, France, Italy, Russia, Rest of Europe Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific Africa: South Africa, North Africa, and Africa Middle East: GCC, Israel, and Rest of Middle East Latin America: Brazil, Argentina, Rest of Latin America |
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Companies covered: |
GE Healthcare, Nihon Kohden Corporation, BioTelemetry, Inc., CompuMed, Inc., Schiller AG, Mindray Medical, Hill Rom, Koninklijke Philips N.V., Spacelabs Healthcare, McKesson Corporation, Drägerwerk AG & Co. KGaA, Mindray Bio-Medical Electronics Co., Ltd., Meditech Equipment Co., Ltd., CardioComm Solutions, Inc., Device Technologies. |
The Global ECG Equipment And Management Systems Market Has Been Segmented Into:
Global ECG Equipment And Management Systems Market, By Type
Global ECG Equipment And Management Systems Market, By End-Use
Global ECG Equipment And Management Systems Market, By Region
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