Market by System, Product, Lead Type, Industry Verticals, and Country Outlook | Forecast 2021-2028
In its report on the ECG equipment market in the Middle East and Africa, Triton has concluded that this industry will develop with a CAGR of 5.70% in the forecasting years from 2021 to 2028.
The
countries analyzed in this market include:
• South Africa
• Saudi Arabia
• Turkey
• The United Arab Emirates
• Rest of MEA countries
As
per an article published in 2020, cardiovascular disease (CVD) is the leading
cause of death in Saudi Arabia. Also, it is estimated that the risk factors for
CVD prevalence are high in the country’s population, including low physical
activity, obesity, consumption of unhealthy diet, dyslipidemia, hypertension,
and diabetes. Obesity is a public health threat in Saudi Arabia, correlating
directly to cardiovascular & metabolic disorders as well as cancer. Saudi
Arabia is among the top countries with high obesity rates. Around 70% of the
population here is obese, as per the Saudi Food and Nutrition Association 2018.
Thus, the growing burden of CVD and obesity is found to be significant and increasing,
which helps in raising the demand for ECG equipment. This, in turn, is expected
to bolster the market growth during the forecast period.
On
the other hand, hypertension, heart diseases, and stroke are some of the major
health concerns in South Africa. A high proportion of the population here
suffers from overweight and obesity, which contributes to heart diseases. This
growing incidence of CVDs is expected to enhance the demand for ECG equipment
in the country, which would positively impact the growth of the market studied
in the coming years. Additionally, there are several initiatives and campaigns
being promoted in South Africa, to educate and raise awareness on CVD, such as
Stent for Life, a joint initiative between the SASCI, the EAPCI, EuroPCR, and
SAHA. Factors such as these are also expected to contribute to the overall
market growth.
Siemens
Healthineers AG is a med-tech company engaged in manufacturing and marketing
clinical diagnostics and therapeutic systems. The major products of the company
include medical imaging, ultrasound, POC testing, clinical specialties &
diseases, healthcare IT, and laboratory diagnostics systems & devices. It
also offers operational management, design, maintenance, consulting, and
training & education services. Siemens Healthineers serves universities,
clinics & laboratories, healthcare providers, including hospitals &
hospital systems, public health agencies, private health insurers, clinical
research institutes, and pharmaceutical companies. It has a business presence
in the Middle East and Africa, among other regions.
1. MIDDLE
EAST AND AFRICA ECG EQUIPMENT MARKET – SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON THE ECG EQUIPMENT MARKET
2.2. KEY
INSIGHTS
2.3. PORTER’S
FIVE FORCES MODEL
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTE PRODUCTS
2.3.3. BARGAINING
POWER OF BUYERS
2.3.4. BARGAINING
POWER OF SUPPLIERS
2.3.5. COMPETITIVE
RIVALRY
2.4. KEY
IMPACT ANALYSIS
2.5. INDUSTRY
COMPONENTS
2.6. MARKET
ATTRACTIVENESS INDEX
2.7. VENDOR
SCORECARD
2.8. KEY
MARKET STRATEGIES
2.8.1. CONTRACTS
AND PARTNERSHIPS
2.8.2. BUSINESS
EXPANSIONS, ANNOUNCEMENTS & DIVESTITURES
2.8.3. ACQUISITIONS
& MERGERS
2.8.4. NEW
PRODUCT LAUNCHES & DEVELOPMENTS
2.9. MARKET
DRIVERS
2.9.1. GROWING
DEMAND FOR ECG DATA MANAGEMENT SOLUTIONS
2.9.2. PREVALENCE
OF CARDIOVASCULAR DISEASES IMPACTING THE ECG MARKET
2.10. MARKET
CHALLENGES
2.10.1. INTENSE
COMPETITION AMONG THE VENDORS IN THE ECG DEVICES MARKET
2.10.2. LOW
REIMBURSEMENT RATE FOR CARDIOVASCULAR DISEASES (CVD) ACTING AS A RESTRAINT TO
THE ECG MARKET
2.10.3. PRODUCT
RECALLS
2.11. MARKET
OPPORTUNITIES
2.11.1. USAGE
OF MONITORING DEVICES DUE TO INCREASED GERIATRIC POPULATION
2.11.2. ADVANCEMENTS
IN IMAGING MODALITIES
3. MIDDLE
EAST AND AFRICA ECG EQUIPMENT MARKET – BY SYSTEM
3.1. PORTABLE
ECG SYSTEM
3.2. STATIONARY
ECG SYSTEM
4. MIDDLE
EAST AND AFRICA ECG EQUIPMENT MARKET – BY PRODUCT
4.1. DIAGNOSTIC
ECG SYSTEM
4.1.1. REST
ECG SYSTEM
4.1.2. STRESS
ECG SYSTEM
4.1.3. HOLTER
ECG SYSTEM
4.2. MONITORING
ECG SYSTEM
4.2.1. EVENT
MONITORING
4.2.2. CONTINUOUS
MONITORING
4.2.3. REMOTE
MONITORING
5. MIDDLE
EAST AND AFRICA ECG EQUIPMENT MARKET – BY LEAD TYPE
5.1. SINGLE
LEAD
5.2. 3-6
LEAD
5.3. 12-LEAD
6. MIDDLE
EAST AND AFRICA ECG EQUIPMENT MARKET – BY INDUSTRY VERTICALS
6.1. HOSPITAL
6.2. HOME/AMBULATORY
CARE
6.3. OTHER
INDUSTRY VERTICALS
7. MIDDLE
EAST AND AFRICA ECG EQUIPMENT MARKET – MIDDLE EAST AND AFRICA
7.1. COUNTRY
ANALYSIS
7.1.1. SAUDI
ARABIA
7.1.2. UNITED
ARAB EMIRATES
7.1.3. TURKEY
7.1.4. SOUTH
AFRICA
7.1.5. REST
OF MIDDLE EAST & AFRICA
8. COMPANY
PROFILES
8.1. BIONET
CO LTD
8.2. BIOTELEMETRY
INC
8.3. COMPUMED
INC
8.4. FUKUDA
DENSHI CO LTD
8.5. GE
HEALTHCARE
8.6. HILL
ROM HOLDINGS INC
8.7. MCKESSON
CORPORATION
8.8. MEDIBIOSENSE
LTD
8.9. MINDRAY
MEDICAL INTERNATIONAL LIMITED
8.10. NIHON
KOHDEN CORPORATION
8.11. PHILIPS
HEALTHCARE
8.12. SCHILLER
AG
8.13. SIEMENS
HEALTHINEERS AG
8.14. SPACELABS
HEALTHCARE (SUBSIDIARY OF OSI SYSTEMS INC)
8.15. ZOLL
MEDICAL CORPORATION (ACQUIRED BY ASAHI KASEI)
9. RESEARCH
METHODOLOGY & SCOPE
9.1. RESEARCH
SCOPE & DELIVERABLES
9.1.1. OBJECTIVES
OF STUDY
9.1.2. SCOPE
OF STUDY
9.2. SOURCES
OF DATA
9.2.1. PRIMARY
DATA SOURCES
9.2.2. SECONDARY
DATA SOURCES
9.3. RESEARCH
METHODOLOGY
9.3.1. EVALUATION
OF PROPOSED MARKET
9.3.2. IDENTIFICATION
OF DATA SOURCES
9.3.3. ASSESSMENT
OF MARKET DETERMINANTS
9.3.4. DATA
COLLECTION
9.3.5. DATA
VALIDATION & ANALYSIS
TABLE 1: MIDDLE EAST
AND AFRICA ECG EQUIPMENT MARKET, REGIONAL OUTLOOK, 2021-2028 (IN $ MILLION)
TABLE 2: VENDOR
SCORECARD
TABLE 3: CONTRACTS AND
PARTNERSHIPS
TABLE 4: BUSINESS
EXPANSIONS, ANNOUNCEMENTS & DIVESTITURES
TABLE 5: ACQUISITIONS
& MERGERS
TABLE 6: NEW PRODUCT
LAUNCHES & DEVELOPMENTS
TABLE 7: TYPES OF
CARDIOVASCULAR DISEASES
TABLE 8: MIDDLE EAST
AND AFRICA ECG EQUIPMENT MARKET, BY SYSTEM, 2021-2028 (IN $ MILLION)
TABLE 9: MIDDLE EAST
AND AFRICA ECG EQUIPMENT MARKET, BY PRODUCT, 2021-2028 (IN $ MILLION)
TABLE 10: MIDDLE EAST
AND AFRICA DIAGNOSTIC ECG SYSTEM MARKET, BY TYPE, 2021-2028 (IN $ MILLION)
TABLE 11: MIDDLE EAST
AND AFRICA MONITORING ECG SYSTEM MARKET, BY TYPE, 2021-2028 (IN $ MILLION)
TABLE 12: MIDDLE EAST
AND AFRICA ECG EQUIPMENT MARKET, BY LEAD TYPE, 2021-2028 (IN $ MILLION)
TABLE 13: DESCRIPTION
OF VARIOUS SINGLE LEAD PRODUCTS
TABLE 14: DESCRIPTION
OF VARIOUS 3-6 LEAD PRODUCTS
TABLE 15: DESCRIPTION
OF VARIOUS 12 LEAD PRODUCTS
TABLE 16: MIDDLE EAST
AND AFRICA ECG EQUIPMENT MARKET, BY INDUSTRY VERTICALS, 2021-2028 (IN $
MILLION)
TABLE 17: MIDDLE EAST
AND AFRICA ECG EQUIPMENT MARKET, COUNTRY OUTLOOK, 2021-2028 (IN $ MILLION)
FIGURE 1: MIDDLE EAST AND AFRICA ECG EQUIPMENT MARKET 2021-2028 (IN $
MILLION)
FIGURE 2: KEY FACTS OF CARDIOVASCULAR DISEASES
FIGURE 3: MIDDLE EAST AND AFRICA ECG EQUIPMENT MARKET, BY SYSTEM, 2020
& 2028 (IN %)
FIGURE 4: MIDDLE EAST AND AFRICA ECG EQUIPMENT MARKET, BY PORTABLE ECG
SYSTEM, 2021-2028 (IN $ MILLION)
FIGURE 5: MIDDLE EAST AND AFRICA ECG EQUIPMENT MARKET, BY STATIONARY ECG
SYSTEM, 2021-2028 (IN $ MILLION)
FIGURE 6: MIDDLE EAST AND AFRICA ECG EQUIPMENT MARKET, BY PRODUCT, 2020
& 2028 (IN %)
FIGURE 7: MIDDLE EAST AND AFRICA ECG EQUIPMENT MARKET, BY DIAGNOSTIC ECG
SYSTEM, 2021-2028 (IN $ MILLION)
FIGURE 8: MIDDLE EAST AND AFRICA DIAGNOSTIC ECG SYSTEM MARKET, BY REST
ECG SYSTEM, 2021-2028 (IN $ MILLION)
FIGURE 9: MIDDLE EAST AND AFRICA DIAGNOSTIC ECG SYSTEM MARKET, BY STRESS
ECG SYSTEM, 2021-2028 (IN $ MILLION)
FIGURE 10: MIDDLE EAST AND AFRICA DIAGNOSTIC ECG SYSTEM MARKET, BY HOLTER
ECG SYSTEM, 2021-2028 (IN $ MILLION)
FIGURE 11: MIDDLE EAST AND AFRICA ECG EQUIPMENT MARKET, BY MONITORING ECG
SYSTEM, 2021-2028 (IN $ MILLION)
FIGURE 12: MIDDLE EAST AND AFRICA MONITORING ECG SYSTEM MARKET, BY EVENT
MONITORING, 2021-2028 (IN $ MILLION)
FIGURE 13: MIDDLE EAST AND AFRICA MONITORING ECG SYSTEM MARKET, BY
CONTINUOUS MONITORING, 2021-2028 (IN $ MILLION)
FIGURE 14: MIDDLE EAST AND AFRICA MONITORING ECG SYSTEM MARKET, BY REMOTE
MONITORING, 2021-2028 (IN $ MILLION)
FIGURE 15: MIDDLE EAST AND AFRICA ECG EQUIPMENT MARKET, BY LEAD TYPE,
2020 & 2028 (IN %)
FIGURE 16: MIDDLE EAST AND AFRICA ECG EQUIPMENT MARKET, BY SINGLE LEAD,
2021-2028 (IN $ MILLION)
FIGURE 17: MIDDLE EAST AND AFRICA ECG EQUIPMENT MARKET, BY 3-6 LEAD,
2021-2028 (IN $ MILLION)
FIGURE 18: MIDDLE EAST AND AFRICA ECG EQUIPMENT MARKET, BY 12-LEAD,
2021-2028 (IN $ MILLION)
FIGURE 19: MIDDLE EAST AND AFRICA ECG EQUIPMENT MARKET, BY INDUSTRY
VERTICALS, 2020 & 2028 (IN %)
FIGURE 20: MIDDLE EAST AND AFRICA ECG EQUIPMENT MARKET, BY HOSPITAL,
2021-2028 (IN $ MILLION)
FIGURE 21: MIDDLE EAST AND AFRICA ECG EQUIPMENT MARKET, BY
HOME/AMBULATORY CARE, 2021-2028 (IN $ MILLION)
FIGURE 22: MIDDLE EAST AND AFRICA ECG EQUIPMENT MARKET, BY OTHER INDUSTRY
VERTICALS, 2021-2028 (IN $ MILLION)
FIGURE 23: SAUDI ARABIA ECG EQUIPMENT MARKET 2021-2028 (IN $ MILLION)
FIGURE 24: UNITED ARAB EMIRATES ECG EQUIPMENT MARKET 2021-2028 (IN $
MILLION)
FIGURE 25: TURKEY ECG EQUIPMENT MARKET 2021-2028 (IN $ MILLION)
FIGURE 26: SOUTH AFRICA ECG EQUIPMENT MARKET 2021-2028 (IN $ MILLION)
FIGURE 27: REST OF MIDDLE EAST & AFRICA ECG EQUIPMENT MARKET
2021-2028 (IN $ MILLION)