Market by System, Product, Lead Type, Industry Verticals, and Country Outlook | Forecast 2021-2028
North America’s ECG equipment market is expected to observe growth in the forecast years from 2021 to 2028, while growing with a CAGR of 4.85%.
The
countries examined in this market include:
• The United States
• Canada
In
Canada, atrial fibrillation (AF) is the most common pathologic arrhythmia,
affecting approximately 350,000 individuals. The Cardiac Arrhythmia Network of
Canada has estimated that arrhythmia would be the leading cause of death in the
coming years. With that, heart failure is also on the rise in the nation, with
nearly 600,000 individuals living with heart diseases. Several small companies
with their primary business in the ECG devices market, such as Contex
International, CardioComm Solutions, and AliveCor, have are setting foot in
Canada. These companies have launched various devices, which have helped in the
growth of the overall market.
In
2015, AliveCor Inc launched the AliveCor Mobile ECG for patients and physicians
across Canada. With the AliveCor Mobile ECG and the Alive ECG app, users can
instantly detect the presence of AF, via an ECG, and manage their heart health
with an FDA-approved and Health Canada-licensed ECG monitor, from anywhere and
at any time. The increase in healthcare spending, rise in the prevalence of
heart diseases, consumer awareness on the importance of early disease
detection, emerging new players, and the presence of multinational corporations
are expected to fuel the growth of the Canadian market in the years to come.
BioTelemetry
Inc is a med-tech company providing remote blood glucose monitoring, remote
cardiac monitoring, and centralized core lab services for clinical trials. It
is also an OEM for healthcare and clinical research customers around the world.
It operates in Healthcare, Research, Corporate, and Other segments. The
Healthcare segment focuses on remote cardiac monitoring to detect arrhythmias. The
company also provides Holter and extended-wear Holter monitors, as well as INR
monitoring services. It serves cardiologists, neurologists,
electrophysiologists, and primary care physicians. The US-based company was
founded in 1994, and is headquartered in Malvern, Pennsylvania.
1. NORTH
AMERICA 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. LEGAL,
POLICY & REGULATORY FRAMEWORK
2.6. INDUSTRY
COMPONENTS
2.7. MARKET
ATTRACTIVENESS INDEX
2.8. VENDOR
SCORECARD
2.9. KEY
MARKET STRATEGIES
2.9.1. CONTRACTS
AND PARTNERSHIPS
2.9.2. BUSINESS
EXPANSIONS, ANNOUNCEMENTS & DIVESTITURES
2.9.3. ACQUISITIONS
& MERGERS
2.9.4. NEW
PRODUCT LAUNCHES & DEVELOPMENTS
2.10. MARKET
DRIVERS
2.10.1. SUPPORTIVE
LAWS AND REGULATIONS TO ACCOMMODATE BETTER RESEARCH AND DEVELOPMENT OF ECG
EQUIPMENT PRODUCTS
2.10.2. GROWING
DEMAND FOR ECG DATA MANAGEMENT SOLUTIONS
2.10.3. PREVALENCE
OF CARDIOVASCULAR DISEASES IMPACTING THE ECG MARKET
2.11. MARKET
CHALLENGES
2.11.1. INTENSE
COMPETITION AMONG THE VENDORS IN THE ECG DEVICES MARKET
2.11.2. LOW
REIMBURSEMENT RATE FOR CARDIOVASCULAR DISEASES (CVD) ACTING AS A RESTRAINT TO
THE ECG MARKET
2.11.3. PRODUCT
RECALLS
2.12. MARKET
OPPORTUNITIES
2.12.1. USAGE
OF MONITORING DEVICES DUE TO INCREASED GERIATRIC POPULATION
2.12.2. ADVANCEMENTS
IN IMAGING MODALITIES
3. NORTH
AMERICA ECG EQUIPMENT MARKET – BY SYSTEM
3.1. PORTABLE
ECG SYSTEM
3.2. STATIONARY
ECG SYSTEM
4. NORTH
AMERICA 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. NORTH
AMERICA ECG EQUIPMENT MARKET – BY LEAD TYPE
5.1. SINGLE
LEAD
5.2. 3-6
LEAD
5.3. 12-LEAD
6. NORTH
AMERICA ECG EQUIPMENT MARKET – BY INDUSTRY VERTICALS
6.1. HOSPITAL
6.2. HOME/AMBULATORY
CARE
6.3. OTHER
INDUSTRY VERTICALS
7. NORTH
AMERICA ECG EQUIPMENT MARKET – NORTH AMERICA
7.1. COUNTRY
ANALYSIS
7.1.1. THE
UNITED STATES
7.1.2. CANADA
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: NORTH AMERICA
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: NORTH AMERICA
ECG EQUIPMENT MARKET, BY SYSTEM, 2021-2028 (IN $ MILLION)
TABLE 9: NORTH AMERICA
ECG EQUIPMENT MARKET, BY PRODUCT, 2021-2028 (IN $ MILLION)
TABLE 10: NORTH AMERICA
DIAGNOSTIC ECG SYSTEM MARKET, BY TYPE, 2021-2028 (IN $ MILLION)
TABLE 11: NORTH AMERICA
MONITORING ECG SYSTEM MARKET, BY TYPE, 2021-2028 (IN $ MILLION)
TABLE 12: NORTH AMERICA
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: NORTH AMERICA
ECG EQUIPMENT MARKET, BY INDUSTRY VERTICALS, 2021-2028 (IN $ MILLION)
TABLE 17: NORTH AMERICA
ECG EQUIPMENT MARKET, COUNTRY OUTLOOK, 2021-2028 (IN $ MILLION)
FIGURE 1: NORTH AMERICA ECG EQUIPMENT MARKET 2021-2028 (IN $ MILLION)
FIGURE 2: KEY FACTS OF CARDIOVASCULAR DISEASES
FIGURE 3: NORTH AMERICA ECG EQUIPMENT MARKET, BY SYSTEM, 2020 & 2028
(IN %)
FIGURE 4: NORTH AMERICA ECG EQUIPMENT MARKET, BY PORTABLE ECG SYSTEM,
2021-2028 (IN $ MILLION)
FIGURE 5: NORTH AMERICA ECG EQUIPMENT MARKET, BY STATIONARY ECG SYSTEM,
2021-2028 (IN $ MILLION)
FIGURE 6: NORTH AMERICA ECG EQUIPMENT MARKET, BY PRODUCT, 2020 & 2028
(IN %)
FIGURE 7: NORTH AMERICA ECG EQUIPMENT MARKET, BY DIAGNOSTIC ECG SYSTEM,
2021-2028 (IN $ MILLION)
FIGURE 8: NORTH AMERICA DIAGNOSTIC ECG SYSTEM MARKET, BY REST ECG SYSTEM,
2021-2028 (IN $ MILLION)
FIGURE 9: NORTH AMERICA DIAGNOSTIC ECG SYSTEM MARKET, BY STRESS ECG
SYSTEM, 2021-2028 (IN $ MILLION)
FIGURE 10: NORTH AMERICA DIAGNOSTIC ECG SYSTEM MARKET, BY HOLTER ECG
SYSTEM, 2021-2028 (IN $ MILLION)
FIGURE 11: NORTH AMERICA ECG EQUIPMENT MARKET, BY MONITORING ECG SYSTEM,
2021-2028 (IN $ MILLION)
FIGURE 12: NORTH AMERICA MONITORING ECG SYSTEM MARKET, BY EVENT
MONITORING, 2021-2028 (IN $ MILLION)
FIGURE 13: NORTH AMERICA MONITORING ECG SYSTEM MARKET, BY CONTINUOUS
MONITORING, 2021-2028 (IN $ MILLION)
FIGURE 14: NORTH AMERICA MONITORING ECG SYSTEM MARKET, BY REMOTE
MONITORING, 2021-2028 (IN $ MILLION)
FIGURE 15: NORTH AMERICA ECG EQUIPMENT MARKET, BY LEAD TYPE, 2020 &
2028 (IN %)
FIGURE 16: NORTH AMERICA ECG EQUIPMENT MARKET, BY SINGLE LEAD, 2021-2028 (IN
$ MILLION)
FIGURE 17: NORTH AMERICA ECG EQUIPMENT MARKET, BY 3-6 LEAD, 2021-2028 (IN
$ MILLION)
FIGURE 18: NORTH AMERICA ECG EQUIPMENT MARKET, BY 12-LEAD, 2021-2028 (IN
$ MILLION)
FIGURE 19: NORTH AMERICA ECG EQUIPMENT MARKET, BY INDUSTRY VERTICALS, 2020
& 2028 (IN %)
FIGURE 20: NORTH AMERICA ECG EQUIPMENT MARKET, BY HOSPITAL, 2021-2028 (IN
$ MILLION)
FIGURE 21: NORTH AMERICA ECG EQUIPMENT MARKET, BY HOME/AMBULATORY CARE,
2021-2028 (IN $ MILLION)
FIGURE 22: NORTH AMERICA ECG EQUIPMENT MARKET, BY OTHER INDUSTRY
VERTICALS, 2021-2028 (IN $ MILLION)
FIGURE 23: THE UNITED STATES ECG EQUIPMENT MARKET 2021-2028 (IN $
MILLION)
FIGURE 24: CANADA ECG EQUIPMENT MARKET 2021-2028 (IN $ MILLION)