Electrocardiogram (ECG) is a device that records electrical activity of the heart in waveforms with electrodes, which are placed in contact to the body (chest) and the signals are amplified on the ECG monitor. The interpretation of these waveforms help in identifying symptoms of arrhythmia and acute coronary syndromes.
Restraints of the Global ECG Monitoring Systems Market
Major factors hampering the growth of the ECG monitoring systems market during the forecast period constitutes of lengthy medical device approval period. The U.S. FDA has implemented rules for in-vitro testing of Electrocardiogram (ECG) Devices, which includes environmental testing, software testing, electrical safety, and electromagnetic compatibility of the devices. Moreover, the time needed to process and approve 510(K) increased from 90 days to 140 days due to the complexity and volume of medical devices marketing submissions.
Key features of the study:
- This report provides in-depth analysis of the global ECG monitoring systems market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021, as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
- It profiles leading players in the global ECG monitoring systems market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, strategies, and future plans
- Key companies covered as a part of this study include GE Healthcare, Philips Healthcare, Nihon Kohden, Schiller AG, Opto Circuits (India) Limited, Opto Circuits (India) Limited, Welch Allyn, Fukuda Denshi Co., Ltd., OSI Systems, Lidco Group plc, Biotricity Inc., Bittium Corporation, St. Jude Medical Inc., VivaQuant, and Johnson & Johnson.
- Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
- The global ECG monitoring systems market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the market.
Detailed Segmentation
- Global ECG Monitoring Systems Market, By Equipment Type:
- ECG Monitoring Equipment
- Holter Monitoring Systems
- ECG Stress Testing Systems
- Event Monitoring Systems
- Global ECG Monitoring Systems Market, By End User:
- Hospitals
- Ambulatory Surgical Centers
- Clinics
- Global ECG Monitoring Systems Market, By Geography:
- By Equipment Type
- ECG Monitoring Equipment
- Holter Monitoring Systems
- ECG Stress Testing Systems
- Event Monitoring Systems
- By End User
- Hospitals
- Ambulatory Surgical Centers
- Clinics
- By Country:
- By Equipment Type
- ECG Monitoring Equipment
- Holter Monitoring Systems
- ECG Stress Testing Systems
- Event Monitoring Systems
- By End User
- Hospitals
- Ambulatory Surgical Centers
- Clinics
- By Country:
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- By Equipment Type
- ECG Monitoring Equipment
- Holter Monitoring Systems
- ECG Stress Testing Systems
- Event Monitoring Systems
- By End User
- Hospitals
- Ambulatory Surgical Centers
- Clinics
- By Country:
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- By Equipment Type
- ECG Monitoring Equipment
- Holter Monitoring Systems
- ECG Stress Testing Systems
- Event Monitoring Systems
- By End User
- Hospitals
- Ambulatory Surgical Centers
- Clinics
- By Country:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East:
- By Equipment Type
- ECG Monitoring Equipment
- Holter Monitoring Systems
- ECG Stress Testing Systems
- Event Monitoring Systems
- By End User
- Hospitals
- Ambulatory Surgical Centers
- Clinics
- By Country:
- GCC
- Israel
- Rest of Middle East
- Africa
- By Equipment Type
- ECG Monitoring Equipment
- Holter Monitoring Systems
- ECG Stress Testing Systems
- Event Monitoring Systems
- By End User
- Hospitals
- Ambulatory Surgical Centers
- Clinics
- By Country/Region:
- Central Africa
- South Africa
- North Africa
- Company Profiles
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Philips Healthcare
- Nihon Kohden
- Schiller AG
- Opto Circuits (India) Limited
- Welch Allyn
- Fukuda Denshi Co., Ltd.
- Lidco Group plc
- Biotricity Inc.
- Bittium Corporation
- VivaQuant
"*" marked represents similar segmentation in other categories in the respective section.