Global Diagnostic Electrocardiograph (ECG) Market 2024-2028

The diagnostic electrocardiograph (ECG) market is forecasted to grow by USD 4356.94 mn during 2023-2028, accelerating at a CAGR of 8.49% during the forecast period. The report on the diagnostic electrocardiograph (ECG) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased incidence of cardiac disorders, increasing focus on preventive treatment, and increasing number of heart specialty centers.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	8.17%
CAGR	8.49%
Incremental Value	$4356.94mn

Technavio's diagnostic electrocardiograph (ECG) market is segmented as below:

By End-user

Hospitals/clinics/cardiac care centers
Ambulatory surgical centers
Home setting

By Product

Resting ECG
Stress
Mobile cardiac telemetry device
Implantable loop recorder

By Geographical Landscape

North America
Europe
Asia
Rest of World (ROW)

This study identifies the integration of technologies to develop advanced diagnostic ECG as one of the prime reasons driving the diagnostic electrocardiograph (ECG) market growth during the next few years. Also, emergence of remote monitoring diagnostic ECG and increasing uptake of MCT will lead to sizable demand in the market.

The report on the diagnostic electrocardiograph (ECG) market covers the following areas:

Diagnostic electrocardiograph (ECG) market sizing
Diagnostic electrocardiograph (ECG) market forecast
Diagnostic electrocardiograph (ECG) market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading diagnostic electrocardiograph (ECG) market vendors that include ACS Diagnostics Inc., Allengers Medical Systems Ltd., Ambu AS, Baxter International Inc., Bionet America, BPL MEDICAL TECHNOLOGIES Pvt. Ltd., Cardioline SpA, EDAN Instruments Inc., Fukuda Denshi Co. Ltd., General Electric Co., Innomed Medical Inc., Koninklijke Philips N.V., Midmark Corp., Mindray Bio medical Electronics Co. Ltd., NEXUS LIFECARE PVT. LTD., Nihon Kohden Corp., Norav Medical, OSI Systems Inc., SCHILLER AG, and VectraCor Inc.. Also, the diagnostic electrocardiograph (ECG) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR74666

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 06: Executive Summary - Chart on Market Segmentation by Product
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global diagnostic Electrocardiograph (ECG) market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global diagnostic electrocardiograph (ecg) market 2018 - 2022 ($ million)
4.2 End-user Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - End-user Segment 2018 - 2022 ($ million)
4.3 Product Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Product Segment 2018 - 2022 ($ million)
4.4 Region Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Region Segment 2018 - 2022 ($ million)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by End-user

6.1 Market segments
Exhibit 30: Chart on End-user - Market share 2023-2028 (%)
Exhibit 31: Data Table on End-user - Market share 2023-2028 (%)
6.2 Comparison by End-user
Exhibit 32: Chart on Comparison by End-user
Exhibit 33: Data Table on Comparison by End-user
6.3 Hospitals/clinics/cardiac care centers - Market size and forecast 2023-2028
Exhibit 34: Chart on Hospitals/clinics/cardiac care centers - Market size and forecast 2023-2028 ($ million)
Exhibit 35: Data Table on Hospitals/clinics/cardiac care centers - Market size and forecast 2023-2028 ($ million)
Exhibit 36: Chart on Hospitals/clinics/cardiac care centers - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Hospitals/clinics/cardiac care centers - Year-over-year growth 2023-2028 (%)
6.4 Ambulatory surgical centers - Market size and forecast 2023-2028
Exhibit 38: Chart on Ambulatory surgical centers - Market size and forecast 2023-2028 ($ million)
Exhibit 39: Data Table on Ambulatory surgical centers - Market size and forecast 2023-2028 ($ million)
Exhibit 40: Chart on Ambulatory surgical centers - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Ambulatory surgical centers - Year-over-year growth 2023-2028 (%)
6.5 Home setting - Market size and forecast 2023-2028
Exhibit 42: Chart on Home setting - Market size and forecast 2023-2028 ($ million)
Exhibit 43: Data Table on Home setting - Market size and forecast 2023-2028 ($ million)
Exhibit 44: Chart on Home setting - Year-over-year growth 2023-2028 (%)
Exhibit 45: Data Table on Home setting - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by End-user
Exhibit 46: Market opportunity by End-user ($ million)
Exhibit 47: Data Table on Market opportunity by End-user ($ million)

7 Market Segmentation by Product

7.1 Market segments
Exhibit 48: Chart on Product - Market share 2023-2028 (%)
Exhibit 49: Data Table on Product - Market share 2023-2028 (%)
7.2 Comparison by Product
Exhibit 50: Chart on Comparison by Product
Exhibit 51: Data Table on Comparison by Product
7.3 Resting ECG - Market size and forecast 2023-2028
Exhibit 52: Chart on Resting ECG - Market size and forecast 2023-2028 ($ million)
Exhibit 53: Data Table on Resting ECG - Market size and forecast 2023-2028 ($ million)
Exhibit 54: Chart on Resting ECG - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Resting ECG - Year-over-year growth 2023-2028 (%)
7.4 Stress - Market size and forecast 2023-2028
Exhibit 56: Chart on Stress - Market size and forecast 2023-2028 ($ million)
Exhibit 57: Data Table on Stress - Market size and forecast 2023-2028 ($ million)
Exhibit 58: Chart on Stress - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Stress - Year-over-year growth 2023-2028 (%)
7.5 Mobile cardiac telemetry device - Market size and forecast 2023-2028
Exhibit 60: Chart on Mobile cardiac telemetry device - Market size and forecast 2023-2028 ($ million)
Exhibit 61: Data Table on Mobile cardiac telemetry device - Market size and forecast 2023-2028 ($ million)
Exhibit 62: Chart on Mobile cardiac telemetry device - Year-over-year growth 2023-2028 (%)
Exhibit 63: Data Table on Mobile cardiac telemetry device - Year-over-year growth 2023-2028 (%)
7.6 Implantable loop recorder - Market size and forecast 2023-2028
Exhibit 64: Chart on Implantable loop recorder - Market size and forecast 2023-2028 ($ million)
Exhibit 65: Data Table on Implantable loop recorder - Market size and forecast 2023-2028 ($ million)
Exhibit 66: Chart on Implantable loop recorder - Year-over-year growth 2023-2028 (%)
Exhibit 67: Data Table on Implantable loop recorder - Year-over-year growth 2023-2028 (%)
7.7 Market opportunity by Product
Exhibit 68: Market opportunity by Product ($ million)
Exhibit 69: Data Table on Market opportunity by Product ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 71: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 72: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 73: Chart on Geographic comparison
Exhibit 74: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
Exhibit 75: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 76: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 77: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Exhibit 79: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 80: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 81: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 Asia - Market size and forecast 2023-2028
Exhibit 83: Chart on Asia - Market size and forecast 2023-2028 ($ million)
Exhibit 84: Data Table on Asia - Market size and forecast 2023-2028 ($ million)
Exhibit 85: Chart on Asia - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on Asia - Year-over-year growth 2023-2028 (%)
9.6 Rest of World (ROW) - Market size and forecast 2023-2028
Exhibit 87: Chart on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
Exhibit 88: Data Table on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
Exhibit 89: Chart on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
9.7 US - Market size and forecast 2023-2028
Exhibit 91: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibit 92: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibit 93: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on US - Year-over-year growth 2023-2028 (%)
9.8 Canada - Market size and forecast 2023-2028
Exhibit 95: Chart on Canada - Market size and forecast 2023-2028 ($ million)
Exhibit 96: Data Table on Canada - Market size and forecast 2023-2028 ($ million)
Exhibit 97: Chart on Canada - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on Canada - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
Exhibit 99: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibit 100: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibit 101: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Germany - Market size and forecast 2023-2028
Exhibit 103: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 104: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 105: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.11 UK - Market size and forecast 2023-2028
Exhibit 107: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 108: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 109: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibit 110: Data Table on UK - Year-over-year growth 2023-2028 (%)
9.12 Market opportunity By Geographical Landscape
Exhibit 111: Market opportunity By Geographical Landscape ($ million)
Exhibit 112: Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 113: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 115: Overview on factors of disruption
11.4 Industry risks
Exhibit 116: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 117: Vendors covered
12.2 Market positioning of vendors
Exhibit 118: Matrix on vendor position and classification
12.3 ACS Diagnostics Inc.
Exhibit 119: ACS Diagnostics Inc. - Overview
Exhibit 120: ACS Diagnostics Inc. - Product / Service
Exhibit 121: ACS Diagnostics Inc. - Key offerings
12.4 Allengers Medical Systems Ltd.
Exhibit 122: Allengers Medical Systems Ltd. - Overview
Exhibit 123: Allengers Medical Systems Ltd. - Product / Service
Exhibit 124: Allengers Medical Systems Ltd. - Key offerings
12.5 Ambu AS
Exhibit 125: Ambu AS - Overview
Exhibit 126: Ambu AS - Product / Service
Exhibit 127: Ambu AS - Key offerings
12.6 Bionet America
Exhibit 128: Bionet America - Overview
Exhibit 129: Bionet America - Product / Service
Exhibit 130: Bionet America - Key offerings
12.7 BPL MEDICAL TECHNOLOGIES Pvt. Ltd.
Exhibit 131: BPL MEDICAL TECHNOLOGIES Pvt. Ltd. - Overview
Exhibit 132: BPL MEDICAL TECHNOLOGIES Pvt. Ltd. - Product / Service
Exhibit 133: BPL MEDICAL TECHNOLOGIES Pvt. Ltd. - Key offerings
12.8 Cardioline SpA
Exhibit 134: Cardioline SpA - Overview
Exhibit 135: Cardioline SpA - Product / Service
Exhibit 136: Cardioline SpA - Key offerings
12.9 EDAN Instruments Inc.
Exhibit 137: EDAN Instruments Inc. - Overview
Exhibit 138: EDAN Instruments Inc. - Product / Service
Exhibit 139: EDAN Instruments Inc. - Key offerings
12.10 Fukuda Denshi Co. Ltd.
Exhibit 140: Fukuda Denshi Co. Ltd. - Overview
Exhibit 141: Fukuda Denshi Co. Ltd. - Business segments
Exhibit 142: Fukuda Denshi Co. Ltd. - Key offerings
Exhibit 143: Fukuda Denshi Co. Ltd. - Segment focus
12.11 General Electric Co.
Exhibit 144: General Electric Co. - Overview
Exhibit 145: General Electric Co. - Business segments
Exhibit 146: General Electric Co. - Key news
Exhibit 147: General Electric Co. - Key offerings
Exhibit 148: General Electric Co. - Segment focus
12.12 Innomed Medical Inc.
Exhibit 149: Innomed Medical Inc. - Overview
Exhibit 150: Innomed Medical Inc. - Product / Service
Exhibit 151: Innomed Medical Inc. - Key offerings
12.13 Koninklijke Philips N.V.
Exhibit 152: Koninklijke Philips N.V. - Overview
Exhibit 153: Koninklijke Philips N.V. - Business segments
Exhibit 154: Koninklijke Philips N.V. - Key news
Exhibit 155: Koninklijke Philips N.V. - Key offerings
Exhibit 156: Koninklijke Philips N.V. - Segment focus
12.14 Midmark Corp.
Exhibit 157: Midmark Corp. - Overview
Exhibit 158: Midmark Corp. - Product / Service
Exhibit 159: Midmark Corp. - Key offerings
12.15 Nihon Kohden Corp.
Exhibit 160: Nihon Kohden Corp. - Overview
Exhibit 161: Nihon Kohden Corp. - Product / Service
Exhibit 162: Nihon Kohden Corp. - Key news
Exhibit 163: Nihon Kohden Corp. - Key offerings
12.16 OSI Systems Inc.
Exhibit 164: OSI Systems Inc. - Overview
Exhibit 165: OSI Systems Inc. - Business segments
Exhibit 166: OSI Systems Inc. - Key offerings
Exhibit 167: OSI Systems Inc. - Segment focus
12.17 VectraCor Inc.
Exhibit 168: VectraCor Inc. - Overview
Exhibit 169: VectraCor Inc. - Product / Service
Exhibit 170: VectraCor Inc. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 171: Inclusions checklist
Exhibit 172: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 173: Currency conversion rates for US$
13.4 Research methodology
Exhibit 174: Research methodology
Exhibit 175: Validation techniques employed for market sizing
Exhibit 176: Information sources
13.5 List of abbreviations
Exhibit 177: List of abbreviations