"Designing Growth Strategies is in our DNA"

ECG Devices Market Size, Share and Global Trend By Product (Wearable Holter Monitor, Portable Handheld ECG, Lead), By End User (Hospitals, Ambulatory surgical centers, Diagnostic centers, Specialty Clinics, Others), and Geography Forecast till 2026

Region : Global | Report ID: FBI100868 | Status : Ongoing

 

KEY MARKET INSIGHTS

Electrocardiography is a method of generating an electrocardiogram ECG or EKG which records the electrical activity of the heart to detect any small kind of changes in the cardiac cycle. The appearance of changes in the cardiac cycle during ECG signifies the presence of various heart abnormalities such as atrial fibrillation, myocardial ischemia, and myocardial infarction. Changing lifestyle, high-stress level, smoking, and obesity are some of the risk factors associated with heart diseases.

ECG devices can help in early diagnosis of a variety of cardiac diseases. Wearable Holter monitors and handheld ECG devices are mainly used to monitor the heart rhythm. Increasing prevalence of cardiac arrest and widespread awareness about the early diagnosis of heart diseases are anticipated to fuel the growth of ECG devices market during the forecast period.

To gain extensive insights into the market, Request for Customization

According to the American Heart Association (AHA), it is estimated that around 4 million patients worldwide suffer from arrhythmias. In 2019, by AliveCor, Inc. received approval from the FDA to use a Kardia Mobile, a personal ECG device to detect Bradycardia and Tachycardia. new product launches by many key players and growing technological advancements are likely to boost the growth of ECG devices market during the forecast period


Increasing prevalence of cardiovascular disease, growing elderly population, and increase in the demand for cost-effective ECG devices for diagnosis of cardiac disease are some of the factors likely to drive the growth of ECG devices market during the forecast period. Also, novel technological advances in ECG devices, improving the workflow are another major factor anticipated to fuel the growth of ECG devices market during the forecast period.


However, the high cost of heart diseases diagnosis & patient care is likely to hamper the growth of ECG devices market during the forecast period.


Key Players Covered


Some of the major companies that are present in the global ECG devices market are General Electric Company, Koninklijke Philips N.V., OSI Systems Fukuda Denshi Co Ltd., Schiller AG, Opto Circuits Limited, Medtronic, Spacelabs Healthcare Inc., Bionet, Cardiac Science, Midmark Corporation, Cardionet Inc., Omron Healthcare, Inc. among others.


SEGMENTATION






















SEGMENTATION



 DETAILS



By Product



· Wearable Holter Monitor


· Portable Handheld ECG


· Lead



By End-User



· Hospitals


· Ambulatory surgical centers


· Diagnostic centers


· Specialty Clinics


· Others



By Geography



· North America (the U.S. and Canada)


· Europe (U.K., Germany, France, Italy, Spain, Scandinavia, and Rest of Europe)


· Asia Pacific (Japan, China, India, Australia, Southeast Asia, and Rest of Asia Pacific)


· Latin America (Brazil, Mexico, and Rest of Latin America)


· Middle East & Africa (South Africa, GCC and, Rest of the Middle East & Africa)



 


Among product segmentation, portable handheld ECG devices segment is likely to hold the largest ECG devices market share during the projected period due to their light and compact weight, are economically feasible, and aids in real-time monitoring of a heartbeat.


Key Insights






  • Overview of Technological Advancements in ECG Devices
  • Pricing Analysis of Key Products
  • Epidemiology Analysis of Heart Diseases
  • The Regulatory Scenario of Key Countries/Regions
  • Key Industry Developments – Mergers, Acquisitions, And Partnerships

Regional Analysis


Geographically, the global ECG devices market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is likely to dominate ECG Devices market during the forecast period owing to the growing prevalence of the cardiovascular disease, growing adoption of a sedentary lifestyle, and growing awareness by healthcare organization about novel technologies used for the early diagnostic of cardiac-related issues. Asia Pacific regions are anticipated to register highest CAGR during the forecast period owing to the increase in the geriatric patient pool, growing investments by government organizations in providing better healthcare infrastructure, and growing adoption of innovative technology in the emerging nations.


Key Industry Developments





  • In May 2019, Abbott, launched RX Implantable Cardiac Monitor (ICM), a paperclip-sized implantable device, combined with the smartphone connectivity which continuously monitors the heart beat in order to track unpredictable heart rhythm problems for quick and accurate diagnosis.
  • In April 2019, KardiaMobile a personal ECG device manufactured by AliveCor, Inc. received approval from FDA that can be used to detect atrial fibrillation at heart rates below 40 and above 120.
  • In February 2019, CardioComm Solutions, Inc., received clearance from FDA to use HeartCheck CardiBeat handle head ECG device which is used to heart beat monitoring and also received approval to use GEM mobile ECG app.
  • In January 2019, Omron Healthcare, Inc. Launched the first personal blood pressure monitor with EKG capability in a single device in the U.S.

ECG Devices Market Size, Share and Global Industry Trend Forecast till 2026
  • Ongoing
  • 2019
  • 2016-2018

    CHOOSE LICENSE TYPE

  • 4850
    6850
    8850

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization

Healthcare Clients

Intuitive_Surgical_logo
DAEWOONG
Bio-Rad
Abbott
chong-kun-dang

Client Testimonials

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info.
X