Canada Ecg Equipment And Management Systems Market Size & Outlook

The ecg equipment and management systems market in Canada is expected to reach a projected revenue of US$ 283.3 million by 2028. A compound annual growth rate of 11.3% is expected of Canada ecg equipment and management systems market from 2022 to 2028.
Revenue, 2021 (US$M)
$134.0
Forecast, 2028 (US$M)
$283.3
CAGR, 2022 - 2028
11.3%
Report Coverage
Canada

Canada ecg equipment and management systems market highlights

  • The Canada ecg equipment and management systems market generated a revenue of USD 134.0 million in 2021 and is expected to reach USD 283.3 million by 2028.
  • The Canada market is expected to grow at a CAGR of 11.3% from 2022 to 2028.
  • In terms of segment, resting ecg systems was the largest revenue generating type in 2021.
  • ECG Management System is the most lucrative type segment registering the fastest growth during the forecast period.


Ecg equipment and management systems market data book summary

Market revenue in 2021USD 134.0 million
Market revenue in 2028USD 283.3 million
Growth rate11.3% (CAGR from 2021 to 2028)
Largest segmentResting ecg systems
Fastest growing segmentECG Management System
Historical data2016 - 2020
Base year2021
Forecast period2022 - 2028
Quantitative unitsRevenue in USD million
Market segmentationResting ECG Systems, Holter Monitoring Systems, Stress ECG Monitors, Event Monitoring Systems, ECG Management System
Key market players worldwideGE HealthCare Technologies Inc Common Stock, Nihon Kohden Corp, CompuMed Inc, Koninklijke Philips NV, McKesson Corp, Draegerwerk AG & Co KGaA, CardioComm Solutions Inc, Hill-Rom, Mindray Medical International, BioTelemetry, SCHILLER, Spacelabs Healthcare, Device Technologies Australia, ZOLL Medical Corporation, Medical Econet, Meditech


Other key industry trends

  • In terms of revenue, Canada accounted for 2.0% of the global ecg equipment and management systems market in 2021.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
  • In North America, U.S. ecg equipment and management systems market is projected to lead the regional market in terms of revenue in 2028.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 283.3 million by 2028.

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ECG Equipment And Management Systems Market Companies

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Canada ecg equipment and management systems market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ecg equipment and management systems market will help companies and investors design strategic landscapes.


Resting ecg systems was the largest segment with a revenue share of 56.27% in 2021. Horizon Databook has segmented the Canada ecg equipment and management systems market based on resting ecg systems, holter monitoring systems, stress ecg monitors, event monitoring systems, ecg management system covering the revenue growth of each sub-segment from 2016 to 2028.


The Canadian ECG equipment and management systems market is expected to witness growth during the forecast period, which can be attributed to increasing incidence of lifestyle diseases, rising prevalence of arrhythmia, growing awareness about wearable & real-time monitoring devices.

Rapid adoption of advanced ECG equipment at hospitals & ambulatory facilities, and improved connectivity to ECG management systems, electronic medical records, & cardiovascular information systems. Furthermore, various product launches, technological advancements.

Increase in geriatric population suffering from heart-related diseases are expected to boost the ECG equipment and management systems market. Due to Canada’s increasing aging population, AFib is becoming a major public health concern.

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Horizon Databook provides a detailed overview of country-level data and insights on the Canada ecg equipment and management systems market , including forecasts for subscribers. This country databook contains high-level insights into Canada ecg equipment and management systems market from 2016 to 2028, including revenue numbers, major trends, and company profiles.

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Canada ecg equipment and management systems market size, by type, 2016-2028 (US$M)

Canada ECG Equipment And Management Systems Market Outlook Share, 2021 & 2028 (US$M)

Canada ecg equipment and management systems market size, by type, 2016-2028 (US$M)

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