Germany Ecg Equipment And Management Systems Market Size & Outlook
Germany ecg equipment and management systems market, 2016-2028 (US$M)
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Germany ecg equipment and management systems market highlights
- The Germany ecg equipment and management systems market generated a revenue of USD 686.9 million in 2021 and is expected to reach USD 1,072.6 million by 2028.
- The Germany market is expected to grow at a CAGR of 6.6% 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 2021 | USD 686.9 million |
| Market revenue in 2028 | USD 1,072.6 million |
| Growth rate | 6.6% (CAGR from 2021 to 2028) |
| Largest segment | Resting ecg systems |
| Fastest growing segment | ECG Management System |
| Historical data | 2016 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Resting ECG Systems, Holter Monitoring Systems, Stress ECG Monitors, Event Monitoring Systems, ECG Management System |
| Key market players worldwide | GE 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, Germany accounted for 10.2% 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 Europe, Germany ecg equipment and management systems market is projected to lead the regional market in terms of revenue in 2028.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 1,072.6 million by 2028.
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ECG Equipment And Management Systems Market Scope
ECG Equipment And Management Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 59.53% in 2021. Horizon Databook has segmented the Germany 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.
Favorable reimbursement policies, growing adoption of Holter & ECG management systems, and increasing geriatric population are propelling the market in Germany. Compared to other European countries, the healthcare system in Germany is well-established with a considerable number of skilled healthcare professionals.
Men are at a greater risk of death as compared to women. Around 310 people per 100,000 population die due to CVD in Germany, which is greater than the OECD average of 299 people per 100,000 inhabitants. AFib is one of the underlying causes of heart failure in many cases.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany ecg equipment and management systems market , including forecasts for subscribers. This country databook contains high-level insights into Germany ecg equipment and management systems market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Germany ecg equipment and management systems market size, by type, 2016-2028 (US$M)
Germany ECG Equipment And Management Systems Market Outlook Share, 2021 & 2028 (US$M)
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