Middle East & Africa Ecg Equipment And Management Systems Market Size & Outlook
Middle East & Africa ecg equipment and management systems market, 2016-2028 (US$M)
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MEA ecg equipment and management systems market highlights
- The MEA ecg equipment and management systems market generated a revenue of USD 226.8 million in 2021.
- The market is expected to grow at a CAGR of 4.3% 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.
- Country-wise, South Africa is expected to register the highest CAGR from 2022 to 2028.
MEA data book summary
| Market revenue in 2021 | USD 226.8 million |
| Market revenue in 2028 | USD 305.1 million |
| Growth rate | 4.3% (CAGR from 2021 to 2028) |
| Largest segment | Resting ecg systems |
| Fastest growing segment | ECG Management System |
| Historical data covered | 2016 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 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, MEA region accounted for 3.4% of the global ecg equipment and management systems market in 2021.
- Globally, North America is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,143.9 million by 2028.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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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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Middle East & Africa 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 60.63% in 2021. Horizon Databook has segmented the Middle East & Africa 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.
Middle Eastern countries have a high prevalence of CVDs due to changing lifestyles and food habits. AFib is a common form of cardiac arrhythmia in the region, with an estimated incidence between 1.5% and 2%, and is a major cause of stroke.
Nearly 30% of school-going children are obese in the Middle East, and the number of CVD patients is increasing. The overall population suffering from AFib in the Middle East is younger and has more comorbidities than patients in the West.
The overall prevalence of AFib is lower among people aged 60 to 69 years as compared to developed economies, while it is higher in people aged 70 to 79 years. Apart from diet, genetic predisposition is also a primary factor causing abnormal weight gain among patients in Gulf countries.
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Our clientele includes a mix of ecg equipment and management systems market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa ecg equipment and management systems market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa ecg equipment and management systems market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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MEA ecg equipment and management systems market size, by country, 2016-2028 (US$M)
Middle East & Africa ECG Equipment And Management Systems Market Outlook Share, 2021 & 2028 (US$M)
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