North America Ecg Equipment And Management Systems Market Size & Outlook
North America ecg equipment and management systems market, 2016-2028 (US$M)
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North America ecg equipment and management systems market highlights
- The North America ecg equipment and management systems market generated a revenue of USD 3,078.8 million in 2021.
- The market is expected to grow at a CAGR of 6.1% 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, Canada is expected to register the highest CAGR from 2022 to 2028.
North America data book summary
| Market revenue in 2021 | USD 3,078.8 million |
| Market revenue in 2028 | USD 4,659.1 million |
| Growth rate | 6.1% (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, North America region accounted for 45.7% 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.
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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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North America 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 56.29% in 2021. Horizon Databook has segmented the North America 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.
North America dominated the ECG equipment and management systems market in 2020 and is expected to maintain its position during the forecast period. Major factors contributing to its growth are increasing geriatric population and prevalence of lifestyle diseases.
According to data published by CDC in June 2020, heart disease accounted for around 647,000 deaths in the U.S. each year. On average, one person dies due to CVD every 37 seconds in the U.S.
Furthermore, approval and launch of advanced, next-generation ECG equipment & management systems in the U.S. & Canada, and high adoption of wearable devices are likely to boost the market. Some of the companies operating in the North American market.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the North America ecg equipment and management systems market , including forecasts for subscribers. This continent databook contains high-level insights into North America ecg equipment and management systems market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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North America ecg equipment and management systems market size, by country, 2016-2028 (US$M)
North America ECG Equipment And Management Systems Market Outlook Share, 2021 & 2028 (US$M)
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