Market revenue in 2021 | USD 2,944.7 million |
Market revenue in 2028 | USD 4,375.9 million |
Growth rate | 5.8% (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 |
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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 U.S. 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 U.S. accounted for the largest share in North America due to technological advancements, the recent approval of many ECG equipment and management systems. Manufacturers investing in R&D to obtaining approvals for new products for commercialization. Recently, approvals for wireless monitoring & smartphone-based devices that transmit ECG have increased.
Launch of initiatives to raise public awareness about heart health and diseases in the U.S. is projected to provide significant momentum to the market in the coming years. The American Heart Association has undertaken initiatives, such as Go Red for Women.
Which educates women about heart health. Similarly, National Heart, Lung, and Blood Institute initiated The Heart Truth and National Wear Red Day in the U.S. In addition, connectivity to EHR or data integration, along with continuously increasing geriatric population.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. ecg equipment and management systems market , including forecasts for subscribers. This country databook contains high-level insights into U.S. ecg equipment and management systems market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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