Global Diagnostic ECG Market Insights, Size & Growth Forecast To 2027

Global Diagnostic ECG Market- By Product (Resting ECG, Stress, Mobile Cardiac Telemetry Device, Implantable Loop Recorder), By Lead Type (12-lead, 6-lead, 3 lead, 5- lead), By End-users (Hospitals, clinics, & cardiac care centers, ambulatory surgical centers, and other end users. In 2019, the hospitals, clinics, & cardiac care centers) and By Region (North America, Europe, Asia Pacific, South America, Middle East, & Africa)- Global forecast from 2020-2027.

Published: Apr 2021 Base Year: 2020 Report ID: HLCA2130
Available Format: Historical Data: 2018 - 2019 Number of Pages: 1 - 250
Category : Health Care
The Global Diagnostic ECG market has fuelled the market demand owing to its advanced technology and disposable income. The global diagnostic ECG market will show a substantial CAGR in the forecast period from 2020-2027. Owing to a rising number of cardiovascular diseases, along with the changing lifestyle and eating habits of the people, has increased the rate of obesity worldwide. Thus, it creates diseases like stroke, arrhythmias, ventricular atrial hypertrophy, myocardial infarction, abnormal heart rate, myocardial ischemia. 
Moreover, ECG diagnostic helps in identifying the rate of electrical and muscle function of the heart and also diagnose the blood flow to the heart muscles. The heartbeats recorded on the special ECG paper. ECG diagnosis made to examine the heart rate and rhythm, which shows the evidence of previous heart attack and also helps in identifying the enlargement of the heart due to high blood pressure.
Furthermore, with government initiatives, the ECG diagnosis machine has been installed in the hospitals and providing affordable treatment to the patients as mortality from cardiovascular disease is very high in countries like the US and India. Therefore, it has fueled the market demand for the diagnostic ECG market. With the growth of technology advancement, portable and wireless ECG devices have fueled the market growth of the global diagnostic ECG market. 

Product Overview in the Global diagnostic ECG Market
Based on Product, the global diagnostic ECG market segmented into Resting ECG, Stress, Mobile Cardiac Telemetry Device, Implantable Loop Recorder. The resting ECG segment has captured the highest market share in the forecast period from 2020-2027. In the wake of increasing cardiovascular cases and with technology advancement, resting ECG is highly used in the market owing to its quick, simple, and painless test procedure. 

Application Overview in the Global diagnostic ECG Market
Based on the application, the global diagnostic ECG market classified into12-lead, 3-lead, 6-lead, 5- lead. The 3-lead segment has dominated the market share of the global diagnostic ECG market. It is owing to its positive growth as 3-lead tests conjointly done with another medical test of cardiovascular disease diagnosis test. Moreover, 3 -lead tests are accurate, have intelligent designing, which is convenient to use with other tests.

End-users Overview in the Global diagnostic ECG Market
Based on end-users, the global diagnostic ECG market distributed into Hospitals, clinics, & cardiac care centers, ambulatory surgical centers, and other end users. The hospitals, clinics & cardiac care centers segment has a significant market demand in the global diagnostic ECG market. Hospitals require advanced technology equipment and diagnostic machine due to rising cardiovascular diseases. Therefore, hospitals, clinics, and other centers will dominate the market share of the diagnostic market in the future as well.

Region Overview in the Global diagnostic ECG Market
Based on geography, the global diagnostic ECG market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The North America region is going to bolster its growth in the forecast period from 2020-2027. Due to the rising population of geriatrics and changing lifestyle, and obesity have raised the cardiovascular diseases and with technological advancement and high-quality health care facilities and infrastructure have fueled the market demand for the global diagnostic market and will continue to the future as well.

Global diagnostic ECG Market: Competitive Landscape
Companies such as GE Healthcare, Nihon Kohden Corporation, Koninklijke Philips, Medtronic, Hill-Rom Holdings, SCHILLER, BioTelemetry, Inc., BPL Medical Technologies, ACS Diagnostics, SHENZHEN MINDRAY BIO-MEDICAL ELECTRONICS Co., Ltd., BTL, Ambu A/S, Allengers Medical Systems, Ltd., FUKUDA DENSHI, Innomed Medical, Edan Instruments, Inc., Cardioline SpA, Eccosur, SUZUKEN Co., Ltd., Norav Medical, VectraCor, Inc., Bionet Co., Ltd., Nexus Lifecare, Midmark Corporation, OSI Systems, Inc. and others are the key players in global diagnostic ECG market.


1. Research Strategic Development
1.1. Market Modelling
1.2. Product Analysis
1.3. Market Trend and Economic Factors Analysis
1.4. Market Segmental Analysis
1.5. Geographical Mapping
1.6. Country Wise Segregation

2. Research Methodology
2.1. Identification of Target Market
2.2. Data Acquisition 
2.3. Refining of Data/ Data Transformations
2.4. Data Validation through Primary Techniques
2.5. Exploratory Data Analysis
2.6. Graphical Techniques/Analysis
2.7. Quantitative Techniques/Analysis
2.8. Visual Result/Presentation 

3. Executive Summary

4. Market Insights
4.1. Economic Factor Analysis 
4.1.1. Drivers
4.1.2. Trends
4.1.3. Opportunities
4.1.4. Challenges
4.2. Competitors & Product Analysis
4.3. Regulatory Framework
4.4. Company market share analysis, 2019
4.5. Porter’s Five forces analysis
4.6. New Investment Analysis
4.7. PESTEL Analysis

5. Global Diagnostic ECG Market Overview
5.1. Market Size & Forecast, 2016-2027
5.1.1. Demand
5.1.1.1. By Value (USD Million)
5.2. Market Share & Forecast, 2016-2027
5.2.1. By Product 
5.2.1.1. Resting ECG
5.2.1.2. Stress
5.2.1.3. Mobile Cardiac Telemetry Device
5.2.1.4. Implantable Loop Recorder 
5.2.2. By Service
5.2.2.1. 12-lead
5.2.2.2. 6-lead
5.2.2.3. 5- lead 
5.2.3. By End-users
5.2.3.1. Hospitals 
5.2.3.2. Clinics& cardiac care centres
5.2.3.3. Ambulatory surgical centres
5.2.3.4. Others
5.2.4. By Region
5.2.4.1. Europe
5.2.4.2. North America
5.2.4.3. Asia Pacific
5.2.4.4. South America 
5.2.4.5. Middle East & Africa 

6. Europe Diagnostic ECG Market Overview
6.1. Europe Diagnostic ECG Size & Forecast, 2016-2027
6.1.1. Demand
6.1.1.1. By Value (USD Million)
6.2. Europe Diagnostic ECG Market Share & Forecast, 2016-2027
6.2.1. By Product 
6.2.1.1. Resting ECG
6.2.1.2. Stress
6.2.1.3. Mobile Cardiac Telemetry Device
6.2.1.4. Implantable Loop Recorder 
6.2.2. By Service
6.2.2.1. 12-lead
6.2.2.2. 6-lead
6.2.2.3. 5- lead 
6.2.3. By End-users
6.2.3.1. Hospitals 
6.2.3.2. Clinics& cardiac care centres
6.2.3.3. Ambulatory surgical centres
6.2.3.4. Others
6.2.4. By Country
6.2.4.1. Germany
6.2.4.2. UK
6.2.4.3. France
6.2.4.4. Italy
6.2.4.5. Rest of Europe
6.2.5. Company Market Share (Top 3-5)
6.2.6. Economic Impact Study on Europe Diagnostic ECG Market 

7. North America Diagnostic ECG Market Overview
7.1. North America Diagnostic ECG Market Size & Forecast, 2016-2027
7.1.1. Demand
7.1.1.1. By Value (USD Million)
7.2. North America Diagnostic ECG Market Share & Forecast, 2016-2027
7.2.1. By Product 
7.2.1.1. Resting ECG
7.2.1.2. Stress
7.2.1.3. Mobile Cardiac Telemetry Device
7.2.1.4. Implantable Loop Recorder 
7.2.2. By Service
7.2.2.1. 12-lead
7.2.2.2. 6-lead
7.2.2.3. 5- lead 
7.2.3. By End-users
7.2.3.1. Hospitals 
7.2.3.2. Clinics& cardiac care centres
7.2.3.3. Ambulatory surgical centres
7.2.3.4. Others
7.2.4. By Country
7.2.4.1. US
7.2.4.2. Canada
7.2.4.3. Mexico
7.2.5. Company Market Share (Top 3-5)
7.2.6. Economic Impact Study on North America Diagnostic ECG Market 

8. Asia Pacific Diagnostic ECG Overview
8.1. Asia Pacific Diagnostic ECG Market Size & Forecast, 2016-2027
8.1.1. Demand
8.1.1.1. By Value (USD Million)
8.2. Asia Pacific Diagnostic ECG Market Share & Forecast, 2016-2027
8.2.1. By Product 
8.2.1.1. Resting ECG
8.2.1.2. Stress
8.2.1.3. Mobile Cardiac Telemetry Device
8.2.1.4. Implantable Loop Recorder 
8.2.2. By Service
8.2.2.1. 12-lead
8.2.2.2. 6-lead
8.2.2.3. 5- lead 
8.2.3. By End-users
8.2.3.1. Hospitals 
8.2.3.2. Clinics& cardiac care centres
8.2.3.3. Ambulatory surgical centres
8.2.3.4. Others 
8.2.4. By Country
8.2.4.1. China
8.2.4.2. India
8.2.4.3. Japan
8.2.4.4. Australia
8.2.4.5. Rest of Asia Pacific
8.2.5. Company Market Share (Top 3-5)
8.2.6. Economic Impact Study on Asia Pacific Diagnostic ECG Market 

9. South America Diagnostic ECG Market Overview
9.1. South America Diagnostic ECG Market Size & Forecast, 2016-2027
9.1.1. Demand
9.1.1.1. By Value (USD Million)
9.2. South America Diagnostic ECG Market Share & Forecast, 2016-2027
9.2.1. By Product 
9.2.1.1. Resting ECG
9.2.1.2. Stress
9.2.1.3. Mobile Cardiac Telemetry Device
9.2.1.4. Implantable Loop Recorder 
9.2.2. By Service
9.2.2.1. 12-lead
9.2.2.2. 6-lead
9.2.2.3. 5- lead 
9.2.3. By End-users
9.2.3.1. Hospitals 
9.2.3.2. Clinics& cardiac care centres
9.2.3.3. Ambulatory surgical centres
9.2.3.4. Others
9.2.4. By Country
9.2.4.1. Brazil
9.2.4.2. Argentina
9.2.4.3. Rest of South America
9.2.5. Company Market Share (Top 3-5)
9.2.6. Economic Impact Study on South America Diagnostic ECG Market

10. Middle East & Africa Diagnostic ECG Market Overview
10.1. Middle East & Africa Diagnostic ECG Market Size & Forecast, 2016-2027
10.1.1. Demand
10.1.1.1. By Value (USD Million)
10.2. Middle East & Africa Diagnostic ECG Market Share & Forecast, 2016-2027
10.2.1. By Product 
10.2.1.1. Resting ECG
10.2.1.2. Stress
10.2.1.3. Mobile Cardiac Telemetry Device
10.2.1.4. Implantable Loop Recorder 
10.2.2. By Service
10.2.2.1. 12-lead
10.2.2.2. 6-lead
10.2.2.3. 5- lead 
10.2.3. By End-users
10.2.3.1. Hospitals 
10.2.3.2. Clinics& cardiac care centres
10.2.3.3. Ambulatory surgical centres
10.2.3.4. Others
10.2.4. By Country
10.2.4.1. Saudi Arabia
10.2.4.2. UAE
10.2.4.3. South Africa
10.2.4.4. Rest of Middle East & Africa
10.2.5. Company Market Share (Top 3-5)
10.2.6. Economic Impact Study on Middle East & Africa Diagnostic ECG Market

11. Competitor Analysis
11.1. Company Description
11.2. Financial Analysis
11.3. Key Products
11.4. Key Management Personnel 
11.5. Contact Address
11.6. SWOT Analysis
11.7. Company Profile
11.7.1. GE Healthcare 
11.7.2. Nihon Kohden Corporation 
11.7.3. Koninklijke Philips 
11.7.4. Medtronic 
11.7.5. Hill-Rom Holdings 
11.7.6. SCHILLER 
11.7.7. BioTelemetry, Inc. 
11.7.8. BPL Medical Technologies 
11.7.9. ACS Diagnostics 
11.7.10. SHENZHEN MINDRAY BIO-MEDICAL ELECTRONICS Co., Ltd. 
11.7.11. BTL 
11.7.12. Ambu A/S 
11.7.13. Allengers Medical Systems, Ltd. 
11.7.14. FUKUDA DENSHI 
11.7.15. Innomed Medical 
11.7.16. Edan Instruments, Inc. 
11.7.17. Cardioline SpA 
11.7.18. Eccosur 
11.7.19. SUZUKEN Co., Ltd. 
11.7.20. Norav Medical 
11.7.21. VectraCor, Inc. 
11.7.22. Bionet Co., Ltd. 
11.7.23. Nexus Lifecare 
11.7.24. Midmark Corporation 
11.7.25. OSI Systems, Inc. 
11.7.26. Other Prominent Players


SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Global Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings.  The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

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