ECG Telemetry Devices Market to Grow at a CAGR of 7.8% to reach US$ 3,783.48 Million from 2020 to 2028
The ECG telemetry devices market is expected to reach US$ 3,783.48 million by 2028 from US$ 2,087.66 million in 2020 ; it is estimated to grow at a CAGR of 7.8% during 2021–2028.
ECG device monitors and records electrical activity of the heart. ECG picks up electrical impulses generated by the polarization and depolarization of cardiac tissue and translate them into a wave form. This helps physician or cardiologist to diagnose cardiac abnormalities and measure the size and position of chambers. The growth of the ECG telemetry devices market is attributed to the factors such as increase in cardiovascular disease incidence and surge in geriatric population. However, the high cost and disadvantages of ECG telemetry devices restrain the market growth.
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ECG Telemetry Devices Market: Strategic Insights
Market Size Value in US$ 2,087.66 million in 2020 Market Size Value by US$ 3,783.48 million by 2028 Growth rate CAGR of 7.8% from 2021-2028 Forecast Period 2021-2028 Base Year 2021
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ECG Telemetry Devices Market: Strategic Insights
| Market Size Value in | US$ 2,087.66 million in 2020 |
| Market Size Value by | US$ 3,783.48 million by 2028 |
| Growth rate | CAGR of 7.8% from 2021-2028 |
| Forecast Period | 2021-2028 |
| Base Year | 2021 |
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Market Insights
Increase in Cardiovascular Disease Incidence
The world has been witnessing notable developments in mobile health (mHealth) from the last decade, which is offering physicians and patients new approaches to manage many diseases, including atrial arrhythmias, ventricular arrhythmias, ventricular, atrial fibrillation. The growing prevalence of arrhythmia and other cardiovascular diseases (CVDs) is triggering the need for improved diagnostic methods. ECG telemetry systems are the most effective instruments used for detecting arrhythmias. These devices allow simpler and quicker heart monitoring, which has added to their popularity. According to the World Health Organization (WHO), CVDs are the leading cause of death worldwide, with ~30 million people experiencing a stroke each year. According to the American Heart Association, almost half of all adults in the US have a kind of CVD. More than 130 million people, i.e., 45.1%, of the US population are projected to have a type of CVD by 2035. Furthermore, the European Society of Cardiology reported that Atrial fibrillation is the most common arrhythmia, and it accounts for 0.28–2.6% of healthcare spending in European countries. It also mentioned that patients suffering from atrial fibrillation at a five-times greater risk of getting a stroke, and 20–30% of total stroke cases in Europe are caused due to atrial fibrillation. As per the study conducted by the European Society of Cardiology in 2016, in the EU, ~7.6 million people with age 65 years and above had atrial fibrillation. As per the European Society of Cardiology estimates, the number is expected to increase by 89% to reach ~14.4 million by 2060. The prevalence of atrial fibrillation is estimated to reach 9.5% by 2060 from 7.8% in 2016. Further, as per the report “Beyond the Burden: The Impact of Atrial Fibrillation in Asia Pacific” by Biosense Webster, published in 2019, more than 16 million people in Asia Pacific suffer from atrial fibrillation , and the number is expected to reach ~72 million by 2050. The report also suggests that the condition has affected the middle-aged and elderly population more.
A few of the primary risk factors for CVDs are family history, ethnicity, and age; other risk factors include tobacco consumption, hypertension, obesity, high cholesterol, physical inactivity, diabetes, unhealthy diets, and alcohol consumption. Further, lifestyle changes are leading to the rise in the incidence of diseases such as diabetes, hypertension, dyslipidemia, and obesity, contributing to a surge in CVD cases across the world. Most types of CVDs can be prevented through pre-monitoring and pre-diagnosis. Likewise, abnormalities in the functioning of the heart, arrhythmias, can be averted with early diagnosis. Owing to this, the demand for ECG telemetry devices is increasing as these devices help save patients at high risk of cardiac arrest.
Product-Based Insights
The ECG telemetry devices market, by product, is segmented into resting ECG devices, stress ECG devices, and others. The resting ECG devices segment held the largest share of the market in 2020. Also, the same segment is anticipated to register the highest CAGR in the market during the forecast period.
End User-based Insights
Based on end user, the ECG telemetry devices market is bifurcated into home healthcare and hospitals. The hospitals segment held a larger share of the market in 2020, and the same segment is anticipated to register a higher CAGR in the market during the forecast period.
Product launches and approvals are the commonly adopted strategies by companies to expand their global footprints and product portfolios. Moreover, the ECG telemetry devices market players focus on the collaboration strategy to enlarge their clientele, which, in turn, permits them to maintain their brand name globally.
ECG Telemetry Devices Market Report Scope
ByProduct
- Resting ECG Devices
- Stress ECG Devices
- Others
By End User
- Home Healthcare
- Hospitals
By Geography
North America
- US
- Canada
- Mexico
Europe
- France
- Germany
- Italy
- UK
- Spain
- Rest of Europe
Asia Pacific (APAC)
- China
- India
- South Korea
- Japan
- Australia
- Rest of Asia Pacific
Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
- UAE
- Rest of Middle East and Africa
South and Central America (SCAM)
- Brazil
- Argentina
- Rest of South and Central America
Company Profiles
- Cardiac Science Corporation
- CompuMed Inc.
- GE Healthcare Inc.
- Medtronic Inc.
- Mindray Medical International Ltd.
- Nihon Kohden Corporation
- Philips Healthcare
- ScottCare Corporation
- Dragger
- Welch Allyn Inc.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product and End User
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Saudi Arabia, South Africa, South Korea, Spain, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The ECG Telemetry Devices market majorly consists of the players such as Cardiac Science Corporation, CompuMed Inc., GE Healthcare Inc., Medtronic Inc., Mindray Medical International Ltd., Nihon Kohden Corporation, Philips Healthcare, ScottCare Corporation, Dragger, Welch Allyn Inc. amongst others among others.
The global ECG Telemetry Devices market growth is mainly attributed to factors such the The market drivers include the increase in cardiovascular disease incidence and surge in geriatric population. However, high cost and disadvantages of ECG telemetry devices are key factors restraining the market growth.
Telemetry is an observation tool that allows continuous ECG, RR, SpO2 monitoring while the patient remains active without the restriction of being attached to a bedside cardiac monitor. Telemetry accuracy relies on skin preparation, electrode and lead placement, equipment maintenance, patient monitoring and education. ECG device monitors and record electrical activity of the heart and the device detects and picks up electrical impulses generated by the polarization and depolarization of cardiac tissue and translate them into waveform. This helps physician or cardiologist to diagnose cardiac abnormalities as well as size and position of chambers.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Global ECG Telemetry Devices Market – By Product
1.3.2 Global ECG Telemetry Devices Market – By End User
1.3.3 Global ECG Telemetry Devices Market – By Geography
2. ECG Telemetry Devices Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Global ECG Telemetry Devices – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America – PEST Analysis
4.2.2 Europe – PEST Analysis
4.2.3 Asia Pacific – PEST Analysis
4.2.4 Middle East and Africa (MEA) – PEST Analysis
4.2.5 South and Central America (SCAM) – PEST Analysis
4.3 Expert Opinions
5. ECG Telemetry Devices Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Increase in Cardiovascular Disease Incidence
5.1.2 Surge in Geriatric Population
5.2 Market Restraints
5.2.1 High Cost and Technical Inconsistencies
5.3 Market Opportunities
5.3.1 Growth Opportunities in Developing Nations
5.4 Future Trends
5.4.1 Market Consolidation Through Product Enhancements and Acquisitions
5.5 Future Trends
5.5.1 Market Consolidation Through Product Enhancements and Acquisitions
5.6 Impact Analysis
6. ECG Telemetry Devices Market – Global Analysis
6.1 Global ECG Telemetry Devices Market Revenue Forecast and Analysis
6.2 Global ECG Telemetry Devices Market, By Geography - Forecast and Analysis
6.3 Market Positioning of Key Players
7. ECG Telemetry Devices Market Analysis – By Product
7.1 Overview
7.2 ECG Telemetry Devices Market Revenue Share, by Product (2020 and 2028)
7.3 Resting ECG Devices
7.3.1 Overview
7.3.2 Resting ECG Devices: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Stress ECG Devices
7.4.1 Overview
7.4.2 Stress ECG Devices: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (US$ Million)
8. ECG Telemetry Devices Market Analysis – By End User
8.1 Overview
8.2 ECG Telemetry Devices Market Revenue Share, by End User (2020 and 2028)
8.3 Home Healthcare
8.3.1 Overview
8.3.2 Home Healthcare: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Hospitals
8.4.1 Overview
8.4.2 Hospitals: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (US$ Million)
9. Global ECG Telemetry Devices Market – Geographic Analysis
9.1 North America: ECG Telemetry Devices Market Revenue and Forecast to 2028
9.1.1 Overview
9.1.2 North America: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
9.1.3 North America: ECG Telemetry Devices Market, by Product, 2019–2028 (USD Million)
9.1.4 North America: ECG Telemetry Devices Market, by End User, 2019–2028 (USD Million)
9.1.5 North America: ECG Telemetry Devices Market, by Country, 2020 & 2028 (%)
9.1.6 US: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
9.1.6.1 US: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
9.1.6.2 US: ECG Telemetry Devices Market, by Product, 2019–2028 (USD Million)
9.1.6.3 US: ECG Telemetry Devices Market, by End User, 2019–2028 (USD Million)
9.1.7 Canada: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
9.1.7.1 Canada: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
9.1.7.2 Canada: ECG Telemetry Devices Market, by Product, 2019–2028 (USD Million)
9.1.7.3 Canada: ECG Telemetry Devices Market, by End User, 2019–2028 (USD Million)
9.1.8 Mexico: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
9.1.8.1 Mexico: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
9.1.8.2 Mexico: ECG Telemetry Devices Market, by Product, 2019–2028 (USD Million)
9.1.8.3 Mexico: ECG Telemetry Devices Market, by End User, 2019–2028 (USD Million)
9.2 Europe: ECG Telemetry Devices Market Revenue and Forecast to 2028
9.2.1 Overview
9.2.2 Europe: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
9.2.3 Europe: ECG Telemetry Devices Market, by Product, 2019–2028 (USD Million)
9.2.4 Europe: ECG Telemetry Devices Market, by End User, 2019–2028 (USD Million)
9.2.5 Europe: ECG Telemetry Devices Market, by Country, 2020 & 2028 (%)
9.2.6 Germany: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
9.2.6.1 Germany: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
9.2.6.2 Germany: ECG Telemetry Devices Market, by Product, 2019–2028 (USD Million)
9.2.6.3 Germany: ECG Telemetry Devices Market, by End User, 2019–2028 (USD Million)
9.2.7 UK: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
9.2.7.1 UK: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
9.2.7.2 UK: ECG Telemetry Devices Market, by Product, 2019–2028 (USD Million)
9.2.7.3 UK: ECG Telemetry Devices Market, by End User, 2019–2028 (USD Million)
9.2.8 France: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
9.2.8.1 France: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
9.2.8.2 France: ECG Telemetry Devices Market, by Product, 2019–2028 (USD Million)
9.2.8.3 France: ECG Telemetry Devices Market, by End User, 2019–2028 (USD Million)
9.2.9 Italy: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
9.2.9.1 Italy: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
9.2.9.2 Italy: ECG Telemetry Devices Market, by Product, 2019–2028 (USD Million)
9.2.9.3 Italy: ECG Telemetry Devices Market, by End User, 2019–2028 (USD Million)
9.2.10 Spain: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
9.2.10.1 Spain: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
9.2.10.2 Spain: ECG Telemetry Devices Market, by Product, 2019–2028 (USD Million)
9.2.10.3 Spain: ECG Telemetry Devices Market, by End User, 2019–2028 (USD Million)
9.2.11 Rest of Europe: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
9.2.11.1 Rest of Europe: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
9.2.11.2 Rest of Europe: ECG Telemetry Devices Market, by Product, 2019–2028 (USD Million)
9.2.11.3 Rest of Europe: ECG Telemetry Devices Market, by End User, 2019–2028 (USD Million)
9.3 Asia Pacific: ECG Telemetry Devices Market Revenue and Forecast to 2028
9.3.1 Overview
9.3.2 Asia Pacific: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
9.3.3 Asia Pacific: ECG Telemetry Devices Market, by Product, 2019–2028 (USD Million)
9.3.4 Asia Pacific: ECG Telemetry Devices Market, by End User, 2019–2028 (USD Million)
9.3.5 Asia Pacific: ECG Telemetry Devices Market, by Country, 2020 & 2028 (%)
9.3.6 China: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
9.3.6.1 China: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
9.3.6.2 China: ECG Telemetry Devices Market, by Product, 2019–2028 (USD Million)
9.3.6.3 China: ECG Telemetry Devices Market, by End User, 2019–2028 (USD Million)
9.3.7 Japan: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
9.3.7.1 Japan: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
9.3.7.2 Japan: ECG Telemetry Devices Market, by Product, 2019–2028 (USD Million)
9.3.7.3 Japan: ECG Telemetry Devices Market, by End User, 2019–2028 (USD Million)
9.3.8 India: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
9.3.8.1 India: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
9.3.8.2 India: ECG Telemetry Devices Market, by Product, 2019–2028 (USD Million)
9.3.8.3 India: ECG Telemetry Devices Market, by End User, 2019–2028 (USD Million)
9.3.9 South Korea: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
9.3.9.1 South Korea: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
9.3.9.2 South Korea: ECG Telemetry Devices Market, by Product, 2019–2028 (USD Million)
9.3.9.3 South Korea: ECG Telemetry Devices Market, by End User, 2019–2028 (USD Million)
9.3.10 Australia: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
9.3.10.1 Australia: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
9.3.10.2 Australia: ECG Telemetry Devices Market, by Product, 2019–2028 (USD Million)
9.3.10.3 Australia: ECG Telemetry Devices Market, by End User, 2019–2028 (USD Million)
9.3.11 Rest of Asia Pacific: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
9.3.11.1 Rest of Asia Pacific: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
9.3.11.2 Rest of Asia Pacific: ECG Telemetry Devices Market, by Product, 2019–2028 (USD Million)
9.3.11.3 Rest of Asia Pacific: ECG Telemetry Devices Market, by End User, 2019–2028 (USD Million)
9.4 Middle East & Africa: ECG Telemetry Devices Market Revenue and Forecast to 2028
9.4.1 Overview
9.4.2 Middle East and Africa: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
9.4.3 Middle East and Africa: ECG Telemetry Devices Market, by Product, 2019–2028 (USD Million)
9.4.4 Middle East and Africa: ECG Telemetry Devices Market, by End User, 2019–2028 (USD Million)
9.4.5 Middle East and Africa: ECG Telemetry Devices Market, by Country, 2020 & 2028 (%)
9.4.6 South Africa: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
9.4.6.1 South Africa: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
9.4.6.2 South Africa: ECG Telemetry Devices Market, by Product, 2019–2028 (USD Million)
9.4.6.3 South Africa: ECG Telemetry Devices Market, by End User, 2019–2028 (USD Million)
9.4.7 Saudi Arabia: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
9.4.7.1 Saudi Arabia: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
9.4.7.2 Saudi Arabia: ECG Telemetry Devices Market, by Product, 2019–2028 (USD Million)
9.4.7.3 Saudi Arabia: ECG Telemetry Devices Market, by End User, 2019–2028 (USD Million)
9.4.8 UAE: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
9.4.8.1 UAE: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
9.4.8.2 UAE: ECG Telemetry Devices Market, by Product, 2019–2028 (USD Million)
9.4.8.3 UAE: ECG Telemetry Devices Market, by End User, 2019–2028 (USD Million)
9.4.9 Rest of Middle East and Africa: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
9.4.9.1 Rest of Middle East and Africa: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
9.4.9.2 Rest of Middle East and Africa: ECG Telemetry Devices Market, by Product, 2019–2028 (USD Million)
9.4.9.3 Rest of Middle East and Africa: ECG Telemetry Devices Market, by End User, 2019–2028 (USD Million)
9.5 South and Central America: ECG Telemetry Devices Market Revenue and Forecast to 2028
9.5.1 Overview
9.5.2 South and Central America: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
9.5.3 South and Central America: ECG Telemetry Devices Market, by Product, 2019–2028 (USD Million)0
9.5.4 South and Central America: ECG Telemetry Devices Market, by End User, 2019–2028 (USD Million)0
9.5.5 South and Central America: ECG Telemetry Devices Market, by Country, 2020 & 2028 (%)1
9.5.6 Brazil: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)1
9.5.6.1 Brazil: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)2
9.5.6.2 Brazil: ECG Telemetry Devices Market, by Product, 2019–2028 (USD Million)2
9.5.6.3 Brazil: ECG Telemetry Devices Market, by End User, 2019–2028 (USD Million)2
9.5.7 Argentina: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)3
9.5.7.1 Argentina: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)3
9.5.7.2 Argentina: ECG Telemetry Devices Market, by Product, 2019–2028 (USD Million)4
9.5.7.3 Argentina: ECG Telemetry Devices Market, by End User, 2019–2028 (USD Million)4
9.5.8 Rest of South and Central America: ECG Telemetry Devices Market- Revenue and Forecasts to 2027 (USD Million)5
9.5.8.1 Rest of South and Central America: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)5
9.5.8.2 Rest of South and Central America: ECG Telemetry Devices Market, by Product, 2019–2028 (USD Million)6
9.5.8.3 Rest of South and Central America: ECG Telemetry Devices Market, by End User, 2019–2028 (USD Million)6
10. Impact of COVID-19 Pandemic on Global ECG Telemetry Devices Market7
10.1 North America: Impact Assessment of COVID-19 Pandemic7
10.2 Europe: Impact Assessment of COVID-19 Pandemic8
10.3 Asia-Pacific: Impact Assessment of COVID-19 Pandemic9
10.4 Middle East and Africa: Impact Assessment of COVID-19 Pandemic0
10.5 South and Central America: Impact Assessment of COVID-19 Pandemic1
11. ECG Telemetry Devices Market– Industry Landscape2
11.1 Overview2
11.2 Growth Strategies Done by the Companies in the Market, (%)2
11.3 Organic Developments2
11.3.1 Overview2
11.4 Inorganic Developments3
11.4.1 Overview3
12. COMPANY PROFILES4
12.1 General Electric Company4
12.1.1 Key Facts4
12.1.2 Business Description4
12.1.3 Products and Services4
12.1.4 Financial Overview5
12.1.5 SWOT Analysis7
12.1.6 Key Developments8
12.2 Medtronic9
12.2.1 Key Facts9
12.2.2 Business Description9
12.2.3 Products and Services9
12.2.4 Financial Overview0
12.2.5 SWOT Analysis1
12.2.6 Key Developments2
12.3 Nihon Kohden Corporation3
12.3.1 Key Facts3
12.3.2 Business Description3
12.3.3 Products and Services3
12.3.4 Financial Overview4
12.3.5 SWOT Analysis5
12.3.6 Key Developments5
12.4 Koninklijke Philips N.V.6
12.4.1 Key Facts6
12.4.2 Business Description6
12.4.3 Products and Services6
12.4.4 Financial Overview7
12.4.5 SWOT Analysis8
12.4.6 Key Developments9
12.5 Dragerwerk AG & Co. KGaA0
12.5.1 Key Facts0
12.5.2 Business Description0
12.5.3 Products and Services0
12.5.4 Financial Overview1
12.5.5 SWOT Analysis2
12.5.6 Key Developments2
12.6 CompuMed, Inc3
12.6.1 Business Description3
12.6.2 Products and Services3
12.6.3 Financial Overview4
12.6.4 SWOT Analysis4
12.6.5 Key Developments4
12.7 Shenzhen Mindray Bio-Medical Electronics Co., Ltd.5
12.7.1 Key Facts5
12.7.2 Business Description5
12.7.3 Products and Services5
12.7.4 Financial Overview5
12.7.5 SWOT Analysis6
12.7.6 Key Developments6
12.8 Welch Allyn, Inc. (Hill Rom)7
12.8.1 Key Facts7
12.8.2 Business Description7
12.8.3 Products and Services7
12.8.4 Financial Overview8
12.8.5 SWOT Analysis9
12.8.6 Key Developments9
12.9 Asahi Kasei Corporation (Cardiac Science Corporation)0
12.9.1 Key Facts0
12.9.2 Business Description0
12.9.3 Products and Services0
12.9.4 Financial Overview1
12.9.5 SWOT Analysis2
12.9.6 Key Developments2
12.10 ScottCare Corporation3
12.10.1 Key Facts3
12.10.2 Business Description3
12.10.3 Products and Services3
12.10.4 Financial Overview3
12.10.5 SWOT Analysis4
12.10.6 Key Developments4
13. Appendix
13.1 About the Insight Partners5
13.2 Glossary of Terms
LIST OF TABLES
Table 1. North America ECG Telemetry Devices Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 2. North America ECG Telemetry Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 3. US ECG Telemetry Devices Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 4. US ECG Telemetry Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 5. Canada ECG Telemetry Devices Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 6. Canada ECG Telemetry Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 7. Mexico ECG Telemetry Devices Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 8. Mexico ECG Telemetry Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 9. Europe ECG Telemetry Devices Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 10. Europe ECG Telemetry Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 11. Germany ECG Telemetry Devices Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 12. Germany ECG Telemetry Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 13. UK ECG Telemetry Devices Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 14. UK ECG Telemetry Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 15. France ECG Telemetry Devices Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 16. France ECG Telemetry Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 17. Italy ECG Telemetry Devices Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 18. Italy ECG Telemetry Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 19. Spain ECG Telemetry Devices Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 20. Spain ECG Telemetry Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 21. Rest of Europe ECG Telemetry Devices Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 22. Rest of Europe ECG Telemetry Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 23. Asia Pacific ECG Telemetry Devices Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 24. Asia Pacific ECG Telemetry Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 25. China ECG Telemetry Devices Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 26. China ECG Telemetry Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 27. Japan ECG Telemetry Devices Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 28. Japan ECG Telemetry Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 29. India ECG Telemetry Devices Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 30. India ECG Telemetry Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 31. South Korea ECG Telemetry Devices Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 32. South Korea ECG Telemetry Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 33. Australia ECG Telemetry Devices Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 34. Australia ECG Telemetry Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 35. Rest of Asia Pacific ECG Telemetry Devices Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 36. Rest of Asia Pacific ECG Telemetry Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 37. Middle East and Africa ECG Telemetry Devices Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 38. Middle East and Africa ECG Telemetry Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 39. South Africa ECG Telemetry Devices Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 40. South Africa ECG Telemetry Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 41. Saudi Arabia ECG Telemetry Devices Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 42. Saudi Arabia ECG Telemetry Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 43. UAE ECG Telemetry Devices Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 44. UAE ECG Telemetry Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 45. Rest of Middle East and Africa ECG Telemetry Devices Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 46. Rest of Middle East and Africa ECG Telemetry Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 47. South and Central America ECG Telemetry Devices Market, by Product – Revenue and Forecast to 2028 (USD Million)0
Table 48. South and Central America ECG Telemetry Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)0
Table 49. Brazil ECG Telemetry Devices Market, by Product – Revenue and Forecast to 2028 (USD Million)2
Table 50. Brazil ECG Telemetry Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)2
Table 51. Argentina ECG Telemetry Devices Market, by Product – Revenue and Forecast to 2028 (USD Million)4
Table 52. Argentina ECG Telemetry Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)4
Table 53. Rest of South and Central America ECG Telemetry Devices Market, by Product – Revenue and Forecast to 2028 (USD Million)6
Table 54. Rest of South and Central America ECG Telemetry Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)6
Table 55. Organic Developments Done by Companies3
Table 56. Inorganic Developments Done by Companies3
Table 57. Glossary of Terms, ECG Telemetry Devices Market5
LIST OF FIGURES
Figure 1. ECG Telemetry Devices Market Segmentation
Figure 2. ECG Telemetry Devices Market Segmentation, By Region
Figure 3. ECG Telemetry Devices Market Overview
Figure 4. Resting ECG Devices by Product Segment Held Largest Share of ECG Telemetry Devices Market
Figure 5. North America to Show Significant Growth During Forecast Period
Figure 6. ECG Telemetry Devices Market, by Geography (US$ Million)
Figure 7. Global ECG Telemetry Devices Market – Leading Country Markets (US$ Million)
Figure 8. Global ECG Telemetry Devices Market, Industry Landscape
Figure 9. North America PEST Analysis
Figure 10. Europe PEST Analysis
Figure 11. Asia Pacific PEST Analysis
Figure 12. Middle East and Africa (MEA) PEST Analysis
Figure 13. South and Central America (SCAM) PEST Analysis
Figure 14. ECG Telemetry Devices Market Impact Analysis of Drivers and Restraints
Figure 15. Global ECG Telemetry Devices Market – Revenue Forecast and Analysis – 2020- 2028
Figure 16. Global ECG Telemetry Devices Market – By Geography Forecast and Analysis – 2020- 2028
Figure 17. Market Positioning of Key Players in Global ECG Telemetry Devices Market
Figure 18. ECG Telemetry Devices Market Revenue Share, by Product (2020 and 2028)
Figure 19. Resting ECG Devices: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Stress ECG Devices: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Others: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. ECG Telemetry Devices Market Revenue Share, by End User (2020 and 2028)
Figure 23. Home Healthcare: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Hospitals: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. North America: ECG Telemetry Devices Market, by Key Country – Revenue (2020) (USD Million)
Figure 26. North America ECG Telemetry Devices Market Revenue and Forecast to 2028 (USD Million)
Figure 27. North America: ECG Telemetry Devices Market, by Country, 2020 & 2028 (%)
Figure 28. US: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
Figure 29. Canada: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
Figure 30. Mexico: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
Figure 31. Europe: ECG Telemetry Devices Market, by Key Country – Revenue (2020) (USD Million)
Figure 32. Europe ECG Telemetry Devices Market Revenue and Forecast to 2028 (USD Million)
Figure 33. Europe: ECG Telemetry Devices Market, by Country, 2020 & 2028 (%)
Figure 34. Germany: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
Figure 35. UK: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
Figure 36. France: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
Figure 37. Italy: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
Figure 38. Spain: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
Figure 39. Rest of Europe: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
Figure 40. Asia Pacific: ECG Telemetry Devices Market, by Key Country – Revenue (2020) (USD Million)
Figure 41. Asia Pacific ECG Telemetry Devices Market Revenue and Forecast to 2028 (USD Million)
Figure 42. Asia Pacific: ECG Telemetry Devices Market, by Country, 2020 & 2028 (%)
Figure 43. China: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
Figure 44. Japan: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
Figure 45. India: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
Figure 46. South Korea: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
Figure 47. Australia: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
Figure 48. Rest of Asia Pacific: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
Figure 49. Middle East and Africa: ECG Telemetry Devices Market, by Key Country – Revenue (2020) (USD Million)
Figure 50. Middle East and Africa ECG Telemetry Devices Market Revenue and Forecast to 2028 (USD Million)
Figure 51. Middle East and Africa: ECG Telemetry Devices Market, by Country, 2020 & 2028 (%)
Figure 52. South Africa: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
Figure 53. Saudi Arabia: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
Figure 54. UAE: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
Figure 55. Rest of Middle East and Africa: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)
Figure 56. South and Central America: ECG Telemetry Devices Market, by Key Country – Revenue (2020) (USD Million)
Figure 57. South and Central America ECG Telemetry Devices Market Revenue and Forecast to 2028 (USD Million)0
Figure 58. South and Central America: ECG Telemetry Devices Market, by Country, 2020 & 2028 (%)1
Figure 59. Brazil: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)2
Figure 60. Argentina: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)3
Figure 61. Rest of South and Central America: ECG Telemetry Devices Market – Revenue and Forecast to 2028 (USD Million)5
Figure 62. Impact of COVID-19 Pandemic in North American Country Markets7
Figure 63. Impact of COVID-19 Pandemic in Europe Country Markets8
Figure 64. Impact of COVID-19 Pandemic in Asia-Pacific Country Markets9
Figure 65. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets0
Figure 66. Impact of COVID-19 Pandemic in South and Central America Country Markets1
Figure 67. Growth Strategies Done by the Companies in the Market, (%)
The List of Companies - ECG Telemetry Devices Market
- Cardiac Science Corporation
- CompuMed Inc.
- GE Healthcare Inc.
- Medtronic Inc.
- Mindray Medical International Ltd.
- Nihon Kohden Corporation
- Philips Healthcare
- ScottCare Corporation
- Dragger
- Welch Allyn Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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