Electrocardiogram (ECG) Devices Market

Electrocardiogram (ECG) Devices Market, By Product Type (Monitoring ECG Systems (Data Monitoring, Event Monitoring, and Cardiovascular Monitoring) and Diagnostic ECG Systems (Rest ECG Systems, Stress ECG Systems, and Holter ECG Systems), By Technology (Portable ECG Systems and Wireless ECG Systems), By Lead Type (Single Lead ECG, 3-6 Lead ECG, and 12-Lead ECG), By End User (Hospitals, Homecare Settings, and Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030

The electrocardiogram devices, also known as ECG or EKG devices, are used in the measurement of electrical activity of the heart. Electrocardiographs detect the electrical signals associated with cardiac activity and produce an ECG, a graphic record of the voltage versus time. Sensors attached to the skin are used to detect the electrical signals produced by heart every time it beats. The electrocardiogram devices are widely used to diagnose and assist heart disease and arrhythmias. It mainly records how often the heart beats (heart rate) and how regularly it beats (heart rhythm). It can provide important informationsuch as about possible narrowing of the coronary arteries, a heart attack or an irregular heartbeat like atrial fibrillation.

The basic principle of the ECG is that stimulation of a muscle alters the electrical potential of the muscle fibres. Cardiac cells, unlike other cells, have a property known as automaticity that can spontaneously initiate impulses. Electrocardiogram is also called as electrocardiograph. It is helps to measure the patients heart functioning.

Market Dynamics

Increasing approvals and launchs of novel electrocardiogram (ECG) devices in is expected to drive the global electrocardiogram (ECG) devices market growth over the forecast period. For instance, on September 16, 2021, B-Secur, a company that enable the next generation in health and wellness monitoring, and create software solutions by using ECG/EKG measured from the body, launched an ECG hardware and software development kit that can help companies to fast-track the development of their ECG devices. It will provide easy access to development integration of B-Secur’s U.S. FDA Cleared Heartkey technology for smaller consumer wearable device makers.

Key features of the study:

• This report provides in-depth analysis of global electrocardiogram (ECG) devices market and provides market size (US$ 4,353.0 Million) and compound annual growth rate (5.4% CAGR ) for the forecast period (2023–2030), considering 2022 as the base year
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
• It profiles leading players in the global electrocardiogram (ECG) devices market based on the following parameters– company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies, and future plans
• Key companies covered as a part of this study include Cardiac Insight Inc., Koninklijke Philips N.V., General Electric Company, CardioNet Inc., Mindray Medical International Limited, Spacelabs Healthcare (a subsidiary of OSI Systems Inc.), Schiller AG, CompuMed Inc., Nihon Cohden Corporation, and Welch Allyn Inc.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
• Global electrocardiogram (ECG) devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global electrocardiogram (ECG) devices market

Detailed Segmentation:

• Global Electrocardiogram (ECG) Devices Market, By Product Type

Monitoring ECG Systems

• Data Monitoring
• Event Monitoring
• Cardiovascular Monitoring

Diagnostic ECG Systems

• Rest ECG Systems
• Stress ECG Systems
• Holter ECG Systems
• Global Electrocardiogram (ECG) Devices Market, By Technology

Portable ECG Systems

Wireless ECG Systems

• Global Electrocardiogram (ECG) Devices Market, By Lead Type

Single Lead ECG

3-6 Lead ECG

12-Lead ECG

• Global Electrocardiogram (ECG) Devices Market, By End User

Hospitals

Homecare Settings

Others

• Global Electrocardiogram (ECG) Devices Market, By Region

North America

• By Country:

U.S.

Canada

Latin America

• By Country:

Brazil

Mexico

Argentina

Rest of Latin America

Europe

• By Country:

Germany

U.K.

France

Italy

Spain

Russia

Rest of Europe

Asia Pacific

• By Country

China

India

Japan

Australia

South Korea

ASEAN

Rest of Asia Pacific

Middle East

• By Country:

GCC

Israel

Rest of Middle East

Africa

• By Country/Region:

South Africa

Central Africa

North Africa

• Company Profiles

Cardiac Insight Inc.*

• Company Highlights
• Products Portfolio
• Key Highlights
• Financial Performance
• Strategies

Koninklijke Philips N.V.

General Electric Company

CardioNet Inc.

Mindray Medical International Limited

Spacelabs Healthcare (a subsidiary of OSI Systems Inc.)

Schiller AG

CompuMed Inc.

Nihon Cohden Corporation

Welch Allyn Inc.

“*” marked represents similar segmentation in other categories in the respective section.