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ECG Equipment Global Market Insights 2025, Analysis and Forecast to 2030, by Market Participants, Regions, Technology, Application, Product Type

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    Report

  • 95 Pages
  • April 2025
  • Region: Global
  • Prof Research
  • ID: 6067344
ECG equipment, encompassing resting, Holter, stress, event, and mobile telemetry systems, is vital for diagnosing cardiovascular diseases (CVDs), which cause 17.9 million deaths annually. The market is fueled by rising CVD risk factors like hypertension (1.3 billion cases) and diabetes (600 million cases), alongside aging populations and telehealth growth. Innovations like portable devices and AI algorithms enhance detection. The global market is projected to reach between USD 5.3 billion and USD 8.8 billion in 2025, with a CAGR of 6.3% to 8.4% through 2030.

Regional Analysis

  • North America: The U.S. leads with high CVD rates, while Canada focuses on telehealth.
  • Europe: Germany, France, and the UK drive demand due to advanced diagnostics.
  • Asia Pacific: China and India see growth from rising chronic diseases, while Japan emphasizes elderly care.
  • Rest of the World: Brazil expands cardiac care, and the Middle East invests in monitoring tech.

Application Analysis

  • Hospitals: Expected growth of 6.4%-8.5%, driven by acute care. Trends focus on integration.
  • Ambulatory Surgical Centers: Projected growth of 6.2%-8.3%, linked to outpatient diagnostics. Developments emphasize portability.
  • Others: Anticipated growth of 6.1%-8.2%, covering home care. Advances prioritize accessibility.

Type Analysis

  • Resting ECG Systems: Expected growth of 6.3%-8.4%, valued for routine use. Trends highlight cloud connectivity.
  • Holter Monitoring Systems: Projected growth of 6.4%-8.5%, key for long-term tracking. Advances focus on wearability.
  • Stress ECG Monitors: Anticipated growth of 6.2%-8.3%, suited for exercise tests. Innovations emphasize accuracy.
  • Event Monitoring Systems: Expected growth of 6.5%-8.6%, driven by arrhythmia detection. Trends lean toward AI.
  • Mobile Cardiac Telemetry Systems: Projected growth of 6.6%-8.7%, key for real-time data. Advances focus on mobility.

Key Market Players

Leading firms include GE HealthCare, offering advanced ECGs; Philips, launching cloud-based systems; Nihon Kohden Corporation, enhancing diagnostics; Schiller, focusing on portability; Shenzhen Mindray, scaling solutions; Medtronic, supporting cardiac care; Hill-Rom Services (Baxter), boosting telemetry; AliveCor, innovating in wearables; Spacelabs Healthcare, targeting monitoring; and Johnson & Johnson, advancing tech.

Porter's Five Forces Analysis

  • Threat of New Entrants: Moderate, due to tech and regulatory barriers, though wearable innovators can enter.
  • Threat of Substitutes: Low, as ECGs are essential for CVD diagnosis with no direct alternatives.
  • Bargaining Power of Buyers: Moderate, with facilities seeking reliable, cost-effective devices, though clinical needs limit options.
  • Bargaining Power of Suppliers: Low, with multiple component providers.
  • Competitive Rivalry: High, with competition on AI, portability, and connectivity.

Market Opportunities and Challenges

Opportunities:

  • CVDs (17.9 million deaths) and risk factors (1.3 billion hypertension cases) drive demand.
  • Aging populations (2.1 billion over 60 by 2050) boost needs, while
  • AI and telehealth enhance adoption. Wearable trends increase usage.

Challenges:

  • High costs of advanced devices limit access in low-income regions.
  • Regulatory delays for AI tech slow growth.
  • Data privacy concerns pose barriers.
  • Market News
  • In February 2024, Thyrocare acquired Think Health, enhancing home ECG services in India.
  • In January 2024, Omron launched AliveCor’s KardiaMobile in Italy and France.
  • In December 2021, Baxter completed the acquisition of Hillrom.

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Table of Contents

Chapter 1 Executive SummaryChapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 Ecg Equipment Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Historical and Forecast Ecg Equipment Market in North America (2020-2030)
8.1 Ecg Equipment Market Size
8.2 Ecg Equipment Market by End Use
8.3 Competition by Players/Suppliers
8.4 Ecg Equipment Market Size by Type
8.5 Key Countries Analysis
8.5.1 United States
8.5.2 Canada
8.5.3 Mexico
Chapter 9 Historical and Forecast Ecg Equipment Market in South America (2020-2030)
9.1 Ecg Equipment Market Size
9.2 Ecg Equipment Market by End Use
9.3 Competition by Players/Suppliers
9.4 Ecg Equipment Market Size by Type
9.5 Key Countries Analysis
9.5.1 Brazil
9.5.2 Argentina
9.5.3 Chile
9.5.4 Peru
Chapter 10 Historical and Forecast Ecg Equipment Market in Asia & Pacific (2020-2030)
10.1 Ecg Equipment Market Size
10.2 Ecg Equipment Market by End Use
10.3 Competition by Players/Suppliers
10.4 Ecg Equipment Market Size by Type
10.5 Key Countries Analysis
10.5.1 China
10.5.2 India
10.5.3 Japan
10.5.4 South Korea
10.5.5 Southeast Asia
10.5.6 Australia
Chapter 11 Historical and Forecast Ecg Equipment Market in Europe (2020-2030)
11.1 Ecg Equipment Market Size
11.2 Ecg Equipment Market by End Use
11.3 Competition by Players/Suppliers
11.4 Ecg Equipment Market Size by Type
11.5 Key Countries Analysis
11.5.1 Germany
11.5.2 France
11.5.3 United Kingdom
11.5.4 Italy
11.5.5 Spain
11.5.6 Belgium
11.5.7 Netherlands
11.5.8 Austria
11.5.9 Poland
11.5.10 Russia
Chapter 12 Historical and Forecast Ecg Equipment Market in MEA (2020-2030)
12.1 Ecg Equipment Market Size
12.2 Ecg Equipment Market by End Use
12.3 Competition by Players/Suppliers
12.4 Ecg Equipment Market Size by Type
12.5 Key Countries Analysis
12.5.1 Egypt
12.5.2 Israel
12.5.3 South Africa
12.5.4 Gulf Cooperation Council Countries
12.5.5 Turkey
Chapter 13 Summary For Global Ecg Equipment Market (2020-2025)
13.1 Ecg Equipment Market Size
13.2 Ecg Equipment Market by End Use
13.3 Competition by Players/Suppliers
13.4 Ecg Equipment Market Size by Type
Chapter 14 Global Ecg Equipment Market Forecast (2025-2030)
14.1 Ecg Equipment Market Size Forecast
14.2 Ecg Equipment Application Forecast
14.3 Competition by Players/Suppliers
14.4 Ecg Equipment Type Forecast
Chapter 15 Analysis of Global Key Vendors
15.1 GE HealthCare
15.1.1 Company Profile
15.1.2 Main Business and ECG Equipment Information
15.1.3 SWOT Analysis of GE HealthCare
15.1.4 GE HealthCare ECG Equipment Revenue, Gross Margin and Market Share (2020-2025)
15.2 Philips
15.2.1 Company Profile
15.2.2 Main Business and ECG Equipment Information
15.2.3 SWOT Analysis of Philips
15.2.4 Philips ECG Equipment Revenue, Gross Margin and Market Share (2020-2025)
15.3 Nihon Kohden Corporation
15.3.1 Company Profile
15.3.2 Main Business and ECG Equipment Information
15.3.3 SWOT Analysis of Nihon Kohden Corporation
15.3.4 Nihon Kohden Corporation ECG Equipment Revenue, Gross Margin and Market Share (2020-2025)
15.4 Schiller
15.4.1 Company Profile
15.4.2 Main Business and ECG Equipment Information
15.4.3 SWOT Analysis of Schiller
15.4.4 Schiller ECG Equipment Revenue, Gross Margin and Market Share (2020-2025)
15.5 Shenzhen Mindray Bio-Medical Electronics
15.5.1 Company Profile
15.5.2 Main Business and ECG Equipment Information
15.5.3 SWOT Analysis of Shenzhen Mindray Bio-Medical Electronics
15.5.4 Shenzhen Mindray Bio-Medical Electronics ECG Equipment Revenue, Gross Margin and Market Share (2020-2025)
15.6 Medtronic
15.6.1 Company Profile
15.6.2 Main Business and ECG Equipment Information
15.6.3 SWOT Analysis of Medtronic
15.6.4 Medtronic ECG Equipment Revenue, Gross Margin and Market Share (2020-2025)
15.7 Hill-Rom Services(Baxter)
15.7.1 Company Profile
15.7.2 Main Business and ECG Equipment Information
15.7.3 SWOT Analysis of Hill-Rom Services(Baxter)
15.7.4 Hill-Rom Services(Baxter) ECG Equipment Revenue, Gross Margin and Market Share (2020-2025)
15.8 AliveCor
15.8.1 Company Profile
15.8.2 Main Business and ECG Equipment Information
15.8.3 SWOT Analysis of AliveCor
15.8.4 AliveCor ECG Equipment Revenue, Gross Margin and Market Share (2020-2025)
15.9 Spacelabs Healthcare
15.9.1 Company Profile
15.9.2 Main Business and ECG Equipment Information
15.9.3 SWOT Analysis of Spacelabs Healthcare
15.9.4 Spacelabs Healthcare ECG Equipment Revenue, Gross Margin and Market Share (2020-2025)
15.10 Johnson & Johnson
15.10.1 Company Profile
15.10.2 Main Business and ECG Equipment Information
15.10.3 SWOT Analysis of Johnson & Johnson
15.10.4 Johnson & Johnson ECG Equipment Revenue, Gross Margin and Market Share (2020-2025)
15.11 ACS Diagnostics
15.11.1 Company Profile
15.11.2 Main Business and ECG Equipment Information
15.11.3 SWOT Analysis of ACS Diagnostics
15.11.4 ACS Diagnostics ECG Equipment Revenue, Gross Margin and Market Share (2020-2025)
15.12 Allengers
15.12.1 Company Profile
15.12.2 Main Business and ECG Equipment Information
15.12.3 SWOT Analysis of Allengers
15.12.4 Allengers ECG Equipment Revenue, Gross Margin and Market Share (2020-2025)
List of Tables and Figures
Table Abbreviation and Acronyms
Table Research Scope of Ecg Equipment Report
Table Data Sources of Ecg Equipment Report
Table Major Assumptions of Ecg Equipment Report
Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Ecg Equipment Picture
Table Ecg Equipment Classification
Table Ecg Equipment Applications
Table Drivers of Ecg Equipment Market
Table Restraints of Ecg Equipment Market
Table Opportunities of Ecg Equipment Market
Table Threats of Ecg Equipment Market
Table COVID-19 Impact For Ecg Equipment Market
Table Raw Materials Suppliers
Table Different Production Methods of Ecg Equipment
Table Cost Structure Analysis of Ecg Equipment
Table Key End Users
Table Latest News of Ecg Equipment Market
Table Merger and Acquisition
Table Planned/Future Project of Ecg Equipment Market
Table Policy of Ecg Equipment Market
Table 2020-2030 North America Ecg Equipment Market Size
Figure 2020-2030 North America Ecg Equipment Market Size and CAGR
Table 2020-2030 North America Ecg Equipment Market Size by Application
Table 2020-2025 North America Ecg Equipment Key Players Revenue
Table 2020-2025 North America Ecg Equipment Key Players Market Share
Table 2020-2030 North America Ecg Equipment Market Size by Type
Table 2020-2030 United States Ecg Equipment Market Size
Table 2020-2030 Canada Ecg Equipment Market Size
Table 2020-2030 Mexico Ecg Equipment Market Size
Table 2020-2030 South America Ecg Equipment Market Size
Figure 2020-2030 South America Ecg Equipment Market Size and CAGR
Table 2020-2030 South America Ecg Equipment Market Size by Application
Table 2020-2025 South America Ecg Equipment Key Players Revenue
Table 2020-2025 South America Ecg Equipment Key Players Market Share
Table 2020-2030 South America Ecg Equipment Market Size by Type
Table 2020-2030 Brazil Ecg Equipment Market Size
Table 2020-2030 Argentina Ecg Equipment Market Size
Table 2020-2030 Chile Ecg Equipment Market Size
Table 2020-2030 Peru Ecg Equipment Market Size
Table 2020-2030 Asia & Pacific Ecg Equipment Market Size
Figure 2020-2030 Asia & Pacific Ecg Equipment Market Size and CAGR
Table 2020-2030 Asia & Pacific Ecg Equipment Market Size by Application
Table 2020-2025 Asia & Pacific Ecg Equipment Key Players Revenue
Table 2020-2025 Asia & Pacific Ecg Equipment Key Players Market Share
Table 2020-2030 Asia & Pacific Ecg Equipment Market Size by Type
Table 2020-2030 China Ecg Equipment Market Size
Table 2020-2030 India Ecg Equipment Market Size
Table 2020-2030 Japan Ecg Equipment Market Size
Table 2020-2030 South Korea Ecg Equipment Market Size
Table 2020-2030 Southeast Asia Ecg Equipment Market Size
Table 2020-2030 Australia Ecg Equipment Market Size
Table 2020-2030 Europe Ecg Equipment Market Size
Figure 2020-2030 Europe Ecg Equipment Market Size and CAGR
Table 2020-2030 Europe Ecg Equipment Market Size by Application
Table 2020-2025 Europe Ecg Equipment Key Players Revenue
Table 2020-2025 Europe Ecg Equipment Key Players Market Share
Table 2020-2030 Europe Ecg Equipment Market Size by Type
Table 2020-2030 Germany Ecg Equipment Market Size
Table 2020-2030 France Ecg Equipment Market Size
Table 2020-2030 United Kingdom Ecg Equipment Market Size
Table 2020-2030 Italy Ecg Equipment Market Size
Table 2020-2030 Spain Ecg Equipment Market Size
Table 2020-2030 Belgium Ecg Equipment Market Size
Table 2020-2030 Netherlands Ecg Equipment Market Size
Table 2020-2030 Austria Ecg Equipment Market Size
Table 2020-2030 Poland Ecg Equipment Market Size
Table 2020-2030 Russia Ecg Equipment Market Size
Table 2020-2030 MEA Ecg Equipment Market Size
Figure 2020-2030 MEA Ecg Equipment Market Size and CAGR
Table 2020-2030 MEA Ecg Equipment Market Size by Application
Table 2020-2025 MEA Ecg Equipment Key Players Revenue
Table 2020-2025 MEA Ecg Equipment Key Players Market Share
Table 2020-2030 MEA Ecg Equipment Market Size by Type
Table 2020-2030 Egypt Ecg Equipment Market Size
Table 2020-2030 Israel Ecg Equipment Market Size
Table 2020-2030 South Africa Ecg Equipment Market Size
Table 2020-2030 Gulf Cooperation Council Countries Ecg Equipment Market Size
Table 2020-2030 Turkey Ecg Equipment Market Size
Table 2020-2025 Global Ecg Equipment Market Size by Region
Table 2020-2025 Global Ecg Equipment Market Size Share by Region
Table 2020-2025 Global Ecg Equipment Market Size by Application
Table 2020-2025 Global Ecg Equipment Market Share by Application
Table 2020-2025 Global Ecg Equipment Key Vendors Revenue
Figure 2020-2025 Global Ecg Equipment Market Size and Growth Rate
Table 2020-2025 Global Ecg Equipment Key Vendors Market Share
Table 2020-2025 Global Ecg Equipment Market Size by Type
Table 2020-2025 Global Ecg Equipment Market Share by Type
Table 2025-2030 Global Ecg Equipment Market Size by Region
Table 2025-2030 Global Ecg Equipment Market Size Share by Region
Table 2025-2030 Global Ecg Equipment Market Size by Application
Table 2025-2030 Global Ecg Equipment Market Share by Application
Table 2025-2030 Global Ecg Equipment Key Vendors Revenue
Figure 2025-2030 Global Ecg Equipment Market Size and Growth Rate
Table 2025-2030 Global Ecg Equipment Key Vendors Market Share
Table 2025-2030 Global Ecg Equipment Market Size by Type
Table 2025-2030 Ecg Equipment Global Market Share by Type

Companies Mentioned

  • GE HealthCare
  • Philips
  • Nihon Kohden Corporation
  • Schiller
  • Shenzhen Mindray Bio-Medical Electronics
  • Medtronic
  • Hill-Rom Services(Baxter)
  • AliveCor
  • Spacelabs Healthcare
  • Johnson & Johnson
  • ACS Diagnostics
  • Allengers