China Ecg Equipment And Management Systems Market Size & Outlook
- MedTech
- Cardiovascular Devices
- ECG Equipment And Management Systems Market Outlook
- Cardiovascular Devices
China Ecg Equipment And Management Systems Market, 2016-2028 (US$M)
Global Market
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China ecg equipment and management systems market highlights
- The China ecg equipment and management systems market generated a revenue of USD 545.3 million in 2021 and is expected to reach USD 890.7 million by 2028.
- The China market is expected to grow at a CAGR of 7.3% from 2022 to 2028.
- In terms of segment, resting ecg systems was the largest revenue generating type in 2021.
- ECG Management System is the most lucrative type segment registering the fastest growth during the forecast period.
Ecg equipment and management systems market data book summary
| Market revenue in 2021 | USD 545.3 million |
| Market revenue in 2028 | USD 890.7 million |
| Growth rate | 7.3% (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 |
Other key industry trends
- In terms of revenue, China accounted for 8.1% of the global ecg equipment and management systems market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, China ecg equipment and management systems market is projected to lead the regional market in terms of revenue in 2028.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 890.7 million by 2028.
Availability of various products in the market due to the presence of a number of regional and multinational players, large geriatric population, and high incidence & prevalence of CVDs, stroke, & AFib are factors likely to drive the ECG equipment and management systems market in China.
As per WHO, CVDs are a leading cause of death in China and account for 3 million deaths annually; CVD events such as stroke and ischemic heart disease are anticipated to increase by 50% from 2010 to 2030. According to Beyond the Burden
The Impact of Atrial fibrillation in Asia Pacific, about 7.6 million people are suffering from AFib in China. 1 in every 5 adults in China is estimated to be at risk of developing AFib in their lifetime. Some of the key companies operating in China.
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ECG Equipment And Management Systems Market Scope
ECG Equipment And Management Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| GE HealthCare Technologies Inc Common Stock | View profile | 51,000 | 500 West Monroe Street, Chicago, IL, United States, 60661 | www.gehealthcare.com |
| Koninklijke Philips NV | View profile | 73,712 | Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC | www.philips.com |
| McKesson Corp | View profile | 51,000 | 6555 State Highway 161, Irving, TX, United States, 75039 | www.mckesson.com |
| Hill-Rom | View profile | 10001+ | Chicago, Illinois, United States, North America | www.hillrom.com/ |
| Nihon Kohden Corp | View profile | 6,325 | 31-4 Nishiochiai 1-chome, Shinjuku-ku, Tokyo, Japan, 1618560 | www.nihonkohden.co.jp |
| CompuMed Inc | View profile | 9 | 5777 West Century Boulevard, Suite 360, Los Angeles, CA, United States, 90045 | www.compumedinc.com |
| Draegerwerk AG & Co KGaA | View profile | 16,476 | Moislinger Allee 53–55, Lubeck, Germany, 23542 | www.draeger.com |
| CardioComm Solutions Inc | View profile | 23 | 18 Wynford Drive, Suite 305, North York, ON, Canada, M3C 3S2 | www.cardiocommsolutions.com |
| Mindray Medical International | View profile | 5001-10000 | Nanshan, Hunan, China, Asia | www.mindray.com |
| BioTelemetry | View profile | 1001-5000 | Malvern, Pennsylvania, United States, North America | www.gobio.com |
China ECG Equipment And Management Systems Market Outlook
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 Outlook will help companies and investors design strategic landscapes.
Resting Ecg Systems was the largest segment with a revenue share of 61.71% in 2021.
Horizon Databook has segmented the China 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.
Availability of various products in the market due to the presence of a number of regional and multinational players, large geriatric population, and high incidence & prevalence of CVDs, stroke, & AFib are factors likely to drive the ECG equipment and management systems market in China.
As per WHO, CVDs are a leading cause of death in China and account for 3 million deaths annually; CVD events such as stroke and ischemic heart disease are anticipated to increase by 50% from 2010 to 2030. According to Beyond the Burden
The Impact of Atrial fibrillation in Asia Pacific, about 7.6 million people are suffering from AFib in China. 1 in every 5 adults in China is estimated to be at risk of developing AFib in their lifetime. Some of the key companies operating in China.
- China Ecg Equipment And Management Systems Market Type Outlook (Revenue, USD Million , 2016-2028)
- Resting ECG Systems
- Holter Monitoring Systems
- Stress ECG Monitors
- Event Monitoring Systems
- ECG Management System
- China Ecg Equipment And Management Systems Market End Use Outlook (Revenue, USD Million , 2016-2028)
- Hospitals and Clinics
- Ambulatory Facilities
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the China ECG Equipment And Management Systems Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into China ECG Equipment And Management Systems Market Outlook from 2016 to 2028, including revenue numbers, major trends, and company profiles.
China Ecg Equipment And Management Systems Market, 2016-2028 (US$M)
China ecg equipment and management systems market statistics, by type, 2016-2028 (US$M)
