Mexico - Latin America Ecg Equipment And Management Systems Market Size & Outlook
- MedTech
- Cardiovascular Devices
- ECG Equipment And Management Systems Market Outlook
- Cardiovascular Devices
Mexico - Latin America Ecg Equipment And Management Systems Market, 2016-2028 (US$M)
Global Market
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Mexico ecg equipment and management systems market highlights
- The Mexico ecg equipment and management systems market generated a revenue of USD 80.5 million in 2021 and is expected to reach USD 119.6 million by 2028.
- The Mexico market is expected to grow at a CAGR of 5.8% 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 80.5 million |
| Market revenue in 2028 | USD 119.6 million |
| Growth rate | 5.8% (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, Mexico accounted for 1.2% 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 Latin America, Brazil ecg equipment and management systems market is projected to lead the regional market in terms of revenue in 2028.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 119.6 million by 2028.
Supportive government regulations, increase prevalence of AFib, and government initiatives to decrease the burden of heart disease are expected to drive the market in Mexico. According to La Encuesta Nacional de Salud y Nutricion, 18.4% of the Mexican population aged over 20 years had hypertension in 2018.
CVD is among the leading causes of death in Mexico, with 141,619 deaths in 2018 as per National Institute of Statistics and Geography (INEGI). Thus, to control the prevalence of hypertension and heart diseases, Mexico joined the HEARTS initiative in February 2020.
The HEARTS initiative aims at improving the prevention and control of hypertension at the primary care level. Thus, strong government support from the government is likely to propel the market in Mexico. According to Mexico’s new Health Accord in 2010.
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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 |
Mexico - Latin America 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 57.76% in 2021.
Horizon Databook has segmented the Mexico - Latin America 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.
Supportive government regulations, increase prevalence of AFib, and government initiatives to decrease the burden of heart disease are expected to drive the market in Mexico. According to La Encuesta Nacional de Salud y Nutricion, 18.4% of the Mexican population aged over 20 years had hypertension in 2018.
CVD is among the leading causes of death in Mexico, with 141,619 deaths in 2018 as per National Institute of Statistics and Geography (INEGI). Thus, to control the prevalence of hypertension and heart diseases, Mexico joined the HEARTS initiative in February 2020.
The HEARTS initiative aims at improving the prevention and control of hypertension at the primary care level. Thus, strong government support from the government is likely to propel the market in Mexico. According to Mexico’s new Health Accord in 2010.
- Mexico - Latin America 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
- Mexico - Latin America 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 Mexico - Latin America ECG Equipment And Management Systems Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Mexico - Latin America ECG Equipment And Management Systems Market Outlook from 2016 to 2028, including revenue numbers, major trends, and company profiles.
Mexico - Latin America Ecg Equipment And Management Systems Market, 2016-2028 (US$M)
Mexico ecg equipment and management systems market statistics, by type, 2016-2028 (US$M)
