South Africa Ecg Equipment And Management Systems Market Size & Outlook
- MedTech
- Cardiovascular Devices
- ECG Equipment And Management Systems Market Outlook
- Cardiovascular Devices
South Africa Ecg Equipment And Management Systems Market, 2016-2028 (US$M)
Global Market
Related Markets
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South Africa ecg equipment and management systems market highlights
- The South Africa ecg equipment and management systems market generated a revenue of USD 51.9 million in 2021 and is expected to reach USD 75.3 million by 2028.
- The South Africa market is expected to grow at a CAGR of 5.5% 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 51.9 million |
| Market revenue in 2028 | USD 75.3 million |
| Growth rate | 5.5% (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, South Africa accounted for 0.8% 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 Middle East & Africa, South Africa ecg equipment and management systems market is projected to lead the regional market in terms of revenue in 2028.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 75.3 million by 2028.
South Africa has a growing prevalence of heart diseases due to increasing obesity. CVDs account for 18% of total deaths caused by noncommunicable disorders. In a hospital-based study in South Africa, it was found that 4.6% of cardiology patients had AFib.
This resulted in an estimated prevalence of 5.6 cases per 100,000 population per year. High prevalence of CVD leads to increase in cardiac surgeries and offers potential market opportunities for heart devices. Approximately 33% of the population is obese
which makes it the leading country with obesity among sub-Saharan countries. The high obesity rate in the country, with their consequentially increased predisposition to CVDs, is driving the need for early detection. In 2015, the health department of South Africa formulated a strategy for prevention and control of obesity & CVDs, to be implemented between 2015 and 2020.
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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 |
South Africa 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 61.46% in 2021.
Horizon Databook has segmented the South Africa 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.
South Africa has a growing prevalence of heart diseases due to increasing obesity. CVDs account for 18% of total deaths caused by noncommunicable disorders. In a hospital-based study in South Africa, it was found that 4.6% of cardiology patients had AFib.
This resulted in an estimated prevalence of 5.6 cases per 100,000 population per year. High prevalence of CVD leads to increase in cardiac surgeries and offers potential market opportunities for heart devices. Approximately 33% of the population is obese
which makes it the leading country with obesity among sub-Saharan countries. The high obesity rate in the country, with their consequentially increased predisposition to CVDs, is driving the need for early detection. In 2015, the health department of South Africa formulated a strategy for prevention and control of obesity & CVDs, to be implemented between 2015 and 2020.
- South Africa 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
- South Africa 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 South Africa ECG Equipment And Management Systems Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Africa ECG Equipment And Management Systems Market Outlook from 2016 to 2028, including revenue numbers, major trends, and company profiles.
South Africa Ecg Equipment And Management Systems Market, 2016-2028 (US$M)
South Africa ecg equipment and management systems market statistics, by type, 2016-2028 (US$M)
