U.S. Ecg Equipment And Management Systems Market Size & Outlook
- MedTech
- Cardiovascular Devices
- ECG Equipment And Management Systems Market Outlook
- Cardiovascular Devices
U.S. Ecg Equipment And Management Systems Market, 2016-2028 (US$M)
Global Market
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U.S. ecg equipment and management systems market highlights
- The U.S. ecg equipment and management systems market generated a revenue of USD 2,944.7 million in 2021 and is expected to reach USD 4,375.9 million by 2028.
- The U.S. 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 2,944.7 million |
| Market revenue in 2028 | USD 4,375.9 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, U.S. accounted for 43.7% 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 North America, U.S. ecg equipment and management systems market is projected to lead the regional market in terms of revenue in 2028.
- Canada is the fastest growing regional market in North America and is projected to reach USD 283.3 million by 2028.
The U.S. accounted for the largest share in North America due to technological advancements, the recent approval of many ECG equipment and management systems. Manufacturers investing in R&D to obtaining approvals for new products for commercialization. Recently, approvals for wireless monitoring & smartphone-based devices that transmit ECG have increased.
Launch of initiatives to raise public awareness about heart health and diseases in the U.S. is projected to provide significant momentum to the market in the coming years. The American Heart Association has undertaken initiatives, such as Go Red for Women.
Which educates women about heart health. Similarly, National Heart, Lung, and Blood Institute initiated The Heart Truth and National Wear Red Day in the U.S. In addition, connectivity to EHR or data integration, along with continuously increasing geriatric population.
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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 |
U.S. 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 56.29% in 2021.
Horizon Databook has segmented the U.S. 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.
The U.S. accounted for the largest share in North America due to technological advancements, the recent approval of many ECG equipment and management systems. Manufacturers investing in R&D to obtaining approvals for new products for commercialization. Recently, approvals for wireless monitoring & smartphone-based devices that transmit ECG have increased.
Launch of initiatives to raise public awareness about heart health and diseases in the U.S. is projected to provide significant momentum to the market in the coming years. The American Heart Association has undertaken initiatives, such as Go Red for Women.
Which educates women about heart health. Similarly, National Heart, Lung, and Blood Institute initiated The Heart Truth and National Wear Red Day in the U.S. In addition, connectivity to EHR or data integration, along with continuously increasing geriatric population.
- U.S. 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
- U.S. Ecg Equipment And Management Systems Market End Use Outlook (Revenue, USD Million , 2016-2028)
- Hospitals and Clinics
- Ambulatory Facilities
- Others
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U.S. Ecg Equipment And Management Systems Market, 2016-2028 (US$M)
U.S. ecg equipment and management systems market statistics, by type, 2016-2028 (US$M)
