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ECG Monitoring System Market: Analysis of Trends in Various Regions with leading companies GE Healthcare, Philips Healthcare, Nihon Kohden, Schiller AG, Opto Circuits, OSI Systems Fukuda Denshi Co Ltd., Johnson and Johnson, and Medtronic

01-28-2019 05:53 PM CET | Health & Medicine

Press release from: Allied Market Research

ECG Monitoring System Market: Analysis of Trends in Various

ECG Monitoring Systems are medical devices, which identify and give information about abnormal functioning of the heart. Rest ECG recorders, ECG stress testing systems, event recorders and Holter monitors are the part of ECG Monitoring systems. Cardiovascular diseases such as coronary heart diseases and strokes are estimated to be the leading cause of deaths worldwide. In order to prevent cardiovascular diseases, ECG Monitoring systems are used to detect abnormal heart functioning in patients. They also help in diagnosis and in maintaining normal functioning of the heart.

The major factors that drive the growth of this market are the rise in cardiovascular fatalities, increasing number of cardiovascular incidences, and growing healthcare expenditures. However, lack of awareness regarding personal health and the cost associated with these devices hinders the growth of this market. The demand for ECG monitoring systems would grow due to the increase in the number of people suffering from cardiovascular diseases.

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Global ECG Monitoring System Market by Type

Global ECG monitoring system market is segmented into Rest ECG Monitoring Systems, Stress ECG Monitoring Systems, Holter Monitoring Systems and Event Monitoring Systems. Holter monitoring systems are expected to grow with a high growth rate in the future due to the growing number of cardiovascular cases.

Global ECG Monitoring System Market by Geography

Geographically, the ECG Monitoring System market is segmented into North America, Europe, Asia-Pacific and LAMEA. North America is the largest market for ECG Monitoring Systems due to the prevalence of cardiovascular diseases and growing patient population. Europe is the second largest market with the growing population suffering from cardiovascular diseases.

Competitive Analysis

GE Healthcare, Philips Healthcare, Nihon Kohden, Schiller AG, Opto Circuits, OSI Systems Fukuda Denshi Co Ltd., Johnson and Johnson, and Medtronic are some of the players in the market. Product launch and acquisitions are the major competitive strategies adopted by these players. In Apr 2014, GE Healthcare introduced a new MAC 2000 resting ECG system, which helps to avoid variations in ECG information and provides accurate information about patients’ medical condition.

Top Key Players :

• GE Healthcare
• Philips Healthcare
• Nihon Kohden
• Schiller AG
• Opto Circuits
• OSI Systems Fukuda Denshi Co Ltd.
• Johnson and Johnson
• Medtronic

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Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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