EUROPE ECG EQUIPMENT MARKET 2021-2028

Lifesciences | Medical Devices & Consumables

EUROPE ECG EQUIPMENT MARKET 2021-2028

Market by System, Product, Lead Type, Industry Verticals, and Country Outlook | Forecast 2021-2028

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An analysis by Triton Market suggests that the ECG equipment market in Europe is set to progress with a CAGR of 5.79% in the projected duration from 2021 to 2028.


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The countries examined in this market include:

•    The United Kingdom

•    Spain

•    Germany

•    Sweden

•    Italy

•    France

•    Russia

•    Rest of Europe

Data published by the World Bank suggests that, in 2018, 21.6% of the total population in Germany was aged 65 years and older, and this percentage is expected to rise in the coming years. The aged population is more vulnerable to CVDs, and hence, their prevalence is expected to increase. According to the latest WHO data published in 2018, deaths due to coronary heart disease in the country reached 24.95% of the total deaths. Moreover, the death rate due to heart diseases in Germany was found to be higher than that in the US and the UK. 

Chronic heart failure is the most common reason for hospital stays here, which results in the high cost of treatment. Therefore, ECG telemetry devices are expected to decrease the cost of hospital stays and the frequency of doctor's appointments. The high healthcare spending, the rise in the prevalence of CVD owing to the high elderly population, and the rise in the initiatives & contributions from the institution to educate people, are driving the German ECG equipment market.

Schiller AG is a globally known company engaged in manufacturing and supplying devices for defibrillation, cardiopulmonary diagnostics, and patient monitoring & software solutions, for the healthcare industry. With an experience of over four decades, Schiller is committed in its fight against sudden cardiac deaths. The company launched a lightweight, handy emergency electrocardioscope. A few years later, it also launched the smallest emergency ECG device with an integrated printer. Schiller AG was founded in 1974 and headquartered in Baar, Switzerland.

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Table of Content

1. EUROPE ECG EQUIPMENT MARKET – SUMMARY

2. INDUSTRY OUTLOOK

2.1. IMPACT OF COVID-19 ON THE ECG EQUIPMENT MARKET

2.2. KEY INSIGHTS

2.3. PORTER’S FIVE FORCES MODEL

2.3.1. THREAT OF NEW ENTRANTS

2.3.2. THREAT OF SUBSTITUTE PRODUCTS

2.3.3. BARGAINING POWER OF BUYERS

2.3.4. BARGAINING POWER OF SUPPLIERS

2.3.5. COMPETITIVE RIVALRY

2.4. KEY IMPACT ANALYSIS

2.5. LEGAL, POLICY & REGULATORY FRAMEWORK

2.6. INDUSTRY COMPONENTS

2.7. MARKET ATTRACTIVENESS INDEX

2.8. VENDOR SCORECARD

2.9. KEY MARKET STRATEGIES

2.9.1. CONTRACTS AND PARTNERSHIPS

2.9.2. BUSINESS EXPANSIONS, ANNOUNCEMENTS & DIVESTITURES

2.9.3. ACQUISITIONS & MERGERS

2.9.4. NEW PRODUCT LAUNCHES & DEVELOPMENTS

2.10. MARKET DRIVERS

2.10.1. SUPPORTIVE LAWS AND REGULATIONS TO ACCOMMODATE BETTER RESEARCH AND DEVELOPMENT OF ECG EQUIPMENT PRODUCTS

2.10.2. GROWING DEMAND FOR ECG DATA MANAGEMENT SOLUTIONS

2.10.3. PREVALENCE OF CARDIOVASCULAR DISEASES IMPACTING THE ECG MARKET

2.11. MARKET CHALLENGES

2.11.1. INTENSE COMPETITION AMONG THE VENDORS IN THE ECG DEVICES MARKET

2.11.2. LOW REIMBURSEMENT RATE FOR CARDIOVASCULAR DISEASES (CVD) ACTING AS A RESTRAINT TO THE ECG MARKET

2.11.3. PRODUCT RECALLS

2.12. MARKET OPPORTUNITIES

2.12.1. USAGE OF MONITORING DEVICES DUE TO INCREASED GERIATRIC POPULATION

2.12.2. ADVANCEMENTS IN IMAGING MODALITIES

3. EUROPE ECG EQUIPMENT MARKET – BY SYSTEM

3.1. PORTABLE ECG SYSTEM

3.2. STATIONARY ECG SYSTEM

4. EUROPE ECG EQUIPMENT MARKET – BY PRODUCT

4.1. DIAGNOSTIC ECG SYSTEM

4.1.1. REST ECG SYSTEM

4.1.2. STRESS ECG SYSTEM

4.1.3. HOLTER ECG SYSTEM

4.2. MONITORING ECG SYSTEM

4.2.1. EVENT MONITORING

4.2.2. CONTINUOUS MONITORING

4.2.3. REMOTE MONITORING

5. EUROPE ECG EQUIPMENT MARKET – BY LEAD TYPE

5.1. SINGLE LEAD

5.2. 3-6 LEAD

5.3. 12-LEAD

6. EUROPE ECG EQUIPMENT MARKET – BY INDUSTRY VERTICALS

6.1. HOSPITAL

6.2. HOME/AMBULATORY CARE

6.3. OTHER INDUSTRY VERTICALS

7. EUROPE ECG EQUIPMENT MARKET – EUROPE

7.1. COUNTRY ANALYSIS

7.1.1. GERMANY

7.1.2. FRANCE

7.1.3. UNITED KINGDOM

7.1.4. ITALY

7.1.5. RUSSIA

7.1.6. SPAIN

7.1.7. REST OF EUROPE

8. COMPANY PROFILES

8.1. BIONET CO LTD

8.2. BIOTELEMETRY INC

8.3. COMPUMED INC

8.4. FUKUDA DENSHI CO LTD

8.5. GE HEALTHCARE

8.6. HILL ROM HOLDINGS INC

8.7. MCKESSON CORPORATION

8.8. MEDIBIOSENSE LTD

8.9. MINDRAY MEDICAL INTERNATIONAL LIMITED

8.10. NIHON KOHDEN CORPORATION

8.11. PHILIPS HEALTHCARE

8.12. SCHILLER AG

8.13. SIEMENS HEALTHINEERS AG

8.14. SPACELABS HEALTHCARE (SUBSIDIARY OF OSI SYSTEMS INC)

8.15. ZOLL MEDICAL CORPORATION (ACQUIRED BY ASAHI KASEI)

9. RESEARCH METHODOLOGY & SCOPE

9.1. RESEARCH SCOPE & DELIVERABLES

9.1.1. OBJECTIVES OF STUDY

9.1.2. SCOPE OF STUDY

9.2. SOURCES OF DATA

9.2.1. PRIMARY DATA SOURCES

9.2.2. SECONDARY DATA SOURCES

9.3. RESEARCH METHODOLOGY

9.3.1. EVALUATION OF PROPOSED MARKET

9.3.2. IDENTIFICATION OF DATA SOURCES

9.3.3. ASSESSMENT OF MARKET DETERMINANTS

9.3.4. DATA COLLECTION

9.3.5. DATA VALIDATION & ANALYSIS

List of Tables

TABLE 1: EUROPE ECG EQUIPMENT MARKET, REGIONAL OUTLOOK, 2021-2028 (IN $ MILLION)

TABLE 2: VENDOR SCORECARD

TABLE 3: CONTRACTS AND PARTNERSHIPS

TABLE 4: BUSINESS EXPANSIONS, ANNOUNCEMENTS & DIVESTITURES

TABLE 5: ACQUISITIONS & MERGERS

TABLE 6: NEW PRODUCT LAUNCHES & DEVELOPMENTS

TABLE 7: TYPES OF CARDIOVASCULAR DISEASES

TABLE 8: EUROPE ECG EQUIPMENT MARKET, BY SYSTEM, 2021-2028 (IN $ MILLION)

TABLE 9: EUROPE ECG EQUIPMENT MARKET, BY PRODUCT, 2021-2028 (IN $ MILLION)

TABLE 10: EUROPE DIAGNOSTIC ECG SYSTEM MARKET, BY TYPE, 2021-2028 (IN $ MILLION)

TABLE 11: EUROPE MONITORING ECG SYSTEM MARKET, BY TYPE, 2021-2028 (IN $ MILLION)

TABLE 12: EUROPE ECG EQUIPMENT MARKET, BY LEAD TYPE, 2021-2028 (IN $ MILLION)

TABLE 13: DESCRIPTION OF VARIOUS SINGLE LEAD PRODUCTS

TABLE 14: DESCRIPTION OF VARIOUS 3-6 LEAD PRODUCTS

TABLE 15: DESCRIPTION OF VARIOUS 12 LEAD PRODUCTS

TABLE 16: EUROPE ECG EQUIPMENT MARKET, BY INDUSTRY VERTICALS, 2021-2028 (IN $ MILLION)

TABLE 17: EUROPE ECG EQUIPMENT MARKET, COUNTRY OUTLOOK, 2021-2028 (IN $ MILLION)

List of Figures

FIGURE 1: EUROPE ECG EQUIPMENT MARKET 2021-2028 (IN $ MILLION)

FIGURE 2: KEY FACTS OF CARDIOVASCULAR DISEASES

FIGURE 3: EUROPE ECG EQUIPMENT MARKET, BY SYSTEM, 2020 & 2028 (IN %)

FIGURE 4: EUROPE ECG EQUIPMENT MARKET, BY PORTABLE ECG SYSTEM, 2021-2028 (IN $ MILLION)

FIGURE 5: EUROPE ECG EQUIPMENT MARKET, BY STATIONARY ECG SYSTEM, 2021-2028 (IN $ MILLION)

FIGURE 6: EUROPE ECG EQUIPMENT MARKET, BY PRODUCT, 2020 & 2028 (IN %)

FIGURE 7: EUROPE ECG EQUIPMENT MARKET, BY DIAGNOSTIC ECG SYSTEM, 2021-2028 (IN $ MILLION)

FIGURE 8: EUROPE DIAGNOSTIC ECG SYSTEM MARKET, BY REST ECG SYSTEM, 2021-2028 (IN $ MILLION)

FIGURE 9: EUROPE DIAGNOSTIC ECG SYSTEM MARKET, BY STRESS ECG SYSTEM, 2021-2028 (IN $ MILLION)

FIGURE 10: EUROPE DIAGNOSTIC ECG SYSTEM MARKET, BY HOLTER ECG SYSTEM, 2021-2028 (IN $ MILLION)

FIGURE 11: EUROPE ECG EQUIPMENT MARKET, BY MONITORING ECG SYSTEM, 2021-2028 (IN $ MILLION)

FIGURE 12: EUROPE MONITORING ECG SYSTEM MARKET, BY EVENT MONITORING, 2021-2028 (IN $ MILLION)

FIGURE 13: EUROPE MONITORING ECG SYSTEM MARKET, BY CONTINUOUS MONITORING, 2021-2028 (IN $ MILLION)

FIGURE 14: EUROPE MONITORING ECG SYSTEM MARKET, BY REMOTE MONITORING, 2021-2028 (IN $ MILLION)

FIGURE 15: EUROPE ECG EQUIPMENT MARKET, BY LEAD TYPE, 2020 & 2028 (IN %)

FIGURE 16: EUROPE ECG EQUIPMENT MARKET, BY SINGLE LEAD, 2021-2028 (IN $ MILLION)

FIGURE 17: EUROPE ECG EQUIPMENT MARKET, BY 3-6 LEAD, 2021-2028 (IN $ MILLION)

FIGURE 18: EUROPE ECG EQUIPMENT MARKET, BY 12-LEAD, 2021-2028 (IN $ MILLION)

FIGURE 19: EUROPE ECG EQUIPMENT MARKET, BY INDUSTRY VERTICALS, 2020 & 2028 (IN %)

FIGURE 20: EUROPE ECG EQUIPMENT MARKET, BY HOSPITAL, 2021-2028 (IN $ MILLION)

FIGURE 21: EUROPE ECG EQUIPMENT MARKET, BY HOME/AMBULATORY CARE, 2021-2028 (IN $ MILLION)

FIGURE 22: EUROPE ECG EQUIPMENT MARKET, BY OTHER INDUSTRY VERTICALS, 2021-2028 (IN $ MILLION)

FIGURE 23: GERMANY ECG EQUIPMENT MARKET 2021-2028 (IN $ MILLION)

FIGURE 24: FRANCE ECG EQUIPMENT MARKET 2021-2028 (IN $ MILLION)

FIGURE 25: UNITED KINGDOM ECG EQUIPMENT MARKET 2021-2028 (IN $ MILLION)

FIGURE 26: ITALY ECG EQUIPMENT MARKET 2021-2028 (IN $ MILLION)

FIGURE 27: RUSSIA ECG EQUIPMENT MARKET 2021-2028 (IN $ MILLION)

FIGURE 28: SPAIN ECG EQUIPMENT MARKET 2021-2028 (IN $ MILLION)

FIGURE 29: REST OF EUROPE ECG EQUIPMENT MARKET 2021-2028 (IN $ MILLION)

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