ECG analysis system market size was valued at USD 6.1 billion in 2021 and is projected to reach around USD 10.0 billion in 2030 exhibiting a CAGR of 6.5% in the forecasted period.
The use of ECG monitoring tools including Holter monitors, stress ECGs, and resting ECGs enables the detection and reporting of irregular heartbeats. The most prevalent health issue, according to the Centers for Disease Control and Prevention, is cardiovascular disease, which will cause 696,962 fatalities in the United States in 2020 due to its high mortality rate. The World Health Organization (WHO) estimates that 17.9 million people die from cardiovascular illnesses each year, making them the top cause of mortality worldwide. Due to the rise in ECG tests performed on those who are at risk for cardiac disorders, this fuels the demand for ECG. Technological developments in ECG devices, rise in demand for ECG services, and other factors all contribute to the expansion of the ECG market share.
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Some of the key players operating in the global ECG analysis system market include:
- General Electric Company
- Change Healthcare
- Lynn Medical
- BIOPAC Systems, Inc.
- Contec Medical Systems Co., Ltd.
- Norav Medical Ltd.
- Solaris Medical Technology, Inc.
- Nihon Kohden Corporation
- BioTelemetry, Inc.
- CompuMed, Inc.
- Schiller AG
- Hill Rom
- Koninklijke Philips N.V.
- Spacelabs Healthcare
- McKesson Corporation
- Drägerwerk AG & Co. KGaA
- Mindray Bio-Medical Electronics Co., Ltd.
- CardioComm Solutions, Inc.
- Device Technologies
- Meditech Equipment Co., Ltd.
- ZOLL Medical Corporation
- Medical ECONET GmbH
- Other players
Segments
By Type
- Single-Channel
- Three Channel
- Six Channel
- Twelve Channel
By End User
- Hospitals
- Clinics and Cardiac Centers
- Ambulatory Surgical Centers
- Other End Users
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