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ECG Telemetry Device Trends and Forecast
The future of the global ECG telemetry device market looks promising with opportunities in the arrhythmias, myocardial ischemia & infarction, and pacemaker monitoring applications. The global ECG telemetry device market is expected to reach an estimated $8.1 billion by 2030 with a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are growing prevalence of cardiovascular diseases, rising demand for home care monitoring devices, and increasing preference for wireless sensor networking based devices.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
ECG Telemetry Device by Segment
The study includes a forecast for the global ECG telemetry device by product, application, end use, and region.
ECG Telemetry Device Market by Product [Shipment Analysis by Value from 2018 to 2030]:
• Event Monitoring & Mobile Cardiac Telemetry
• Implantable Loop Recorders
• Others
ECG Telemetry Device Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Arrhythmias
• Myocardial Ischemia & Infarction
• Pacemaker Monitoring
• Others
ECG Telemetry Device Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Hospitals
• Home Healthcare
• Others
ECG Telemetry Device Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of ECG Telemetry Device Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies ECG telemetry device companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the ECG telemetry device companies profiled in this report include-
• GE Healthcare
• Nihon Kohden
• Hill-Rom
• Koninklijke Philips
• Spacelabs Healthcare
• Fukuda Denshi
• Schiller
ECG Telemetry Device Market Insights
Lucintel forecasts that implantable loop recorder is expected to witness highest growth over the forecast period.
North America is expected to witness highest growth over the forecast period due to growing incidence of cardiac disease in the population and existence of supportive healthcare reimbursement policies in the region.
Features of the Global ECG Telemetry Device Market
Market Size Estimates: ECG telemetry device market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: ECG telemetry device market size by various segments, such as by product, application, end use, and region in terms of ($B).
Regional Analysis: ECG telemetry device market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different products, applications, end uses, and regions for the ECG telemetry device market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the ECG telemetry device market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the ECG telemetry device market size?
Answer: The global ECG telemetry device market is expected to reach an estimated $8.1 billion by 2030.
Q.2 What is the growth forecast for ECG telemetry device market?
Answer: The global ECG telemetry device market is expected to grow with a CAGR of 5.8% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the ECG telemetry device market?
Answer: The major drivers for this market are growing prevalence of cardiovascular diseases, rising demand for home care monitoring devices, and increasing preference for wireless sensor networking based devices.
Q4. What are the major segments for ECG telemetry device market?
Answer: The future of the ECG telemetry device market looks promising with opportunities in the arrhythmias, myocardial ischemia & infarction, and pacemaker monitoring applications.
Q5. Who are the key ECG telemetry device market companies?
Answer: Some of the key ECG telemetry device companies are as follows:
• GE Healthcare
• Nihon Kohden
• Hill-Rom
• Koninklijke Philips
• Spacelabs Healthcare
• Fukuda Denshi
• SCHILLER
Q6. Which ECG telemetry device market segment will be the largest in future?
Answer: Lucintel forecasts that implantable loop recorder is expected to witness highest growth over the forecast period.
Q7. In ECG telemetry device market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to growing incidence of cardiac disease in the population and existence of supportive healthcare reimbursement policies in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the ECG telemetry device market by product (event monitoring & mobile cardiac telemetry, implantable loop recorders, and others), application (arrhythmias, myocardial ischemia & infarction, pacemaker monitoring, and others), end use (hospitals, home healthcare, and others)and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Ecg Telemetry Device Market, Ecg Telemetry Device Market Size, Ecg Telemetry Device Market Growth, Ecg Telemetry Device Market Analysis, Ecg Telemetry Device Market Report, Ecg Telemetry Device Market Share, Ecg Telemetry Device Market Trends, Ecg Telemetry Device Market Forecast, Ecg Telemetry Device Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global ECG Telemetry Device Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global ECG Telemetry Device Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global ECG Telemetry Device Market by Product
3.3.1: Event Monitoring & Mobile Cardiac Telemetry
3.3.2: Implantable Loop Recorders
3.3.3: Others
3.4: Global ECG Telemetry Device Market by Application
3.4.1: Arrhythmias
3.4.2: Myocardial Ischemia & Infarction
3.4.3: Pacemaker Monitoring
3.4.4: Others
3.5: Global ECG Telemetry Device Market by End Use
3.5.1: Hospitals
3.5.2: Home Healthcare
3.5.3: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global ECG Telemetry Device Market by Region
4.2: North American ECG Telemetry Device Market
4.2.2: North American ECG Telemetry Device Market by Application: Arrhythmias, Myocardial Ischemia & Infarction, Pacemaker Monitoring, and Others
4.3: European ECG Telemetry Device Market
4.3.1: European ECG Telemetry Device Market by Product: Event Monitoring & Mobile Cardiac Telemetry, Implantable Loop Recorders, and Others
4.3.2: European ECG Telemetry Device Market by Application: Arrhythmias, Myocardial Ischemia & Infarction, Pacemaker Monitoring, and Others
4.4: APAC ECG Telemetry Device Market
4.4.1: APAC ECG Telemetry Device Market by Product: Event Monitoring & Mobile Cardiac Telemetry, Implantable Loop Recorders, and Others
4.4.2: APAC ECG Telemetry Device Market by Application: Arrhythmias, Myocardial Ischemia & Infarction, Pacemaker Monitoring, and Others
4.5: ROW ECG Telemetry Device Market
4.5.1: ROW ECG Telemetry Device Market by Product: Event Monitoring & Mobile Cardiac Telemetry, Implantable Loop Recorders, and Others
4.5.2: ROW ECG Telemetry Device Market by Application: Arrhythmias, Myocardial Ischemia & Infarction, Pacemaker Monitoring, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global ECG Telemetry Device Market by Product
6.1.2: Growth Opportunities for the Global ECG Telemetry Device Market by Application
6.1.3: Growth Opportunities for the Global ECG Telemetry Device Market by End Use
6.1.4: Growth Opportunities for the Global ECG Telemetry Device Market by Region
6.2: Emerging Trends in the Global ECG Telemetry Device Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global ECG Telemetry Device Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global ECG Telemetry Device Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: GE Healthcare
7.2: Nihon Kohden
7.3: Hill-Rom
7.4: Koninklijke Philips
7.5: Spacelabs Healthcare
7.6: Fukuda Denshi
7.7: SCHILLER
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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