Top

Global ECG Monitoring System Market (Type, Geography) Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Opportunities, Segmentation, Forecast (2013 - 2020))

Category : Medical Devices
enquire Customize Report

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.

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.

HIGH-LEVEL ANALYSIS
According to Porter’s Five Forces analysis, the bargaining power of suppliers is high as they provide differentiated products in the market and the bargaining power of buyers is moderate due to low switching cost and cost sensitivity. Threat from substitutes is minimal as substitute devices are inferior in performance and quality as compared to branded devices. Competition in the market is intense with the presence of a number of competitors. Threat from new entrants is low as brand names are well-known and profitability requires economies of scale.  SWOT analysis helps in determining the internal and external environmental factors for strategic business planning. An analysis of key players and their strategies helps in developing the market entry and expansion strategy.

KEY BENEFITS

  • In-depth analysis of the global ECG monitoring systems market, which is segmented into type and geography, provides better understanding of the market.
  • Quantitative analysis of the current market scenario as well as the future estimations through 2013-2020 would help stakeholders understand the future prospects of the market.
  • The report analyses the factors that are driving and limiting the growth of the market.
  • Analysis of trends in various regions would help the companies to plan their strategies depending on the geographic region.
  • Analysis of key strategies adopted by market players would assist in providing in-depth understanding of the market intelligence.

KEY DELIVERABLES
Market is segmented based on type and geography.
KEY MARKET SEGMENTS
MARKET BY TYPE

  • Rest ECG Monitoring Systems
  • Stress ECG Monitoring Systems
  • Holter Monitoring Systems
  • Event Monitoring Systems

MARKET BY GEOGRAPHY

  • North America
  • Europe
  • Asia-Pacific
  • LAMEA
The Report is under production. Please fill in the form below to request for a TOC

* Marked Fields are Mandatory
Name * :
Email ID * :
Name of Company :
Country :
Phone No * :
Message :
Security code * :
Can't read the image? click here to refresh
...
Publisher Name : Allied Market Research

SIMILAR MARKET STUDIES

Please Select Format
Single User : US $ 4148
Five User: US $ 5171
Enterprise User: US $ 7219
Data Pack :- US $ 3840

NEED MORE INFORMATION
Contact us
Call us +1-971-202-1575
--- or ---
help@bigmarketresearch.com
WHY BIG MARKET RESEARCH
With high quality and penned to perfection, Big Market Research is an exclusive online market to get best market research reports for your business needs and strategies. We recommend you to stop browsing as soon as you discover our website. This is because we firmly believe that once you reach here; all your business concerns will be addressed.

We have a huge collection of market research report from numerous filed which will provide you with all the necessary solution. We make sure that reports that we sell are true in context, have a quality that is unrivaled, fully integrated with equal spread of opinion. They will give you proper insights into different opportunities one may locate for their start-up pr expansion.

Let your qualms and concern be sidelined through our high end syndicated as well as customized reports.
Top