ECG monitors are those medical equipment which recognize and provide information regarding the abnormal working of human heart. Some of the most common types of ECG monitors include ECG stress testing systems, rest ECG recorders, holter monitors and event recorders. Major cause of death across the globe includes several chronic cardiovascular diseases such as heart strokes and coronary heart diseases which are fueling the demand for ECG monitors across the globe. Moreover, in order to avert the prevalence of cardiovascular ailments, ECG monitors are widely employed to identify irregular functioning of heart. ECG monitors also help in maintenance and diagnosis of normal heart functioning.

Market Dynamics

Some of the key aspects fueling the growth of global ECG monitors market include a rapid increase in the number of cardiovascular fatalities across the globe along with the increasing healthcare expenditures in major economies. Moreover, speedy increase in the prevalence of cardiac ailments as well as rising incidences of heart diseases, especially among geriatric population, which further necessitates the demand for nonstop monitoring further drives the market growth. In addition, increasing investments and funding for hospitals in order to enhance patient care coupled with increasing focus of market players on introducing error-free devices are also anticipated to augment the overall growth. However, high costs related to ECG monitors as well as lack of awareness about personal health hampers the market growth.

Market Classification and Overview

The ECG monitors market is segmented into type and geography. On the basis of type, the market is classified into ECG monitoring equipment, holter monitoring systems, stress ECG monitoring systems and event monitoring systems. Based on geography, market is divided into North America, Latin America, Europe, Asia-Pacific and Middle East & Africa.

Report Coverage

Market Participants

Some of the key market players in ECG monitors market include Philips Healthcare, GE Healthcare,  Schiller AG, Nihon Kohden,  OSI Systems, Fukuda Denshi Co Ltd., Opto Circuits,  Medtronic and Johnson and Johnson and among others.

Market Segmentation

Market By Type

·         ECG Monitoring Equipment

·         Holter Monitoring Systems

·         Stress ECG Monitoring Systems

·         Event Monitoring Systems

Market By Geography

·         North America

o   US

o   Canada

o   Mexico

·         Europe

o   UK

o   Germany

o   France

o   Rest of Europe

·         Asia-Pacific

o   China

o   Japan

o   India

o   Australia

o   Rest of Asia-Pacific

·         Latin America

o   Brazil

o   Rest of Latin America

·         Middle East and Africa (MEA)

o   South Africa

o   Saudi Arabia

o   Rest of MEA