Asia-pacific Ecg Equipment Market Forecast 2021-2028

Asia-pacific Ecg Equipment Market Forecast 2021-2028


The Asia-Pacific ECG equipment market is predicted to project a CAGR of 6.68% during the forecast period, 2021-2028. The region has an increasing prevalence of cardiac disorders and many healthcare reforms, which facilitates market growth.


Indonesia, Thailand, India, Vietnam, Australia & New Zealand, Japan, South Korea, China, and Rest of Asia-Pacific, are evaluated for the Asia-Pacific ECG equipment market growth assessment. In Japan, the prevalence of cardiovascular risk factors like diabetes, high cholesterol, and hypertension is on the rise, as per a Journal of the American College of Cardiology article. This has led to the growing usage of ECG devices in clinics and hospitals. Also, the country is considered a major market for MedTech companies. In addition, the health plan is regulated by the government to make the monthly premium affordable. Further, there have been educational programs and campaigns to increase awareness about CVDs. Such factors, along with developed healthcare infrastructure, propel market growth in Japan.

South Korea has a growing prevalence of obesity. Obesity increases the risk of diabetes and cardiovascular diseases. As a result, there has been a rise in the number of CVD patients. This has further increased the adoption of monitoring and portable cardiac rhythm management. Additionally, the fast-paced development of wireless communication and cloud computing drives the market growth. Moreover, the surging elderly population boosts the usage of resting ECG devices. Therefore, the increased adoption of advanced ECG devices, the growing geriatric population, and the rising awareness are among the major growth drivers in South Korea.


Some of the prominent companies in the market include Bionet Co Ltd, Philips Healthcare, Nihon Kohden Corporation, Mindray Medical International Limited, Siemens Healthineers AG, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

1. Research Scope & Methodology
1.1. Study Objectives
1.2. Scope Of Study
1.3. Methodology
1.4. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
3. Market Dynamics
3.1. Key Drivers
3.1.1. Changing Lifestyle Leading To Cardiovascular Diseases
3.1.2. Increasing Usage Of Monitoring Devices Due To Rising Geriatric Population
3.1.3. Growing Healthcare Spending
3.1.4. Supportive Regulatory Environment
3.2. Key Restraints
3.2.1. Intense Competition Among Vendors
3.2.2. Complex Reimbursement Policies Regarding Cardiovascular Diseases (Cvd)
3.2.3. Product Recalls
4. Key Analytics
4.1. Impact Of Covid-19 On Ecg Equipment Market
4.2. Key Market Trends
4.3. Porter’s Five Forces Analysis
4.3.1. Buyers Power
4.3.2. Suppliers Power
4.3.3. Substitution
4.3.4. New Entrants
4.3.5. Industry Rivalry
4.4. Value Chain Analysis
4.5. Key Buying Criteria
4.6. Opportunity Matrix
4.7. Vendor Landscape
5. Market By Lead Type
5.1. Single Lead
5.2. 3-6 Lead
5.3. 12-lead
6. Market By Product
6.1. Diagnostic Ecg System
6.1.1. Rest Ecg System
6.1.2. Stress Ecg System
6.1.3. Holter Ecg System
6.2. Monitoring Ecg System
6.2.1. Event Monitoring
6.2.2. Continuous Monitoring
6.2.3. Remote Monitoring
7. Market By System
7.1. Portable Ecg System
7.2. Stationary Ecg System
8. Market By End-user
8.1. Hospital
8.2. Home/Ambulatory Care
8.3. Other End-users
9. Geographical Analysis
9.1. Asia-pacific
9.1.1. Market Size & Estimates
9.1.2. Key Growth Enablers
9.1.3. Key Challenges
9.1.4. Key Players
9.1.5. Country Analysis China Japan India Australia & New Zealand South Korea Indonesia Thailand Vietnam Rest Of Asia-pacific
10. Competitive Landscape
10.1. Key Strategic Developments
10.1.1. Mergers & Acquisitions
10.1.2. Product Launches & Developments
10.1.3. Partnerships & Agreements
10.1.4. Business Expansions, Announcements, And Divestitures
10.2. Company Profiles
10.2.1. Bionet Co Ltd
10.2.2. Biotelemetry Inc
10.2.3. Compumed Inc
10.2.4. Ge Healthcare
10.2.5. Hill Rom Holdings Inc
10.2.6. Mckesson Corporation
10.2.7. Mindray Medical International Limited
10.2.8. Nihon Kohden Corporation
10.2.9. Philips Healthcare
10.2.10. Schiller Ag
10.2.11. Siemens Healthineers Ag
10.2.12. Spacelabs Healthcare (Subsidiary Of Osi Systems Inc)
10.2.13. Welch Allyn Inc (Acquired By Hill-rom)
10.2.14. Zoll Medical Corporation (Acquired By Asahi Kasei)

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