QYResearch: In 2016, global revenue of diagnostic electrocardiograph (ECG) is nearly 4.3 billion USD

QYResearch

Diagnostic Electrocardiograph (ECG) is the process of recording the electrical activity of the heart over a period of time using electrodes placed on the skin. These electrodes detect the tiny electrical changes on the skin that arise from the heart muscle's electrophysiologic pattern of depolarizing and repolarizing during each heartbeat. It is a very commonly performed cardiology test.

In the last several years, global market of diagnostic electrocardiograph (ECG) developed rapidly, with an average growth rate of 6%. In 2016, global revenue of diagnostic electrocardiograph (ECG) is nearly 4.3 billion USD; the actual production is about 3400 K units.

According to QYResearch, The global average price of diagnostic electrocardiograph (ECG) is in the decreasing trend, from 1388 USD/Unit in 2012 to 1276 USD/Unit in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years.

The classification of diagnostic electrocardiograph (ECG) includes resting ECG, stress ECG, holter ECG, and the proportion of resting ECG in 2016 is about 65%, and the proportion is in decreasing trend from 2012 to 2016.

Diagnostic electrocardiograph (ECG) is widely used in hospitals, clinics and other field. The most proportion of diagnostic electrocardiograph (ECG) is hospitals, and the consumption proportion is about 72% in 2016.

North America region is the largest supplier of diagnostic electrocardiograph (ECG), with a production market share nearly 35% in 2016. Europe is the second largest supplier of diagnostic electrocardiograph (ECG), enjoying production market share nearly 26% in 2016.

North America is the largest consumption place, with a consumption market share nearly 32% in 2016. Following North America, Europe is the second largest consumption place with the consumption market share of 24%.

Market competition is intense. GE Healthcare, Philips, BioTelemetry, Suzuken, Fukuda Denshi, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry. 

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