ECG Stress Test Market - By Product Type (Exercise Testing Systems, Stress Blood Pressure Monitors, Stress ECG, Pulse Oximeters), By End-use (Hospitals, Diagnostic Centers, Ambulatory Surgical Centers), & Forecast, 2023

Description

List of Tables

Global ECG Stress Test Market size will expand substantially through 2032. Growing geriatric population and the higher susceptibility of aging people to cardiovascular diseases such as stroke, cardiac arrest, and others have increased the need for ECG stress tests. As per the WHO, 1 in every 6 people across the globe will be 60 years and above by 2030.

Industry contenders in this field are emphasizing mergers and acquisition strategies to extend their footprint. For instance, in July 2022, Becton Dickinson and Co., an American multinational medical technology company, completed the acquisition of Parata Systems, a leader in the pharmacy automation portfolio space. This acquisition will help the company deliver smart and connected care technologies.

The overall ECG stress test market is classified based on product, end-use, and region.

In terms of product, stress blood pressure monitors market value will amass substantial gains through 2032. High accuracy of these monitors has increased their adoption. Moreover, the rising prevalence of cardiovascular disorders globally has further increased the need for these monitors. As per the CDC, stroke is diagnosed in over 795,000 people every year in the U.S. alone. Stress blood pressure monitors have undergone several upgrades and now boast advanced features.

For individuals with hypertension or other cardiovascular conditions, stress blood pressure monitors help evaluate the effectiveness of medication or lifestyle interventions. It helps determine the presence of conditions such as hypertension, hypotension, or irregular blood pressure fluctuations.

With respect to end-use, the ECG stress test market size from the ambulatory surgical centers segment will expand notably through 2032. High availability of cost-effective treatment solutions in these facilities for cardiovascular disorders is contributing to segment expansion. These facilities are designed for outpatient procedures, implying they can provide faster and more efficient services than hospitals. They are also equipped with cutting-edge tools for accurate disease diagnosis.

On the regional front, the Asia Pacific ECG stress test market share will grow at a significant CAGR from 2023 to 2032. High incidence rate of cardiovascular disorders has increased the demand for ECG stress tests in the region. Moreover, favorable government support towards the healthcare sector, in line with a rapidly aging population, is further positively affecting the regional outlook. Governments across several regional economies are also investing significantly in the medical device sector, which may help carve a healthy growth trajectory for the regional industry.

Product Code: 5705

Chapter 1 Methodology

1.1 Industry coverage
1.2 Market scope & definitions
1.3 Base estimates & working
- 1.3.1 Data collection
1.4 Forecast parameters
1.5 COVID-19 impact at global level
1.6 Data validation
1.7 Data sources
- 1.7.1 Primary
- 1.7.2 Secondary
  - 1.7.2.1 Paid sources
  - 1.7.2.2 Unpaid sources

Chapter 2 Executive Summary

2.1 ECG stress test industry 360 degree synopsis, 2018 - 2032
- 2.1.1 Business trends
- 2.1.2 Regional trends
- 2.1.3 Product type trends
- 2.1.4 End-use trends

Chapter 3 ECG Stress Test Industry Insights

3.1 Industry ecosystem analysis
3.2 Industry impact forces
- 3.2.1 Growth drivers
  - 3.2.1.1 Increase in prevalence of cardiovascular disorders
  - 3.2.1.2 Rising awareness for benefits associated with early diagnosis of heart diseases
  - 3.2.1.3 Increasing elderly and obese patient population
  - 3.2.1.4 Surge in number of tests performed by sporting athletes
- 3.2.2 Industry pitfalls & challenges
  - 3.2.2.1 High cost of ECG stress testing systems
3.3 Growth potential analysis
- 3.3.1 By product type
- 3.3.2 By end-use
3.4 COVID-19 impact analysis
3.5 Regulatory landscape
3.6 Reimbursement scenario
3.7 Technology landscape
3.8 Stress test - Conceptual overview
3.9 Porter's analysis
3.10 PESTEL analysis

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Company matrix analysis, 2022
4.3 Competitive positioning matrix
4.4 Vendor matrix analysis
4.5 Strategy dashboard, 2022

Chapter 5 ECG Stress Test Market Size and Forecast, By Product Type (USD Million)

5.1 Key product type trends
5.2 Exercise testing systems
5.3 Stress blood pressure monitors
5.4 Stress ECG
5.5 Pulse oximeters

Chapter 6 ECG Stress Test Market Size and Forecast, By End-use (USD Million)

6.1 Key end-use trends
6.2 Hospitals
6.3 Diagnostic Centers
6.4 Ambulatory Surgical Centers
6.5 Others

Chapter 7 ECG Stress Test Market Size and Forecast, By Region (USD Million)

7.1 Key regional trends
7.2 North America
- 7.2.1 U.S.
- 7.2.2 Canada
7.3 Europe
- 7.3.1 Germany
- 7.3.2 UK
- 7.3.3 France
- 7.3.4 Spain
- 7.3.5 Italy
- 7.3.6 Poland
- 7.3.7 Sweden
- 7.3.8 The Netherlands
7.4 Asia Pacific
- 7.4.1 China
- 7.4.2 Japan
- 7.4.3 India
- 7.4.4 Australia
- 7.4.5 South Korea
- 7.4.6 Indonesia
- 7.4.7 Philippines
- 7.4.8 Vietnam
7.5 Latin America
- 7.5.1 Brazil
- 7.5.2 Mexico
- 7.5.3 Argentina
- 7.5.4 Columbia
- 7.5.5 Chile
- 7.5.6 Peru
7.6 MEA
- 7.6.1 South Africa
- 7.6.2 Saudi Arabia
- 7.6.3 UAE
- 7.6.4 Turkey
- 7.6.5 Israel
- 7.6.6 Iran

Chapter 8 Company Profiles

8.1 Koninklijke Philips NV
8.2 Becton Dickinson and Co.
8.3 Biosensors International Group Ltd.
8.4 Cardinal Health Inc.
8.5 COSMED Srl
8.6 Fukuda Denshi Co. Ltd.
8.7 General Electric Co.
8.8 Halma Plc
8.9 Hill Rom Holdings Inc.
8.10 MGC Diagnostics Corp.
8.11 Neurosoft
8.12 Nihon Kohden Corp.
8.13 Nonin Medical Inc.
8.14 OSI Systems Inc.
8.15 SCHILLER AG
8.16 Siemens Healthineers AG
8.17 Vyaire Medical Inc.