Last updated on April 16, 2014 at 21:24 EDT

Global ECG Monitoring Systems Market is Expected to Reach USD 822.1 Million in 2016: Transparency Market Research

October 29, 2012

ALBANY, New York, October 29, 2012 /PRNewswire/ –

According to a new market report published by Transparency Market Research
(http://www.transparencymarketresearch.com) “ECG Monitoring Systems Market – Global
Industry Analysis by Type, Size, Share and Forecast, 2011 – 2016
[http://www.transparencymarketresearch.com/ecg-monitoring-systems-market.html ],” the
global ECG monitoring systems market is estimated to reach a market size worth USD 822.1
million in 2016, growing at a CAGR of 7.6% from 2011 to 2016. The total shipment of
overall ECG monitoring systems is expected to grow from 262.1 thousand units in 2011 to
374.8 thousand units in 2016 with a CAGR of 7.4% during the same period. Rest ECG
monitoring systems dominated the overall market both in terms of shipment and revenue in
2011, while stress ECG monitoring systems had highest selling price.

Browse the full report at


It is estimated that cardiovascular diseases are the largest cause of deaths globally
- around 17.3 million people died from cardiovascular diseases (CVD) in 2008. This amounts
to about 32.8% of all deaths. Of these deaths, an estimated 7.3 million were due to
coronary heart disease and 6.2 million were due to stroke. The number of total deaths due
to cardiovascular diseases is expected to rise to 18.3 million in 2012 and 20.5 million by
2020. Low – and middle-income countries are the largest affected with CVDs. An estimated
80% of CVD deaths take place in these low- and middle-income countries. By 2030, almost
23.6 million people will die from CVDs, mainly from heart disease and stroke, projected to
be the single leading causes of death.

The growth in cardiovascular fatalities, increasing number of cardiovascular cases,
growing health consciousness, and increasing per capita healthcare expenditure are some of
the major drivers for the growth of the ECG monitoring systems market
[http://www.transparencymarketresearch.com/ecg-monitoring-systems-market.html ]. In
addition, growing prescription to test ratio is also boosting the market growth. In the
U.S., the total number of holter monitor tests is expected to grow at a CAGR of 8.9% from
2011 to 2016. On the other hand, event monitor tests in the U.S. are expected to grow at
CAGR of 3.1% during the same period.

The U.S. ECG monitoring systems market is the largest in the world with revenue of USD
197.8 million in 2011. The total shipment of ECG monitoring systems in the U.S. is
expected to rise to 94.6 thousand units in 2016. Germany is the second largest market for
ECG monitoring systems with revenue of USD 54.9 million in 2011.

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The global ECG monitoring systems market report provides 10 year data (2007 to 2011
historical trend and 2012 to 2016 forecasts) for the global & 12 country markets (U.S.,
UK, Germany, France, Italy, Spain, Japan, China, India, Australia, Brazil & Canada) for
ECG monitoring systems sales (unit sales and revenue). The report forecasts all the
sub-categories by regional markets. It also identifies and analyzes the market trends,
drivers, inhibitors and opportunities. The key players and their growth strategies have
also been analyzed and explained in the report. The study presents a comprehensive
assessment of the stakeholders’ strategies, winning imperatives on the basis of:


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

Countries Covered


Market Data

        Average Number of Tests Performed per Year
        Market Share of Major Players by Segment

Channel Analysis and ROI Consideration

        Distribution Channels
        Break-even Analysis

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Source: PR Newswire