A recent report by KD market insights titled as "South Korea ECG Market Size, Trends &
Opportunity Outlook – Forecast to 2025" provides the key
trends, opportunities and challenges market will face in the forecasted period
of 6 years i.e. 2017-2025. The study also provides the South Korea ECG Market. competitors share and region
wise analysis around the globe.
Electrocardiograph (ECG)
devices are used to record the heart activities through electric signals. These
devices are amplified on the ECG monitor. They are essentially adopted across
various medical set-ups to diagnose different types of heart diseases and
arrhythmias in people; thereby, assisting the appropriate therapy for patients
suffering from cardiovascular diseases (CVD). The South Korea ECG
market was valued at $2.99 million in 2017 and is expected to reach
$7.69 million by 2025, registering a CAGR of 12.3% from 2017
to 2025.
The key factors that drive
the market growth include increase in number of CVD patients across South Korea
and rise in demand for monitoring systems and portable cardiac rhythm
management. In addition, surge in the geriatric population and favorable
government regulations regarding the ECG devices supplement the market growth
in South Korea. However, high costs associated with sophisticated ECG devices
and increase in threat of market saturation are the factors anticipated to
restrict the market growth. Conversely, increase in development of wireless
communication and cloud computing is expected to provide lucrative
opportunities for the growth of the market.
The South Korea ECG
market is segmented into product, lead, and end user. Based on
product, the market is divided into resting ECG, stress ECG, and Holter
monitors. The Holter monitors are further bifurcated into wired and wireless
Holter monitors. Based on lead, the market is classified into single lead, 3-6
lead, and 12-lead. Based on end user, it is categorized into hospitals &
clinics, home settings & ambulatory surgical centers (ASCs), and others.
Key Market Benefits for
ECG market:
- The study provides an
in-depth analysis of the ECG devices and instruments, with current trends and
future estimations to elucidate the imminent investment pockets.
- A quantitative analysis from 2017 to 2025 is discussed to enable the stakeholders to capitalize on the prevailing market opportunities.
- Key players are profiled and their strategies are analyzed thoroughly to understand the competitive outlook of the market.
- Porter’s five forces model is expected to interpret the bargaining power of suppliers & buyers, threat of new entrants & substitutes, and competition among the key players.
- A quantitative analysis from 2017 to 2025 is discussed to enable the stakeholders to capitalize on the prevailing market opportunities.
- Key players are profiled and their strategies are analyzed thoroughly to understand the competitive outlook of the market.
- Porter’s five forces model is expected to interpret the bargaining power of suppliers & buyers, threat of new entrants & substitutes, and competition among the key players.
ECG Key Market
Segments:
By Product
- Resting ECGs
- Stress ECGs
- Holter Monitors
- Wired Holter Monitors
- Wireless Holter Monitors
- Stress ECGs
- Holter Monitors
- Wired Holter Monitors
- Wireless Holter Monitors
By Lead
- Single Lead
- 3-6 Lead
- 12 Lead
- 3-6 Lead
- 12 Lead
By End User
- Hospitals & Clinics
- Home settings and Ambulatory surgical centers
- Others
- Home settings and Ambulatory surgical centers
- Others
The list of key players
operating in this market includes:
- GE Healthcare (General
Electric Company)
- Bionet Co., Ltd.
- Hill Rom Holdings, Inc.
- Koninklijke Philips N.V.
- Mediana Co., Ltd.
- Medtronic Plc.
- Mindray Medical International Limited
- Nihon Kohden Corporation
- OSI Systems Inc.
- Schiller AG
- CardioComm Solutions, Inc.
- AlivCor, Inc.
- Qardio, Inc.
- Omron Healthcare Europe B.V
- Beijing Choice Electronic Technology Co., Ltd. (ChoiceMMed)
- Bionet Co., Ltd.
- Hill Rom Holdings, Inc.
- Koninklijke Philips N.V.
- Mediana Co., Ltd.
- Medtronic Plc.
- Mindray Medical International Limited
- Nihon Kohden Corporation
- OSI Systems Inc.
- Schiller AG
- CardioComm Solutions, Inc.
- AlivCor, Inc.
- Qardio, Inc.
- Omron Healthcare Europe B.V
- Beijing Choice Electronic Technology Co., Ltd. (ChoiceMMed)
The other players
included in the value chain analysis (and not included in the report) include:
- Trismed Co., Ltd
- Johnson & Johnson
- Midmark Corporation
- Fukuda Denshi Co., Ltd
- Johnson & Johnson
- Midmark Corporation
- Fukuda Denshi Co., Ltd
Get Complete Research Report
with TOC @: https://www.kdmarketinsights.com/product/south-korea-ecg-market-amr
Table Of Content:
CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key benefits for
stakeholders
1.3. Key market segments
1.4. Research methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools &
models
CHAPTER 2: EXECUTIVE
SUMMARY
2.1. CXO perspective
CHAPTER 3: MARKET
OVERVIEW
3.1. Market definition and
scope
3.2. Key findings
3.2.1. Top investment
pockets
3.3. Top player
positioning, 2017
3.4. Porters five forces
analysis
3.5. Market dynamics
3.5.1. Drivers
3.5.1.1. Rise in geriatric
population in South Korea
3.5.1.2. Favorable
government regulations
3.5.1.3. Technological
advancements and portability of ECG devices
3.5.2. Restraints
3.5.2.1. High cost
associated with ECG devices
3.5.2.2. Unfavorable
economic conditions and market saturation
3.5.3. Opportunity
3.5.3.1. Increase in
development of wireless communications and cloud computing
3.6. OTC ECG Devices
Market
3.6.1. Overview
3.6.2. Market size and
forecast
CHAPTER 4: SOUTH KOREA
ELECTROCARDIOGRAPH (ECG) MARKET, BY PRODUCT
4.1. Overview
4.1.1. Market Size and
Forecast
4.2. Resting ECG
4.2.1. Key market trends
and growth opportunities
4.2.2. Market Size &
Forecast
4.3. Stress ECG
4.3.1. Key market trends
and growth opportunities
4.3.2. Market Size &
Forecast
4.4. Holter Monitors
4.4.1. Key market trends
and growth opportunities
4.4.2. Market Size and
Forecast, by Product Type
4.4.3. Market Size &
Forecast
4.4.3.1. Wired Holter
monitors
4.4.3.1.1. Market size
& forecast
4.4.3.2. Wireless Holter
monitors
4.4.3.2.1. Market size
& forecast
CHAPTER 5: SOUTH KOREA
ELECTROCARDIOGRAPH (ECG) MARKET, BY LEAD
5.1. Overview
5.1.1. Market Size and
Forecast
5.2. Single Lead ECG
5.2.1. Market Size &
Forecast
5.3. 3-6 Lead ECG
5.3.1. Market Size &
Forecast
5.4. 12-Lead ECG
5.4.1. Market Size &
Forecast
CHAPTER 6: SOUTH KOREA
ELECTROCARDIOGRAPH (ECG) MARKET, BY END USER
6.1. Overview
6.1.1. Market size and
forecast
6.2. Hospitals &
Clinics
6.2.1. Market Size &
Forecast
6.3. Home Settings &
Ambulatory Surgical Centers (ASCs)
6.3.1. Market Size &
Forecast
6.4. Others
6.4.1. Market Size &
Forecast
Continue:
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