About ECG Analysis System
ECG analysis system automatically identifies and marks the points of the ECG complex. This system calculates the amplitudes and timing intervals and pastes the results either into the Journal file or Excel. ECG Analysis System helps streamline workflow and increases functionality. The factors such as Increased Number of Diagnostic Centres and Hospitals in Developing Regions and Increase in Healthcare Expenditure are driving the global ECG analysis system market.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global ECG Analysis System market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
GE Healthcare (United States), Change Healthcare (United States), Lynn Medical (Ireland), BIOPAC Systems, Inc. (United States), Contec Medical Systems Co.,Ltd. (China), Norav Medical Ltd. (Germany) and Solaris Medical Technology, Inc. (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global ECG Analysis System market by Type (Single-Channel, Three Channel, Six Channel and Twelve Channel), Application (Hospital, Clinics, Home and Clinic) and Region.
On the basis of geography, the market of ECG Analysis System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Technological Advancements in the Medical Science
Market Growth Drivers:
Increased Number of Diagnostic Centres and Hospitals in Developing Regions and Increase in Healthcare Expenditure
Challenges:
Lack of Skilled Professionals
Restraints:
Technological Complexities Associated with ECG Analysis System
Opportunities:
Growth in the Healthcare Industry Worldwide and Increasing Demand from End-users
Market Leaders and their expansionary development strategies
In November 2021, Royal Philips, a global leader in health technology, has acquired Cardiologs, a France-based medical technology company focused on transforming cardiac diagnostics using artificial intelligence (AI) and cloud technology. Cardiologs will further strengthen Philips’ cardiac monitoring and diagnostics offering with innovative software technology, electrocardiogram (ECG) analysis and reporting services. The acquisition of Cardiologs is a strong fit with Philips’ existing portfolio of cardiac care solutions.
July 11, 2023, AccurKardia, a medical technology company delivering clinical-grade ECG interpretation software, announced that its flagship product, the AccurECG Analysis System (“AccurECG” or the “System”), has been granted FDA 510(k) clearance. AccurECG is a cloud-based, device-agnostic and fully automated electrocardiogram (ECG) interpretation software platform.
Key Target Audience
ECG Analysis System Providers, Emerging Companies, Research Professionals and End-users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.