Please Wait.....
Report
China ECG Equipment Market Forecast 2023-2030
Market Report I 2023-06-16 I 149 Pages I Inkwood Research
KEY FINDINGS
The China ECG equipment market is forecasted to grow with a CAGR of 6.38% during the projection period of 2023-2030. The market's growth is facilitated by the increasing incidence of cardiovascular diseases (CVDs), the rapidly-aging population, and the efforts established by healthcare providers and the government to enhance the quality of care.
MARKET INSIGHTS
China, known for having the largest population worldwide, is also experiencing a rapid increase in its aging population. According to the World Health Organization (WHO), in 2019, there were 254 million individuals aged 60 and above in China, with 176 million of them being 65 years or older. It is projected that by 2040, around 28% of China's total population, or approximately 402 million people, will be over the age of 60. This demographic shift towards an aging population has led to a surge in the prevalence of heart conditions, thereby driving the demand for ECG equipment.
In addition, the medical device sector in China is witnessing a substantial rise in demand for advanced imported medical devices capable of effectively detecting and addressing health concerns. Hospitals, healthcare providers, and the Chinese government are also aiming to enhance the quality of care in the country, thereby driving the need for ECG equipment in the coming years. Consequently, these factors are expected to fuel market growth in China during the forecast period.
COMPETITIVE INSIGHTS
Leading players operating in the market include Lepu Medical Technology, Contec Medical Systems Co Ltd, Guangdong Biolight Meditech Co Ltd, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation caters to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
TABLE OF CONTENTS
1. RESEARCH SCOPE & METHODOLOGY
1.1. STUDY OBJECTIVES
1.2. METHODOLOGY
1.3. ASSUMPTIONS & LIMITATIONS
2. EXECUTIVE SUMMARY
2.1. MARKET SIZE & ESTIMATES
2.2. MARKET OVERVIEW
2.3. SCOPE OF STUDY
2.4. CRISIS SCENARIO ANALYSIS
3. MARKET DYNAMICS
3.1. KEY DRIVERS
3.1.1. PREVALENCE OF CARDIOVASCULAR DISEASES
3.1.2. INCREASING USAGE OF MONITORING DEVICES DUE TO RISING GERIATRIC POPULATION
3.1.3. GROWING HEALTHCARE SPENDING
3.2. KEY RESTRAINTS
3.2.1. INTENSE COMPETITION AMONG VENDORS
3.2.2. COMPLEX REIMBURSEMENT POLICIES REGARDING CARDIOVASCULAR DISEASES (CVD)
4. KEY ANALYTICS
4.1. KEY MARKET TRENDS
4.2. PESTLE ANALYSIS
4.2.1. POLITICAL
4.2.2. ECONOMICAL
4.2.3. SOCIAL
4.2.4. TECHNOLOGICAL
4.2.5. LEGAL
4.2.6. ENVIRONMENTAL
4.3. PORTER'S FIVE FORCES ANALYSIS
4.3.1. BUYERS POWER
4.3.2. SUPPLIERS POWER
4.3.3. SUBSTITUTION
4.3.4. NEW ENTRANTS
4.3.5. INDUSTRY RIVALRY
4.4. VALUE CHAIN ANALYSIS
4.5. KEY BUYING CRITERIA
4.6. REGULATORY FRAMEWORK
5. MARKET BY LEAD TYPE
5.1. SINGLE LEAD
5.2. 3-6 LEAD
5.3. 12-LEAD
6. MARKET BY PRODUCT
6.1. DIAGNOSTIC ECG SYSTEM
6.1.1. REST ECG SYSTEM
6.1.2. STRESS ECG SYSTEM
6.1.3. HOLTER ECG SYSTEM
6.2. MONITORING ECG SYSTEM
6.2.1. EVENT MONITORING
6.2.2. CONTINUOUS MONITORING
6.2.3. REMOTE MONITORING
7. MARKET BY SYSTEM
7.1. STATIONARY ECG SYSTEM
7.2. PORTABLE ECG SYSTEM
7.2.1. APPLICATIONS OF PORTABLE ECG SYSTEMS IN DIGITAL AND TELEHEALTH MARKET
7.2.1.1. CASE STUDY- 1: DEVELOPMENT OF PORTABLE ECG DEVICES
7.2.1.2. CASE STUDY- 2: TELECARDIOLOGY
7.2.1.3. CASE STUDY- 3: USE OF WEARABLE DEVICES FOR AMBULATORY MONITORING
7.2.2. HANDHELD ECG SYSTEM
7.2.3. WEARABLE ECG SYSTEM
7.2.4. PEN ECG SYSTEM
7.2.5. OTHER PORTABLE ECG SYSTEMS
8. MARKET BY END-USER
8.1. HOSPITALS & CLINICS
8.2. HOME/AMBULATORY CARE
8.3. OTHER END-USERS
9. COMPETITIVE LANDSCAPE
9.1. KEY STRATEGIC DEVELOPMENTS
9.1.1. MERGERS & ACQUISITIONS
9.1.2. PRODUCT LAUNCHES & DEVELOPMENTS
9.1.3. PARTNERSHIPS & AGREEMENTS
9.1.4. BUSINESS EXPANSIONS & DIVESTITURES
9.2. COMPANY PROFILES
9.2.1. CONTEC MEDICAL SYSTEMS CO LTD
9.2.2. GUANGDONG BIOLIGHT MEDITECH CO LTD
9.2.3. LEPU MEDICAL TECHNOLOGY
9.2.4. MEDITECH EQUIPMENT CO LTD
9.2.5. MINDRAY MEDICAL INTERNATIONAL LIMITED
9.2.6. WUHAN DARPPON MEDICAL TECHNOLOGY CO LTD
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT - ECG EQUIPMENT
TABLE 2: TYPES OF CARDIOVASCULAR DISEASES
TABLE 3: REGULATORY FRAMEWORK
TABLE 4: CHINA ECG EQUIPMENT MARKET, BY LEAD TYPE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 5: CHINA ECG EQUIPMENT MARKET, BY LEAD TYPE, FORECAST YEARS, 2023-2030 (IN $ MILLION)
TABLE 6: CHINA ECG EQUIPMENT MARKET, BY PRODUCT, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 7: CHINA ECG EQUIPMENT MARKET, BY PRODUCT, FORECAST YEARS, 2023-2030 (IN $ MILLION)
TABLE 8: CHINA ECG EQUIPMENT MARKET, BY DIAGNOSTIC ECG SYSTEM, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 9: CHINA ECG EQUIPMENT MARKET, BY DIAGNOSTIC ECG SYSTEM, FORECAST YEARS, 2023-2030 (IN $ MILLION)
TABLE 10: CHINA ECG EQUIPMENT MARKET, BY MONITORING ECG SYSTEM, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 11: CHINA ECG EQUIPMENT MARKET, BY MONITORING ECG SYSTEM, FORECAST YEARS, 2023-2030 (IN $ MILLION)
TABLE 12: CHINA ECG EQUIPMENT MARKET, BY SYSTEM, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 13: CHINA ECG EQUIPMENT MARKET, BY SYSTEM, FORECAST YEARS, 2023-2030 (IN $ MILLION)
TABLE 14: CHINA ECG EQUIPMENT MARKET, BY PORTABLE ECG SYSTEM, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 15: CHINA ECG EQUIPMENT MARKET, BY PORTABLE ECG SYSTEM, FORECAST YEARS, 2023-2030 (IN $ MILLION)
TABLE 16: PROS AND CONS OF COMMERCIALLY AVAILABLE PORTABLE ECG DEVICES
TABLE 17: CHINA ECG EQUIPMENT MARKET, BY END-USER, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 18: CHINA ECG EQUIPMENT MARKET, BY END-USER, FORECAST YEARS, 2023-2030 (IN $ MILLION)
TABLE 19: LIST OF MERGERS & ACQUISITIONS
TABLE 20: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 21: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 22: LIST OF BUSINESS EXPANSIONS & DIVESTITURES
LIST OF FIGURES
FIGURE 1: KEY FACTS ABOUT CARDIOVASCULAR DISEASES
FIGURE 2: KEY MARKET TRENDS
FIGURE 3: PORTER'S FIVE FORCES ANALYSIS
FIGURE 4: VALUE CHAIN ANALYSIS
FIGURE 5: KEY BUYING CRITERIA
FIGURE 6: CHINA ECG EQUIPMENT MARKET, GROWTH POTENTIAL, BY LEAD TYPE, IN 2022
FIGURE 7: CHINA ECG EQUIPMENT MARKET, BY SINGLE LEAD, 2023-2030 (IN $ MILLION)
FIGURE 8: CHINA ECG EQUIPMENT MARKET, BY 3-6 LEAD, 2023-2030 (IN $ MILLION)
FIGURE 9: CHINA ECG EQUIPMENT MARKET, BY 12-LEAD, 2023-2030 (IN $ MILLION)
FIGURE 10: CHINA ECG EQUIPMENT MARKET, GROWTH POTENTIAL, BY PRODUCT, IN 2022
FIGURE 11: CHINA ECG EQUIPMENT MARKET, BY DIAGNOSTIC ECG SYSTEM, 2023-2030 (IN $ MILLION)
FIGURE 12: CHINA ECG EQUIPMENT MARKET, GROWTH POTENTIAL, BY DIAGNOSTIC ECG SYSTEM, IN 2022
FIGURE 13: CHINA ECG EQUIPMENT MARKET, BY REST ECG SYSTEM, 2023-2030 (IN $ MILLION)
FIGURE 14: CHINA ECG EQUIPMENT MARKET, BY STRESS ECG SYSTEM, 2023-2030 (IN $ MILLION)
FIGURE 15: CHINA ECG EQUIPMENT MARKET, BY HOLTER ECG SYSTEM, 2023-2030 (IN $ MILLION)
FIGURE 16: CHINA ECG EQUIPMENT MARKET, BY MONITORING ECG SYSTEM, 2023-2030 (IN $ MILLION)
FIGURE 17: CHINA ECG EQUIPMENT MARKET, GROWTH POTENTIAL, BY MONITORING ECG SYSTEM, IN 2022
FIGURE 18: CHINA ECG EQUIPMENT MARKET, BY EVENT MONITORING, 2023-2030 (IN $ MILLION)
FIGURE 19: CHINA ECG EQUIPMENT MARKET, BY CONTINUOUS MONITORING, 2023-2030 (IN $ MILLION)
FIGURE 20: CHINA ECG EQUIPMENT MARKET, BY REMOTE MONITORING, 2023-2030 (IN $ MILLION)
FIGURE 21: CHINA ECG EQUIPMENT MARKET, GROWTH POTENTIAL, BY SYSTEM, IN 2022
FIGURE 22: CHINA ECG EQUIPMENT MARKET, BY STATIONARY ECG SYSTEM, 2023-2030 (IN $ MILLION)
FIGURE 23: CHINA ECG EQUIPMENT MARKET, BY PORTABLE ECG SYSTEM, 2023-2030 (IN $ MILLION)
FIGURE 24: CHINA ECG EQUIPMENT MARKET, GROWTH POTENTIAL, BY PORTABLE ECG SYSTEM, IN 2022
FIGURE 25: USE CASES OF WEARABLE MONITORING DEVICES
FIGURE 26: CHINA ECG EQUIPMENT MARKET, BY HANDHELD ECG SYSTEM, 2023-2030 (IN $ MILLION)
FIGURE 27: CHINA ECG EQUIPMENT MARKET, BY WEARABLE ECG SYSTEM, 2023-2030 (IN $ MILLION)
FIGURE 28: CHINA ECG EQUIPMENT MARKET, BY PEN ECG SYSTEM, 2023-2030 (IN $ MILLION)
FIGURE 29: CHINA ECG EQUIPMENT MARKET, BY OTHER PORTABLE ECG SYSTEMS, 2023-2030 (IN $ MILLION)
FIGURE 30: CHINA ECG EQUIPMENT MARKET, GROWTH POTENTIAL, BY END-USER, IN 2022
FIGURE 31: CHINA ECG EQUIPMENT MARKET, BY HOSPITALS & CLINICS, 2023-2030 (IN $ MILLION)
FIGURE 32: CHINA ECG EQUIPMENT MARKET, BY HOME/AMBULATORY CARE, 2023-2030 (IN $ MILLION)
FIGURE 33: CHINA ECG EQUIPMENT MARKET, BY OTHER END-USERS, 2023-2030 (IN $ MILLION)
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security