Cardiopulmonary stress testing systems market size to increase by USD 2.10324 billion; North America to account for 36% of market growth - Technavio

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Feb 09, 2023, 21:01 ET

NEW YORK, Feb. 9, 2023 /PRNewswire/ -- The Cardiopulmonary Stress Testing Systems Market by Product, End-user, and Geography - Forecast and Analysis 2023-2027 report has been published by Technavio. Market size is forecast to grow by USD 2.10324 billion between 2022 and 2027 at a CAGR of 6.92%. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. The report includes historic market data from 2017 to 2021. In 2017, the cardiopulmonary stress testing systems market was valued at USD 4154.41 million. Download A PDF Sample Report

Technavio has announced its latest market research report titled Global Cardiopulmonary Stress Testing Systems Market 2023-2027

Regional analysis

By region, the global cardiopulmonary stress testing systems market is segmented into North America, Europe, Asia, and Rest of World (ROW). North America will account for 36% of market growth during the forecast period. Factors such as the high prevalence of CVDs in this region, coupled with the presence of skilled physicians to conduct advanced diagnostic procedures are driving the growth of the cardiopulmonary stress testing systems market in North America. Buy the report

Company profiles

The cardiopulmonary stress testing systems market report includes information on the key products and recent developments of leading vendors, including:

Biosensors International Group Ltd. - The company under this segment offers pioneering technology and proprietary technology. The key offerings of the company include various cardiopulmonary stress testing systems.

Cardinal Health Inc. - The company offers various Cardiopulmonary Stress Testing System called Cardiology Electrodes and Recording Chart papers.

COSMED Srl - The company offers various Cardiopulmonary Stress Testing System such as Metabolic breath by breath, Metabolic CPET mixing chamber, and Metabolic REE with mask.

Market dynamics

The market is driven by factors such as the increasing number of heart specialty centers, rising incidence of cardiac diseases, and growth of insurance providers will be crucial in driving the growth of the market. However, the high cost of stress testing devices is hindering the market growth.

Competitive analysis

The competitive scenario provided in the cardiopulmonary stress testing systems market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Request a Sample

Market segmentation

By product, the market is segmented into CPET systems, stress ECG, spect systems, stress blood pressure monitors, and pulse oximeters. The CPET systems segment accounted for the largest share of the market in 2022.
By geography, the market is segmented as North America, Europe, Asia, and Rest of World (ROW). North America held the largest share of the market in 2022.

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What are the key data covered in this cardiopulmonary stress testing systems market report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the cardiopulmonary stress testing systems market between 2023 and 2027
Precise estimation of the cardiopulmonary stress testing systems market size and its contribution to the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the industry across North America, Europe, Asia, and Rest of World (ROW)
A thorough analysis of the market's competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of cardiopulmonary stress testing systems market vendors

Cardiopulmonary Stress Testing Systems Market Scope
Report Coverage	Details
Page number	176
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 6.92%
Market growth 2023-2027	USD 2103.24 million
Market structure	Fragmented
YoY growth 2022-2023 (%)	6.12
Regional analysis	North America, Europe, Asia, and Rest of World (ROW)
Performing market contribution	North America at 36%
Key countries	US, Germany, France, UK, and Japan
Competitive landscape	Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled	Becton Dickinson and Co., Biosensors International Group Ltd., Cardinal Health Inc., COSMED Srl, Fukuda Denshi Co. Ltd., General Electric Co., Halma Plc, Hill Rom Holdings Inc., Koninklijke Philips NV, MGC Diagnostics Corp., Nasiff Associates Inc., Neurosoft, Nihon Kohden Corp., Nonin Medical Inc., OSI Systems Inc., SCHILLER AG, Siemens Healthineers AG, SunTech Medical Inc., Thermo Fisher Scientific Inc., and Vyaire Medical Inc.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents:

1 Executive Summary

1.1 Market Overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
Exhibit 07: Executive Summary – Chart on Incremental Growth
Exhibit 08: Executive Summary – Data Table on Incremental Growth
Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 13: Market segments

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027

Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global cardiopulmonary stress testing systems market 2017 - 2021

Exhibit 18: Historic Market Size – Data Table on Global cardiopulmonary stress testing systems market 2017 - 2021 ($ million)

4.2 Product Segment Analysis 2017 - 2021

Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)

4.3 End-user Segment Analysis 2017 - 2021

Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ million)

4.4 Geography Segment Analysis 2017 - 2021

Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

4.5 Country Segment Analysis 2017 - 2021

Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary

Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

5.2 Bargaining power of buyers

Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers

Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants

Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes

Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry

Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition

Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

6.1 Market segments

Exhibit 30: Chart on Product - Market share 2022-2027 (%)
Exhibit 31: Data Table on Product - Market share 2022-2027 (%)

6.2 Comparison by Product

Exhibit 32: Chart on Comparison by Product
Exhibit 33: Data Table on Comparison by Product

6.3 CPET systems - Market size and forecast 2022-2027

Exhibit 34: Chart on CPET systems - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on CPET systems - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on CPET systems - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on CPET systems - Year-over-year growth 2022-2027 (%)

6.4 Stress ECG - Market size and forecast 2022-2027

Exhibit 38: Chart on Stress ECG - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Stress ECG - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Stress ECG - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Stress ECG - Year-over-year growth 2022-2027 (%)

6.5 SPECT systems - Market size and forecast 2022-2027

Exhibit 42: Chart on SPECT systems - Market size and forecast 2022-2027 ($ million)
Exhibit 43: Data Table on SPECT systems - Market size and forecast 2022-2027 ($ million)
Exhibit 44: Chart on SPECT systems - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on SPECT systems - Year-over-year growth 2022-2027 (%)

6.6 Stress blood pressure monitors - Market size and forecast 2022-2027

Exhibit 46: Chart on Stress blood pressure monitors - Market size and forecast 2022-2027 ($ million)
Exhibit 47: Data Table on Stress blood pressure monitors - Market size and forecast 2022-2027 ($ million)
Exhibit 48: Chart on Stress blood pressure monitors - Year-over-year growth 2022-2027 (%)
Exhibit 49: Data Table on Stress blood pressure monitors - Year-over-year growth 2022-2027 (%)

6.7 Pulse oximeters - Market size and forecast 2022-2027

Exhibit 50: Chart on Pulse oximeters - Market size and forecast 2022-2027 ($ million)
Exhibit 51: Data Table on Pulse oximeters - Market size and forecast 2022-2027 ($ million)
Exhibit 52: Chart on Pulse oximeters - Year-over-year growth 2022-2027 (%)
Exhibit 53: Data Table on Pulse oximeters - Year-over-year growth 2022-2027 (%)

6.8 Market opportunity by Product

Exhibit 54: Market opportunity by Product ($ million)

7 Market Segmentation by End-user

7.1 Market segments

Exhibit 55: Chart on End-user - Market share 2022-2027 (%)
Exhibit 56: Data Table on End-user - Market share 2022-2027 (%)

7.2 Comparison by End-user

Exhibit 57: Chart on Comparison by End-user
Exhibit 58: Data Table on Comparison by End-user

7.3 Hospitals - Market size and forecast 2022-2027

Exhibit 59: Chart on Hospitals - Market size and forecast 2022-2027 ($ million)
Exhibit 60: Data Table on Hospitals - Market size and forecast 2022-2027 ($ million)
Exhibit 61: Chart on Hospitals - Year-over-year growth 2022-2027 (%)
Exhibit 62: Data Table on Hospitals - Year-over-year growth 2022-2027 (%)

7.4 Ambulatory surgical centers - Market size and forecast 2022-2027

Exhibit 63: Chart on Ambulatory surgical centers - Market size and forecast 2022-2027 ($ million)
Exhibit 64: Data Table on Ambulatory surgical centers - Market size and forecast 2022-2027 ($ million)
Exhibit 65: Chart on Ambulatory surgical centers - Year-over-year growth 2022-2027 (%)
Exhibit 66: Data Table on Ambulatory surgical centers - Year-over-year growth 2022-2027 (%)

7.5 Diagnostic centers - Market size and forecast 2022-2027

Exhibit 67: Chart on Diagnostic centers - Market size and forecast 2022-2027 ($ million)
Exhibit 68: Data Table on Diagnostic centers - Market size and forecast 2022-2027 ($ million)
Exhibit 69: Chart on Diagnostic centers - Year-over-year growth 2022-2027 (%)
Exhibit 70: Data Table on Diagnostic centers - Year-over-year growth 2022-2027 (%)

7.6 Market opportunity by End-user

Exhibit 71: Market opportunity by End-user ($ million)

8 Customer Landscape

8.1 Customer landscape overview

Exhibit 72: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation

Exhibit 73: Chart on Market share by geography 2022-2027 (%)
Exhibit 74: Data Table on Market share by geography 2022-2027 (%)

9.2 Geographic comparison

Exhibit 75: Chart on Geographic comparison
Exhibit 76: Data Table on Geographic comparison

9.3 North America - Market size and forecast 2022-2027

Exhibit 77: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 78: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 79: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 80: Data Table on North America - Year-over-year growth 2022-2027 (%)

9.4 Europe - Market size and forecast 2022-2027

Exhibit 81: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 82: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 83: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 84: Data Table on Europe - Year-over-year growth 2022-2027 (%)

9.5 Asia - Market size and forecast 2022-2027

Exhibit 85: Chart on Asia - Market size and forecast 2022-2027 ($ million)
Exhibit 86: Data Table on Asia - Market size and forecast 2022-2027 ($ million)
Exhibit 87: Chart on Asia - Year-over-year growth 2022-2027 (%)
Exhibit 88: Data Table on Asia - Year-over-year growth 2022-2027 (%)

9.6 Rest of World (ROW) - Market size and forecast 2022-2027

Exhibit 89: Chart on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
Exhibit 90: Data Table on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
Exhibit 91: Chart on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
Exhibit 92: Data Table on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)

9.7 US - Market size and forecast 2022-2027

Exhibit 93: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 94: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 95: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 96: Data Table on US - Year-over-year growth 2022-2027 (%)

9.8 Germany - Market size and forecast 2022-2027

Exhibit 97: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 98: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 99: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 100: Data Table on Germany - Year-over-year growth 2022-2027 (%)

9.9 France - Market size and forecast 2022-2027

Exhibit 101: Chart on France - Market size and forecast 2022-2027 ($ million)
Exhibit 102: Data Table on France - Market size and forecast 2022-2027 ($ million)
Exhibit 103: Chart on France - Year-over-year growth 2022-2027 (%)
Exhibit 104: Data Table on France - Year-over-year growth 2022-2027 (%)

9.10 UK - Market size and forecast 2022-2027

Exhibit 105: Chart on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 106: Data Table on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 107: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 108: Data Table on UK - Year-over-year growth 2022-2027 (%)

9.11 Japan - Market size and forecast 2022-2027

Exhibit 109: Chart on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 110: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 111: Chart on Japan - Year-over-year growth 2022-2027 (%)
Exhibit 112: Data Table on Japan - Year-over-year growth 2022-2027 (%)

9.12 Market opportunity by geography

Exhibit 113: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges

Exhibit 114: Impact of drivers and challenges in 2022 and 2027

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape

Exhibit 115: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption

Exhibit 116: Overview on factors of disruption

11.4 Industry risks

Exhibit 117: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered

Exhibit 118: Vendors covered

12.2 Market positioning of vendors

Exhibit 119: Matrix on vendor position and classification

12.3 Biosensors International Group Ltd.

Exhibit 120: Biosensors International Group Ltd. - Overview
Exhibit 121: Biosensors International Group Ltd. - Product / Service
Exhibit 122: Biosensors International Group Ltd. - Key offerings

12.4 Cardinal Health Inc.

Exhibit 123: Cardinal Health Inc. - Overview
Exhibit 124: Cardinal Health Inc. - Business segments
Exhibit 125: Cardinal Health Inc. - Key news
Exhibit 126: Cardinal Health Inc. - Key offerings
Exhibit 127: Cardinal Health Inc. - Segment focus

12.5 COSMED Srl

Exhibit 128: COSMED Srl - Overview
Exhibit 129: COSMED Srl - Product / Service
Exhibit 130: COSMED Srl - Key offerings

12.6 Fukuda Denshi Co. Ltd.

Exhibit 131: Fukuda Denshi Co. Ltd. - Overview
Exhibit 132: Fukuda Denshi Co. Ltd. - Business segments
Exhibit 133: Fukuda Denshi Co. Ltd. - Key offerings
Exhibit 134: Fukuda Denshi Co. Ltd. - Segment focus

12.7 General Electric Co.

Exhibit 135: General Electric Co. - Overview
Exhibit 136: General Electric Co. - Business segments
Exhibit 137: General Electric Co. - Key news
Exhibit 138: General Electric Co. - Key offerings
Exhibit 139: General Electric Co. - Segment focus

12.8 Halma Plc

Exhibit 140: Halma Plc - Overview
Exhibit 141: Halma Plc - Business segments
Exhibit 142: Halma Plc - Key news
Exhibit 143: Halma Plc - Key offerings
Exhibit 144: Halma Plc - Segment focus

12.9 Hill Rom Holdings Inc.

Exhibit 145: Hill Rom Holdings Inc. - Overview
Exhibit 146: Hill Rom Holdings Inc. - Business segments
Exhibit 147: Hill Rom Holdings Inc. - Key news
Exhibit 148: Hill Rom Holdings Inc. - Key offerings
Exhibit 149: Hill Rom Holdings Inc. - Segment focus

12.10 Koninklijke Philips NV

Exhibit 150: Koninklijke Philips NV - Overview
Exhibit 151: Koninklijke Philips NV - Business segments
Exhibit 152: Koninklijke Philips NV - Key news
Exhibit 153: Koninklijke Philips NV - Key offerings
Exhibit 154: Koninklijke Philips NV - Segment focus

12.11 MGC Diagnostics Corp.

Exhibit 155: MGC Diagnostics Corp. - Overview
Exhibit 156: MGC Diagnostics Corp. - Product / Service
Exhibit 157: MGC Diagnostics Corp. - Key offerings

12.12 Nihon Kohden Corp.

Exhibit 158: Nihon Kohden Corp. - Overview
Exhibit 159: Nihon Kohden Corp. - Product / Service
Exhibit 160: Nihon Kohden Corp. - Key news
Exhibit 161: Nihon Kohden Corp. - Key offerings

12.13 Nonin Medical Inc.

Exhibit 162: Nonin Medical Inc. - Overview
Exhibit 163: Nonin Medical Inc. - Product / Service
Exhibit 164: Nonin Medical Inc. - Key news
Exhibit 165: Nonin Medical Inc. - Key offerings

12.14 OSI Systems Inc.

Exhibit 166: OSI Systems Inc. - Overview
Exhibit 167: OSI Systems Inc. - Business segments
Exhibit 168: OSI Systems Inc. - Key offerings
Exhibit 169: OSI Systems Inc. - Segment focus

12.15 SCHILLER AG

Exhibit 170: SCHILLER AG - Overview
Exhibit 171: SCHILLER AG - Product / Service
Exhibit 172: SCHILLER AG - Key offerings

12.16 Siemens Healthineers AG

Exhibit 173: Siemens Healthineers AG - Overview
Exhibit 174: Siemens Healthineers AG - Business segments
Exhibit 175: Siemens Healthineers AG - Key news
Exhibit 176: Siemens Healthineers AG - Key offerings
Exhibit 177: Siemens Healthineers AG - Segment focus

12.17 Vyaire Medical Inc.

Exhibit 178: Vyaire Medical Inc. - Overview
Exhibit 179: Vyaire Medical Inc. - Product / Service
Exhibit 180: Vyaire Medical Inc. - Key news
Exhibit 181: Vyaire Medical Inc. - Key offerings

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist

Exhibit 182: Inclusions checklist
Exhibit 183: Exclusions checklist

13.3 Currency conversion rates for US$

Exhibit 184: Currency conversion rates for US$

13.4 Research methodology

Exhibit 185: Research methodology
Exhibit 186: Validation techniques employed for market sizing
Exhibit 187: Information sources

13.5 List of abbreviations

Exhibit 188: List of abbreviations

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