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Stress Tests Equipment Market Share

Report ID: GMI7755
Published Date: Dec 2023
Report Format: PDF

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Stress Tests Equipment Market Share

The stress tests equipment industry is consolidated, with key players including GE Healthcare, Philips Healthcare (Koninklijke Philips N.V.), Siemens Healthineers, and others dominating the market. These companies focus on ongoing product innovation, geographical expansion, and partnerships to secure substantial market shares. For instance, in October 2023, Mediport and GE HealthCare inaugurate the One-Stop Clinic for Cardiology in Antwerp, Belgium. The center aims to offer a cardiology-based diagnosis pathway including several diagnosis tests like stress test, and other diagnosis test. This strategic merger enhances GE HealthCare's diagnostic capabilities, expanding its European market portfolio.

Stress Tests Equipment Market Companies

Some of the eminent market participants operating in the stress tests equipment industry include:

GE Healthcare
Cardinal Health, Inc.
Philips Healthcare (Koninklijke Philips N.V.)
Siemens Healthineers (Siemens AG)
Hill-Rom Holdings, Inc. (Baxter International Inc.)
Schiller AG
Nihon Kohden
Spacelabs Healthcare (OSI Systems)
Cosmed Medical
Trismed Co. Ltd
Cardiomed Europe P.C

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Market size for stress tests equipment was USD 3.6 billion in 2023 and is expected to reach USD 4.6 billion by 2032 due to the increasing prevalence of cardiovascular diseases (CVDs) worldwide.

The treadmill stress test systems product type segment held 18.8% share of the stress tests equipment industry in 2023 and is expected to register an appreciable CAGR from 2024-2032 owing to its versatility and widespread use for assessing cardiovascular health.

U.S. industry size for stress tests equipment recorded USD 825 million in 2023 and is expected to register commendable CAGR from 2024-2032 due to the high prevalence of cardiovascular diseases, prompting an increased demand for diagnostic tools in the region.

Siemens Healthineers (Siemens AG), Hill-Rom Holdings, Inc. (Baxter International Inc.), Schiller AG, Nihon Kohden, Spacelabs Healthcare (OSI Systems), Cosmed Medical, Trismed Co. Ltd , and Cardiomed Europe P.C. are some of the major stress tests equipment companies worldwide.