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Report South-Eastern Asia - Electro-Cardiographs - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

South-Eastern Asia - Electro-Cardiographs - Market Analysis, Forecast, Size, Trends and Insights

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South-Eastern Asia: Ecg Market 2024

Ecg Market Size in South-Eastern Asia

After three years of growth, the Southeast Asian ECG market decreased by -20.6% to $X in 2021. In general, consumption, however, showed a prominent expansion. Over the period under review, the market reached the maximum level at $X in 2020, and then reduced notably in the following year.

Ecg Production in South-Eastern Asia

In value terms, ECG production soared to $X in 2021 estimated in export price. The total production indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +9.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -14.5% against 2019 indices. The pace of growth appeared the most rapid in 2013 when the production volume increased by 46% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Ecg Exports

Exports in South-Eastern Asia

In 2021, shipments abroad of electro-cardiographs increased by 33% to X units, rising for the third year in a row after four years of decline. Over the period under review, exports recorded a resilient increase. The pace of growth appeared the most rapid in 2019 when exports increased by 176% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in years to come.

In value terms, ECG exports surged to $X in 2021. In general, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2019 when exports increased by 242% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in the near future.

Exports by Country

The shipments of the two major exporters of electro-cardiographs, namely Singapore and Malaysia, represented more than two-thirds of total export.

From 2012 to 2021, the biggest increases were recorded for Singapore (with a CAGR of +19.1%).

In value terms, Malaysia ($X) and Singapore ($X) constituted the countries with the highest levels of exports in 2021.

Among the main exporting countries, Singapore, with a CAGR of +33.1%, recorded the highest growth rate of the value of exports, over the period under review.

Ecg Imports

Imports in South-Eastern Asia

In 2021, purchases abroad of electro-cardiographs decreased by -60.1% to X units for the first time since 2013, thus ending a seven-year rising trend. Overall, imports, however, recorded a strong expansion. The pace of growth was the most pronounced in 2020 with an increase of 463%. As a result, imports reached the peak of X units, and then contracted notably in the following year.

In value terms, ECG imports soared to $X in 2021. Over the period under review, imports, however, continue to indicate a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Singapore was the major importing country with an import of around X units, which reached 62% of total imports. Malaysia (X units) took a 13% share (based on physical terms) of total imports, which put it in second place, followed by Thailand (12%) and Indonesia (8.8%). Vietnam (X units) followed a long way behind the leaders.

Imports into Singapore increased at an average annual rate of +20.6% from 2012 to 2021. At the same time, Thailand (+31.3%), Malaysia (+14.6%), Indonesia (+6.5%) and Vietnam (+1.3%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of +31.3% from 2012-2021. While the share of Singapore (+19 p.p.) and Thailand (+8.4 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Vietnam (-4.9 p.p.) and Indonesia (-10.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) constitutes the largest market for imported electro-cardiographs in South-Eastern Asia, comprising 74% of total imports. The second position in the ranking was held by Malaysia ($X), with an 8% share of total imports. It was followed by Indonesia, with a 7.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Singapore totaled +21.3%. In the other countries, the average annual rates were as follows: Malaysia (+9.0% per year) and Indonesia (+14.1% per year).

Import Prices by Country

In 2021, the import price in South-Eastern Asia amounted to $X per unit, with an increase of 347% against the previous year. Overall, the import price continues to indicate modest growth. The level of import peaked at $X per unit in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Vietnam ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+7.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of ecg consumption was Indonesia, comprising approx. 63% of total volume. Moreover, ecg consumption in Indonesia exceeded the figures recorded by the second-largest consumer, Malaysia, fourfold. The third position in this ranking was occupied by Myanmar, with an 8.7% share.
The countries with the highest volumes of ecg production in 2020 were Singapore, Malaysia and Indonesia, together comprising 95% of total production.
In value terms, Singapore remains the largest ecg supplier in South-Eastern Asia, comprising 91% of total exports. The second position in the ranking was occupied by Malaysia, with a 7.9% share of total exports.
In value terms, Singapore constitutes the largest market for imported electro-cardiographs in South-Eastern Asia, comprising 62% of total imports. The second position in the ranking was occupied by Indonesia, with a 19% share of total imports. It was followed by Thailand, with a 5.2% share.
In 2020, the ecg export price in South-Eastern Asia amounted to $105 per unit, declining by -35.3% against the previous year.
In 2020, the ecg import price in South-Eastern Asia amounted to $562 per unit, falling by -15.2% against the previous year.

This report provides an in-depth analysis of the ecg market in South-Eastern Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 26601230 - Electro-cardiographs

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in South-Eastern Asia, split by region and country
  • Trade (exports and imports) in South-Eastern Asia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Brunei Darussalam
    • Cambodia
    • Indonesia
    • Malaysia
    • Myanmar
    • Philippines
    • Singapore
    • Thailand
    • Timor-Leste
    • Vietnam
    • Lao People's Democratic Republic

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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