ECG Sensor Patch Market - Global Forecast to 2026, by Product Type (Hardware and Software), by Application (Monitoring and Diagnostics), by End User (Healthcare and Fitness and Sports), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Trends, and Forecast, 2022 - 2028
ECG sensor patch is a diagnostic tool used by the clinicians for early detection of atrial fibrillation and to ensure timely treatment for such patients. The wearable patch continuously record the ECG of user, which aids in arrhythmia detection and management at the point of care. It also acts as triggering alarm for the cardiac patient about the stress levels and thus increasing the patient compliance.
Market Dynamics
Increasing product launches by market players is a major factor driving global ECG sensor patch market growth. For instance, in January 2019, Lief Therapeutics launched a newly developed smart patch at the Consumer Electronics Show. The patch allows users to easily detect, manage, and treat stress in real-time using haptic biofeedback technology.
Furthermore, inorganic strategies adopted by key players for enhancing their distribution network and offering best products in the market is expected to drive the market growth. For instance, in November 2018, Cardiac Insight, Inc. collaborated with VivoSense to deliver enhanced analytics to expand use of wearable cardiac sensors in clinical trials and other healthcare applications. Similarly, in November 2018, AliveCor, Inc. and C. ILLIES & CO., a distribution partner for technology innovators in Asia, entered into new distribution agreement to launch AliveCor Mobile ECG in Hong Kong and Macau.
Key features of the study:
This report provides in-depth analysis of the ECG sensor patch market and provides market size (US$ million) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategy adopted by key players
It profiles key players in the global ECG sensor patch market based on the following parameters – company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, strategies, and future plans
Key companies covered as a part of this study include Medtronic Plc., Hill-Rome Holdings, Inc., iRhythm Technologies, Inc., AliveCor, Inc., Vivalnk, Inc., Cardiac Insight Inc., VitalConnect, LifeSignals, Inc., and Lief Therapeutics
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, technology up-gradation, market expansion, and marketing tactics.
The global ECG sensor patch Market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global ECG sensor patch market
Detailed Segmentation:
Global ECG Sensor Patch Market, By Product Type:
Hardware
Software
Global ECG Sensor Patch Market, By Application:
Monitoring
Diagnostics
Global ECG Sensor Patch Market, By End User:
Healthcare
Fitness and Sports
Global ECG Sensor Patch Market, By Region:
North America
By Product Type:
Hardware
Software
By Application:
Monitoring
Diagnostics
By End User:
Healthcare
Fitness and Sports
By Country:
U.S.
Canada
Latin America
By Product Type:
Hardware
Software
By Application:
Monitoring
Diagnostics
By End User:
Healthcare
Fitness and Sports
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
Europe
By Product Type:
Hardware
Software
By Application:
Monitoring
Diagnostics
By End User:
Healthcare
Fitness and Sports
By Country:
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By Product Type:
Hardware
Software
By Application:
Monitoring
Diagnostics
By End User:
Healthcare
Fitness and Sports
By Country:
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
By Product Type:
Hardware
Software
By Application:
Monitoring
Diagnostics
By End User:
Healthcare
Fitness and Sports
By Country/Region:
GCC
Israel
Rest of Middle East
Africa
By Product Type:
Hardware
Software
By Application:
Monitoring
Diagnostics
By End User:
Healthcare
Fitness and Sports
By Country/Region:
South Africa
Central Africa
North Africa
Company Profiles
Medtronic Plc.*
Company Overview
Product Portfolio
Financial Performance
Key Highlights
Market Strategies
Hill-Rome Holdings, Inc.
iRhythm Technologies, Inc.
AliveCor, Inc.
Vivalnk, Inc.
Cardiac Insight Inc.
VitalConnect
LifeSignals, Inc.
Lief Therapeutics
“*” marked represents similar segmentation in other categories in the respective section.
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