ECG Sensor Patch Market, By Product Type (Hardware, Software), By Application (Monitoring, Diagnostics), By End User (Healthcare, Fitness and Sports), By Geography (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)
ECG Sensor Patch Market, By Product Type (Hardware, Software), By Application (Monitoring, Diagnostics), By End User (Healthcare, Fitness and Sports), By Geography (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)
The ECG sensor patch market has been gaining traction over the last few years owing to the increasing prevalence of cardiac disorders globally. An ECG sensor patch is a small, lightweight device that is affixed to the patient's chest using an adhesive gel. It monitors the electrical activity and rhythms of the heart through electrodes and transmits the ECG readings to a gateway device via Bluetooth connectivity. The real-time cardiac monitoring functionality of these patches allows for early detection of arrhythmias and timely medical intervention. Furthermore, their user-friendliness and convenience have boosted their adoption in ambulatory cardiac monitoring over traditional Holter monitors. The rising focus on preventive healthcare and the growing geriatric population prone to heart ailments point towards immense opportunities for players in this market.
Market Dynamics
The global ECG sensor patch market is witnessing positive growth on account of several factors, such as the rising prevalence of cardiovascular diseases worldwide, increasing healthcare expenditure, a growing geriatric population susceptible to heart conditions, and technological advancements in wearable ECG devices. According to the World Health Organization, as of June 2021, cardiovascular diseases are the leading cause of death globally, taking an estimated 17.9 million lives each year. This has enhanced the need for continuous heart monitoring solutions. However, the market potential is still untapped in developing nations owing to low awareness and high device costs. Moreover, data privacy and security concerns over wireless data transmission can impede the market progression to some extent. Meanwhile, ongoing Reasearch and Development towards the miniaturization and development of self-adhesive ECG sensor patches brings attractive opportunities by improving patient compliance for long-term monitoring.
Key features of the study:
This report provides in-depth analysis of the global ECG sensor patch market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 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 strategies adopted by key players
It profiles key players in the global ECG sensor patch market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
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, type 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:
By Product Type:
Hardware
Software
By Application:
Monitoring
Diagnostics
By End User:
Healthcare
Fitness and Sports
By Region:
North America
Europe
Asia-Pacific
Latin America
Middle East & Africa
Company Profiles
Medtronic Plc.
Hill-Rome Holdings, Inc.
iRhythm Technologies, Inc.
AliveCor, Inc.
Vivalnk, Inc.
Cardiac Insight Inc.
VitalConnect
LifeSignals, Inc.
Lief Therapeutics
1. Research Objective and Assumption
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Product Type
Market Snippet, By Application
Market Snippet, By End User
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
Recent Trends
Mergers, Acquisitions, and Collaborations
Regulatory Scenario
Key Developments
PEST Analysis
Porter’s Analysis
4. Global ECG Sensor Patch Market-COVID-19 Impact Analysis
Economic Impact
COVID-19 Epidemiology
Impact on Supply and Demand
5. Global ECG Sensor Patch Market, By Product Type, 2018-2030, (US$ Mn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018-2030
Segment Trends
Hardware
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Segment Trends
Software
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Segment Trends
6. Global ECG Sensor Patch Market, By Application, 2018-2030, (US$ Mn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018-2030
Segment Trends
Monitoring
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Segment Trends
Diagnostics
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Segment Trends
7. Global ECG Sensor Patch Market, By End User, 2018-2030, (US$ Mn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018-2030
Segment Trends
Healthcare
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Fitness and Sports
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
8. Global ECG Sensor Patch Market, By Region, 2018-2030, (US$ Mn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018-2030
Segment Trends
North America
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Mn)
U.S.
Canada
Europe
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Mn)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Mn)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Mn)
Brazil
Mexico
Argentina
Rest of Latin America
Middle East
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Mn)
GCC
Israel
Rest of Middle East
Africa
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2018-2030, (US$ Mn)
North Africa
Central Africa
South Africa
9. Competitive Landscape
Company Profiles
Medtronic Plc.
Company Overview
Product Portfolio
Key Highlights
Financial Overview
Strategies
Hill-Rome Holdings, Inc
Company Overview
Product Portfolio
Key Highlights
Financial Overview
Strategies
iRhythm Technologies, Inc.
Company Overview
Product Portfolio
Key Highlights
Financial Overview
Strategies
AliveCor, Inc.
Company Overview
Product Portfolio
Key Highlights
Financial Overview
Strategies
Vivalnk, Inc.
Company Overview
Product Portfolio
Key Highlights
Financial Overview
Strategies
Cardiac Insight Inc.
Company Overview
Product Portfolio
Key Highlights
Financial Overview
Strategies
VitalConnect
Company Overview
Product Portfolio
Key Highlights
Financial Overview
Strategies
LifeSignals, Inc.
Company Overview
Product Portfolio
Key Highlights
Financial Overview
Strategies
Lief Therapeutics
Company Overview
Product Portfolio
Key Highlights
Financial Overview
Strategies
Analysts’ Views
10. Section
References
Research Methodology
About us and Sales Contact
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