Global Cardiac Patch Monitor Market Size study & Forecast, by Product (Patch Recorde, Holter Monitors) by End User (Hospitals, Homecare Settings, Others),and Regional Analysis, 2023-2030

Description

List of Tables

Global Cardiac Patch Monitor Market is valued at approximately USD 504 million in 2022 and is anticipated to grow with a healthy growth rate of more than 20% over the forecast period 2023-2030. The cardiac patch monitor uses electrodes placed on the patient's chest to find and capture the electrical impulses the heart produces. The device receives these impulses and transmits them, storing the information for further study by medical personnel. During the monitoring time, a cardiac patch monitor is used to record any abnormal heart rhythms or electrical patterns in a human body . Patients with irregular or sporadic heart-related symptoms, such as palpitations, lightheadedness, or fainting spells, are frequently prescribed this medication. The Cardiac Patch Monitor market is expanding because of factors such as the rise in the prevalence of chronic cardiac diseases, the growing aging population, and technological advancement in cardiac patch monitors.

The prevalence of chronic cardiac diseases like heart attack, myocardial infarction, and stroke is increasing, which is fueling demand for cardiac patch monitors to track patients' heart health who frequently experience symptoms of heart irregularities such as palpitations, lightheadedness, or fainting spells. For instance, the Centres for Disease Control and Prevention (CDC) 2022 report states that in 2020, 20.1 million persons aged 20 and older had coronary artery disease. Furthermore, the same report stated that every year about 805,000 Americans have a heart attack. Thus, rising chronic cardiac diseases is driving the market growth. Furthermore, The heart's electrical system also experiences natural changes as people age. Arrhythmias become e likely to due to decline in the efficiency of the conduction system that coordinates the heart's electrical signals. As a result, the need for cardiac patch monitors is driven by the aging population's increased vulnerability to cardiac illness. According to World Health Organization. As of the year 2022, the share of the population aged 60 years reached 1.4 billion increase from 1 billion in the year 2020 and it is projected to reach 2.1 billion by the year 2050. In addition, increasing technological advancement and rising healthcare expenditure are creating lucrative opportunities for market growth. However, the high cost of cardiac patch monitoring and the risk associated with cybersecurity vulnerabilities stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Cardiac Patch Monitor Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to increasing disease prevalence and rising technological advancement activities and rising research and development activities. Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising geriatric and increasing prevalence of diseases, an increase in the number of collaborations and partnerships for product development, and geographic expansion of key players in the market space.

Major market players included in this report are:

Baxter International Inc.
Hemodynamics Co.
Mawi Inc
Zywie Inc.
KoninklijkePhilips N.V.
LifeSignals India Pvt Ltd
Cardiac Insight, Inc.
Vital Connect Inc
iRhythm Technologies, Inc.
SmartCardia Inc.

Recent Developments in the Market:

In April 2023, Cardiac Insight, Inc. announced that it has signed a distribution contract with i.SigNal, Dreamtech's exclusive brand, and group for digital healthcare. The deal gives i.SigNal master distribution rights for the Cardea SOLO single-use wearable ECG patch and proprietary analysis software system throughout 23 countries across the world
In August 2022, In India, SmartCardia unveiled their 7L patch, a 7-lead cardiac monitoring patch. With the use of remote monitoring, this patch monitor's wearable medical technology and AI may offer personalized and predicted patient insights.

Global Cardiac Patch Monitor Market Report Scope:

Historical Data - 2020 - 2021
Base Year for Estimation - 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Product, End User, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:

Patch Recorde
Holter Monitors

By End User:

Hospitals
Homecare Settings
Others

By Region:

North America

U.S.
Canada

Europe

UK
Germany
France
Spain
Italy
ROE

Asia Pacific

China
India
Japan
Australia
South Korea
RoAPAC

Latin America

Brazil
Mexico

Middle East & Africa

Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Million)
- 1.2.1. Cardiac Patch Monitor Market, by Region, 2020-2030 (USD Million)
- 1.2.2. Cardiac Patch Monitor Market, by Product, 2020-2030 (USD Million)
- 1.2.3. Cardiac Patch Monitor Market, by End User, 2020-2030 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Cardiac Patch Monitor Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Cardiac Patch Monitor Market Dynamics

3.1. Cardiac Patch Monitor Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing prevalence of chronic cardiac diseases
  - 3.1.1.2. Growing Geriatric Population
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost of Cardiac Patch Monitor
  - 3.1.2.2. Risk associated with cybersecurity vulnerabilities
- 3.1.3. Market Opportunities
  - 3.1.3.1. Technological advancement in cardiac patch monitors
  - 3.1.3.2. Rising healthcare expenditure

Chapter 4. Global Cardiac Patch Monitor Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Cardiac Patch Monitor Market, by Product

5.1. Market Snapshot
5.2. Global Cardiac Patch Monitor Market by Product, Performance - Potential Analysis
5.3. Global Cardiac Patch Monitor Market Estimates & Forecasts by Product 2020-2030 (USD Million)
5.4. Cardiac Patch Monitor Market, Sub Segment Analysis
- 5.4.1. Patch Recorde
- 5.4.2. Holter Monitors

Chapter 6. Global Cardiac Patch Monitor Market, by End User

6.1. Market Snapshot
6.2. Global Cardiac Patch Monitor Market by End User, Performance - Potential Analysis
6.3. Global Cardiac Patch Monitor Market Estimates & Forecasts by End User 2020-2030 (USD Million)
6.4. Cardiac Patch Monitor Market, Sub Segment Analysis
- 6.4.1. Hospitals
- 6.4.2. Homecare Settings
- 6.4.3. Others

Chapter 7. Global Cardiac Patch Monitor Market, Regional Analysis

7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Cardiac Patch Monitor Market, Regional Market Snapshot
7.4. North America Cardiac Patch Monitor Market
- 7.4.1. U.S. Cardiac Patch Monitor Market
  - 7.4.1.1. Product breakdown estimates & forecasts, 2020-2030
  - 7.4.1.2. End User breakdown estimates & forecasts, 2020-2030
- 7.4.2. Canada Cardiac Patch Monitor Market
7.5. Europe Cardiac Patch Monitor Market Snapshot
- 7.5.1. U.K. Cardiac Patch Monitor Market
- 7.5.2. Germany Cardiac Patch Monitor Market
- 7.5.3. France Cardiac Patch Monitor Market
- 7.5.4. Spain Cardiac Patch Monitor Market
- 7.5.5. Italy Cardiac Patch Monitor Market
- 7.5.6. Rest of Europe Cardiac Patch Monitor Market
7.6. Asia-Pacific Cardiac Patch Monitor Market Snapshot
- 7.6.1. China Cardiac Patch Monitor Market
- 7.6.2. India Cardiac Patch Monitor Market
- 7.6.3. Japan Cardiac Patch Monitor Market
- 7.6.4. Australia Cardiac Patch Monitor Market
- 7.6.5. South Korea Cardiac Patch Monitor Market
- 7.6.6. Rest of Asia Pacific Cardiac Patch Monitor Market
7.7. Latin America Cardiac Patch Monitor Market Snapshot
- 7.7.1. Brazil Cardiac Patch Monitor Market
- 7.7.2. Mexico Cardiac Patch Monitor Market
7.8. Middle East & Africa Cardiac Patch Monitor Market
- 7.8.1. Saudi Arabia Cardiac Patch Monitor Market
- 7.8.2. South Africa Cardiac Patch Monitor Market
- 7.8.3. Rest of Middle East & Africa Cardiac Patch Monitor Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. Company 1
- 8.1.2. Company 2
- 8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Baxter International Inc.
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Recent Developments
- 8.3.2. Hemodynamics Co
- 8.3.3. Mawi Inc
- 8.3.4. Zywie Inc.
- 8.3.5. Koninklijke Philips N.V.
- 8.3.6. LifeSignals India Pvt Ltd
- 8.3.7. Cardiac Insight, Inc.
- 8.3.8. Vital Connect Inc
- 8.3.9. iRhythm Technologies, Inc.
- 8.3.10. SmartCardia Inc.

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Cardiac Patch Monitor Market, report scope
TABLE 2. Global Cardiac Patch Monitor Market estimates & forecasts by Region 2020-2030 (USD Million)
TABLE 3. Global Cardiac Patch Monitor Market estimates & forecasts by Product 2020-2030 (USD Million)
TABLE 4. Global Cardiac Patch Monitor Market estimates & forecasts by End User 2020-2030 (USD Million)
TABLE 5. Global Cardiac Patch Monitor Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 6. Global Cardiac Patch Monitor Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 7. Global Cardiac Patch Monitor Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 8. Global Cardiac Patch Monitor Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 9. Global Cardiac Patch Monitor Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 10. Global Cardiac Patch Monitor Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 11. Global Cardiac Patch Monitor Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 12. Global Cardiac Patch Monitor Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 13. Global Cardiac Patch Monitor Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 14. Global Cardiac Patch Monitor Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 15. U.S. Cardiac Patch Monitor Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 16. U.S. Cardiac Patch Monitor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 17. U.S. Cardiac Patch Monitor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 18. Canada Cardiac Patch Monitor Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 19. Canada Cardiac Patch Monitor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 20. Canada Cardiac Patch Monitor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 21. UK Cardiac Patch Monitor Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 22. UK Cardiac Patch Monitor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 23. UK Cardiac Patch Monitor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 24. Germany Cardiac Patch Monitor Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 25. Germany Cardiac Patch Monitor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 26. Germany Cardiac Patch Monitor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 27. France Cardiac Patch Monitor Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 28. France Cardiac Patch Monitor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 29. France Cardiac Patch Monitor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 30. Italy Cardiac Patch Monitor Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 31. Italy Cardiac Patch Monitor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 32. Italy Cardiac Patch Monitor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 33. Spain Cardiac Patch Monitor Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 34. Spain Cardiac Patch Monitor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 35. Spain Cardiac Patch Monitor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 36. RoE Cardiac Patch Monitor Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 37. RoE Cardiac Patch Monitor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 38. RoE Cardiac Patch Monitor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 39. China Cardiac Patch Monitor Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 40. China Cardiac Patch Monitor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 41. China Cardiac Patch Monitor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 42. India Cardiac Patch Monitor Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 43. India Cardiac Patch Monitor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 44. India Cardiac Patch Monitor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 45. Japan Cardiac Patch Monitor Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 46. Japan Cardiac Patch Monitor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 47. Japan Cardiac Patch Monitor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 48. South Korea Cardiac Patch Monitor Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 49. South Korea Cardiac Patch Monitor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 50. South Korea Cardiac Patch Monitor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 51. Australia Cardiac Patch Monitor Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 52. Australia Cardiac Patch Monitor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 53. Australia Cardiac Patch Monitor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 54. RoAPAC Cardiac Patch Monitor Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 55. RoAPAC Cardiac Patch Monitor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 56. RoAPAC Cardiac Patch Monitor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 57. Brazil Cardiac Patch Monitor Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 58. Brazil Cardiac Patch Monitor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 59. Brazil Cardiac Patch Monitor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 60. Mexico Cardiac Patch Monitor Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 61. Mexico Cardiac Patch Monitor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 62. Mexico Cardiac Patch Monitor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 63. RoLA Cardiac Patch Monitor Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 64. RoLA Cardiac Patch Monitor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 65. RoLA Cardiac Patch Monitor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 66. Saudi Arabia Cardiac Patch Monitor Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 67. South Africa Cardiac Patch Monitor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 68. RoMEA Cardiac Patch Monitor Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 69. List of secondary sources, used in the study of global Cardiac Patch Monitor Market
TABLE 70. List of primary sources, used in the study of global Cardiac Patch Monitor Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Cardiac Patch Monitor Market, research methodology
FIG 2. Global Cardiac Patch Monitor Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Cardiac Patch Monitor Market, key trends 2022
FIG 5. Global Cardiac Patch Monitor Market, growth prospects 2023-2030
FIG 6. Global Cardiac Patch Monitor Market, porters 5 force model
FIG 7. Global Cardiac Patch Monitor Market, pest analysis
FIG 8. Global Cardiac Patch Monitor Market, value chain analysis
FIG 9. Global Cardiac Patch Monitor Market by segment, 2020 & 2030 (USD Million)
FIG 10. Global Cardiac Patch Monitor Market by segment, 2020 & 2030 (USD Million)
FIG 11. Global Cardiac Patch Monitor Market by segment, 2020 & 2030 (USD Million)
FIG 12. Global Cardiac Patch Monitor Market by segment, 2020 & 2030 (USD Million)
FIG 13. Global Cardiac Patch Monitor Market by segment, 2020 & 2030 (USD Million)
FIG 14. Global Cardiac Patch Monitor Market, regional snapshot 2020 & 2030
FIG 15. North America Cardiac Patch Monitor Market 2020 & 2030 (USD Million)
FIG 16. Europe Cardiac Patch Monitor Market 2020 & 2030 (USD Million)
FIG 17. Asia pacific Cardiac Patch Monitor Market 2020 & 2030 (USD Million)
FIG 18. Latin America Cardiac Patch Monitor Market 2020 & 2030 (USD Million)
FIG 19. Middle East & Africa Cardiac Patch Monitor Market 2020 & 2030 (USD Million)