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)

Description

The global ECG sensor patch market is estimated to be valued at US$ 103.0 Mn in 2023 and is expected to exhibit a CAGR of 43.7% during the forecast period (2023-2030).

Report Coverage		Report Details
Base Year:	2022	Market Size in 2023:	US$ 103.0 Mn
Historical Data for:	2018 to 2021	Forecast Period:	2023 - 2030
Forecast Period 2023 to 2030 CAGR:	43.70%	2030 Value Projection:	US$ 1,303.5 Mn

Figure 1. Global ECG Sensor Patch Market Share (%), By Product Type, 2023

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

Product Code: CMI2832

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