Home / Market Reports / Medical Devices & Consumables / Global ECG Patch and Holter Monitor Market Growth 2024-2030

Global ECG Patch and Holter Monitor Market Growth 2024-2030

Global ECG Patch and Holter Monitor Market Growth 2024-2030

Product Code:922617

Published Date: Oct 10,2024

Pages: 139

Region: Global

Category: Medical Devices & Consumables

PDF DOWNLOAD

GET FREE SAMPLE

CUSTOMIZE REQUEST

PDF DOWNLOAD

GET FREE SAMPLE

CUSTOMIZE REQUEST

SELECT A FORMAT

ADD TO BASKET

BUY NOW

Provide comprehensive and accurate analysis and reports according to your exact requirements

Provide comprehensive and accurate analysis and reports according to your exact requirements

CONTACT US 

ECG Patch and Holter Monitoris portable medical devices used to continuously record a patient's heart activity, typically over a period of 24 to 48 hours, though extended monitoring can last up to several days. These devices consist of small electrodes attached to the skin, which are connected to a compact, wearable recorder. The Holter monitor tracks the electrical signals of the heart, allowing physicians to detect irregular heart rhythms (arrhythmias), assess the effectiveness of treatments, and diagnose conditions like atrial fibrillation or ischemia. Unlike a standard electrocardiogram (ECG), which only provides a brief snapshot of heart activity, Holter monitoring captures real-time data over an extended period during a patient’s normal daily activities.

The global ECG Patch and Holter Monitor market size is projected to grow from US$ 646 million in 2024 to US$ 1073 million in 2030; it is expected to grow at a CAGR of 8.8% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “ECG Patch and Holter Monitor Industry Forecast” looks at past sales and reviews total world ECG Patch and Holter Monitor sales in 2023, providing a comprehensive analysis by region and market sector of projected ECG Patch and Holter Monitor sales for 2024 through 2030. With ECG Patch and Holter Monitor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world ECG Patch and Holter Monitor industry.

This Insight Report provides a comprehensive analysis of the global ECG Patch and Holter Monitor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on ECG Patch and Holter Monitor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global ECG Patch and Holter Monitor market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for ECG Patch and Holter Monitor and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global ECG Patch and Holter Monitor.

Key Drivers of the ECG Patch and Holter Monitor Market:
Increasing Prevalence of Cardiac Disorders: Rising rates of heart diseases and conditions like arrhythmias drive demand for Holter monitoring to enable accurate diagnosis and management.

Technological Advancements: Innovations in wearable technology and data analytics enhance the functionality and accuracy of Holter monitors, making them more appealing to healthcare providers.

Growing Awareness of Preventive Healthcare: An emphasis on early detection and preventive measures in healthcare encourages patients and doctors to utilize Holter monitors for routine cardiac assessment.

Patient Convenience: Holter monitoring allows patients to carry out their daily activities while being monitored, improving adherence and patient satisfaction.

Support from Healthcare Systems: Increased support and integration of telehealth solutions within healthcare systems promote the use of Holter monitors for remote patient monitoring.

Key Challenges in the ECG Patch and Holter Monitor Market:
High Costs: The initial investment and ongoing costs associated with purchasing and maintaining ECG Patch and Holter Monitor can be significant for healthcare facilities.

Data Management Issues: Handling and analyzing large volumes of data generated by Holter monitors can be challenging, requiring robust software solutions and skilled personnel.

Patient Compliance: Some patients may find it uncomfortable to wear the monitor for extended periods, leading to potential issues with data completeness and accuracy.

Regulatory Hurdles: Navigating the regulatory landscape for medical devices can delay product approvals and market entry.

Competition from Alternative Technologies: The emergence of other cardiac monitoring technologies, such as implantable monitors and smartphone-based ECGs, poses competition to traditional Holter systems.

Global ECG Patch and Holter Monitor key players include GE Healthcare, Baxter, Philips Healthcare, Spacelabs Healthcare, Applied Cardiac Systems, etc. Global top five manufacturers hold a share about 50%. North America is the largest market, with a share over 40%.

This report presents a comprehensive overview, market shares, and growth opportunities of ECG Patch and Holter Monitor market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
    Portable Type
    Patch Type
    Other

Segmentation by Application:
    Hospitals
    Clinics
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
    GE Healthcare
    Baxter (Hill-Rom)
    Philips Healthcare
    Spacelabs Healthcare
    NIHON KOHDEN
    Schiller
    Applied Cardiac Systems
    VectraCor
    BORSAM
    Scottcare
    Bi-biomed
    Beijing Healthme
    Zoncare
    Edan
    Recare
    Heal Force
    Ensense Biomedical
    THOTH
    Zhengxin Technology
    Lifeon Medical

Key Questions Addressed in this Report
What is the 10-year outlook for the global ECG Patch and Holter Monitor market?
What factors are driving ECG Patch and Holter Monitor market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do ECG Patch and Holter Monitor market opportunities vary by end market size?
How does ECG Patch and Holter Monitor break out by Type, by Application?