ECG Patch and Holter Monitor Market Insights, Trends, and Forecast 2024–2032
According to Straits Research, the global ECG Patch and Holter Monitor Market size was valued at USD 1.47 billion in 2023 and is projected to reach USD 1.74 billion in 2024, growing to USD 6.92 billion by 2032, with a CAGR of 18.8% during the forecast period (2024–2032).
Market Definition and Latest Trends
The ECG Patch and Holter Monitor Market encompasses wearable cardiac monitoring devices that record electrical activity of the heart over a prolonged period, facilitating early diagnosis and continuous monitoring of cardiac conditions. The growing adoption of remote patient monitoring solutions and technological advancements in wireless and AI-based ECG analysis are key trends shaping the market. Additionally, increasing prevalence of cardiovascular diseases and a rising geriatric population contribute to the expansion of the market.
Key Opportunities in the Market
Growing preference for remote and real-time cardiac monitoring solutions
Increased integration of AI and machine learning for ECG analysis
Rising investments in healthcare infrastructure and telemedicine
Expanding adoption of wearable healthcare technology
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Market Segmentation
By Product:
ECG Patch
Holter Monitors
By Application:
Diagnostics
Monitoring
By End-User:
Hospitals and Clinics
Ambulatory Facilities
List of Key Players in the ECG Patch and Holter Monitor Market
Nissha Medical Technologies (Vermed)
Medtronic Plc
Hill-Rom Services Inc.
Irhythm Technologies Inc.
Nihon Kohden Corporation
Koninklijke Philips N.V.
GE Healthcare
Fukuda Denshi Co.
Spacelabs Healthcare (Subsidiary of Osi Systems Inc.)
Alivecor Inc.
Cardiac Insight Inc.
VitalConnect
Lifesignals Inc.
Bardy Diagnostics Inc.
Nasiff Associates Inc.
Midmark Corporation
Lief Therapeutics Inc.
Schiller AG
The market is witnessing a shift towards AI-driven diagnostic capabilities, improving the accuracy and efficiency of cardiac event detection. Additionally, wearable ECG patches are becoming more compact, lightweight, and user-friendly, enhancing patient compliance and accessibility.
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