The 2022 global market size for Electrocardiogram (ECG) patch Holter monitors amounted to USD 1.23 Billion and is anticipated to experience a swift revenue Compound Annual Growth Rate (CAGR) of 7.0% throughout the forecast period. The primary drivers of this market expansion include the escalating prevalence of cardiovascular disorders, the widespread adoption of portable and wireless ECG patch Holter monitors, and a growing elderly population. A Holter monitor, a compact wearable device, monitors heart rhythm by detecting minute electrical signals of the heart and relaying them to the chest’s surface.
This device proficiently captures the heart’s subtle electrical signals and transmits them to the surface of the chest. Furthermore, the increasing demand for Remote Patient Monitoring and the integration of Artificial Intelligence (AI) and Machine Learning (ML) technologies into ECG patch Holter monitors are poised to further propel the market’s revenue growth.
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Market Overview:
In the pharmaceutical and healthcare sectors, there is rapid change. As cell and gene therapies become increasingly available, patients are finding appropriate treatments for previously incurable diseases. Machine learning and artificial intelligence (AI) technologies are making it possible for more inventive, faster, and cheaper therapy development to take place. By utilizing data-driven projects, manufacturing, the supply chain, and the entire healthcare ecosystem can benefit. It is clear that consumer attitudes and behaviors are shifting, ranging from a greater use of technology and data sharing to a willingness to use tools to make prescriptions and treatment decisions. Pharma and healthcare markets are expected to grow in the next few years as a result of such factors.
Key Players covered in this report are
- BioTelemetry Inc.
- Medtronic PLC
- Abbott Laboratories
- Koninklijke Philips N.V.
- Beijing Choice Electronic Technology Co. Ltd.
- iRhythm Technologies Inc.
- NUUBO Smart Solutions Technologies S.L.
- Qardio Inc.
- Mortara Instrument Inc.
- LivaNova PLC
- Cardiac Insight Inc.
Based on Product Type market is segmented into:
- Single-Lead Patch
- 3-Lead Patch
- Others
Based By End Use market is segmented into:
- Hospitals & Clinics
- Ambulatory Surgical Centers (ASCs)
- Home Care Settings
- Others
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Based on Region market is segmented into:
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Major Points covered in this report are as below:
- An analysis of Electrocardiogram (ECG) Patch Holter Monitor industry development trends and marketing channels, as well as an assessment of the feasibility of new investment projects, is presented in the study.
- In addition to providing key statistics on the industry, the report provides valuable guidance and direction for companies and individuals interested in this market through tables and figures.
- In addition to developing policies and plans, this report analyzes manufacturing processes and cost structures. It also provides information about import/export demand, costs, prices, revenues, and gross margins.
- This report provides information on the market status of Electrocardiogram (ECG) Patch Holter Monitor manufacturers and provides valuable insight into the market for companies and individuals.
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