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The ECG patch and holter monitor market size has been growing rapidly, with expectations to rise from $1.26 billion in 2023 to $1.44 billion in 2024, indicating a compound annual growth rate (CAGR) of 14.4%. This historical growth is driven by factors such as technological advancements, a rising incidence of cardiovascular diseases, an increasing geriatric population, a shift towards ambulatory and home healthcare, and rising healthcare expenditure. In the coming years, this market is projected to grow to $2.46 billion in 2028, with a CAGR of 14.5%. This anticipated growth can be attributed to an aging population, heightened awareness and screening programs, the adoption of wearable technology, regulatory approvals, and emerging home healthcare trends. Key trends likely to emerge include a greater adoption of wearable technology, advancements in sensor technology, an uptick in cardiovascular diseases, and the expansion of telemedicine and remote monitoring solutions.

The rising prevalence of cardiovascular disorders is driving the growth of the ECG patch and holter monitor market. Cardiovascular disorders, which include coronary artery disease, heart failure, arrhythmias, and hypertension, are on the rise due to factors such as sedentary lifestyles, poor diets, obesity, and aging populations. ECG patches and holter monitors are crucial for monitoring heart rhythm and diagnosing arrhythmias. According to the American Heart Association, cardiovascular-related deaths increased slightly in 2024, with 931,578 fatalities, up by 3,000 from the previous year.

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What Are The Key Trends That Influence ECG Patch And Holter Monitor Market Share Analysis?

Major companies in the ECG patch and Holter monitor market are increasingly developing advanced sensors, such as artificial intelligence (AI)-enabled ECG patches, to maintain their market position. AI-enabled ECG patches are sophisticated wearable devices that integrate electrocardiogram technology with artificial intelligence. They continuously monitor heart rhythms, analyze data in real-time, and provide precise early detection of cardiac abnormalities, enhancing cardiovascular care’s accuracy and efficiency. For example, in August 2022, SmartCardia SA, a Switzerland-based medical device company, launched the 7L Cardiac Monitoring Patch. This state-of-the-art device aims to revolutionize patient monitoring in cardiology. The advanced patch combines medical wearable technology with artificial intelligence to deliver predictive and personalized health insights through remote monitoring. The 7L patch, which has received CE Class IIa certification, employs a sophisticated AI platform developed from millions of ECG segments interpreted by cardiologists and certified technicians, enabling real-time detection of critical arrhythmia events with cardiologist-level accuracy.

Which Market Players Are Driving Growth In The ECG Patch And Holter Monitor Market?

Major companies operating in the ECG patch and holter monitor market are Medtronic plc, Philips Healthcare, GE HealthCare Technologies Inc., ZOLL Medical Corporation, Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Hill-Rom Holdings Inc., Nihon Kohden Corporation, Fukuda Denshi Co Ltd., Verily Life Sciences LLC, iRhythm Technologies Inc., CardioNet Inc., BPL Medical Technologies Private Limited, LifeWatch AG, AliveCor Inc., QardioI Inc., Applied Cardiac Systems(ACS) Diagnostics Inc., Bardy Diagnostics Inc., Cardiac Insight Inc., Tenovi Health, MediBioSense Ltd., Cardiologs Technologies SAS, Shimmer Sensing, Comarch Healthcare

How Is The Global ECG Patch And Holter Monitor Market Segmented?

The ECG patch and holter monitor market covered in this report is segmented –

1) By Product: Electrocardiogram (ECG) Patch, Holter Monitors
2) By Applications: Diagnostics, Monitoring
3) By End-User: Hospitals And Clinics, Ambulatory Facilities, Other End Users

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The ECG Patch And Holter Monitor Global Market Report 2024 provides an overview of the ecg patch and holter monitormarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The ecg patch and holter monitor market forecast analyzes ecg patch and holter monitor market size, ecg patch and holter monitor market share, leading competitor and their market positions.

The Table Of Content For The ECG Patch And Holter Monitor Market Include

1. ECG Patch And Holter Monitor Market Executive Summary
2. ECG Patch And Holter Monitor Market Segments
3. ECG Patch And Holter Monitor Market Size And Template Market Growth Rate
4.  Key ECG Patch And Holter Monitor Market Trends
5. Major ECG Patch And Holter Monitor Market Drivers
……
25. Key Mergers And Acquisitions In The ECG Patch And Holter Monitor Market
26. Top ECG Patch And Holter Monitor Companies
27. ECG Patch And Holter Monitor Market Opportunities And Strategies
28. ECG Patch And Holter Monitor Market, Conclusions And Recommendations
29. Appendix

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