2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What Drivers Are Shaping the Growth and Development of theECG Patch And Holter Monitor Market?

The increase in cases of cardiovascular diseases is anticipated to boost the expansion of the ECG patch and holter monitor market. These heart-related disorders, which include conditions like coronary artery disease, heart failure, arrhythmias, and hypertension, affect the heart and blood vessels and can result in severe health issues like heart attacks and strokes. The growth in these disorders can be attributed to an increase in risk factors such as inactive lifestyles, poor nutrition, obesity, and an aging population. ECG patches and Holter monitors play a crucial role in these disorders by providing continuous heart rhythm monitoring to identify and diagnose arrhythmias and other cardiac irregularities. The American Heart Association reported in January 2024 that the year saw a minor increase in the total number of deaths in the cardiovascular field, reaching 931,578 – a marginal rise of 3,000 deaths from previous year’s count of 928,741. Consequently, the escalating prevalence of cardiovascular diseases is stimulating the growth of the ECG patch and holter monitor market.

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#What is the Anticipated CAGR of theECG Patch And Holter Monitor Market, and What Factors Will Drive It?

In recent years, the market size for the ECG patch and holter monitor has seen substantial growth. Projections indicate that this market will further expand from $1.44 billion in 2024 to about $1.65 billion in 2025, representing a compound annual growth rate (CAGR) of 14.6%. Factors contributing to the growth during the historical period include breakthroughs in technology, an increased prevalence of cardiovascular diseases, an aging population, a shift towards outpatient and home health care, as well as an increase in healthcare expenditure.

In the coming years, the market size for ECG patch and holter monitors is predicted to expand rapidly, increasing to a value of $2.82 billion by 2029, with a compound annual growth rate (CAGR) of 14.4%. The growth throughout this forecasted period can be credited to factors such as an increase in the elderly population, heightened awareness and screening programs, the acceptance of wearable technology, regulatory approval, along with trends in home healthcare. The forecasted period will also witness significant trends including a rise in the uptake of wearable technology, the advancements in sensor technology, an escalated incidences of cardiovascular diseases, and the adoption of telemedicine and remote monitoring.

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Which Cutting-Edge Market Trends Are Expected to Drive theECG Patch And Holter Monitor Market’s Growth?

Leading firms in the ECG patch and holter monitor market are shifting their focus towards the development of cutting-edge sensors such as artificial intelligence (AI)-enabled ECG patches, to maintain their competitive edge. AI-enabled ECG patches are sophisticated, wearable devices that marry electrocardiogram technologies with artificial intelligence. These devices continuously track heart rhythms and provide real-time data analysis, enabling the early and precise identification of cardiac irregularities, thus improving the quality and effectiveness of cardiovascular care. For example, SmartCardia SA, a Swiss medical device company, unveiled its groundbreaking 7L Cardiac Monitoring Patch in August 2022. This groundbreaking device is set to transform patient monitoring in cardiac care. The innovative patch merges medical wearable technology and artificial intelligence, offering personalized health predictions and insights via remote monitoring. The 7L patch, which is CE Class IIa certified, employs an advanced AI system that was developed from several million ECG segments analyzed by cardiology experts and certified technicians, allowing for critical arrhythmia events to be detected in real time with the accuracy of a cardiologist.

What Are the Leading Market Players Impacting theECG Patch And Holter Monitor Market’s Growth Trend?

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

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How Are the Key Segments of the ECG Patch And Holter Monitor Market Driving Opportunities and Innovations?

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

Subsegments:

1) By Electrocardiogram (Ecg) Patch: Wearable Ecg Patches For Continuous Monitoring, Wireless Ecg Patches, Multi-Lead Ecg Patches, Ecg Patches For Arrhythmia Detection, Disposable Ecg Patches, Reusable Ecg Patches

2) By Holter Monitors: 24-Hour Holter Monitors, 48-hour Holter Monitors, 7-day Holter Monitors, Wireless Holter Monitors, Mobile Holter Monitoring Devices, Holter Monitors With Real-Time Data Transmission

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What Regions Are At the Forefront of #What Drivers Are Shaping the Growth and Development of theECG Patch And Holter Monitor Market?# Market Expansion?

North America was the largest region in the ECG patch and holter monitor market in 2023. The regions covered in the ECG patch and holter monitor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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