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How has the ecg patch and holter monitor market size evolved in recent years?

The ECG patch and holter monitor market has grown rapidly in recent years. It will grow from $1.44 billion in 2024 to $1.65 billion in 2025, reflecting a CAGR of 14.6%. The growth is attributed to technological advancements, a higher incidence of cardiovascular diseases, a growing geriatric population, the shift to ambulatory and home healthcare, and increased healthcare expenditure.

What are the predictions for the ecg patch and holter monitor market size in the coming years?

The ECG patch and Holter monitor market is forecasted to reach $2.82 billion by 2029, with a CAGR of 14.4%. Growth is fueled by an aging population, awareness campaigns, wearable technology adoption, regulatory approvals, and home healthcare trends. Trends will include wearable technology adoption, sensor advancements, cardiovascular disease rise, and telemedicine.

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What key factors are fueling the growth of the ecg patch and holter monitor market?

The rising incidence of cardiovascular disorders is expected to drive the growth of the ECG patch and Holter monitor market. Cardiovascular disorders, such as heart attacks, strokes, and arrhythmias, are on the rise due to increasing sedentary lifestyles, poor diets, and aging populations. ECG patches and Holter monitors help diagnose and monitor heart conditions. In January 2024, the American Heart Association reported a slight increase in cardiovascular-related deaths, which indicates that the growth in cardiovascular disorders will fuel the demand for ECG patches and Holter monitors.

How is the global ecg patch and holter monitor market divided into key segments?

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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Who are the key firms paving the way for 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

Which trends are expected to transform the ecg patch and holter monitor market?

Companies in the ECG patch and Holter monitor market are focusing on AI-enabled ECG patches to improve cardiac monitoring. In August 2022, SmartCardia SA introduced the 7L Cardiac Monitoring Patch, which combines AI with wearable ECG technology for real-time arrhythmia detection. The patch offers predictive health insights and has received CE Class IIa certification.

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What regions are contributing significantly to the growth of the ecg patch and holter monitor market?

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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