Holter Monitor and ECG Patch Market Insights
The ECG Patch and Holter Monitor market will witness high growth between the forecast period (2020-2026). The Holter monitor in simpler terms is a battery-run device that monitors the heart’s activity. The ECG patch is a rechargeable, easily wearable, totally reusable, and waterproof device. The ECG patch is biodegradable and is cheap to use. The rising aging population in Central American countries, Asia-Pacific, and also cardiac arrest cases among the old population will put demand-side pressure on the ECG patches and monitors. The Holter monitor ECG detects unusual heartbeats. The ECG wearables are slowly changing the dynamics of the health industry. The rate of adoption of ECG solutions is increasing given the insurer reimbursement available for these ECG wearables and the availability of wider choices. Due to the pandemic, the resources have shifted to treat COVID-19 patients which can deter this market growth.
ECG Patch and Holter Monitor Market: By Product
Given by the products, the market is split into a portable holder and an ECG patch. The portable holder device is designed to provide complete ECG signal, data, and analysis of the heart rhythms. Its convenience is leading it’s high use in the home setting as well. Also, these devices enable the clinicians to expand their study and diagnosis. Such benefits would lead to high market demand for these devices. The ECG patch is also subject to high growth due to its low operating cost and environmentally safe features.
ECG Patch and Holter Monitor Market: By Application
Given the application, the market is analyzed into diagnostics and monitoring. The diagnostic solutions will continue to have market dominance owing to multiple factors. The data enabled ECG diagnostic solutions helps the doctor to make informed decisions and faster diagnosis of the diseases. The increased rate of chronic and cardiovascular diseases will also put extra demand pressure on effective diagnostic solutions. The monitoring segment will grow in an upward fashion in this market. The ECG patch as a monitoring device enables the accurate detection of heart rhythms and has a competitive edge over the Holter monitor due to advancement in the technological space.
ECG Patch and Holter Monitor Market: By End Use
Based on the end-user, the market is split into hospitals & clinics, ambulatory centers, and others. The ambulatory centers will record an upward growth trend in this market due to the growing diagnostic solutions, and increasing advancements in the ECG monitoring. The hospital and clinics are poised to hold a major chunk of the market because of the easy availability of the medical devices and huge funding from the government to conduct research and clinical trials.
ECG Patch and Holter Monitor Market: By Region
The region segment comprises to Asia-Pacific, North America, Europe, the Middle East & Africa, and CSA. The European region will lead the market growth between the forecast period. Planned budget for healthcare, EU funding for ECG run centers, and advanced health care facilities in the region will lead to high market growth. North America too would become a pioneer in this market due to ongoing innovations and product launches in the region.
ECG Patch and Holter Monitor: Competitive Analysis
Some of the key players operating in the market include Hemodynamics Company, ACS Diagnostics Holter Monitoring Services, BioTelemetry, BC Biomedical laboratories, Cardio Link, cardio Labs, DMS Service, First Call Medical Inc, Holter Care, Lab Corp, Remote Cardiac Services, Rhythm Watch LLC, United Cardiac Service, iRhythm Technologies
Please note: This is not an exhaustive list of companies profiled in the report.
In December 2019, Glanum developed a customer-friendly ECG patch which is supported by EU’s funding.
Check the Press Release on Global ECG Patch and Holter Monitor Market Report
ECG Patch & Holter Monitor Market: By Product
- Introduction
- ECG Patch & Holter Monitor Market, By Product, 2018-2026 (USD Million)
- Portable Holder
- Portable Holder: ECG Patch & Holter Monitor Market, 2018-2026 (USD Million)
- ECG Patch
- ECG Patch: ECG Patch & Holter Monitor Market, 2018-2026 (USD Million)
ECG Patch & Holter Monitor Market: By Application
- Introduction
- ECG Patch & Holter Monitor Market, By Application, 2018-2026 (USD Million)
- Diagnostics
- Diagnostics: ECG Patch & Holter Monitor Market, 2018-2026 (USD Million)
- Monitoring
- Monitoring: ECG Patch & Holter Monitor Market, 2018-2026 (USD Million)
ECG Patch & Holter Monitor Market: By End User
- Introduction
- ECG Patch & Holter Monitor Market, By End User, 2018-2026 (USD Million)
- Ambulatory centers
- Ambulatory centers: ECG Patch & Holter Monitor Market, 2018-2026 (USD Million)
- Hospitals and Clinics
- Hospitals and Clinics: ECG Patch & Holter Monitor Market, 2018-2026 (USD Million)
- Others
- Others: ECG Patch & Holter Monitor Market, 2018-2026 (USD Million)
ECG Patch & Holter Monitor Market: By Region
- Introduction
- Global ECG Patch & Holter Monitor Market, Regional Analysis, 2018-2026 (USD Million)
- North America
- North America ECG Patch & Holter Monitor Market, Regional Analysis, 2018-2026 (USD Million)
- By Product
- North America ECG Patch & Holter Monitor Market, By Product, 2018-2026 (USD Million)
- By End User
- North America ECG Patch & Holter Monitor Market, By End User, 2018-2026 (USD Million)
- By Application
- North America ECG Patch & Holter Monitor Market, By Application, 2018-2026 (USD Million)
- By Country
- U.S.
- By Product
- U.S ECG Patch & Holter Monitor Market, By Product, 2018-2026 (USD Million)
- By End User
- U.S ECG Patch & Holter Monitor Market, By End User, 2018-2026 (USD Million)
- By Application
- U.S ECG Patch & Holter Monitor Market, By Application, 2018-2026 (USD Million)
- Canada.
- By Product
- Canada ECG Patch & Holter Monitor Market, By Product, 2018-2026 (USD Million)
- By End User
- Canada ECG Patch & Holter Monitor Market, By End User, 2018-2026 (USD Million)
- By Application
- Canada ECG Patch & Holter Monitor Market, By Application, 2018-2026 (USD Million)
- Mexico
- By Product
- Mexico ECG Patch & Holter Monitor Market, By Product, 2018-2026 (USD Million)
- By End User
- Mexico ECG Patch & Holter Monitor Market, By End User, 2018-2026 (USD Million)
- By Application
- Mexico ECG Patch & Holter Monitor Market, By Application, 2018-2026 (USD Million)
- Europe
- Europe ECG Patch & Holter Monitor Market, Regional Analysis, 2018-2026 (USD Million)
- By Product
- Europe ECG Patch & Holter Monitor Market, By Product, 2018-2026 (USD Million)
- By End User
- Europe ECG Patch & Holter Monitor Market, By End User, 2018-2026 (USD Million)
- By Application
- Europe ECG Patch & Holter Monitor Market, By Application, 2018-2026 (USD Million)
- By Country
- Germany
- By Product
- Germany ECG Patch & Holter Monitor Market, By Product, 2018-2026 (USD Million)
- By End User
- Germany ECG Patch & Holter Monitor Market, By End User, 2018-2026 (USD Million)
- By Application
- Germany ECG Patch & Holter Monitor Market, By Vertical, 2018-2026 (USD Million)
- UK
- By Product
- UK ECG Patch & Holter Monitor Market, By Product, 2018-2026 (USD Million)
- By End User
- UK ECG Patch & Holter Monitor Market, By End User, 2018-2026 (USD Million)
- By Application
- UK ECG Patch & Holter Monitor Market, By Application, 2018-2026 (USD Million)
- France
- By Product
- France ECG Patch & Holter Monitor Market, By Product, 2018-2026 (USD Million)
- By End User
- France ECG Patch & Holter Monitor Market, By End User, 2018-2026 (USD Million)
- By Application
- France ECG Patch & Holter Monitor Market, By Application, 2018-2026 (USD Million)
- Italy
- By Product
- Italy ECG Patch & Holter Monitor Market, By Product, 2018-2026 (USD Million)
- By End User
- Italy ECG Patch & Holter Monitor Market, By End User, 2018-2026 (USD Million)
- By Application
- Italy ECG Patch & Holter Monitor Market, By Application, 2018-2026 (USD Million)
- Spain
- By Product
- Spain ECG Patch & Holter Monitor Market, By Product, 2018-2026 (USD Million)
- By End User
- Spain ECG Patch & Holter Monitor Market, By End User, 2018-2026 (USD Million)
- By Application
- Spain ECG Patch & Holter Monitor Market, By Application, 2018-2026 (USD Million)
- Rest Of Europe
- By Product
- Rest Of Europe ECG Patch & Holter Monitor Market, By Product, 2018-2026 (USD Million)
- By End User
- Rest Of Europe ECG Patch & Holter Monitor Market, By End User, 2018-2026 (USD Million)
- By Application
- Rest Of Europe ECG Patch & Holter Monitor Market, By Application, 2018-2026 (USD Million)
- Asia Pacific
- Asia Pacific ECG Patch & Holter Monitor Market, Regional Analysis, 2018-2026 (USD Million)
- By Product
- Asia Pacific ECG Patch & Holter Monitor Market, By Product, 2018-2026 (USD Million)
- By End User
- Asia Pacific ECG Patch & Holter Monitor Market, By End User, 2018-2026 (USD Million)
- By Application
- Asia Pacific ECG Patch & Holter Monitor Market, By Application, 2018-2026 (USD Million)
- By Country
- China
- By Product
- China ECG Patch & Holter Monitor Market, By Product, 2018-2026 (USD Million)
- By End User
- China ECG Patch & Holter Monitor Market, By End User, 2018-2026 (USD Million)
- By Application
- China ECG Patch & Holter Monitor Market, By Application, 2018-2026 (USD Million)
- Japan
- By Product
- Japan ECG Patch & Holter Monitor Market, By Product, 2018-2026 (USD Million)
- By End User
- Japan ECG Patch & Holter Monitor Market, By End User, 2018-2026 (USD Million)
- By Application
- Japan ECG Patch & Holter Monitor Market, By Application, 2018-2026 (USD Million)
- India
- By Product
- India ECG Patch & Holter Monitor Market, By Product, 2018-2026 (USD Million)
- By End User
- India ECG Patch & Holter Monitor Market, By End User, 2018-2026 (USD Million)
- By Application
- India ECG Patch & Holter Monitor Market, By Application, 2018-2026 (USD Million)
- South Korea
- By Product
- South Korea ECG Patch & Holter Monitor Market, By Product, 2018-2026 (USD Million)
- By End User
- South Korea ECG Patch & Holter Monitor Market, By End User, 2018-2026 (USD Million)
- By Application
- South Korea ECG Patch & Holter Monitor Market, By Application, 2018-2026 (USD Million)
- Rest Of APAC
- By Product
- Rest Of APAC ECG Patch & Holter Monitor Market, By Product, 2018-2026 (USD Million)
- By End User
- Rest Of APAC ECG Patch & Holter Monitor Market, By End User, 2018-2026 (USD Million)
- By Application
- Rest Of APAC ECG Patch & Holter Monitor Market, By Application, 2018-2026 (USD Million)
- Central & South America
- Central & South America ECG Patch & Holter Monitor Market, Regional Analysis, 2018-2026 (USD Million)
- By Product
- Central & South America ECG Patch & Holter Monitor Market, By Product, 2018-2026 (USD Million)
- By End User
- Central & South America ECG Patch & Holter Monitor Market, By End User, 2018-2026 (USD Million)
- By Application
- Central & South America ECG Patch & Holter Monitor Market, By Application, 2018-2026 (USD Million)
- By Country
- Brazil
- By Product
- Brazil ECG Patch & Holter Monitor Market, By Product, 2018-2026 (USD Million)
- By End User
- Brazil ECG Patch & Holter Monitor Market, By End User, 2018-2026 (USD Million)
- By Application
- Brazil ECG Patch & Holter Monitor Market, By Application, 2018-2026 (USD Million)
- Middle East & Africa
- Middle East & Africa ECG Patch & Holter Monitor Market, Regional Analysis, 2018-2026 (USD Million)
- By Product
- Middle East & Africa ECG Patch & Holter Monitor Market, By Product, 2018-2026 (USD Million)
- By End User
- Middle East & Africa ECG Patch & Holter Monitor Market, By End User, 2018-2026 (USD Million)
- By Application
- Middle East & Africa ECG Patch & Holter Monitor Market, By Application, 2018-2026 (USD Million)
- By Country
- Saudi Arabia
- By Product
- Saudi Arabia ECG Patch & Holter Monitor Market, By Product, 2018-2026 (USD Million)
- By End User
- Saudi Arabia ECG Patch & Holter Monitor Market, By End User, 2018-2026 (USD Million)
- By Application
- Saudi Arabia ECG Patch & Holter Monitor Market, By Application, 2018-2026 (USD Million)
- UAE
- By Product
- UAE ECG Patch & Holter Monitor Market, By Product, 2018-2026 (USD Million)
- By End User
- UAE ECG Patch & Holter Monitor Market, By End User, 2018-2026 (USD Million)
- By Application
- UAE ECG Patch & Holter Monitor Market, By Application, 2018-2026 (USD Million)
The Global ECG Patch and Holter Monitor Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the ECG Patch and Holter Monitor Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.