ECG Sensor Patch Market Analysis (2020-2027)
ECG sensor patch is a diagnostic tool used by the clinicians for early detection of atrial fibrillation and to ensure timely treatment for such patients. The wearable patch continuously record the ECG of user, which aids in arrhythmia detection and management at the point of care. It also acts as triggering alarm for the cardiac patient about the stress levels and thus increasing the patient compliance.
Market Dynamics
Increasing product launches by market players is a major factor driving global ECG sensor patch market growth. For instance, in January 2019, Lief Therapeutics launched a newly developed smart patch at the Consumer Electronics Show. The patch allows users to easily detect, manage, and treat stress in real-time using haptic biofeedback technology.
Furthermore, inorganic strategies adopted by key players for enhancing their distribution network and offering best products in the market is expected to drive the market growth. For instance, in November 2018, Cardiac Insight, Inc. collaborated with VivoSense to deliver enhanced analytics to expand use of wearable cardiac sensors in clinical trials and other healthcare applications. Similarly, in November 2018, AliveCor, Inc. and C. ILLIES & CO., a distribution partner for technology innovators in Asia, entered into new distribution agreement to launch AliveCor Mobile ECG in Hong Kong and Macau.
Key features of the study:
· This report provides in-depth analysis of the ECG sensor patch market and provides market size (US$ million) and compound annual growth rate (CAGR %) for the forecast period (2018–2026), considering 2017 as the base year
· It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
· This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategy adopted by key players
· It profiles key players in the global ECG sensor patch market based on the following parameters – company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, strategies, and future plans
· Key companies covered as a part of this study include Medtronic Plc., Hill-Rome Holdings, Inc., iRhythm Technologies, Inc., AliveCor, Inc., Vivalnk, Inc., Cardiac Insight Inc., VitalConnect, LifeSignals, Inc., and Lief Therapeutics
· Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, technology up-gradation, market expansion, and marketing tactics.
· The global ECG sensor patch Market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
· Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global ECG sensor patch market
Detailed Segmentation:
· Global ECG Sensor Patch Market, By Product Type:
o Hardware
o Software
· Global ECG Sensor Patch Market, By Application:
o Monitoring
o Diagnostics
· Global ECG Sensor Patch Market, By End User:
o Healthcare
o Fitness and Sports
· Global ECG Sensor Patch Market, By Region:
o North America
§ By Product Type:
§ Hardware
§ Software
§ By Application:
§ Monitoring
§ Diagnostics
§ By End User:
§ Healthcare
§ Fitness and Sports
§ By Country:
§ U.S.
§ Canada
o Latin America
§ By Product Type:
§ Hardware
§ Software
§ By Application:
§ Monitoring
§ Diagnostics
§ By End User:
§ Healthcare
§ Fitness and Sports
§ By Country:
§ Brazil
§ Mexico
§ Argentina
§ Rest of Latin America
o Europe
§ By Product Type:
§ Hardware
§ Software
§ By Application:
§ Monitoring
§ Diagnostics
§ By End User:
§ Healthcare
§ Fitness and Sports
§ By Country:
§ Germany
§ U.K.
§ France
§ Italy
§ Spain
§ Russia
§ Rest of Europe
o Asia Pacific
§ By Product Type:
§ Hardware
§ Software
§ By Application:
§ Monitoring
§ Diagnostics
§ By End User:
§ Healthcare
§ Fitness and Sports
§ By Country:
§ China
§ India
§ Japan
§ Australia
§ South Korea
§ ASEAN
§ Rest of Asia Pacific
o Middle East
§ By Product Type:
§ Hardware
§ Software
§ By Application:
§ Monitoring
§ Diagnostics
§ By End User:
§ Healthcare
§ Fitness and Sports
§ By Country/Region:
§ GCC
§ Israel
§ Rest of Middle East
o Africa
§ By Product Type:
§ Hardware
§ Software
§ By Application:
§ Monitoring
§ Diagnostics
§ By End User:
§ Healthcare
§ Fitness and Sports
§ By Country/Region:
§ South Africa
§ Central Africa
§ North Africa
· Company Profiles
o Medtronic Plc.*
§ Company Overview
§ Product Portfolio
§ Financial Performance
§ Key Highlights
§ Market Strategies
o Hill-Rome Holdings, Inc.
o iRhythm Technologies, Inc.
o AliveCor, Inc.
o Vivalnk, Inc.
o Cardiac Insight Inc.
o VitalConnect
o LifeSignals, Inc.
o Lief Therapeutics
“*” marked represents similar segmentation in other categories in the respective section.
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