The Wearable ECG Monitors by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Wearable ECG Monitors, The wearable ecg monitors market size has grown exponentially in recent years. It will grow from $3.29 billion in 2023 to $4.01 billion in 2024 at a compound annual growth rate (CAGR) of 21.7%. The growth in the historic period can be attributed to rising prevalence of atrial fibrillation, rising awareness among general population regarding health and fitness and a rapid growth in elderly population.
The wearable ecg monitors market size is expected to see exponential growth in the next few years. It will grow to $8.89 billion in 2028 at a compound annual growth rate (CAGR) of 22.0%. The growth in the forecast period can be attributed to increasing incidence of cardiovascular disease, increasing demand for non-invasive ambulatory rhythm monitoring and rapid technological advances initiatives will drive the market for wearable ecg monitors. Major trends in the forecast period include use of artificial intelligence, technological advancement in wearable ecg devices, technology and analytics in patient care, investment in wearables and mobile applications and advances in the use of cardiovascular monitoring technologies.
With the increasing incidence of cardiovascular diseases (CVD), there has been a growing interest in developing wearable devices that can continuously monitor cardiac activity. According to According to the Centers for Disease Control and Prevention, one person dies every 36 seconds in the USA from CVD. CVD account for nearly 836,546 deaths in the US alone. In 2020, about 697,000 people in the US died due to heart disease. Cardiovascular diseases that include abnormalities in heart rhythm such as atrial fibrillation, ventricular fibrillation, and atrioventricular block require long-term monitoring. Additionally, since the mortality rate is high in CVD patients, the need for wearable devices that enable continuous heart monitoring is critical. The increasing incidence of cardiovascular diseases is therefore driving the market for wearable ECG monitors for quick emergency response and earlier detection of heart malfunctioning.
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The wearable ecg monitors market covered in this report is segmented –
1) By Type: Wired, Wireless
2) By Application: Atrial Fibrillation, Atherosclerosis, Cardiac Dysrhythmia, Congestive Heart Failures (CHF), Coronary Artery Disease, Angina And Heart Attack, Bradycardia, Tachycardia
3) By Grade: Consumer, Clinical
4) By Sales Channel: Online, Pharmacy
Prolonged ambulatory rhythm monitoring is crucial for the diagnosis of intermittent arrhythmia. Conventional technologies for non-invasive rhythm monitoring include Holter monitoring or external cardiac event recorders. However, these traditional technologies have limitations in terms of low sensitivity, low diagnostic yield, and poor patient compliance. Although implantable cardiac monitors (ICMs) help in long-term monitoring, it is an invasive method as it requires minor surgery and is also associated with significant costs. Therefore, there is an increasing demand for non-invasive ambulatory rhythm monitoring. Smart clothing technology is a novel, alternative tool for non-invasive ambulatory rhythm monitoring.
The wearable ecg monitors market report table of contents includes:
- Executive Summary
- Wearable ECG Monitors Market Characteristics
- Wearable ECG Monitors Market Trends And Strategies
- Wearable ECG Monitors Market - Macro Economic Scenario
- Global Wearable ECG Monitors Market Size and Growth
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- Global Wearable ECG Monitors Market Competitive Benchmarking
- Global Wearable ECG Monitors Market Competitive Dashboard
- Key Mergers And Acquisitions In The Wearable ECG Monitors Market
- Wearable ECG Monitors Market Future Outlook and Potential Analysis
- Appendix
Top 5 Major Key Players Are:
- iRhythm Technologies, Inc
- Koninklijke Philips N.V (Philips healthcare)
- General Electric Company (GE Healthcare)
- Nihon Kohden Corporation
- Medtronic
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Wearable ECG Monitors Market:WiseGuyReports.com adds “Global Wearable ECG Monitors Market Size, Status and Forecast 2020-2030” reports to its database.Executive SummaryThe global wearable ECG monitors market is expected to decline from $1.58 billion in 2019 to 1.54 billion in 2020 at a compound annual growth rate (CAGR) of -2.68%.
The market is then expected to stabilize and reach $1150.7 billion in 2023 at CAGR of 30.67%.The wearable ECG monitor market consists of sales of ECG monitors embedded with optical sensors and designed to be affixed to a limb of human (patient) body to monitor physiological information anytime and anywhere.
An ECG provides data on the heart rate, the rhythm, the state of the conduction system and muscle tissue (heart attacks), and even the level of certain chemicals like potassium in the blood, and the effect of medication.North America was the largest region in the wearable ECG monitors market in 2019.
Asia-Pacific is expected to be the fastest growing region in the forecast period.Request Free Sample Report @ https://www.wiseguyreports.com/sample-request/5358017-wearable-ecg-monitors-global-market-report-2020-30Prolonged ambulatory rhythm monitoring is crucial for the diagnosis of intermittent arrhythmia.
Conventional technologies for non-invasive rhythm monitoring include Holter monitoring or external cardiac event recorders.
Smart clothing technology is a novel, alternative tool for non-invasive ambulatory rhythm monitoring.The wearable ECG monitors market covered in this report is segmented by type into wired, wireless and by application into atrial fibrillation, angina, atherosclerosis, cardiac dysrhythmia, congestive heart failures (CHF), coronary artery disease, heart attack, bradycardia, tachycardia.Wearable ECG monitors employ electrodes that contact the skin directly in order to monitor the health state and signal/trigger alarm to the care providers.
The Business Research Company published its Wearable ECG Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global wearable ECG market.
The report covers the wearable ECG market’s segments- by type: wired; wireless and by application: atrial fibrillation; angina; atherosclerosis; cardiac dysrhythmia; congestive heart failures (CHF); coronary artery disease; heart attack; bradycardia; tachycardia.View Complete Report: https://www.thebusinessresearchcompany.com/report/wearable-ecg-global-market-report Wearable ECG Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country.
It also compares the market’s historic and forecast growth.
It covers all the regions, key developed countries and major emerging markets.
It draws comparisons with country populations and economies to understand the importance of the market by country and how this is changing.
The Business Research Company’s latest report Wearable Blood Pressure Monitor Global Market Report 2020 covers Wearable Blood Pressure Monitor market drivers, Wearable Blood Pressure Monitor market trends, Wearable Blood Pressure Monitor market segments, Wearable Blood Pressure Monitor market growth rate, Wearable Blood Pressure Monitor market major players, and Wearable Blood Pressure Monitor market size.
The report provides in-depth analysis of the impact of COVID-19 on the Wearable Blood Pressure Monitor industry, along with revised market numbers due to the effects of the coronavirus.View Complete Report: https://www.thebusinessresearchcompany.com/report/wearable-blood-pressure-monitor-market-global-report-2020-covid-19-growth-and-changeWearable Blood Pressure Monitor Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market.
The chapter also covers markets which have been positively affected by the pandemic.Request For The Sample Now: https://www.thebusinessresearchcompany.com/sample.aspx?id=3189=smpThe global wearable blood pressure monitors market is expected to decline from $1.45 billion in 2019 to $1.42 billion in 2020 at a compound annual growth rate (CAGR) of -2.18%.
The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities.
The entire supply chain has been disrupted, impacting the market negatively.
