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Wearable ECG Market 2020 by Key Players, Regions, By Type and By Application Analysis and Global Forecast To 2023 | Covid 19 Growth And Change
The Business Research Company offers "Wearable ECG Market Global Report 2020-30: Covid 19 Growth And Change" in its research report store. It 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, and highlights important trends and strategies that players in the market can adopt.The 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 decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to stabilize and reach $1150.7 billion in 2023 at CAGR of 30.67%.
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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. The market consists of revenues generated by establishments that are primarily engaged in the manufacturing of diagnostic wearable ECG monitors. An ECG records the tiny electrical signals that are generated by the beating of patient`s heart. 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.
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 American Heart Association statistical report (2018) on heart disease and stroke statistics, there are around 17.9 million deaths annually worldwide, and this number is expected to rise about 23.6 million by 2030. CVD account for nearly 836,546 deaths in the US alone. 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 a quick emergency response and earlier detection of heart malfunctioning
Wearable ECG Monitors Market Segmentation: -
By Type
Wired
Wireless
By Application
Atrial fibrillation
Angina
Atherosclerosis
Cardiac dysrhythmia
Congestive heart failures (CHF)
Coronary artery disease
Heart attack
Bradycardia
Tachycardia
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Few Points From Table Of Content
1. Executive Summary
2. Wearable ECG Monitors Market Characteristics
3. Wearable ECG Monitors Market Size And Growth
4. Wearable ECG Monitors Market Segmentation
5. Wearable ECG Monitors Market Regional And Country Analysis
......
25. Wearable ECG Monitors Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Wearable ECG Monitors Market
27. Wearable ECG Monitors Market Trends And Strategies
28. Wearable ECG Monitors Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the Wearable ECG Monitors Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the Wearable ECG Monitors Market are Apple, GE Healthcare, Withings, Samsung, QardioCore, AliveCor, Fitbit, Welch Allyn, Philips Healthcare, CardioNet
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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