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Wearable ECG Monitors Global Market Report 2023-2032: Industry Size, Share, Key Players, Demand And Forecast To 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Wearable ECG Monitors Global Market Report 2023 identifies increasing incidence of cardiovascular diseases as the major driver for the wearable ECG monitors market's growth in the forecast period. 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.
The global wearable ecg monitors market size will grow from $2.70 billion in 2022 to $3.29 billion in 2023 at a compound annual growth rate (CAGR) of 21.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global wearable ecg monitors market size is expected to grow to $7.26 billion in 2027 at a CAGR of 21.9%.
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Major competitors in the wearable ECG monitors market are Apple, GE Healthcare, Withings, Samsung, QardioCore, AliveCor, Fitbit, Welch Allyn, Philips Healthcare, and CardioNet.
A key trend in the wearable ECG monitors market includes non-invasive ambulatory rhythm monitoring. 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.
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The wearable ECG monitors market is segmented -
•By Type: Wired, Wireless
•By Application: Atrial fibrillation, Angina, Atherosclerosis, Cardiac dysrhythmia, Congestive heart failures (CHF), Coronary artery disease, Heart attack, Bradycardia, Tachycardia
•By Grade: Consumer, Clinical
•By Sales Channel: Online, Pharmacy
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Western Europe was the largest region in the wearable ECG monitors market.
The Business Research Company's "Global Wearable ECG Monitors Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Wearable ECG Monitors Market Include:
1. Executive Summary
2. Wearable ECG Monitors Market Characteristics
3. Wearable ECG Monitors Market Trends And Strategies
4. Wearable ECG Monitors Market - Macro Economic Scenario
5. Wearable ECG Monitors Market Size And Growth
……
26. Africa Wearable ECG Monitors Market
27. Wearable ECG Monitors Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Wearable ECG Monitors Market
29. Wearable ECG Monitors Market Future Outlook and Potential Analysis
30. Appendix
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