Canada Ecg Patch And Holter Monitor Market Size & Outlook

The ecg patch and holter monitor market in Canada is expected to reach a projected revenue of US$ 193.1 million by 2030. A compound annual growth rate of 26% is expected of Canada ecg patch and holter monitor market from 2023 to 2030.
Revenue, 2022 (US$M)
$30.4
Forecast, 2030 (US$M)
$193.1
CAGR, 2023 - 2030
26%
Report Coverage
Canada

Canada ecg patch and holter monitor market highlights

  • The Canada ecg patch and holter monitor market generated a revenue of USD 30.4 million in 2022 and is expected to reach USD 193.1 million by 2030.
  • The Canada market is expected to grow at a CAGR of 26% from 2023 to 2030.
  • In terms of segment, ecg patch was the largest revenue generating product in 2022.
  • ECG Patch is the most lucrative product segment registering the fastest growth during the forecast period.


Ecg patch and holter monitor market data book summary

Market revenue in 2022USD 30.4 million
Market revenue in 2030USD 193.1 million
Growth rate26% (CAGR from 2022 to 2030)
Largest segmentEcg patch
Fastest growing segmentECG Patch
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationECG Patch, Holter Monitors
Key market players worldwideMedtronic PLC, Hill-Rom, IRhythm Technologies Inc, Nihon Kohden Corp, Koninklijke Philips NV, GE Aerospace, FUKUDA DENSHI USA Inc, Spacelabs Healthcare, MidMark Corporation, SCHILLER, Cardiac Insight, Nissha Medical Technologies, VitalConnect, LifeSignals, Nasiff Associates Inc, Lief Therapeutics


Other key industry trends

  • In terms of revenue, Canada accounted for 2.6% of the global ecg patch and holter monitor market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. ecg patch and holter monitor market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 193.1 million by 2030.

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ECG Patch And Holter Monitor Market Companies

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Canada ecg patch and holter monitor market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ecg patch and holter monitor market will help companies and investors design strategic landscapes.


Ecg patch was the largest segment with a revenue share of 60.53% in 2022. Horizon Databook has segmented the Canada ecg patch and holter monitor market based on ecg patch, holter monitors covering the revenue growth of each sub-segment from 2018 to 2030.


The Canadian ECG patch and Holter monitor market is expected to witness growth during the forecast period, which can be attributed to growing incidence of lifestyle diseases, rising prevalence of arrhythmia, growing awareness about wearable & real-time monitoring devices.

High adoption of wearable ECG patches & portable Holter at hospitals as well as ambulatory facilities, with better connectivity to ECG management systems, electronic medical records, & cardiovascular information systems. 

Furthermore, various product launches, technological advancements, and increase in geriatric population suffering from heart-related diseases are expected to boost the ECG patch and Holter monitors market.

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Horizon Databook provides a detailed overview of country-level data and insights on the Canada ecg patch and holter monitor market , including forecasts for subscribers. This country databook contains high-level insights into Canada ecg patch and holter monitor market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada ecg patch and holter monitor market size, by product, 2018-2030 (US$M)

Canada ECG Patch And Holter Monitor Market Outlook Share, 2022 & 2030 (US$M)

Canada ecg patch and holter monitor market size, by product, 2018-2030 (US$M)

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