Europe Ecg Patch And Holter Monitor Market Size & Outlook
Europe ecg patch and holter monitor market, 2018-2030 (US$M)
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Europe ecg patch and holter monitor market highlights
- The Europe ecg patch and holter monitor market generated a revenue of USD 237.3 million in 2022.
- The market is expected to grow at a CAGR of 17% from 2023 to 2030.
- In terms of segment, holter monitors was the largest revenue generating product in 2022.
- ECG Patch is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Italy is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 237.3 million |
| Market revenue in 2030 | USD 835.3 million |
| Growth rate | 17% (CAGR from 2022 to 2030) |
| Largest segment | Holter monitors |
| Fastest growing segment | ECG Patch |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | ECG Patch, Holter Monitors |
| Key market players worldwide | Medtronic 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, Europe region accounted for 19.9% of the global ecg patch and holter monitor market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 3,384.3 million by 2030.
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ECG Patch And Holter Monitor Market Scope
ECG Patch And Holter Monitor Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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.
Holter monitors was the largest segment with a revenue share of 59.21% in 2022. Horizon Databook has segmented the Europe 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 European ECG patch and Holter monitor market is likely to witness high growth due to the local presence of major market players, technological developments in wearable monitors for ambulatory monitoring, growing preference for portable ECG devices with disposable wires that are simply stuck on the patient's chest.
App-based ECG monitors. For instance, 2M Engineering Ltd. launched the VitaMove 2S ExG movement and ECG recorder in Europe. It consists of a 3-lead ECG Holter that measures heart rate events/trends and derivatives, such as Heart Rate Variability (HRV).
Furthermore, rising incidence of CVDs, growing geriatric population, and favorable regulatory conditions are expected to boost the market during the forecast period. In Europe, AFib is the most common cardiac arrhythmia in the general population and the leading cause of stroke, heart attack, and deaths.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe ecg patch and holter monitor market , including forecasts for subscribers. This continent databook contains high-level insights into Europe ecg patch and holter monitor market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe ecg patch and holter monitor market size, by country, 2018-2030 (US$M)
Europe ECG Patch And Holter Monitor Market Outlook Share, 2022 & 2030 (US$M)
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