Saudi Arabia Ecg Patch And Holter Monitor Market Size & Outlook
Saudi Arabia ecg patch and holter monitor market, 2018-2030 (US$M)
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Saudi Arabia ecg patch and holter monitor market highlights
- The Saudi Arabia ecg patch and holter monitor market generated a revenue of USD 6.3 million in 2022 and is expected to reach USD 12.9 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 9.4% 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.
Ecg patch and holter monitor market data book summary
| Market revenue in 2022 | USD 6.3 million |
| Market revenue in 2030 | USD 12.9 million |
| Growth rate | 9.4% (CAGR from 2022 to 2030) |
| Largest segment | Holter monitors |
| Fastest growing segment | ECG Patch |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, Saudi Arabia accounted for 0.5% 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 Middle East & Africa, Saudi Arabia ecg patch and holter monitor market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 6.6 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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Saudi Arabia 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 52.38% in 2022. Horizon Databook has segmented the Saudi Arabia 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 Saudi Arabian ECG patch and Holter monitor market are expected to grow during the forecast period. Increasing investment in healthcare, high adoption of advanced technology in the hospitals & ambulatory centers, and growing awareness among the physicians & the patients about advanced ambulatory ECG monitoring devices are factors expected to drive growth.
In addition, the growing geriatric population, increase in the incidence of heart rhythm disorders & AFib, and increasing investments by global players are likely to drive the ECG patch and Holter monitor market in Saudi Arabia.
AFib is a common problem in the emergency departments and rheumatic valvular disease is the main cause of AFib in Saudi Arabia. However, stringent regulations by the government over wearable medical devices and the associated cost may hamper the market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia ecg patch and holter monitor market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia ecg patch and holter monitor market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia ecg patch and holter monitor market size, by product, 2018-2030 (US$M)
Saudi Arabia ECG Patch And Holter Monitor Market Outlook Share, 2022 & 2030 (US$M)
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