Brazil Ecg Patch And Holter Monitor Market Size & Outlook
- MedTech
- Cardiovascular Devices
- ECG Patch And Holter Monitor Market Outlook
- Cardiovascular Devices
Brazil Ecg Patch And Holter Monitor Market, 2018-2030 (US$M)
Global Market
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Brazil ecg patch and holter monitor market highlights
- The Brazil ecg patch and holter monitor market generated a revenue of USD 13.7 million in 2022 and is expected to reach USD 33.6 million by 2030.
- The Brazil market is expected to grow at a CAGR of 11.9% 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 13.7 million |
| Market revenue in 2030 | USD 33.6 million |
| Growth rate | 11.9% (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, Brazil accounted for 1.1% 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 Latin America, Brazil ecg patch and holter monitor market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 33.6 million by 2030.
Brazil accounted for a major market share of the Latin American ECG patch and the Holter monitor market in 2021. The dominance of the country can be attributed to the availability of various products in the local market, growing medical tourism due to quality services.
High incidence of AFib, and an increase in the approval of products. According to the Brazilian Stroke Network (BSN), stroke-affected around 400,000 Brazilians each year, out of which, 100,000 cases are fatal.
The free-trade agreement of Brazil with North America, Japan, and European countries is likely to propel the market. Major players operating in Brazil are GE Healthcare; Philips Healthcare; Hill-Rom Holdings, Inc.; and NIHON KOHDEN CORPORATION.
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ECG Patch And Holter Monitor Market Scope
ECG Patch And Holter Monitor Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Koninklijke Philips NV | View profile | 73,712 | Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC | www.philips.com |
| Medtronic PLC | View profile | 95,000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | www.medtronic.com |
| GE Aerospace | View profile | 125,000 | One Financial Center, Suite 3700, Boston, MA, United States, 02111 | www.geaerospace.com |
| Hill-Rom | View profile | 10001+ | Chicago, Illinois, United States, North America | www.hillrom.com/ |
| MidMark Corporation | View profile | 1001-5000 | Dayton, Ohio, United States, North America | www.midmark.com/ |
| Nihon Kohden Corp | View profile | 6,325 | 31-4 Nishiochiai 1-chome, Shinjuku-ku, Tokyo, Japan, 1618560 | www.nihonkohden.co.jp |
| SCHILLER | View profile | 501-1000 | Feldkirchen, Bayern, Germany, Europe | www.schillermed.de/ |
| Spacelabs Healthcare | View profile | 1001-5000 | Snoqualmie, Washington, United States, North America | www.spacelabshealthcare.com |
| FUKUDA DENSHI USA Inc | View profile | 1001-5000 | Redmond, Washington, United States, North America | fukuda.com |
| IRhythm Technologies Inc | View profile | 2,000 | 699 8th Street, Suite 600, San Francisco, CA, United States, 94103 | www.irhythmtech.com |
Brazil 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 Outlook will help companies and investors design strategic landscapes.
Holter Monitors was the largest segment with a revenue share of 70.8% in 2022.
Horizon Databook has segmented the Brazil ecg patch and holter monitor market based on ecg patch, holter monitors covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil accounted for a major market share of the Latin American ECG patch and the Holter monitor market in 2021. The dominance of the country can be attributed to the availability of various products in the local market, growing medical tourism due to quality services.
High incidence of AFib, and an increase in the approval of products. According to the Brazilian Stroke Network (BSN), stroke-affected around 400,000 Brazilians each year, out of which, 100,000 cases are fatal.
The free-trade agreement of Brazil with North America, Japan, and European countries is likely to propel the market. Major players operating in Brazil are GE Healthcare; Philips Healthcare; Hill-Rom Holdings, Inc.; and NIHON KOHDEN CORPORATION.
- Brazil Ecg Patch And Holter Monitor Market Product Outlook (Revenue, USD Million , 2018-2030)
- ECG Patch
- Holter Monitors
- Brazil Ecg Patch And Holter Monitor Market Application Outlook (Revenue, USD Million , 2018-2030)
- Diagnostics
- Monitoring
- Brazil Ecg Patch And Holter Monitor Market End-Use Outlook (Revenue, USD Million , 2018-2030)
- Hospitals & Clinics
- Ambulatory Facilities
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil ECG Patch And Holter Monitor Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Brazil ECG Patch And Holter Monitor Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Brazil Ecg Patch And Holter Monitor Market, 2018-2030 (US$M)
Brazil ecg patch and holter monitor market statistics, by product, 2018-2030 (US$M)
