Germany Ecg Patch And Holter Monitor Market Size & Outlook
- MedTech
- Cardiovascular Devices
- ECG Patch And Holter Monitor Market Outlook
- Cardiovascular Devices
Germany Ecg Patch And Holter Monitor Market, 2018-2030 (US$M)
Global Market
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Germany ecg patch and holter monitor market highlights
- The Germany ecg patch and holter monitor market generated a revenue of USD 61.6 million in 2022 and is expected to reach USD 215.1 million by 2030.
- The Germany market is expected to grow at a CAGR of 16.9% 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 61.6 million |
| Market revenue in 2030 | USD 215.1 million |
| Growth rate | 16.9% (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, Germany accounted for 5.2% 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 Europe, Germany ecg patch and holter monitor market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 85.8 million by 2030.
Germany is expected to witness increasing demand for ECG patch & Holter monitor market. This can be attributed to increasing geriatric population, high healthcare expenditure, availability of advanced devices, and growing adoption of Holter & ECG management systems.
A Holter monitoring system assists in identifying arrhythmias that take place during certain activities, such as exercise, bowel movements, sleeping, eating, and due to stress. It has been estimated that the elderly population (aged 75 or more) will increase from 7% of the total population
According to WHO, Germany ranks eighth in rate of heart disease-related deaths among OECD countries. Men are at a higher risk of death when compared with women. Introduction of advanced products and funding from investors are anticipated to boost market growth.
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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 |
Germany 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 59.09% in 2022.
Horizon Databook has segmented the Germany ecg patch and holter monitor market based on ecg patch, holter monitors covering the revenue growth of each sub-segment from 2018 to 2030.
Germany is expected to witness increasing demand for ECG patch & Holter monitor market. This can be attributed to increasing geriatric population, high healthcare expenditure, availability of advanced devices, and growing adoption of Holter & ECG management systems.
A Holter monitoring system assists in identifying arrhythmias that take place during certain activities, such as exercise, bowel movements, sleeping, eating, and due to stress. It has been estimated that the elderly population (aged 75 or more) will increase from 7% of the total population
According to WHO, Germany ranks eighth in rate of heart disease-related deaths among OECD countries. Men are at a higher risk of death when compared with women. Introduction of advanced products and funding from investors are anticipated to boost market growth.
- Germany Ecg Patch And Holter Monitor Market Product Outlook (Revenue, USD Million , 2018-2030)
- ECG Patch
- Holter Monitors
- Germany Ecg Patch And Holter Monitor Market Application Outlook (Revenue, USD Million , 2018-2030)
- Diagnostics
- Monitoring
- Germany 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 Germany ECG Patch And Holter Monitor Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Germany ECG Patch And Holter Monitor Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Germany Ecg Patch And Holter Monitor Market, 2018-2030 (US$M)
Germany ecg patch and holter monitor market statistics, by product, 2018-2030 (US$M)
