India Ecg Patch And Holter Monitor Market Size & Outlook
- MedTech
- Cardiovascular Devices
- ECG Patch And Holter Monitor Market Outlook
- Cardiovascular Devices
India Ecg Patch And Holter Monitor Market, 2018-2030 (US$M)
Global Market
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India ecg patch and holter monitor market highlights
- The India ecg patch and holter monitor market generated a revenue of USD 10.4 million in 2022 and is expected to reach USD 47.1 million by 2030.
- The India market is expected to grow at a CAGR of 20.8% 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 10.4 million |
| Market revenue in 2030 | USD 47.1 million |
| Growth rate | 20.8% (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, India accounted for 0.9% 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 Asia Pacific, China ecg patch and holter monitor market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 47.1 million by 2030.
Growing geriatric population, increase in the incidence of heart rhythm disorders & AFib, product innovations & launches, and availability of skilled personnel are likely to drive the Indian ECG patch and Holter monitor market.
An increase in awareness about innovative diagnostic ECG devices, availability of quality services, and collaborations between hospitals & institutes to expand e-learning programs & management systems for medical professionals are also likely to drive growth.
For instance, in 2015, the American College of Cardiology collaborated with Apollo Hospitals in India to provide guidelines to physicians through Apollo's Medvarsity e-learning program, which was India's first medical e-learning venture.
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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 |
India 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 53.85% in 2022.
Horizon Databook has segmented the India ecg patch and holter monitor market based on ecg patch, holter monitors covering the revenue growth of each sub-segment from 2018 to 2030.
Growing geriatric population, increase in the incidence of heart rhythm disorders & AFib, product innovations & launches, and availability of skilled personnel are likely to drive the Indian ECG patch and Holter monitor market.
An increase in awareness about innovative diagnostic ECG devices, availability of quality services, and collaborations between hospitals & institutes to expand e-learning programs & management systems for medical professionals are also likely to drive growth.
For instance, in 2015, the American College of Cardiology collaborated with Apollo Hospitals in India to provide guidelines to physicians through Apollo's Medvarsity e-learning program, which was India's first medical e-learning venture.
- India Ecg Patch And Holter Monitor Market Product Outlook (Revenue, USD Million , 2018-2030)
- ECG Patch
- Holter Monitors
- India Ecg Patch And Holter Monitor Market Application Outlook (Revenue, USD Million , 2018-2030)
- Diagnostics
- Monitoring
- India 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 India ECG Patch And Holter Monitor Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into India ECG Patch And Holter Monitor Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
India Ecg Patch And Holter Monitor Market, 2018-2030 (US$M)
India ecg patch and holter monitor market statistics, by product, 2018-2030 (US$M)
