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ECG sensor patch market is expected to reach USD 12.1 billion in 2018 at a CAGR of 25.4% during the
Posted: May 21, 2020
The ECG Sensor Patch Market is expected to reach USD 12.1 billion in 2018 at a CAGR of 25.4% during the forecast period. Key players within the market are focused on product launch and merchandise approval, so as to deal with the critical unmet needs of cardiac patients. This clearance extends the wear and tear duration of its wearable biosensor, VitalPatch, by four days to 5 days. Furthermore, in January 2019, Lief Therapeutics launched a newly developed smart patch at the buyer Electronics Show. The patch allows users to simply detect, manage, and treat stress in real-time using haptic biofeedback technology. Moreover, rising investment and funding by market players and other organizations is predicted to spice up the market growth.
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According to the report, ECG sensor patch market report highlights market opportunities and competitive scenarios for ECG sensor patch on a regional and global basis. Market size estimation and forecasts have been provided based on a unique research design customized to the dynamics of the ECG sensor patch market.
The ECG sensor patch market has been segmented by product type (hardware and software), application (monitoring and diagnostics), end user (healthcare and fitness & sports). Historic back-drop for the ECG sensor patch market has been analyzed according to organic and inorganic developments to provide precise market size estimations. Also, key factors impacting the growth of the ECG sensor patch market have been identified with potential gravity.
Regional segmentation and analysis to understand growth patterns:
The market has been segmented in major regions to understand the global development and demand patterns of this market.
North America, Western Europe, and the Asia Pacific by region are estimated to dominate the ECG sensor patch marketing the forecast period. These regions have been market leaders for the overall healthcare sector in terms of technological developments and advanced medical treatments. Moreover, government policies have been favorable for the growth of the healthcare infrastructure in these regions. North America and Western Europe have an established healthcare infrastructure for product innovations and early adaptations. This is expected to drive the demand for the ECG sensor patch market.
The US, Germany, France, UK, Canada, and Spain have been some of the major markets in the region. Asia Pacific is estimated to register one of the highest CAGR for the ECG sensor patch market during the forecast period. This region has witnessed strategic investments by global companies to cater to the growing demand in recent years. China, Japan, India, South Korea, and Australia are amongst some of the key countries for ECG sensor patch marketing in the region. Other regions including the Middle East, Eastern Europe, and Rest of the World (South America and Africa) are estimated to be emerging markets for ECG sensor patch marketing the forecast period.
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This report provides:
- An overview of the global market for ECG sensor patch market and related technologies.
- Analysis of global market trends, yearly estimates and annual growth rate projections for compounds (CAGRs).
- Identification of new market opportunities and targeted consumer marketing strategies for the global ECG sensor patch market.
- Analysis of R&D and demand for new technologies and new applications
- Extensive company profiles of key players in the industry.
The researchers have studied the market in-depth and have developed important segments such as product type, application and region. Each and every segment and its sub-segments are analyzed based on their market share, growth prospects and CAGR. Each market segment offers in-depth, both qualitative and quantitative information on market outlook.
Company profiled in this report based on Business overview, Financial data, Product landscape,Strategic outlook & SWOT analysis:
- Abbott, Dexcom, Inc.
- Frontier Smart Technologies Group Ltd.
- HIVOX BIOTEK INC.
- Hocoma, iRhythm Technologies, Inc
- Isansys Lifecare Ltd.
- Kenzen, Inc.
- Medtronic plc
- MTG Co.,Ltd.
- NanoSonic, Inc.
- Nemaura Medical Inc.
- Preventice Solutions, Inc.
- Sensium Healthcare Ltd.
- Texas Instruments Incorporated
- VitalConnect
- X2 Biosystems Inc.
Reasons to Buy This Report:
- Provides niche insights for the decision about every possible segment helping in the strategic decision-making process.
- Market size estimation of the ECG sensor patch market on a regional and global basis.
- A unique research design for market size estimation and forecast.
- Identification of major companies operating in the market with related developments
- Exhaustive scope to cover all the possible segments helping every stakeholder in the ECG sensor patch market.
Market Segmentation:
Based on the Product Type
- Hardware
- Software
Based on the Application
- Monitoring
- Diagnostics
Based on the End User
- Healthcare
- Fitness & Sports
Contact:
Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: +91 706 672 4848 +1 208 405 2835 / +44 121 364 6144 /
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com
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Contact: Quince Market Insights Ajay D. (Knowledge Partner) Office No- A109 Pune, Maharashtra 411028 Phone: +91 706 672 4848 +1 208 405 2835 / +44 121 364 6144 / Email: sales@quincemarketinsights.com Web: www.quincemarketinsights.com