Coherent Market Insights published a business research report on “ECG Sensor Patch Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2021–2027”. ECG Sensor Patch with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. The information is gathered based on modern floats and requests identified with the administrations and items.
ECG Sensor Patch Market report includes historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry. ECG Sensor Patch Market offers complete, proficient report delivering market research data that is relevant for new market entrants or set up players. Key strategies of the companies operating in the market and their impact analysis have been included in the report.
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ECG sensor patch play a significant part in advanced healthcare, as it helps in identification of early asymptomatic atrial fibrillation (AFib). The sensor monitor is depends on different boundaries for continuously checking of the heart beat in cardiac patients.
The global ECG sensor patch market size was priced at US$ 11.7 million in 2017, and is projected to exhibit a CAGR of 43.7% over the forecast period (2018–2026).
Technological advancements in ECG sensor patch and new product launch is expected to propel the market growth
Market players are focused around technological advancement and product launch in the active market, which is expected to drive the global ECG sensor patch market. For example, in 2016, VitalConnect dispatched the VitalPatch biosensor at the 2016 HIMSS Conference. The lightweight, remote fix constantly screens and records single lead ECG, pulse, inconstancy, respiratory rate, and different boundaries with clinical accuracy. Growing focus of researchers on observing different body parameters is estimated to increase the market development over the gauge time frame. For example, in 2016, engineers at the University of California, San Diego fostered the primary adaptable wearable gadget that records ECG heart signals and tracks levels of lactate, a biochemical that is a marker of actual exertion, progressively.
Expanding strategic acquisitions and partnership by market players for extending their contributions in the market is expected to support the market development. For example, in January 2019, Medtronic Plc. declared to get EPIX Therapeutics, Inc. The securing is projected upon to grow Medtronic’s cardiovascular removal portfolio for treating patient with heart arrhythmia.
However, high cost of ECG sensor checking patch is projected to hinder the market growth. For instance, Welch Allyn subsidiary of Hill-Rom Holdings, Inc.’s., TAGecg Wearable ECG Sensor costs around US$ 966, which can cause cost burden to minor economic regions.
Increasing prevalence of Atrial Fibrillation in North America is expected to bolster the market growth
North America holds dominant position in the global ECG sensor patch market over the estimate time frame, inferable from expanding commonness of atrial fibrillation and other cardiovascular conditions. As indicated by American Heart Association, in 2016, stroke was a main source of death in the U.S. with around 2.7 million individuals in the nation living with atrial fibrillation and around 800,000 experiencing a stroke, every year. It was because of square or barges in the vein that provisions blood to the cerebrum. Hence, expanding predominance of atrial fibrillation supports development of the worldwide ECG sensor fix market.
Growing product launch and product endorsement in the district is the central point expected to push the market development. For example, in 2017, Cardiac Insight dispatched Cardea Solo ECG sensor intended for diagnosing atrial fibrillation following cardiovascular removal subsequent to getting the U.S. Food and Drugs Administration (FDA) 510 (k) clearance.
In addition, expanding number of research and development and clinical trials to establish the advantages of early recognition of heart sicknesses is required to increase the market development. For example, in 2018, the Scripps Translational Science Institute (STSI) in California, U.S., through the examination mSToPS (mHealth Screening to Prevent Strokes), expressed that wearable ECG fix showed triple improvement in finding pace of atrial fibrillation than in usual care.
Key Players
Major companies operating in the global ECG sensor patch market include Medtronic Plc., Hill-Rome Holdings, Inc., iRhythm Technologies, Inc., AliveCor, Inc., Vivalnk, Inc., Cardiac Insight Inc., VitalConnect, LifeSignals, Inc., and Lief Therapeutics
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Main points in ECG Sensor Patch Market Report Table of Content
Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 ECG Sensor Patch Market Size Analysis from 2021 to 2027
11.6 COVID-19 Outbreak: ECG Sensor Patch Industry Impact
Chapter 2 ECG Sensor Patch Competition by Types, Applications, and Top Regions and Countries
2.1 ECG Sensor Patch (Volume and Value) by Type
2.3 ECG Sensor Patch (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 ECG Sensor Patch Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America ECG Sensor Patch Market Analysis
Chapter 6 East Asia ECG Sensor Patch Market Analysis
Chapter 7 Europe ECG Sensor Patch Market Analysis
Chapter 8 South Asia ECG Sensor Patch Market Analysis
Chapter 9 Southeast Asia ECG Sensor Patch Market Analysis
Chapter 10 Middle East ECG Sensor Patch Market Analysis
Chapter 11 Africa ECG Sensor Patch Market Analysis
Chapter 12 Oceania ECG Sensor Patch Market Analysis
Chapter 13 South America ECG Sensor Patch Market Analysis
Chapter 14 Company Profiles and Key Figures in ECG Sensor Patch Business
Chapter 15 ECG Sensor Patch Market Forecast (2021-2027)
Chapter 16 Conclusions
Research Methodology
continued………….
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