글로벌 휴대용 심전도 모니터 시장 – 2023-2030

Overview
Global Portable ECG Monitor Market reached US$ 1.8 billion in 2022 and is expected to reach US$ 2.7 billion by 2030, growing with a CAGR of 5.5% during the forecast period 2023-2030.
Portable ECG monitor, is the complete diagnostic solution for modality of arrhythmia, which provides full disclosure ECG signal, complete data, analysis as well as comprehensive reporting, and allows for heart monitoring at home. With advancements in technology, it is possible to conduct these tests accurately and conveniently from the comfort of patient own home.
However, while conducting ECG testing with a portable electrocardiogram device makes it easier to monitor arrhythmias, look for signs of a high-risk arrhythmia syndrome, determine whether a heart attack or myocardial infarction has occurred, and look for signs of coronary artery blockages.
Dynamics
The Strategies followed by the Companies
The strategies like product launches and partnerships of the portable ECG monitor helps to accelerate the market growth. For instance, in May 2023, Indian-based Agatsa Software was established by Rahul and Neha Rastogi, who also created the SanketLife 2.0 portable ECG device, which is a pocket-sized device. One ECG is all it takes to identify cardiac problems, and the data may be quickly and readily communicated in real time with medical professionals.
It is the smallest 12-lead wireless portable ECG monitoring gadget in the world, and it is utilised by both civilians and medical professionals. Through the SanketLife Application, the device captures ECG and shows the findings on Android and iOS smartphones. Moreover, in May 2023, the latest version of its multi-parameter wearable electrocardiogram (ECG) patch is being launched by Vivalink, a leading manufacturer of digital healthcare solutions, and it has capabilities for a continuous 14-day live feed.
The new patch from Vivalink makes it possible to undertake extended duration remote ECG monitoring with just one patch application, lessening the strain on patients and clinicians both. Additionally, the real-time streaming features enable clinicians to view a patient's live ECG from any location at any time. Thus, the company's strategies developed aid to accelerate market expansion.
Technological Advancements of the Products
Health care practitioners can get patients' test results more quickly than with a conventional electrocardiogram when patients have access to a portable ECG test at home. Despite being apart from the patient during the test, providers can simply check the results of the ECG. This implies that reports would not need to be processed in the office, and patients do not need to make an appointment only for discussing the results.
The latest bluetooth technology is used by products like SmartHeart to quickly couple with mobile smart devices and perform an ECG. The results of the ECG are then immediately sent to the proper provider. This enables medical professionals to diagnose and speak with patients wherever they may be. Portable ECG equipment allow patients who need multiple days of episodic monitoring to avoid spending the night at a hospital or doctor's office, freeing up beds for other patients in a crowded healthcare facility.
Increasing Prevalence of Cardiovascular Diseases
The increasing prevalence of cardiovascular diseases will accelerate the market growth. For instance, according to WHO, stated that, with 17.9 million deaths per year, cardiovascular diseases (CVDs) are the leading cause of death worldwide. Coronary heart disease, cerebrovascular disease, rheumatic heart disease, and other illnesses are among the category of heart and blood vessel disorders known as CVDs. Heart attacks and strokes account for more than four out of every five CVD deaths, and one third of these deaths occur before the age of 70.
Moreover, according to CDC, in the United States, heart disease is the leading cause of death for men and women and for people from the majority of racial and ethnic groups. Cardiovascular disease claims one life in the United States every 33 seconds. In the United States, heart disease claimed the lives of about 695,000 persons in 2021, accounting for 1 in 5 fatalities. The increase in cardiac disorders will therefore fuel market expansion.
Lack of Regulatory Approval for the Products
There are uncertainties about the accuracy, safety, and efficacy of some portable ECG monitors since they may not have gone through strict regulatory approval or validation procedures. Regulatory organizations from various nations are normally in charge of overseeing the approval procedure for medical products, including portable ECG monitors.
To guarantee its safety, efficiency and accuracy, portable ECG monitors must adhere to strict regulatory standards. A gadget might not be authorized for usage if it does not adhere to certain requirements. Regulatory agencies may scrutinize novel or unproven technologies more closely and demand additional proof of their efficacy and safety.
Segment Analysis
The global portable ECG monitor market is segmented based on type, modality, end user and region.
The Home ECG Monitors Accounted for Approximately 22.7% of the Portable ECG Monitor Market Share
With the help of a home ECG monitor, people may keep an eye on their heart health while relaxing in their own homes. Those who might find it challenging to frequently visit a healthcare centre will find this convenience particularly. The need for home ECG monitors has increased as a result of the development of telemedicine and remote patient monitoring. Healthcare professionals can remotely monitor patients' ECG data, allowing them to offer timely interventions and advise without needing to see patients in person.
Technology advancements have improved the use and accessibility of home ECG monitors for a wider variety of users. Many modern gadgets are made to be easy to use and understand, even by people without a background in medicine. Moreover the product launches and business expanison by the companies also helps to boost the segment growth.
For instance, in July 2021, the first single-lead ECG and blood pressure monitor for home use, OMRON Complete, has been launched by the health monitoring and therapy company OMRON Healthcare. In order to detect atrial fibrillation (AFib), the most common arrhythmia in clinical practise, OMRON Complete incorporates clinically validated ECG technology that can be used in conjunction with the standard blood pressure check. Thus above factors helps to boost the segment growth.
Geographical Penetration
North America Accounted for Approximately 40.3% of the Market Share in 2022
Due to factors such as the demand for healthcare services in the United States and Canada has significantly increased in recent years as a result of population growth, rapid urbanization, and the rising prevalence of coronary problems and other chronic diseases, North America is predicted to dominate the market.
The factors mentioned above will also drive the use of wireless ECG monitoring systems throughout the region, along with the significant focus on enhancing healthcare and standard of living due to the ageing population and the development of medical science.
Moreover, the product approvals and the product launches by the companies helps to drive the region growth. For instance, in Febraury 2022, the slimmest and most practical personal electrocardiogram (ECG) devices ever made, the KardiaMobile Card, has been introduced by AliveCor, a market leader in FDA-cleared ECG technology.
The KardiaMobile Card, which is the size of a typical credit card and easily fits into any wallet, provides a single-lead ECG of medical-grade in 30 seconds. The KardiaMobile Card enters FDA approval history as the first credit-card-sized ECG in history. Thus, all of these factors support regional growth.
COVID-19 Impact Analysis
The COVID-19 pandemic may have had a positive impact on portable ECG monitors since it highlighted the value of remote monitoring and allowed people to check their heart health from the security of their own homes. With the help of portable ECG monitors, patients might communicate data virtually with medical specialists, obviating the need for in-person consultations.
The use of telemedicine and virtual consultations has grown, which has increased demand for portable ECG equipment. Real-time contact between patients and healthcare professionals has become made possible due to these monitors. The epidemic raised awareness of the value of maintaining home health monitoring. This increased interest in portable ECG equipment and prompted people to become involved more actively in their healthcare.
By Type
• Monitoring ECG systems
• Diagnostic ECG systems
By Modality
• Handheld
• Pen
• Band
• Others
By End User
• Homecare Settings
• Hospitals and Clinics
• Ambulatory Surgical Centers (ASC)
By Region
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Italy
o Spain
o Rest of Europe
• South America
o Brazil
o Argentina
o Rest of South America
• Asia-Pacific
o China
o India
o Japan
o Australia
o Rest of Asia-Pacific
• Middle East and Africa
Key Developments
• On January 26, 2022, the first full-service, at-home 12-lead electrocardiogram (ECG) solution for use in distributed clinical trials was introduced by Royal Philips. The company's cardiac monitoring portfolio's latest patient-centric ECG product, the clinical-grade solution combines data readings similar to clinical, site-based ECGs with Philips' industry-leading cloud-based data gathering and analysis services.
• In December 2022, Apple succeeds over AliveCor in their legal dispute over portable ECG technology. AliveCor has suffered a significant setback in its patent battle with Apple over the heart-monitoring technology found in the tech giant's self-titled wristwatch, which has been ongoing for more than a year.
• In June 2023, AliveCor India Pvt. Ltd., the industry lead in FDA-approved personal electrocardiogram (ECG) technology, and Vieroots Wellness Solutions Pvt. Ltd., a health-tech startup committed to providing customised solutions to enhance health and lifespan, recently announced their partnership.
Competitive Landscape
The major global players in the market include SHENZHEN CREATIVE INDUSTRY CO., LTD, Aerotel Medical Systems, Hemodiaz Life Sciences Private Limited, Agatsa, Infinium, AliveCor, Inc, Viatom Technology Co., Ltd, General Electric, Wellue, Schiller AGand among others.
Why Purchase the Report?
• To visualize the global portable ECG monitor market segmentation based on type, modality, end user and region as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of portable ECG monitor market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as excel consisting of key products of all the major players.
The global portable ECG monitor market report would provide approximately 61 tables, 58 figures and 186 Pages.
Target Audience 2023
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies