Wireless ECG Devices Market, By Product Type (Monitoring ECG Systems and Diagnostic ECG Systems), By End-User (Hospital/Clinics and Home-based User), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI382520 | Publish Date: February 2024 | No. of Pages: 168

Global Wireless ECG Devices Market Overview

Introduction:

Wireless ECG Devices Market was valued at US$ 4.5 Billion in 2024 and is projected to grow at a CAGR of 8.2% to reach US$ 9.3 Billion by 2034.Wireless ECG devices are the electrocardiogram which is the first test performed to know the symptoms and problems of the heart diseases. The wireless ECG devices system can transmit the data via Bluetooth or other advanced technologies. Wireless ECG device can connect to the tablets, mobile application, mobiles which can able to send the data to the doctors and physician for further analysis.

Global Wireless ECG Devices Market Dynamics

Increasing demand for wireless ECG device due to an increase in the geriatric population and the patients suffering from cardiovascular diseases which are the major factor for the growth of the global market. According to the data published by WHO (World’s Health Organization), globally in 2016, cardiovascular diseases (CVD) are the main cause of death, around 17.9 million people died due to CVDs, which represented 31% of all deaths, globally. Additionally, handling of wireless ECG devices is easy, comfortable and the decline in the cost of wireless ECG devices which is the boosting factor for the growth of the target market. Moreover, the advanced technologies in the remote monitoring technologies which are another fueling factor for the growth of the global market. However, the reimbursement policies are complex regarding the (CVD) cardiovascular diseases is the restraining factor for the growth of the target market. Furthermore, the inaccuracy in the precision of the report which is another hampering factor for the growth of global wireless ECG devices market. Nevertheless, innovating new devices creates an opportunity for the growth of wireless ECG devices.

Access Crucial Insights at a Fraction of the Cost | Request Your Discount

Global Wireless ECG Devices Market Segmentation

The global wireless ECG devices market is segmented based on product type, end-user, and region.

Based on product type, the global wireless ECG devices market is segmented into the monitoring of ECG systems and diagnosis ECG systems. The monitoring ECG system is the dominating segment because private companies invest majorly in the monitoring ECG system. Based on the end-user, the target market is segmented into manual hospital/clinics and home-based user. The physician and doctors prescribe the monitoring EGC device and diagnosis ECG devices to monitor the cardiac conditions to the patients at home, so the home-based user is anticipated to dominate the global market over the forecast period. 

Regional Insights:

Based on the region the global wireless ECG devices market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America accounts highest revenue share to the global wireless ECG devices market due to growing demand for advanced medical technologies and increasing geriatric population. Europe wireless ECG devices market is projected to register a high CAGR over the forecast period owing to the growing trend of rising healthcare awareness, coupled with a continuous and growing demand for advanced medical technologies.

Reduce costs by up to 30% with a custom report tailored to your specific needs | Request Customized Report

Wireless ECG Devices Market, By Product Type:

  • Monitoring ECG Systems
  • Diagnostic ECG Systems

Wireless ECG Devices Market, By End- User:

  • Manual Hospital/Clinics
  • Home-based User

Wireless ECG Devices Market, By Region:

  • North America
        • North America Wireless ECG Devices Market, By Product Type
        • North America Wireless ECG Devices Market, By End- User
        • North America Wireless ECG Devices Market, By Country
          • The U.S.
          • Canada
      • Europe
        • Europe Wireless ECG Devices Market, By Product Type
        • Europe Wireless ECG Devices Market, By End- User
        • Europe Wireless ECG Devices Market, By Country
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
        • Asia Pacific Wireless ECG Devices Market, By Product Type
        • Asia Pacific Wireless ECG Devices Market, By End- User
        • Asia Pacific Wireless ECG Devices Market, By Country
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
        • Latin America Wireless ECG Devices Market, By Product Type
        • Latin America Wireless ECG Devices Market, By End- User
        • Latin America Wireless ECG Devices Market, By Country
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
        • Middle East & Africa Wireless ECG Devices Market, By Product Type
        • Middle East & Africa Wireless ECG Devices Market, By End- User
        • Middle East & Africa Wireless ECG Devices Market, By Country
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Global Wireless ECG Devices Market Key Players

The key players operating the global wireless ECG devices market are Aerotel Medical Systems Ltd., AliveCor Inc., BPL Medical Technologies, CardioComm Solutions Inc., GE Healthcare, iRhythm Technologies Inc., MediBioSense Ltd., Medtronic PLC., Nihon Kohden Corporation, WEB Biotechnology Pte. Ltd. Prominent players operating in the target market are focusing on strategic partnerships as well as the launching of the product types to gain a competitive edge in the target market.

Global Wireless ECG Devices Market Company Profile

  • Aerotel Medical Systems Ltd.
    • Company Overview
    • Product Type Portfolio
    • Key Highlights
    • Financial Performance
  • AliveCor Inc.
  • BPL Medical Technologies
  • CardioComm Solutions Inc.
  • GE Healthcare
  • iRhythm Technologies Inc.
  • MediBioSense Ltd.
  • Medtronic PLC.
  • Nihon Kohden Corporation
  • WEB Biotechnology Pte. Ltd.

 “*” marked represents similar segmentation in other categories in the respective section

Related reports:

Global Wireless ECG Devices Market Table of Contents

Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Industry Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for Wireless ECG Devices Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Product Type
      • Market Snippet, By End-User
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Global Wireless ECG Devices Market, By Product Type, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Monitoring ECG Systems
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Diagnostic ECG Systems
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  6. Global Wireless ECG Devices Market, By End-User, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Manual Hospital/Clinics
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Home-Based User
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  7. Global Wireless ECG Devices Market, By Region, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Product Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Product Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Product Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Product Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Product Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  8. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  9. Company Profiles
    • Aerotel Medical Systems Ltd.
      • Company Overview
      • Product Type Portfolio
      • Key Highlights
      • Financial Performance
    • AliveCor Inc.
    • BPL Medical Technologies
    • CardioComm Solutions Inc.
    • GE Healthcare
    • iRhythm Technologies Inc.
    • MediBioSense Ltd.
    • Medtronic PLC.
    • Nihon Kohden Corporation
    • WEB Biotechnology Pte. Ltd.
  10. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The Wireless ECG Devices Market report segments the market been segmented on the basis of product type, end-user, and region.

Growth in the prevalence of cardiovascular diseases (CVD), wherein long-term ECG monitoring is essential.

North America accounts highest revenue share to the global wireless ECG devices market

The leading players operating in the Wireless ECG Devices Market includes Aerotel Medical Systems Ltd., AliveCor Inc., BPL Medical Technologies, CardioComm Solutions Inc., GE Healthcare, iRhythm Technologies Inc., MediBioSense Ltd., Medtronic PLC., Nihon Kohden Corporation, WEB Biotechnology Pte. Ltd.