Wireless ECG Devices Market Updates by 2031
A wireless electrocardiography (ECG) device is a type of ECG with recording devices. It uses wireless technologies, such as bluetooth, smartphone, and other types of remote monitoring devices. These devices can be used for the continuous monitoring of patients suffering from CVD and for the detection of heart-related problems.
MARKET DYNAMICS
The wireless ECG devices market is anticipated to grow due to the growing inclination of the population towards more sophisticated and advanced ECG devices. However, low internet penetration in several emerging economies is restraining market growth. Moreover, stringent government regulations, limiting product approvals is expected to benefit the growth of the market in the forecast period.
MARKET SCOPE
The "Wireless ECG Devices Market Analysis to 2031" is a specialized and in-depth study of the medical devices industry with a special focus on the global market trend analysis. The report aims to provide an overview of in wireless ECG devices market with detailed market segmentation by product type, end user and geography. The wireless ECG devices market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading in wireless ECG devices market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The wireless ECG devices market is segmented on the basis of product type, and end user. Based on type the market is segmented as rest ECG systems, stress ECG systems, holter ECG systems and others. On the basis of end user the market is categorized as hospital, home-based user and other end users.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the in wireless ECG devices market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The wireless ECG devices market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting wireless ECG devices market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the wireless ECG devices market in these regions.
Have a question?
Mrinal
Mrinal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the in wireless ECG devices market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The wireless ECG devices market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting wireless ECG devices market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the wireless ECG devices market in these regions.
MARKET PLAYERS
The report covers key developments in the in wireless ECG devices market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from in wireless ECG devices market are anticipated to have lucrative growth opportunities in the future with the rising demand for in wireless ECG devices market in the global market. Below mentioned is the list of few companies engaged in the wireless ECG devices market.
The report also includes the profiles of key in wireless ECG devices market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Aerotel Medical Systems Ltd
- AliveCor, Inc.
- BPL Medical Technologies
- Cardiocity Limited
- CardioComm Solutions, Inc.
- General Electric Company
- iRhythm Technologies, Inc.
- MediBioSense Ltd
- Medtronic
- Nihon Kohden Corporation
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Wireless ECG Devices - By Product Type
1.3.2 Wireless ECG Devices - By End User
1.3.3 Wireless ECG Devices - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. WIRELESS ECG DEVICES LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. WIRELESS ECG DEVICES - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. WIRELESS ECG DEVICES - GLOBAL MARKET ANALYSIS
6.1. WIRELESS ECG DEVICES - GLOBAL MARKET OVERVIEW
6.2. WIRELESS ECG DEVICES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. WIRELESS ECG DEVICES - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. REST ECG SYSTEMS
7.3.1. Overview
7.3.2. Rest ECG Systems Market Forecast and Analysis
7.4. STRESS ECG SYSTEMS
7.4.1. Overview
7.4.2. Stress ECG Systems Market Forecast and Analysis
7.5. HOLTER ECG SYSTEMS
7.5.1. Overview
7.5.2. Holter ECG Systems Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. WIRELESS ECG DEVICES - REVENUE AND FORECASTS TO 2028 - END USER
8.1. OVERVIEW
8.2. END USER MARKET FORECASTS AND ANALYSIS
8.3. HOSPITAL
8.3.1. Overview
8.3.2. Hospital Market Forecast and Analysis
8.4. HOME-BASED USER
8.4.1. Overview
8.4.2. Home-based User Market Forecast and Analysis
8.5. OTHER END USERS
8.5.1. Overview
8.5.2. Other End Users Market Forecast and Analysis
9. WIRELESS ECG DEVICES REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Wireless ECG Devices Overview
9.1.2 North America Wireless ECG Devices Forecasts and Analysis
9.1.3 North America Wireless ECG Devices Forecasts and Analysis - By Product Type
9.1.4 North America Wireless ECG Devices Forecasts and Analysis - By End User
9.1.5 North America Wireless ECG Devices Forecasts and Analysis - By Countries
9.1.5.1 United States Wireless ECG Devices
9.1.5.1.1 United States Wireless ECG Devices by Product Type
9.1.5.1.2 United States Wireless ECG Devices by End User
9.1.5.2 Canada Wireless ECG Devices
9.1.5.2.1 Canada Wireless ECG Devices by Product Type
9.1.5.2.2 Canada Wireless ECG Devices by End User
9.1.5.3 Mexico Wireless ECG Devices
9.1.5.3.1 Mexico Wireless ECG Devices by Product Type
9.1.5.3.2 Mexico Wireless ECG Devices by End User
9.2. EUROPE
9.2.1 Europe Wireless ECG Devices Overview
9.2.2 Europe Wireless ECG Devices Forecasts and Analysis
9.2.3 Europe Wireless ECG Devices Forecasts and Analysis - By Product Type
9.2.4 Europe Wireless ECG Devices Forecasts and Analysis - By End User
9.2.5 Europe Wireless ECG Devices Forecasts and Analysis - By Countries
9.2.5.1 Germany Wireless ECG Devices
9.2.5.1.1 Germany Wireless ECG Devices by Product Type
9.2.5.1.2 Germany Wireless ECG Devices by End User
9.2.5.2 France Wireless ECG Devices
9.2.5.2.1 France Wireless ECG Devices by Product Type
9.2.5.2.2 France Wireless ECG Devices by End User
9.2.5.3 Italy Wireless ECG Devices
9.2.5.3.1 Italy Wireless ECG Devices by Product Type
9.2.5.3.2 Italy Wireless ECG Devices by End User
9.2.5.4 Spain Wireless ECG Devices
9.2.5.4.1 Spain Wireless ECG Devices by Product Type
9.2.5.4.2 Spain Wireless ECG Devices by End User
9.2.5.5 United Kingdom Wireless ECG Devices
9.2.5.5.1 United Kingdom Wireless ECG Devices by Product Type
9.2.5.5.2 United Kingdom Wireless ECG Devices by End User
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Wireless ECG Devices Overview
9.3.2 Asia-Pacific Wireless ECG Devices Forecasts and Analysis
9.3.3 Asia-Pacific Wireless ECG Devices Forecasts and Analysis - By Product Type
9.3.4 Asia-Pacific Wireless ECG Devices Forecasts and Analysis - By End User
9.3.5 Asia-Pacific Wireless ECG Devices Forecasts and Analysis - By Countries
9.3.5.1 Australia Wireless ECG Devices
9.3.5.1.1 Australia Wireless ECG Devices by Product Type
9.3.5.1.2 Australia Wireless ECG Devices by End User
9.3.5.2 China Wireless ECG Devices
9.3.5.2.1 China Wireless ECG Devices by Product Type
9.3.5.2.2 China Wireless ECG Devices by End User
9.3.5.3 India Wireless ECG Devices
9.3.5.3.1 India Wireless ECG Devices by Product Type
9.3.5.3.2 India Wireless ECG Devices by End User
9.3.5.4 Japan Wireless ECG Devices
9.3.5.4.1 Japan Wireless ECG Devices by Product Type
9.3.5.4.2 Japan Wireless ECG Devices by End User
9.3.5.5 South Korea Wireless ECG Devices
9.3.5.5.1 South Korea Wireless ECG Devices by Product Type
9.3.5.5.2 South Korea Wireless ECG Devices by End User
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Wireless ECG Devices Overview
9.4.2 Middle East and Africa Wireless ECG Devices Forecasts and Analysis
9.4.3 Middle East and Africa Wireless ECG Devices Forecasts and Analysis - By Product Type
9.4.4 Middle East and Africa Wireless ECG Devices Forecasts and Analysis - By End User
9.4.5 Middle East and Africa Wireless ECG Devices Forecasts and Analysis - By Countries
9.4.5.1 South Africa Wireless ECG Devices
9.4.5.1.1 South Africa Wireless ECG Devices by Product Type
9.4.5.1.2 South Africa Wireless ECG Devices by End User
9.4.5.2 Saudi Arabia Wireless ECG Devices
9.4.5.2.1 Saudi Arabia Wireless ECG Devices by Product Type
9.4.5.2.2 Saudi Arabia Wireless ECG Devices by End User
9.4.5.3 U.A.E Wireless ECG Devices
9.4.5.3.1 U.A.E Wireless ECG Devices by Product Type
9.4.5.3.2 U.A.E Wireless ECG Devices by End User
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Wireless ECG Devices Overview
9.5.2 South and Central America Wireless ECG Devices Forecasts and Analysis
9.5.3 South and Central America Wireless ECG Devices Forecasts and Analysis - By Product Type
9.5.4 South and Central America Wireless ECG Devices Forecasts and Analysis - By End User
9.5.5 South and Central America Wireless ECG Devices Forecasts and Analysis - By Countries
9.5.5.1 Brazil Wireless ECG Devices
9.5.5.1.1 Brazil Wireless ECG Devices by Product Type
9.5.5.1.2 Brazil Wireless ECG Devices by End User
9.5.5.2 Argentina Wireless ECG Devices
9.5.5.2.1 Argentina Wireless ECG Devices by Product Type
9.5.5.2.2 Argentina Wireless ECG Devices by End User
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. WIRELESS ECG DEVICES, KEY COMPANY PROFILES
11.1. AEROTEL MEDICAL SYSTEMS LTD
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. ALIVECOR, INC.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. BPL MEDICAL TECHNOLOGIES
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. CARDIOCITY LIMITED
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. CARDIOCOMM SOLUTIONS, INC.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. GENERAL ELECTRIC COMPANY
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. IRHYTHM TECHNOLOGIES, INC.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. MEDIBIOSENSE LTD
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. MEDTRONIC
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. NIHON KOHDEN CORPORATION
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Aerotel Medical Systems Ltd
2. AliveCor, Inc.
3. BPL Medical Technologies
4. Cardiocity Limited
5. CardioComm Solutions, Inc.
6. General Electric Company
7. iRhythm Technologies, Inc.
8. MediBioSense Ltd
9. Medtronic
10. Nihon Kohden Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Get Free Sample For