Global Mobile ECG Systems Market Size By Type (Monitoring ECG Systems, Diagnostic ECG Systems), By Modality (Handheld, Pen, Band), By End User (Personal Users, Hospital & Clinics, Ambulatory Services), By Geographic Scope And Forecast
Global Mobile ECG Systems Market Size By Type (Monitoring ECG Systems, Diagnostic ECG Systems), By Modality (Handheld, Pen, Band), By End User (Personal Users, Hospital & Clinics, Ambulatory Services), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Global Mobile ECG Systems Market Size By Type (Monitoring ECG Systems, Diagnostic ECG Systems), By Modality (Handheld, Pen, Band), By End User (Personal Users, Hospital & Clinics, Ambulatory Services), By Geographic Scope And Forecast
Mobile ECG Systems Market Size And Forecast
Mobile ECG Systems Market size was valued at USD 4,291.30 Million in 2020 and is projected to reach USD 6,955.51 Million by 2028, growing at a CAGR of 6.04% from 2021 to 2028.
The market growth is primarily driven by the rising prevalence of cardiovascular diseases and increasing consumer awareness about the product benefits. The Global Mobile ECG Systems Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Mobile ECG Systems Market Definition
An Electrocardiogram (ECG) is a really important test. Doctors use it to check your heart if they think you might have a cardiovascular problem. It's basically a way to measure how your heart is working and its rhythm. Now, the older, traditional ECG machines can be a pain - they take a while, cost a lot, and can be a bit of a hassle. That's why these new mobile ECG devices are becoming popular. They're super convenient, easy to use, and don't require any invasive procedures. A mobile ECG device is basically a wireless gadget that sends data using things like WiFi and Bluetooth. You can easily connect it to your tablet, smartphone, or other apps to share, look at, and save the data. Then, your doctors and other healthcare professionals can check it out later. Plus, the device is lightweight, easy to carry around, safe to use, and a pretty reliable way to keep an eye on your heart.
Global Mobile ECG Systems Market Overview
The market growth is primarily driven by the rising prevalence of cardiovascular diseases and increasing consumer awareness about the product benefits. In addition to this, the growing emphasis on technological advancements by the market players is likely to create ample opportunities for the market players during the review period.
However, issues related to technical complexities and reimbursements pertaining to the product are likely to hamper the market growth.
Global Mobile ECG Systems MarketSegmentation Analysis
The Global Mobile ECG Systems Market is segmented on the basis of Type, Modality, End User, and Geography.
Global Mobile ECG Systems Market, By Type
• Monitoring ECG Systems• Diagnostic ECG Systems
To Get Summarized Market Report By Type-
Okay, so when we're talking about the Global Mobile ECG Systems Market, we can break it down by Type. That gives us two main categoriesMonitoring ECG Systems and Diagnostic ECG Systems. Guess what? Monitoring ECG systems were the big winners in 2020, grabbing the biggest piece of the market! Why? Well, we're seeing more and more people with cardiovascular diseases (CVDs), and there's a huge push to keep a constant eye on ECG levels. This helps doctors give people the right analysis and even personalize their meds, making treatments way more effective. Plus, let's not forget the rising number of older folks, who are unfortunately more likely to have heart problems. That's where monitoring ECG devices really shine. They're super convenient because they're portable and wireless, so doctors can easily keep tabs on their patients from a distance!
Global Mobile ECG Systems Market, By Modality
• Handheld• Pen• Band
To Get Summarized Market Report By Modality-
Think about mobile ECG systems – they come in different flavors! We're talking Handheld, Pen, and Band types. Turns out, the handheld option is a real winner, grabbing a huge 50-60% of the market. Why? Well, they're super easy to carry around, making ECG diagnosis on-the-go a breeze. Plus, these handheld devices are just convenient! You can keep an eye on your ECG levels wherever you are, thanks to their interactive displays. They're a pretty great alternative to those clunky old ECG machines and could easily become a regular part of how doctors check your heart.
Global Mobile ECG Systems Market, By End User
• Personal Users• Hospital & Clinics• Ambulatory Services
To Get Summarized Market Report By End User-
Okay, so the Global Mobile ECG Systems Market is broken down by who's using themPersonal Users, Hospitals & Clinics, and Ambulatory Services. And guess what? Personal Users were the fastest-growing group in 2020! These personal ECG gadgets often have sensors built right in, and sometimes even use leads. What's driving this boom? Well, more and more people are dealing with cardiovascular diseases and want to keep a constant eye on their heart. These little handheld ECGs can spot common heart problems like bradycardia, arrhythmias, or that tricky irregular heartbeat – atrial fibrillation (AFib) – as well as tachycardia, all of which need consistent monitoring and a healthy lifestyle. Plus, lots of people need to monitor their heart while exercising, which is why portable ECGs are so popular for personal use. These devices let you check your heart anytime, anywhere, just using your smartphones!
Global Mobile ECG Systems Market, By Geography
• North America• Europe• Asia Pacific• Rest of the World
To Get Summarized Market Report By Geography-Â
So, the Global Mobile ECG Systems Market is broken down by regionNorth America, Europe, Asia Pacific, and the rest of the world. Back in 2020, North America really dominated, grabbing a whopping 40-50% of the market! Why? Well, a big reason is the sheer number of folks dealing with cardiovascular issues, especially in the US. Sadly, heart disease is the top killer for women, men, and pretty much everyone in the US, with about 659,000 lives lost each year. Plus, you've got companies like General Electric Company, Hill-Rom Holdings, Inc., and CardioComm Solutions, Inc. really pushing things forward. Because these ECG systems are so easy to get and use, we're expecting to see some serious growth in the market over the next few years.
Key Players
Want to know what's happening in the world of "Global Mobile ECG Systems"? This report gives you the inside scoop, focusing on the global market and some of the big names like Alivecor, Inc, BPL Medical Technologies, CARDIOCOMM SOLUTIONS, INC., EB NEURO S.P.A., GENERAL ELECTRIC COMPANY, GETEMED Medizin- Und Informationstechnik AG., Koninklijke Philips N.V, MD BIOMEDICAL, INC., Nihon Kohden Corporation., Uscom. We've even got a special section just on these major players, where our team dives into their financial statements, compares their products, and breaks down their strengths, weaknesses, opportunities, and threats (SWOT analysis). Plus, we'll show you how these companies stack up against each other globally, including their key strategies, market share, and overall ranking.
Key Developments
Company Name
Key Development
Description
ALIVECOR, INC
Product Launch
• In February, 2021, AliveCor announced that its mobile ECG devices have been improved to detect three new forms of cardiac diseases.
CARDIOCOMM SOLUTIONS, INC
Partnership
• January, 2020, CardioComm Solutions, Inc. announced a collaboration with CareOS SAS (France), a subsidiary of Baracoda Group, to provide consumer ECG monitoring technologies through the CareOS Poseidon smart mirror health and beauty hub.
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2017-2028
BASE YEAR
2020
FORECAST PERIOD
2021-2028
HISTORICAL PERIOD
2017-2019
UNIT
Value (USD Million)
KEY COMPANIES PROFILED
Alivecor, Inc, BPL Medical Technologies, CARDIOCOMM SOLUTIONS, INC., EB NEURO S.P.A., General Electric Company, & Others
SEGMENTS COVERED
By Type, By Modality, By End User, By Geography
CUSTOMIZATION SCOPE
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