Product Code: CMI2832
The global ECG sensor patch market is estimated to be valued at US$ 103.0 Mn in 2023 and is expected to exhibit a CAGR of 43.7% during the forecast period (2023-2030).
Report Coverage |
Report Details |
Base Year: |
2022 |
Market Size in 2023: |
US$ 103.0 Mn |
Historical Data for: |
2018 to 2021 |
Forecast Period: |
2023 - 2030 |
Forecast Period 2023 to 2030 CAGR: |
43.70% |
2030 Value Projection: |
US$ 1,303.5 Mn |
Figure 1. Global ECG Sensor Patch Market Share (%), By Product Type, 2023

The ECG sensor patch market has been gaining traction over the last few years owing to the increasing prevalence of cardiac disorders globally. An ECG sensor patch is a small, lightweight device that is affixed to the patient's chest using an adhesive gel. It monitors the electrical activity and rhythms of the heart through electrodes and transmits the ECG readings to a gateway device via Bluetooth connectivity. The real-time cardiac monitoring functionality of these patches allows for early detection of arrhythmias and timely medical intervention. Furthermore, their user-friendliness and convenience have boosted their adoption in ambulatory cardiac monitoring over traditional Holter monitors. The rising focus on preventive healthcare and the growing geriatric population prone to heart ailments point towards immense opportunities for players in this market.
Market Dynamics
The global ECG sensor patch market is witnessing positive growth on account of several factors, such as the rising prevalence of cardiovascular diseases worldwide, increasing healthcare expenditure, a growing geriatric population susceptible to heart conditions, and technological advancements in wearable ECG devices. According to the World Health Organization, as of June 2021, cardiovascular diseases are the leading cause of death globally, taking an estimated 17.9 million lives each year. This has enhanced the need for continuous heart monitoring solutions. However, the market potential is still untapped in developing nations owing to low awareness and high device costs. Moreover, data privacy and security concerns over wireless data transmission can impede the market progression to some extent. Meanwhile, ongoing Reasearch and Development towards the miniaturization and development of self-adhesive ECG sensor patches brings attractive opportunities by improving patient compliance for long-term monitoring.
Key features of the study:
- This report provides in-depth analysis of the global ECG sensor patch market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global ECG sensor patch market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Medtronic Plc., Hill-Rome Holdings, Inc., iRhythm Technologies, Inc., AliveCor, Inc., Vivalnk, Inc., Cardiac Insight Inc., VitalConnect, LifeSignals, Inc., and Lief Therapeutics
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global ECG sensor patch market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global ECG sensor patch market
Detailed Segmentation:
- By Product Type:
- By Application:
- By End User:
- Healthcare
- Fitness and Sports
- By Region:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
- Company Profiles
- Medtronic Plc.
- Hill-Rome Holdings, Inc.
- iRhythm Technologies, Inc.
- AliveCor, Inc.
- Vivalnk, Inc.
- Cardiac Insight Inc.
- VitalConnect
- LifeSignals, Inc.
- Lief Therapeutics
Table of Contents
1. Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Application
- Market Snippet, By End User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Recent Trends
- Mergers, Acquisitions, and Collaborations
- Regulatory Scenario
- Key Developments
- PEST Analysis
- Porter's Analysis
4. Global ECG Sensor Patch Market-COVID-19 Impact Analysis
- Economic Impact
- COVID-19 Epidemiology
- Impact on Supply and Demand
5. Global ECG Sensor Patch Market, By Product Type, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018-2030
- Segment Trends
- Hardware
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
- Segment Trends
- Software
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
- Segment Trends
6. Global ECG Sensor Patch Market, By Application, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018-2030
- Segment Trends
- Monitoring
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
- Segment Trends
- Diagnostics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
- Segment Trends
7. Global ECG Sensor Patch Market, By End User, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018-2030
- Segment Trends
- Healthcare
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
- Fitness and Sports
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
8. Global ECG Sensor Patch Market, By Region, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018-2030
- Segment Trends
- North America
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Mn)
- U.S.
- Canada
- Europe
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Mn)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Mn)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Mn)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Mn)
- GCC
- Israel
- Rest of Middle East
- Africa
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2018-2030, (US$ Mn)
- North Africa
- Central Africa
- South Africa
9. Competitive Landscape
- Company Profiles
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
- iRhythm Technologies, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
- Analysts' Views
10. Section
- References
- Research Methodology
- About us and Sales Contact