Skip to main content

The increasing prevalence of atrial fibrillation to boost the growth of ECG Sensor patch market growth

 


Market Overview:

The ECG patch is a small instrument that is fixed to the. Body surface usually in the chest to work, receive and. transfer the electrical impulse of the patient's cardiac activity. This data is further utilized for clinical diagnostic or for monitoring parameters such as cardiac rate.

Competitive Landscape:

Key players involved in the global ECG sensor patch market are Vivalnk, Inc., VitalConnect, Medtronic Plc., LifeSignals, Inc., Hill-Rome Holdings, Inc., and Cardiac Insight Inc., iRhythm Technologies, Inc., AliveCor, Inc., and Lief Therapeutics

Market Key Drivers:

The increasing prevalence of atrial fibrillation is expected to augment the growth of global ECG Sensor Patch Market. For instance, as per CDC there are around 2.7 to 6.1 million individuals suffering from atrial fibrillation in U.S alone.

The rising use of wearable devices which can monitor the vitals of the body is projected to fuel the growth of global ECG Sensor Patch Market. For instance, as per the facts and figures published by a report around 56.7 million people are using wearable devices.

Covid-19 Impact Analysis:

The COVID-19 outbreak has impacted the growth of ECG Sensor Patch Market. Governments globally took strict actions such as border seals, shutdowns, and executing stringent social distancing methods, so as to inhibit the vast spread of COVID-19. These actions led to a serious impact on the global economy harming several industries. Further, less raw material supply further impacted the demand of Sensor Patch processing globally.

Key Takeaways:

The global ECG Sensor Patch Market is anticipated to exhibit a CAGR of XX % during the forecast period owing to the rising investment by the key players to expand the market growth. For instance, Cardiac Insight Inc. gathered US$ 4.5 million from various organizations with the aim of emphasizing supply, sales, and manufacture of wearable sensor of ECG rate.

Among regions, North America, Europe and Asia Pacific are expected to witness robust growth in the global ECG Sensor Patch Market due to rising cases of atrial fibrillation and other heart problems, increasing geriatric population, rising R&D by the key players, innovation and launches of the products. For instance, as per CDC, above 795,000 people get diagnosed with cardiac stroke annually and every 3.5 minutes a fatality occurs due to the stroke.  

 

Labels:

Comments

Post a Comment

Popular posts from this blog

The Global Pressure Bandages Market Is Witnessing High Growth Owing To the Increasing Incidence of Surgical Processes in the World

  Market Overview: During a medical emergency, a pressure bandage is used to apply pressure to an area of the body to control bleeding and swelling. There are a variety of types of pressure bandages that can be used for different purposes. The bandage is made up of several parts, including an air bladder, a pad, a closure bar, and an applicator. A pressure bandage can be applied to wounds at any location on the body. This type of dressing is useful in treating various conditions, including gunshot wounds. It can also be used for a temporary holding of a hernia. The bandage is usually vacuum-sealed, so it's easier to carry. Competitive Landscape: Major players operating in the global pressure bandages market include ConvaTec Group PLC., Cardinal Health, 3M, B. Braun Melsungen AG, Lohmann & Rauscher GmbH & Co. KG, Mölnlycke Health Care AB, Smith & Nephew plc., Paul Hartmann AG, and Essity (BSN medical GmbH). Key Market Drivers: Increasing developments by key pla...
Post a Comment
Read more

Biologics Market Increasing Prevalence of Chronic Diseases to Augment Growth of the market

  A  biologic  drug ( biologics ) is a product that is produced from living organisms or contains components of living organisms.  Biologic  drugs are widely used to prevent, diagnose, treat, or cure a variety of diseases, including infectious diseases, autoimmune disorders, chronic kidney disease, and cancer. Market Dynamics In the recent past, several novel biopharmaceutical products were approved by major regulatory bodies and major players in the market have launched various novel and innovative biopharmaceutical products. Rapid approvals and launches of novel products in the market are expected to be major drivers for growth of the biologicsmarket . 
Post a Comment
Read more

The Global Autoclave Equipment Market Continues To Grow Owing To the Rising Demand from Healthcare Sectors for Sterilizing Medical Equipment to Ensure the Safety of the Post-Surgical Period

  Autoclave equipment is the most popular sterilization method in the industry and is used for many applications including the manufacture of food products. It is widely used in the foodservice industry to sterilize and cleanse equipment used in the process of preparing and serving food. The autoclave is the abbreviated form of autolysis which means oxidation. Autoclaves have various parts including an electric motor, a condenser, and a burner. Autoclave equipment includes vials for sealing the autoclave, a glass or plastic container that has been lined with wax or plastic, and the appropriate autoclave equipment accessories such thermometer for measuring the temperature of the autoclave. All modern steam sterilizing equipment & autoclave machines provide a much-refined workflow experience, which makes you reconsider whether or not steam sterilizing is all it can be. A wide range of sterilization methods is used for sterilizing your medical and laboratory specimen so the right ...
Post a Comment
Read more