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Wearable Electrocardiography (ECG) Devices Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2027

Global Wearable Electrocardiography (ECG) Devices Market- (By Product– Smartwatch, Smart band, Pocket ECG monitor, ECG Patch and Others; By Brand- Apple (series 4,5,6), Samsung (galaxy watch 3, active 2), Fitbit (sense), Alivecor (kardialMobile6) and others; By Frequency- Continuous, Episodic, Adhoc; By End User- Individual User, Hospitals & Clinics, Homecare and Others; and By Region) - Industry Dynamics, Market Size and Opportunity Forecast, 2027

  • Published On: 25-Mar-2022  |  Format: pdfpowerpointexcel  |  Report ID: AA0322181
    Delivery: 2 to 4 Hours
INFOGRAPHIC:
Wearable Electrocardiography (ECG) Devices Market

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REPORT SCOPE

Report AttributeDetails
Market Size Value in 2021US$ 14,837.2Mn
Expected Revenue in 2027US$ 58,071.9 Mn
Historic Data2017-2020
Base Year2021
Forecast Period2022-2027
UnitValue (USD Mn)
CAGR25.5%
Segments coveredBy product, brand, frequency, end-user, and Region
Leading playersApple Inc., Samsung Electronics Co., Ltd., Fitbit, Inc., AliveCor, Inc., and other prominent players.
Customization ScopeGet your customized report as per your preference. Ask for customization

FREQUENTLY ASKED QUESTIONS

A wearable electrocardiography device is used to monitor the electric activity of the heart, the device can be worn as a band or watch or can be attached as a patch to the body. 

Wearable ECG monitor devices are designed for in-clinic and remote patient monitoring applications, the multi-function cardiac patch can live stream multiple parameters to a mobile device or the cloud and to provide continuous medical grade data while fitting an individual’s lifestyle.

It is particularly suited for people with increased health risk caused by family predisposition, history of heart attacks or strokes, high blood pressure, high cholesterol, diabetes and excess weight.

The global wearable electrocardiography (ECG) devices market is studied for 2017-2027. 

The growth rate of the global wearable electrocardiography (ECG) devices market is 25.5%, with an estimated value of US$ 58,071.9 Million by 2027. 

Factors such as rising prevalence of atrial fibrillation and declining cost of wearable technologies drives the growth of the global wearable electrocardiography devices market.

It is reusable, rechargeable and can record data even in the event of a network disruption. Also, it is used in multiple studies including AF detection, coronary artery disease, stress and depression and more.

Lack of precision in reporting and potential drawbacks of wearable ECG is a restraining factor which inhibits the growth of the market during the forecast period.

Product, brand, frequency, end user and region are the different segments of the global wearable electrocardiography (ECG) devices market.

Smartwatch segment is estimated to project the highest market share during forecast period owing to the increase in integration of health tracking features in smartwatch to facilitate user an improved monitoring of health status, coupled with rise in awareness among users to fitness and sports activities.

Hospitals & Clinics is projected to grow at the highest CAGR during the forecast period in the Japan Wearable ECG Monitoring Devices Market.

The key players operating in the market include Apple Inc., Samsung Electronics Co., Ltd., Fitbit, Inc., AliveCor, Inc., Qardio, Inc. and VivaLNK among others. 

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