ECG Event Recorder Market Segmentation:
Device Type Segment Analysis
Wearable ECG recorders are poised to lead the sector with a share of 46.6% by the end of 2035. The leadership in this sector is largely fueled by the increasing surge in remote and real-time cardiac monitoring, particularly among older adults. These devices provide convenience while spotting heart issues at an early stage, fostering a greater acceptance than other solutions available in the market. Besides, wearables have been clinically proven to be a cost-effective solution for patients seeking affordable options. The substantial demand base in this segment can be further testified by the NLM findings, stating that a total of 280 million units of smartwatches and fitness trackers were shipped worldwide in 2024, showcasing an 11% rise from 2021.
Monitor Type Segment Analysis
Symptom event monitors are expected to garner a majority of the net revenue generation in the ECG event recorder market over the analyzed period. Due to having the ability to identify episodes of symptoms even through subtle recordings, this subtype is highly desired across various medical settings. This type of devices enable crucial insights for diagnosing asymptomatic cardiac arrhythmias, making them one of the most used tools in outpatient environments that require cost-effective and user-friendly solutions. Moreover, prioritization of quick and on-site diagnosis in preventing serious complications solidifies the segment’s forefront position in this sector.
Application Segment Analysis
Cardiac arrhythmia monitoring is predicted to remain the dominant application segment in the ECG event recorder market throughout the discussed timeline. Amplifying patient volume of this medical condition is the primary growth factor in this category. As evidence, the Global Burden of Disease (GBD) data underscored that the number of new cases, DALYs, and deaths of AFib around the world accounted for 4.4 million, 8.3 million, and 340,000, respectively, in 2021. In the same year, another NLM study estimated the absolute volume of this condition globally to rise by more than 60% in 2050. These figures, coupled with the rapidly aging populations, indicate continuous expansion of this segment in the future.
Our in-depth analysis of the market includes the following segments:
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Monitor Type |
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