The most important element that is anticipated to drive market expansion is an increase in the number of product launches and product approvals in the area. For example, in 2017, Cardiac Insight debuted the Cardea Solo ECG sensor after gaining the 510 (k) clearance from the Food and Drug Administration (FDA) of the United States of America. This sensor was developed for the diagnosis of atrial fibrillation following cardiac ablation.In addition, an increasing number of research and development efforts as well as clinical trials to establish the benefits of early diagnosis of cardiac illnesses are anticipated to contribute to the growth of the market. For instance, in 2018, the Scripps Translational Science Institute (STSI) in California, United States, reported that the study mSToPS (mHealth Screening to Prevent Strokes) found that a wearable ECG patch demonstrated a threefold improvement in the diagnosis rate of atrial fibrillation when compared to the standard of care.
The global ECG Sensor Patch Market size was valued at US$ 11.7 million in 2017, and is expected to exhibit a CAGR of 43.7% over the forecast period (2018–2026).
Top Companies in the Ecg Sensor Patch Industry:
1. Medtronic Plc
Medtronic Plc in 1991 and it’s headquarters Dublin, Ireland. The company operates in 150 countries. In 2021 Medtronic Plc. Acquired EPIX Therapeutics, Inc. in January 2019. This acquisition aims to expand the cardiac ablation portfolio of Medtronic's
2. Hill-Rome Holdings, Inc.
Hill-Rome Holdings, Inc., founded in 1915, and its Headquarters located in Chicago, Illinois, United States. The company operates in 42 nations.
3 iRhythm Technologies, Inc
iRhythm Technologies, Inc, was launch in 2008 and it’s headquarter located San Francisco, California, United States.it operate over 50 country.
4 AliveCor, Inc
AliveCor, Inc was launch in 2011 and it’s headquarter Mountain View, California, United States
.it operate over 18 country. In 2021 AliveCor, the global leader in FDA-cleared personal electrocardiogram (ECG) technology and services.
5 Vivalnk, Inc
Vivalnk, Inc was founded 2010 with its headquarters in California, United States .. With businesses in over 40 countries. In 2022 Acquired EPIX Therapeutics, Inc. in January 2019. This acquisition aims to expand the cardiac ablation portfolio of Medtronic's
6. Cardiac Insight Inc
Cardiac Insight Inc was launch in 2008. And its headquarter - Seattle, WA. United states. It operate over 70 country.
7 Life Signals, Inc
Life Signals, Inc founded in 2008 and it’s headquarter located Fremont, California, United States .It operate over 70 country. In 2020 Life Signals Group, has received FDA 510(k) clearance for its ECG Remote Monitoring Patch Platform.
Definition- ECG sensor patch play a major role in advanced healthcare, as it aids in detection of early asymptomatic atrial fibrillation (AFib). The sensor monitor is based on various parameters for continuously monitoring of the heart rhythm in cardiac patients.
