According to our latest study on “Mobile ECG Devices Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Modality, Type, and End User,” the market is projected to reach US$ 2,366.81 million by 2028 from US$ 1,704.91 million in 2021; it is expected to grow at a CAGR of 4.8% from 2021 to 2028. The report highlights the key factors driving the market growth and prominent players with their developments in the market.

 

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Mobile ECG Device is a wireless diagnostic instrument that can share data over Bluetooth, WiFi, and other wireless connection technologies. It can be linked to mobile phones, tablets, and other apps to share data, analyse it, and save it on the appropriate storage devices. There are two key pieces to the mobile ECG gadget. The adoption of sedentary lifestyles consisting of unhealthy diet, lack of physical activities has led to rise in the number of people suffering from diabetes, cardiovascular diseases etc.

Market leaders operating in the market have undertaken various organic growth strategies in the mobile ECG devices market. The mobile ECG devices market majorly consists of the players MD Biomedical Inc., CardioComm Solutions Inc., THOR, Koninklijke Philips N.V., Bittium Biosignals LTD., Medtronic, AliveCor, Inc., Nihon Kohden Corporation, EB Neuro S.P.A, Cardiocity Limited, Preventice Solutions among others. The companies have been implementing various strategies that have helped the growth of the company and in turn have brought about various changes in the market. The companies have utilized organic strategies such as launches, expansion, and product approvals. Moreover, the companies have utilized inorganic strategies including mergers & acquisitions, partnership, and collaboration.

 

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