South and Central America Mobile ECG Devices Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Monitoring ECG Systems and Diagnostic ECG Systems), Modality (Handheld, Pen, Band, and Others), and End User (Personal Users, Hospitals and Clinics, and Ambulatory Services)
Market Introduction
ECG devices monitors and record electrical activity of the heart and the device detects and picks up electrical impulses generated by the polarization and depolarization of cardiac tissue and translate them into waveform. A mobile ECG monitoring device is the complete diagnostic solution for diagnosis of arrhythmia and provides full disclosure ECG signal, data, analysis, reporting, and allows monitoring of heart at anyplace at any time, such as, home. It consists of two divisions, including, the analog signal receiver that reads, amplifies and convert the signal to digital form and the other part is a wireless transmitter that sends the data to storage devices so that it can be analyzed by physicians and medical personnel. It connect with Wi-Fi, Bluetooth, or the internet to mobiles, tablets, among others.
Get more information on this report : 
Market Overview and Dynamics
The South and Central America mobile ECG devices market is expected to reach US$ 162.43 million by 2028 from US$ 121.61 million in 2021; it is estimated to grow at a CAGR of 4.2% during 2021–2028. The market growth is attributed to technological advancements in portable and handheld ECG devices, rise in the incidence of cardiovascular diseases, increase in geriatric population, and favorable government regulations regarding monitoring devices. However, aspects such as unfavorable reimbursement policies and market saturation restrict the mobile ECG devices market growth in South and Central America.
ECG monitoring is an essential part of the healthcare services for older adults due to which the elderly population is a primary target of mobile ECG monitoring system providers. According to the US Census Bureau, the number of Americans with age 65 and above is anticipated to double from 46 million in 2016 to more than 98 million by 2060, and the share of elderly population in the total population will increase to ~24% from ~15% during this period. With a significant rise in the number of people aged 65 and above, the number of people suffering from CVDs is likely to increase in the coming years as the prevalence of these diseases is associated with aging due to weak immunity among these people. Thus, the demand for mobile and wireless devices, and other technological advancements to ensure improved CVD prevention and control is likely to rise in the future. Therefore, the geriatric population is also prone to arrhythmia, among other aging-related diseases, which is likely to boost the demand for mobile ECG devices for diagnosis and treatment during the forecast period. The ECG systems are the most effective instruments for detecting arrhythmias (abnormal heart rhythm), coronary artery disease, atrial fibrillation, previous heart attack, and other conditions. According to the World Health Organization (WHO), CVDs are the leading cause of death worldwide, which cause 17.9 million deaths in the world each year; moreover, 30 million people suffer from stroke every year. According to the WHO factsheets, ~17.7 million people died due to CVDs in 2017, of which ~7.4 million mortalities were due to coronary heart disease and 6.7 million were due to stroke. Therefore, the rise in the incidence of cardiovascular diseases and other heart-related conditions is driving mobile ECG device market growth.
South and Central America has witnessed rapid rise in the number of COVID-19 cases. The COVID? 19 pandemic put the overburdened and underfunded public healthcare systems of South and Central America into further burden. They have responded to the situation by closing borders, ordering quarantines, and imposing several restrictions to keep people safe, especially in early 2020. The market participants and end-users lost their businesses due to the temporary shuttering of companies in the region. Moreover, the outbreak has also disrupted the supply chains of various industries due to the congestion of ports and disturbances in other transport means, which substantially impacted the distribution of ECG devices and other associated devices in South and Central America. In addition, there was a reduction in medical visits due to delayed postponed appointments. All these factors considerably deterred the growth of the South and Central America ECG devices market.
Key Market Segments
The South and Central America mobile ECG devices market, based on application, is segmented into handheld, band, pen, and others. In 2021, the handheld segment held the largest share of the market. Moreover, the segment is also expected register the fastest CAGR in the market during 2021–2028.
The South and Central America mobile ECG devices market, based on end user, is segmented into personal users, hospitals and clinics, and ambulatory services. In 2021, the personal users segment accounted for the largest share of the market. Moreover, the segment is expected to witness the highest CAGR in the market during 2021–2028.
Major Sources and Companies Listed
A few of the primary and secondary sources associated with this report on the South and Central America mobile ECG devices market are the Centers for Disease Control and Prevention (CDC), Instituto Brasileiro de Geografia e Estatística (IBGE), and World Health Organization (WHO).
Reasons to buy the report
- Determine prospective investment areas based on a detailed trend analysis of South and Central America mobile ECG devices market over the next years.
- Gain an in-depth understanding of the underlying factors driving demand for different addictions therapeutics segments in the top spending countries and identify the opportunities offered by each of them.
- Strengthen your knowledge of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
- Identify the major channels driving the South and Central America mobile ECG devices market, providing a clear picture of future opportunities that will help analyze, resulting in revenue expansion.
- Channelize resources by focusing on the ongoing programs undertaken by the different countries within the South and Central America mobile ECG devices market.
SOUTH AND CENTRAL AMERICA MOBILE ECG DEVICES MARKET SEGMENTATION
- Monitoring ECG Systems
- Diagnostics ECG Systems
By Modality
By End Use
By Country
- Brazil
- Argentina
- Rest of South and Central America
Company Profiles
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 South and Central America Mobile ECG Devices Market – By Modality
1.3.2 South and Central America Mobile ECG Devices Market – By Type
1.3.3 South and Central America Mobile ECG Devices Market – By End User
1.3.4 South and Central America Mobile ECG Devices Market – By Country
2. Mobile ECG Devices Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South and Central America Mobile ECG Devices – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 South and Central America (SCAM) – PEST Analysis
4.3 Experts Opinion
5. Mobile ECG Devices Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increase in Geriatric Population
5.1.2 Rise in Incidence of Cardiovascular Diseases and Heart-Related Conditions
5.1 Market Restraints
5.1.1 Stringent Regulatory Requirements and Technical Issues
5.2 Market Opportunities
5.2.1 Increasing Potential in the Developing Nations
5.3 Future Trends
5.3.1 Technological Advancements by Market Players
5.4 Impact Analysis
6. Growth Opportunities Mobile ECG Devices Market–South and Central America Analysis
6.1 South and Central America Mobile ECG Devices Market Revenue Forecast and Analysis
7. Mobile ECG Devices Market Revenue and Forecasts To 2028– by Type
7.1 Overview
7.2 Mobile ECG Devices Market, By Type, 2021 & 2028 (%)
7.3 Monitoring ECG Systems
7.3.1 Overview
7.3.2 Monitoring ECG Systems: Mobile ECG Devices Market Revenue and Forecasts to 2028 (US$ Million)
7.4 Diagnostics ECG Systems
7.4.1 Overview
7.4.2 Diagnostics ECG Systems: Mobile ECG Devices Market Revenue and Forecasts to 2028 (US$ Million)
8. Mobile ECG Devices Market Revenue and Forecasts To 2028 – Modality
8.1 Overview
8.2 Mobile ECG Devices Market Share by Segment - 2021 & 2028 (%)
8.3 Handheld
8.3.1 Overview
8.3.2 Handheld: Mobile ECG Devices Market Revenue and Forecast to 2028 (US$ Million)
8.4 Band
8.4.1 Overview
8.4.2 Band: Mobile ECG Devices Market Revenue and Forecast to 2028 (US$ Million)
8.5 Pen
8.5.1 Overview
8.5.2 Pen: Mobile ECG Devices Market Revenue and Forecast to 2028 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: Mobile ECG Devices Market Revenue and Forecast to 2028 (US$ Million)
9. Mobile ECG Devices Market Revenue and Forecasts To 2028 – End User
9.1 Overview
9.2 Mobile ECG Devices Market Share by Segment - 2021 & 2028 (%)
9.3 Personal users
9.3.1 Overview
9.3.2 Personal users: Mobile ECG Devices Market Revenue and Forecast to 2028 (US$ Million)
9.4 Hospitals and Clinics
9.4.1 Overview
9.4.2 Hospitals and Clinics: Mobile ECG Devices Market Revenue and Forecast to 2028 (US$ Million)
9.5 Ambulatory Services
9.5.1 Overview
9.5.2 Ambulatory Services: Mobile ECG Devices Market Revenue and Forecast to 2028 (US$ Million)
10. Mobile ECG Devices Market Revenue and Forecasts to 2028 – South and Central America Analysis
10.1 South and Central America: Mobile ECG Devices Market Revenue and Forecasts To 2028
10.1.1 Overview
10.1.2 South and Central America: Mobile ECG Devices Market - Revenue and Forecast to 2028 (US$ Million)
10.1.3 South and Central America: Mobile ECG Devices Market- Revenue and Forecasts to 2028, By Modality (US$ Million)
10.1.4 South and Central America: Mobile ECG Devices Market- Revenue and Forecasts to 2028, By Type (US$ Million)
10.1.5 South and Central America: Mobile ECG Devices Market- Revenue and Forecasts to 2028, By End User (US$ Million)
10.1.6 South and Central America: Mobile ECG Devices Market Revenue and Forecasts to 2028, By Country (%)
10.1.6.1 Brazil: Mobile ECG Devices Market- Revenue and Forecasts To 2028 (US$ Million)
10.1.6.1.1 Brazil: Mobile ECG Devices Market- Revenue and Forecasts To 2028 (US$ Million)
10.1.6.1.2 Brazil: Mobile ECG Devices Market- Revenue and Forecasts to 2028, By Modality (US$ Million)
10.1.6.1.3 Brazil: Mobile ECG Devices Market- Revenue and Forecasts to 2028, By Type (US$ Million)
10.1.6.1.4 Brazil: Mobile ECG Devices Market- Revenue and Forecasts to 2028, By End User (US$ Million)
10.1.6.2 Argentina: Mobile ECG Devices Market- Revenue and Forecasts To 2028 (US$ Million)
10.1.6.2.1 Argentina: Mobile ECG Devices Market- Revenue and Forecasts To 2028 (US$ Million)
10.1.6.2.2 Argentina: Mobile ECG Devices Market- Revenue and Forecasts to 2028, By Modality (US$ Million)
10.1.6.2.3 Argentina: Mobile ECG Devices Market- Revenue and Forecasts to 2028, By Type (US$ Million)
10.1.6.2.4 Argentina: Mobile ECG Devices Market- Revenue and Forecasts to 2028, By End User (US$ Million)
10.1.6.3 Rest of South and Central America: Mobile ECG Devices Market - Revenue and Forecast to 2028 (US$ Million)
10.1.6.3.1 Rest of South and Central America: Mobile ECG Devices Market - Revenue and Forecast to 2028 (US$ Million)
10.1.6.3.2 Rest of South and Central America: Mobile ECG Devices Market- Revenue and Forecasts to 2028, By Modality (US$ Million)
10.1.6.3.3 Rest of South and Central America: Mobile ECG Devices Market- Revenue and Forecasts to 2028, By Type (US$ Million)
10.1.6.3.4 Rest of South and Central America: Mobile ECG Devices Market- Revenue and Forecasts to 2028, By End User (US$ Million)
11. Impact Of COVID-19 Pandemic on Mobile ECG Devices Market
11.1 South and Central America: Impact Assessment of COVID-19 Pandemic
12. Mobile ECG Devices Market–Industry Landscape
12.1 Overview
12.2 Organic Developments
12.2.1 Overview
12.3 Inorganic Developments
12.3.1 Overview
13. Company Profiles
13.1 Koninklijke Philips N.V.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Medtronic
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 AliveCor, Inc
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Nihon Kohden Corporation
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
LIST OF TABLES
Table 1. South and Central America: Mobile ECG Devices Market- Revenue and Forecasts to 2028, By Modality (US$ Million)
Table 2. South and Central America: Mobile ECG Devices Market- Revenue and Forecasts to 2028, By Type (US$ Million)
Table 3. South and Central America: Mobile ECG Devices Market- Revenue and Forecasts to 2028, By End User (US$ Million)
Table 4. Brazil Mobile ECG Devices Market- Revenue and Forecasts to 2028, By Modality (US$ Million)
Table 5. Brazil Mobile ECG Devices Market- Revenue and Forecasts to 2028, By Type (US$ Million)
Table 6. Brazil: Mobile ECG Devices Market- Revenue and Forecasts to 2028, By End User (US$ Million)
Table 7. Argentina Mobile ECG Devices Market- Revenue and Forecasts to 2028, By Modality (US$ Million)
Table 8. Argentina Mobile ECG Devices Market- Revenue and Forecasts to 2028, By Type (US$ Million)
Table 9. Argentina Mobile ECG Devices Market- Revenue and Forecasts to 2028, By End User (US$ Million)
Table 10. Rest of South and Central America Mobile ECG Devices Market- Revenue and Forecasts to 2028, By Modality (US$ Million)
Table 11. Rest of South and Central America Mobile ECG Devices Market- Revenue and Forecasts to 2028, By Type (US$ Million)
Table 12. Rest of South and Central America Mobile ECG Devices Market- Revenue and Forecasts to 2028, By End User (US$ Million)
Table 13. Organic Developments in the Mobile ECG devices Market
Table 14. Inorganic Developments in the Mobile ECG Devices Market
Table 15. Glossary of Terms
LIST OF FIGURES
Figure 1. Mobile ECG Devices Market Segmentation
Figure 2. Mobile ECG Devices Market Segmentation, By Country
Figure 3. Mobile ECG Devices Market Overview
Figure 4. Handheld by Modality Segment Held Largest Share of Mobile ECG Devices Market
Figure 5. South and Central America Mobile ECG Devices Market – Leading Country Markets (US$ Million)
Figure 6. South and Central America (SCAM) PEST Analysis
Figure 7. Experts Opinion
Figure 8. Mobile ECG Devices Market Impact Analysis of Driver and Restraints
Figure 9. South and Central America Mobile ECG Devices Market– Revenue Forecast and Analysis – 2021 - 2028
Figure 10. Mobile ECG Devices Market, by Type, 2021 & 2028 (%)
Figure 11. Monitoring ECG Systems: Mobile ECG Devices Market Revenue and Forecasts to 2028 (US$ Million)
Figure 12. Diagnostics ECG Systems: Mobile ECG Devices Market Revenue and Forecasts to 2028 (US$ Million)
Figure 13. Mobile ECG Devices Market Share by Segment - 2021 & 2028 (%)
Figure 14. Handheld: Mobile ECG Devices Market Revenue and Forecasts To 2028 (US$ Million)
Figure 15. Band: Mobile ECG Devices Market Revenue and Forecasts To 2028 (US$ Million)
Figure 16. Pen: Mobile ECG Devices Market Revenue and Forecasts To 2028 (US$ Million)
Figure 17. Others: Mobile ECG Devices Market Revenue and Forecasts To 2028 (US$ Million)
Figure 18. Mobile ECG Devices Market Share by Segment - 2021 & 2028 (%)
Figure 19. Personal users: Mobile ECG Devices Market Revenue and Forecasts To 2028 (US$ Million)
Figure 20. Hospitals and Clinics: Mobile ECG Devices Market Revenue and Forecasts To 2028 (US$ Million)
Figure 21. Ambulatory Services: Mobile ECG Devices Market Revenue and Forecasts To 2028 (US$ Million)
Figure 22. South and Central America: Mobile ECG Devices Market, Revenue Overview, by Country, 2021 (US$ Million)
Figure 23. South and Central America: Mobile ECG Devices Market- Revenue and Forecasts To 2028 (US$ Million)
Figure 24. South and Central America: Mobile ECG Devices Market Revenue and Forecasts to 2028, By Country (%)
Figure 25. Brazil: Mobile ECG Devices Market- Revenue and Forecasts To 2028 (US$ Million)
Figure 26. Argentina: Mobile ECG Devices Market- Revenue and Forecasts To 2028 (US$ Million)
Figure 27. Rest of South and Central America: Mobile ECG Devices Market - Revenue and Forecast to 2028 (US$ Million)
Figure 28. Impact Of COVID-19 Pandemic in South and Central America Africa Country Markets
- Koninklijke Philips N.V.
- Medtronic
- AliveCor, Inc
- Nihon Kohden Corporation
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the South and Central America mobile ECG devices market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Middle East and Africa mobile ECG devices market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.