MarkNtel Advisors recently published a detailed industry analysis of the GCC Mobile ECG Device Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
GCC Mobile ECG Device Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030
The GCC Mobile ECG Device Market size was valued at around USD 76.98 million in 2024 and is projected to reach USD 211.29 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 16.29% during the forecast period, i.e., 2025-30.
Key Findings in GCC Mobile ECG Device Market:
- Historical Analysis: 2020–2023
- Base Year: 2024
- Forecast Period: 2025–2030
Leading Market Players- Nareena Life Sciences, Medtronic, Nihon Kohden Corp., Philips healthcare, Siemens healthiness, Honeywell, FUJIFILM, Samsung Electronics Co. Ltd., AliveCor, Welch Allyn (Hillrom), FibriCheck, GE Healthcare, and Others
Key Highlights of the Report
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
What are the major Driver the GCC Mobile ECG Device Market?
Growing Adoption of Telemedicine and Remote Patient Monitoring Services – The GCC region is witnessing a surge in demand for mobile ECG devices, driven by the growing reputation of telemedicine and remote patient monitoring services. The GCC region’s governments are actively selling virtual healthcare to deal with the developing wide variety of cardiovascular illnesses. To enhance efficiency and patient outcomes, Saudi Arabia has dedicated to making an investment of around USD 27 billion in digital healthcare by 2030, as per the Ministry of Foreign Affairs. It encompasses the improvement of telemedicine, digital health data, and unique digital fitness technologies.
The Ministry of Health’s Vision 2030 for Saudi Arabia emphasizes the importance of telemedicine, virtual transformation, and smart clinical devices. The use of telemedicine in the country has increased by 35% between 2021 and 2023 because of better access to healthcare and technological improvements. The adoption of remote patient monitoring devices in GCC is projected to grow by 28% between 2021 and 2024, pushed by authorities’ rules and growing patient self-trust in digital health solutions. Investments in the health-tech and collaborations amongst tech groups and healthcare providers further boost this expansion & growth.
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What segments define the GCC Mobile ECG Device Market from 2025 to 2030? How do these segments contribute to market dynamics and growth?
By Type
- Continuous Monitoring – Market Size & Forecast 2020-2030F, USD Million
- Intermittent Monitoring – Market Size & Forecast 2020-2030F, USD Million
By Device Type
- Handheld ECG Monitors- Market Size & Forecast 2020-2030F, USD Million
- Wearable ECG Devices- Market Size & Forecast 2020-2030F, USD Million
- Band ECG Monitor- Market Size & Forecast 2020-2030F, USD Million
- Other- Market Size & Forecast 2020-2030F, USD Million
According to report, The Handheld ECG Monitors hold the largest market share, accounting for around 31.2% of the total market revenue because of their portability and capability.
By End-User
- Hospital and Clinics- Market Size & Forecast 2020-2030F, USD Million
- Home Healthcare- Market Size & Forecast 2020-2030F, USD Million
- Diagnostic Centers- Market Size & Forecast 2020-2030F, USD Million
- Others-Market Size & Forecast 2020-2030F, USD Million
According to report, Hospitals and clinics emerged as a leading segment with a revenue share of 38.7%.
Explore the Complete GCC Mobile ECG Device Market Analysis Report – https://www.marknteladvisors.com/research-library/gcc-mobile-ecg-device-market.html
Geographical Analysis: GCC Mobile ECG Device Market
By Country
- The UAE
- Saudi Arabia
- Qatar
- Oman
- Kuwait
- Bahrain
GCC Mobile ECG Device Market Recent Development:
- January 2023: Royal Philips announced the introduction of the industry’s first full-service, at-home, 12-lead electrocardiogram (ECG) solution for use in decentralized clinical trials.
Key Questions Addressed in This Study
- What are the primary factors driving the growth of the GCC Mobile ECG Device Market?
- How is the GCC Mobile ECG Device Market expected to evolve over the next five years?
- What key insights can be drawn from current trends shaping the market?
- What is the current market size, and how is it forecasted to change in the coming years?
- What is the future outlook for the market in terms of technological innovation and geographic expansion?
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Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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