Latin America ECG Patch and Holter Monitor Market Size
According to Straits Research analysis, The Latin America ECG Patch and Holter Monitor Market was valued at USD 116.49 Million in 2024 and is projected to reach USD 448.2 Million by 2031, expanding at a CAGR of 21.3% during the forecast period. The market growth is primarily driven by the healthcare and pharmaceutical industries, aided by the increasing incidence of cardiovascular diseases. The adoption of ECG patches and Holter monitors has surged significantly in clinics, hospitals, and home healthcare scenarios for continuous patient monitoring. Technological advancements in low-cost wearable technology are anticipated to fuel market growth. Further, the market has substantial export potential due to high product demand in neighboring regions. In conclusion, by leveraging technological advancements and sustainable practices, Latin America is optimally positioned to make significant strides in the ECG Patch and Holter Monitor Market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Latin America ECG Patch and Holter Monitor Market Highlights
- Within Product, ECG Patch accounted for the largest market size in 2024.
- During the forecast period, Holter Monitors is anticipated to remain the highest-growth segment within the Product category.
- Latin America held 5.7% share of the global ecg patch and holter monitor market size in 2024.
- United States is expected to remain the largest contributor to the global market by 2031.
- By 2031, Mexico is anticipated to record the highest growth in Latin America, with the market size expected to reach USD 627.02 Million.
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Report Summary
| Report Scope |
Details |
| Base Year for Study |
2024 |
| Study Period |
2021-2031 |
| Historical Period |
2021-2023 |
| Forecast Period |
2025-2031 |
| Market Size In 2024 |
USD 116.49 Million |
| Market Size In 2031 |
USD 448.2 Million |
| Largest segment |
ECG Patch |
| Fastest segment |
Holter Monitors |
| Units |
Revenue in USD Million |
| CAGR |
21.3% (2025-2031) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Latin America ECG Patch and Holter Monitor Market Share By Product
Segmentation Covered
| Segments |
Sub Segments |
| Country |
- Brazil
- Mexico
- Rest of Latin America
|
| Product |
- ECG Patch
- Holter Monitors
|
| Applications |
- Diagnostics
- Monitoring
|
| End-User |
- Hospitals and Clinics
- Ambulatory Facilities
- Others
|
Latin America ECG Patch and Holter Monitor Market By Country 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
Latin America ECG Patch and Holter Monitor Market By Product 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
Latin America ECG Patch and Holter Monitor Market By Applications 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
Latin America ECG Patch and Holter Monitor Market By End-User 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.