Top Companies in the ECG Sensor Patches

The ECG sensor patches market is poised for substantial growth, projected to reach USD 2.32 billion by 2032 from USD 1.05 billion in 2025, registering a CAGR of 12.0% during the forecast period. A key factor driving this growth is the rising global geriatric population, which is highly susceptible to cardiovascular ailments and requires continuous heart monitoring. ECG sensor patches offer a non-invasive, real-time monitoring solution that enables early detection and management of cardiac conditions, especially in outpatient and home care settings. The growing prevalence of cardiovascular diseases worldwide and increasing awareness of preventive healthcare have accelerated the adoption of ECG monitoring technologies. Advancements in wireless monitoring, wearable devices, and mobile health (mHealth) applications further fuel market expansion.

The prominent companies in the ECG sensor patches market include Koninklijke Philips N.V. (Netherlands), iRhythm Technologies, Inc. (US), Boston Scientific Corporation (US), Baxter International Inc. (US), and Bittium Corporation (Finland). These players leverage technological innovation, partnerships, and regional expansion to strengthen their position and tap into emerging opportunities across global markets. These players have adopted various organic & inorganic growth strategies, including product launches, agreements, collaborations, acquisitions, and partnerships.

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• In May 2024, Koninklijke Philips N.V. (Netherlands) expanded its footprint in Spain by introducing its Mobile Cardiac Outpatient Telemetry (MCOT) Patch to 14 healthcare providers across the country. This device is integrated with the company’s AI-driven Cardiologs analytics platform, enhancing real-time cardiac diagnostics in ambulatory care settings.
• In October 2024, iRhythm Technologies, Inc. (US) received the US FDA clearance for design modifications and labeling updates for its Zio AT ECG sensor patch, reinforcing its regulatory standing in the US market. Subsequently, in May 2025, the company launched its Zio Long-Term Continuous Monitoring (LTCM) system in Japan, offering up to 14 days of uninterrupted ECG monitoring powered by a deep learning AI algorithm approved by Japan’s PMDA.

Koninklijke Philips N.V. (Netherlands) is a global health technology leader, offering advanced solutions in diagnostic imaging, patient monitoring, and health informatics. The company provides ECG sensor patches for remote cardiac monitoring and real-time diagnostics through its Connected Care segment and subsidiary, BioTelemetry, Inc. (US). Koninklijke Philips N.V. (Netherlands) combines clinical expertise with innovative technology to deliver scalable, non-invasive cardiac care across hospitals, clinics, and home settings. With operations in over 100 countries and additional subsidiaries like Respironics Inc. and EPD Solutions Ltd., Koninklijke Philips N.V. (Netherlands) maintains a strong global presence in the digital health ecosystem.

iRhythm Technologies, Inc. (US) is a digital health company specializing in remote cardiac monitoring through wearable biosensing devices and AI-powered analytics. Its Zio platform supports accurate arrhythmia detection and integrates device use, data processing, and clinical reporting for outpatient care. With operations across key international markets, including Japan, Europe, and Southeast Asia, as well as subsidiaries like iRhythm Japan GK and iRhythm Singapore Pte. Ltd., the company is expanding its operations to include access to data-driven cardiac diagnostics.

Market Ranking

The ECG sensor patches market is highly consolidated, with the leading five companies—Koninklijke Philips N.V. (Netherlands), iRhythm Technologies, Inc. (US), Boston Scientific Corporation (US), Baxter International Inc. (US), and Bittium Corporation (Finland)—collectively accounting for approximately 83.0–87.0% of the global market share. Koninklijke Philips N.V. maintains a stronghold through its robust diagnostic ecosystem and real-time monitoring capabilities integrated into hospital & homecare settings. iRhythm Technologies, Inc. is recognized for its proprietary AI-powered analytics and continuous cardiac monitoring platforms, offering significant clinical accuracy and workflow efficiency. Boston Scientific Corporation leverages its diversified cardiovascular portfolio and global distribution strength to enhance product reach and adoption across multiple care settings. Baxter International Inc. has expanded its presence by integrating monitoring technologies and a rising focus on chronic care management. Meanwhile, Bittium Corporation focuses on military-grade data security and long-term ECG recording capabilities, enabling it to address niche segments such as remote patient monitoring and telecardiology. The rest of the market is fragmented, encouraging innovation-driven entrants to compete on performance, usability, and connectivity.

Related Reports:

ECG Sensor Patches Market by Lead Type (Single-Lead, 2 Lead, 3 Lead, 12 Lead), Product (Reusable, Disposable), Prescription Type (Physician Prescribed, OTC), Usage Modality (Wireless, Wired/Connected), End User (Hospitals & Clinics) - Global Forecast to 2032

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