Electrocardiogram Devices Market Size

Report ID: GMI5425
   |
Published Date: January 2025
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Report Format: PDF

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Electrocardiogram Devices Market Size

The global electrocardiogram devices market size was valued at USD 7.7 billion in 2024 and is expected to exhibit growth at a CAGR of 4.2% from 2025 to 2034 period. The market is driven by the increasing prevalence of cardiovascular diseases (CVDs), including heart attacks, arrhythmias, and hypertension, which remain the leading causes of mortality worldwide. The growing geriatric population, which is highly susceptible to CVDs, further fuels demand for advanced ECG devices.

 

Electrocardiogram Devices Market

Technological advancements have revolutionized the market with the introduction of portable, wireless, and wearable ECG devices, enabling continuous heart monitoring and facilitating early detection of cardiac abnormalities. The rising adoption of telemedicine and remote patient monitoring devices has significantly boosted the utilization of ECG devices, particularly in home-based healthcare settings. 
 

Favorable government initiatives promoting early diagnosis and management of cardiovascular conditions, along with increasing healthcare expenditures, have supported the market expansion. The growing awareness about heart health among the general population has led to a higher demand for preventive care and routine check-ups, further driving market growth.
 

Moreover, the integration of artificial intelligence in healthcare and data analytics into ECG devices has enhanced diagnostic accuracy and predictive capabilities, making them more efficient and reliable for healthcare providers. The high demand for point-of-care diagnostics in emergency settings and the use of ECG devices in sports medicine to monitor athletes heart health have also contributed to market growth.  Moreover, the development of portable and user-friendly systems is expanding the application of these devices in neonatal and pediatric care.

Authors: Mariam Faizullabhoy , Gauri Wani
Frequently Asked Question(FAQ) :
How much is the U.S. electrocardiogram devices industry worth?
The U.S. electrocardiogram devices market was valued at USD 2.4 billion in 2024 and is anticipated to grow at a 3.8% CAGR from 2025 to 2034, driven by the high prevalence of CVDs and the aging population requiring continuous monitoring and diagnosis.
Why is the diagnostics ECG machines segment growing?
How big is the electrocardiogram devices market?
Who are some of the prominent players in the electrocardiogram devices industry?
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    Base Year: 2024

    Companies covered: 15

    Tables & Figures: 134

    Countries covered: 19

    Pages: 158

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