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Mobile ECG Devices Market Set To Soar Due To Escalating Incidence Of Heart-Related Conditions Driver: Leading Transformation in the Mobile ECG Devices Market in 2025
Mobile ECG Devices Market Size
The mobile ECG devices market is projected to experience a surge due to an increase in heart-related disorders. Such conditions involve a variety of heart and blood vessel complications, including coronary and congenital heart diseases among others. Mobile ECG devices play a pivotal role in diagnosing myocardial infarctions and cardiac arrhythmias, enabling more effective and easier management of heart diseases and minimizing undiagnosed or unmonitored cases. For example, a report by the US-based government organization, the Centers for Disease Control and Prevention in May 2024, stated that heart disease was responsible for 702,880 deaths in America in 2022, contributing to 1 in every 5 deaths. Due to this, the prevalence of heart-related disorders has been a contributing factor to the expansion of the mobile ECG devices market.
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What Is the projected market size and growth rate for the mobile ecg devices market?
In the past several years, there's been significant growth in the mobile ECG devices market. The market size is projected to increase from $115.35 billion in 2024 to $122.18 billion in 2025, indicating a compound annual growth rate (CAGR) of 5.9%. The historical growth can be traced back to factors such as integration with smartphones, validation in the field of clinical research, the adaptation to telemedicine, the miniaturization of technology and enhanced connectivity, alond with a general increase in health awareness.
The market for mobile ECG devices is predicted to experience robust expansion in the upcoming years, with an estimated value of $166.82 billion by the year 2029, projecting an 8.1% Compound Annual Growth Rate (CAGR). This projection for the forecasting period's growth is due to the escalating incidence of cardiovascular diseases, surge in geriatric population, growth in telehealth services, heightened consumer awareness about health, and the advent of digital health strategies. The period is also likely to witness key trends such as preference for tailor-made health solutions, progression in regulatory frameworks, increased market reach in budding economies, an emphasis on user-centric design, and the broadening of home healthcare scope.
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What new trends are reshaping the mobile ecg devices market and its opportunities?
The proliferation of technology is a burgeoning trend within the mobile ECG devices market. Key players in the market are employing new technologies to dominate their competitors. For example, in February 2022, US-based medical device and AI company, AliveCor Inc., unveiled the KardiaMobile Card, a state-of-the-art personal ECG that is slim enough to be kept in a wallet and offers quick assessments of heart health. The card seamlessly links with a smartphone via Bluetooth technology to detect six common arrhythmias. Users of this Card can also benefit from monthly cardiac health summaries, automatic sharing of ECG records, and expert cardiologist ECG analysis. The underlying algorithm of the device draws from AliveCor's AI-driven Kardia technology, backed by more than 170 peer-reviewed studies. Thanks to its unparalleled portability and durability, AliveCor's KardiaMobile Card is widely recognized as the most resilient ECG device on the market, enabling users to conduct an ECG anytime, anyplace. Moreover, it is designed to withstand varying weather conditions, water exposure, and routine wear and tear.
What major market segments define the scope and growth of the mobile ecg devices market?
The mobile ECG devices market covered in this report is segmented -
1) By Type: Monitoring ECG Systems, Diagnostics ECG Systems
2) By Modality: Handheld, Pen, Band, Other Modalities
3) By End User: Personal Users, Hospitals, Clinics, Ambulatory Services
Subsegments:
1) By Monitoring ECG Systems: Wearable ECG Monitors, Handheld ECG Monitors, Patch-Based ECG Monitors
2) By Diagnostics ECG Systems: Portable ECG Devices, Smartphone-Based ECG Devices, Holter Monitors
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Which region dominates the mobile ecg devices market?
North America was the largest region in the mobile ECG devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the mobile ECG devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the mobile ecg devices industry growth?
Major companies operating in the mobile ECG devices market include Medtronic PLC, Koninklijke Philips N.V., GE Healthcare, Omron Corporation, Mindray Medical International Limited, ZOLL Medical Corporation, Nihon Kohden Corporation, Spacelabs Healthcare, Biotronik SE & Co KG, Fukuda Denshi Co. Ltd., Bittium Biosignals Ltd., Contec Medical Systems Co. Ltd., Schiller AG, Preventice Solutions Inc., BPL Medical Technologies Pvt. Ltd., AliveCor Inc., EB Neuro S.p.A, Mednet Healthcare Technologies Inc., GETEMED Medical and Information, QT Medical Inc., Qardio Inc., Innomed Medical Inc., MD Biomedical Inc., CardioComm Solutions Inc., Hexoskin, VectraCor Inc., Cardiocity Limited
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What Is Covered In The Mobile ECG Devices Global Market Report?
• Market Size Forecast: Examine the mobile ecg devices market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the mobile ecg devices market for a structured understanding.
• Key Players Overview: Analyze major players in the mobile ecg devices market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the mobile ecg devices market.
• Segment Contributions: Evaluate how different segments drive overall growth in the mobile ecg devices market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the mobile ecg devices market.
• Industry Challenges: Identify potential risks and obstacles affecting the mobile ecg devices market.
• Competitive Landscape: Review strategic developments in the mobile ecg devices market, including expansions, agreements, and new product launches.
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