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Key Trend Reshaping the Electrocardiogram (ECG) Equipment And Management System Market in 2025: Next-Generation AI-Powered Portable ECG Systems Revolutionize Cardiac Diagnosis
Electrocardiogram (ECG) Equipment And Management System
The growing prevalence of cardiovascular disorders (CVDs) is expected to stimulate the growth of the electrocardiogram (ECG) equipment and management system market. CVDs, including heart attacks and strokes, are on the rise due to unhealthy diets, obesity, and aging populations. ECG systems monitor cardiac rhythms and detect ischemia early, aiding in the management of chronic heart conditions. According to the World Heart Federation, CVD-related deaths are projected to rise from 18.9 million in 2020 to 32.3 million by 2050. As such, the rising prevalence of CVDs will drive the growth of the electrocardiogram equipment and management system market.
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What is the future CAGR of the electrocardiogram (ecg) equipment and management system market, and how will it impact industry expansion?
The electrocardiogram (ECG) equipment and management system market size has increased significantly in recent years. It will rise from $6.25 billion in 2024 to $6.74 billion in 2025, at a CAGR of 7.8%. Key factors driving growth include increased healthcare expenditure, a growing aging population, the rise in diabetes and hypertension, and the growing demand for ambulatory monitoring devices.
The electrocardiogram (ECG) equipment and management system market is expected to reach $9.01 billion by 2029 at a CAGR of 7.5%. This growth is attributed to rising cardiovascular disease (CVD) prevalence, the adoption of remote monitoring, increased hypertension rates, and government funding. Trends include telemedicine adoption, remote monitoring, ECG-EHR integration, continuous innovation in cardiac care products, and the rise of portable ECG devices.
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What are the most significant trends transforming the electrocardiogram (ecg) equipment and management system market today?
Companies in the electrocardiogram (ECG) equipment and management system market are working on AI-powered portable ECG systems to offer a clinically validated solution for fast ECG diagnoses and detection. For instance, in June 2024, AliveCor Inc., a US-based medical device company, launched the FDA-cleared KAI 12L AI technology and the Kardia 12L ECG System. This system can identify 35 cardiac indications using a smaller leadset and provides an AI-powered, handheld 12-lead ECG device, making it easier for healthcare providers, especially in resource-limited areas, to acquire accurate readings.
Which key market segments comprise the electrocardiogram (ecg) equipment and management system market and drive its revenue growth?
The electrocardiogram (ECG) equipment and management system market covered in this report is segmented -
1) By Type: Holter Monitors, Resting Electrocardiogram (ECG) System, Stress Electrocardiogram (ECG) Monitors, Event Monitoring Systems, Electrocardiogram (ECG) Management Systems
2) By Lead Type: Single Lead, 3-6 Lead, 12-Lead
3) By End-User: Hospitals And Clinics, Ambulatory Centers, Other End Users
Subsegments:
1) By Holter Monitors: 24-Hour Holter Monitors, 48-Hour Holter Monitors, 72-Hour Holter Monitors, Long-Term Holter Monitors
2) By Resting Electrocardiogram (ECG) System: Single-Channel Resting ECG Systems, Multi-Channel Resting ECG Systems
3) By Stress Electrocardiogram (ECG) Monitors: Treadmill Stress ECG Monitors, Bicycle Stress ECG Monitors, Other Stress ECG Monitors
4) By Event Monitoring Systems: Mobile Event Monitors, Wearable Event Monitors, Implantable Event Monitors
5) By Electrocardiogram (ECG) Management Systems: Cloud-Based ECG Management Systems, On-Premises ECG Management Systems, Hybrid ECG Management Systems
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What regions are at the forefront of electrocardiogram (ecg) equipment and management system market expansion?
North America was the largest region in the electrocardiogram (ECG) equipment and management system market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the electrocardiogram (ECG) equipment and management system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the electrocardiogram (ecg) equipment and management system market?
Major companies operating in the electrocardiogram (ECG) equipment and management system market are Koninklijke Philips N.V., GE Healthcare, Mindray Medical, Hill-Rom Holdings Inc., Nihon Kohden Corporation, Lepu Medical Technology(Beijing)Co. Ltd., Spacelabs Healthcare, Welch Allyn, Fukuda Denshi, Edan Instruments Inc., Midmark Corporation, Schiller, Contec Medical Systems Co. Ltd., Bionet America Inc., Nasiff Associates Inc., Cardioline, Norav Medical, LUMED srl, Tenko Medical System Corp., Cardiac Design Labs, BTL Group
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What Is Covered In The Electrocardiogram (ECG) Equipment And Management System Global Market Report?
•Market Size Forecast: Examine the electrocardiogram (ecg) equipment and management system market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the electrocardiogram (ecg) equipment and management system market for a structured understanding.
•Key Players Overview: Analyze major players in the electrocardiogram (ecg) equipment and management system market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the electrocardiogram (ecg) equipment and management system market.
•Segment Contributions: Evaluate how different segments drive overall growth in the electrocardiogram (ecg) equipment and management system market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the electrocardiogram (ecg) equipment and management system market.
•Industry Challenges: Identify potential risks and obstacles affecting the electrocardiogram (ecg) equipment and management system market.
•Competitive Landscape: Review strategic developments in the electrocardiogram (ecg) equipment and management system market, including expansions, agreements, and new product launches.
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