ECG Monitoring Equipment Market Expansion Continues, with Forecast Valuation of $6.91 Billion by 2029

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

ECG Monitoring Equipment Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market for ECG monitoring equipment has experienced substantial expansion in the past few years. It is projected to escalate from $4.92 billion in 2024 to $5.25 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 6.7%. Reasons for the historical growth include an increased demand for early diagnostic procedures, a surge in health insurance coverage, the proliferation of healthcare facilities, an escalating demand for portable and wearable ECG devices, and an intensified focus on tailored healthcare services.

ECG Monitoring Equipment Market Size Forecast: What's the Projected Valuation by 2029?
The market size for ECG monitoring equipment is predicted to witness significant expansion in the coming years, reaching $6.91 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 7.1%. The anticipated growth during this forecast period can be attributed to a surge in healthcare investments, an increasing elderly population, greater awareness surrounding preventive healthcare, increasing demand for telemedicine, and a rise in cardiovascular diseases. Key trends expected during this forecast period encompass technological advancements, telemedicine, wearable ECG monitors, diagnostic apparatus, and home-based monitoring.

View the full report here:
https://www.thebusinessresearchcompany.com/report/ecg-monitoring-equipment-global-market-report

What Are the Drivers Transforming the ECG Monitoring Equipment Market?
The ECG monitoring equipment market is projected to expand due to the escalating prevalence of cardiovascular diseases. Cardiovascular diseases cover a range of disorders relating to the heart and blood vessels, including heart disease, stroke, and hypertension. This upswing in cardiovascular diseases can be attributed to factors such as unhealthy lifestyle choices, poor diet, physical inactivity, rising obesity rates, aging demographics and a greater incidence of risk factors such as hypertension and diabetes. The utility of ECG monitoring equipment lies in its ability to provide ongoing, real-time information on heart activity, facilitating the early identification of anomalies, timely medical intervention, and efficient management of conditions such as arrhythmia, heart failure, and ischemic heart disease. This ultimately enhances patient prognosis and minimizes the threat of serious complications. For example, the British Heart Foundation published data in September 2024, revealing that in the UK, approximately 7.6 million individuals are suffering from heart and circulatory diseases, including roughly 4 million men and 3.6 million women. These diseases account for about 27% of all deaths in the UK, resulting in over 170,000 deaths annually, or an average of 480 fatalities per day, equivalent to one death every three minutes. Hence, the growing prevalence of cardiovascular diseases is set to boost the ECG monitoring equipment market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=20759&type=smp

What Trends Will Shape the ECG Monitoring Equipment Market Through 2029 and Beyond?
Leading organizations in the ECG monitoring equipment sector are directing their efforts towards creating advanced products, particularly reusable ECG patches. These modern patches offer superior levels of comfort, an increased duration of wear, and constant monitoring functionalities; this ultimately means improved patient compliance and precise long-term cardiac evaluations. Reusable ECG monitors are defined as devices purposefully built for frequent or non-stop heart activity analysis, they can be cleaned, sterilized and reused on numerous occasions. For example, Vivalink, a firm based in Canada that produces wearable health technology, rolled out their advanced ambulatory heart monitoring solution in May 2024. This state-of-the-art system has been custom-made for remote cardiac health tracking in ambulatory environments. It's equipped with desirable features like reusable ECG patches that boast a long battery lifespan and an adequate data-holding capacity, mobile apps for effortless real-time data sharing, and portals for medical professionals for in-depth analysis and customizable reporting. The ultimate aim is to streamline the execution of heart monitoring services, elevate diagnostic accuracy, and optimize patient results while reducing operational complexities and expenses for healthcare providers.

Which Segments in the ECG Monitoring Equipment Market Offer the Most Profit Potential?
The ecg monitoring equipment market covered in this report is segmented -

1) By Product Type: Resting Electrocardiogram System, Holter Monitor Systems, Stress Electrocardiogram Monitors, Event Monitoring System, Other Product Types
2) By Technology: Wireless, Wired
3) By End User: Hospitals, Ambulatory Care, Other End Users

Subsegments:
1) By Resting Electrocardiogram System: Single-lead ECG Systems, Multi-lead ECG Systems
2) By Holter Monitor Systems: 24-hour Holter Monitors, 48-hour Holter Monitors, 72-hour Holter Monitors
3) By Stress Electrocardiogram Monitors: Treadmill Stress ECG Monitors, Exercise Stress ECG Monitors, Pharmacological Stress ECG Monitors
4) By Event Monitoring System: Wireless Event Monitors, Mobile Event Monitors
5) By Other Product Types: Implantable Loop Recorders (ILR), Wearable ECG Monitors

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=20759&type=smp

Which Firms Dominate the ECG Monitoring Equipment Market by Market Share and Revenue in 2025?
Major companies operating in the ECG monitoring equipment market are General Electric Company, Koninklijke Philips N.V., Mindray Medical International Limited, Nihon Kohden Corporation, Spacelabs Healthcare, Welch Allyn Inc., Fukuda Denshi Co. Ltd., iRhythm Technologies Inc., Schiller AG, BPL Medical Technologies Pvt Ltd, AliveCor Inc., Mortara Instrument Inc., Neurosoft Ltd., Allengers Medical Systems Ltd., Opto Circuits (India) Limited, Customed GmbH, Bionet, ACS Diagnostics Inc., Clarity Medical, CORTEX Biophysik GmbH, Norav Medical Ltd.

Which Regions Offer the Highest Growth Potential in the ECG Monitoring Equipment Market?
North America was the largest region in the ECG monitoring equipment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ECG monitoring equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=20759

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.