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Rise In The Prevalence Of Cardiovascular Conditions: Pivotal Factor Influencing ECG Devices Market Growth in 2025

10-06-2025 08:28 AM CET | Health & Medicine

Press release from: The Business Research Company

ECG Devices Market

ECG Devices Market

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ECG Devices Market Size Growth Forecast: What to Expect by 2025?
In the past few years, the market size for ECG devices has witnessed a rapid expansion. The market is projected to increase from $6.56 billion in 2024 to $7.39 billion in 2025, marking a compound annual growth rate (CAGR) of 12.6%. The growth during this historic period is due to factors such as the prevalence of cardiovascular disorders, an aging population, the need for diagnosis and monitoring, the expansion of healthcare infrastructure, the rise in telemedicine and remote monitoring, and the growth in home-based healthcare.

How Will the ECG Devices Market Size Evolve and Grow by 2029?
In the forthcoming years, the ecg devices market size is predicted to experience swift expansion. The growth rate is projected to reach $12.22 billion in 2029, at a compound annual growth rate (CAGR) of 13.4%. Reasons for the anticipated growth during the forecast period include the rising early diagnosis of cardiac arrhythmias, advances in personalized medication and treatment, growing demand for an integrated health ecosystem, emerging market growth, non-invasive cardiac surveillance, and the focus on healthcare post-pandemic. The forecast period is also projected to witness significant trends such as portable and wearable ecg devices, inclusion of ecg in telehealth and distant consultations, integration of artificial intelligence and machine learning, technological progress, and the adoption of healthcare iot.

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What Drivers Are Propelling the Growth of ECG Devices Market Forward?
The escalation of cardiovascular diseases is anticipated to boost the expansion of the ECG devices market in the future. Cardiovascular disease is one of the most prevalent health issues and the primary cause of death worldwide. To diagnose various heart diseases, an electrocardiogram (ECG or EKG) that records the heart's electrical signals is used. Electrodes are placed on the chest to track these signals that trigger heartbeats. For instance, the Centers for Disease Control and Prevention (CDC), a US-based Government agency, stated in May 2024 that heart disease caused 702,880 deaths in the United States in 2022, accounting for 1 in every 5 deaths. Consequently, the rise in cardiovascular diseases like hypertensive heart disease, stroke, peripheral artery diseases, and ischemic heart disease (IHD) fuels the growth of the ECG devices market during the anticipated period.

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Which Emerging Trends Are Transforming the ECG Devices Market in 2025?
The surge in technological developments is becoming a significant trend in the ECG devices market. Numerous leading corporations in the ECG devices field are striving to create technologically sophisticated solutions to maintain their market presence. For instance, in January 2022, the Dutch conglomerate corporation, Royal Philips, introduced a 12-lead electrocardiogram (ECG) solution for home use in decentralized clinical trials. By employing PCA 500 ECG patch data recording technology, this home solution allows participants of clinical trials to capture data of a standard comparable to that of on-site ECGs, completely at their homes. The solution's groundbreaking body-worn patch negates the necessity for regular site visits, on-site technicians, or home-based nurses, and facilitates 12-lead ECG placement in compliance with the guidelines, alongside secure data transmission, almost in real-time.

What Are the Key Segments in the ECG Devices Market?
The ecg devices market covered in this report is segmented -

1) By Product: Monitoring ECG Systems, Diagnostic ECG Systems
2) By Technology: Portable ECG Systems, Wireless ECG Systems
3) By Lead Type: Single Lead ECG, 3-6 Lead ECG, 12-Lead ECG
4) By End User: Hospitals, Homecare Settings, Other End-Users

Subsegments:
1) By Monitoring ECG Systems: Portable ECG Monitors, Holter Monitors, Mobile Cardiac Telemetry Systems, Wearable ECG Monitors
2) By Diagnostic ECG Systems: 12-Lead ECG Machines, Stress Test Systems, Resting ECG Systems, Event Monitors

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Who Are the Key Players Shaping the ECG Devices Market's Competitive Landscape?
Major companies operating in the ECG devices market include GE Healthcare Technologies Inc., Koninklijke Philips N.V., Spacelabs Healthcare Inc., CardioNet LLC, Schiller AG, Nihon Kohden Corporation, Medtronic plc, OSI Systems Inc., Shenzhen Bio-Medical Electronics Co. Ltd., Hill-Rom Holdings Inc., BPL Medical Technologies Private Limited, Mortara Instrument Inc., General Electric Company, Opto Circuits Limited, Bionet Co. Ltd., Cardiac Science Corporation, Midmark Corporation, Omron Healthcare Inc., Abbott Laboratories, AliveCor Inc., Compumedics Limited, BioTelemetry Inc., Welch Allyn Inc., Natus Medical Incorporated, Innomed Medical Developing and Manufacturing Ltd., Biotronik SE & Co. KG, Fukuda Denshi Co. Ltd., Spacelabs Healthcare, Medical International Limited, Shenzhen Bio-Medical Electronics Co. Ltd.

What Geographic Markets Are Powering Growth in the ECG Devices Market?
North America was the largest region in the ECG devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the ECG devices market during the forecast period. The regions covered in the ECG devices market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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