ECG Monitoring Equipment Market Report 2025

This ECG Monitoring Equipment market report delivers an in-depth analysis of the market’s key characteristics, including size, growth potential, and segmentation. It provides a detailed breakdown of the market across major regions and leading countries, highlighting historical data and future growth projections. The report also examines the competitive landscape, market share insights, emerging trends, and strategic developments shaping the market.

The ECG monitoring equipment market size has grown strongly in recent years. It will grow from $4.92 billion in 2024 to $5.29 billion in 2025 at a compound annual growth rate (CAGR) of 7.6%. The growth observed in the historical period can be credited to factors such as the increasing demand for early diagnosis, a rise in health insurance coverage, expansion in healthcare facilities, growing interest in portable and wearable ECG devices, and a heightened focus on personalized healthcare services.

The ECG monitoring equipment market size is expected to see strong growth in the next few years. It will grow to $7.01 billion in 2029 at a compound annual growth rate (CAGR) of 7.3%. Looking ahead, the projected growth in the forecast period is driven by factors such as increased healthcare investments, the rising elderly population, growing awareness about preventive healthcare, a surge in telemedicine adoption, and the growing incidence of cardiovascular diseases. Key trends expected during this period include advancements in technology, the rise of telemedicine, the use of wearable ECG monitors, innovations in diagnostic devices, and an increase in home-based monitoring.

The rising incidence of cardiovascular diseases is expected to drive the growth of the ECG monitoring equipment market in the future. Cardiovascular diseases (CVD) encompass various disorders affecting the heart and blood vessels, including conditions such as heart disease, stroke, and hypertension. The increasing prevalence of CVD is largely attributed to factors such as unhealthy lifestyles, poor diet, lack of physical activity, rising obesity rates, aging populations, and a higher prevalence of risk factors such as hypertension and diabetes. ECG monitoring equipment plays a crucial role for CVD patients by providing continuous, real-time data on heart activity, facilitating early detection of irregularities, enabling timely intervention, and effectively managing conditions such as arrhythmias, heart failure, and ischemic heart disease, ultimately improving patient outcomes and minimizing the risk of severe complications. For example, in September 2024, data from the British Heart Foundation, a UK-based cardiovascular research charity, indicated that approximately 7.6 million people in the UK are affected by heart and circulatory diseases, with around 4 million males and 3.6 million females living with these conditions. These diseases account for 27% of all deaths in the UK, resulting in over 170,000 deaths annually, or roughly 480 deaths per day. Consequently, the rising incidence of cardiovascular diseases is expected to drive the demand for ECG monitoring equipment.

Key companies in the ECG monitoring equipment market are focusing on advanced products such as reusable ECG patches, which offer enhanced comfort, longer wearability, and continuous monitoring capabilities, improving patient adherence and enabling more accurate long-term cardiac assessments. Reusable ECG devices are designed for continuous or intermittent heart activity monitoring, allowing them to be cleaned, sterilized, and reused multiple times. For instance, in May 2024, Vivalink, a Canadian company specializing in wearable medical devices, launched a turnkey ambulatory cardiac monitoring solution. This system, tailored for remote cardiac health monitoring, includes reusable ECG patches with long battery life, ample data storage capacity, mobile apps for real-time data transmission, and clinician portals for detailed analysis and customizable reporting. The goal is to simplify cardiac monitoring deployment, improve diagnostic precision, enhance patient outcomes, and reduce operational challenges and costs for healthcare providers.

In May 2024, WearLinq, a US-based healthcare technology company, acquired AMI Cardiac Monitoring for $6.7 million. This acquisition aims to expand WearLinq’s clinical services nationwide and enhance its diagnostic capabilities with advanced cardiac monitoring technology. AMI Cardiac Monitoring specializes in cardiac monitoring solutions.

Major players 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.

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 ECG Monitoring Equipment report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the ECG Monitoring Equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

ECG monitoring devices are medical instruments designed to track and record the heart's electrical activity over time. They monitor heart rhythms, electrical signals, and the heart's overall performance, helping in the diagnosis of heart-related disorders.

ECG monitoring equipment primarily includes resting electrocardiogram systems, Holter monitoring systems, stress ECG monitors, event monitoring systems, and other related types. Resting electrocardiogram systems are diagnostic tools used to record the heart's electrical activity when the patient is at rest. These systems come in two forms, wireless and wired. They are utilized by a variety of healthcare settings, including hospitals, ambulatory care centers, and other medical facilities.

The ECG monitoring equipment market research report is one of a series of new reports that provides ECG monitoring equipment market statistics, including ECG monitoring equipment industry global market size, regional shares, competitors with a ECG monitoring equipment market share, detailed ECG monitoring equipment market segments, market trends and opportunities, and any further data you may need to thrive in the ECG monitoring equipment industry. This ECG monitoring equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The ECG monitoring equipment market consists of sales of ambulatory ECG monitor, beside ECG monitor, and portable ECG monitors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 3-5 business days.