ECG Devices Market Analysis

End-user (Hospitals, Clinics & Cardiac Centers, Ambulatory Surgical Centers)

The global ECG devices market is segmented and analyzed for demand and supply by end user into hospitals, clinics & cardiac centers, ambulatory surgical centers, and other end users. Among these segments, the hospitals segment is anticipated to capture the largest market size in the global ECG devices market. An increasing number of ECG devices are being used in cardiac settings throughout hospitals, as well as physicians utilizing ECG tests routinely in the diagnosis and treatment of patients is expected to drive segment growth. An electrocardiogram (ECG) is also one of the most frequently performed tests in hospitals. Moreover, rising heart failure hospital admissions across the world are projected to drive segment growth. For instance, it was observed that there was an average of 158 hospital admissions per day for heart failure in the year 2018-19.

Our in-depth analysis of the global market includes the following segments:

By Product and Service	Product Resting ECG Devices Stress ECG Devices Holter Monitors Implantable Loop Recorders Event Monitors MCT Devices Smart ECG Monitors Software and Service
By Lead Type	12-lead 5-lead 3-lead 6-lead Single-lead Others
By End User	Hospitals Clinics& Cardiac Centers Ambulatory Surgical Centers Others

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of ecg devices is evaluated at USD 6.3 Billion.

ECG Devices Market size was valued at USD 6.05 Billion in 2023 and is expected to exceed USD 14.5 Billion by the end of 2036, expanding at over 7% CAGR during the forecast period i.e., between 2024-2036. Rising prevalence of cardiovascular disease (CVDs) worldwide along with technological advancements in ECG devices are the major factors driving the growth of the market.

The Asia Pacific industry is projected to hold the largest market share by 2036, attributed to growing number of emerging ECG device manufacturers in the region.

SCHILLER AG, Nihon Kohden Corporation, Ambu A/S, Medtronic plc, Koninklijke Philips, ACS Diagnostics, Hill-Rom Holdings, BPL Medical Technologies, BioTelemetry, Inc.

ECG Devices Market Analysis