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 2025, the industry size of ECG devices is evaluated at USD 7.24 billion.

The ECG devices market size was valued at USD 6.48 billion in 2024 and is set to exceed USD 15.81 billion by 2037, registering over 7.1% CAGR during the forecast period i.e., between 2025-2037. Rising prevalence of cardiovascular disease (CVDs) worldwide along with technological advancements in ECG devices will boost the market growth.

Asia Pacific industry is estimated to hold largest revenue share of 45% by 2037, attributed to growing number of emerging ECG device manufacturers in the region.

The major players in the market are 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