ECG Devices Market Trends

  • Report ID: 4241
  • Published Date: Sep 26, 2025
  • Report Format: PDF, PPT

ECG Devices Market - Growth Drivers and Challenges

Growth Drivers

  • Growing focus on preventive healthcare: Due to the escalation in mortality rates associated with CVDs, both governments are increasingly focusing on early detection of chronic conditions, which is the major driving factor for the market. As of the August 2025 NHM report, the National Programme for Prevention and Control of Cancer, Diabetes, Cardiovascular Diseases, and Stroke aims to reduce the burden of major CVDs through prevention, early detection, and timely management. District NCD Clinics and cardiac care units have been established for screening and treatment across all 13 districts.
  • Technological progress: The market has extensively benefited from innovations such as AI-powered ECG interpretation, wearable ECG monitors, wireless connectivity, and mobile-integrated ECG apps, which are revolutionizing the detection procedures. For instance, in March 2025, Peerbridge Health announced the launch of Cor MDx, which is a Next-Gen IoT ECG wearable that features real-time multi-lead ECG streaming, BLE, and LTE connectivity via AT&T, and AI-driven diagnostics.
  • Growing adoption of remote patient monitoring: The emergence of telehealth and remote monitoring is reshaping the foundation of the market. In this regard, TeleMedCare in July 2025 has partnered with a major U.S. health insurance provider to launch a Remote Patient Monitoring program targeting chronic conditions such as chronic heart disease, COPD, diabetes, and hypertension. Besides, the Florida-based pilot highlights TeleMedCare's adaptable technology as part of the insurer’s USD 2 billion global health strategy for pandemic and long-term care.

Historic Cardiovascular Disease Statistics and Economic Impact

Statistic

Value/Detail

Deaths due to CVD in the US (2015)

633,842

Proportion of deaths caused by CVD in the US

1 in every 4 deaths

Deaths due to cancer in the US (2015)

595,930

Global deaths due to CVD (2015, WHO data)

17.7 million

Indirect annual costs of CVD in the US

USD 237 billion

Projected indirect costs of CVD by 2035

USD 368 billion

Risk of heart disease by age 45 in the general population

50%

Source: NIH

Monthly and Year-to-Date Export Data for Medical Equipment U.S. (2025 vs. 2024)

Metric

Medical equipment

July 2025

4,054

June 2025

3,994

Monthly Change

61

Year-to-Date 2025

26,754

Year-to-Date 2024

27,058

Year-to-Date Change

-304

Source: Census.gov

Challenges

  • Volatility in availability and worldwide adoption: The factors such as geopolitical clashes, regulatory delays, and budgetary pressures pose a major hurdle for the expansion of the market. In addition to this, regulatory durations across different nations are ultimately slowing down the device entry to the market, adding more costs for the processes, and restricting the widespread adoption. Furthermore, this financial constraint is especially witnessed in developing nations, wherein the healthcare budgets are limited, thereby causing a hindrance to the market progression.


Base Year

2025

Forecast Year

2026-2035

CAGR

7.6%

Base Year Market Size (2025)

USD 7.3 billion

Forecast Year Market Size (2035)

USD 15.2 billion

Regional Scope

  • North America (U.S., and Canada) 
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific) 
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) 
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America) 
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa) 

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

In 2026, the industry size of ECG devices is estimated at USD 7.8 billion.

ECG Devices Market size was valued at USD 7.3 billion in 2025 and is projected to reach USD 15.2 billion by the end of 2035, rising at a CAGR of 7.6% during the forecast period, i.e., 2026-2035.

North America industry is predicted to account for the largest share of 38.4% by 2035, owing to the high awareness of rare cancers and cross-border research collaborations in the region.

The major players in the market include SCHILLER AG, Nihon Kohden Corporation, Ambu A/S, Medtronic plc, Koninklijke Philips, ACS Diagnostics, Hill-Rom Holdings, BPL Medical Technologies, BioTelemetry, Inc.
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