ECG Event Recorder Market Outlook:
ECG Event Recorder Market size was over USD 1.7 billion in 2025 and is estimated to reach USD 3.4 billion by the end of 2035, expanding at a CAGR of 8.1% during the forecast timeline, i.e., 2026-2035. In 2026, the industry size of ECG event recorder is assessed at USD 1.8 billion.
The market is experiencing growth, largely due to the rising incidence of cardiovascular diseases (CVDs) worldwide. In this regard, an NLM study predicted the occurrence, crude incidence, and crude disability-adjusted life-years (DALYs) of CVD to increase by 90.0%, 73.4%, and 54.7% between 2025 and 2050, respectively. It also highlighted that the volume of global cardiovascular deaths is estimated to surpass 35.6 million by the end of the same timeline. Thus, with a proven track record of these tools in greatly enhancing the detection of symptomatic rhythms, the sector fosters a substantial consumer base.
The supply chain of the market includes everything from manufacturing electronic components to assembling devices and distributing them to healthcare facilities. As a result, the payers’ pricing related to this sector varies widely, depending on the model, features, and whether they are single-use or reusable. According to a 2024 NLM study, the price of smartwatches (cleared by the FDA) for monitoring, recording, and analyzing ECG data ranged from USD 199.0 to USD 400.0. On the other hand, the costs related to placement and average monthly monitoring of implantable cardiac devices were USD 6500 and USD 58, respectively. This dataset underscores the urgent need for the development and commercialization of more affordable options to enhance accessibility in this sector.
