ECG Telemetry Devices Market Report by Product (Event Monitoring and MCT (Mobile Cardiac Telemetry), and Others), Application (Arrhythmias, Myocardial Ischemia and Infarction, Pacemaker Monitoring, and Others), End User (Hospitals, Home Healthcare), and R

ECG Telemetry Devices Market Report by Product (Event Monitoring and MCT (Mobile Cardiac Telemetry), and Others), Application (Arrhythmias, Myocardial Ischemia and Infarction, Pacemaker Monitoring, and Others), End User (Hospitals, Home Healthcare), and Region 2024-2032

The global ECG telemetry devices market size reached US$ 5.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 10.9 Billion by 2032, exhibiting a growth rate (CAGR) of 7.22% during 2024-2032.

Electrocardiography (ECG) telemetry devices enable rapid ECG monitoring of patients with suspected cardiovascular diseases (CVDs). They help detect electrical impulses generated by cardiac tissues, which are subsequently translated into waveforms. They find extensive applications in hospitals and home healthcare services. At present, the increasing prevalence of CVDs, such as heart attacks and strokes, due to alcohol and tobacco consumption, obesity, and physical inactivity among individuals is catalyzing the demand for ECG telemetry devices across the globe.

ECG Telemetry Devices Market Trends:
ECG telemetry devices are used in the diagnosis and treatment of arrhythmia wherein the heart rate of an individual becomes abnormal. These devices offer information about fluctuations in the rhythm of the heart that allows doctors to take required actions. Apart from this, ECG telemetry devices comprise resting ECGs, which are utilized for identifying conditions, such as coronary artery disease (CAD) or congestive heart failure (CHF). This, along with the thriving healthcare industry, is strengthening the growth of the market. Besides this, there is a significant rise in the utilization of health monitoring devices like electrocardiographs, digital thermometers, automatic blood pressure monitors, blood glucose monitors, and body fat monitors in the residential sector. They can be operated by patients or their caretakers with minimal training. Furthermore, coronavirus disease (COVID-19) affects the cardiovascular system and leads to myocardial damage and cardiac and endothelial dysfunction. This, coupled with the increasing geriatric population, is propelling the demand for ECG telemetry devices around the world. Other factors, including rising technological advancements and the growing awareness about cardiovascular health among the masses, are projected to influencing the overall sales and profitability positively in the coming years.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global ECG telemetry devices market report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on product, application, and end user.

Breakup by Product:

Event Monitoring and MCT (Mobile Cardiac Telemetry)
Others

Breakup by Application:

Arrhythmias
Myocardial Ischemia and Infarction
Pacemaker Monitoring
Others

Breakup by End User:

Hospitals
Home Healthcare

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Aerotel Medical Systems (1998) Ltd., Compumed Inc., Hill-Rom Holdings Inc. (Baxter International Inc.), iRhythm Technologies Inc., Koninklijke Philips N.V., Medicalgorithmics S.A., Medtronic plc, Nihon Kohden Corporation, Preventice Solutions Inc. (Boston Scientific Corporation), ScottCare Cardiovascular Solutions, Shenzhen Mindray Bio-Medical Electronics Co. Ltd. and ZOLL Medical Corporation (Asahi Kasei Corporation).

Key Questions Answered in This Report

1. What was the size of the global ECG telemetry devices market in 2023?
2. What is the expected growth rate of the global ECG telemetry devices market during 2024-2032?
3. What has been the impact of COVID-19 on the global ECG telemetry devices market?
4. What are the key factors driving the global ECG telemetry devices market?
5. What is the breakup of the global ECG telemetry devices market based on the product?
6. What is the breakup of the global ECG telemetry devices market based on the application?
7. What are the key regions in the global ECG telemetry devices market?
8. Who are the key players/companies in the global ECG telemetry devices market?