Global Cardiac Monitoring and Diagnostic Devices Market Growth (Status and Outlook) 2025-2031
The global Cardiac Monitoring and Diagnostic Devices market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.
Electrocardiogram (ECG) is the process of recording the electrical activity of the heart over a period of time using electrodes placed on the skin. These electrodes detect the tiny electrical changes on the skin that arise from the heart muscle"s electrophysiologic pattern of depolarizing and repolarizing during each heartbeat. It is a very commonly performed cardiology test.
According to our research, the global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
LPI (LP Information)' newest research report, the “Cardiac Monitoring and Diagnostic Devices Industry Forecast” looks at past sales and reviews total world Cardiac Monitoring and Diagnostic Devices sales in 2024, providing a comprehensive analysis by region and market sector of projected Cardiac Monitoring and Diagnostic Devices sales for 2025 through 2031. With Cardiac Monitoring and Diagnostic Devices sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cardiac Monitoring and Diagnostic Devices industry.
This Insight Report provides a comprehensive analysis of the global Cardiac Monitoring and Diagnostic Devices landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Cardiac Monitoring and Diagnostic Devices portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Cardiac Monitoring and Diagnostic Devices market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cardiac Monitoring and Diagnostic Devices and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cardiac Monitoring and Diagnostic Devices.
This report presents a comprehensive overview, market shares, and growth opportunities of Cardiac Monitoring and Diagnostic Devices market by product type, application, key players and key regions and countries.
Segmentation by Type:
Electrocardiograph
ECG Recorder
Heart Rate Meter
ECG Telemetering
Others
Segmentation by Application:
Hospital
Clinical
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Abbott
Applied Cardiac Systems
Bi-biomed
Bio Telemetry
BORSAM
EDAN
Fukuda Denshi
GE Healthcare
Hill-Rom
Innomed
iRhythm
Medicalgorithmics
Medicomp
Medtronic
MidMark
Mindray Medical
NIHON KOHDEN
Philips Healthcare
Schiller AG
Scottcare
Spacelabs Healthcare
Suzuken
VectraCor
Welch Allyn
Please note: The report will take approximately 2 business days to prepare and deliver.