The global electrocardiogram (ECG) monitoring market was valued at $1.7 billion in 2024 and is projected to grow at a CAGR of 1.7% to reach $1.9 billion by 2031. The market includes ECG monitors and ECG electrodes, with growth largely driven by technological advancements, increased prevalence of cardiovascular diseases, and the rising adoption of remote monitoring solutions.
The ECG monitoring market is segmented into:
ECG Monitors
Resting ECG
Stress Testing
Holter Monitoring
ECG Electrodes
Market Insights
Unit Sales & Average Selling Prices
Market Size & Growth Trends
Procedure Numbers
Market Drivers & Limiters
Market Forecasts Until 2031
Competitive Analysis
Mergers & Acquisitions
Company Profiles & Product Portfolios
Market Trends
Rising demand for remote patient monitoring and wireless ECG devices
Adoption of AI-based ECG interpretation software
Integration of ECG data management systems with hospital information systems (HIS)
Development of disposable and single-use ECG electrodes to reduce infection risks
Increasing use of Holter monitors for long-term cardiac monitoring
Market Share Insights
Top Competitors in the Global ECG Monitoring Market (2024):
1 GE Healthcare
Market leader in ECG monitors with strong product offerings across resting ECG, stress testing, and Holter monitors. The company also excels in integrating ECG systems with PACS and HIS.
2 Cardinal Health
Second-leading competitor due to its dominant position in the ECG electrode segment. The company strengthened its market position through the 2017 acquisition of Medtronic’s patient recovery business (including Covidien ECG electrodes) for $6.1 billion.
3 Philips Healthcare
Strong presence in the Holter monitor market with feature-rich devices and efficient Holter scanners. Philips Healthcare also leverages its PACS and HIS capabilities to integrate ECG data management systems.
Global Research Scope
Regions Covered:
North America: Canada, United States
Latin America: Brazil, Mexico, Chile, Colombia
Western Europe: France, Germany, Italy, Spain, United Kingdom
Central & Eastern Europe: Poland, Russia, Turkey
Middle East: Israel, Saudi Arabia, UAE
Asia Pacific: China, Japan, India, South Korea
Africa: Egypt, Nigeria, South Africa
Base Year: 2024
Forecast Period: 2025-2031
Historical Data: 2021-2023
Quantitative Coverage
Market Size
Market Shares
Market Forecasts
Market Growth Rates
Procedure Numbers
Units Sold
Average Selling Prices
Qualitative Coverage
COVID-19 Impact
Market Growth Trends
Market Limiters
Competitive Analysis & SWOT for Top Competitors
Mergers & Acquisitions
Company Profiles
Product Portfolios
FDA Recalls
Disruptive Technologies
Disease Overviews
Data Sources
Primary Interviews with Industry Leaders
Government Physician Data
Regulatory Data
Hospital Private Data
Import & Export Data
iData Research Internal Database
- 13.1 Executive Summary
- 13.1.1 Global Electrocardiogram Monitoring Market Overview
- 13.1.2 Competitive Analysis
- 13.1.3 Market Segmentation
- 13.1.4 Regions Included
- 13.2 Introduction
- 13.2.1 Resting ECG
- 13.2.2 Long-Term ECG
- 13.2.3 Stress Testing ECG
- 13.2.4 Short-Term ECG
- 13.2.5 Neonatal Electrodes
- 13.3 Procedure Numbers
- 13.3.1 Total Electrocardiogram Procedures
- 13.4 Market Overview
- 13.4.1 By Segment
- 13.4.2 By Region
- 13.5 Market Analysis and Forecast
- 13.5.1 ECG Monitor Market
- 13.5.1.1 Resting ECG Monitor Market
- 13.5.1.2 Stress Testing ECG Monitor Market
- 13.5.1.3 Holter Monitoring Recorder ECG Market
- 13.5.2 ECG Electrode Market
- 13.6 Drivers and Limiters
- 13.6.1 Market Drivers
- 13.6.2 Market Limiters
- 13.7 Competitive Market Share Analysis
- Chart 13-1: Electrocardiogram Monitoring Market, Global, 2024 & 2031
- Chart 13-2: Electrocardiogram Monitoring Procedures, Global, 2024
- Chart 13-3: Electrocardiogram Procedures by Region, Global, 2021 – 2031
- Chart 13-4: Electrocardiogram Monitoring Market by Segment, Global, 2021 – 2031
- Chart 13-5: Electrocardiogram Monitoring Market by Region, Global, 2021 – 2031
- Chart 13-6: Leading Competitors, Electrocardiogram Monitoring Market, Global, 2024
- Figure 13-1: Electrocardiogram Monitoring Market Segmentation
- Figure 13-2: Electrocardiogram Monitoring Regions Covered, Global (1 of 2)
- Figure 13-3: Electrocardiogram Monitoring Regions Covered, Global (2 of 2)
- Figure 13-4: Electrocardiogram Procedures by Region, Global, 2021 – 2031
- Figure 13-5: Electrocardiogram Monitoring Market by Segment, Global, 2021 – 2031 (US$M)
- Figure 13-6: Electrocardiogram Monitoring Market by Region, Global, 2021 – 2031 (US$M)
- Figure 13-7: ECG Monitor Market by Segment, Global, 2021 – 2031 (US$M)
- Figure 13-8: Total ECG Monitor Market, Global, 2021 – 2031
- Figure 13-9: Units Sold by Region, ECG Monitor Market, Global, 2021 – 2031
- Figure 13-10: Average Selling Price by Region, ECG Monitor Market, Global, 2021 – 2031 (US$)
- Figure 13-11: Market Value by Region, ECG Monitor Market, Global, 2021 – 2031 (US$M)
- Figure 13-12: Resting ECG Monitor Market, Global, 2021 – 2031
- Figure 13-13: Units Sold by Region, Resting ECG Monitor Market, Global, 2021 – 2031
- Figure 13-14: Average Selling Price by Region, Resting ECG Monitor Market, Global, 2021 – 2031 (US$)
- Figure 13-15: Market Value by Region, Resting ECG Monitor Market, Global, 2021 – 2031 (US$M)
- Figure 13-16: Stress Testing ECG Monitor Market, Global, 2021 – 2031
- Figure 13-17: Units Sold by Region, Stress Testing ECG Monitor Market, Global, 2021 – 2031
- Figure 13-18: Average Selling Price by Region, Stress Testing ECG Monitor Market, Global, 2021 – 2031 (US$)
- Figure 13-19: Market Value by Region, Stress Testing ECG Monitor Market, Global, 2021 – 2031 (US$M)
- Figure 13-20: Holter Monitoring Recorder ECG Market, Global, 2021 – 2031
- Figure 13-21: Units Sold by Region, Holter Monitoring Recorder ECG Market, Global, 2021 – 2031
- Figure 13-22: Average Selling Price by Region, Holter Monitoring Recorder ECG Market, Global, 2021 – 2031 (US$)
- Figure 13-23: Market Value by Region, Holter Monitoring Recorder ECG Market, Global, 2021 – 2031 (US$M)
- Figure 13-24: Total ECG Electrode Market, Global, 2021 – 2031
- Figure 13-25: Units Sold by Region, ECG Electrode Market, Global, 2021 – 2031
- Figure 13-26: Average Selling Price by Region, ECG Electrode Market, Global, 2021 – 2031 (US$)
- Figure 13-27: Market Value by Region, ECG Electrode Market, Global, 2021 – 2031 (US$M)
- Figure 13-28: Leading Competitors, Electrocardiogram Monitoring Market, Global, 2024
Research Assistance
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook