Global Cardiac Monitoring Market is Set to Reach $13.24 Billion by 2030, More than $5 Billion Opportunities in the Next 6 Years – Arizton

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Global Cardiac Monitoring Market is Set to Reach $13.24 Billion by 2030, More than $5 Billion Opportunities in the Next 6 Years - Arizton
Cardiac Monitoring Market Research Report by Arizton

According to Arizton’s latest research report, the global cardiac monitoring market is growing at a CAGR of 8.22% during 2024-2030.

 

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Report Scope

Market Size – Value (2030): $13.24 Billion 

Market Size – Value (2024): $8.24 Billion 

CAGR – Value (2024-2030): 8.22%

Historic Year: 2021-2023 

Base Year: 2024 

Forecast Year: 2025-2030 

Market Segmentation: Product, Mode, End-User, and Geography

 

The global cardiac monitoring market is evolving rapidly, driven by the development of advanced implantable, wearable, and portable cardiac monitors. This surge in growth is attributed to the growing prevalence/incidence of Atrial Fibrillation (AF) worldwide. The market is evolving rapidly, driven by the integration of digital technologies with cardiac monitoring, the rising prevalence of cardiovascular diseases, and rising consumer preferences for self-heart health monitoring.

 

Recent Vendors Activities

  • In 2024, Vivalink –a leading company in digital healthcare solution development and manufacturing launched a Turnkey ambulatory cardiac monitoring solution for Holter Monitoring and Mobile Cardiac Telemetry (MCT).
  • In 2023, InfoBionic announced that it received FDA (510 K) approval for its advanced remote ECG monitoring device. This device produces Bluetooth diagnostic 6-lead sensors for patient-required cardiac monitoring.

 

 

Market Trends

AI and Machine Learning Integration Drives Rapid Growth in Cardiac Monitoring Market

Artificial Intelligence (AI) and machine learning (ML) have become integral components of modern cardiac monitoring systems. These technologies are significantly enhancing patient outcomes while reducing workload, minimizing human error, and improving operational efficiency in healthcare settings. The application of AI and ML to electrocardiography has transformed the field by automating data interpretation and enabling analysis of exponentially growing volumes of ECG data. Studies indicate that AI integration can detect occult structural heart diseases up to 1-2 years earlier than traditional methods. This early detection capability extends to conditions such as aortic stenosis, amyloid heart disease, hypertrophic cardiomyopathy, and pulmonary hypertension.

Growing Demand for Long-term Cardiac Monitoring with Implantable Cardiac Monitors

As cardiovascular diseases remain the leading cause of death globally, the demand for effective long-term cardiac monitoring solutions continues to rise. Implantable cardiac monitors (ICMs) have emerged as essential tools for continuous heart rhythm monitoring. Recent advancements in ICMs, including miniaturization, simplified implantation procedures, and continuous remote monitoring capabilities, are driving market growth. ICMs have become the standard of care for long-term heart monitoring in cases of unexplained stroke, unexplained fainting, arrhythmia, and post-ablation therapy. These devices are increasingly used for monitoring palpitations, unexplained syncope, bradycardia, atrial fibrillation, and ventricular tachycardia. Leading manufacturers like Abbott offer advanced solutions such as the Confirm Rx, which features a remote monitoring system based on smartphone applications.

 

North America Dominates Global Cardiac Monitoring Market Growth

North America is expected to maintain its dominant position in the cardiac monitoring market, with the United States contributing the highest revenue share. The region’s leadership is supported by its substantial healthcare expenditure on cardiovascular diseases. In 2024, more than 135 million people in North America suffer from cardiovascular diseases, creating significant demand for heart health monitoring solutions. The regional market is characterized by the increasing adoption of wearable and remote cardiac monitoring devices, driven by growing health awareness among consumers who increasingly use health trackers, mobile applications, and smartwatches.

The United States market dominance is attributed to its large cardiovascular disease patient population, substantial healthcare spending, and advanced cardiac healthcare infrastructure. Beyond hospitals and specialty cardiac centers, growing numbers of emergency rooms, ambulatory services, and home care providers are contributing to market expansion. In Canada, growth is primarily driven by an expanding patient population requiring cardiac monitoring solutions.

 

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Key Vendors

  • Abbott
  • Boston Scientific Corporation
  • Baxter
  • GE Healthcare
  • iRhythm Technologies
  • Medtronic
  • OSI Systems
  • Koninklijke Philips N.V.
  • Aerotel Medical Systems
  • ACS Diagnostics
  • AliveCor
  • Advanced Instrumentations
  • ASPEL
  • Biotricity
  • BPL Medical Technologies
  • BIOTRONIK
  • BORSAM Biomedical Instruments
  • BTL
  • Bittium
  • Cortrium
  • Contec Medical Systems
  • custo med
  • CardioComm Solutions
  • Cardiolex Medical AB
  • DMS SERVICE
  • Deltex Medical
  • Edwards Lifesciences Corporation
  • EDAN Instruments
  • FUKUDA DENSHI
  • Getinge
  • Holter Supplies
  • Hangzhou Beneware Medical Equipment
  • Shenzhen Hanix United
  • iMedrix
  • InfoBionic. Ai
  • Labtech
  • Lepu Medical Technology (Beijing)
  • LUMED
  • Masimo
  • Medicalgorithmics
  • medical ECONET GmbH
  • Medicomp
  • Meditech Equipment
  • MEDITECH KFT
  • MIDMARK
  • MONITOR
  • Nasan Medical Electronics
  • Nasiff Associates
  • Neurosoft
  • Norav Medical
  • NorthEast Monitoring
  • Oy Diagnostic Devices Development – DDD
  • RhythMedix
  • Remo Care Solutions
  • ScottCare
  • SCHILLER
  • VasoMedical (Vaso Corportaion)
  • VIGOCARE – CONNECTED CARE INDIA PVT. LTD
  • VivaLNK
  • Wearlinq

 

Segmentation & Forecast

 

Product

  • Resting ECG
  • Implantable Cardiac Monitoring
  • Stress ECG
  • Mobile Cardiac Telemetry
  • Holter Monitoring
  • Cardiac Event Monitoring
  • Cardiac Output Monitoring

 

Mode

  • Standard
  • Ambulatory

 

End-User

  • Hospitals
  • Specialty Cardiac Clinics & Centers
  • Diagnostic Centers
  • Others

 

Geography

 

North America

  • The US
  • Canada

 

Europe

  • Germany
  • France
  • The UK
  • Italy
  • Spain

 

APAC

  • Japan
  • China
  • India
  • South Korea
  • Australia

 

Latin America

  • Brazil
  • Mexico
  • Argentina

 

Middle East & Africa

  • Turkey
  • Saudi Arabia
  • South Africa

 

The Arizton Advisory & Intelligence market research report provides valuable market insights for industry stakeholders, investors, researchers, consultants, and business strategists aiming to gain a thorough understanding of the global cardiac monitoring market. Request a Free Sample to get a glance at the report now: https://focusreports.store/report/cardiac-monitoring-market-focused-insights

 

What Key Findings Will Our Research Analysis Reveal?

What is the expected growth of the global cardiac monitoring market?

What are the factors driving the global cardiac monitoring market?

Which region will have the highest growth in the global cardiac monitoring market?

Who are the major players in the global cardiac monitoring market?

 

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