Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!
How Has the Arrhythmia Monitoring Devices Market Performed and What’s the Forecast for Coming Years?
The arrhythmia monitoring devices market size experienced robust growth recently. The market, standing at $7.5 billion in 2024, is expected to surge to $8.21 billion in 2025. This leap signals a compound annual growth rate (CAGR) of 9.5%. This growth in the past period was driven by the aging population, healthcare infrastructure development, personalized medicine, rising home healthcare, and increased funding.
The market is poised for swift expansion in the coming years, progressing to $12.05 billion in 2029 at a CAGR of 10.1%. The upcoming growth is primarily attributed to the escalation of cardiovascular diseases, growth in telemedicine, regulatory approvals, rising remote patient monitoring, and economic growth. The wearable technology advancements, artificial intelligence, machine learning, patient-centric solutions, IoT integration, preventive healthcare, and health tracking are major forthcoming trends.
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How Are Cardiovascular Diseases Driving the Arrhythmia Monitoring Devices Market Growth?
The prime driver for this market is the rising incidence of cardiovascular diseases (CVD). Arrhythmia monitoring devices are mainly used to observe irregular heart rates – the primary symptom of most CVDs. As such, an increase in CVD cases escalates the demand for these devices. According to an article published in August 2022 by the American College of Cardiology, the projected rates of cardiovascular risk factors and CVD will see a significant rise in the United States from 2025 to 2060. Heart failure, for instance, will increase by 33.4%, while ischemic heart disease is set to surge by 30.7% by 2060.
What Are the Key Segments of the Arrhythmia Monitoring Devices Market?
The market is segmented as follows –
1) By Type: ECG, Implantable Monitors, Holter Monitors, Mobile Cardiac Telemetry
2) By Application: Bradycardia, Tachycardia, Atrial Fibrillation, Ventricular Fibrillation, Premature Contraction, Other Applications
3) By End-User: Hospitals and Diagnostic Centers, Ambulatory Centers, Other End Users
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Who Are the Major Players in the Arrhythmia Monitoring Devices Market?
Major companies operating in the market include Abbott Laboratories, Medtronic plc, Biotronik Inc., Hill-Rom Services Inc., iRhythm Technologies Inc., GE HealthCare Technologies Inc., Koninklijke Philips NV, ACS Diagnostics Inc., AliveCor Inc., Medi-Lynx Cardiac Monitoring LLC, Welch Allyn Inc., Spacelabs Healthcare Inc., Fukuda Denshi Co. Ltd., Applied Cardiac Systems Inc., BIOTRONIK SE & Co. KG, Hill-Rom Holdings Inc., Nihon Kohden Corporation, CardioNet LLC, Bardy Diagnostics Inc., BioTelemetry Inc., Boston Scientific Corporation, CardioComm Solutions Inc., Cardiac Insight Inc., Cardiac Science Corporation, Johnson & Johnson, Preventice Solutions Inc., Qardio Inc., ZOLL Medical Corporation, Stryker Corporation, Drägerwerk AG & Co. KGaA, Mindray Medical International Limited, Cardinal Health Inc., Physio-Control Corporation.
What’re the Emerging Trends in the Arrhythmia Monitoring Devices Market?
Technological advancements are a key trend in this market. Innovations like AI, detection technologies, and others have been integrated to increase accuracy and manage data efficiently. iRhythm Technologies, for instance, announced Japanese regulatory approval for its Zio ECG Monitoring System in September 2024. Managed by deep learning tech, the system can accurately classify a wide range of distinct arrhythmias.
Which Region Will Show Rapid Growth in the Arrhythmia Monitoring Devices Market?
North America was the largest region in the market in 2024. The fastest-growing region is expected to be Asia-Pacific in the forecast period. The regions covered in the market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does the Arrhythmia Monitoring Devices Market Report 2025 Offer?
Arrhythmia monitoring devices are utilized to determine the cause and type of abnormal heart rhythms. It monitors irregular heart rhythms – an issue in a heart condition known as arrhythmia. The Arrhythmia Monitoring Devices Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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