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What is the current size and annual growth rate of the cardiac ambulatory monitoring market?
The cardiac ambulatory monitoring market size has grown strongly in recent years. It will grow from $14.17 billion in 2024 to $14.97 billion in 2025 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to rising prevalence of cardiovascular diseases, increasing awareness of heart health, growing adoption of wearable devices, rising aging population, and growing focus on outpatient care and remote monitoring.
The cardiac ambulatory monitoring market size is expected to see strong growth in the next few years. It will grow to $18.60 billion in 2029 at a compound annual growth rate (CAGR) of 5.6%. The growth in the forecast period can be attributed to rising personalized healthcare approaches, increasing adoption of mobile health applications, improving telemedicine infrastructure, rising healthcare expenditure, and governmental support for preventive healthcare initiatives. Major trends in the forecast period include artificial intelligence (AI)-driven predictive analytics, integrating cloud solutions, the miniaturization of monitoring devices, incorporating real-time data analysis with wearables, and advancements in battery life for continuous monitoring.
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Which major factors have contributed to the expansion of the cardiac ambulatory monitoring market?
The rising prevalence of cardiovascular disease is expected to propel the growth of the cardiac ambulatory monitoring market going forward. Cardiovascular disease (CVD) refers to a group of disorders affecting the heart and blood vessels, including conditions such as heart attacks, strokes, and heart failure. These diseases typically arise from blockages in blood vessels or abnormalities in heart function. The prevalence of cardiovascular disease is due to factors such as unhealthy diets, lack of exercise, smoking, stress, and an aging population. Additionally, conditions such as obesity, diabetes, and hypertension are contributing to its growing prevalence. Cardiac ambulatory monitoring allows for continuous heart activity tracking, helping detect irregularities early in cardiovascular disease patients. It aids in managing heart conditions more effectively by enabling real-time diagnosis and monitoring without needing constant hospital visits. For instance, in September 2024, according to the British Heart Foundation, a UK-based cardiovascular research charity, in the UK, approximately 7.6 million individuals are currently affected by heart and circulatory diseases, comprising 4 million men and 3.6 million women. By 2030, this number could increase by 1 million, and by 2040, it may rise to 2 million more than the current figures. Therefore, the prevalence of cardiovascular disease is driving the growth of the cardiac ambulatory monitoring market.
How is the cardiac ambulatory monitoring market segmented?
The cardiac ambulatory monitoring market covered in this report is segmented –
1) By Product: Electrocardiogram (ECG) Devices, Holter Monitors, Event Monitors, Implantable Loop Recorders, Mobile Cardiac Telemetry
2) By Specialty: Single Specialty, Multi-Specialty
3) By End-User: Hospitals, Ambulatory Surgical Centers, Specialty Clinics, Cardiac Care Centers, Home Care Setting
Subsegments:
1) By Electrocardiogram (ECG) Devices: Portable ECG Monitors, Wireless ECG Monitors, Smartphone-based ECG Devices
2) By Holter Monitors: 24-hour Holter Monitors, 48-hour Holter Monitors, 72-hour Holter Monitors
3) By Event Monitors: Wireless Event Monitors, Wearable Event Monitors
4) By Implantable Loop Recorders: Standard Implantable Loop Recorders, Long-term Implantable Loop Recorders
5) By Mobile Cardiac Telemetry: Continuous Mobile Telemetry Systems, Patch-based Mobile Telemetry Systems
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Who are the top competitors in the cardiac ambulatory monitoring market?
Major companies operating in the cardiac ambulatory monitoring market are Abbott Laboratories, Medtronic PLC, Becton, Dickinson and Company, Koninklijke Philips N.V., GE Healthcare, Boston Scientific Corporation, Hill-Rom Holdings Inc., Nihon Kohden Corporation, MicroPort Scientific Corp., Fukuda Denshi Co. Ltd., iRhythm Technologies Inc., ZOLL Medical Corporation, Schiller AG, Biotronik SE & Co. KG, Medicomp Inc., Applied Cardiac Systems, Bardy Diagnostics Inc., ACS Diagnostics Inc., WebCardio LLC, ReactDx
Which key trends are expected to influence the cardiac ambulatory monitoring market in the coming years?
Major companies operating in the cardiac ambulatory monitoring market are focused on developing innovative technologies, such as artificial intelligence (AI) and Bluetooth connectivity electrocardiogram devices, to enhance patient monitoring and data accuracy. Artificial intelligence (AI) and Bluetooth connectivity electrocardiogram devices refer to advanced medical tools that leverage AI algorithms for real-time analysis of heart data and use Bluetooth technology to transmit this information wirelessly to healthcare providers. For instance, in September 2024, AliveCor Inc., a US-based company that provides remote cardiac care services, launched the KardiaMobile Card to give users a convenient, portable tool for real-time heart monitoring, particularly for detecting arrhythmias and managing heart conditions directly from their wallet. It makes real-time heart health data easily accessible to patients, enabling early detection of heart issues and helping to reduce the economic burden of cardiovascular diseases.
Which regional trends are influencing the cardiac ambulatory monitoring market, and which area dominates the industry?
North America was the largest region in the cardiac ambulatory monitoring market in 2024. The regions covered in the cardiac ambulatory monitoring market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Cardiac Ambulatory Monitoring Market Report 2025 Offer?
The cardiac ambulatory monitoring market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Cardiac ambulatory monitoring refers to the continuous recording and assessment of a patient’s heart activity while they go about their daily activities outside a clinical setting. This monitoring is often used to detect arrhythmias, evaluate the effectiveness of cardiac treatments, and assess overall heart health over an extended period.
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