The Business Research Company’s report on the Mobile ECG Devices Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the primary drivers fueling the growth of the mobile ecg devices market in recent years?
The rising incidence of heart-related conditions is expected to propel the growth of the mobile ECG devices market going forward. Heart-related conditions refer to a group of disorders of the heart and blood vessels. It includes coronary heart disease, congenital heart disease, and others. Mobile ECG is primarily used to diagnose myocardial infarction and cardiac arrhythmias that aid in the more effective and manageable monitoring of heart disorders to reduce the number of untreated and unmonitored conditions. For instance, in May 2024, the Centers for Disease Control and Prevention, a US-based government agency, reported that in 2022, heart disease caused 702,880 deaths in the United States, accounting for 1 in every 5 fatalities. Therefore, the rising incidence of heart-related conditions is driving the growth of the mobile ECG devices market.
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What is the projected market size of the mobile ecg devices industry, and how is it expected to grow?
The mobile ECG devices market size has grown strongly in recent years. It will grow from $115.35 billion in 2024 to $122.18 billion in 2025 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to smartphone integration, clinical validation and research, telemedicine adoption, tech miniaturization, and connectivity, rise in health consciousness
The mobile ECG devices market size is expected to see strong growth in the next few years. It will grow to $166.82 billion in 2029 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to increasing cardiovascular disease burden, aging population demographics, telehealth expansion, consumer health awareness, and digital health initiatives. Major trends in the forecast period include personalized healthcare solutions, regulatory advancements, market penetration in emerging economies, focus on user-friendly design, and expansion in home healthcare.
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Who are the key players driving competition in the mobile ecg devices market?
Major companies operating in the mobile ECG devices market include Medtronic PLC, Koninklijke Philips N.V., GE Healthcare, Omron Corporation, Mindray Medical International Limited, ZOLL Medical Corporation, Nihon Kohden Corporation, Spacelabs Healthcare, Biotronik SE & Co KG, Fukuda Denshi Co. Ltd., Bittium Biosignals Ltd., Contec Medical Systems Co. Ltd., Schiller AG, Preventice Solutions Inc., BPL Medical Technologies Pvt. Ltd., AliveCor Inc., EB Neuro S.p.A, Mednet Healthcare Technologies Inc., GETEMED Medical and Information, QT Medical Inc., Qardio Inc., Innomed Medical Inc., MD Biomedical Inc., CardioComm Solutions Inc., Hexoskin, VectraCor Inc., Cardiocity Limited
What key trends are expected to drive the mobile c-arm market during the forecast period?
Advancements in technology are a key trend gaining popularity in the mobile ECG devices market. Major companies operating in the mobile ECG devices market are adopting new technologies to sustain their position in the market. For instance, in February 2022, AliveCor Inc., a US-based medical device and AI company, launched the KardiaMobile Card, the first personal ECG that is thin enough to fit in a wallet and provides rapid feedback on heart health. The KardiaMobile Card pairs with a smartphone using Bluetooth technology to identify six of the most prevalent arrhythmias. The users of the KardiaMobile Card also have access to monthly heart health summaries, automatic ECG record sharing, and cardiologist ECG analysis. The device’s algorithm is based on AliveCor’s AI-enabled Kardia technology, evaluated in over 170 peer-reviewed publications. AliveCor’s KardiaMobile Card is the most portable and durable ECG available, allowing customers to record an ECG anytime and anywhere. It is resistant to weather, water, and regular wear and tear.
Which key geographies are driving the growth of the mobile ecg devices market?
North America was the largest region in the mobile ECG devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the mobile ECG devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What are the key segments driving growth in the mobile ecg devices market?
The mobile ECG devices market covered in this report is segmented –
1) By Type: Monitoring ECG Systems, Diagnostics ECG Systems
2) By Modality: Handheld, Pen, Band, Other Modalities
3) By End User: Personal Users, Hospitals, Clinics, Ambulatory IT & Communication Technology
Subsegments:
1) By Monitoring ECG Systems: Wearable ECG Monitors, Handheld ECG Monitors, Patch-Based ECG Monitors
2) By Diagnostics ECG Systems: Portable ECG Devices, Smartphone-Based ECG Devices, Holter Monitors
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What defines the structure and scope of the mobile ecg devices market?
Mobile ECG (electrocardiogram) devices refer to portable ECG monitoring devices used outside of a clinical setting to capture and evaluate the heart’s electrical activity. These tools are frequently portable, lightweight, and user-friendly, making them ideal for taking ECG readings at home or on the go. It is the comprehensive diagnostic approach for diagnosing arrhythmias, which enables at-home heart monitoring and delivers full disclosure ECG signal, complete data, analysis, and reporting.
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