How Has the Cardiac Ambulatory Monitoring Market Evolved Historically and What is its Current Size
The cardiac ambulatory monitoring market has seen considerable growth due to a variety of factors.
• In recent years, the cardiac ambulatory monitoring market has seen robust growth. From $14.17 billion in 2024, the market is projected to reach $14.97 billion in 2025, growing at a compound annual growth rate (CAGR) of 5.6%.
The notable growth observed during this historical frame is due to factors such as an increased prevalence of cardiovascular conditions, higher consciousness about heart health, the growing use of wearable technology, an aging population, and a greater emphasis on outpatient treatment and remote monitoring.
What is the Forecasted Market Size and CAGR for the Cardiac Ambulatory Monitoring Market?
The cardiac ambulatory monitoring market is expected to maintain its strong growth trajectory in upcoming years.
• The market size for cardiac ambulatory monitoring is anticipated to experience substantial growth in the upcoming years, escalating to $18.60 billion in 2029 with a 5.6% CAGR. This advancement in the forecast span can be credited to the surge in personalized healthcare methods, mounting adoption of mobile health apps, enhancements in telemedicine infrastructure, increasing health spending, and government-backed preventative health initiatives. Crucial market trends during the forecast period encompass AI-led predictive analytics, incorporation of cloud solutions, miniaturization of monitor devices, integration of real-time data analysis in wearable devices, and progress in battery longevity for constant tracking.
What Are The Leading Drivers Of Growth In The Cardiac Ambulatory Monitoring Market?
The cardiac ambulatory monitoring market's growth is set to be fueled by the escalating incidence of cardiovascular disease (CVD). CVD encompasses a range of disorders impacting the heart and blood vessels, such as heart attacks, strokes, and heart failure, typically resulting from blood vessel obstructions or heart function irregularities. Unhealthy food habits, sedentary lifestyles, smoking, stress, and an aging populace are some factors increasing the incidence of cardiovascular disease. Also, conditions like obesity, diabetes, and hypertension are adding to its expanding occurrence. Cardiac ambulatory monitoring offers continuous heart activity tracking, facilitating the early detection of abnormalities in patients with cardiovascular disease. It helps manage heart conditions efficiently by permitting real-time diagnosis and monitoring, negating the need for regular hospital visits. For instance, in September 2024, the British Heart Foundation, a cardiovascular research charity in the UK, stated that nearly 7.6 million people, including 4 million men and 3.6 million women, in the UK were affected by heart and circulatory diseases. They estimate that by 2030, this figure could surge by 1 million, and by 2040, it could swell to 2 million more than the present numbers. Hence, the rising incidence of cardiovascular disease is propelling the growth of the cardiac ambulatory monitoring market.
What Are The Principal Market Segments In The Global Cardiac Ambulatory Monitoring Healthcare Industry?
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
Pre-Book The Cardiac Ambulatory Monitoring Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
Which Emerging Market Trends Are Altering The Cardiac Ambulatory Monitoring
Major players in the cardiac ambulatory monitoring market are concentrating on the creation of innovative technologies, such as artificial intelligence (AI) and Bluetooth-enabled electrocardiogram devices, in order to advance patient monitoring and improve data precision. AI and Bluetooth-capable electrocardiogram instruments are sophisticated medical devices that utilise AI algorithms to conduct an instantaneous analysis of cardiac data and employ Bluetooth technology to wirelessly send this data to health professionals. AliveCor Inc., a US firm specialising in remote cardiac treatment services, for example, introduced the KardiaMobile Card in September 2024 as a handy, mobile tool for instant cardiac monitoring, primarily for spotting arrhythmias and handling heart conditions directly from their wallet. This tool allows patients to have immediate access to cardiac health data, which facilitates early identification of cardiac problems and aids in alleviating the economic impact of cardiovascular diseases.
Who Are the Key Players in the Cardiac Ambulatory Monitoring Market?
Major companies operating in the cardiac ambulatory monitoring market are include:
• 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
What are the Regional Insights into the Cardiac Ambulatory Monitoring Market?
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.
