Key Trends and Insights into the Electrocardiogram (ECG) Telemetry Devices Market: Growth Rate and Opportunities to 2034
Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!
How Will the CAGR of the Electrocardiogram (ECG) Telemetry Devices Market Influence Its Overall Growth by 2034?
The market for electrocardiogram (ECG) telemetry devices has seen considerable expansion in recent times. The market’s projected growth trajectory takes it from $4.14 billion in 2024 to $4.5 billion in 2025, with a compound annual growth rate (CAGR) of 8.7%. This previous growth was driven by factors like the rising geriatric population, increasing incidence of cardiovascular diseases, the burgeoning demand for home care monitoring devices, the prevalence of a sedentary lifestyle, and the escalation of life-threatening diseases.
Robust growth in the upcoming years is projected for the electrocardiogram (ECG) telemetry devices market, anticipated to expand to $6.21 billion in 2029, with a compound annual growth rate (CAGR) of 8.4%. Factors contributing to this growth over the forecast period include the rising incidence of obesity, pronounced use of alcohol and cigarettes, heightened awareness of cardiovascular well-being, commonality of arrhythmia, and escalating stress amongst individuals. Key trends to observe during the forecast period comprises technological progression, the automation of ECG deciphering technology, the application of data analytics, utilisation of sensor technology, the rise of internet of things (IoT), and mobile computing technology advancements.
What Factors Are Propelling the Growth of the Electrocardiogram (ECG) Telemetry Devices Market from 2025 to 2034?
The electrocardiogram (ECG) telemetry devices market is anticipated to experience growth due to the escalating prevalence of cardiovascular diseases. These diseases encompass a range of disorders that impact the heart and blood vessels such as coronary artery disease, heart failure, and strokes. The growing prevalence of these diseases is often linked to factors like unhealthy eating behaviours, lack of physical activity, tobacco usage, excessive alcohol intake, air pollution, and sociopolitical determinants like stress and poverty. ECG telemetry devices can enhance the quality of cardiovascular care as they offer continuous real-time tracking, enable remote and home-based healthcare, improve the efficiency of implantable devices, assist in accurate diagnosis and personalized treatment, and ensure rapid response in emergencies. For instance, a report released in January 2024 by the American Heart Association, a non-profit organization based in the United States, informs that the age-adjusted death rate due to cardiovascular disease escalated to 233.3 per 100,000 in 2024, marking an increase of 4.0% from the previous year’s 224.4 per 100,000. Consequently, the expansion of the electrocardiogram (ECG) telemetry devices market can be attributed to the increasing incidence of cardiovascular diseases.
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Who Are the Leading Companies Pioneering Change in the Electrocardiogram (ECG) Telemetry Devices Market?
Major companies operating in the electrocardiogram (ECG) telemetry devices market are:
• Johnson & Johnson
• Medtronic PLC
• Koninklijke Philips N.V.
• GE Healthcare Company
• ZOLL Medical Corporation
What Are the Most Significant Trends Transforming the Electrocardiogram (ECG) Telemetry Devices Market Today?
Prominent businesses in the electrocardiogram (ECG) telemetry devices market like Biotricity are concentrating on the production of highly sophisticated products. These include disruptive cardiac monitoring devices that offer improved accuracy, instantaneous data transmission, and compatibility with mobile health networks, facilitating superior remote patient supervision and early identification of cardiovascular incidents. These innovative technologies dramatically enhance patient care by offering ongoing heart rhythm surveillance and early warnings of heart anomalies, thereby enabling prompt diagnosis and treatment of heart diseases. For instance, in March 2022, Biotricity, an American company known for its cutting-edge remote monitoring devices and health-based applications, released Biotres, a disruptive cardiac monitor. Biotres supplies constant, three-channel ECG data to improve detection of heart arrhythmias. The device, designed for long-term wear, provides up to 30 days of supervision with automatic data transmission and wire-free connectivity, greatly cutting down on diagnosis delays compared to traditional holter monitors. Biotres’ user-centric design and modular features mark it as a groundbreaking addition to the remote patient monitoring market, tackling the rising requirement for effective heart care.
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What Are the Primary Segments of the Electrocardiogram (ECG) Telemetry Devices Market and Their Roles in Growth Dynamics?
The electrocardiogram (ECG) telemetry devices market covered in this report is segmented –
1) By Product: Event Monitoring And Mobile Cardiac Telemetry, Implantable Loop Recorders, Other Products
2) By Application: Arrhythmias, Myocardial Ischemia and Infarction, Pacemaker Monitoring, Other Applications
3) By End-User: Hospitals, Home Healthcare
Subsegments:
1) By Event Monitoring And Mobile Cardiac Telemetry: Handheld Event Monitors, Wireless Mobile Cardiac Telemetry Devices, Real-Time Event Monitors, Patch-Based Event Monitors, Mobile ECG Telemetry Systems With Cloud Integration
2) By Implantable Loop Recorders: Subcutaneous Implantable Loop Recorders (ILRs), Wireless Implantable Loop Recorders, Long-Term Monitoring Implantable Loop Recorders, Miniaturized Implantable Loop Recorders, Remote Monitoring Implantable Loop Recorders
3) By Other Products: Holter Monitors, Wireless ECG Monitors, Smart Wearable ECG Devices, Patch-Based ECG Monitors, Portable ECG Telemetry Devices
Which Regions Are Leading the Charge in Electrocardiogram (ECG) Telemetry Devices Market Development?
North America was the largest region in the electrocardiogram (ECG) telemetry devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the electrocardiogram (ECG) telemetry devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
How Is the Definition of the Electrocardiogram (ECG) Telemetry Devices Market Impacting Future Growth?
Electrocardiogram (ECG) telemetry devices are medical tools used to remotely monitor and record the electrical activity of a patient’s heart over time. These devices are crucial in diagnosing and managing various heart conditions, such as arrhythmias, heart attacks, and other cardiovascular disorders. Electrocardiogram (ECG) telemetry devices are vital in inpatient and outpatient care, providing critical information that can lead to early detection and intervention for heart-related issues.
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