2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What Industry-Specific Factors Are Fueling the Growth of theMobile ECG Devices Market?

Anticipated upsurge in heart-related illnesses is projected to boost the expansion of the mobile ECG devices market in the future. Heart-related illnesses are a spectrum of conditions affecting the heart and blood vessels, including but not limited to, coronary heart disease and congenital heart disease. Mobile ECG devices’ primary function is to detect myocardial infraction and cardiac arrhythmias, enhancing the efficiency and manageability of heart disorder monitoring, thereby decreasing the levels of undiagnosed and unobserved conditions. For example, the US governmental agency, Centers for Disease Control and Prevention, stated in May 2024, that in the year 2022, heart disease was responsible for 702,880 deaths in the United States, contributing to 1 in every 5 deaths. Hence, the escalating occurrence of heart-related illnesses serves as the catalyst for the development of the mobile ECG devices market.

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How Has the Mobile ECG Devices Market Evolved in Recent Years, and What are the Growth Projections for the Forecast Period?

In recent years, there has been a significant increase in the market size of mobile ECG devices. It is projected to rise from $115.35 billion in 2024 to $122.18 billion in 2025, recording a compound annual growth rate (CAGR) of 5.9%. Factors such as integration of smartphones, clinical validation and research, embracing telemedicine, technological miniaturization, enhanced connectivity, and growing health awareness have contributed to the growth during the historic period.

The market size for mobile ECG devices is anticipated to experience robust growth in the coming years, reaching a value of $166.82 billion in 2029 with a compound annual growth rate (CAGR) of 8.1%. The predicted growth during this period can be associated with factors such as the rising burden of cardiovascular disease, demographic shifts towards an aging population, the growth of telehealth, increased awareness of health among consumers, and initiatives in digital health. Key trends expected throughout this forecast period entail personalized healthcare solutions, regulatory progress, increased market involvement in developing economies, a focus on user-friendly designs, and growth in home healthcare.

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What Key Market Trends and Innovations Are Shaping the Future of theMobile ECG Devices Industry?

Technological advancements stand out as a primary trend gaining momentum in the mobile ECG devices market. To maintain their market stance, prominent companies in this sector are adapting to new technologies. A case in point is AliveCor Inc., a medical device and AI firm based in the United States, which introduced the KardiaMobile Card in February 2022. This is the first personal ECG that fits in a wallet, capable of offering quick insights into heart health. This KardiaMobile Card connects to a smartphone via Bluetooth to detect six common arrhythmias. Users receive monthly heart health summaries, automatic ECG record sharing capabilities, and ECG analysis from cardiologists. The algorithm driving the device is derived from AliveCor’s AI-powered Kardia technology, validated by over 170 peer-reviewed studies. The KardiaMobile Card from AliveCor leads for its portability and durability, empowering users to conduct an ECG at any place or time. Additionally, it can withstand varying weather conditions, water exposure, and normal wear and tear.

Which Companies Are Leading the Charge in Expanding theMobile ECG Devices Market Growth?

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

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How is the Global Mobile ECG Devices Market Segemented?

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 Services

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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Which Geographics are Influencing 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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