Global Wearable ECG Monitors Market Revenue and CAGR Forecast Analysis 2025–2029
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What Is The Current Size And Growth Outlook For The Wearable ECG Monitors Market?
The market size of wearable ecg monitors has witnessed significant growth in the past few years. It is projected to increase from $3.97 billion in 2024 to $4.78 billion in 2025, indicating a compound annual growth rate (CAGR) of 20.5%. The substantial growth during the historic period is due to factors such as high occurrence of atrial fibrillation, increased health and fitness awareness among the populace, and a swift increase in the aging population.
In the coming years, it is expected that the market size for wearable ecg monitors will experience a remarkable growth. By 2029, it’s anticipated to reach a value of $11.1 billion with a compound annual growth rate (CAGR) of 23.5%. This forecasted growth is attributed to factors such as the rise in cardiovascular disease cases, growing demand for non-invasive ambulatory rhythm monitoring, and the impact of swift progress in technology. In the forecast period, the market is set to be shaped by trends including the application of artificial intelligence, advancements in the technology of wearable ECG devices, the integration of technology and analytics in patient care, investments in wearable technology and mobile applications, and innovative uses of cardiovascular monitoring technologies.
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What Core Drivers Are Expected To Influence The Wearable ECG Monitors Market?
The escalating rates of cardiovascular diseases (CVD) have stimulated the advancement of wearable devices capable of uninterrupted cardiac monitoring. The Centers for Disease Control and Prevention states that in the United States, a person succumbs to CVD every 36 seconds, amounting to approximately 836,546 deaths annually. As per a report from the National Library of Medicine in October 2022, projections for 2035 indicate that 45.1% of the US population will likely have some kind of cardiovascular disease. By that same year, the cumulative costs associated with these diseases could potentially rise to $1.1 trillion. Hence, this surge in cardiovascular diseases (CVD) instigates the development of the wearable ECG monitors market.
Which Segmentation Categories Are Highlighted In The Wearable ECG Monitors Market Analysis?
The wearable ecg monitorsmarket covered in this report is segmented –
1) By Type: Wired, Wireless
2) By Application: Atrial Fibrillation, Atherosclerosis, Cardiac Dysrhythmia, Congestive Heart Failures (CHF), Coronary Artery Disease, Angina And Heart Attack, Bradycardia, Tachycardia
3) By Grade: Consumer, Clinical
4) By Sales Channel: Online, Pharmacy
Subsegments:
1) By Wired: Single-Lead Wired ECG Monitors, Multi-Lead Wired ECG Monitors
2) By Wireless: Bluetooth-Enabled ECG Monitors, Wi-Fi-Enabled ECG Monitors, Smartphone-Compatible ECG Monitors
Which Market Trends Are Expected To Define The Future Of The Wearable ECG Monitors Market?
Extended mobile rhythm monitoring is indispensable for diagnosing irregular and sporadic heart rhythm. Traditional non-invasive monitoring tools, including Holter monitoring or standalone external cardiac event recorders, face restrictions with respect to low accuracy, low detection capacity, and substandard patient adherence. Even though implantable cardiac monitors (ICMs) deliver assistance in continuous monitoring, they require minor surgical procedure and come with a steep price tag, making it less viable. Hence, the need for non-invasive mobile rhythm monitoring is accelerating. Smart clothing technology has emerged as a novel substitute as a non-invasive mobile rhythm monitor.
Who Are The Dominant Players In The Wearable ECG Monitors Market Today?
Major companies operating in the wearable ecg monitors market include iRhythm Technologies, Inc, Koninklijke Philips N.V (Philips healthcare), General Electric Company (GE Healthcare), Nihon Kohden Corporation, Medtronic, CardioComm Solutions, Inc., Withings, QardioCore, AliveCor Inc., Aerotel Medical Systems Ltd., General Medical Inc, Kavitul Technologies Private Limited, Web Biotechnology, Shenzhen YKD Technology Co.,Ltd, SanketLife, Jiangsu Medomics Medical Technology Co., Ltd, Contec Medical Systems Co., Ltd, Hunan Rainbow Technology Co., Ltd, B-Secur, Shimmer Sensing, VEMO, SmartCardia, Omron Kardiamobile EKG, Diagnostic and Interventional Cardiology (DAIC), Inovatica, Emtel, Trismed Co., Ltd, Plux Biosignals, Newtech Inc, Ultromics, CardioNet, Preventice Solutions, Boston Scientific (US), BTL, Apple, Pratixia Dermo Solucoes Ltda, STMicroelectronics, Cardiac Insight Inc, CardiacSense, C3⁺ Holter Monitor (Cortrium), BIOEGYPT
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Which Regional Markets Are Emerging As Key Hubs For The Wearable ECG Monitors Market?
Western Europe was the largest region in the wearable ECG monitor market in 2024. North America was the second-largest region in the global wearable ECG monitors market share. The regions covered in the wearable ECG monitors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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