Product Code: CMI7493
The ambulatory electrocardiography market is estimated to be valued at USD 690.1 Mn in 2024 and is expected to reach USD 1,209.1 Mn by 2031, exhibiting a compound annual growth rate (CAGR) of 8.3% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
690.1 Mn |
Historical Data for: |
2019 to 2023 |
Forecast Period: |
2024 to 2031 |
Forecast Period 2024 to 2031 CAGR: |
8.30% |
2031 Value Projection: |
1,209.1 Mn |
Figure. Ambulatory Electrocardiography Market Share (%), By Region 2024
Ambulatory electrocardiography, commonly known as Holter monitoring, involves continuous recording of a patient's heart activity for 24 to 48 hours using portable electrocardiography devices. It plays a crucial role in diagnosing heart conditions like arrhythmia that are intermittent in nature or occur infrequently. Ambulatory electrocardiography aids in detecting abnormal heartbeats, assessing pacemakers and defibrillators, evaluating the patient's symptoms like dizziness or fainting, and monitoring the effects of medications. Technological advancements have led to the development of lightweight, compact recorders with expanded storage and longer battery life, allowing for remote monitoring and improving patient comfort. The growing prevalence of cardiac diseases and rising demand for long-term heart monitoring in chronic care management are anticipated to drive the global ambulatory electrocardiography market in the coming years.
Market Dynamics:
The global ambulatory electrocardiography market is set to grow significantly, driven by rising cardiovascular disorders, an aging population prone to arrhythmias, and the increasing preference for ambulatory monitoring over traditional Holter systems due to its convenience. However, the market growth can be hindered by the high cost of advanced devices, lack of reimbursement policies in some regions, and data security concerns related to wireless ambulatory electrocardiography devices. Emerging opportunities in remote cardiac monitoring, technological advancements like smartphone-enabled recorders and AI, rising medical tourism, and demand for cost-effective long-term ECG testing are expected to create lucrative growth avenues for market players.
Key Features of the Study:
This report provides in-depth analysis of the global ambulatory electrocardiography market, and provides market size (USD Million) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global ambulatory electrocardiography market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Medtronic, Philips Healthcare, GE Healthcare, Zebra Medical Vision, AliveCor, Inc., BioTelemetry, Inc., CardioNet, Inc., Hill-Rom Holdings, Inc., Biosense Webster (a part of Johnson & Johnson), Schiller AG, eCardio Diagnostics, LLC, MediCardia, Qardio, Inc., Nihon Kohden Corporation, Cardiac Insight, Inc., HuaMed Technologies, Bionym Inc., iRhythm Technologies, Inc., VivaLNK, Inc., and Ameda, Inc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global ambulatory electrocardiography market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global ambulatory electrocardiography market
Market Segmentation
- By Product Type Insights (Revenue, USD Mn, 2019 - 2031)
- Holter Monitors
- Event Monitors
- Mobile Cardiac Telemetry (MCT) Devices
- Wearable electrocardiography Monitors
- Software Solutions
- By Application Insights (Revenue, USD Mn, 2019 - 2031)
- Arrhythmia Detection
- Ischemic Heart Disease
- Heart Failure Monitoring
- Other Applications
- By End User Insights (Revenue, USD Mn, 2019 - 2031)
- Hospitals
- Cardiology Clinics
- Home Care Settings
- Ambulatory Surgical Centers
- Regional Insights (Revenue, USD Mn, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- Medtronic
- Philips Healthcare
- GE Healthcare
- Zebra Medical Vision
- AliveCor, Inc.
- BioTelemetry, Inc.
- CardioNet, Inc.
- Hill-Rom Holdings, Inc.
- Biosense Webster (a part of Johnson & Johnson)
- Schiller AG
- eCardio Diagnostics, LLC
- MediCardia
- Qardio, Inc.
- Nihon Kohden Corporation
- Cardiac Insight, Inc.
- HuaMed Technologies
- Bionym Inc.
- iRhythm Technologies, Inc.
- VivaLNK, Inc.
- Ameda, Inc.
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Ambulatory Electrocardiography Market, By Product Type
- Ambulatory Electrocardiography Market, By Application
- Ambulatory Electrocardiography Market, By End User
- Ambulatory Electrocardiography Market, By Region
3. Market Dynamics, Regulations, And Trends Analysis
- Market Dynamics
- Driver
- Restraint
- Opportunity
- Impact Analysis
- Key Developments
- Regulatory Scenario
- Product Launches/Approvals
- PEST Analysis
- PORTER's Analysis
- Merger and Acquisition Scenario
- Industry Trends
4. Global Ambulatory Electrocardiography Market, By Product Type, 2019-2031, (USD Mn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Holter Monitors
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Event Monitors
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Mobile Cardiac Telemetry (MCT) Devices
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Wearable ECG Monitors
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Software Solutions
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
5. Global Ambulatory Electrocardiography Market, By Application, 2019-2031, (USD Mn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Arrhythmia Detection
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Ischemic Heart Disease
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Heart Failure Monitoring
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Other Applications
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
6. Global Ambulatory Electrocardiography Market, By End User, 2019-2031, (USD Mn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Hospitals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Cardiology Clinics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Home Care Settings
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Ambulatory Surgical Centers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
7. Global Ambulatory Electrocardiography Market, By Region, 2019 - 2031, Value (USD Mn)
- Introduction
- Market Share (%) Analysis, 2024,2027 & 2031, Value (USD Mn)
- Market Y-o-Y Growth Analysis (%), 2020 - 2031, Value (USD Mn)
- Regional Trends
- North America
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By End User, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Mn)
- Latin America
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By End User, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Mn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By End User, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Mn)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By End User, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Mn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By End User, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Mn)
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By End User, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Country/Region, 2019 - 2031, Value (USD Mn)
- South Africa
- North Africa
- Central Africa
8. Competitive Landscape
- Medtronic
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Philips Healthcare
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- GE Healthcare
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Zebra Medical Vision
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- AliveCor, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- BioTelemetry, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- CardioNet, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Hill-Rom Holdings, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Biosense Webster (a part of Johnson & Johnson)
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Schiller AG
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- eCardio Diagnostics, LLC
- MediCardia
- Qardio, Inc.
- Nihon Kohden Corporation
- Cardiac Insight, Inc.
- HuaMed Technologies
- Bionym Inc.
- iRhythm Technologies, Inc.
- VivaLNK, Inc.
- Ameda, Inc.
9. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
10. References and Research Methodology
- References
- Research Methodology
- About us