PUBLISHER: The Business Research Company | PRODUCT CODE: 1670320
PUBLISHER: The Business Research Company | PRODUCT CODE: 1670320
Mobile ECG (electrocardiogram) devices are portable monitoring tools designed for capturing and assessing the electrical activity of the heart outside of clinical environments. These devices are characterized by their portability, lightweight design, and user-friendly features, making them well-suited for obtaining ECG readings either at home or while on the move. They serve as a comprehensive diagnostic approach for detecting arrhythmias, facilitating at-home heart monitoring, and providing complete disclosure of ECG signals, along with thorough data analysis and reporting.
Two main categories of mobile ECG devices exist, monitoring ECG systems and diagnostic ECG systems. Monitoring ECG systems are designed for rapid testing to assess the electrical activity and rhythm of the heart. These systems encompass various modalities, such as handheld, pen, band, and others, catering to a diverse range of end users. These end users include personal users, hospitals, clinics, and ambulatory services, highlighting the versatility and broad applicability of mobile ECG devices in different healthcare settings.
The mobile ECG devices market research report is one of a series of new reports from The Business Research Company that provides mobile ECG devices market statistics, including mobile ECG devices industry global market size, regional shares, competitors with a mobile ECG devices market share, detailed mobile ECG devices market segments, market trends and opportunities, and any further data you may need to thrive in the mobile ECG devices industry. This mobile ECG devices market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The mobile ECG devices market size has grown strongly in recent years. It will grow from $115.35 billion in 2024 to $122.18 billion in 2025 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to smartphone integration, clinical validation and research, telemedicine adoption, tech miniaturization, and connectivity, rise in health consciousness
The mobile ECG devices market size is expected to see strong growth in the next few years. It will grow to $166.82 billion in 2029 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to increasing cardiovascular disease burden, aging population demographics, telehealth expansion, consumer health awareness, and digital health initiatives. Major trends in the forecast period include personalized healthcare solutions, regulatory advancements, market penetration in emerging economies, focus on user-friendly design, and expansion in home healthcare.
The increasing prevalence of heart-related conditions is projected to drive the growth of the mobile ECG devices market in the future. Heart-related conditions encompass a range of disorders affecting the heart and blood vessels, including coronary heart disease, congenital heart disease, and others. Mobile ECG devices are primarily utilized to diagnose myocardial infarction and cardiac arrhythmias, facilitating more effective monitoring of heart disorders and reducing the number of untreated and unmonitored cases. For instance, in May 2024, the Centers for Disease Control and Prevention, a US-based government agency, reported that heart disease led to 702,880 deaths in the United States in 2022, representing 1 in every 5 fatalities. Thus, the rising incidence of heart-related conditions is driving the expansion of the mobile ECG devices market.
The growing geriatric population is anticipated to enhance the growth of the mobile ECG device market in the coming years. The geriatric population, defined as individuals aged 65 and older, often experiences age-related changes in their cardiovascular systems, necessitating regular monitoring of their heart health. Electrocardiogram (ECG) devices are commonly employed for this purpose. For example, in January 2024, the Pew Research Center, a US-based research organization, reported that the geriatric population was projected to increase by 0.5% by 2054. Therefore, the rise in the geriatric population is driving the expansion of the mobile ECG device market.
Technological advancements emerge as a key trend gaining prominence in the mobile ECG devices market, with major industry players actively embracing new technologies to maintain their competitive positions. An exemplar is AliveCor Inc., a US-based medical device and AI company, which, in February 2022, introduced the KardiaMobile Card. This pioneering personal ECG device, thin enough to fit in a wallet, utilizes Bluetooth technology to connect with smartphones and swiftly identify six prevalent arrhythmias. Users benefit from monthly heart health summaries, automatic ECG record sharing, and cardiologist ECG analysis. The KardiaMobile Card, based on AliveCor's AI-enabled Kardia technology, has demonstrated its portability and durability, allowing users to record an ECG anytime, anywhere, and is resilient to weather, water, and regular wear and tear.
Major companies in the mobile ECG device market are concentrating on introducing innovative technological solutions to maintain their market position. For instance, in January 2022, Koninklijke Philips N.V., a health technology company based in the Netherlands, launched the first at-home, 12-lead ECG integrated solution specifically designed for decentralized clinical trials. This groundbreaking solution allows patients to conduct ECG tests in the comfort of their homes while providing healthcare professionals with real-time, high-quality cardiac data. The device features advanced technology to ensure accuracy and reliability, making it an essential tool for clinical research and remote patient monitoring.
In October 2023, OMRON Healthcare India, a health technology company based in India, partnered with AliveCor India to incorporate AI-based handheld ECG technology into its product offerings. This collaboration aims to enhance OMRON's portfolio in the blood pressure monitoring market by introducing advanced home ECG monitoring devices. AliveCor India specializes in AI-driven ECG analysis, enabling accurate assessments of heart health.
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
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.
The countries covered in the mobile ecg devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The mobile ECG device market consists of sales of wearable ECG devices, smartphone-connected ECG devices, and patch-based ECG devices. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Mobile ECG Devices Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on mobile ecg devices market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for mobile ecg devices ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The mobile ecg devices market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.