Cardiac monitoring is a critical aspect of healthcare that involves the continuous or periodic observation of a patient's heart activity. This monitoring is essential for assessing the heart's function, detecting abnormalities, and evaluating the effectiveness of treatments. There are various methods of cardiac monitoring, including electrocardiography (ECG or EKG), Holter monitoring, event monitoring, and implantable loop recorders.
The global cardiac monitoring market is expected to increase by USD 2.8 billion, at a compound annual growth rate (CAGR) of 5.4% from 2023 to 2029, according to the latest edition of the Global Cardiac Monitoring Market Report.
This comprehensive industry report provides market estimates and forecasts, accompanied by a detailed examination of the product, mode, end user, and region aspects. It delivers a quantitative analysis of the market, empowering stakeholders to leverage existing market opportunities. Furthermore, the report identifies key segments for potential opportunities and strategies, drawing insights from market trends and the approaches of leading competitors.
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The global market for cardiac monitoring can be segmented by product: cardiac event monitors, cardiac output monitors, holter monitors, implantable cardiac monitors (ICM), mobile cardiac telemetry (MCT), resting ECG, stress ECG. The resting ECG segment held the largest revenue share in 2022.
Cardiac monitoring market is further segmented by mode: standard, ambulatory. Among these, the standard segment was accounted for the highest revenue generator in 2022.
Based on end user, the cardiac monitoring market is segmented into: cardiology specialty clinics, diagnostic centers, hospitals, others.
On the basis of region, the cardiac monitoring market also can be divided into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. According to the research, North America had the largest share in the global cardiac monitoring market.
The market research report covers the analysis of key stake holders of the global cardiac monitoring market. Some of the leading players profiled in the report include Abbott Laboratories, ACS Diagnostics, Inc., Aerotel Medical Systems Ltd., AliveCor, Inc., Bardy Diagnostics, Inc., BIOTRONIK SE & Co. KG, Bittium Corporation, Boston Scientific Corporation, Cortrium ApS, Deltex Medical Limited, Edwards Lifesciences Corporation, Fukuda Denshi Co., Ltd., GE Healthcare Inc., Getinge AB, Hexoskin , Hill-Rom Holdings, Inc., iRhythm Technologies, Inc., Koninklijke Philips N.V., Masimo Corporation, MC10, Inc., Medicalgorithmics S.A., Medtronic plc, Nihon Kohden Corporation, OSI Systems, Inc., Schiller AG, Spacelabs Healthcare, Inc., Vaso Corporation, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Market Segments Covered in Global Cardiac Monitoring Industry Analysis:
i.) Product
- Cardiac event monitors
- Cardiac output monitors
- Holter monitors
- Implantable cardiac monitors (ICM)
- Mobile cardiac telemetry (MCT)
- Resting ECG
- Stress ECG
ii.) Mode
- Standard
- Ambulatory
iii.) End user
- Cardiology specialty clinics
- Diagnostic centers
- Hospitals
- Others
iv.) Region
- North America
- Europe
- Asia-Pacific
- MEA (Middle East and Africa)
- Latin America