What is the size of the Cardiac Monitoring Devices Market?
According to 6Wresearch internal database and industry insights, the Cardiac Monitoring Devices Market was demonstrated around USD 7.5 billion in 2024 and is projected to reach USD 12 billion by 2031, growing at a CAGR of 7.0% during the forecast period 2025–2031.
Cardiac monitoring devices market is predicted for the substantial growth as the market is driven by increasing cases of arrhythmias, heart failure, and other cardiac disorders, along with growing use of wearable technologies and remote patient monitoring systems.
Key Growth Drivers of the Cardiac Monitoring Devices Market
- Increasing global burden of cardiovascular diseases
- Growing adoption of wearable and portable monitoring solutions
- Rising geriatric population and healthcare awareness
- Technological advancements in real-time data transmission
- Expansion of telehealth and home-based care models
Cardiac Monitoring Devices Market Trends
The cardiac monitoring devices market is undergoing for the transformation as the demand for remote monitoring tools is increasing over the years. Further, the continuous ECG monitors and mobile cardiac telemetry devices are becoming more common, driven by their accuracy and convenience. This market is integrated with smartphones and cloud platforms is enhancing data accessibility and physician collaboration.
Emerging Developments in the Cardiac Monitoring Devices Market
Cardiac monitoring devices market is developing with several trends such as AI and machine learning are being incorporated into cardiac monitors to detect anomalies in real time. One notable trend such as patch-based, discreet monitoring systems are replacing bulky Holter monitors which offers improved patient compliance. Further, blue tooth-enabled and app-connected monitors are now standard in next-generation devices, enabling real-time alerts and long-term trend analysis.
Leading Companies in the Cardiac Monitoring Devices Market
- Medtronic
- GE HealthCare
- Philips Healthcare
- Abbott Laboratories
- Boston Scientific Corporation
- Biotronik
- iRhythm Technologies
- Hill-Rom (Welch Allyn)
- Nihon Kohden
- Schiller AG
How big is the Cardiac Monitoring Devices Market : FAQ's
The market was estimated at USD 7.5 billion in 2024 and is projected to reach USD 12 billion by 2031.
Growing heart disease prevalence, remote monitoring adoption, and tech innovation are key drivers.
Trends include wearable ECG monitors, AI integration, and mobile-connected telemetry devices.
Top players include Medtronic, Abbott, Philips, Boston Scientific, and GE HealthCare.
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