Cardiac Safety Services Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2025

Description

The global cardiac safety services market is expected to experience robust growth, with its size increasing from USD 811 million in 2024 to USD 2305.1 million by 2032, reflecting a compound annual growth rate (CAGR) of 14.1% from 2025 to 2032. This growth is driven by the growing demand for clinical trial support services that monitor heart health across various stages of drug development. Cardiac safety services are essential for evaluating and ensuring the safety of heart functions during clinical trials, a necessity as the number of drug launches and clinical trials continues to rise globally.

Additionally, increased healthcare spending, advancing medical technologies, and strategic initiatives by leading pharmaceutical companies and research organizations contribute significantly to market expansion. The rising aging population, coupled with the sedentary lifestyle trends among millennials, further accelerates the demand for cardiac safety solutions. The COVID-19 pandemic has also had a positive impact on the market, highlighting the importance of heart health monitoring due to the virus's detrimental effects on the cardiovascular system, further propelling the need for specialized cardiac safety services.

Key Insights

The integrated services category captured the largest share of the market in 2024, holding 80%. These services, which include a comprehensive range of offerings from start to finish of clinical trials, are essential for monitoring heart health during the entire drug development cycle, including imaging solutions and QT studies.

The standalone services segment is expected to grow at the highest rate during the forecast period, driven by the increasing need for specialized, individual services such as blood pressure measurement and ECG monitoring, particularly in late-phase clinical trials.

The ECG/Holter measurement category, holding 65% of the market in 2024, continues to dominate due to its ability to provide continuous, non-invasive monitoring of heart activity. This service is critical in clinical trials, especially for drugs that could affect heart function.

Blood pressure measurement is forecasted to grow at the highest CAGR during the forecast period. With hypertension being a leading risk factor for cardiovascular diseases, its regular monitoring is critical in clinical trials, particularly for drugs related to cardiovascular, nephrology, and metabolic diseases.

AI and machine learning (ML) are revolutionizing the cardiac safety services market. The increasing volume of data generated by wearable and remote monitoring devices demands more efficient and accurate analysis. AI and ML technologies are helping speed up ECG evaluations, reducing costs, and enabling early detection of life-threatening cardiac issues during trials.

Pharmaceutical and biopharmaceutical companies remain the largest market segment, holding 75% of the market in 2024. These companies conduct numerous clinical trials, making cardiac safety services crucial at every stage of drug development, particularly for compounds that may impact heart function.

The contract research organizations (CROs) segment is growing at the highest rate, as more pharmaceutical companies are outsourcing cardiac safety services to CROs. This trend is expected to continue as CROs offer specialized expertise and technology that enhances the accuracy and efficiency of clinical trials.

North America held the largest market share of 40% in 2024, driven by the increasing number of clinical trials and the introduction of innovative cardiac safety products. The high healthcare expenditure and the prevalence of cardiovascular diseases in the region also contribute to the market's growth.

Europe is expected to grow at the highest rate during the forecast period, attributed to the region's strong healthcare infrastructure, aging population, and rising cardiovascular disease rates. European countries are investing heavily in new healthcare technologies, further fueling the demand for cardiac safety services.

In the Asia-Pacific region, China and India are expected to be key contributors to the market's growth, with increasing healthcare investments, a growing aging population, and rising awareness of cardiovascular health.

Leading players in the market include Koninklijke Philips N.V., IQVIA, Medpace Inc., and Eurofins Scientific SE, among others. These companies are continuously innovating, incorporating AI-powered solutions, and expanding their product offerings to stay competitive in the market.

AI-driven innovations such as Philips' Compact Ultrasound 5500CV, which aids in cardiac imaging, and Clario's AI-powered ECG data quality checker, are examples of how technology is enhancing the accuracy and efficiency of cardiac safety services, improving the overall outcomes of clinical trials.

The rising focus on personalized medicine, along with regulatory pressures for more comprehensive cardiac safety assessments, is expected to fuel further demand for these services, creating new opportunities for growth in the cardiac safety services market.

Product Code: 12598

Chapter 1. Research Scope

1.1. Research Objectives
1.2. Market Definition
1.3. Analysis Period
1.4. Market Size Breakdown by Segments
- 1.4.1. Market Size Breakdown, by Type
- 1.4.2. Market Size Breakdown, by Type of Service
- 1.4.3. Market Size Breakdown, by End User
- 1.4.4. Market Size Breakdown, by Region
- 1.4.5. Market Size Breakdown, by Country
1.5. Market Data Reporting Unit
- 1.5.1. Revenue
1.6. Key Stakeholders

Chapter 2. Research Methodology

2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence Database
2.2. Primary Research
2.3. Market Size Estimation
2.4. Data Triangulation
2.5. Currency Conversion Rates
2.6. Assumptions for the Study
2.7. Notes and Caveats

Chapter 3. Executive Summary

Chapter 4. Market Indicators

Chapter 5. Industry Outlook

5.1. Industry Background
5.2. Market Dynamics
- 5.2.1. Trends
- 5.2.2. Drivers
- 5.2.3. Restraints/Challenges
- 5.2.4. Emerging Economies and Key Opportunities
- 5.2.5. Impact Analysis of Drivers/Restraints
5.3. Impact of COVID-19
5.4. Sociopolitical Impact
5.5. Porter's Five Forces Analysis
- 5.5.1. Bargaining Power of Buyers
- 5.5.2. Bargaining Power of Suppliers
- 5.5.3. Threat of New Entrants
- 5.5.4. Intensity of Rivalry
- 5.5.5. Threat of Substitutes
5.6. Innovation and Technology Trends
5.7. Economic and Regulatory Impact
5.8. Market Entry Strategies

Chapter 6. Competitive Landscape

6.1. List of Market Players and their Offerings
6.2. Market Share of Key Players (2024)
- 6.2.1. Global
- 6.2.2. North America
- 6.2.3. Europe
- 6.2.4. Asia-Pacific
- 6.2.5. Latin America
- 6.2.6. Middle East & Africa
6.3. Competitive Benchmarking of Key Players
6.4. Recent Strategic Developments by Key Players
6.5. Company Leadership Matrix

Chapter 7. Global Market

7.1. Overview
7.2. Market Revenue, by Type (2019-2032)
7.3. Market Revenue, by Type of Service (2019-2032)
7.4. Market Revenue, by End User (2019-2032)
7.5. Market Revenue, by Region (2019-2032)

Chapter 8. North America Market

8.1. Overview
8.2. Market Revenue, by Type (2019-2032)
8.3. Market Revenue, by Type of Service (2019-2032)
8.4. Market Revenue, by End User (2019-2032)
8.5. Market Revenue, by Country (2019-2032)

Chapter 9. Europe Market

9.1. Overview
9.2. Market Revenue, by Type (2019-2032)
9.3. Market Revenue, by Type of Service (2019-2032)
9.4. Market Revenue, by End User (2019-2032)
9.5. Market Revenue, by Country (2019-2032)

Chapter 10. Asia-Pacific Market

10.1. Overview
10.2. Market Revenue, by Type (2019-2032)
10.3. Market Revenue, by Type of Service (2019-2032)
10.4. Market Revenue, by End User (2019-2032)
10.5. Market Revenue, by Country (2019-2032)

Chapter 11. Latin America Market

11.1. Overview
11.2. Market Revenue, by Type (2019-2032)
11.3. Market Revenue, by Type of Service (2019-2032)
11.4. Market Revenue, by End User (2019-2032)
11.5. Market Revenue, by Country (2019-2032)

Chapter 12. Middle East & Africa Market

12.1. Overview
12.2. Market Revenue, by Type (2019-2032)
12.3. Market Revenue, by Type of Service (2019-2032)
12.4. Market Revenue, by End User (2019-2032)
12.5. Market Revenue, by Country (2019-2032)

Chapter 13. U.S. Market

13.1. Overview
13.2. Economic Indicators
13.3. Demographics and Population Insights
13.4. Regional Hotspots
13.5. Growth Drivers
13.6. Challenges and Barriers
13.7. Competitive Strategies
13.8. Emerging Players
13.9. Compliance Requirements
13.10. Emerging Investment Areas
13.11. Major Ongoing Projects
13.12. Market Size and Forecast
- 13.12.1. Market Revenue, by Type (2019-2032)
- 13.12.2. Market Revenue, by Type of Service (2019-2032)
- 13.12.3. Market Revenue, by End User (2019-2032)

Chapter 14. Canada Market

14.1. Overview
14.2. Economic Indicators
14.3. Demographics and Population Insights
14.4. Regional Hotspots
14.5. Growth Drivers
14.6. Challenges and Barriers
14.7. Competitive Strategies
14.8. Emerging Players
14.9. Compliance Requirements
14.10. Emerging Investment Areas
14.11. Major Ongoing Projects
14.12. Market Size and Forecast
- 14.12.1. Market Revenue, by Type (2019-2032)
- 14.12.2. Market Revenue, by Type of Service (2019-2032)
- 14.12.3. Market Revenue, by End User (2019-2032)

Chapter 15. U.K. Market

15.1. Overview
15.2. Economic Indicators
15.3. Demographics and Population Insights
15.4. Regional Hotspots
15.5. Growth Drivers
15.6. Challenges and Barriers
15.7. Competitive Strategies
15.8. Emerging Players
15.9. Compliance Requirements
15.10. Emerging Investment Areas
15.11. Major Ongoing Projects
15.12. Market Size and Forecast
- 15.12.1. Market Revenue, by Type (2019-2032)
- 15.12.2. Market Revenue, by Type of Service (2019-2032)
- 15.12.3. Market Revenue, by End User (2019-2032)

Chapter 16. Germany Market

16.1. Overview
16.2. Economic Indicators
16.3. Demographics and Population Insights
16.4. Regional Hotspots
16.5. Growth Drivers
16.6. Challenges and Barriers
16.7. Competitive Strategies
16.8. Emerging Players
16.9. Compliance Requirements
16.10. Emerging Investment Areas
16.11. Major Ongoing Projects
16.12. Market Size and Forecast
- 16.12.1. Market Revenue, by Type (2019-2032)
- 16.12.2. Market Revenue, by Type of Service (2019-2032)
- 16.12.3. Market Revenue, by End User (2019-2032)

Chapter 17. France Market

17.1. Overview
17.2. Economic Indicators
17.3. Demographics and Population Insights
17.4. Regional Hotspots
17.5. Growth Drivers
17.6. Challenges and Barriers
17.7. Competitive Strategies
17.8. Emerging Players
17.9. Compliance Requirements
17.10. Emerging Investment Areas
17.11. Major Ongoing Projects
17.12. Market Size and Forecast
- 17.12.1. Market Revenue, by Type (2019-2032)
- 17.12.2. Market Revenue, by Type of Service (2019-2032)
- 17.12.3. Market Revenue, by End User (2019-2032)

Chapter 18. Italy Market

18.1. Overview
18.2. Economic Indicators
18.3. Demographics and Population Insights
18.4. Regional Hotspots
18.5. Growth Drivers
18.6. Challenges and Barriers
18.7. Competitive Strategies
18.8. Emerging Players
18.9. Compliance Requirements
18.10. Emerging Investment Areas
18.11. Major Ongoing Projects
18.12. Market Size and Forecast
- 18.12.1. Market Revenue, by Type (2019-2032)
- 18.12.2. Market Revenue, by Type of Service (2019-2032)
- 18.12.3. Market Revenue, by End User (2019-2032)

Chapter 19. Spain Market

19.1. Overview
19.2. Economic Indicators
19.3. Demographics and Population Insights
19.4. Regional Hotspots
19.5. Growth Drivers
19.6. Challenges and Barriers
19.7. Competitive Strategies
19.8. Emerging Players
19.9. Compliance Requirements
19.10. Emerging Investment Areas
19.11. Major Ongoing Projects
19.12. Market Size and Forecast
- 19.12.1. Market Revenue, by Type (2019-2032)
- 19.12.2. Market Revenue, by Type of Service (2019-2032)
- 19.12.3. Market Revenue, by End User (2019-2032)

Chapter 20. China Market

20.1. Overview
20.2. Economic Indicators
20.3. Demographics and Population Insights
20.4. Regional Hotspots
20.5. Growth Drivers
20.6. Challenges and Barriers
20.7. Competitive Strategies
20.8. Emerging Players
20.9. Compliance Requirements
20.10. Emerging Investment Areas
20.11. Major Ongoing Projects
20.12. Market Size and Forecast
- 20.12.1. Market Revenue, by Type (2019-2032)
- 20.12.2. Market Revenue, by Type of Service (2019-2032)
- 20.12.3. Market Revenue, by End User (2019-2032)

Chapter 21. Japan Market

21.1. Overview
21.2. Economic Indicators
21.3. Demographics and Population Insights
21.4. Regional Hotspots
21.5. Growth Drivers
21.6. Challenges and Barriers
21.7. Competitive Strategies
21.8. Emerging Players
21.9. Compliance Requirements
21.10. Emerging Investment Areas
21.11. Major Ongoing Projects
21.12. Market Size and Forecast
- 21.12.1. Market Revenue, by Type (2019-2032)
- 21.12.2. Market Revenue, by Type of Service (2019-2032)
- 21.12.3. Market Revenue, by End User (2019-2032)

Chapter 22. Australia Market

22.1. Overview
22.2. Economic Indicators
22.3. Demographics and Population Insights
22.4. Regional Hotspots
22.5. Growth Drivers
22.6. Challenges and Barriers
22.7. Competitive Strategies
22.8. Emerging Players
22.9. Compliance Requirements
22.10. Emerging Investment Areas
22.11. Major Ongoing Projects
22.12. Market Size and Forecast
- 22.12.1. Market Revenue, by Type (2019-2032)
- 22.12.2. Market Revenue, by Type of Service (2019-2032)
- 22.12.3. Market Revenue, by End User (2019-2032)

Chapter 23. India Market

23.1. Overview
23.2. Economic Indicators
23.3. Demographics and Population Insights
23.4. Regional Hotspots
23.5. Growth Drivers
23.6. Challenges and Barriers
23.7. Competitive Strategies
23.8. Emerging Players
23.9. Compliance Requirements
23.10. Emerging Investment Areas
23.11. Major Ongoing Projects
23.12. Market Size and Forecast
- 23.12.1. Market Revenue, by Type (2019-2032)
- 23.12.2. Market Revenue, by Type of Service (2019-2032)
- 23.12.3. Market Revenue, by End User (2019-2032)

Chapter 24. South Korea Market

24.1. Overview
24.2. Economic Indicators
24.3. Demographics and Population Insights
24.4. Regional Hotspots
24.5. Growth Drivers
24.6. Challenges and Barriers
24.7. Competitive Strategies
24.8. Emerging Players
24.9. Compliance Requirements
24.10. Emerging Investment Areas
24.11. Major Ongoing Projects
24.12. Market Size and Forecast
- 24.12.1. Market Revenue, by Type (2019-2032)
- 24.12.2. Market Revenue, by Type of Service (2019-2032)
- 24.12.3. Market Revenue, by End User (2019-2032)

Chapter 25. Brazil Market

25.1. Overview
25.2. Economic Indicators
25.3. Demographics and Population Insights
25.4. Regional Hotspots
25.5. Growth Drivers
25.6. Challenges and Barriers
25.7. Competitive Strategies
25.8. Emerging Players
25.9. Compliance Requirements
25.10. Emerging Investment Areas
25.11. Major Ongoing Projects
25.12. Market Size and Forecast
- 25.12.1. Market Revenue, by Type (2019-2032)
- 25.12.2. Market Revenue, by Type of Service (2019-2032)
- 25.12.3. Market Revenue, by End User (2019-2032)

Chapter 26. Mexico Market

26.1. Overview
26.2. Economic Indicators
26.3. Demographics and Population Insights
26.4. Regional Hotspots
26.5. Growth Drivers
26.6. Challenges and Barriers
26.7. Competitive Strategies
26.8. Emerging Players
26.9. Compliance Requirements
26.10. Emerging Investment Areas
26.11. Major Ongoing Projects
26.12. Market Size and Forecast
- 26.12.1. Market Revenue, by Type (2019-2032)
- 26.12.2. Market Revenue, by Type of Service (2019-2032)
- 26.12.3. Market Revenue, by End User (2019-2032)

Chapter 27. U.A.E. Market

27.1. Overview
27.2. Economic Indicators
27.3. Demographics and Population Insights
27.4. Regional Hotspots
27.5. Growth Drivers
27.6. Challenges and Barriers
27.7. Competitive Strategies
27.8. Emerging Players
27.9. Compliance Requirements
27.10. Emerging Investment Areas
27.11. Major Ongoing Projects
27.12. Market Size and Forecast
- 27.12.1. Market Revenue, by Type (2019-2032)
- 27.12.2. Market Revenue, by Type of Service (2019-2032)
- 27.12.3. Market Revenue, by End User (2019-2032)

Chapter 28. Saudi Arabia Market

28.1. Overview
28.2. Economic Indicators
28.3. Demographics and Population Insights
28.4. Regional Hotspots
28.5. Growth Drivers
28.6. Challenges and Barriers
28.7. Competitive Strategies
28.8. Emerging Players
28.9. Compliance Requirements
28.10. Emerging Investment Areas
28.11. Major Ongoing Projects
28.12. Market Size and Forecast
- 28.12.1. Market Revenue, by Type (2019-2032)
- 28.12.2. Market Revenue, by Type of Service (2019-2032)
- 28.12.3. Market Revenue, by End User (2019-2032)

Chapter 29. South Africa Market

29.1. Overview
29.2. Economic Indicators
29.3. Demographics and Population Insights
29.4. Regional Hotspots
29.5. Growth Drivers
29.6. Challenges and Barriers
29.7. Competitive Strategies
29.8. Emerging Players
29.9. Compliance Requirements
29.10. Emerging Investment Areas
29.11. Major Ongoing Projects
29.12. Market Size and Forecast
- 29.12.1. Market Revenue, by Type (2019-2032)
- 29.12.2. Market Revenue, by Type of Service (2019-2032)
- 29.12.3. Market Revenue, by End User (2019-2032)

Chapter 30. Company Profiles

Chapter 31. Appendix

31.1. Sources and References
31.2. Related Reports

Cardiac Safety Services Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2025 - 2032)