ECG Devices Global Market Report 2026

An Electrocardiogram (ECG) is a diagnostic procedure that involves recording the heart's electrical signals to monitor its function and detect potential cardiovascular health issues. These devices play a crucial role in diagnostic applications.

The ECG devices market primarily consists of two main product types such as monitoring ECG systems and diagnostic ECG systems. Monitoring ECG systems are designed to record the heart's electrical signals, allowing for the assessment of various cardiac conditions. These systems come in different lead types, including single-lead ECG, 3-6 lead ECG, and 12-Lead ECG, and utilize diverse technologies such as portable and wireless ECG systems. The implementation of monitoring ECG systems is widespread across various sectors, including hospitals, home care settings, and other healthcare environments.

Tariffs are impacting the ECG devices market by increasing costs of imported semiconductors, sensors, batteries, and electronic components used in portable and wireless ECG systems. Hospitals and diagnostic centers in North America and Europe are most affected due to reliance on imported medical electronics, while Asia-Pacific faces cost pressures on device manufacturing and exports. These tariffs are raising equipment procurement costs and slowing replacement cycles. However, they are also encouraging domestic manufacturing, local assembly of ECG devices, and increased investment in cost-optimized cardiac monitoring technologies.

The ecg devices market research report is one of a series of new reports from The Business Research Company that provides ecg devices market statistics, including ecg devices industry global market size, regional shares, competitors with a ecg devices market share, detailed ecg devices market segments, market trends and opportunities, and any further data you may need to thrive in the ecg devices industry. This 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 ecg devices market size has grown rapidly in recent years. It will grow from $7.39 billion in 2025 to $8.41 billion in 2026 at a compound annual growth rate (CAGR) of 13.7%. The growth in the historic period can be attributed to rising prevalence of cardiovascular diseases, expansion of hospital diagnostic infrastructure, increasing use of holter monitoring systems, growing awareness of early cardiac diagnosis, availability of portable ecg devices.

The ecg devices market size is expected to see rapid growth in the next few years. It will grow to $13.72 billion in 2030 at a compound annual growth rate (CAGR) of 13.0%. The growth in the forecast period can be attributed to increasing adoption of home-based cardiac monitoring, rising demand for telecardiology services, expansion of ai-enabled ecg interpretation, growing focus on preventive healthcare, increasing investments in digital health solutions. Major trends in the forecast period include increasing adoption of wearable ecg monitors, rising demand for remote cardiac monitoring solutions, growing integration of wireless ecg systems, expansion of portable diagnostic ecg devices, enhanced focus on continuous cardiac data collection.

The rising incidence of cardiovascular diseases is anticipated to drive the growth of the ECG devices market in the coming years. Cardiovascular disease is one of the most prevalent health issues and is the leading cause of death worldwide. An electrocardiogram (ECG or EKG) is used to detect various cardiac conditions by measuring the electrical signals generated by the heart. Electrodes are placed on the chest to record these electrical signals, which are responsible for the heartbeat. For instance, in September 2025, according to the American College of Cardiology, a US-based nonprofit professional medical society, reported that CVDs were responsible for 19.2 million deaths in 2023. Therefore, the increasing prevalence of cardiovascular diseases, including hypertensive heart disease, stroke, peripheral artery diseases, and ischemic heart disease (IHD), is driving the growth of the ECG devices market during the forecast period.

Major companies operating in the ECG devices market are increasingly focusing on the introduction of cardiac monitoring patches to gain a competitive advantage. A cardiac monitoring patch, also referred to as a cardiac event monitor or cardiac Holter monitor, is a medical device designed to continuously track a patient's heart activity over an extended duration. For example, in May 2023, Vivalink, a U.S.-based digital healthcare solutions provider, introduced a 14-day live-stream wearable ECG patch for ambulatory cardiac monitoring. The device integrates wearable medical technology with a cloud-based platform to deliver continuous, real-time heart monitoring and patient insights through remote observation. ECG data from the patch is streamed live, analyzed by certified cardiac technicians and cardiologists, and enables the detection of clinically significant arrhythmias and other vital-sign fluctuations with clinical-grade accuracy.

In May 2024, OMRON Healthcare, a Japan-based medical equipment firm, partnered with AliveCor. This collaboration aims to improve cardiovascular health monitoring in India by introducing portable ECG devices designed for the early detection and management of heart diseases. AliveCor, a US-based medical device company, enables users to conveniently record and monitor their heart activity through a smartphone app.

Major companies operating in the ecg devices market are GE Healthcare Technologies Inc., Koninklijke Philips N.V., Spacelabs Healthcare Inc., CardioNet LLC, Schiller AG, Nihon Kohden Corporation, Medtronic plc, Shenzhen Bio-Medical Electronics Co. Ltd., BPL Medical Technologies Private Limited, Mortara Instrument Inc., Opto Circuits Limited, Bionet Co. Ltd., Midmark Corporation, Omron Healthcare Inc., AliveCor Inc., Compumedics Limited, BioTelemetry Inc., Welch Allyn Inc., Biotronik SE & Co. KG, Fukuda Denshi Co. Ltd., Medical International Limited, Innomed Medical Developing and Manufacturing Ltd.

North America was the largest region in the ECG devices market in 2025. Asia-Pacific is expected to be the fastest-growing region in the ECG devices market during the forecast period. The regions covered in the ecg devices market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the ecg devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The ECG devices market consists of sales of monitors, electrodes, amplifiers, and leads. 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.

ECG Devices Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses 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.

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 16 geographies.
• Assess the impact of key macro factors such as geopolitical conflicts, trade policies and tariffs, inflation and interest rate fluctuations, and evolving regulatory landscapes.
• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for investment.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
• Understand customers based on end user analysis.
• Benchmark performance against key competitors based on market share, innovation, and brand strength.
• Evaluate the total addressable market (TAM) and market attractiveness scoring to measure market potential.
• Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
• Report will be updated with the latest data and delivered to you within 2-3 working days of order along with an Excel data sheet for easy data extraction and analysis.
• All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for ecg devices ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The 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, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Product: Monitoring ECG Systems; Diagnostic ECG Systems
• 2) By Technology: Portable ECG Systems; Wireless ECG Systems
• 3) By Lead Type: Single Lead ECG; 3-6 Lead ECG; 12-Lead ECG
• 4) By End User: Hospitals; Homecare Settings; Other End-Users
• Subsegments:
• 1) By Monitoring ECG Systems: Portable ECG Monitors; Holter Monitors; Mobile Cardiac Telemetry Systems; Wearable ECG Monitors
• 2) By Diagnostic ECG Systems: 12-Lead ECG Machines; Stress Test Systems; Resting ECG Systems; Event Monitors
• Companies Mentioned: GE Healthcare Technologies Inc.; Koninklijke Philips N.V.; Spacelabs Healthcare Inc.; CardioNet LLC; Schiller AG; Nihon Kohden Corporation; Medtronic plc; Shenzhen Bio-Medical Electronics Co. Ltd.; BPL Medical Technologies Private Limited; Mortara Instrument Inc.; Opto Circuits Limited; Bionet Co. Ltd.; Midmark Corporation; Omron Healthcare Inc.; AliveCor Inc.; Compumedics Limited; BioTelemetry Inc.; Welch Allyn Inc.; Biotronik SE & Co. KG; Fukuda Denshi Co. Ltd.; Medical International Limited; Innomed Medical Developing and Manufacturing Ltd.
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
• Delivery Format: Word, PDF or Interactive Report
• + Excel Dashboard
• Added Benefits
• Bi-Annual Data Update
• Customisation
• Expert Consultant Support

Added Benefits available all on all list-price licence purchases, to be claimed at time of purchase. Customisations within report scope and limited to 20% of content and consultant support time limited to 8 hours.