Market Overview

The Global Ambulatory Cardiac Monitoring Market was valued at USD 6,773.0 million in 2023 and is expected to reach USD 15,274.2 million by 2031 while growing at a CAGR of 10.7% during the forecast period (2024-2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global ambulatory cardiac monitoring market growth. Ambulatory cardiac monitoring involves tracking an individual's heart function continuously over a set timeframe as they engage in everyday activities. It's designed to identify abnormal heart rhythms, assess heart function following surgery or when medications are adjusted, and capture symptoms that might not manifest during a routine ECG (electrocardiogram) at a healthcare provider's office.

The increasing prevalence of cardiovascular diseases, and the expansion of remote monitoring and telemedicine capabilities propel the ambulatory cardiac monitoring market. On the other hand, cost barriers and challenges with insurance reimbursement impede market growth.

Furthermore, the global ambulatory cardiac monitoring industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Device Analysis

The Global Ambulatory Cardiac Monitoring Market is segmented among ECG Devices, Holter Monitors, Event Monitors, Implantable Loop Recorders, and Mobile Cardiac Telemetry, based on Device. In 2023, ECG Devices accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By End User Analysis

The Global Ambulatory Cardiac Monitoring Market is segmented among Ambulatory Care Centers, Hospitals & Clinics, and Others, based on End User. In 2023, Hospitals & Clinics Devices accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Ambulatory Cardiac Monitoring Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Europe dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are Medtronic plc, Abbott Laboratories, Boston Scientific Corporation, GE Healthcare, iRhythm Technologies Inc, Biotronik, Schiller, Medicomp Inc., Koninklijke Philips N.V., and Applied Cardiac System

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Ambulatory Cardiac Monitoring Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Ambulatory Cardiac Monitoring Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Ambulatory Cardiac Monitoring Market Segmentation, By Device  

• Global Ambulatory Cardiac Monitoring Market Share Analysis, By Device  

• Global Ambulatory Cardiac Monitoring Market Growth Analysis, By Device  

• Global Ambulatory Cardiac Monitoring Market Trends, By Device  

o ECG Devices

o Holter Monitors

o Event Monitors

o Implantable Loop Recorders

o Mobile Cardiac Telemetry

6. Global Ambulatory Cardiac Monitoring Market Segmentation, By End User 

• Global Ambulatory Cardiac Monitoring Market Share Analysis, By End User  

• Global Ambulatory Cardiac Monitoring Market Growth Analysis, By End User

• Global Ambulatory Cardiac Monitoring Market Trends, By End User  

o Ambulatory Care Centers

o Hospitals & Clinics

o Others

7. Global Ambulatory Cardiac Monitoring Market Segmentation, By Region

• Global Ambulatory Cardiac Monitoring Market Share Analysis, By Region

• Global Ambulatory Cardiac Monitoring Market Growth Analysis, By Region

• Global Ambulatory Cardiac Monitoring Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

8. Competitive Landscape

• Medtronic plc*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Abbott Laboratories

• Boston Scientific Corporation

• GE Healthcare

• iRhythm Technologies Inc

• Biotronik

• Schiller

• Medicomp Inc.

• Koninklijke Philips N.V.

• Applied Cardiac System

*Similar analysis will be provided for each company listed above.