Europe Arrhythmia Monitoring Devices Market Size & Outlook
The arrhythmia monitoring devices market in Europe is expected to reach a projected revenue of US$ 3,184.6 million by 2030. A compound annual growth rate of 7.5% is expected of Europe arrhythmia monitoring devices market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,921.2
Forecast, 2030 (US$M)
$3,184.6
CAGR, 2024 - 2030
7.5%
Report Coverage
Europe
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Europe arrhythmia monitoring devices market highlights
- The Europe arrhythmia monitoring devices market generated a revenue of USD 1,921.1 million in 2023.
- The market is expected to grow at a CAGR of 1.4% from 2024 to 2030.
- In terms of segment, ecg was the largest revenue generating product in 2023.
- Implantable Cardiac Monitors is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 1,921.1 million |
| Market revenue in 2030 | USD 2,116.7 million |
| Growth rate | 1.4% (CAGR from 2023 to 2030) |
| Largest segment | Ecg |
| Fastest growing segment | Implantable Cardiac Monitors |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | ECG, Implantable Cardiac Monitors, Holter Monitors, Mobile Cardiac Telemetry |
| Key market players worldwide | ACS Diagnostics, AliveCor, Abbott Laboratories, BIOTRONIK, GE Healthcare, IRhythm Technologies Inc, Medtronic PLC, Koninklijke Philips NV |
Other key industry trends
- In terms of revenue, Europe region accounted for 31.3% of the global arrhythmia monitoring devices market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,267.3 million by 2030.
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Arrhythmia Monitoring Devices Market Scope
Arrhythmia monitoring devices market segmentation & scope
Others
Arrhythmia Monitoring Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| GE Healthcare | View profile | 10001+ | Chicago, Illinois, United States, North America | http://www.gehealthcare.com |
| ACS Diagnostics | View profile | 101-250 | Irvine, California, United States, North America | https://acsd4u.com/ |
| AliveCor | View profile | 101-250 | Mountain View, California, United States, North America | https://alivecor.com |
| IRhythm Technologies Inc | View profile | 2000 | 699 8th Street, Suite 600, San Francisco, CA, United States, 94103 | https://www.irhythmtech.com |
| Spacelabs Healthcare | View profile | 1001-5000 | Snoqualmie, Washington, United States, North America | http://www.spacelabshealthcare.com |
| BIOTRONIK | View profile | 5001-10000 | Berlin, Berlin, Germany, Europe | https://www.biotronik.com/de-de |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
| Koninklijke Philips NV | View profile | 73712 | Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC | https://www.philips.com |
| Abbott Laboratories | View profile | 114000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | https://www.abbottinvestor.com |
Europe arrhythmia monitoring devices market size, by country, 2018-2030 (US$M)
Europe Arrhythmia Monitoring Devices Market Outlook Share, 2023 & 2030 (US$M)
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