Middle East & Africa Arrhythmia Monitoring Devices Market Size & Outlook

The arrhythmia monitoring devices market in Middle East & Africa is expected to reach a projected revenue of US$ 377.9 million by 2030. A compound annual growth rate of 6.5% is expected of Middle East & Africa arrhythmia monitoring devices market from 2024 to 2030.
Revenue, 2023 (US$M)
$242.4
Forecast, 2030 (US$M)
$377.9
CAGR, 2024 - 2030
6.5%
Report Coverage
Middle East & Africa

Middle East & Africa arrhythmia monitoring devices market, 2018-2030 (US$M)

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MEA arrhythmia monitoring devices market highlights

  • The MEA arrhythmia monitoring devices market generated a revenue of USD 242.4 million in 2023.
  • The market is expected to grow at a CAGR of 6.5% 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, South Africa is expected to register the highest CAGR from 2024 to 2030.


MEA data book summary

Market revenue in 2023USD 242.4 million
Market revenue in 2030USD 377.8 million
Growth rate6.5% (CAGR from 2023 to 2030)
Largest segmentEcg
Fastest growing segmentImplantable Cardiac Monitors
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationECG, Implantable Cardiac Monitors, Holter Monitors, Mobile Cardiac Telemetry
Key market players worldwideACS Diagnostics, AliveCor, Abbott Laboratories, BIOTRONIK, GE Healthcare, IRhythm Technologies Inc, Medtronic PLC, Koninklijke Philips NV


Other key industry trends

  • In terms of revenue, MEA region accounted for 4.0% 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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MEA arrhythmia monitoring devices market size, by country, 2018-2030 (US$M)

Middle East & Africa Arrhythmia Monitoring Devices Market Outlook Share, 2023 & 2030 (US$M)

MEA arrhythmia monitoring devices market size, by country, 2018-2030 (US$M)

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