India Electrocardiograph (ECG) Market Overview, 2028

In India the prevalence of cardiovascular diseases has been rising steadily. ECG is a fundamental diagnostic tool for detecting heart conditions, and as the incidence of CVDs increases, the demand for ECG devices also grows. With an aging population, there is a higher likelihood of individuals developing heart-related conditions. As a result, the need for regular cardiac monitoring and diagnosis through ECG becomes more pronounced. Increased awareness about the importance of early detection and monitoring of heart conditions has led to a higher demand for diagnostic tools like ECG. People are becoming more health-conscious, leading to a proactive approach to heart health. Efforts to improve healthcare infrastructure in rural areas also contribute to the growth of the ECG market. Portable and cost-effective ECG devices become crucial in providing diagnostic services in remote locations. In India, heart attacks are the main reason for death. 2.8 million Deaths in India from cardiovascular illnesses were recorded in 2021, or about 28% of all fatalities there. In India, the prevalence of heart attacks was 7.6%, with males experiencing more of them than women. The changing lifestyle patterns, including sedentary habits, poor dietary choices, and increased stress, contribute to a higher incidence of lifestyle-related diseases such as hypertension and diabetes. These conditions often lead to cardiovascular issues, necessitating the use of ECG for diagnosis and monitoring. India has emerged as a hub for medical tourism, attracting patients from various countries for medical treatments. The need for advanced diagnostic facilities, including high-quality ECG services, contributes to the demand for sophisticated ECG equipment. Increasing penetration of health insurance in India encourages individuals to undergo regular health check-ups. ECG is often a standard diagnostic procedure covered by health insurance, further driving its adoption. According to the research report "India Electrocardiograph (ECG) Market Research Reports," published by Actual Research, the India Electrocardiograph (ECG) market is expected to grow with more than 8% CAGR from 2023 to 2028. There has been a noticeable trend towards the adoption of portable and handheld ECG devices. These devices offer flexibility in terms of usage, allowing healthcare professionals to conduct ECG tests in diverse settings, including remote or home environments. Integration with wearable devices and smartwatches has gained prominence. The synergy between ECG monitoring and wearable technology provides continuous health tracking for individuals, allowing for early detection of irregularities and enabling proactive healthcare management. The COVID-19 pandemic accelerated the adoption of telemedicine in India. ECG devices that support remote monitoring became essential tools, facilitating virtual consultations and continuous patient monitoring without the need for physical presence in healthcare facilities. The integration of artificial intelligence and machine learning in ECG analysis has been a growing trend. AI algorithms enhance the accuracy of ECG interpretations, assisting healthcare professionals in diagnosing conditions more efficiently and potentially detecting subtle patterns indicative of cardiac issues. Some companies are exploring subscription-based models for ECG services. This approach often includes continuous monitoring, data storage, and additional services, providing a more comprehensive and ongoing cardiac care solution for patients. Hybrid ECG solutions that cater to both inpatient and outpatient settings are gaining popularity. These solutions offer versatility in usage, making them suitable for various healthcare environments, from hospitals to ambulatory care centers.

What's Inside a Actual Market Research`s industry report?

Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally

Download Sample

In terms of product type the market is categorized into Resting Electrocardiograph (ECG), Stress Electrocardiograph (ECG), Holter Monitors, Event Recorders and Others. Holter monitors are expected to grow at rapid pace in India electrocardiograph (ECG) market. India is experiencing a huge demographic change with an ageing population. The risk of cardiovascular disease rises with age. Holter monitors, which are capable of continuous ECG monitoring for an extended period of time (often 24 to 48 hours or longer), give critical information about cardiac rhythms and abnormalities. As the older population expands, there is a greater need for continuous monitoring systems such as Holter monitors to help manage and identify cardiac issues. Holter monitor technology advancements have made these devices more portable, user-friendly, and capable of producing more detailed and precise data. Smaller, wearable Holter monitors improve patient comfort and compliance with extended monitoring times, contributing to their greater acceptance. In terms of end user segment market is majorly divided into hospitals & clinics, home settings & ambulatory surgical centers (ASCs) and others. Hospitals & clinics are key end users of Electrocardiograph (ECG) products in India and are expected to dominate the India Electrocardiograph (ECG) market. The Indiaese healthcare system is centred on hospitals and clinics that serve as major points of care for patients. In order to satisfy the different needs of their patients, these institutions are outfitted with a wide range of diagnostic equipment, including ECG machines. As a result, hospitals and clinics are the principal consumers of ECG devices, using them for routine check-ups, diagnosis, and monitoring of heart diseases. In India, hospitals and clinics treat a large number of patients from a variety of disciplines. ECGs are essential diagnostic tools utilised not only in cardiology departments but also in general practice, internal medicine, emergency departments, and specialty clinics. The adaptability of ECG equipment makes it indispensable in a variety of clinical situations within these institutions. Considered in this report: • Geography: India • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report: • India Heart Rate Monitor market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Product • Resting Electrocardiograph (ECG) • Stress Electrocardiograph (ECG) • Holter Monitors • Event Recorders • Others

Make this report your own

We're excited to discuss your needs and our solutions. Let's schedule a call.

Ask an Expert

Kripa Shah

Senior Analyst

By End User • Hospitals & Clinics • Home Settings & Ambulatory Surgical Centers (ASCs) • Others The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources. Intended audience: This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Electrocardiograph (ECG) industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

Don’t pay for what you don’t need. Save 30%

Customise your report by selecting specific countries or regions

Specify Scope Now