Straits Research released its highly anticipated report, “Global Wearable Cardiac Devices Market Size & Outlook, 2026-2034”. According to the study, the market size is valued at USD 3.87 billion in 2025 and is anticipated to grow to USD 25.97 billion by 2034, growing at a CAGR of 23.57% from 2026-2034.
The growth of the wearable cardiac devices market is driven by the rising global burden of cardiovascular diseases and the growing emphasis on preventive healthcare, which has increased the adoption of continuous heart rhythm monitoring among patients and healthcare providers. The market is, however, restrained by limited digital infrastructure and interoperability challenges in developing regions, which restrict seamless data transmission and clinical integration of wearable cardiac technologies. Despite these challenges, the market presents strong opportunities through the expansion of telehealth and remote monitoring programs, where integration of wearable ECG and arrhythmia detection devices into digital healthcare platforms enables real-time cardiac assessment, early diagnosis, and improved patient management, fostering widespread adoption across both clinical and home care environments.
January 2024: India Medtronic Private Limited announced a strategic collaboration with Cardiac Design Labs (CDL) to launch, scale up, and expand access to CDL’s novel diagnostic technology, Padma Rhythms, an external loop recorder (ELR) patch designed for comprehensive, long-term heart monitoring and diagnosis in India.