Cardiovascular diagnostic device market to hit $21.1b by 2034

Personalised and preventive healthcare is driving demand for connected devices.

The global cardiovascular diagnostic device market is expected to reach $21.1b by 2034 at a compound annual growth rate of 7.2%, according to an Allied Market Research report.

The sector’s expansion is attributed to the rising prevalence of cardiovascular diseases, a growing elderly population, and the increasing awareness of early risk detection.

In addition, a shift towards personalised and preventive healthcare is driving demand for scaled, connected devices that offer real-time monitoring.

Key advancements include developments in wearable technologies and artificial intelligence (AI)-integrated diagnostic platforms.

“Factors such as growth in adoption of telemedicine, the integration of cloud-based ECG data platforms, and the emergence of AI for rhythm analysis are enhancing diagnostic accuracy and clinical decision-making,” the report said.

Moreover, increasing healthcare infrastructure investments and strategic collaborations are further driving market growth.