The implantable loop recorders market size was exhibited at USD 1.71 billion in 2024 and is projected to hit around USD 4.51 billion by 2034, growing at a CAGR of 10.2% during the forecast period 2025 to 2034.
The U.S. implantable loop recorders market size is evaluated at USD 0.470 million in 2024 and is projected to be worth around USD 1.25 million by 2034, growing at a CAGR of 9.29% from 2025 to 2034.
Implantable loop recorders market in North America dominated with a revenue share of 36.8% in 2024 due to the increasing prevalence of cardiovascular diseases and a rising aging population. The U.S. has been a leader in adopting advanced medical technologies, making it a key region for ILRs, with ongoing innovation in heart monitoring. Healthcare providers in the region are increasingly integrating these devices into standard cardiac care practices. In June 2024, Upstate Medical University's Cryptogenic Stroke team improved patient care by implanting Medtronic Insertable Cardiac Monitors to detect atrial fibrillation (AFib). With a team of six trained clinicians now performing the procedure, patient outcomes have improved, enabling earlier diagnosis and better treatment for stroke patients.
U.S. Implantable Loop Recorders Market Trends
The U.S. implantable loop recorders market is one of the largest globally, driven by the increasing rates of arrhythmias and other cardiac conditions. The adoption of ILRs is also fueled by advancements in minimally invasive procedures, offering patients a more convenient and effective solution for continuous heart monitoring. U.S. healthcare systems are increasingly adopting these devices for both outpatient and inpatient care. In April 2024, a study revealed that ischemic stroke patients monitored with mobile cardiac outpatient telemetry (MCOT) had lower readmission rates (30.2%) and healthcare costs (USD 27,429 less) compared to those using implantable loop recorders (ILR) (35.4%).
Europe Implantable Loop Recorders Market Trends
The implantable loop recorders market in Europe represents a significant market for implantable loop recorders, with key players offering advanced devices. The rise in cardiovascular diseases, along with growing healthcare awareness, is contributing to market growth. In addition, strong healthcare infrastructures and regulatory support are bolstering the demand for ILRs across various European nations. In May 2024, a study in the Hellenic Journal of Cardiology highlighted the effectiveness of Implantable Loop Recorders (ILRs) in diagnosing cardiac issues among 871 patients. The ILRs diagnosed 31% of those with presyncope/syncope, 22% of patients with palpitations, and 19.5% of cryptogenic stroke cases, significantly influencing treatment strategies for nearly a quarter of the patients.
Implantable loop recorders market in the UK is driven by increasing arrhythmia diagnoses and the preference for minimally invasive monitoring devices. The National Health Service (NHS) has also been integrating ILRs as part of broader efforts to enhance heart disease management in the population. Continued research and development are likely to lead to further adoption of ILRs in the country. In March 2024, an article in Heart Rhythm O2 highlighted the current guidelines for implantable loop recorder (ILR) explantation, recommending the procedure upon battery depletion or after diagnosis, while considering patient preferences. It noted that ILR localization can be unreliable in patients with a high body mass index, often requiring fluoroscopy.
Germany implantable loop recorders market is driven by its advanced healthcare system and high demand for cardiac monitoring solutions. Innovations in medical devices and growing awareness of arrhythmias are further driving market growth in the country. The market is expected to be supported by Germany's strong regulatory frameworks and investment in healthcare technologies. In May 2024, an article published in the journal EP Europace evaluated 388 patients in Germany with implantable loop recorders (ILRs). The study found that 79.2% detected arrhythmias after 12 months, and ILRs led to new therapies or medication changes in 58.8% of cases, highlighting their diagnostic value.
Asia Pacific Implantable Loop Recorders Market Trends
The Asia Pacific region is rapidly expanding in the implantable loop recorders market, driven by rising cardiovascular disease rates and increased healthcare access in countries like China, Japan, and India. Technological advancements and improvements in healthcare infrastructure are also contributing to this growth. In June 2024, an article in Cardiovascular Therapeutics highlighted those cardiovascular diseases (CVDs) affect Indians at least 10 years earlier than Europeans, impacting them during their most productive midlife years. CVDs were the leading cause of death in India, accounting for 31.8% of all deaths and 14.7% of disability-adjusted life years (DALYs) globally in 2017.
Implantable loop recorders market in China is growing due to as healthcare services continue to improve, particularly in urban areas. The growing prevalence of heart diseases, coupled with increasing government support for healthcare technology, is boosting the market for ILRs. The country's large population and rising healthcare investments are expected to further accelerate adoption. In October 2024, an article in Thrombosis and Haemostasis discussed updated guidelines from the Geriatric Society of Chinese Medical Association on managing atrial fibrillation (AF) in the elderly. Originally published in 2011 and updated in 2016, the new consensus emphasizes AF screening, comprehensive geriatric assessment, the ABC pathway, and the use of smart technology in treatment.
Japan implantable loop recorders market is a well-developed healthcare system and the aging population, which contributes to a higher prevalence of heart conditions. The country has also seen an increase in demand for minimally invasive medical technologies, further supporting ILR adoption. Japan’s healthcare sector is likely to continue prioritizing advancements in heart disease diagnosis and management. In October 2024, the Journal of the American Heart Association published an article examining atrial fibrillation (AF) incidence in patients with cryptogenic stroke via the Reveal LINQ Registry. Of the 271 patients globally, 28.2% were found to have AF within 36 months.
Latin America Implantable Loop Recorders Market Trends
In Latin America, implantable loop recorders market, Brazil is driving the adoption due to growing healthcare investments and the increasing burden of cardiovascular diseases in the region. Key countries like Brazil and Argentina are experiencing heightened demand for advanced cardiac monitoring technologies. The expansion of healthcare facilities and growing awareness are driving the market forward. In June 2024, an article published in Heart and Mind discussed the importance of anticoagulation therapy for patients with left ventricular noncompaction cardiomyopathy (LVNC) who have had embolic events, atrial fibrillation (AF), left ventricular thrombus, or severe dysfunction.
Brazil implantable loop recorders market is agrowing healthcare sector due to the adoption of implantable loop recorders. Growing awareness of cardiovascular diseases and increasing healthcare investments are driving market demand. Brazil’s expanding healthcare infrastructure also supports the broader use of advanced cardiac monitoring solutions, providing patients with more options for heart disease management. In October 2024, an article published in Communications Medicine discussed the potential of mobile and sensor technologies for personalized health management, particularly in diagnosing and managing cardiac arrhythmias. Brazil's National Health Surveillance Agency (ANVISA) had been updating its regulatory framework to adapt to these digital health innovations.
Middle East and Africa Implantable Loop Recorders Market Trends
The Middle East and Africa’s markets are experiencing growing demand for implantable loop recorders. Rising heart disease rates, combined with improvements in healthcare infrastructure, are fueling demand for advanced cardiac monitoring devices in these regions. In February 2024, Rashid Hospital and Tawam Hospital made history as the first two hospitals in the UAE to enroll in the American Heart Association’s Get with The Guidelines- Heart Failure program. This program aims to improve the quality of life for heart failure patients by helping them spend more healthy days at home. In the MENA region, around 3.75 million people are affected by heart failure, a condition that indicates the heart struggles to effectively pump blood and oxygen throughout the body.
The market for implantable loop recorders in Saudi Arabia is expanding due to the growing prevalence of cardiac diseases and the country’s focus on advancing healthcare technology. In March 2024, a BMC Cardiovascular Disorders article reported that the prevalence of cardiovascular diseases (CVDs) among Saudis aged 15 and older is 1.6%, with a total of 236,815 cases. The rates are higher in males at 1.9% compared to 1.4% in females. Investments in healthcare and a rising awareness of arrhythmias are contributing to the market's growth in the region. Saudi Arabia’s healthcare modernization is expected to drive further adoption of ILRs.
Report Coverage | Details |
Market Size in 2025 | USD 1.88 Billion |
Market Size by 2034 | USD 4.51 Billion |
Growth Rate From 2025 to 2034 | CAGR of 10.2% |
Base Year | 2024 |
Forecast Period | 2025-2034 |
Segments Covered | Activation, Application, End use, Region |
Market Analysis (Terms Used) | Value (US$ Million/Billion) or (Volume/Units) |
Regional scope | North America; Europe; Asia Pacific; Latin America; MEA |
Key Companies Profiled | Medtronic, Biotronik, Abbott; Angel Medical Systems, Inc.; Boston Scientific Corporation; GE Healthcare; Koninklijke Philips N.V.; MicroPort Scientific Corporation; Nihon Kohden Corporation; Vectorious |
The automatic recorders segment held the largest market share of 60.6% in 2024 and is anticipated to grow at the fastest CAGR over the forecast period. Automatic recorders are devices designed to continuously monitor and record the electrical activity of the heart without requiring manual intervention. These devices are typically used for long-term monitoring of patients with arrhythmias, ensuring consistent and accurate data collection over extended periods. Their ability to autonomously trigger recording during abnormal heart rhythms makes them crucial in detecting intermittent arrhythmias. On October 2023, a study published in EP Europace evaluated the use of implantable loop recorders (ILRs) for continuous rhythm monitoring in patients with systemic right ventricles following atrial switch repair. Out of 24 patients, significant arrhythmias were detected in 63% of the cohort, leading to changes in medication and device therapy recommendations.
The manual recorders segment is expected to grow at a significant rate during the forecast period. Manual recorders require healthcare professionals to initiate and manage the data collection process. These devices are commonly used in clinical settings where more direct, temporary heart monitoring is needed. They offer flexibility but may not provide the continuous monitoring capabilities of automatic recorders, making them more suitable for short-term diagnostic use. In January 2024, an article in EP Europace evaluated an AI-based ILR-ECG Analyzer for improving the diagnostic accuracy of insertable cardiac monitors (ICM), which capture episodes activated manually by patients during symptomatic events. The algorithm effectively reclassified many abnormal diagnoses, potentially easing the clinical workload of reviewing ICM events.
The atrial fibrillation segment held the largest market share of 41.8% in 2024 and is expected to grow at the fastest CAGR of 10.9% during the forecast period. Atrial fibrillation (AF) is a prevalent arrhythmia characterized by irregular and frequently rapid contractions of the heart's upper chambers. This condition carries risks of complications like stroke and heart failure, making accurate detection and monitoring essential for effective management and treatment. In August 2024, the European Journal of Pediatrics highlighted a study on implantable loop recorders (ILRs) in diagnosing pediatric arrhythmias, including atrial fibrillation. The study found a diagnostic yield of 60% in symptom-activated cases and showed that 80% of diagnosed patients received targeted management, indicating ILRs' effectiveness and safety.
The cardiac syncope segment is the second largest segment in the implantable loop recorders market. Cardiac syncope refers to fainting episodes caused by irregular heart rhythms or cardiac conditions. Implantable loop recorders are commonly used to monitor patients who experience unexplained syncope, helping to identify the underlying cause of the episodes and guide treatment strategies. In June 2024, the European Heart Journal reported that implantable loop recorders (ILRs) effectively diagnosed cardiac issues in 871 patients. The study found ILRs established diagnoses in 31% of presyncope/syncope cases and altered treatment strategies in nearly 26% of these patients, underscoring their value in managing unexplained cardiac symptoms.
The hospitals segment held the largest market share of 59.0% in 2024. Hospitals are primary locations for the use of implantable loop recorders, where patients with suspected arrhythmias or unexplained heart issues are monitored. The devices are critical for diagnosing conditions that require long-term observation, particularly in emergency and critical care units. Hospitals provide the specialized care and resources needed for implanting and managing these devices. In September 2024, an article in Age and Ageing discussed a hospital in Ireland that has provided an Implantable Loop Recorder (ILR) service for embolic strokes of undetermined source (ESUS) since 2017. Out of 58 implants, atrial fibrillation was detected in 29.3% of cases. The findings indicate that the ILR service requires around 2 hours of consultant time per case, with an expected implantation rate of 8-10% of all infarcts.
The cardiac centers segment is the fastest-growing application in the implantable loop recorders market. Cardiac centers specialize in diagnosing and treating heart conditions, including arrhythmias. These centers use advanced diagnostic tools like implantable loop recorders to monitor patients with long-term heart conditions, offering more precise and continuous tracking for accurate diagnosis and treatment planning. Their expertise helps ensure optimal patient management through detailed heart rhythm monitoring. In May 2022, an article in EP Europace discussed a study from three cardiac centers in Germany assessing patient attitudes toward remote monitoring of implanted devices. Conducted from July to November 2021, the survey of 617 patients revealed strong acceptance, with 84.9% managing remote monitoring independently and 44.0% reporting improved disease management. Many patients preferred smartphone applications for this purpose.
This report forecasts revenue growth at country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2034. For this study, Nova one advisor, Inc. has segmented the implantable loop recorders market
By Activation
By Application
By End Use
By Regional
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Segment Definitions
1.2.1. Activation
1.2.2. Application
1.2.3. End use
1.2.4. Estimates and forecasts timeline
1.3. Research Methodology
1.4. Information Procurement
1.4.1. Purchased database
1.4.2. internal database
1.4.3. Secondary sources
1.4.4. Primary research
1.5. Information or Data Analysis
1.5.1. Data analysis models
1.6. Market Formulation & Validation
1.7. Model Details
1.7.1. Commodity flow analysis (Model 1)
1.8. List of Secondary Sources
1.9. List of Primary Sources
1.10. Objectives
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.2.1. Activation outlook
2.2.2. Application outlook
2.2.3. End use outlook
2.3. Competitive Insights
Chapter 3. Implantable Loop Recorders Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent market outlook
3.1.2. Related/ancillary market outlook
3.2. Market Dynamics
3.2.1. Market driver analysis
3.2.1.1. Rising prevalence of cardiac conditions
3.2.1.2. Technological advancements in implantable devices
3.2.1.3. Demand for continuous, minimally invasive monitoring
3.2.2. Market restraint analysis
3.2.2.1. High procedure and device costs
3.2.2.2. Risk of complications and malfunctions
3.3. Implantable Loop Recorders Market Analysis Tools
3.3.1. Industry Analysis – Porter’s
3.3.1.1. Supplier power
3.3.1.2. Buyer power
3.3.1.3. Substitution threat
3.3.1.4. Threat of new entrant
3.3.1.5. Competitive rivalry
3.3.2. PESTEL Analysis
3.3.2.1. Political landscape
3.3.2.2. Technological landscape
3.3.2.3. Economic landscape
Chapter 4. Implantable Loop Recorders Market: Activation Estimates & Trend Analysis
4.1. Global Implantable Loop Recorders Market: Activation Dashboard
4.2. Global Implantable Loop Recorders Market: Activation Movement Analysis
4.3. Global Implantable Loop Recorders Market by Activation, Revenue
4.4. Automatic Recorders
4.4.1. Automatic recorders market estimates and forecasts 2021 to 2034 (USD Billion)
4.5. Manual Recorders
4.5.1. Manual recorders market estimates and forecasts 2021 to 2034 (USD Billion)
Chapter 5. Implantable Loop Recorders Market: Application Estimates & Trend Analysis
5.1. Global Implantable Loop Recorders Market: Application Dashboard
5.2. Global Implantable Loop Recorders Market: Application Movement Analysis
5.3. Global Implantable Loop Recorders Market by Application, Revenue
5.4. Atrial Fibrillation
5.4.1. Atrial fibrillation market estimates and forecasts 2021 to 2034 (USD Billion)
5.5. Cardiac Arrythmia
5.5.1. Cardiac arrythmia market estimates and forecasts 2021 to 2034 (USD Billion)
5.6. Cardiac Syncope
5.6.1. Cardiac syncope market estimates and forecasts 2021 to 2034 (USD Billion)
Chapter 6. Implantable Loop Recorders Market: End Use Estimates & Trend Analysis
6.1. Global Implantable Loop Recorders Market: End Use Dashboard
6.2. Global Implantable Loop Recorders Market: End Use Movement Analysis
6.3. Global Implantable Loop Recorders Market by End Use, Revenue
6.4. Hospitals
6.4.1. Hospitals market estimates and forecasts 2021 to 2034 (USD Billion)
6.5. Cardiac Centers
6.5.1. Cardiac centers market estimates and forecasts 2021 to 2034 (USD Billion)
6.6. Others
6.6.1. Others market estimates and forecasts 2021 to 2034 (USD Billion)
Chapter 7. Implantable Loop Recorders Market: Regional Estimates & Trend Analysis by Country, Activation, Application and End Use
7.1. Regional Dashboard
7.2. Market Size, & Forecasts Trend Analysis, 2021 to 2034:
7.3. North America
7.3.1. U.S.
7.3.1.1. Key country dynamics
7.3.1.2. Regulatory framework/ reimbursement structure
7.3.1.3. Competitive scenario
7.3.1.4. U.S. market estimates and forecasts 2021 to 2034 (USD Million)
7.3.2. Canada
7.3.2.1. Key country dynamics
7.3.2.2. Regulatory framework/ reimbursement structure
7.3.2.3. Competitive scenario
7.3.2.4. Canada market estimates and forecasts 2021 to 2034 (USD Million)
7.3.3. Mexico
7.3.3.1. Key country dynamics
7.3.3.2. Regulatory framework/ reimbursement structure
7.3.3.3. Competitive scenario
7.3.3.4. Mexico market estimates and forecasts 2021 to 2034 (USD Million)
7.4. Europe
7.4.1. UK
7.4.1.1. Key country dynamics
7.4.1.2. Regulatory framework/ reimbursement structure
7.4.1.3. Competitive scenario
7.4.1.4. UK market estimates and forecasts 2021 to 2034 (USD Million)
7.4.2. Germany
7.4.2.1. Key country dynamics
7.4.2.2. Regulatory framework/ reimbursement structure
7.4.2.3. Competitive scenario
7.4.2.4. Germany market estimates and forecasts 2021 to 2034 (USD Million)
7.4.3. France
7.4.3.1. Key country dynamics
7.4.3.2. Regulatory framework/ reimbursement structure
7.4.3.3. Competitive scenario
7.4.3.4. France market estimates and forecasts 2021 to 2034 (USD Million)
7.4.4. Italy
7.4.4.1. Key country dynamics
7.4.4.2. Regulatory framework/ reimbursement structure
7.4.4.3. Competitive scenario
7.4.4.4. Italy market estimates and forecasts 2021 to 2034 (USD Million)
7.4.5. Spain
7.4.5.1. Key country dynamics
7.4.5.2. Regulatory framework/ reimbursement structure
7.4.5.3. Competitive scenario
7.4.5.4. Spain market estimates and forecasts 2021 to 2034 (USD Million)
7.4.6. Norway
7.4.6.1. Key country dynamics
7.4.6.2. Regulatory framework/ reimbursement structure
7.4.6.3. Competitive scenario
7.4.6.4. Norway market estimates and forecasts 2021 to 2034 (USD Million)
7.4.7. Sweden
7.4.7.1. Key country dynamics
7.4.7.2. Regulatory framework/ reimbursement structure
7.4.7.3. Competitive scenario
7.4.7.4. Sweden market estimates and forecasts 2021 to 2034 (USD Million)
7.4.8. Denmark
7.4.8.1. Key country dynamics
7.4.8.2. Regulatory framework/ reimbursement structure
7.4.8.3. Competitive scenario
7.4.8.4. Denmark market estimates and forecasts 2021 to 2034 (USD Million)
7.5. Asia Pacific
7.5.1. Japan
7.5.1.1. Key country dynamics
7.5.1.2. Regulatory framework/ reimbursement structure
7.5.1.3. Competitive scenario
7.5.1.4. Japan market estimates and forecasts 2021 to 2034 (USD Million)
7.5.2. China
7.5.2.1. Key country dynamics
7.5.2.2. Regulatory framework/ reimbursement structure
7.5.2.3. Competitive scenario
7.5.2.4. China market estimates and forecasts 2021 to 2034 (USD Million)
7.5.3. India
7.5.3.1. Key country dynamics
7.5.3.2. Regulatory framework/ reimbursement structure
7.5.3.3. Competitive scenario
7.5.3.4. India market estimates and forecasts 2021 to 2034 (USD Million)
7.5.4. Australia
7.5.4.1. Key country dynamics
7.5.4.2. Regulatory framework/ reimbursement structure
7.5.4.3. Competitive scenario
7.5.4.4. Australia market estimates and forecasts 2021 to 2034 (USD Million)
7.5.5. South Korea
7.5.5.1. Key country dynamics
7.5.5.2. Regulatory framework/ reimbursement structure
7.5.5.3. Competitive scenario
7.5.5.4. South Korea market estimates and forecasts 2021 to 2034 (USD Million)
7.5.6. Thailand
7.5.6.1. Key country dynamics
7.5.6.2. Regulatory framework/ reimbursement structure
7.5.6.3. Competitive scenario
7.5.6.4. Thailand market estimates and forecasts 2021 to 2034 (USD Million)
7.6. Latin America
7.6.1. Brazil
7.6.1.1. Key country dynamics
7.6.1.2. Regulatory framework/ reimbursement structure
7.6.1.3. Competitive scenario
7.6.1.4. Brazil market estimates and forecasts 2021 to 2034 (USD Million)
7.6.2. Argentina
7.6.2.1. Key country dynamics
7.6.2.2. Regulatory framework/ reimbursement structure
7.6.2.3. Competitive scenario
7.6.2.4. Argentina market estimates and forecasts 2021 to 2034 (USD Million)
7.7. MEA
7.7.1. South Africa
7.7.1.1. Key country dynamics
7.7.1.2. Regulatory framework/ reimbursement structure
7.7.1.3. Competitive scenario
7.7.1.4. South Africa market estimates and forecasts 2021 to 2034 (USD Million)
7.7.2. Saudi Arabia
7.7.2.1. Key country dynamics
7.7.2.2. Regulatory framework/ reimbursement structure
7.7.2.3. Competitive scenario
7.7.2.4. Saudi Arabia market estimates and forecasts 2021 to 2034 (USD Million)
7.7.3. UAE
7.7.3.1. Key country dynamics
7.7.3.2. Regulatory framework/ reimbursement structure
7.7.3.3. Competitive scenario
7.7.3.4. UAE market estimates and forecasts 2021 to 2034 (USD Million)
7.7.4. Kuwait
7.7.4.1. Key country dynamics
7.7.4.2. Regulatory framework/ reimbursement structure
7.7.4.3. Competitive scenario
7.7.4.4. Kuwait market estimates and forecasts 2021 to 2034 (USD Million)
Chapter 8. Competitive Landscape
8.1. Recent Developments & Impact Analysis, By Key Manufacturers
8.2. Company/Competition Categorization
8.3. Vendor Landscape
8.3.1. List of key distributors and channel partners
8.3.2. Key customers
8.3.3. Key company market share analysis, 2024
8.4. Company Profiles
8.4.1. Medtronic
8.4.1.1. Company overview
8.4.1.2. Financial performance
8.4.1.3. Product benchmarking
8.4.1.4. Strategic initiatives
8.4.2. Biotronik
8.4.2.1. Company overview
8.4.2.2. Financial performance
8.4.2.3. Product benchmarking
8.4.2.4. Strategic initiatives
8.4.3. Abbott
8.4.3.1. Company overview
8.4.3.2. Financial performance
8.4.3.3. Product benchmarking
8.4.3.4. Strategic initiatives
8.4.4. Angel Medical Systems, Inc
8.4.4.1. Company overview
8.4.4.2. Financial performance
8.4.4.3. Product benchmarking
8.4.4.4. Strategic initiatives
8.4.5. Boston Scientific Corporation
8.4.5.1. Company overview
8.4.5.2. Financial performance
8.4.5.3. Product benchmarking
8.4.5.4. Strategic initiatives
8.4.6. GE Healthcare
8.4.6.1. Company overview
8.4.6.2. Financial performance
8.4.6.3. Product benchmarking
8.4.6.4. Strategic initiatives
8.4.7. Koninklijke Philips N.V.
8.4.7.1. Company overview
8.4.7.2. Financial performance
8.4.7.3. Product benchmarking
8.4.7.4. Strategic initiatives
8.4.8. MicroPort Scientific Corporation
8.4.8.1. Company overview
8.4.8.2. Financial performance
8.4.8.3. Product benchmarking
8.4.8.4. Strategic initiatives
8.4.9. Nihon Kohden Corporation
8.4.9.1. Company overview
8.4.9.2. Financial performance
8.4.9.3. Product benchmarking
8.4.9.4. Strategic initiatives
8.4.10. Vectorious
8.4.10.1. Company overview
8.4.10.2. Financial performance
8.4.10.3. Product benchmarking
8.4.10.4. Strategic initiatives