Romania Electrocardiograph (ECG) Market Size and Share
| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Size (2025) | USD 10.44 Million |
| Market Size (2030) | USD 13.47 Million |
| CAGR (2025 - 2030) | 5.22% |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Romania Electrocardiograph (ECG) Market Analysis by Mordor Intelligence
The Romania Electrocardiograph Market size is estimated at USD 10.44 million in 2025, and is expected to reach USD 13.47 million by 2030, at a CAGR of 5.22% during the forecast period (2025-2030).
An electrocardiograph (ECG or EKG) is a medical device used to record the heart's electrical activity. In Romania, the ECG market has been growing due to several factors, including the increasing prevalence of cardiovascular diseases, technological advancements, and greater awareness of heart health. In addition, the combination of a growing healthcare infrastructure and a rising focus on preventative healthcare is expected to drive the growth of the ECG market in Romania in the coming years.
With a rise in the incidence of cardiovascular diseases, there is a growing demand for effective diagnostic tools like ECG devices to detect and manage heart conditions early. This is propelling the growth of ECG market in the country. For instance, as per 2024 data published by the Institute for Health Metrics and Evaluation, about 1.2 million people in Romania were suffering from ischemic heart disease in 2023 and this number is projected to reach 1.3 million by 2025. As a result, the high burden of ischemic heart disease is expected to further accelerate the adoption of ECG devices that helps to assess the electrical activity of the heart and diagnose various cardiovascular conditions, thereby propelling market growth.
The growing government initiatives to launch various awareness programs to promote management of cardiovascular diseases is expected to propel the demand for ECG devices across healthcare facilities bolstering market growth. For instance, in October 2023, the European Heart Network (EHN) introduced its Strategic Plan for 2023-2030, outlining initiatives to address and mitigate cardiovascular diseases across Europe, including Romania. This strategic emphasis is expected to fuel the market demand for ECG devices, given their critical role in managing and preventing cardiovascular conditions.
Thus, the increasing prevalence of cardiovascular diseases, combined with supportive government initiatives and technological advancements, is driving the demand for ECG devices in Romania. These factors are expected to propel market growth as healthcare providers adopt ECG devices for effective diagnosis, monitoring, and prevention of heart-related conditions. However, the high cost associated with advanced ECG devices may act as a barrier, potentially limiting the market's expansion in the country during the same period.
Romania Electrocardiograph (ECG) Market Trends and Insights
Holter ECG System Segment is Expected to Witness Significant Growth Over the Forecast Period
Romania’s electrocardiograph (ECG) market is witnessing a notable surge in the Holter ECG systems segment, driven by the incorporation of artificial intelligence and machine learning into Holter ECG devices, and the heightened awareness of the importance of early detection and prevention of cardiovascular diseases. These factors highlight the segment's importance in meeting the growing demand for efficient and accurate diagnostic tools within the broader ECG market.
Romania’s demographic trend indicate a growing elderly population, which is more susceptible to cardiovascular conditions. This demographic shift is expected to boost the demand for ECG devices, as older adults require regular cardiac monitoring.
Holter ECG devices, extensively utilized for detecting heart rhythm disorders, are increasingly adopting computerized interpretations to address the time-consuming nature of physician-based analyses. Several studies have assessed the diagnostic performance of AI-powered Holter ECG services, comparing them with reference databases and physician evaluations. For instance, an article published in the European Heart Journal in October 2024 reported that AI-driven Holter ECG analyses surpassed reference ECG stripes, achieving over 99% sensitivity, specificity, and precision. Consequently, the integration of artificial intelligence into Holter ECG analysis is anticipated to drive market demand for these devices by improving diagnostic accuracy and efficiency, effectively overcoming the limitations of traditional methods.
The growing prevalence of cardiovascular diseases, coupled with Romania's focus on improving healthcare access, is driving the adoption of advanced diagnostic technologies like Holter ECG devices, which are vital for continuous cardiac monitoring. For instance, in October 2023, Romania's National Health Strategy 2023-2030 began steering the healthcare sector with a strategic focus on expanding access to medical services and reducing mortality rates from non-communicable diseases, particularly cardiovascular conditions. This initiative is anticipated to fuel market demand for Holter ECG devices due to their critical role in diagnosing and monitoring cardiac health.
Therefore, Romania's strategic focus on healthcare advancements, combined with an aging population and the integration of AI, is driving the demand for ECG devices. These factors are accelerating the adoption of Holter ECG systems and contributing to the overall growth of the ECG market by meeting the demand for accurate, efficient, and accessible cardiac diagnostic solutions.
ECG Management Software is Expected to Hold Significant Market Share Over the Forecast Period
ECG management software optimizes the workflow of electrocardiogram (ECG) tests, covering data acquisition, analysis, storage, and retrieval. By leveraging advanced algorithms and artificial intelligence, the software enhances efficiency and accuracy in cardiac care, enabling ECG data interpretation, abnormality detection, and diagnostic insights. It also integrates seamlessly with electronic health records (EHR), providing healthcare providers with comprehensive patient data to support better clinical decision-making.
ECG management software is vital for continuous monitoring and accurate diagnostics, which are crucial for early detection and management of heart conditions. The ECG management software market in Romania is growing, driven by the rising prevalence of cardiovascular diseases, particularly among the aging population, and technological advancements such as improved data integration.
The increasing integration of artificial intelligence (AI) in healthcare is fueling demand for advanced ECG management software, designed to enhance diagnostic accuracy, operational efficiency, and risk stratification, thereby driving segment growth. For instance, a study published in Diagnostics, in February 2025 in Romania, evaluated an AI-enhanced electrocardiogram (ECG) protocol for early detection of cardiovascular diseases in athletes. The findings revealed that the AI-ECG system achieved notable performance metrics, including 97.87% accuracy, 75% sensitivity, 98.3% specificity, and 98% precision. These results emphasize the protocol's high precision and scalability in assessing cardiovascular health risks among athletes.
The rising demand for AI-driven ECG systems stems from their ability to accurately assess cardiovascular risks and provide real-time heart health monitoring, improving patient outcomes, and enhance satisfaction. Consequently, the adoption of advanced ECG management solutions is growing among healthcare providers, sports organizations, and diagnostic centers in Romania, driving segment growth within the overall market.
Thus, the increasing adoption of advanced ECG management software, driven by technological advancements and AI integration, is significantly driving the demand for ECG devices. This growing demand is accelerating the expansion of the ECG devices market as healthcare providers and organizations focus on enhancing diagnostic capabilities and improving patient care outcomes.
Competitive Landscape
The competitive landscape of the electrocardiograph (ECG) market in Romania is characterized by a mix of established companies and emerging players. The market is moderately consolidated yet dynamically competitive. Additionally, many companies offer specialized solutions, contributing to a vibrant and evolving ecosystem. Some of the major players in the market include EDAN Instruments, Inc., Fukuda Denshi Co., Ltd, Nihon Kohden Corporation, Koninklijke Philips N.V., and SCHILLER AG, among others.
Romania Electrocardiograph (ECG) Industry Leaders
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EDAN Instruments, Inc.
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Fukuda Denshi Co., Ltd
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Nihon Kohden Corporation
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SCHILLER AG
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Bionet Co. Ltd
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- January 2025: The construction of the Institute of the Heart commenced in Târgu Mureș, Romania. This development represents a strategic advancement in enhancing cardiac care services within the region, with completion projected by the spring of 2026. The establishment of such specialized healthcare facilities is anticipated to drive the demand for ECG devices, facilitating precise cardiac condition monitoring and, in turn, fueling the growth of the ECG devices market.
- January 2025: The strategic project "Harmonizing Cardiovascular Disease Management from Prevention to Heart Transplant in the Cross-Border Area," funded by the Interreg IPA Romania-Serbia Programme (2021-2027), was launched with an aim to improve healthcare access for cardiovascular patients, strengthen system resilience, and modernize infrastructure with advanced equipment in the Romanian-Serbian border region. This initiative is expected to drive market demand for ECG devices, as the focus on cardiovascular disease diagnosis and treatment increases the need for advanced diagnostic tools.
Romania Electrocardiograph (ECG) Market Report Scope
As per the scope of the report, an electrocardiograph (ECG) is a medical device used to record the heart's electrical activity. The device captures the heart's electrical signals and produces a graphical representation known as an electrocardiogram.
The Romania ECG market report provides a comprehensive analysis of the current state and growth potential of the ECG market in the country. The Romania electrocardiograph (ECG) market is segmented by product type, which includes resting (12-lead ECG) systems, stress ECG systems, Holter ECG systems, and ECG management software. The report offers the market size in terms of both value (in USD) and volume (in units) for the above segments.
| Resting ECG Systems |
| Stress ECG Systems |
| Holter ECG Systems |
| ECG Management Software |
| By Product Type | Resting ECG Systems |
| Stress ECG Systems | |
| Holter ECG Systems | |
| ECG Management Software |
Key Questions Answered in the Report
How big is the Romania Electrocardiograph Market?
The Romania Electrocardiograph Market size is expected to reach USD 10.44 million in 2025 and grow at a CAGR of 5.22% to reach USD 13.47 million by 2030.
What is the current Romania Electrocardiograph Market size?
In 2025, the Romania Electrocardiograph Market size is expected to reach USD 10.44 million.
Who are the key players in Romania Electrocardiograph Market?
EDAN Instruments, Inc., Fukuda Denshi Co., Ltd, Nihon Kohden Corporation, SCHILLER AG and Bionet Co. Ltd are the major companies operating in the Romania Electrocardiograph Market.
What years does this Romania Electrocardiograph Market cover, and what was the market size in 2024?
In 2024, the Romania Electrocardiograph Market size was estimated at USD 9.90 million. The report covers the Romania Electrocardiograph Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Romania Electrocardiograph Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Romania Electrocardiograph (ECG) Market Report
Statistics for the 2025 Romania Electrocardiograph (ECG) market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Romania Electrocardiograph (ECG) analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
