Implantable Loop Recorders Market By Product (Automatic, Manual); By Application (Atrial Fibrillation, Cardiac Arrhythmia, Syncope, Others); By End-User (Hospitals, Ambulatory Surgical Centers, Cardiac Centers, Others); By Geography, Segment Revenue Estimation, Forecast, 2024–2032.

Implantable Loop Recorders Market Size & Overview

The Global Implantable Loop Recorders (ILR) Market was valued at USD 1.6 billion in 2024 & is projected to reach around USD 3.0 billion by 2030, growing at a CAGR of 10.4% during the forecast period. The market is being driven by the rising global prevalence of cardiovascular conditions, particularly atrial fibrillation, which affects over 37 Mn people worldwide, according to the World Heart Federation. The growing adoption of remote patient monitoring, integration of ILRs into AI-assisted cardiac care platforms & the expansion of healthcare access in emerging markets are creating substantial opportunities for next-generation loop recorders.

 

Implantable Loop Recorders Market Dynamics:

Market Drivers

ILRs are increasingly deployed in cases where traditional ECGs or Holter monitors fail to detect intermittent episodes of arrhythmia or unexplained fainting (syncope). The number of people living with AF is projected to double by 2050 as the global population ages. The number of people aged 65 or older is projected to reach 1.6 Bn by 2050, according to the United Nations. In the U.S. alone, the CDC estimates that 12.1 Mn people will have AF by 2030. Modern ILRs, such as Medtronic’s LINQ II or Abbott’s Confirm Rx, can transmit heart rhythm data automatically via Bluetooth or cellular networks to clinicians. With the shift toward home-based & remote healthcare, ILRs have become central to continuous cardiac telemetry.

 

Market Restraints

The high cost of implantable loop recorders & the associated procedure can be a significant barrier, particularly in cost-sensitive healthcare systems. In countries without universal healthcare, patients may face significant out-of-pocket expenses, making ILRs less accessible to broader populations. Modern ILRs often come with wireless telemetry & remote data transmission, enabling real-time rhythm analysis & early diagnosis. This connectivity raises concerns about data privacy, hacking risks & cybersecurity compliance.

 

Market Opportunities

The global shift toward remote patient monitoring & virtual care models is creating significant growth potential for ILRs. The trend is especially strong in countries like the U.S., Canada, Germany & Japan, where digital health integration & home-based monitoring are becoming central to chronic disease management. Studies have shown that ILRs can detect AF up to five times more often than short-term ECGs in patients, which significantly influences treatment plans, such as starting anticoagulation therapy. Next-generation ILRs are increasingly incorporating AI algorithms to assist clinicians in detecting complex arrhythmia patterns and generating predictive alerts. AI-driven ILRs could become a cornerstone of data-driven cardiology, particularly in remote settings & large-scale health systems managing high patient volumes.

 

Implantable Loop Recorders Market Segmentation: A Comprehensive Overview

By Product

• Automatic

• Manual

 

By Application

• Atrial Fibrillation

• Cardiac Arrhythmia

• Syncope

• Others

 

By End-User

• Hospitals

• Ambulatory Surgical Centers

• Cardiac Centers

• Others

 

By Region

• North America

• Asia-Pacific

• Europe

• Middle East & Africa

• Latin America

 

Segmentation Analysis – Implantable Loop Recorders Market

By Product:

Automatic implantable loop recorders hold the largest market share at 65% due to their ability to continuously detect abnormal cardiac rhythms without patient intervention. Manual ILRs are becoming less common but still used in resource-limited settings. However, with growing adoption of remote cardiac monitoring & AI-assisted diagnostics, the automatic segment is also the fastest growing, projected to expand at a CAGR of 8.5% through 2030.

 

By Application:

Atrial Fibrillation (AF) remains the dominant use case, accounting for the highest market share at 58%, as it is the most common sustained cardiac arrhythmia globally, affecting over 37 million people. ILRs play a critical role in early detection & long-term monitoring. The cardiac arrhythmia segment, which includes other rhythm disorders such as bradycardia & ventricular tachycardia, is expected to be the fastest growing, with a projected CAGR of 9% through 2030, driven by broader screening initiatives & increased use in unexplained syncope cases.

 

By End-Users:

Hospitals remain the leading segment, accounting for 72% of ILR implantations globally, due to their capacity to perform minor surgical procedures & provide follow-up care. Ambulatory Surgical Centers (ASCs) are emerging as the fastest growing setting, supported by the rise in outpatient procedures & demand for minimally invasive diagnostics, with a projected CAGR of 9.3% through 2030.

 

By Region:

North America leads the global ILR market, contributing the largest share at 43% in 2024, supported by high cardiovascular disease prevalence, favorable reimbursement frameworks & strong adoption of implantable cardiac monitoring. The APAC region is projected to grow at the fastest CAGR of 10.2% through 2030, driven by expanding healthcare access, rising heart disease burden & increasing availability of cardiac diagnostics in countries like China, India & South Korea.

 

Implantable Loop Recorders (ILR) Market Report Coverage

Report Attribute	Details
Forecast Period	2024 – 2032
Market Size Value in 2024	USD 1.6 Billion
Revenue Forecast in 2030	USD 3.0 Billion
Overall Growth Rate	CAGR of 10.4% (2024 – 2030)
Base Year for Estimation	2023
Historical Data	2017 – 2021
Unit	USD Billion, CAGR (2024 – 2030)
Segmentation	By Product, By Application, By End-User, By Geography
By Product	Automatic, Manual
By Application	Atrial Fibrillation, Cardiac Arrhythmia, Syncope, Others
By End-User	Hospitals, Ambulatory Surgical Centers, Cardiac Centers, Others
By Region	North America, Europe, Asia-Pacific, Latin America, Middle East & Africa
Country Scope	U.S., Germany, China, Japan, India, Brazil, South Korea, etc.
Market Drivers	Rising prevalence of cardiovascular disorders, growing adoption of minimally invasive cardiac monitoring, technological advancements in ILR devices
Pricing and Purchase Options	Customization available upon request

 

Key Players in the Implantable Loop Recorders Market

• Medtronic plc

• BIOTRONIK SE & Co. KG

• Abbott Laboratories

• Angel Medical Systems

• Boston Scientific Corporation

• Vectorious Medical Technologies Ltd.

• Nihon Kohden Corporation

• Koninklijke Philips N.V.

• MicroPort Scientific Corporation

• ZOLL Medical Corporation.