Indonesia Electrocardiograph (ECG) Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Indonesia Electrocardiograph (ECG) Market Report is Segmented by Product Type (Resting (12-Lead ECG) Systems, Stress ECG Systems, Holter ECG Systems, and ECG Management Software). The Report Offers the Market Size As Value (USD) and Volume (Units) for the Above Segments

Indonesia Electrocardiograph (ECG) Market Size

Compare market size and growth of Indonesia Electrocardiograph (ECG) Market with other markets in Healthcare Industry

Indonesia Electrocardiograph (ECG) Market Analysis

The Indonesia Electrocardiograph Market size is estimated at USD 21.46 million in 2025, and is expected to reach USD 29.58 million by 2030, at a CAGR of 6.63% during the forecast period (2025-2030).

Electrocardiographs (ECGs or EKGs) are essential medical devices used to monitor the heart's electrical activity. In Indonesia, the ECG market is witnessing significant growth, driven by factors such as the increasing prevalence of cardiovascular diseases, advancements in technology, and an aging population. 

Additionally, the government investments in modernizing healthcare facilities and expanding access to advanced medical technologies, coupled with increased healthcare spending, are driving the demand for ECG devices by enabling the procurement of advanced diagnostic equipment and improving care quality. These factors, along with initiatives to enhance healthcare accessibility and affordability, create a favorable environment for the ECG market's growth, boosting market expansion and improving patient outcomes.

The rising incidence of cardiovascular diseases, including strokes, coronary artery disease, and hypertension, is fueling the demand for effective diagnostic tools like ECG devices. These devices play a critical role in the early detection and management of heart conditions, thereby driving market growth.

For example, a July 2024 article in the Journal of Asian Pacific Society of Cardiology highlights Indonesia's rapid transition toward chronic noncommunicable diseases, with cardiovascular diseases (CVD) being the most prevalent disease among the population. Patients with ischaemic heart disease face increased risks of acute coronary syndrome, and rehospitalization, emphasizing the need for advanced and reliable monitoring solutions, which is boosting the demand for ECG devices in the market.

The growing emphasis on digital health transformation in Indonesia, supported by government initiatives and international collaborations, is expected to significantly enhance the ECG market's growth. The integration of advanced technologies, such as AI-driven health data systems and electronic medical records, is improving the efficiency and accessibility of cardiac care, further driving the demand for ECG devices and related solutions.

For instance, a July 2024 article in the Journal of Asian Pacific Society of Cardiology notes that Indonesia's Ministry of Health, in collaboration with the United Nations Development Programme and with funding from Japan, is working toward achieving a "Healthy Indonesia". The Ministry has introduced the "Blueprint for Digital Health Transformation Strategy 2024", which aims to address the fragmentation of health data caused by over 400 health applications developed by local and central governments. This lack of integration has hindered the full utilization of these applications. The implementation of this strategy is expected to drive the adoption of ECG devices in the market.

Thus, the combination of rising cardiovascular disease prevalence, government initiatives, technological advancements, and digital health transformation efforts is creating a conducive environment for the growth of the ECG market in Indonesia. These factors collectively drive the adoption of ECG devices, ensuring improved diagnostic capabilities and better patient outcomes, thereby significantly boosting market expansion. However, the high costs associated with advanced ECG devices may act as a constraint, potentially limiting the market's expansion in the country over the same period.

Indonesia Electrocardiograph (ECG) Industry Overview

The competitive landscape of the electrocardiograph (ECG) market in Indonesia 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 GE Healthcare, Koninklijke Philips N.V., Lepu Medical Technology(Beijing)Co.,Ltd., SCHILLER and Nihon Kohden Corporation, among others.

Indonesia Electrocardiograph (ECG) Market Leaders

  1. GE Healthcare

  2. Koninklijke Philips N.V.

  3. Nihon Kohden Corporation

  4. Lepu Medical Technology(Beijing)Co.,Ltd.

  5. SCHILLER

  6. *Disclaimer: Major Players sorted in no particular order
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Indonesia Electrocardiograph (ECG) Market News

  • February 2025: Indonesia's health ministry announced a IDR 3 trillion (USD 183.54 million) initiative aimed at reducing early mortality rates. The annual free health screening targets children under six and adults aged 18 and older. Under the program, every Indonesian will eventually qualify for a complimentary screening on their birthday. Participation in the screening is voluntary and includes tests such as blood pressure checks and evaluations to assess the risk of heart problems or strokes. This initiative is anticipated to generate substantial demand for ECG devices in Indonesia, as the program's emphasis on detecting heart-related risks will require the extensive use of such diagnostic tools.
  • July 2024: Heartology Cardiovascular Hospital was launched as part of the movement for a Healthier Indonesian Heart in South Jakarta. This specialized cardiac hospital is equipped with the most advanced technology, including state-of-the-art ECG devices. This development is projected to drive the growth of the ECG devices market by increasing the demand for sophisticated cardiac diagnostic solutions in the country.

Indonesia Electrocardiograph (ECG) Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
  • 4.3 Market Restraints
  • 4.4 Porter's Five Force Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry
  • 4.5 PESTLE Analysis
  • 4.6 Industry Trends: By Product Type
    • 4.6.1 Number of End Users
    • 4.6.2 Average Product Usage per End User
    • 4.6.3 Product Replacement Cycle
  • 4.7 Regulatory Framework

5. PRICING ANALYSIS

  • 5.1 Average Selling Prices of ECG Products
  • 5.2 Average Selling Price of Key Players By ECG Products

6. MARKET SEGMENTATION (Market Size by Value in USD and Volume in Units)

  • 6.1 By Product Type
    • 6.1.1 Resting ECG Systems
    • 6.1.2 Stress ECG Systems
    • 6.1.3 Holter ECG Systems
    • 6.1.4 ECG Management Software

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles
    • 7.1.1 Norav Medical
    • 7.1.2 GE Healthcare
    • 7.1.3 Koninklijke Philips N.V.
    • 7.1.4 Lepu Medical Technology(Beijing)Co.,Ltd.
    • 7.1.5 SCHILLER
    • 7.1.6 Contec Medical Systems Co., Ltd.
    • 7.1.7 AliveCor, Inc
    • 7.1.8 Nihon Kohden Corporation
    • 7.1.9 Edan Instruments, Inc.
    • 7.1.10 Shenzhen Mindray Bio-Medical Electronics Co., Ltd
  • *List Not Exhaustive
  • 7.2 Company Ranking Analysis: Top 5 Leaders

8. ANALYST RECOMMENDATIONS: EMERGING TRENDS AND OPPORTUNITIES

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments
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Indonesia Electrocardiograph (ECG) Industry Segmentation

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 Indonesia ECG market report provides a comprehensive analysis of the current state and growth potential of the ECG market in the country. The Indonesia 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.

By Product Type Resting ECG Systems
Stress ECG Systems
Holter ECG Systems
ECG Management Software
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Indonesia Electrocardiograph (ECG) Market Research FAQs

How big is the Indonesia Electrocardiograph Market?

The Indonesia Electrocardiograph Market size is expected to reach USD 21.46 million in 2025 and grow at a CAGR of 6.63% to reach USD 29.58 million by 2030.

What is the current Indonesia Electrocardiograph Market size?

In 2025, the Indonesia Electrocardiograph Market size is expected to reach USD 21.46 million.

Who are the key players in Indonesia Electrocardiograph Market?

GE Healthcare, Koninklijke Philips N.V., Nihon Kohden Corporation, Lepu Medical Technology(Beijing)Co.,Ltd. and SCHILLER are the major companies operating in the Indonesia Electrocardiograph Market.

What years does this Indonesia Electrocardiograph Market cover, and what was the market size in 2024?

In 2024, the Indonesia Electrocardiograph Market size was estimated at USD 20.04 million. The report covers the Indonesia Electrocardiograph Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Indonesia Electrocardiograph Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Indonesia Electrocardiograph (ECG) Industry Report

Statistics for the 2025 Indonesia Electrocardiograph (ECG) market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Indonesia 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.

Indonesia Electrocardiograph (ECG) Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)