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

The Iraq 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.

Iraq Electrocardiograph (ECG) Market Size

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

Iraq Electrocardiograph (ECG) Market Analysis

The Iraq Electrocardiograph Market size is estimated at USD 2.15 million in 2025, and is expected to reach USD 2.97 million by 2030, at a CAGR of 6.66% during the forecast period (2025-2030).

The Iraq electrocardiogram (ECG) market growth is driven by advancements in healthcare infrastructure and increasing awareness of cardiovascular health. The market is influenced by the significant prevalence of cardiovascular diseases (CVDs) and the growing need for early diagnosis and monitoring of heart conditions. Public-private partnerships between government and international healthcare organizations are further shaping the market landscape.

The burden of cardiovascular diseases is significant in Iraq, which is driving the demand for cardiac devices such as ECGs. For instance, a study published in December 2023 by the Page Press Journals identified hypertension (86.17%), diabetes (40.15%), and dyslipidemia (56.31%) as the most preventable modifiable risk factors among cardiac patients in Iraqi Kurdistan in 2023. These statistics highlight the urgent need for diagnostic tools like ECG devices to monitor and manage heart health effectively. The high prevalence of these risk factors underscores the demand for advanced diagnostic solutions, thereby propelling the growth of the ECG market in Iraq.

Additionally, the limited knowledge among healthcare professionals regarding cardiac rehabilitation is anticipated to drive the demand for medical devices for training and education purposes. For instance, a study conducted in Iraq and published in December 2023 in the Journal of Pioneering Medical Sciences revealed that 48% of nurses at Al-Diwaniyah Teaching Hospital had only a fair understanding of patient rehabilitation post-myocardial infarction, with a smaller percentage demonstrating satisfactory knowledge. This gap in expertise highlights the need for enhanced training and education, which could drive the adoption of ECG devices as part of comprehensive cardiac care protocols. The integration of ECG technology in training programs and patient monitoring systems can address these knowledge gaps, fostering market growth.

Furthermore, the collaboration between the Iraqi Ministry of Health and international healthcare providers to strengthen healthcae infrastructure is expected to surge the demand for advanced medical solutions such as ECG. For instance, in July 2024, Policlinico San Donato secured a tender for the long-term management of the 492-bed Al-Najaf Al-Ashraf Teaching Hospital in Iraq's Najaf Governorate. This partnership aims to improve healthcare quality, accessibility, and sustainability through public-private initiatives. Such collaborations are expected to facilitate the adoption of advanced medical technologies, including ECG devices, as part of Iraq's broader healthcare modernization efforts. These reforms align with the country's innovative health policy direction, creating a conducive environment for market expansion.

Therefore, the high prevalence of cardiovascular diseases, gaps in healthcare knowledge, and supportive government policies are contributing to the studied market growth. As Iraq continues to prioritize healthcare modernization, the ECG market is expected to witness sustained growth, contributing to improved cardiac care outcomes across the country.

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.

Iraq Electrocardiograph (ECG) Industry Overview

The competitive landscape of the electrocardiograph (ECG) market in Iraq is characterized by a mix of established companies and emerging players. The market is 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 Koninklijke Philips N.V., Bionet Co., Ltd., Nihon Kohden Corporation, Uruk, and Baslan ltd, among others.

Iraq Electrocardiograph (ECG) Market Leaders

  1. Koninklijke Philips N.V

  2. Bionet Co., Ltd.

  3. Nihon Kohden Corporation

  4. Uruk

  5. Baslan ltd

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

  • November 2024: Prime Minister Mohammed S. Al-Sudani inaugurated the Iraqi-Korean Critical Care Specialty Hospital at Baghdad Medical City. The hospital, described as the first of its kind in Iraq, consists of four floors with a capacity of 74 beds, three operating theaters equipped with advanced medical devices, and a center for cardiac and neurological catheterization.
  • January 2024: An Iranian knowledge-based company, Adak's Vira Fan Gostar Company, located at Pardis Technology Park, has developed disposable electrodes. These electrodes are essential components of electrocardiography devices used to monitor heart and muscle conditions. They connect the heart monitor's wire to the patient's chest, enabling the display of heart signals.

Iraq 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 (12-Lead 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 Koninklijke Philips N.V
    • 7.1.2 Bionet Co., Ltd.
    • 7.1.3 Nihon Kohden Corporation
    • 7.1.4 Uruk
    • 7.1.5 Elite International Medical & Lab Equipment
    • 7.1.6 Baslan ltd
    • 7.1.7 Avecinna Company
    • 7.1.8 IG Medical
    • 7.1.9 Norav Medical
    • 7.1.10 DHAW AL YAWM
  • *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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Iraq 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 Iraq electrocardiograph (ECG) market report provides a comprehensive analysis of the current state and growth potential of the ECG market in the country. The Iraq 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 (12-Lead ECG) Systems
Stress ECG Systems
Holter ECG Systems
ECG Management Software
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Iraq Electrocardiograph (ECG) Market Research FAQs

How big is the Iraq Electrocardiograph Market?

The Iraq Electrocardiograph Market size is expected to reach USD 2.15 million in 2025 and grow at a CAGR of 6.66% to reach USD 2.97 million by 2030.

What is the current Iraq Electrocardiograph Market size?

In 2025, the Iraq Electrocardiograph Market size is expected to reach USD 2.15 million.

Who are the key players in Iraq Electrocardiograph Market?

Koninklijke Philips N.V, Bionet Co., Ltd., Nihon Kohden Corporation, Uruk and Baslan ltd are the major companies operating in the Iraq Electrocardiograph Market.

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

In 2024, the Iraq Electrocardiograph Market size was estimated at USD 2.01 million. The report covers the Iraq Electrocardiograph Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Iraq Electrocardiograph Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Iraq Electrocardiograph (ECG) Industry Report

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

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