There are a variety of different ways to perform cardiac monitoring, depending on the type of heart problem. Ambulatory ECG monitoring is an important way to detect the signs of transient symptom of an arrhythmia or to monitor a patient’s response to a medication. A solid state recording device is necessary to record ECG data and transmit it to a centralized monitoring unit.
Recent Developments
Major players operating in the global cardiac monitoring devices market are focused on approval and launch of new products to expand their product portfolio. For instance, For instance, in 2015, Zywie Inc. launched ZywiePro, the next-generation cardiac remote monitoring solution that leverages mobile and cloud technology for detecting cardiovascular arrhythmias.
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Global Cardiac Monitoring Devices Market: Drivers
Approval and launch of new products is expected to propel growth of the global cardiac monitoring devices market over the forecast period. For instance, in 2016, CareTaker Medical received the U.S Food and Drug Administration approval for ‘Beat-by-Beat’ a blood pressure and heart rate monitor with patented finger cuff technology.
Moreover, high prevalence of cardiovascular diseases is also expected to propel growth of the global cardiac monitoring devices market over the forecast period. For instance, 72 million people in Asia Pacific are expected to suffer from atrial fibrillation by 2050, of whom 2.9 million may suffer from atrial fibrillation-associated strokes, according to the Japanese Heart Rhythm Society’s 2017 data.
Market Trends
North America is expected to witness significant growth in the global cardiac monitoring devices market, owing to high prevalence of cardiovascular diseases in the region. For instance, about 92.1 million adults in the U.S. are suffering from some form of cardiovascular disease or the after-effects of stroke, according to the American Heart Association’s 2017 data.
Europe is also expected to witness significant growth in the global cardiac monitoring devices market, owing to high prevalence of cardiovascular diseases in the region. For instance, over 85 million people suffer from cardiovascular disease annually, leading to over 4 million deaths in Europe, according to European Heart Network and European Society of Cardiology’s data in 2015.
Major players operating in the global cardiac monitoring devices market are focused on adopting merger and acquisition strategies to expand their product portfolio. For instance, in July 2017, BioTelemetry, Inc. acquired LifeWatch AG, a healthcare technology and solutions company offering digital health systems and wireless remote diagnostic patient monitoring services.
Global Cardiac Monitoring Devices Market: Competitive Landscape
Major players operating in the global cardiac monitoring devices market include, Boston Scientific, Cardiac Science, CardioNet, CareTaker Medical, Kohden, LifeWatch, Mortara Instrument, Medtronic, Philips Healthcare, Spacelabs, and St. Jude Medical.
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Global Cardiac Monitoring Devices Market: Key Developments
Major players operating in the global cardiac monitoring devices market are focused on approval and launch of new products to expand their product portfolio. For instance, in 2014, the U.S Food and Drug Administration approved Medtronic’s Reveal LINQ Insertable Cardiac Monitor.
Global Cardiac Monitoring Devices Market: Segmentation
On the basis of product type, the cardiac monitoring devices market in segmented into:
- Holter Monitor
- Event Monitor
- Loop Monitor
- Insertable Cardiac Monitor (ICM)
- Mobile Cardiac Telemetry Devices
On the basis of application, the cardiac monitoring devices market in segmented into:
- Arrhythmia
- Coronary Artery disease
- Hypertension
- Ischemic Heart Disease
On the basis of end user, the cardiac monitoring devices market in segmented into:
- Hospital
- Diagnostic Centers
- Ambulatory Surgical Centers
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Table of Content
Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Global Cardiac Monitoring Devices Market Size Analysis from 2021 to 2027
11.6 COVID-19 Outbreak: Cardiac Monitoring Devices Industry Impact
Chapter 2 Global Cardiac Monitoring Devices Competition by Types, Applications, and Top Regions and Countries
2.1 Global Cardiac Monitoring Devices (Volume and Value) by Type
2.3 Global Cardiac Monitoring Devices (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Cardiac Monitoring Devices Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Cardiac Monitoring Devices Market Analysis
Chapter 6 East Asia Cardiac Monitoring Devices Market Analysis
Chapter 7 Europe Cardiac Monitoring Devices Market Analysis
Chapter 8 South Asia Cardiac Monitoring Devices Market Analysis
Chapter 9 Southeast Asia Cardiac Monitoring Devices Market Analysis
Chapter 10 Middle East Cardiac Monitoring Devices Market Analysis
Chapter 11 Africa Cardiac Monitoring Devices Market Analysis
Chapter 12 Oceania Cardiac Monitoring Devices Market Analysis
Chapter 13 South America Cardiac Monitoring Devices Market Analysis
Chapter 14 Company Profiles and Key Figures in Cardiac Monitoring Devices Business
Chapter 15 Global Cardiac Monitoring Devices Market Forecast (2021-2027)
Chapter 16 Conclusions
Research Methodology
Continued….
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