Cardiac Monitoring & Cardiac Rhythm Market Manufacturers, Type, Application, Regions and Forecast to 2027


 

The increasing prevalence of cardiovascular diseases and technological advancement of cardiac monitoring & cardiac rhythm management devices is driving the demand of the market.

The global Cardiac Monitoring & Cardiac Rhythm Management Devices Market will be worth USD 29.32 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the increasing prevalence of cardiovascular diseases among the aging population.

Its panoramic view of the Cardiac Monitoring & Cardiac Rhythmindustry entails useful insights into the estimated Cardiac Monitoring & Cardiac Rhythmmarket size, revenue share, and sales & distribution networks. Such helpful market insights are bound to help readers outline these industry’s key outcomes in the near future.

Those are further intended to assist businesses involved in this sector in sound decision-making and formulating lucrative business plans. The primary addressees of this report include some of the globally renowned venture capitalists. The report offers these individuals a vivid description of the competitive spectrum of the global Cardiac Monitoring & Cardiac Rhythmmarket.

 

Market Size – USD 21.75 billion in 2019, Market Growth - CAGR of 4.1%, Market Trends – Growing patient preferences towards wearable cardiac devices

The global Cardiac Monitoring & Cardiac Rhythmmarket is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector.  The global Cardiac Monitoring & Cardiac Rhythmmarket report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers & acquisitions, new product launches, and joint ventures.

Global Europe Cardiac Monitoring & Cardiac Rhythm market competition by TOP MANUFACTURERS, with production, price, and revenue (value) and market share for each manufacturer; the top players including:

·         Key participants include MEDTRONIC PLC, GE HEALTHCARE, ABBOTT LABORATORIES, KONINKLIJKE PHILIPS N.V., BOSTON SCIENTIFIC CORPORATION, BIOTRONIK, HILL-ROM HOLDINGS, INC., ASAHI KASEI CORPORATION, MICROPORT SCIENTIFIC CORPORATION, and NIHON KOHDEN CORPORATION, among others.

Emergen Research has segmented the global Cardiac Monitoring & Cardiac Rhythm Management Devices Market on the basis of Type, Product, End User, and region:

Type Outlook (Revenue, USD Billion; 2017-2027)

·         Mobile Cardiac Telemetry Devices

·         Implantable Loop Recorders

·         Event Monitors

·         ECG Devices (Stress ECG Devices, Resting ECG Devices, Holter Monitors)

·         Cardiac Output Monitoring Devices

Product Outlook (Revenue, USD Billion; 2017-2027)

·         Pacemakers (External Pacemakers and Implantable pacemakers)

·         Defibrillators (External Defibrillators and Implantable Cardioverter Defibrillators)

End Users Outlook (Revenue, USD Billion; 2017-2027)

·         Clinics, Ambulatory Surgery Centers, and Cardiac Centers

·         Hospitals

·         Other End Users

Regional Outlook (Revenue, USD Billion; 2017-2027)

·         North America

1.      U.S.

2.      Canada

·         Europe

1.      Germany

2.      UK

3.      France

4.      BENELUX

5.      Rest of Europe

·         Asia Pacific

1.      China

2.      Japan

3.      South Korea

4.      Rest of APAC

·         Latin America

1.      Brazil

2.      Rest of LATAM

·         MEA

1.      Saudi Arabia

2.      UAE

3.      Rest of MEA

 

·         To learn more details about the Cardiac Monitoring & Cardiac RhythmMarket report, visit @https://www.emergenresearch.com/industry-report/cardiac-monitoring-and-cardiac-rhythm-management-devices-market

 

Some Key Highlights from the Report

·         In May 2019, ABBOTT LABORATORIES launched a new smarter heart monitor for better arrhythmia detection, which can benefit the people suffering from irregular heartbeats.

  • The Hospital segment held the largest market share of the Cardiac Monitoring & Cardiac Rhythm Management Devices in 2019 due to the presence of favorable reimbursement policies in the hospitals.
  • The Asia Pacific region is expected to register significant growth over the forecast period due to the increasing initiatives of the government to improve the healthcare systems.

 

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