What is Cardiac Monitoring Devices Market?
According to World Health Organization (WHO), cardiovascular diseases (CVDs) are the number 1 cause of death globally, taking an estimated 17.9 million lives each year. The cardiac monitoring device is a device that allows for the continuous monitoring of the heart's activity through electrocardiography (ECG/EKG). This device continuously records every heartbeat of the patient. These devices are used to diagnose a heart condition and help to manage a heart problem.
The market study is being classified by Type (ECG Monitor, Pacemaker, Event Recorder, Implantable Cardiac Loop Recorder, Defibrillator, Smart Wearable and Cardiac Resynchronization Therapy (CRT) Devices), by Application (Hospitals, Clinics, Home Care Settings and Other) and major geographies with country level break-up.
Abbott Laboratories (United States), GE Healthcare (United States), Medtronic (Ireland), Boston Scientific (United States), BIOTRONIK (Germany), Koninklijke Philips (Netherlands), Asahi Kasei Corporation (Japan), MicroPort Scientific Corporation (China), Hill-Rom Holdings (United States), Nihon Kohden (Japan), SCHILLER AG (Switzerland), ACS Diagnostics (United States), Shenzhen Mindray Bio-Medical Electronics (China), BioTelemetry (United States) and BPL Medical Technologies (India) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Shree Pacetronix (India), OSYPKA (Germany), Alivecor, Inc. (United States) and Lepu Medical Technology (China).
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Cardiac Monitoring Devices market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Cardiac Monitoring Devices market by Type, Application and Region.
On the basis of geography, the market of Cardiac Monitoring Devices has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increased Prevalence of the Cardiovascular Diseases among People
- Rise in the Number of Hospitals and Clinics
- Growing Demand for Cardiac Monitoring Devices from Developing Countries such as China and India
- Increasing Awareness among People about Cardiovascular Diseases
- High Cost of the Cardiac Monitoring Devices
- Growth in the Healthcare Industry Worldwide
- Growing Geriatric Population Worldwide
- Rise in the Research and Development Activities
- Lack of Healthcare Infrastructure in Under Developed Countries
Key Target AudienceCardiac Monitoring Devices Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies, Research Professionals and End-users
Customization in the Report Available:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase