Cardiac Arrhythmia Monitoring Devices Market

Cardiac Arrhythmia Monitoring Devices Market by Service Providers (Mobile Cardiac Telemetry Monitoring Service Providers and Independent Diagnostic Testing Facilities/Clinics), Devices (Continuous Rhythm Monitoring Devices, Holter Monitoring Devices, Event Monitoring Devices, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: HC-2721
  • Author: Growth Market Reports
  • Rating: 4.7
  • Total Reviews: 3
  • No. Of Pages: 206
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The global cardiac arrhythmia monitoring devices market size is projected to expand at a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to  increasing instance of heart attack and stroke and rising awareness among individual to track and manage their health.

Cardiac Arrhythmia Monitoring Devices Market

Around 30% of all deaths worldwide are caused by cardiovascular disorders, with heart disease accounting for the major share. Elevated cholesterol levels, diabetes, cigarette smoking, obesity, and hypertension are all risk factors for heart disease. The frequency of these elements varies demographically, i.e., by region, gender ratio, and ethnicity. Ischemic heart disease is the most common kind of heart disease, accounting for 46% of all cardiovascular deaths in men and 38% in women.

Moreover, increase in the number of instances of heart failure, there has been a large increase in the demand for heart transplantation. However, due to a lack of available heart donors and a long waiting list, death rates have increased.

An irregular heartbeat is referred to as cardiac arrhythmia (uh-RITH-me-uh). Heart rhythm issues (heart arrhythmias) develop when the electrical signals that coordinate the heart's beats malfunction.

Cardiac arrhythmia monitoring is the continuous monitoring of cardiac activity using electrocardiography techniques to study the heart rhythm and detect irregularities in the heart's functioning. Cardiac monitoring is an important element of healthcare diagnostics since it allows us to understand numerous bodily processes by carefully evaluating the heart rhythm.

Market Trends, Drivers, Restraints, and Opportunities

  • Increasing investment for the development of devices is projected to boost the market during the forecast period.
  • Expansion of healthcare infrastructure and leading companies focusing on the development of next generation cardiac monitoring devices are anticipated to fuel the market in the coming years.
  • Rising incidence of cardiovascular disease are expected to drive the market in coming years.
  • Rising popularity of non-invasive, portable, and implantable technologies has propelled the market.
  • Increasing usage of telecardiology is expected to drive the market.
  • Growing government funding and initiatives are projected to surge the market during the forecast period.
  • High cost of devices is expected to hamper the market growth.

Scope of the Report

The report on global cardiac arrhythmia monitoring devices markets the includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Global Cardiac Arrhythmia Monitoring Devices Market - Italy Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Service Providers (Mobile Cardiac Telemetry Monitoring Service Providers and Independent Diagnostic Testing Facilities/Clinics), Devices (Continuous Rhythm Monitoring Devices, Holter Monitoring Devices, Event Monitoring Devices, Other Devices)

Country Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

GE Healthcare; Boston Scientific Corporation; Abbott Laboratories; Medtronic; and Biotronik

Global Cardiac Arrhythmia Monitoring Devices Market Segment Insights

The mobile cardiac telemetry monitoring service providers segment is estimated to account for a major market share

Based on service providers, the cardiac arrhythmia monitoring devices market is divided into mobile cardiac telemetry monitoring service providers and independent diagnostic testing facilities/clinics. The mobile cardiac telemetry monitoring service providers segment is expected to hold a key share of the market during the forecast period owing to offer the patient with mobility and real-time data to the clinicians The increased diagnostic output of MCT devices over regular cardiac monitoring devices is projected to generate considerable patient demand.

Cardiac Arrhythmia Monitoring Devices Market

The holter monitoring devices segment is expected to grow at a robust pace

On the basis of types, the cardiac arrhythmia monitoring devices market is segmented into continuous rhythm monitoring devices, holter monitoring devices, event monitoring devices, and others. The holter monitoring devices segment is expected to represent a key share of the market in the coming years due to these devices can be used for extended periods of time to diagnose sporadic symptoms in individuals. They also provide faster and more convenient monitoring, which increases patient compliance and is expected to improve treatment outcomes.

Cardiac Arrhythmia Monitoring Devices Market

North America is anticipated to dominate the market

On the basis of regions, the cardiac arrhythmia monitoring market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is anticipated to dominate the market during the forecast period. The regional market growth can be attributed to enhancing use of innovative cardiovascular solutions and complex healthcare infrastructure.

Cardiac Arrhythmia Monitoring Devices Market

Segments

Segments Covered in the Report

The global cardiac arrhythmia monitoring devices market has been segmented on the basis of

Service Providers

  • Mobile Cardiac Telemetry Monitoring Service Providers
  • Independent Diagnostic Testing Facilities/Clinics

 Devices

  • Continuous Rhythm Monitoring Devices,
  • Holter Monitoring Devices
  • Event Monitoring Devices
  • Others

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • GE Healthcare
  • Boston Scientific Corporation
  • Abbott Laboratories
  • Medtronic
  • Biotronik

Competitive Landscape

Key players competing in the cardiac arrhythmia monitoring devices market include GE Healthcare; Boston Scientific Corporation; Abbott Laboratories; Medtronic; and Biotronik.

The cardiac arrhythmia monitoring devices market competitive, with numerous local producers competing against multinational firms. As a result, market players are pursuing mergers, acquisitions, and partnerships to broaden their product offerings and customer base, therefore increasing their market share.

Cardiac Arrhythmia Monitoring Devices Market

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Cardiac Arrhythmia Monitoring Devices Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Cardiac Arrhythmia Monitoring Devices Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Cardiac Arrhythmia Monitoring Devices Market - Supply Chain
  4.5. Global Cardiac Arrhythmia Monitoring Devices Market Forecast
     4.5.1. Cardiac Arrhythmia Monitoring Devices Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Cardiac Arrhythmia Monitoring Devices Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Cardiac Arrhythmia Monitoring Devices Market Absolute $ Opportunity
5. Global Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Cardiac Arrhythmia Monitoring Devices Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Cardiac Arrhythmia Monitoring Devices Demand Share Forecast, 2019-2026
6. North America Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Cardiac Arrhythmia Monitoring Devices Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Cardiac Arrhythmia Monitoring Devices Demand Share Forecast, 2019-2026
7. Latin America Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Cardiac Arrhythmia Monitoring Devices Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Cardiac Arrhythmia Monitoring Devices Demand Share Forecast, 2019-2026
8. Europe Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Cardiac Arrhythmia Monitoring Devices Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Cardiac Arrhythmia Monitoring Devices Demand Share Forecast, 2019-2026
9. Asia Pacific Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Cardiac Arrhythmia Monitoring Devices Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Cardiac Arrhythmia Monitoring Devices Demand Share Forecast, 2019-2026
10. Middle East & Africa Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Cardiac Arrhythmia Monitoring Devices Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Cardiac Arrhythmia Monitoring Devices Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Cardiac Arrhythmia Monitoring Devices Market: Market Share Analysis
  11.2. Cardiac Arrhythmia Monitoring Devices Distributors and Customers
  11.3. Cardiac Arrhythmia Monitoring Devices Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)

Segments Covered in the Report

The global cardiac arrhythmia monitoring devices market has been segmented on the basis of

Service Providers

  • Mobile Cardiac Telemetry Monitoring Service Providers
  • Independent Diagnostic Testing Facilities/Clinics

 Devices

  • Continuous Rhythm Monitoring Devices,
  • Holter Monitoring Devices
  • Event Monitoring Devices
  • Others

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • GE Healthcare
  • Boston Scientific Corporation
  • Abbott Laboratories
  • Medtronic
  • Biotronik

Key players competing in the cardiac arrhythmia monitoring devices market include GE Healthcare; Boston Scientific Corporation; Abbott Laboratories; Medtronic; and Biotronik.

The cardiac arrhythmia monitoring devices market competitive, with numerous local producers competing against multinational firms. As a result, market players are pursuing mergers, acquisitions, and partnerships to broaden their product offerings and customer base, therefore increasing their market share.

Cardiac Arrhythmia Monitoring Devices Market

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