DUBLIN–(BUSINESS WIRE)–Feb 3, 2021–
The "Cardiac Monitoring & Cardiac Rhythm Management – Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com’s offering.
The Global Cardiac Monitoring & Cardiac Rhythm Management market accounted for $25,152.56 million in 2019 and is expected to reach $48,665.45 million by 2027 growing at a CAGR of 8.6% during the forecast period.
The rising rate of cardiac disorders, patient awareness, and the growing number of unmet medical needs in developing and underdeveloped countries are the major factors propelling the growth of the market. However, limited insurance coverage options and the high cost of these devices are hampering the growth of the market.
The cardiac monitoring enables the observing of a patient’s cardiac activity. Cardiac rhythm management maintains a normal cardiac rhythm in patients suffering from irregular heart rate and rhythm disorder. The cardiac monitoring & cardiac rhythm management include devices that help the patients to manage and treat arrhythmia-related diseases. These devices play a crucial role in the treatment of serious cardiac disorders, including indications of recent heart attack, fibrillation, heart failure, coronary ischemia, atrial flutter, lack of oxygen supply to cardiac muscles, effects of drugs, and certain genetic errors among others.
Based on the product, the defibrillators segment is expected to grow at a significant market share during the forecast period owing to the rising demand for quality medical care, growing adoption of technologically advanced defibrillators, and high incidence of cardiovascular diseases (CVDs) and sudden cardiac arrest (SCA). Moreover, the growing focus of private & public organizations and key market players on public access defibrillators fuels the growth of the market. Besides, enhancing the ability of industry, promoting innovation in next-generation external defibrillators to improve safety and effectiveness, identifying and addressing problems associated with devices by the FDA, and focusing on the SCA are anticipated to create lucrative opportunities for the defibrillators.
- Stryker Corporation
- St. Jude Medical, Inc.
- Siemens AG
- SCHILLER AG
- ReliantHeart Inc.
- OSI Systems, Inc.
- Nihon Kohden Corporation
- Mortara Instrument, Inc.
- Medtronic plc
- LivaNova PLC
- Koninklijke Philips N.V.
- Jarvik Heart, Inc.
- Hill-Rom Holdings, Inc.
- General Electric Company (GE)
- Cardionet Inc.
- Cardiac Science Corporation
- Boston Scientific Corporation
- Biotronik SE & Co. KG
- Berlin Heart GmbH
- Asahi Kasei Corporation
- Abiomed, Inc.
- 3M Company
What the report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019 2020, 2024, and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Key Topics Covered:
1 Executive Summary
3 Market Trend Analysis
3.6 Product Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Cardiac Monitoring & Cardiac Rhythm Management Market, By End User
5.2 Hospitals, Clinics, & Cardiac Centers
5.3 Home Settings
5.4 Ambulatory Surgical Centers (ASCs)
6 Global Cardiac Monitoring & Cardiac Rhythm Management Market, By Product
6.2 Implantable Loop Recorders (ILR)
6.3 Cardiac Output Monitoring (COM) Devices
6.3.1 Noninvasive COM Devices
6.3.2 Minimally Invasive COM Devices
6.4 Event Monitors
6.4.1 By Type
6.4.2 By Technology
22.214.171.124 Autodetect Monitors
126.96.36.199 Manual Event Monitors
6.5 Electrocardiogram (ECG) Devices
6.5.1 ECG by Type
188.8.131.52 Resting ECG
184.108.40.206 Stress ECG
220.127.116.11 Holter Monitors
6.5.2 ECG by Lead
18.104.22.168 Single Lead
22.214.171.124 12 Lead
126.96.36.199 3-6 Lead
6.7 Mobile Cardiac Telemetry
6.8 Smart Wearable ECG Monitors
6.9 Cardiac Resynchronization Therapy (CRT) Devices
6.10 Ventricular Assist Devices (VADs)
7 Global Cardiac Monitoring & Cardiac Rhythm Management Market, By Geography
7.2 North America
7.4 Asia Pacific
7.5 South America
7.6 Middle East & Africa
8 Key Developments
8.1 Agreements, Partnerships, Collaborations and Joint Ventures
8.2 Acquisitions & Mergers
8.3 New Product Launch
8.5 Other Key Strategies
9 Company Profiling
For more information about this report visit https://www.researchandmarkets.com/r/rxm02d
View source version on businesswire.com:https://www.businesswire.com/news/home/20210203005506/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
INDUSTRY KEYWORD: MEDICAL DEVICES HEALTH
SOURCE: Research and Markets
Copyright Business Wire 2021.
PUB: 02/03/2021 07:48 AM/DISC: 02/03/2021 07:48 AM