Global Cardiac Monitoring & Cardiac Rhythm Management Devices Market By Cardiac Monitoring Devices (ECG Devices, Implantable Loop Recorders, Mobile Cardiac Telemetry Devices, Cardiac Output Monitoring Devices, Others) By Cardiac Rhythm Management Devices (Defibrillator v/s Pacemakers) By End User (Hospitals & Clinics, Cardiac Care Centers, Ambulatory Surgery Centers, Others) By Region, Competition
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Healthcare | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationGlobal Cardiac Monitoring & Cardiac Rhythm Management Devices Market By Cardiac Monitoring Devices (ECG Devices, Implantable Loop Recorders, Mobile Cardiac Telemetry Devices, Cardiac Output Monitoring Devices, Others) By Cardiac Rhythm Management Devices (Defibrillator v/s Pacemakers) By End User (Hospitals & Clinics, Cardiac Care Centers, Ambulatory Surgery Centers, Others) By Region, Competition
Global cardiac monitoring & cardiac rhythm management devices market is projected to grow at a steady pace through 2027, on account of surging treatment costs of cardiac diseases and growing demand for ambulatory and home services. Cardiac disorders, such as cardiac arrhythmias, heart failure, and cardiac arrests, are growing at a rapid rate which are the major drivers for the growth of global cardiac monitoring & cardiac rhythm management devices market.
Geriatric world population along with the introduction of advanced cardiac management, monitoring and treatment options for heart arrhythmias is propelling the growth of global cardiac monitoring and cardiac rhythm management devices market.
Global cardiac monitoring & cardiac rhythm management devices market is segmented by cardiac monitoring devices, cardiac rhythm management devices, end users and region. Based on cardiac monitoring devices, the market is further segmented into ECG devices, implantable loop recorders, mobile cardiac telemetry devices, cardiac output monitoring devices and others.
ECG devices has dominated the market in historical years and is expected to assert its dominance in the forecast period too. The market is growing with the support of commercialization of novel products, regional expansions, technological advancements, and government initiatives.
Based on cardiac rhythm management devices, the market is further categorized as defibrillators and pacemakers. Defibrillators is estimated to continue to dominate the market in forecast years, owing to growing use of cardiac rhythm management in countries such as China and India, among others.
Spread of COVID-19 virus caused a complete lockdown, worldwide. Economy was affected worldwide and so did the healthcare devices market. Although the healthcare industry recovered soon from the setback, cardiac monitoring and cardiac rhythm management devices market is showing a steadier growth in the future market.
Some of the major competitors in the market are Abbott Laboratories, Inc., Medtronic PLC, Boston Scientific Corporation, MicroPort Scientific Corporation, GE Healthcare, Koninklijke Philips N.V., Hill-Rom Holdings, Inc., BIOTRONIK, Asahi Kasei Corporation, Nihon Kohden Corporation, Schiller AG, Alivecor, Inc., Metrax GmbH, Shenzhen Mindray Bio-Medical Electronics, LivaNova PLC.
Objective of the Study
- To analyze historical growth in market size of Global cardiac monitoring & cardiac rhythm management devices market from 2017 to 2021.
- To estimate and forecast the market size of Global cardiac monitoring & cardiac rhythm management devices market from 2022 to 2027 and growth rate until 2027.
- To classify and forecast Global cardiac monitoring & cardiac rhythm management devices market based on cardiac monitoring devices, cardiac rhythm management devices, end user, and regional distribution.
- To identify dominant region or segment in the Global cardiac monitoring & cardiac rhythm management devices market.
- To identify drivers and challenges for Global cardiac monitoring & cardiac rhythm management devices market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global cardiac monitoring & cardiac rhythm management devices market.
- To identify and analyze the profiles of leading players operating in Global cardiac monitoring & cardiac rhythm management devices market.
- To identify key sustainable strategies adopted by market players in Global cardiac monitoring & cardiac rhythm management devices market.
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Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of manufacturers, suppliers, and service providers across the country. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research could include the manufactures which could not be identified due to the limitations of secondary research.
Market insights research analyzed the manufactures, distribution channels and presence of all major players across the country.
Market insights research calculated the market size of Global cardiac monitoring & cardiac rhythm management devices market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. Market insights research sourced these values from the industry experts and company representatives and externally validated them through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by Market insights research.
Key Target Audience
- Cardiac monitoring & cardiac rhythm management devices manufacturers, end users, service providers and other stakeholders
- Distributers and suppliers of cardiac monitoring & cardiac rhythm management devices’ products and services and other stakeholders
- Organizations, forums, and alliances related to cardiac monitoring & cardiac rhythm management devices
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
| Attribute | Details |
| Base Year | 2021 |
| Historical Years | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million and CAGR for 2017-2021 and 2022-2027 |
| Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered |
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| Regional Scope | North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa |
| Country Scope | United States; Canada; Mexico; China; India; Japan; Australia; Singapore; Malaysia; South Korea; Germany; France; United Kingdom; Spain; Italy; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Qatar |
| Key Companies Profiled | Abbott Laboratories, Inc., Medtronic PLC, Boston Scientific Corporation, MicroPort Scientific Corporation, GE Healthcare, Koninklijke Philips N.V., Hill-Rom Holdings, Inc., BIOTRONIK, Asahi Kasei Corporation, Nihon Kohden Corporation, Schiller AG, Alivecor, Inc., Metrax GmbH, Shenzhen Mindray Bio-Medical Electronics, LivaNova PLC. |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope
In this report, Global cardiac monitoring & cardiac rhythm management devices market has been segmented into following categories, in addition to the industry trends which have also been detailed below
- Global Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Monitoring Devices
- ECG Devices
- Implantable Loop Recorders
- Mobile Cardiac Telemetry Devices
- Cardiac Output Monitoring Devices
- Others
- Global Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Rhythm Management Devices
- Defibrillators
- Pacemakers
- Global Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By End User
- Hospitals & Clinics
- Cardiac Care Centers
- Ambulatory Surgery Centers
- Others
- Global Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Region
Competitive Landscape
Company Profiles
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Company Information
- Detailed analysis and profiling of additional market players (up to five).
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