Cardiac Monitoring and Cardiac Rhythm Management Devices:
Cardiac monitoring devices are used to monitor and record heart activity, including heart rate, rhythm, and electrical activity. Examples include electrocardiogram (ECG) monitors and Holter monitors.
Cardiac rhythm management devices are implanted devices that help regulate the heart’s rhythm. Examples include pacemakers and implantable cardioverter defibrillators (ICDs). These devices use electrical impulses or shocks to restore a normal heart rhythm when necessary.
The global cardiac monitoring and cardiac rhythm management devices market size was USD 32.60 Billion in 2021 and is expected to register a revenue CAGR of 6.8% during the forecast period
The Global Cardiac Monitoring and Cardiac Rhythm Management Devices Market Report presents an exhaustive analysis of the Cardiac Monitoring and Cardiac Rhythm Management Devices market and offers investors, stakeholders and business strategists’ valuable insights on the forecast period 2020-2027. The report on the Global Cardiac Monitoring and Cardiac Rhythm Management Devices Market presents the growth rate and market value projected to be reached by the market in the coming years
Rapid adoption of technologies such as Internet of Things (IoT), and Artificial Intelligence (AI), is a major factor driving market revenue growth. For instance, on 28 September 2021, Apollo Group of Hospitals released an AI-based web tool for predicting and preventing heart disease. The Cardiovascular Disease Risk Score tool is built on Microsoft Azure Platform and a survey is done. Upon completion, algorithms will come out with a score specific to individual. This tool delivers a risk score that takes into account all contributing factors including lifestyle attributes such as diet, tobacco smoking preferences, and physical activity, which is developed using a combination of applied AI and clinical expertise on a large sample of retrospective data on health checks and coronary events.
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Report Scope:
Forecast Period : 2022-2030
CAGR: 6.8%
Base Year: 2022
Number of Pages: 250
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Cardiac Monitoring and Cardiac Rhythm Management Devices market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Companies Profiled in the Report are:
Stryker, Medtronic, Abbott, Boston Scientific Corporation, Koninklijke Philips N.V., General Electric Company, Schiller Americas, Inc., MicroPort Scientific Corporation, Biotronik, and Nihon Kohden Corporation.
Market Overview:
The report bifurcates the Cardiac Monitoring and Cardiac Rhythm Management Devices market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Emergen Research has segmented the global cardiac monitoring and cardiac rhythm management devices market based on product, end-use, and region:
- Product Outlook (Revenue, USD Billion; 2019-2030)
- Cardiac Monitoring
- Cardiac Rhythm Management
- End-Use Outlook (Revenue, USD Billion; 2019-2030)
- Hospitals
- Ambulatory Centers
- Home Healthcare
- Others
Regional Landscape section of the Cardiac Monitoring and Cardiac Rhythm Management Devices report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Research Report on the Cardiac Monitoring and Cardiac Rhythm Management Devices Market Addresses the Following Key Questions:
- Who are the dominant players of the Cardiac Monitoring and Cardiac Rhythm Management Devices market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Cardiac Monitoring and Cardiac Rhythm Management Devices market?
- What are the key growth drivers and restraining factors of the Cardiac Monitoring and Cardiac Rhythm Management Devices market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Cardiac Monitoring and Cardiac Rhythm Management Devices market and its key segments?
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