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The increasing prevalence of cardiovascular diseases and technological advancement of cardiac monitoring & cardiac rhythm management devices
VANCOUVER, BRITISH COLUMBIA, CANADA, August 29, 2022 /EINPresswire.com/ -- Global Cardiac Monitoring & Cardiac Rhythm Management Devices Market research report published by Emergen Research describes in detail the vital aspects of the Cardiac Monitoring & Cardiac Rhythm Management Devices market on a global and regional level. The report offers a comprehensive assessment of recent technological developments, product advancements, current and emerging trends, key statistical data, forecast estimation, and major companies operating in the market. The report covers the impact of the pandemic on the Cardiac Monitoring & Cardiac Rhythm Management Devices industry with a special focus on the affected key segments of the industry.
The global Cardiac Monitoring & Cardiac Rhythm Management Devices Market will be worth USD 29.32 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the increasing prevalence of cardiovascular diseases among the aging population. The increasing investments for the research and development of cardiac monitoring & cardiac rhythm management devices to enhance the efficiency of the devices are most likely to drive the growth of the market. The emergence of advanced minimally invasive technologies is expected to fuel the development of cardiac monitoring & cardiac rhythm management devices over the forecast period. Moreover, the growing preference of the patients towards wearable cardiac devices is anticipated to boost the demand for advanced cardiac devices.
In May 2019, ABBOTT LABORATORIES launched a new smarter heart monitor for better arrhythmia detection, which can benefit the people suffering from irregular heartbeats.
The ECG devices segment held the largest market share of 48.8% in 2019. The increasing prevalence of cardiovascular diseases among the aging population has resulted in the increasing adoption of ECG devices.
Defibrillators are forecasted to grow with the fastest CAGR of 4.4% over the forecast period. Technological developments in defibrillators are projected to drive the growth of the segment.
The Hospital segment held the largest market share of the Cardiac Monitoring & Cardiac Rhythm Management Devices in 2019 due to the presence of favorable reimbursement policies in the hospitals.
You Can Download Free Sample PDF Copy Of This Report @ https://www.emergenresearch.com/request-sample/364
The research study presents an industry-wide summary of the Cardiac Monitoring & Cardiac Rhythm Management Devices market including drivers, constraints, technological advancements, product developments, limitations, growth strategies, growth prospects, etc. among others. The global Cardiac Monitoring & Cardiac Rhythm Management Devices research report is an investigative study of the market that offers key statistical data with regards to market size, market share, revenue growth, and CAGR over the forecast period 2021-2028.
The research report offers in-depth insights into company profiles along with their production values, production capacity, product portfolio, strategic plans such as mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, government and corporate deals, among others. The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry.
Leading Players Profiled in the Report:
MEDTRONIC PLC, GE HEALTHCARE, ABBOTT LABORATORIES, KONINKLIJKE PHILIPS N.V., BOSTON SCIENTIFIC CORPORATION, BIOTRONIK, HILL-ROM HOLDINGS, INC., ASAHI KASEI CORPORATION, MICROPORT SCIENTIFIC CORPORATION, and NIHON KOHDEN CORPORATION, among others.
The report analyzes the market based on different categories such as product types, end-user applications, and leading geographical regions. It offers key insights into the factors that are expected to influence the growth of the segments and sub-segments.
Download Summary @ https://www.emergenresearch.com/request-sample/364
Major regions include North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. The report studies the market in these regions on the basis of demand and trends, consumer behavior and preferences, government initiatives and regulatory framework, economic growth, technological developments, supply and demand, production and consumption patterns, import/export, and presence of key players in each region.
Key Regions Analyzed in the Report:
Rest of Middle East & Africa
Emergen Research has segmented the global Cardiac Monitoring & Cardiac Rhythm Management Devices Market on the basis of Type, Product, End User, and region:
Type Outlook (Revenue, USD Billion; 2017-2027)
ECG Devices (Stress ECG Devices, Resting ECG Devices, Holter Monitors)
Product Outlook (Revenue, USD Billion; 2017-2027)
Pacemakers (External Pacemakers and Implantable pacemakers)
Defibrillators (External Defibrillators and Implantable Cardioverter Defibrillators)
End Users Outlook (Revenue, USD Billion; 2017-2027)
Clinics, Ambulatory Surgery Centers, and Cardiac Centers
To know more about the report @ https://www.emergenresearch.com/industry-report/cardiac-monitoring-and-cardiac-rhythm-management-devices-market
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Thank you for reading our report. For further information or query regarding the report or its customization, please connect with us. Our team will ensure you get a report well-suited to your needs.
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Eric Lee Emergen Research 1604757975 sales@emergenresearch.com Visit us on social media: Facebook Twitter LinkedIn
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