Cardiac Arrhythmia Monitoring Devices Market Size, Drivers, Trends, Restraints, Opportunities And Strategies

October 29, 2023

The Business Research Company’s Cardiac Arrhythmia Monitoring Devices Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Cardiac Arrhythmia Monitoring Devices Global Market Report 2023 evaluates cardiac arrhythmia monitoring devices market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global cardiac arrhythmia monitoring devices market size is expected to grow from $6.87 billion in 2022 to $7.39 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global cardiac arrhythmia monitoring devices is expected to grow to $9.84 billion in 2027 at a CAGR of 7.4%.

The growing prevalence of cardiovascular diseases is expected to propel the growth of the cardiac arrhythmia monitoring devices market going forward. Cardiovascular diseases refer to the group of diseases associated with conditions affecting the heart and blood vessels such as atherosclerosis, angina, heart attacks, aortic disease, and others. In cardiovascular diseases, cardiac arrhythmia monitoring devices help in event monitoring to keep track of the electrical activity of a patient’s heart rhythm and beat (ECG) and detect or determine the risk of irregular heartbeats (arrhythmias). For instance, in 2020, the Center for Disease Control and Prevention, a US-based federal agency for national public health, estimated that approximately 69.7k people died from heart disease—that’s 1 in every 5 deaths in the United States. Therefore, the growing prevalence of cardiovascular diseases is driving the growth of the cardiac arrhythmia monitoring devices market.

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The cardiac arrhythmia monitoring devices market segments in the report are:

1) By Type: Standards in Ambulatory Cardiac Monitoring, Patient- and Event-activated Intermittent Recorders, External Loop Recorder, Pre-symptom Memory Loop Cardiac Event Recorder, Post-symptom Event Recorder, Continuous Real-time Attended Remote Cardiac Monitors, Mobile Cardiac Outpatient Telemetry System, Vital Signs Transmitter (Bio Watch Medical)

2) By Device: Holter Monitor, Event Recorder, Mobile Cardiac Telemetry, Implantable Cardiac Monitor, Electrocardiogram (ECG) Monitor, Other Devices

3) By Application: Tachycardia, Bradycardia, Premature Contraction, Other Applications

4) By End-use: Hospitals and Clinics, Diagnostic Centers, Ambulatory Surgical Centers, Homecare Settings, Other End-uses

The table of contents in TBRC’s cardiac arrhythmia monitoring devices market report includes:

1. Executive Summary

2. Market Characteristics

3. Market Trends And Strategies

4. Impact Of COVID-19

5. Market Size And Growth

6. Segmentation

7. Regional And Country Analysis

27. Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions

29. Future Outlook and Potential Analysis

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