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Global Cardiac Monitoring and Cardiac Rhythm Management Devices Market: Size, Trend, Share, Opportunity Analysis, and Forecast, 20142025 [Updated: 01032017] Prices from USD $3619

20:24 EDT 8 Jun 2017 | BioPortfolio Reports

Cardiac monitoring is a technique for continuously monitoring the heart rhythm and its activity. Cardiac monitoring helps physicians to discover cardiac arrhythmia, atrial fibrillation, atrial flutter, and other heart disorders and aids in determining heart health and faster diagnosis. Cardiac monitoring and cardiac rhythm management devices are used worldwide to cure and monitor several serious cardiac disorders thereby ensuring that a patient has a wellfunctioning heart. The global cardiac monitoring and cardiac rhythm management devices market is expected to grow at a CAGR of 6.2% from 2017 to 2025.
On the basis of product type, the market is divided into electrocardiogram ECG devices, implantable loop recorders ILR, cardiac output monitoring COM devices, event monitors, pacemakers, cardiac resynchronization therapy CRT devices, defibrillators, and ventricular assist devices VADs. According to end user, the market is divided into hospitals clinics, home settings, and ambulatory surgical centers ASCs. Geographic breakdown and deep analysis of each of the aforementioned segments have resulted into the following regions: North America, Europe, AsiaPacific, and LAMEA.
Market Dynamics:
Drivers:
Increasing incidence of cardiovascular diseases
Increasing geriatric population
Technological advancements for cardiac monitoring and cardiac rhythm management devices
Restraints:
Shortage of skilled professionals such as technicians and doctors with expertise in cardiac monitoring
Uncertainty in reimbursement policies for cardiac monitoring devices



Market Players:
Market players adopted different strategies, such as product development and product approval to establish their foothold in the market. For instance, in August 2016, Boston Scientific Corp. received an FDA approval for Emblem MRI SICD system. The system is MRI labeled; hence, this enables patients implanted with SICD system to undergo an MRI scan safely. This has strengthened the company's SICD portfolio. The top players in the global cardiac monitoring and cardiac rhythm management devices market include Abiomed Inc, Berlin Heart GmbH, Biotronik SE Co. KG, Boston Scientific Corp., Cardiac Science Corporation, General Electric Co. GE, HillRom Holdings, Inc., St. Jude Medical, Inc., Medtronic PLC, and Nihon Kohden Corp.
KEY TAKEAWAYS


MARKET LANDSCAPE
By Product Type
Electrocardiogram ECG Devices
o ECG, by type
Resting ECG
Stress ECG
Holter Monitors
Wired
Wireless
o ECG, by lead
Single Lead
36 Lead
12 Lead
Implantable Loop Recorders ILR
Cardiac Output Monitoring COM Devices
o Minimally Invasive COM Devices
o Noninvasive COM Devices
Event Monitors
o By Type
Presymptom
Postsymptom
o By Technology
Manual Event Monitors
Autodetect Monitors
Pacemakers
o Implantable Pacemakers
o External Pacemakers
Cardiac Resynchronization Therapy CRT Devices
o CRTP CRT with Pacemaker Function
o CRTD CRT with Pacemaker and ICD Function
Defibrillator
o Implantable Cardioverter Defibrillators ICDs
Transvenous Implantable Cardioverter Defibrillator TICDs
DualChamber ICDs
SingleChamber ICDs
Subcutaneous Implantable Cardioverter Defibrillator SICDs
o External Defibrillator
Manual External Defibrillator
Automated External Defibrillator AEDs
Semiautomated External Defibrillator
Fully automated External Defibrillator
Wearable Cardioverter Defibrillator WCDs
Ventricular Assist Devices VADs
o Left Ventricular Assist Device LVAD
o Right Ventricular Assist Device RVAD
o Biventricular Assist Device BIVAD

By EndUser
Hospitals and Clinics
Home Settings
Ambulatory Surgical Centers ASCs

By Geography
North America
o U.S.
o Canada
o Mexico
Europe
o UK
o Germany
o France
o Spain
o Italy
o Rest of Europe
AsiaPacific
o China
o Japan
o India
o Australia
o South Korea
o Rest of AsiaPacific
LAMEA
o Brazil
o Saudi Arabia
o South Africa
o Rest of LAMEA

Original Article: Global Cardiac Monitoring and Cardiac Rhythm Management Devices Market: Size, Trend, Share, Opportunity Analysis, and Forecast, 20142025 [Updated: 01032017] Prices from USD $3619

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