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Cardiac Monitoring Market Clinical Reviews by Expert and Healthcare Analysis 2018

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Published 26 July 2018
“Global Cardiac Monitoring Market 2017 to 2021” presents an in-depth assessment of the Cardiac Monitoring including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Cardiac Monitoring investments from 2018 till 2021.

Our market research analysis includes qualitative and quantitative research techniques like vendor analysis, drivers, challenges, and trend analysis. Furthermore, an analysis of the market share and market size using statistical models is also carried out to help clients develop active growth strategies and keep pace with the frequently changing market landscape. The market research experts at Technavio also take into account the market forecast, market size, and increasing demand for various patient monitoring devices products and services and offers an all-inclusive picture of the global cardiac monitoring market for the estimated period of 2017-2021.

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Companies Mentioned are: Abbott, GE Healthcare, Hill-Rom, Medtronic, and Philips Healthcare
Other Prominent Vendors in the market are: BIOTRONIK, Cheetah Medical, Deltex Medical, dms-service, Edwards Lifesciences, LiDCO, Manatec Biomedical, Midmark, NIHON KOHDEN, Schiller, SORIN GROUP, and Spacelabs Healthcare.

The Global Cardiac Monitoring Market to Grow at a CAGR of 8.12% during the period 2017-2021

The report covers the present scenario and the growth prospects of the global Cardiac Monitoring market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

Segmentation by product type and analysis of the cardiac monitoring market
Electrocardiogram (ECG) devices
Implantable loop recorder (ILRs)
Cardiac event monitors
Cardiac output monitoring (COM) devices

The market is divided into the following segments based on geography: Americas, APAC, EMEA

Commenting on the report, an analyst from Industrydataanalytics team said: The latest trend gaining momentum in the market is Increasing number of M&A and strategic collaborations. Strategic M&A and collaborations are common in the global cardiac monitoring market. The key vendors acquire other companies to improve their products and increase their revenues. For instance, in January 2017, Abbott announced that it had completed the acquisition of St. Jude Medical. The acquisition provides Abbott with expanded opportunities for future growth. It will also help the company develop a strong and diverse portfolio of devices, diagnostics, nutritionals, and branded generic pharmaceuticals.

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This independent 102 page report guarantees you will remain better informed than your competition. With over tables and figures examining the Cardiac Monitoring market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2021.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
Major points covered in Global Automotive Start-stop System Market2018 Research are:-

What will the market size and the growth rate be in 2021?
What are the key factors driving the Global Cardiac Monitoring market?
What are the key market trends impacting the growth of the Global Cardiac Monitoring market?
What are the challenges to market growth?
Who are the key vendors in the Global Cardiac Monitoring market?
What are the market opportunities and threats faced by the vendors in the Global Cardiac Monitoring market?
What are the key outcomes of the five forces analysis of the Global Cardiac Monitoring market?

the report states that one of the major factors hindering the growth of this market is High cost of cardiac monitoring devices. The high cost of cardiac monitoring devices such as ECG devices and ILRs is affecting their adoption. ECG devices that are offered by key vendors such as GE Healthcare, Philips Healthcare, and NIHON KOHDEN cost around $1,000-$3,000. Hence, these devices are bought mostly by Tier-1 and Tier-2 hospitals. Patients without insurance find it difficult to afford ECG tests. For instance, the average cost of a provider-administered ECG test in the US is around $1500-$2000. This includes the cost of the test and the interpretation of the result by a trained cardiologist.

Market Challenge in this Report:

- High cost of cardiac monitoring devices
- For a full, detailed list, view our report  

Market Trend in this Report:

- Increasing number of M&A and strategic collaborations
- For a full, detailed list, view our report 

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According to the report, one of the major drivers for this market is Increasing prevalence of CVDs. The prevalence of CVDs such as angina, MI, stroke, heart failure, venous thromboembolism (VTE), and heart arrhythmia is increasing. CVDs are estimated to cause approximately 19 million deaths across the world by 2020. According to Eurostat, in 2013, CVDs caused 1.9 million deaths in the EU-28. According to the CDC, in the US, each year, approximately 610,000 people die from heart disease. Every year, in the US, about 735,000 people have a heart attack and about 795,000 people have a stroke.                                                      

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

About Us:-

Industrydataanalytics provides syndicated market research reports to industries, organizations or even individuals with an aim of helping them in their decision making process. These reports include in-depth market research studies i.e. market share analysis, industry analysis, information on products, countries, market size, trends, business research details and much more. Industrydataanalytics provides Global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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