Global Ambulatory Cardiac Monitoring Devices Market 2018-2022

Technavio’s market research analysts have predicted that the ambulatory cardiac monitoring devices market will register a CAGR of over 5% by 2022. This industry research report presents a comprehensive analysis of the global ambulatory cardiac monitoring devices market by product (ECG, cardiac event monitors, and cardiac telemetry devices) and by end-user (hospitals, ambulatory care centers, and others). The report also presents a detailed analysis of the market’s growth prospects across regions such as the Americas, APAC, and EMEA.

Global Ambulatory Cardiac Monitoring Devices Industry Overview

Our analysts have identified the increasing prevalence of CVDs to be one of the major factors driving market growth. The prevalence of CVDs has increased significantly in the last few years due to lifestyle changes and generic issues and is a primary cause of deaths worldwide. The expanding geriatric population is also leading to the rise of CVDs as the older population is more prone to cardiac problems. Premature deaths are caused due to CVDs such as heart attacks, strokes, and other circulatory diseases. The US accounts for highest percentage of people with CVDs due to obesity, poor diet, high blood pressure, and type 2 diabetes. The increasing prevalence of CVDs have increased the demand for cardiac monitoring devices such as pacemakers, ventricular assisted devices (VADs), Holter monitor, and electrocardiogram (ECG) machines.

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Companies covered

The ambulatory cardiac monitoring devices market is moderately fragmented owing to the presence of large number of vendors. This ambulatory cardiac monitoring devices industry analysis report will help the clients identify new growth opportunities and design new growth strategies. Also, this report offers a competitive analysis of the players in the ambulatory cardiac event monitoring market along with information on the products offered by the companies.

The report offers an analysis of a number of companies including:

• BioTelemetry
• General Electric
• iRhythm Technologies
• Medicomp
• Medtronic

Ambulatory cardiac monitoring devices market growth based on geographic regions

• Americas
• APAC
• EMEA

In terms of geographic regions, the Americas accounted for the major share in the market in 2017. The increasing instances of CVDs in North America will fuel the growth of the ambulatory cardiac event monitoring market. Moreover, R&D and clinical trials of new ambulatory cardiac monitoring devices have also surged the region which will drive the growth of the market.

Ambulatory cardiac monitoring devices market growth based on end-user

• Hospitals
• Ambulatory care centers

The hospitals segment accounted for the major share of the market during 2017. According to our research report, the growing prevalence of CVDs such as coronary artery diseases and an increase in the number of hospital visits will drive the growth of the heart monitoring device market during the forecast period.

Key highlights of the global ambulatory cardiac monitoring devices market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the ambulatory cardiac monitoring devices market during the next five years
• Precise estimation of the global ambulatory cardiac monitoring devices market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• Growth of the ambulatory cardiac monitoring devices industry across various geographies such as the Americas, APAC, and EMEA
• A thorough analysis of the market's competitive landscape and detailed information on several vendors
• Comprehensive information about factors that will challenge the growth of ambulatory cardiac monitoring devices manufacturers

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This market research report analyzes the market outlook and provides a list of key trends, drivers, and challenges that are anticipated to impact the ambulatory cardiac monitoring devices market and its stakeholders over the forecast years. Our analysts at Technavio have also considered how the performance of other related markets in the healthcare and life sciences will impact the size of the ambulatory cardiac monitoring devices market till 2022. Some of the markets most likely to influence the growth of the ambulatory cardiac monitoring devices market over the coming years are the portable medical equipment market and cardiac rhythm management (CRM) devices market.

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