Emergen Research latest document, titled ‘Global Cardiac Monitoring Cardiac Rhythm Management Devices Market - Forecast to 2027,’ is one of the most sought-after market reports involving an in-depth analysis of the global Cardiac Monitoring Cardiac Rhythm Management Devices market. The report’s authors have offered necessary details on the latest Cardiac Monitoring Cardiac Rhythm Management Devices market trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view of the Cardiac Monitoring Cardiac Rhythm Management Devices industry entails useful insights into the estimated Cardiac Monitoring Cardiac Rhythm Management Devices market size, revenue share, and sales distribution networks
The report is updated with the latest economic scenario and market scope with regard to the ongoing COVID-19 pandemic. The report covers growth prospects as well as current and futuristic revenue estimations in a post COVID scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market.
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The report offers a comprehensive overview of the competitive landscape and covers company profiles, production and manufacturing capacity, product portfolio, expansion strategies, and business initiatives such as mergers and acquisitions, joint ventures, collaborations, partnerships, and product launches and brand promotions among others.
Some Key Highlights from the Report
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.
The Asia Pacific region is expected to register significant growth over the forecast period due to the increasing initiatives of the government to improve the healthcare systems.
Key participants include 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.
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Regional Overview:
The global Cardiac Monitoring Cardiac Rhythm Management Devices market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East Africa. It evaluates the presence of the global Cardiac Monitoring Cardiac Rhythm Management Devices market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.
Key questions addressed in the report:
What are the key factors driving the global Cardiac Monitoring Cardiac Rhythm Management Devices market?
Who are the key manufacturers in this market space?
Who are the distributors, traders and dealers of this market?
What are the market opportunities and risks affecting the performance of the vendors in the global Cardiac Monitoring Cardiac Rhythm Management Devices market?
What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?
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)
- Mobile Cardiac Telemetry Devices
- Implantable Loop Recorders
- Event Monitors
- ECG Devices (Stress ECG Devices, Resting ECG Devices, Holter Monitors)
- Cardiac Output Monitoring Devices
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
- Hospitals
- Other End Users
Unfolding the prime factors prompting growth:
- The study offers an in-depth analysis of the product outlook, which depicts the latest production growth trends and profit valuation. It further fragments the global Cardiac Monitoring Cardiac Rhythm Management Devices market into a broad product spectrum.
- The study covers essential data related to these products’ application landscape, the demand for and market share held by each application type, and their growth rate analysis over the estimated period.
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