Global Cardiac Monitoring & Cardiac Rhythm Management Devices Market By Cardiac Monitoring Devices (ECG Devices, Implantable Loop Recorders, Mobile Cardiac Telemetry Devices, Cardiac Output Monitoring Devices, Others) By Cardiac Rhythm Management Devices (Defibrillator v/s Pacemakers) By End User (Hospitals & Clinics, Cardiac Care Centers, Ambulatory Surgery Centers, Others) By Region, Competition Forecast & Opportunities, 2027

  • Industry : Healthcare
  • Pages : NA
  • Published Date : NA
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Summary

Report Description

Global cardiac monitoring & cardiac rhythm management devices market is projected to grow at a steady pace through 2027, on account of surging treatment costs of cardiac diseases and growing demand for ambulatory and home services. Cardiac disorders, such as cardiac arrhythmias, heart failure, and cardiac arrests, are growing at a rapid rate which are the major drivers for the growth of global cardiac monitoring & cardiac rhythm management devices market.

Geriatric world population along with the introduction of advanced cardiac management, monitoring and treatment options for heart arrhythmias is propelling the growth of global cardiac monitoring and cardiac rhythm management devices market.

Global cardiac monitoring & cardiac rhythm management devices market is segmented by cardiac monitoring devices, cardiac rhythm management devices, end users and region. Based on cardiac monitoring devices, the market is further segmented into ECG devices, implantable loop recorders, mobile cardiac telemetry devices, cardiac output monitoring devices and others.

ECG devices has dominated the market in historical years and is expected to assert its dominance in the forecast period too. The market is growing with the support of commercialization of novel products, regional expansions, technological advancements, and government initiatives.

Based on cardiac rhythm management devices, the market is further categorized as defibrillators and pacemakers. Defibrillators is estimated to continue to dominate the market in forecast years, owing to growing use of cardiac rhythm management in countries such as China and India, among others.

Spread of COVID-19 virus caused a complete lockdown, worldwide. Economy was affected worldwide and so did the healthcare devices market. Although the healthcare industry recovered soon from the setback, cardiac monitoring and cardiac rhythm management devices market is showing a steadier growth in the future market.

Some of the major competitors in the market are Abbott Laboratories, Inc., Medtronic PLC, Boston Scientific Corporation, MicroPort Scientific Corporation, GE Healthcare, Koninklijke Philips N.V., Hill-Rom Holdings, Inc., BIOTRONIK, Asahi Kasei Corporation, Nihon Kohden Corporation, Schiller AG, Alivecor, Inc., Metrax GmbH, Shenzhen Mindray Bio-Medical Electronics, LivaNova PLC. The companies are focusing on extensive research and development activities to stay competitive in the market. Other competitive strategies include formation of alliances and partnerships.

Objective of the Study:

  • To analyze historical growth in market size of Global cardiac monitoring & cardiac rhythm management devices market from 2017 to 2021.
  • To estimate and forecast the market size of Global cardiac monitoring & cardiac rhythm management devices market from 2022 to 2027 and growth rate until 2027. 
  • To classify and forecast Global cardiac monitoring & cardiac rhythm management devices market based on cardiac monitoring devices, cardiac rhythm management devices, end user, and regional distribution.
  • To identify dominant region or segment in the Global cardiac monitoring & cardiac rhythm management devices market.
  • To identify drivers and challenges for Global cardiac monitoring & cardiac rhythm management devices market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global cardiac monitoring & cardiac rhythm management devices market.
  • To identify and analyze the profiles of leading players operating in Global cardiac monitoring & cardiac rhythm management devices market.
  • To identify key sustainable strategies adopted by market players in Global cardiac monitoring & cardiac rhythm management devices market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers, suppliers, and service providers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufactures which could not be identified due to the limitations of secondary research.

TechSci Research analyzed the manufactures, distribution channels and presence of all major players across the country.

TechSci Research calculated the market size of Global cardiac monitoring & cardiac rhythm management devices market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated them through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Cardiac monitoring & cardiac rhythm management devices manufacturers, end users, service providers and other stakeholders
  • Distributers and suppliers of cardiac monitoring & cardiac rhythm management devices’ products and services and other stakeholders
  • Organizations, forums, and alliances related to cardiac monitoring & cardiac rhythm management devices   
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2021

Historical Years

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million and CAGR for 2017-2021 and 2022-2027

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

  • Cardiac Monitoring Devices
  • Cardiac Rhythm Management Devices
  • End User

Regional Scope

North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa

Country Scope

United States; Canada; Mexico; China; India; Japan; Australia; Singapore; Malaysia; South Korea; Germany; France; United Kingdom; Spain; Italy; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Qatar

Key Companies Profiled

Abbott Laboratories, Inc., Medtronic PLC, Boston Scientific Corporation, MicroPort Scientific Corporation, GE Healthcare, Koninklijke Philips N.V., Hill-Rom Holdings, Inc., BIOTRONIK, Asahi Kasei Corporation, Nihon Kohden Corporation, Schiller AG, Alivecor, Inc., Metrax GmbH, Shenzhen Mindray Bio-Medical Electronics, LivaNova PLC.

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, Global cardiac monitoring & cardiac rhythm management devices market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Global Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Monitoring Devices:
    • ECG Devices
    • Implantable Loop Recorders
    • Mobile Cardiac Telemetry Devices
    • Cardiac Output Monitoring Devices
    • Others
  • Global Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Rhythm Management Devices:
    • Defibrillators
    • Pacemakers
  • Global Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By End User:
    • Hospitals & Clinics
    • Cardiac Care Centers
    • Ambulatory Surgery Centers
    • Others
  • Global Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Region:
    • Asia Pacific
      • China
      • India 
      • Japan
      • South Korea
      • Australia
      • Singapore
      • Malaysia
    • Europe & CIS
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East and Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Qatar

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Global cardiac monitoring & cardiac rhythm management devices market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
Global Cardiac Monitoring & Cardiac Rhythm Management Devices Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Cardiac Monitoring & Cardiac Rhythm Management Devices Market

4.    Voice of Customer

5.    Executive Summary

6.    Global Cardiac Monitoring & Cardiac Rhythm Management Devices Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Cardiac Monitoring Devices (ECG Devices, Implantable Loop Recorders,     Mobile Cardiac Telemetry Devices, Cardiac Output Monitoring Devices, Others)

6.2.2.     By Cardiac Rhythm Management Device (Defibrillators v/s Pacemakers)

6.2.3.     By End User (Hospitals & Clinics, Cardiac Care Centers, Ambulatory Surgery Centers, Others)

6.2.4.     By Company (2021)

6.2.5.     By Region

6.3.  Product Market Map

7.    Asia-Pacific Cardiac Monitoring & Cardiac Rhythm Management Devices Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Cardiac Monitoring Devices

7.2.2.     By Cardiac Rhythm Management Devices

7.2.3.     By End User

7.2.4.     By Country

7.3.  Asia-Pacific: Country Analysis

7.3.1.     China Cardiac Monitoring & Cardiac Rhythm Management Devices Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Cardiac Monitoring Devices

7.3.1.2.2.             By Cardiac Rhythm Management Devices

7.3.1.2.3.             By End User

7.3.2.     India Cardiac Monitoring & Cardiac Rhythm Management Devices Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Cardiac Monitoring Devices

7.3.2.2.2.             By Cardiac Rhythm Management Devices

7.3.2.2.3.             By End User

7.3.3.     South Korea Cardiac Monitoring & Cardiac Rhythm Management Devices Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Cardiac Monitoring Devices

7.3.3.2.2.             By Cardiac Rhythm Management Devices

7.3.3.2.3.             By End User

7.3.4.     Japan Cardiac Monitoring & Cardiac Rhythm Management Devices Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Cardiac Monitoring Devices

7.3.4.2.2.             By Cardiac Rhythm Management Devices

7.3.4.2.3.             By End User

7.3.5.     Australia Cardiac Monitoring & Cardiac Rhythm Management Devices Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Cardiac Monitoring Devices

7.3.5.2.2.             By Cardiac Rhythm Management Devices

7.3.5.2.3.             By End User

8.    Europe Cardiac Monitoring & Cardiac Rhythm Management Devices Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Cardiac Monitoring Devices

8.2.2.     By Cardiac Rhythm Management Devices

8.2.3.     By End User

8.2.4.     By Country

8.3.  Europe: Country Analysis

8.3.1.     France Cardiac Monitoring & Cardiac Rhythm Management Devices Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Cardiac Monitoring Devices

8.3.1.2.2.             By Cardiac Rhythm Management Devices

8.3.1.2.3.             By End User

8.3.2.     Germany Cardiac Monitoring & Cardiac Rhythm Management Devices Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Cardiac Monitoring Devices

8.3.2.2.2.             By Cardiac Rhythm Management Devices

8.3.2.2.3.             By End User

8.3.3.     United Kingdom Cardiac Monitoring & Cardiac Rhythm Management Devices Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Cardiac Monitoring Devices

8.3.3.2.2.             By Cardiac Rhythm Management Devices

8.3.3.2.3.             By End User

8.3.4.     Italy Cardiac Monitoring & Cardiac Rhythm Management Devices Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Cardiac Monitoring Devices

8.3.4.2.2.             By Cardiac Rhythm Management Devices

8.3.4.2.3.             By End User

8.3.5.     Spain Cardiac Monitoring & Cardiac Rhythm Management Devices Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Cardiac Monitoring Devices

8.3.5.2.2.             By Cardiac Rhythm Management Devices

8.3.5.2.3.             By End User

9.    North America Cardiac Monitoring & Cardiac Rhythm Management Devices Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Cardiac Monitoring Devices

9.2.2.     By Cardiac Rhythm Management Devices

9.2.3.     By End User

9.2.4.     By Country

9.3.  North America: Country Analysis

9.3.1.     United States Cardiac Monitoring & Cardiac Rhythm Management Devices Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Cardiac Monitoring Devices

9.3.1.2.2.             By Cardiac Rhythm Management Devices

9.3.1.2.3.             By End User

9.3.2.     Mexico Cardiac Monitoring & Cardiac Rhythm Management Devices Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Cardiac Monitoring Devices

9.3.2.2.2.             By Cardiac Rhythm Management Devices

9.3.2.2.3.             By End User

9.3.3.     Canada Cardiac Monitoring & Cardiac Rhythm Management Devices Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Cardiac Monitoring Devices

9.3.3.2.2.             By Cardiac Rhythm Management Devices

9.3.3.2.3.             By End User

10.  South America Cardiac Monitoring & Cardiac Rhythm Management Devices Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Cardiac Monitoring Devices

10.2.2.  By Cardiac Rhythm Management Devices

10.2.3.  By End User

10.2.4.  By Country

10.3.              South America: Country Analysis

10.3.1.  Brazil Cardiac Monitoring & Cardiac Rhythm Management Devices Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Cardiac Monitoring Devices

10.3.1.2.2.           By Cardiac Rhythm Management Devices

10.3.1.2.3.           By End User

10.3.2.  Argentina Cardiac Monitoring & Cardiac Rhythm Management Devices Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Cardiac Monitoring Devices

10.3.2.2.2.           By Cardiac Rhythm Management Devices

10.3.2.2.3.           By End User

10.3.3.  Colombia Cardiac Monitoring & Cardiac Rhythm Management Devices Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Cardiac Monitoring Devices

10.3.3.2.2.           By Cardiac Rhythm Management Devices

10.3.3.2.3.           By End User

11.  Middle East and Africa Cardiac Monitoring & Cardiac Rhythm Management Devices Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value

11.2.              Market Share & Forecast

11.2.1.  By Cardiac Monitoring Devices

11.2.2.  By Type

11.2.3.  By End User

11.2.4.  By Country

11.3.              MEA: Country Analysis

11.3.1.  South Africa Cardiac Monitoring & Cardiac Rhythm Management Devices Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Cardiac Monitoring Devices

11.3.1.2.2.           By Cardiac Rhythm Management Devices

11.3.1.2.3.           By End User

11.3.2.  Saudi Arabia Cardiac Monitoring & Cardiac Rhythm Management Devices Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Cardiac Monitoring Devices

11.3.2.2.2.           By Cardiac Rhythm Management Devices

11.3.2.2.3.           By End User

11.3.3.  UAE Cardiac Monitoring & Cardiac Rhythm Management Devices Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Cardiac Monitoring Devices

11.3.3.2.2.           By Cardiac Rhythm Management Devices

11.3.3.2.3.           By End User

11.3.4.  Kuwait Cardiac Monitoring & Cardiac Rhythm Management Devices Market Outlook

11.3.4.1.      Market Size & Forecast

11.3.4.1.1.           By Value

11.3.4.2.      Market Share & Forecast

11.3.4.2.1.           By Cardiac Monitoring Devices

11.3.4.2.2.           By Cardiac Rhythm Management Devices

11.3.4.2.3.           By End User

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends & Developments

14.  Competitive Landscape

14.1.              Abbott Laboratories, Inc.

14.2.              Medtronic PLC

14.3.              Boston Scientific Corporation

14.4.              MicroPort Scientific Corporation

14.5.              GE Healthcare

14.6.              Koninklijke Philips N.V.

14.7.              Hill-Rom Holdings, Inc.

14.8.              BIOTRONIK

14.9.              Asahi Kasei Corporation

14.10.            Nihon Kohden Corporation

14.11.            Schiller AG

14.12.            Alivecor, Inc.

14.13.            Metrax GmbH

14.14.            Shenzhen Mindray Bio-Medical Electronics

14.15.            LivaNova PLC

15.  Strategic Recommendations

Figures and Tables

Frequently asked questions

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Factors like surging treatment costs of cardiac diseases and growing demand for ambulatory and home services are driving the growth of the global cardiac monitoring & cardiac rhythm management devices market in the forecast years, 2023-2027.

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Abbott Laboratories, Inc., Medtronic PLC, Boston Scientific Corporation, MicroPort Scientific Corporation, GE Healthcare, among others are leading the global cardiac monitoring & cardiac rhythm management devices market in the forecast period, 2023-2027.

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The global cardiac monitoring & cardiac rhythm management devices market analysis was analyzed for the five historical years from 2017 to 2020. Keeping the base year 2020 as the margin, the estimation for the year 2022 was made and further market growth is predicted for the forecast years, 2023 to 2027.

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New market players may invest actively in research and innovative product development. Also, advancing their existent technology according to evolving consumer preferences along with merger and acquisitions with the global giants can be viable strategic recommendations for the future brand establishments.

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Cardiac Monitoring & Cardiac Rhythm Management Devices Market to Grow at a Significant Rate During the Forecast Period

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Rising incidence of cardiovascular diseases to drive the Global Cardiac Monitoring & Cardiac Rhythm Management Devices Market towards a steady growth.

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