Uploaded on Sep 14, 2020
Market Size – USD 19.71 Billion in 2019, Market Growth - CAGR of 3.9%, Market Trends– Increasing development of technologically advanced products
Cardiac Monitoring Market
Cardiac
Monitoring
Market To Reach
USD 26.83
Billion By 2027
Markett Summary
Market Size – USD 19.71 Billion in 2019, Market Growth - CAGR of 3.9%, Market
Trends– Increasing development of technologically advanced products
According to the current analysis of Reports and Data, the global Cardiac Monitoring Market valued at
USD 19.71 billion in 2019 and is expected to reach USD 26.83 billion by the year 2027 at a CAGR of 3.9%.
Cardiac monitoring is referred to as continuous or intermittent monitoring of the activity of the heart,
which is generally examined using ECG.
Further key findings from the report suggest
• In June 2020, Boston Scientific received U.S. Food and Drug Administration (FDA) 510(k)
clearance for the LUX-Dx Insertable Cardiac Monitor (ICM) System, a new, long-term diagnostic
device implanted in patients to detect arrhythmias associated with conditions such as atrial
fibrillation (AF), cryptogenic stroke and syncope
• In May 2020, Bardy Diagnostics has received CE mark certification for the 14-day version of the
Carnation Ambulatory Monitor (CAM) patch, the p-wave centric ambulatory cardiac patch
monitor and to detect arrhythmia. The company also is expected to bring remotely managed
product to monitor patients in COVID-19 crisis with least exposure
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Markett Summary
Key Players:
Medtronic (Ireland), Boston Scientific (US), Abbott Laboratories (US), GE Healthcare (US), BIOTRONIK
(Germany), Hill-Rom Holding (US), and Koninklijke Philips (Netherlands), Cardiac Science, Livanova,
Schiller AG, Biotelemetry
Segmentation:
Type Outlook (Revenue in Million USD; 2017–2027)
ECG devices
Product
Resting ECG Devices
Stress ECG Devices
Holter Monitors
Lead
Single Lead ECG Wires
ECG Lead Wires
Others
Event Monitors
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Markett Summary
End Use outlook (Revenue in Million USD; 2017–2027)
Hospitals
Clinics
Ambulatory Surgical Centers,
Home Care Settings
Regional Outlook for Cardiac Monitoring Market analyses the following geographies:
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
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The reportt emphasiizes tthe ffollllowiing key questtiions::
Q.1.What are the most lucrative and promising growth prospects for the market?
Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects
come into play in this advancement?
Q.3.Which geographies are estimated to exhibit the highest growth and the underlying
causes?
Q.4.Which factors are impacting the future of the market and what are the driving
factors?
Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast
period?
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