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Cardiac Arrhythmias Monitoring Market Share, Size, Industry Analysis, Demand, Growth and Research Report 2016 - 2026

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Cardiac Arrhythmias Monitoring Market Share, Size, Industry Analysis, Demand, Growth and Research Report 2016 - 2026

Increased rate of occurrence of arrhythmias, technological advancement in monitoring devices, and change in lifestyle are some of the factors boosting Cardiac Arrhythmias Monitoring Devices Market. 

Market Size – USD 5.27 Billion in 2018, Market Growth - CAGR of 6.5%, Market Trends –Effective detection of arrhythmias.

 The Global Cardiac Arrhythmias Monitoring Devices Market is forecast to reach USD 8.78 Billion by 2026, according to a new report by Reports and Data.

Various factors have contributed to the market growth of the industry. One of the significant factors in this context has been the rise in the rate of occurrence of arrhythmias and the associated mortality. Such an increase in mortality rate associated with arrhythmias is a significant factor that has boosted the industry. The rise in the mortality rate associated with arrhythmias has also promoted the government in increasing its investments in the industry. The increase in the investments has resulted in advancements in cardiac arrhythmias monitoring devices like mobile cardiac telemetry devices. Such improvements enhance the applicability and ease of use of these devices, which in turn have a positive impact on the sector.

In addition to that, cardiac arrhythmias monitoring devices also have diverse applicability apart from recording the heartbeat, like alerting the care providers in case of emergencies. Such varied applicability of these devices also results in promoting the sector and contributes to its market growth.

In context to region, North America holds the largest market share because of the easy availability of technologically advanced arrhythmia-monitoring devices in this region and an increase in the prevalence of cardiac arrhythmias. There has also been an increased investment for R&D in this region, contributing to market dominance in this region.

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The report provides a complete analysis of the global Cardiac Arrhythmias Monitoring market with important details about the key market players from insightful primary and secondary research data. The report also aims to benefit the user by providing constructive data to gain insight into the market growth, size, and investment approaches.

The key companies profiled in the market are:

iRhythm Technologies, Applied Cardiac Systems, Medtronic, Biotelemetry, Welch Allyn, Cardiac Science Corporation, Fukuda Denshi, Preventice Solutions, St.Jude Medical, Spacelabs Healthcare, Nihon Kohden Corporation, NUUBO Smart Solutions Technologies, and AliveCor.

Further key findings from the report suggest

  • Availability of low-cost ECG services and devices is having a positive impact on the growth of the sector.
  • Increased awareness level about cardiac health and arrhythmias is also boosting the growth of this industry.
  • In regards to devices, the resting ECG devices segment is leading the market and is forecasted to occupy 37% of the market share by 2026 with a CAGR of 7.2% during the forecast period. The reason for this segment to lead the market is applicability in detecting arrhythmias in an individual is in a resting position, making it applicable in hospital admissions.
  • Constant focus on technological advancement in the monitoring devices segment is also boosting the growth rate of the industry.
  • In regards to the technology segment, digital health technology holds the largest market share of 36% in the year 2018, with a growth rate of 6.9% during the forecast period. Factors contributing to its market share are a long association in the healthcare industry and its applicability in transferring data that helps in managing the health condition.
  • In context to the distribution channel, the dominance of retail pharmacies is observable that holds 69% of the market in 2018, and it is forecasted to witness a growth rate of 6.7%. Factors like the requirement of expert understanding for distributing the devices and specific regulations regulating the market are the boosting factors for the industry in this segment.
  • The broad applicability of cardiac arrhythmias monitoring devices in the management of arrhythmias is one of the major contributing factors for its growth. In regards to application, atrial fibrillation occupies the largest market share of 30% in 2018 with a growth rate of 6.9% during the forecast period. The high rate of prevalence of the condition makes the application of the devices necessary for its management and results in its market dominance.
  • In the end users segment, hospitals occupy the largest market share of 36% in 2018 with the highest growth rate of 7.2% during the forecast period. Factors like rise in the prevalence of arrhythmias, and related hospital admissions are the contributing reasons for its market dominance.
  • North America is forecasted to hold the largest market share of 33% of the market by 2026, with a growth rate of 6.9% during the forecast period. Presence of technologically advanced arrhythmia monitoring devices and a high prevalence of cardiac arrhythmias results in boosting the market in this region.

For the purpose of this report, Reports and Data have segmented the global cardiac arrhythmias monitoring devices market based on Device Type, Technology, Distribution channel, Application and End-user, and Region:

Device Type Outlook (Revenue, USD Billion; 2016-2026)

  • Mobile Cardiac Telemetry Devices
  • Resting ECG Devices
  • Holter Monitors
  • ECG Stress Test Devices
  • Ambulatory ECG

Technology Type Outlook (Revenue, USD Billion; 2016-2026)

  • Mobile Cardiac Telemetry Monitoring (MCT/MCOT)
  • Digital Health Technology
  • Smart Wearable ECG Monitors
  • Artificial Intelligence

Distribution channel Type Outlook (Revenue, USD Billion; 2016-2026)

  • Retail pharmacies
  • Online pharmacies

Application Type Outlook (Revenue, USD Billion; 2016-2026)

  • Ventricular Fibrillation
  • Atrial Fibrillation
  • Bradycardia
  • Premature Contraction
  • Conduction Disorders
  • Tachycardia

End-user Outlook (Revenue, USD Billion; 2016-2026)

  • Hospitals
  • Diagnostic Centers
  • Ambulatory Surgical Centers
  • Homecare Settings
  • R&D Centers

Browse Complete Report “Cardiac Arrhythmias Monitoring Market” @ https://www.reportsanddata.com/report-detail/cardiac-arrhythmias-monitoring-devices-market

The report further segments the market on the basis of key regions of the world and offers an assessment of the production and manufacturing capacity, import and export, production and consumption patterns, supply and demand ratio, and the presence of key players in each region. The Cardiac Arrhythmias Monitoring market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

In-depth regional analysis covers:

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • U.K.
  • France
  • BENELUX
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • South Korea
  • Rest of APAC
  • Latin America
  • Brazil
  • Rest of LATAM
  • Middle East & Africa
  • Saudi Arabia
  • A.E.
  • Rest of MEA

The report includes primary and subjective research with a comprehensive study examined and validated by industry professionals and experts. The report further provides insights into the opportunities and threats that the industry may witness in the upcoming years, throughout the forecast period. The report also provides an insight into the growth in revenue along with CAGR throughout the forecast period. It also provides insights into lucrative opportunities to enable the businesses to capitalize on the emerging trends of the market.

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Highlights of the TOC:

  1. Report Overview

1.1 Research Scope

1.2 Key Cardiac Arrhythmias Monitoring market segments

1.3 Major players

1.4 Market analysis by product

1.5 Market analysis by application

1.6 Report timeline

  1. Global Growth Trends

2.1 Global Cardiac Arrhythmias Monitoring market size

2.2 Latest Cardiac Arrhythmias Monitoring market trends

2.3 Key growth trends

  1. Competitive Landscape

3.1 Global Cardiac Arrhythmias Monitoring market key players

3.2 Global Cardiac Arrhythmias Monitoring size by manufacturers

3.3 Products of major players

3.4 Entry barriers in the Cardiac Arrhythmias Monitoring market

3.5 Mergers, acquisitions, joint ventures, and strategic alliances

About Reports and Data                              

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Thank you for reading our report. For additional information on customization of the report, connect with us and we will make sure you get a report tailored to meet your needs.

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