Ambulatory Cardiac Monitoring Devices
Cardiac monitoring solutions have come along a long way over the past several decades. From the traditional and preliminary bulky devices to the latest pocket sized tools has aided people in maintaining their well-being. Stepping up for the latest heart monitors, these can handle recordings, which also has auto-capture and patient controlled activation so that the user is aware of when a cardiac event occurs. Ambulatory Cardiac Monitoring Devices are formulated using Artificial Intelligence (AI), which takes data to the next level with wireless transmission to analyze every heartbeat for rate, QS morphology, rhythm, and P wave in order to have the most accurate diagnostics outcome. These can record a patient’s heart electrical activity for long periods of time and is thus more likely to detect an abnormality that comes and goes. Increasing cases of Cardiovascular Diseases (CVDs) and its associated on-demand need for medical services, along with the traditional electrocardiogram’s (ECG/EKG) inability to detect any abnormalities has led to a rise in demand for ambulatory heart monitoring. The high cost of these services is hindering the growth of the market. The use of latest technologies has led to the development of devices, which has electric wires attached to electrodes and can adhere to the skin on an individual’s chest. The health care providers are striving to improve the current scenario of services thus providing better opportunities for entrants who want to capitalize in this market.
Global Ambulatory Cardiac Monitoring devices market was valued at US$ XXXX XX in XXXX and is anticipated to reach US$ XXXX XX by XXXX.
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Ambulatory Cardiac Monitoring Devices Market, By Product
The Ambulatory Rhythm Monitor is used to detect, describe and document heart functionalities during a clinical practice. As some arrhythmias are infrequent or may occur only during sleep or while doing exercise, it is usual to record the electrical activity of the heart over a period of time, usually 24 hours. The quantification of the prevalence of rhythm disorders are well monitored using devices such as implantable loop recorder, ambulatory real-time and output cardiac monitors.
The report provides both, qualitative and quantitative research of the market, as well as provides worthy insights into the rational scenario and favored development methods adopted by the key contenders. The report also offers extensive research on the key players in this market and detailed insights on the competitiveness of these players. The key business strategies such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts adopted by the major players are also recognized and analyzed in the report. For each company, the report recognizes their manufacturing base, competitors, product type, application and specification, pricing, and gross margin.
The primary market participants include Abbott, Aetna Inc., Applied Cardiac Systems, Inc., BioTelemetry, Inc., BIOTRONIK, Boston Scientific Corporation, Cardiac Science, General Electric Company, Hill-Rom, iRhythm Technologies, Inc., Koninklijke Philips N.V., LifeWatch, Medicomp Inc., Medtronic, Preventice Services, LLC, QRS Diagnostic - A VectraCor Company, and The ScottCare Corporation amongst others.
Medicomp Inc. has launched one of the leading heart rate monitoring device called as TelePatch, which is completely wireless, has customizable and wear options and has no extra billing requirements. This device has enormously benefited cardiac patients and they can access their heart rhythm and correlate the symptoms associated with it.
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