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Monolithic Insertable Cardiac Monitor Market 2021 Size with Top Countries Industry Chain Structure, Competitive Landscape, Future Trends, New Projects and Forecasts up to 2027 - Medtronic, ST Jude Medical, Angel Medical Systems

12-02-2021 06:02 AM CET | Health & Medicine

Press release from: Market Insights Reports

The Monolithic Insertable Cardiac Monitor Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

The Global Monolithic Insertable Cardiac Monitor Market Size is Projected to Reach at a CAGR of 7% during 2021-2026.

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Market Overview:

The factors that are responsible for the growth of the market include a rise in incidences of Cardiovascular Diseases in the region, increasing investments by major players in the region, and increasing demand for home-based point of care and remote monitoring cardiac systems.  Cardiovascular diseases (CVD) in the South American region are the leading cause of death. The factors which lead to cardiovascular diseases are obesity, diabetes, lifestyle, and dietary habits. The monitoring can be performed in a continuous fashion for a period of two to three years, owing to the advanced level batteries with maximized durability. Hence, these devices can be used adequately in patients that require extended periods of monitoring and treatment like infrequent arrhythmias. The preference for implantable cardiac monitors is increasing at a drastic rate, owing to the limited patient stay at the hospital or clinics after surgical procedures, the cost-effectiveness of these medical devices and the escalating ageing population.

Top Leading Companies:

Medtronic, ST Jude Medical, Angel Medical Systems, Boston Scientific Corporation, Vectorious

Recent Development:

On 7th July 2020, Medtronic Company received the U.S Food and Drug Administration (FDA) and CE Mark approval for its device LINQ II insertable cardiac monitor composed with remote programming function. In January 2019, the remote monitoring company Geneva Healthcare announced the acquisition of Geneva Healthcare, creator of a remote monitoring platform for implantable cardiac devices, for about USD 45 million in upfront cash with additional performance-based earn-out considerations of no less than USD 20 million.

Angel Medical Systems had partnered with Flextronics, a leading Electronics Manufacturing Services (EMS) provider that had helped as its manufacturing partner in the development of their product AngelMed Guardian system(Med Device Online, 2012).
Boston Scientific has acquired 59 companies, including 23 in the last 5 years. A total of 12 acquisitions came from private equity firms. It has also divested 6 assets.

Boston Scientific’s largest acquisition to date was in 2006 when it acquired Guidant for $24.6B. Its largest disclosed sale occurred in 2020 when it sold BTG Specialty Pharmaceuticals to SERB SA for $800M. Boston Scientific has acquired in 11 different US states, and 7 countries. The Company’s most targeted sectors include medical products (76%) and healthcare services (15%).

Monolithic Insertable Cardiac Monitor Market Segmentation by Type:

USB
Chip

Monolithic Insertable Cardiac Monitor Market Segmentation by Application:

Cardiovascular Syncope
Stroke
Heart Failure
Cardiac Arrhythmias
Others

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Regional Monolithic Insertable Cardiac Monitor Market (Regional Output, Demand & Forecast by Countries)

North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.

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Highlights of the Monolithic Insertable Cardiac Monitor Market Report:

Detailed overview of Monolithic Insertable Cardiac Monitor Market
Changing the Monolithic Insertable Cardiac Monitor market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Monolithic Insertable Cardiac Monitor market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Monolithic Insertable Cardiac Monitor Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.

The research includes historic data from 2016 to 2021 and forecasts until 2026 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, the Monolithic Insertable Cardiac Monitor Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Monolithic Insertable Cardiac Monitor industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

We Offer Customization on Report Based on Specific Client Requirement:

– Free country Level analysis for any 5 countries of your choice.

– Free Competitive analysis of any 5 key market players.

– Free 40 analyst hours to cover any other data point.

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