Cardiac Monitoring Devices System Market Segmentation, Future Trends, Growth Overview, Key Companies and Forecast by 2028

The global devices market is expected to reach US$ 43,334.36 million by 2028 from US$ 28,098.08 million in 2021; it is estimated to grow at a CAGR of 6.4% from 2021 to 2028.

The factors responsible for the Cardiac Monitoring Devices Market's growth are an increase in the incidence of cardiovascular diseases, a rise in the surge in the geriatric population base, and a rise in product launches and approvals. However, the risk of associated cybersecurity vulnerabilities and privacy issues hamper the cardiac monitoring devices market growth.

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Companies Profiled in this report includes:

• Medtronic
• Abbott
• Boston Scientific Corporation
• iRhythm Technologies, Inc.
• GE Healthcare
• Biotronik, Inc.
• SCHILLER Healthcare India Pvt. Ltd
• Koninklijke Philips N.V.
• MicroPort Scientific Corporation
• Asahi Kasei Corporation

In the last decade, the world witnessed notable developments in cardiac monitoring devices, offering physicians and patients new approaches to manage many diseases, including atrial arrhythmias, ventricular arrhythmias, and ventricular atrial fibrillation. The growing prevalence of cardiovascular diseases (CVDs) such as coronary heart diseases, sudden cardiac arrest, congenital heart diseases, heart failure, pulmonary hypertension, and pulmonary artery pressure (PA) encourages improved monitoring methods. The simplicity of use and the ability to detect cardiovascular diseases (CVDs) quickly are the factors adding to the popularity of cardiac monitoring devices. According to the World Health Organization (WHO), ~30 million people experience a stroke each year. Moreover, the American Heart Association states that more than 130 million people in the US are projected to have CVD by 2035.

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Cardiac Monitoring Devices Market Segmentation:
By Type:
• Cardiovascular Devices
• Multi-Parameters ECG Monitors
• Patient Monitoring Devices
• Ambulatory Cardiac Monitoring
• Cardiac Monitors

Product Type:
• Portable Monitor
• Smart Wearable Monitor
• Standard Monitor

By Application:
• Coronary Heart Diseases
• Sudden Cardiac Arrest
• Stroke
• Arrhythmia
• Congenital Heart Diseases
• Heart Failure
• Pulmonary Hypertension
• Heart Function (HF/LVEDP)
• Pulmonary Artery Pressure (PA)

End User:
• Hospitals
• Ambulatory Surgery Centers
• Cardiac Centers
• Homecare
• Clinics

A cardiac event monitor is a device used to record the heart's electrical activity (ECG) and keeps track of the heartbeat and rhythm., Cardiac event monitors are used when there is a need for long-term monitoring of symptoms that do not happen daily. Important heart health data can be tracked, recorded, and sent to patients' doctors using a cardiac monitoring gadget, which reduces the need for frequent visits to the doctor's office, allowing the care team to monitor patients' heart health from a distance.

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TABLE OF CONTENT:

3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Global Cardiac Monitoring Devices - Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America PEST Analysis
4.2.2 Europe - PEST Analysis
4.2.3 Asia Pacific - PEST Analysis
4.2.4 South and Central America - PEST Analysis
4.2.5 Middle East and Africa PEST Analysis
4.3 Experts Opinion
5. Cardiac Monitoring Devices Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Increase in Incidence of Cardiovascular Diseases
5.1.2 Surge in Geriatric Population
5.1.3 Rise in Number of Product Launches and Approvals
5.2 Market Restraints
5.2.1 Risk of Associated Cybersecurity Vulnerabilities
5.3 Market Opportunities
5.3.1 Measures to Reduce Infections Caused due to Cardiac Implantable Electronic Devices
5.4 Future Trends
5.4.1 Market Consolidations
5.5 Impact Analysis

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