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Arrhythmia Market Drivers, Restraints, Futuristic Trends, Huge Growth, Opportunities And Global Size By Forecast 2032 || Medtronic plc, Abbott Laboratories, Boston Scientific, AliveCor, Biotronik, Biotricity
Arrhythmia Market
The Business Research Company's Arrhythmia Global Market Report 2023 identifies the rising prevalence of cardiac disease and other heart problems as the major driver for the arrhythmia market's growth in the forecast period. Cardiac disease or cardiovascular disease refers to a collection of heart and blood vessel conditions, including several conditions such as atherosclerosis, heart attack, stroke, and arrhythmia, among others. Both functional defects, including diastolic and systolic dysfunction, and electrical defects, including the development of arrhythmias, can result in a high prevalence of heart failure, atrial fibrillation, and other cardiovascular diseases.
The global arrhythmia market size is expected to grow from $6.93 billion in 2022 to $7.44 billion in 2023, at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The arrhythmia market size is expected to grow to $9.82 billion in 2027 at a CAGR of 7.2%.
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Major competitors in the arrhythmia market are Medtronic plc, Abbott Laboratories, Boston Scientific, AliveCor, Biotronik, Biotricity, GE HealthCare, Koninklijke Philips NV, Nihon Kohden Corporation, Spacelabs Healthcare, Welch Allyn Inc., Mylan NV, Mayne Group, Sanofi SA, and Lepu Medical Technology Company.
A key trend in the arrhythmia market includes new therapies for treatment. Major players operating in the market are advancing toward developing new therapies, such as cryoablation therapy, an innovative treatment used in patients with arrhythmias. For instance, in November 2021, Aster Medcity, an India-based quaternary care healthcare center, launched the state-of-the-art heart disease treatment Cryoablation Therapy, an innovative procedure that inhibits abnormal electrical pathways that cause strokes and heart failures and restores a normal heartbeat.
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The Arrhythmia market is segmented -
• By Type: Supraventicular Tachycardias, Ventricular Arrhythmias, Bradyarrhythmias, Other Types
• By Test Equipment: Electrocardiogram (ECG), Holter Monitor
• By Hearth blocks: First degree heart block, Second degree heart block, Third Degree heart block
• By Distribution Channel: Hospitals Pharmacies, Retail Pharmacies, Online Pharmacies
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the arrhythmia market.
The Business Research Company's "Global Arrhythmia Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Arrhythmia Market Include:
1. Executive Summary
2. Arrhythmia Market Characteristics
3. Arrhythmia Market Trends And Strategies
4. Arrhythmia Market - Macro Economic Scenario
5. Arrhythmia Market Size And Growth
……………
27. Arrhythmia Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Arrhythmia Market
29. Arrhythmia Market Future Outlook And Potential Analysis
30. Appendix
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