Cardiac Monitoring Product Market 2023 | Worldwide Industry Gross Margin, Future Demand, Leading Player, Progression Status and Forecast till 2029 by Key Players | Biotelemetry , Lifewatch , Philips Healthcare , GE Healthcare

Latest Study on Industrial Growth of Cardiac Monitoring Product Market 2023-2029. A detailed study accumulated to offer Latest insights about acute features of the Cardiac Monitoring Product Market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis.

The global cardiac monitoring Product market size stood at $7,965.7 million in 2022, which is expected to reach $16,124.0 million by 2029, at a CAGR of 8.2% during 2023-2029.

Key Players in This Report Include:

Biotelemetry, Lifewatch, Philips Healthcare, GE Healthcare, Contec Medical Systems, Medtronic, Nihon Kohden Corporation, Omron Healthcare

Industry News:

In December 2021, GE Healthcare and Minerva Imaging announced a strategic partnership to bring targeted radionuclide therapies (Theranostics) faster to the market. Radionuclide therapy is a form of precision medicine where a radioactive substance is administered through the bloodstream to target cancer cells and irradiate them precisely.

In December 2021, GE announced that it completed its acquisition of BK Medical, a leader in advanced surgical visualization, from Altaris Capital Partners, LLC. The companies entered into a definitive agreement for GE to purchase BK Medical for a cash purchase price of $1.45 billion on September 22, 2021.

Medtronic has acquired 61 companies, including 11 in the last 5 years. A total of 15 acquisitions came from private equity firms. It has also divested 4 assets.Medtronic's largest acquisition to date was in 2014, when it acquired Covidien for $42.9B. It's largest disclosed sale occurred in 2017, when it sold Medtronic - Patient Care Deep Vein Thrombosis & Nutritional Insufficiency Businesses to Cardinal Health for $6.1B. Medtronic has acquired in 14 different US states, and 8 countries. The Company's most targeted sectors include medical products (88%) and healthcare services (7%).

Philips has acquired 37 companies, including 7 in the last 5 years. A total of 14 acquisitions came from private equity firms. It has also divested 14 assets.Philips' largest acquisition to date was in 2007, when it acquired Respironics for $5.1B. It's largest disclosed sale occurred in 2021, when it sold Koninklijke Philips - Domestic Appliances Business to Hillhouse Capital Management for $3.7B. Philips has acquired in 12 different US states, and 10 countries. The Company's most targeted sectors include medical products (40%) and electrical equipment (10%).

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The Cardiac Monitoring Product market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analysed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.

The Cardiac Monitoring Product Market segments and Market Data Break Down are illuminated below

By Type:

Mobile Cardiac Telemetry

Event Monitoring

Holter Monitoring

Extendede Holter Monitoring

Others

By Application:

Hospital

Clinic

Others

Global Cardiac Monitoring Product market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to help the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.

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Following are the various regions covered by the Cardiac Monitoring Product Market research report:

North America (the U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Russia, Spain, and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, and Rest of APAC), South America (Brazil, Argentina, Columbia and Rest of Latin America), Middle East & Africa (Saudi Arabia, South Africa, Turkey, Nigeria, UAE and Rest of MEA)

North America is Expected to Dominate the Cardiac Monitoring Market Over the Forecast Period

North America is expected to dominate the market owing to factors such as the rising incidence of cardiovascular diseases, growing geriatric population, the strong presence of industry players in the region, better healthcare infrastructure, awareness among people and healthcare industry stakeholders about available technologies, and the high concentration of market players in the United States.

The Centers for Disease Control and Prevention (CDC)'s article titled "Heart Disease Facts" published in September 2020, stated that every year about 805,000 Americans have a heart attack. With the increasing burden of heart disease, there is a need for the proper treatment and monitoring of cardiac diseases and hence are expected to show growth over the forecast period. Furthermore, continuous advancements in the technology, growing awareness in patients about cardiac monitoring, well-established healthcare infrastructure, and favorable reimbursement policies are expected to boost the cardiac monitoring market in the North America region. For instance, in July 2021 Abbott launched Jot Dx, the insertable cardiac monitor (ICM) in United States. This technology allows for remote detection and improved diagnostic accuracy of cardiac arrhythmias in patients.

Objectives of the Report

To carefully analyses and forecast the size of the market by value and volume.
To estimate the market shares of major segments of the Cardiac Monitoring Product
To showcase the development of the Cardiac Monitoring Product market in different parts of the world.
To analyze and study micro-markets in terms of their contributions to the Cardiac Monitoring Product market, their prospects, and individual growth trends.
To offer precise and useful details about factors affecting the growth of the Cardiac Monitoring Product
To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Cardiac Monitoring Product market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

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Key Points Covered in Market Report:

-Market Overview, Definition and Classification Market drivers and barriers

-Market Competition by Manufacturers

-Impact Analysis of COVID-19 on Market

-Market Capacity, Production, Revenue (Value) by region (2023-2029)

-Cardiac Monitoring Product Supply (Production), Consumption, Export, Import by Region (2023-2029)

- Cardiac Monitoring Product market Production, Revenue (Value), Price Trend by Type {Payment Gateway, Merchant Account, Subscription Management,}

-Cardiac Monitoring Product Manufacturers Profiles/Analysis & Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing

-Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry Road map and value chain Market Effect Factors Analysis.

Key questions answered
- How feasible is Cardiac Monitoring Product market for long-term investment?
- What are influencing factors driving the demand for Cardiac Monitoring Product near future?
- What is the impact analysis of various factors in the Global Cardiac Monitoring Product market growth?
- What are the recent trends in the regional Cardiac Monitoring Product market and how successful they are?

We offer customization on the Cardiac Monitoring Product market report based on specific client requirements:

20% free customization.
Five Countries can be added as per your choice.
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Thank you for your interest in the Cardiac Monitoring Product Market research publications; you can also get individual chapters or regional/country report versions such as Germany, France, China, Latin America, GCC, North America, Europe or Asia.

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