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Cardiac Monitoring Market Emerging Trend, Advancement, Growth and Business Opportunities 2030

09-26-2023 02:30 PM CET | Health & Medicine

Press release from: P&S Intelligence

Cardiac Monitoring Market Emerging Trend, Advancement, Growth

The cardiac monitoring market will propel at an 8.2% compound annual growth rate, to touch USD 16,124 million, by 2030.

The growth of the industry can be attributed to the increasing incidence of heart illnesses, advancement in cardiac monitoring equipment technologies, to lessen the infection risk; boosted efficiency of devices; and the mounting elderly population, which is more vulnerable to coronary heart illness.

Download sample copy of this report: https://www.psmarketresearch.com/market-analysis/cardiac-monitoring-market/report-sample

Moreover, according to the WHO, cardiovascular illnesses are the major causes of death across the globe, with 17.9 million mortality each year. Additionally, due to the mounting prevalence of cardiovascular diseases, government agencies in several nations have eased the commands for the authorization of products for cardiac monitoring.

The hospitals category, based on end user, accounted for the dominating share in the industry, in the past few years, and it will advance at a 7.8% CAGR, in the years to come. This is because of the increasing incidence of cardiovascular diseases, surging count of cardiac device implantation procedures, easy obtainability of reimbursement for these processes, and increasing count of patient visits to hospitals.

North America is likely to propel at an 8.7% compound annual growth rate in the years to come. This is mainly attributed to the surging incidence of cardiovascular diseases, increasing disposable income, rising healthcare expenses, the obtainability of technologically enhanced devices, and growing consciousness of healthcare.

Browse full report at: https://www.psmarketresearch.com/market-analysis/cardiac-monitoring-market

It is because of the surging acceptance of digital health services, increasing incidence of cardiovascular diseases, and advancement in the technologies of cardiac monitoring equipment, the cardiac monitoring industry will continue to advance in the years to come.

Market Size Breakdown by Segment

By Product
• Resting ECG
• Stress ECG
• MCT
• Holter Monitoring
• ICM Monitoring
• Cardiac Event Monitoring
• Cardiac Output Monitoring
By Mode
• Standard
• Ambulatory
By End User
• Hospitals
• Specialty Cardiac Centers & Clinics
• Diagnostic Centers
• Others

Contact:
Chandra Mohan
AVP - Business Development
Phone: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
Blog: https://www.psmarketresearch.com/blogs

About P&S Intelligence

P&S Intelligence offers custom and syndicated market research and consulting services to clients across the globe. Our team of young and dynamic researchers, guided by mentors with years of experience, create data-rich reports tailored to the needs of MNCs as well as startups and SMEs. We remain in a perennial quest to offer exhaustive insights into every aspect of the market, allowing businesses of all sizes to seize even the smallest of opportunities and tackle even the biggest of challenges.

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