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Cardiovascular Monitoring And Diagnostic Devices And Equipment Global Market Report 2024: Key Players, Demand Patterns And Forecasts 2033 | Medtronic PLC, Boston Scientific Corporation, GE Healthcare, Johnson & Johnson, Philips Healthcare, Siemens Healthc

Cardiovascular Monitoring And Diagnostic Devices And Equipment  Market

Cardiovascular Monitoring And Diagnostic Devices And Equipment Market

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company offers in-depth market insights through Cardiovascular Monitoring And Diagnostic Devices And Equipment Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The cardiovascular monitoring and diagnostic devices and equipment market size has grown rapidly in recent years. It will grow from $3.59 billion in 2023 to $4.01 billion in 2024 at a compound annual growth rate (CAGR) of 11.4%. The growth in the historic period can be attributed to cardiovascular disease prevalence, aging population, preventive healthcare, telemedicine integration.

The cardiovascular monitoring and diagnostic devices and equipment market size is expected to see strong growth in the next few years. It will grow to $5.77 billion in 2028 at a compound annual growth rate (CAGR) of 9.5%. The growth in the forecast period can be attributed to personalized medicine, digital health, chronic disease management, remote patient monitoring. Major trends in the forecast period include wearable and mobile monitoring, ai-enhanced diagnostics, point-of-care testing, remote cardiac rehabilitation.

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Market Segmentation:
The main product types of cardiovascular monitoring and diagnostic devices and equipment are cardiopulmonary stress testing systems, ECG data management systems, ECG monitoring equipment, ECG stress testing systems, event monitoring systems, and Holter monitoring systems. ECG monitoring equipment is an electronic device that is used to record the electrical activity of the heart. The various types involved are heart disease and coronary heart disease. The various end-users involved are hospitals or physician clinics (continuous glucose monitors), home or emergency, and research and development (clinical trials, universities, CRO).

Major Driver - Robust Healthcare Infrastructure Catalyzes Growth In The Cardiovascular Monitoring And Diagnostic Devices Market
Enhanced healthcare infrastructure is expected to propel the growth of the cardiovascular monitoring and diagnostic devices and equipment market going forward. Healthcare infrastructure refers to the physical facilities, individuals, buildings, and systems required to deliver healthcare services to meet the health needs of target populations. Healthcare infrastructure is essential for the development, implementation, and effective use of cardiovascular monitoring and diagnostic devices and equipment. It provides the necessary facilities, equipment, personnel, and policies to ensure access to safe, effective, and high-quality medical devices that prevent, diagnose, and treat cardiovascular diseases. For instance, according to the National Health Expenditure Account (NHEA), published by the Centers for Medicare and Medicaid Services, a US-based federal agency, U.S. healthcare spending grew 2.7% in 2021, reaching $4.3 trillion or $12,914 per person. As a share of the nation's Gross Domestic Product, health spending accounted for 18.3%. Thus, enhanced healthcare infrastructure is driving the growth of the cardiovascular monitoring and diagnostic devices and equipment market.

Competitive Landscape:
Major companies operating in the cardiovascular monitoring and diagnostic devices and equipment market include Medtronic PLC, Boston Scientific Corporation, GE Healthcare, Johnson & Johnson, Philips Healthcare, Siemens Healthcare, St. Jude MedicalInc, Nihon Kohden Corporation, Fukuda Denshi Co. Ltd., Sorin Group, Welch Allyn Inc., LivaNova PLC, Spacelabs Healthcare, Opto Circuits India Ltd., BPL Health Management Solutions, OSI Systems Inc., Hill-Rom Holdings Inc., Schiller AG, Abbott Cardiovascular, Accellent Inc., Aerotel medical systems Ltd., Asahi Kasei Corporation, Bioheart Inc., Biosensors international group Ltd, Cook group incorporated, Dräger Medical AG & Co. KGaA., Molecular devices LLC, Edwards Lifesciences Corp., Biotronik Inc., Koninklijke Philips N.V., Endotronix Inc., Smartcardia, Personal Safety Corporation, Ivy Biomedical Systems Inc., Cardio Diagnostics Holdings Inc., ECG Excellence BV, Aktiia SA, HD Medical, HeartFlow Inc., VPG Medical, BioTelemetry Inc., Preventice Solutions, Mortara Instrument Inc., Getemed Medizin-Und Informationstechnik Ag, LifeWatch Technologies Ltd., QRS Diagnostic

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Top Trend - Boston Scientific Unveils Innovative Lux-Dx Ii+ Icm System For Enhanced Cardiovascular Monitoring And Diagnosis
Major companies operating in the cardiovascular monitoring and diagnostic devices and equipment market are developing innovative products such as LUX-Dx II+ to better serve patients. The LUX-Dx II+ insertable cardiac monitor (ICM) system is a next-generation ICM system that provides physicians with a new option for diagnostic evaluation and long-term monitoring of people experiencing irregular heartbeats. For instance, in October 2023, Boston Scientific, a US-based manufacturing company launched LUX-Dx II+. The LUX-Dx II+ insertable cardiac monitor (ICM) system provides physicians with a new option for diagnostic evaluation and long-term monitoring of people experiencing irregular heartbeats. The system is designed with dual-stage algorithms, clear S-ECG signal quality, remote programming, wireless connectivity, a patient app, and a small size.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Cardiovascular Monitoring And Diagnostic Devices And Equipment Market Characteristics
3. Cardiovascular Monitoring And Diagnostic Devices And Equipment Market Trends And Strategies
4. Cardiovascular Monitoring And Diagnostic Devices And Equipment Market - Macro Economic Scenario
5. Cardiovascular Monitoring And Diagnostic Devices And Equipment Market Size And Growth
…..
27. Cardiovascular Monitoring And Diagnostic Devices And Equipment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.

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