openPR Logo
Press release

Cardiovascular Monitoring and Diagnostic Devices Market to Grow due to Rising Incidence of Cardiovascular Diseases

05-13-2016 04:37 PM CET | Health & Medicine

Press release from: Transparency Market Research

Cardiovascular Monitoring and Diagnostic Devices Market

A new Transparency Market Research report states that the global cardiovascular monitoring and diagnostic devices market stood at US$3.7 billion in 2012 and is predicted to reach a value of approximately US$7.0 billion in 2019, expanding at a CAGR of 9.7% between 2013 and 2019. The title of the report is “Cardiovascular Monitoring and Diagnostic Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”.There are a large number of people being diagnosed with periphery artery diseases, coronary artery diseases, congenital heart diseases, and pulmonary conditions. Hence, the requirement for preventive healthcare is on the rise in countries with high incidence of these disorders.

Read More:

Patient care has become a complex affair with a growing number of chronic diseases and their high prevalence in all parts of the world. For instance, the World Health Organization (WHO) states that by 2030 cardiovascular diseases will be the leading cause of deaths across the world. This shocking statistic has urged a large number of healthcare providers to offer solutions that are easily accessible and are affordable to the majority of consumers. Companies such as GE Healthcare, Boston Scientific Corporation, Philips Healthcare, Nihon Kohden Corporation, Siemens Healthcare, St. Jude Medical, Inc., and Welch Allyn, Inc. are all working towards devising simple solutions for the complicated matters of the heart.

New Devices to Offer Preventive Measure to Users
A recent research published by the European Society of Cardiology shows that introduction of next-generation smartwatches and devices, along with technological advancements, are bringing heart rate monitoring technology to the fingertips of a wide and growing consumer base. These devices come with an impressive ability to identify and diagnose arrhythmias including atrial fibrillation. With features such as connectivity, portability, and activity tracking, these devices are offering the best possible alternatives to non-invasive arrhythmia detection. These devices are expected to challenge the growth trajectory of the conventional cardiovascular monitoring and diagnostic devices market and revolutionize disease management for many users. They will also play a pivotal role in offering preventive measures to the users.

Prevalence of Unhealthy Habits Triggers Market Growth
Some of the key growth factors boosting the global cardiovascular monitoring and diagnostic devices market are drastically changing lifestyle habits, lack of physical activity or exercise, increasing number of smokers, and consumption of unhealthy diets. The other factors contributing towards the high prevalence of cardiovascular diseases are obesity, hypertension, and diabetes. The need for preventive healthcare is expected to propel this market at a CAGR of 9.7% between 2013 and 2019. Owing to these reasons, the global cardiovascular monitoring and diagnostic devices market is expected to reach US$7.0 bn in 2019 from US$3.7 bn in 2012.

The global cardiovascular monitoring and diagnostic devices market is segmented on the basis of product and geography. The products available in this market are ECG systems for monitoring stress ECG and resting ECG along with event monitors, cardiovascular diagnostics catheters, implantable loop recorders, holter monitors, and ECG management systems. Geographically, this market is segmented into Asia Pacific, North America, Europe, and Rest of the World.

Request A Sample Of This Report:

Asia Pacific Cardiovascular Monitoring and Diagnostic Devices Market Shows Promise
North America holds the largest share in the market due to increasing patient awareness and the presence of state-of-the-art healthcare infrastructure supplementing it. However, Asia Pacific is expected to grow at a remarkable growth rate in the coming years due to increasing healthcare needs, rising expenditure on healthcare, and a growing patient population.

Of all the product segments of the global cardiovascular, ECG systems held the largest share in the market due to an increasing consumer base preferring them owing to the convenience they offer. This growth is also being supplemented by the rising affordability of ECG systems. Analysts predict that implantable loop recorders will also show a good growth rate in the coming few years.

About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact us:
Mr. Sudip S
Transparency Market Research
90 State Street,
Suite 700,
NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free 866-552-3453

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Cardiovascular Monitoring and Diagnostic Devices Market to Grow due to Rising Incidence of Cardiovascular Diseases here

News-ID: 341005 • Views: 337

More Releases from Transparency Market Research

Packaged Vegan Foods Market Size, Review, Key Findings, Growth Strategy, Develop …
Consumers focusing on cutting down the animal based dairy products have started preferring packaged vegan food. Packaged vegan food are prepared without the use of any animal based ingredients resulting in low fat and cholesterol. Increasing number of people are now a days turning vegan because of their love and compassion toward animals and the environment. Obtain Report Details @ One of the major driving factor of packaged vegan food is
Hot Sauce industry Insights By Size , Status, Trends, Developments, Opportunitie …
The hot sauce market has witnessed immense growth pace across a number of other regional markets as well, where Asian cuisine is rapidly becoming the choice of youngsters. It is estimated that the market will continue to thrive in the near future and witness surging demand as new uses of hot sauce in native culinary styles of a number of countries are invented and adopted. The global market for hot sauce
Growth Opportunities in the Processed Fish Industry - Development, Trends, Key D …
Fish is one of the delicate food which demands proper handling for a long shelf life so that it do not lose its nutritional value and desired quality, the primary concern from which fish is to be protected is the deterioration issue. Many contributors are involved in fish processing such as fishermen, fish sourcing suppliers, seafood processors, manufacturers, logistics and distribution, marketing & sales, and end-use industries or consumers. Hence
Tea Tea Based Beverages Industry Size- Global Overview, Growth, Size, Opportunit …
The global tea and tea-based beverages market is anticipated to register a relatively higher compound annual growth rate of 4.9% in terms of revenue during the time frame of the forecast period, due to various market dynamics, regarding which, TMR offers detailed insights. Transparency Market Research provides key detailed insights into the global tea and tea-based beverages market, in its upcoming market outlook titled, 'Tea and Tea-Based Beverages Market: Global

All 5 Releases

More Releases for Devices

Anesthesia Monitoring Devices Market
Anesthesia Monitoring Devices Market was valued at USD 1035 Million in 2016 and is expected to reach USD 3272 Million by 2026, at a CAGR of 12.2%.(Detailed analysis of the market CAGR is provided in the report)Anesthesia Monitoring Devices MarketThe use of anesthesia monitoring device is to monitor a patient’s response towards anesthetic drugs during a surgery procedure. The Market for anesthesia monitoring devices primarily depends on increasing life expectancy
Digital Microfluidic Devices Market
This report studies the Digital Microfluidic Devices Market status and outlook of global and major regions, from angles of players, regions, product and end Application/industries; this report analyzes the top players in global and major regions. This report presents the worldwide Digital Microfluidic Devices market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market
Global Electrosurgical Devices Market
According to a new report Global Electrosurgical Devices Market (2016-2022), published by KBV Research, the global Electrosurgical Devices market is expected to attain a market size of $5.3billion by 2022, growing at a CAGR of 6.2% during the forecast period. The Electrosurgical Instruments market dominated the Global Electrosurgical Devices Market by Product in 2015, and would continue to be a dominant market till 2022. The Argon & Smoke Management Systems market
Aesthetic Devices-Medical Devices Pipeline Assessment 2017 published “Aesthetic Devices-Medical Devices Pipeline Assessment 2017” from its database. The report reviews top companies involved and enlists all trials pertaining to the company. Report provides latest news for the past three months. Original Content: Publisher's Medical Devices sector report, "Aesthetic Devices-Medical Devices Pipeline Assessment, 2017" provides an overview of Aesthetic Devices currently in pipeline stage. The report provides comprehensive information on the pipeline products with comparative analysis of the products at
Neurorehabilitation Devices Industry Drivers
Neurorehabilitation Devices Market: Snapshot The market for neurorehabilitation devices holds a lot of potential, analysts have found. Already well-established markets in North America and Europe, coupled with immense growth opportunities in the emerging economies of Asia Pacific and Latin America indicate the favorable pace at which the global neurorehabilitation devices market is likely to grow over the coming years. The introduction of wearable technology and robotics has been having a tremendous
Viscosupplementation Devices – Medical Devices Pipeline Assessment, 2017
ReportBazzar has released its latest research-based report entitled ‘Viscosupplementation’ market. This report provides a holistic approach to the market growth with a detailed and precise analysis of the overall competitive scenario of the Viscosupplementation market. The report also provides a detailed analysis of key trends and latest technologies, playing a prominent role in the Viscosupplementation market growth. It takes into account aspects such as drivers, restraints, challenges, and opportunities that impact