Cardiac Safety Services Market Poised for 11 % Growth, Set to Hit $1.75 Billion by 2029

"Which drivers are expected to have the greatest impact on the over the cardiac safety services market's growth?
The cardiac safety services market is projected to grow, driven by the rising incidence of cardiovascular diseases. These diseases comprise a variety of disorders impacting the heart and blood vessels, including peripheral arterial disease, cerebrovascular disease, coronary heart disease, among others. Cardiac safety services play crucial roles in monitoring heart health and safety, identifying factors leading to cardiovascular disease before it occurs. This allows for preventative measures to be taken, lowering the potential mortality risk. For example, a journal released by the University of Oxford's UK-based scholarly press, Oxford University Press, in March 2023 noted that over 200 million individuals suffered from peripheral artery diseases in 2020, with an estimated increase of about 50% projected by 2045. Additionally, British Heart Foundation, a UK-based research charity specializing in cardiovascular diseases, reported in September 2024 that nearly 7.6 million individuals in the UK are impacted by heart and circulatory diseases. This group includes about 4 million men and 3.6 million women. These conditions account for approximately 27% of all UK deaths, leading to over 170,000 fatalities each year, or about 480 per day, which means one person dies every three minutes. Consequently, the escalating incidence of cardiovascular diseases fuels the growth of the cardiac safety services market.

Get Your Cardiac Safety Services Market Report Here:
https://www.thebusinessresearchcompany.com/report/cardiac-safety-services-global-market-report

What is the future CAGR of the cardiac safety services market, and how will it impact industry expansion?
In recent times, the cardiac safety services market has experienced rapid expansion. The market value is projected to escalate from $1.06 billion in 2024 to $1.17 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 10.1%. This exponential growth during the historical period is attributed to factors such as enhanced drug development and clinical trials, regulatory compliance mandates, a surge in cardiovascular disorders, the worldwide expansion of clinical trials, and an increased emphasis on personalized medicine.

The market for cardiac safety services is projected to experience accelerated growth in the upcoming years, expanding to ""$1.75 billion in 2029 with a compound annual growth rate (CAGR) of 10.7%. The anticipated growth during the forecast period can be ascribed to factors such as remote patient monitoring, a tendency towards decentralized clinical trials, growth in orphan drug development, a rise in clinical trial outsourcing, and a regulatory focus on patient-centric methods. Key trends expected during this period include the incorporation of wearable technologies, enhancements in ECG technologies, decentralization of clinical trials, standardization and interoperability of data, telehealth, remote consultations, and approaches focused on the patient.

Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=10137&type=smp

What are the most significant trends transforming the cardiac safety services market today?
Product innovation is a key trend that is increasingly catching on in the cardiac safety services market. To consolidate their market positions, leading companies in this market are emphasizing on introducing new solutions. For instance, CATHI, a technological firm from Germany that specializes in endovascular simulation technologies, launched a new iteration of Right Heart Catheter (RHC) simulators, known as CATHIS RHC 2, in March 2022. This updated version encompasses all the features of the original RHC simulator from CATHI, supplemented with wire-assisted navigation and the capability to function with actual liquids (S-HUB), enabling thermodilution to be carried out.

Which key market segments comprise the cardiac safety services market and drive its revenue growth?
The cardiac safety services market covered in this report is segmented -

1) By Services: ECG Or Holter Measurements, Blood Pressure Measurements, In Vitro Cardiac Safety Assessment Services, Cardiovascular Imaging, Real-Time Telemetry Monitoring, Central Over-Read Of ECGS, Non-Invasive Cardiac Imaging, Physiologic Stress Testing, Thorough QT Studies, Other services
2) By Phase: Phase 1, Phase 2, Phase 3
3) By End User: Pharmaceutical And Biopharmaceutical Companies, Contract Research Organizations, Academic and Research Institute

Subsegments:
1) By ECG Or Holter Measurements: Standard ECG Monitoring, 24-Hour Holter Monitoring, Event Monitoring
2) By Blood Pressure Measurements: Continuous Blood Pressure Monitoring, Ambulatory Blood Pressure Monitoring, In-Hospital Blood Pressure Measurements
3) By In Vitro Cardiac Safety Assessment Services: Cardiomyocyte Toxicity Testing, Cardiac Ion Channel Testing, Mechanistic Studies
4) By Cardiovascular Imaging: Echocardiography, MRI Imaging, CT Angiography
5) By Real-Time Telemetry Monitoring: Remote Patient Monitoring, Continuous Telemetry Services
6) By Central Over-Read Of ECGs: ECG Interpretation Services, Quality Control And Reporting
7) By Non-Invasive Cardiac Imaging: Stress Testing, Nuclear Cardiology
8) By Physiologic Stress Testing: Exercise Stress Testing, Pharmacologic Stress Testing
9) By Thorough QT Studies: Clinical Trial Services, Safety Assessments For Drug Development
10) By Other Services: Cardiac Device Monitoring, Clinical Consultation Services

Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=10137

What regions are at the forefront of cardiac safety services market expansion?
North America was the largest region in the cardiac safety services market in 2024. The regions covered in the cardiac safety services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Who are the leading players fueling growth in the cardiac safety services market?
Major companies operating in the cardiac safety services market include Laboratory Corporation of America Holdings, Banook Group Limited, Pharmaceutical Product Development LLC, Biotrial S.A., Certara Inc., Celerion Inc., Medpace Holdings Inc., Ncardia AG, Richmond Pharmacology Limited, PhysioStim, SGS Société Générale de Surveillance SA, Koninklijke Philips N.V., Clario, NEXEL Co. Ltd., Eurofins Scientific SE, InBody USA Inc., Spaulding Clinical Research LLC, OMRON Healthcare Inc., ERT Inc., IQVIA Holdings Inc., Bioclinica Inc., ICON plc, BioTelemetry Inc., Medidata Solutions Inc., SYNEXUS Clinical Research, PPD Inc., Parexel International Corporation, Chiltern International Limited, ACI Clinical Inc., Biomedical Systems, High Point Clinical Trials Center, Maastricht University Medical Centre+, CCBR-SYNARC, Cytel Inc., CardioSecur Ltd., Medicalgorithmics S.A., Advarra Inc.

Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=10137&type=smp

What Is Covered In The Cardiac Safety Services Global Market Report?

• Market Size Forecast: Examine the cardiac safety services market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the cardiac safety services market for a structured understanding.
• Key Players Overview: Analyze major players in the cardiac safety services market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the cardiac safety services market.
• Segment Contributions: Evaluate how different segments drive overall growth in the cardiac safety services market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the cardiac safety services market.
• Industry Challenges: Identify potential risks and obstacles affecting the cardiac safety services market.
• Competitive Landscape: Review strategic developments in the cardiac safety services market, including expansions, agreements, and new product launches.

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ"

Learn More About The Business Research Company
The Business Research Company provides in-depth research and insights through a vast collection of 15,000+ reports spanning 27 industries and over 60 geographies. Backed by 1,500,000 datasets, extensive secondary research, and expert insights from industry leaders, we equip you with the knowledge needed to stay ahead in the market.

Our flagship offering, the Global Market Model, is a leading market intelligence platform that delivers comprehensive and up-to-date forecasts to support strategic decision-making.

This release was published on openPR.