Press release
Cardiac Safety Services Market Anticipated To Witness Robust Growth, Surpassing $1.75 Billion By 2029
The Cardiac Safety Services Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Current Cardiac Safety Services Market Size and Its Estimated Growth Rate?
The Cardiac Safety Services Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Current Cardiac Safety Services Market Size and Its Estimated Growth Rate?
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How Are Emerging Segments Shaping the Cardiac Safety Services Market Landscape?
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
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Which Growth Factors Are Influencing Cardiac Safety Services Market Expansion?
The cardiac safety services market is anticipated to expand due to a rise in cardiovascular disease prevalence. These diseases, including peripheral arterial disease, cerebrovascular disease, coronary heart disease amongst others, involve disorders affecting the heart and blood vessels. Cardiac safety services specialize in monitoring heart health and safety, identifying potential factors that can lead to heart disease before it happens, thereby enabling individuals to take proactive steps to avoid disease and reduce mortality. For example, data published by the Oxford University Press in March 2023 stated that more than 200 million individuals were affected by peripheral artery diseases in 2020 and that these numbers were projected to rise by roughly 50% by 2045. In addition, British Heart Foundation data from September 2024 indicated that about 7.6 million people in the UK, including 4 million men and 3.6 million women, live with heart and circulatory disorders. These diseases account for approximately 27% of all deaths in the UK, or over 170,000 deaths a year. This equates to around 480 deaths daily, or one death every three minutes. Hence, the growing occurrence of cardiovascular diseases is fueling the expansion of the cardiac safety services market.
Who Are the Dominant Players Across Different Cardiac Safety Services Market Segments?
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.
What Are the Latest Developing Trends in the Cardiac Safety Services Market?
One major trend that is becoming increasingly popular in the cardiac safety services market is product innovation. Leading companies in the market are striving to devise new solutions to solidify their stronghold. For example, in March 2022, CATHI, a tech-driven company from Germany specialising in endovascular simulation technologies, introduced CATHIS RHC 2, an advanced generation of Right Heart Catheter (RHC) simulators. The CATHIS RHC 2, an upgraded version, possesses all the functionalities of CATHI's original RHC simulator, with the additional advantages of wire-assisted navigation and the capability to use real liquids (S-HUB), thus making thermodilution possible.
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Which Geographic Regions Are Expected to Dominate the Cardiac Safety Services Market in the Coming Years?
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
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Cardiac Safety Services Market?
2. What is the CAGR expected in the Cardiac Safety Services Market?
3. What Are the Key Innovations Transforming the Cardiac Safety Services Industry?
4. Which Region Is Leading the Cardiac Safety Services Market?
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