Cardiac Safety Services Market Poised to Hit $1.75 Billion by 2029 with Accelerating Growth Trends

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Cardiac Safety Services Market Size Growth Forecast: What to Expect by 2025?
The market size for cardiac safety services has seen a speedy expansion in the recent past. The market is expected to surge from $1.06 billion in 2024 to $1.17 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 10.1%. The significant growth observed in the preceding years can be credited to factors such as the introduction of new drugs and clinical trials, fulfilled regulatory compliance needs, a rise in heart-related disorders, internationalization of clinical trials, and an emphasis on individualizing medical treatments.

How Will the Cardiac Safety Services Market Size Evolve and Grow by 2029?
The market size for cardiac safety services is projected to experience fast-paced expansion in the coming years, with an estimated value of "$1.75 billion by 2029, reflecting a compound annual growth rate (CAGR) of 10.7%. Several factors contribute to this growth during the forecast period including the implementation of remote patient monitoring, a shift towards decentralized clinical trials, an upsurge in orphan drug development, a rise in the outsourcing of clinical trials and a regulatory focus on patient-centric methods. Foreseen trends within the forecast period encompass the amalgamation of wearable technologies, advancements in ECG technologies, a decentralization of clinical trials, data standardization and interoperability, as well as telehealth, remote consultations and patient-focused methodologies.

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What Drivers Are Propelling the Growth of Cardiac Safety Services Market Forward?
The escalating incidence of cardiovascular ailments is anticipated to boost the expansion of the cardiac safety services market in the future. These diseases, including conditions like peripheral arterial disease, cerebrovascular disease, coronary heart disease, and others, impact the heart and blood vessels. The role of cardiac safety services is to monitor heart health and safety, identify contributing factors to these diseases before they occur, assist in taking preventative actions and limit the likelihood of death. For example, data from a journal published by Oxford University Press in March 2023 detailed how over 200 million individuals were impacted by peripheral artery diseases in 2020, with a projected increase of close to 50% by 2045. Moreover, data released by the British Heart Foundation in September 2024 revealed that approximately 7.6 million people in the UK suffer from heart and circulatory diseases, with around 4 million males and 3.6 million females affected by these conditions. These diseases account for nearly 27% of all deaths in the UK, equating to more than 170,000 deaths per year, or about 480 deaths each day, or one death every three minutes. Hence, the rising prevalence of such cardiovascular diseases is fueling the growth of the cardiac safety services market.

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Which Emerging Trends Are Transforming the Cardiac Safety Services Market in 2025?
The cardiac safety services market is increasingly seeing the trend of product innovation. To solidify their market presence, many leading firms in this sector are creating new solutions. A case in point is CATHI, an endovascular simulation technology company based in Germany, which in March 2022 introduced its new generation Right Heart Catheter (RHC) simulators, CATHIS RHC 2. This updated version includes all the features of the original RHC simulator from CATHI, but with added benefits including wire-assisted navigation and the ability to operate with actual liquids (S-HUB), thus enabling thermodilution.

What Are the Key Segments in the Cardiac Safety Services Market?
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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Who Are the Key Players Shaping the Cardiac Safety Services Market's Competitive Landscape?
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 Geographic Markets Are Powering Growth in the Cardiac Safety Services Market?
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

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