Press release
Global Remote Cardiac Monitoring Market Size by value, volume, segments, Shares, Trends & Forecasts (2016-2020)
The report also includes a detailed regional analysis of the remote cardiac monitoring market of regions such as, US, Europe and Asia Pacific comprising of its market by value. Under competitive landscape, different players in the global remote cardiac monitoring market have been compared on the basis of their revenue and market capitalization.
The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the global remote cardiac monitoring market has also been forecasted for the period 2016-2020, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
The competition in the global remote cardiac monitoring market is stiff and dominated by the big players. Medtronic Plc, Boston Scientific Corporation and Life Watch AG are some of the key players operating in the global remote cardiac monitoring market, whose company profiling is done in the report. In this segment of the report, business overview, financial overview and the business strategies of the companies are provided.
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Regional Coverage
USA
Europe
Asia Pacific
Company Coverage
Medtronic Plc
Boston Scientific Corporation
LifeWatch AG
Executive Summary
Remote cardiac monitoring is the continuous monitoring of electrical activities of the heart, which takes place outside hospitals. The monitoring can also be done while the patient is doing the day to day activities. Devices like pacemakers and implantable cardioverter defibrillator is placed with the patient through minimally invasive procedures and the transmission of data takes place via a transmitter which works in sync with the device.
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The global remote cardiac monitoring market is expected to grow at a healthy rate during the forecast period (2016-2020). The growth is expected on account of many factors, such as an increase in cardiovascular diseases, increasing incidence of obesity, less cost of remote monitoring and rising ageing population.
However, the market also faces some challenges, which includes reimbursement issues and the risk of over treatment. Increasing health care expenditure, cardiomems heart failure monitoring system and telesense remote cardiac monitoring device are some of the latest trends in the remote cardiac monitoring market.
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