The Cardiac Monitoring & Cardiac Rhythm Management Devices Market Top Key Players like Medtronic, Abbott, Boston Scientific Corporation , GE Company, Koninklijke Philips N.V. Dominating the Market Forecast by 2024

The Cardiac Monitoring & Cardiac Rhythm Management Devices Market accounted to USD 23.22 billion in 2016 growing at a CAGR of 5.1% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Global Cardiac Monitoring & Cardiac Rhythm Management Devices Market By Type (Cardiac Monitoring {ECG, Implantable Loop Recorders, COM, Event Monitors}, CRM {Defibrillators, Pacemakers, Cardiac Resynchronization Therapy}, By End User (Ambulatory Centers, Home Care, Cardiac Centers, Hospitals, Clinics), By Geography – Industry Trends and Forecast to 2024

This report consists of below pages:
• No of pages : 350 • No of Figures: 60 • No of Tables:250

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Market Definition:

Cardiac monitoring is the process in which cardiac activity is examined and cardiac rhythm management is required to manage the rhythm disorders of the heart. The devices used in the treatment of serious cardiac disorders, including heart failure, atrial fibrillation, atrial flutter, indications of recent heart attack, coronary ischemia, lack of oxygen supply to cardiac muscles, effects of drugs, and certain genetic errors among others. Rise in the incidences of cardiovascular disorders and favorable government regulation and technological advancements are the vital drivers for this market.

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Major Market Drivers and Restraints:

• Increasing prevalence of cardiovascular diseases.
• Technological advancements of cardiovascular devices.
• Increasing demand of private institutional nursing and home-based setting devices.
• Stringent government regulations
• Scarcity of skilled professionals with expertise in electrocardiography and cardiac monitoring.

Competitive Analysis :

The cardiac monitoring & cardiac rhythm management devices market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Cardiac Monitoring & Cardiac Rhythm Management Devices Market for global, Europe, North America, Asia Pacific and South America.

Top Players :

Some of the major players operating in cardiac monitoring & cardiac rhythm management devices market are:-

Medtronic, Abbott, Boston Scientific Corporation , GE Company, Koninklijke Philips N.V., Biotronik SE & Co., KG, Mortara Instrument, Schiller, ABIOMED, Hill-Rom, NIHON KOHDEN CORPORATION, ReliantHeart Inc., Siemens AG, 3M, Berlin Heart GmbH, Jarvik Heart, Inc., Stryker, Asahi Kasei Corporation, LivaNova PLC, A BioTelemetry, Inc. Company, OSI Systems, Inc., Midmark Corp., ZOLL Medical Corporation, LifeWatch, Edwards Lifesciences Corporation and Getimge AB among others.

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Market Segmentation:

The cardiac monitoring & cardiac rhythm management devices market is segmented on the basis of product type into cardiac monitoring and cardiac rhythm management (CRM). The cardiac monitoring segment is sub-segmented into ECG devices, implantable loop recorders, cardiac output monitoring (COM) devices, event monitors and cardiac rhythm monitoring into defibrillators, pacemakers, cardiac resynchronization therapy devices.
On the basis of type:- which includes defibrillators, pacemakers and cardiac resynchronization therapy devices.

The defibrillators are further segmented into implantable cardioverter defibrillators and external defibrillators. Implantable cardioverter defibrillators are further sub-segmented into transvenous implantable cardioverter defibrillator, dual-chamber ICDs and single-chamber ICDs. External defibrillators are further sub-segmented into manual external defibrillators, automated external defibrillators and wearable cardioverter defibrillator. Automated external defibrillators are further sub segmented into semi-automated external defibrillator and fully automated external defibrillator. Pacemakers are further segmented on the basis of implantability, technology and type. On the basis of implantability, pacemakers are segmented into implantable pacemakers and external pacemakers.

By technology:- pacemakers are segmented into dual-chamber pacemakers and single-chamber pacemakers. By Type the pacemakers are further sub segmented into traditional pacemakers and remote pacemakers. Cardiac Resynchronization Therapy Devices are further sub segmented into cardiac resynchronization therapy defibrillators and cardiac resynchronization therapy pacemakers.

By End User the market:- is segmented into ambulatory care centers, home care settings, cardiac surgery centers, hospitals, clinics.

On the basis of geography:- cardiac monitoring & cardiac rhythm management devices market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

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