Market Overview:
The global cardiac monitoring and cardiac rhythm market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of cardiovascular diseases, technological advancements in cardiac monitoring devices, and rising demand for home-based cardiac monitoring devices. The global cardiac monitoring and cardiac rhythm market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into stress ECG devices, resting ECG devices, ECG holter monitors,. On the basis of application,,the market is segmented into hospitals,,home-based care,,and ambulatory care,.On the basis of region,,the market is divided into North America.,Latin America.,Europe.,Asia Pacific.,and Middle East & Africa.
Product Definition:
Cardiac monitoring is the process of continuously recording the electrical activity of the heart. Cardiac rhythm is the term used to describe this electrical activity. The importance of cardiac monitoring and cardiac rhythm is that they can provide information about how well your heart is functioning. This information can be used to help diagnose and treat problems with your heart.
Stress ECG devices:
Stress ECG devices, it's usage.
The global stress electrocardiogram market size was valued at USD o.6 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period. The rising prevalence of cardiovascular diseases due to unhealthy lifestyle coupled with increasing geriatric population base is anticipated to drive growth during the forecast period.
Resting ECG devices:
Rising prevalence of cardiovascular diseases and increasing awareness about the importance of early diagnosis are factors driving the growth of global cardiac monitoring devices market. Furthermore, technological advancements in ECG device such as integration with other medical devices, portability & connectivity to smartphones & cloud storage platforms and rising usage by cardiology practitioners for better patient outcomes are expected to drive this market during the forecast period.
Application Insights:
The hospital segment dominated the global market in 2017 and is expected to maintain its dominance over the forecast period. The hospital segment includes a combination of outpatient clinics and hospitals. Outpatient clinics are convenient locations for patients who have been diagnosed with a cardiac arrhythmia or any other heart related disease to avail treatment from top notch healthcare professionals without having to travel all the way to an emergency room or intensive care unit at a medical facility. These facilities offer ECG monitoring services round the clock, which enables healthcare providers make accurate diagnoses as well as appropriate treatment recommendations for each patient suffering from any type of cardiac disorder.
Hospitals are also equipped with advanced technology that helps detect even minor changes in heart rate through continuous monitoring, which further assists physicians in providing better diagnosis and precise treatments during emergencies or when there is risk of life-threatening complications due to undetected arrhythmia disorders.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-established healthcare infrastructure and favorable government initiatives are some of the major factors responsible for its growth. For instance, in 2014, the Affordable Care Act required all health insurance providers to cover cardiac screening tests for people who have had a previous heart attack or stroke within the past year. This provision is expected to increase awareness regarding CVDs and encourage early diagnosis, which is also likely to drive this regional market over the forecast period.
Asia Pacific is anticipated to be one of fastest-growing regions during the forecast period owing to increasing geriatric population base with greater risk of developing CVDs coupled with rising disposable income among individuals especially in China and India as compared to other countries such as Japan.
Growth Factors:
- Increasing incidence of cardiovascular diseases (CVDs)
- Growing geriatric population
- Rising awareness about heart health and cardiac rhythm disorders
- Technological advancements in cardiac monitoring and cardiac rhythm management devices
- Increasing demand for minimally invasive procedures
Scope Of The Report
Report Attributes
Report Details
Report Title
Cardiac Monitoring & Cardiac Rhythm Market Research Report
By Type
Stress ECG devices, Resting ECG devices, ECG Holter monitors
By Application
Hospitals, Home and Ambulatory Care, Other
By Companies
Abiomed, Berlin Heart, Biotronik, Boston Scientific, Cardiac Science Corporation, GE Healthcare, Jarvik Heart, Koninklijke Philips, Livanova, Medtronic, Mortara Instrument, Nihon Kohden Corporation, Philips Healthcare, Reliantheart, Schiller, Abbott
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Cardiac Monitoring & Cardiac Rhythm Market Report Segments:
The global Cardiac Monitoring & Cardiac Rhythm market is segmented on the basis of:
Types
Stress ECG devices, Resting ECG devices, ECG Holter monitors
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Home and Ambulatory Care, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Abiomed
- Berlin Heart
- Biotronik
- Boston Scientific
- Cardiac Science Corporation
- GE Healthcare
- Jarvik Heart
- Koninklijke Philips
- Livanova
- Medtronic
- Mortara Instrument
- Nihon Kohden Corporation
- Philips Healthcare
- Reliantheart
- Schiller
- Abbott
Highlights of The Cardiac Monitoring & Cardiac Rhythm Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Stress ECG devices
- Resting ECG devices
- ECG Holter monitors
- By Application:
- Hospitals
- Home and Ambulatory Care
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cardiac Monitoring & Cardiac Rhythm Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cardiac monitoring is a medical procedure that uses technology to measure the heart's activity and rhythm. Cardiac rhythm refers to the regular, predictable pattern of the heart's beats.
Some of the major companies in the cardiac monitoring & cardiac rhythm market are Abiomed, Berlin Heart, Biotronik, Boston Scientific, Cardiac Science Corporation, GE Healthcare, Jarvik Heart, Koninklijke Philips, Livanova, Medtronic, Mortara Instrument, Nihon Kohden Corporation, Philips Healthcare, Reliantheart, Schiller, Abbott.
The cardiac monitoring & cardiac rhythm market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cardiac Monitoring & Cardiac Rhythm Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cardiac Monitoring & Cardiac Rhythm Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cardiac Monitoring & Cardiac Rhythm Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cardiac Monitoring & Cardiac Rhythm Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cardiac Monitoring & Cardiac Rhythm Market Size & Forecast, 2020-2028
4.5.1 Cardiac Monitoring & Cardiac Rhythm Market Size and Y-o-Y Growth
4.5.2 Cardiac Monitoring & Cardiac Rhythm Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Stress ECG devices
5.2.2 Resting ECG devices
5.2.3 ECG Holter monitors
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Home and Ambulatory Care
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cardiac Monitoring & Cardiac Rhythm Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cardiac Monitoring & Cardiac Rhythm Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Stress ECG devices
9.6.2 Resting ECG devices
9.6.3 ECG Holter monitors
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Home and Ambulatory Care
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Stress ECG devices
10.6.2 Resting ECG devices
10.6.3 ECG Holter monitors
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Home and Ambulatory Care
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Stress ECG devices
11.6.2 Resting ECG devices
11.6.3 ECG Holter monitors
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Home and Ambulatory Care
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Stress ECG devices
12.6.2 Resting ECG devices
12.6.3 ECG Holter monitors
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Home and Ambulatory Care
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Stress ECG devices
13.6.2 Resting ECG devices
13.6.3 ECG Holter monitors
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Home and Ambulatory Care
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cardiac Monitoring & Cardiac Rhythm Market: Competitive Dashboard
14.2 Global Cardiac Monitoring & Cardiac Rhythm Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Abiomed
14.3.2 Berlin Heart
14.3.3 Biotronik
14.3.4 Boston Scientific
14.3.5 Cardiac Science Corporation
14.3.6 GE Healthcare
14.3.7 Jarvik Heart
14.3.8 Koninklijke Philips
14.3.9 Livanova
14.3.10 Medtronic
14.3.11 Mortara Instrument
14.3.12 Nihon Kohden Corporation
14.3.13 Philips Healthcare
14.3.14 Reliantheart
14.3.15 Schiller
14.3.16 Abbott
