Market Overview:
The global cardiac monitoring product market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of cardiovascular diseases, technological advancements in cardiac monitoring products, and rising demand for home-based cardiac monitoring products. The global cardiac monitoring product market is segmented by type into mobile cardiac telemetry, event monitoring, holter monitoring, extendede holter Monitoring and others. The mobile cardiac telemetry segment is expected to grow at the highest CAGR during the forecast period owing to its growing popularity among patients and healthcare providers. By application, the hospital segment dominates the global market followed by clinics.Geographically , North America dominates thenmarket followedby Europeand Asia Pacific .
Product Definition:
A cardiac monitoring product is a device used to measure and monitor the heart rate and rhythm. This type of device can be used in a hospital setting or at home. The importance of cardiac monitoring products is that they provide doctors with important information about the patient's heart health. This information can help doctors make decisions about treatment plans and diagnose any potential problems.
Mobile Cardiac Telemetry:
Mobile cardiac telemetry is a system that enables real-time monitoring of the patient’s heart through the wireless transmission of data. The mobile cardiac telemetry device works on radio frequency (RF) waves to monitor and detect any arrhythmia or heart abnormalities in patients. It also helps in providing immediate medical assistance to the patient by transmitting EKG images and data to healthcare professionals, thereby enabling them make an informed decision regarding treatment options.
Event Monitoring:
An event monitor is a device used to record the occurrence of cardiac events. It is an essential tool in cardiovascular monitoring as it helps in detecting heartbeats and determining the rate at which the heart is pumping blood. The most common types of monitors used for this purpose are electrocardiographs or EKGs, which display electrical activity of the heart and pulse oximeters that measure oxygen level in arterial blood.
Application Insights:
The hospital segment dominated the global market in 2017. The hospital-based ECM is a preferred method of monitoring as it provides accurate diagnosis and enables effective treatment. Hospital-based ECM systems are used for initial diagnostic evaluation of patients with suspected heart disorders, and to ensure safe and continuous cardiopulmonary resuscitation (CPR) during emergency room visits or cardiac arrest situations. These devices help reduce anxiety by providing real-time information on a patient¢â‚¬â„¢s condition at the site of care, thereby enabling better decisions regarding patient management.
ECM technology has also been introduced in clinics & hospitals to enable remote monitoring for chronic conditions such as atrial fibrillation or flutter, which require long term follow up appointments with physicians for regular checkups and medication adjustment schedules.
Regional Analysis:
North America dominated the global market in 2017. The growth can be attributed to various factors such as favorable government initiatives, technological advancements, and high healthcare expenditure in the region. Moreover, increasing demand for advanced cardiac monitoring systems due to growing prevalence of cardiac disorders is expected to drive the market over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising disposable income and improving healthcare infrastructure in emerging countries such as India and China. In addition, increasing awareness about early diagnosis of heart diseases coupled with rapidly developing economy will support regional market growth during the estimated time span.
Growth Factors:
- Increasing incidence of cardiovascular diseases (CVDs)
- Growing geriatric population
- Rising awareness about heart health and cardiac monitoring products
- Technological advancements in cardiac monitoring products
- Government initiatives to promote heart health
Scope Of The Report
Report Attributes
Report Details
Report Title
Cardiac Monitoring Product Market Research Report
By Type
Mobile Cardiac Telemetry, Event Monitoring, Holter Monitoring, Extendede Holter Monitoring, Others
By Application
Hospital, Clinic, Others
By Companies
Biotelemetry, Lifewatch, Philips Healthcare, GE Healthcare, Contec Medical Systems, Medtronic, Nihon Kohden Corporation, Omron Healthcare, Biotelemetry
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
131
Number of Tables & Figures
92
Customization Available
Yes, the report can be customized as per your need.
Global Cardiac Monitoring Product Market Report Segments:
The global Cardiac Monitoring Product market is segmented on the basis of:
Types
Mobile Cardiac Telemetry, Event Monitoring, Holter Monitoring, Extendede Holter Monitoring, Others
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
Hospital, Clinic, Others
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:
- Biotelemetry
- Lifewatch
- Philips Healthcare
- GE Healthcare
- Contec Medical Systems
- Medtronic
- Nihon Kohden Corporation
- Omron Healthcare
- Biotelemetry
Highlights of The Cardiac Monitoring Product 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:
- Mobile Cardiac Telemetry
- Event Monitoring
- Holter Monitoring
- Extendede Holter Monitoring
- Others
- By Application:
- Hospital
- Clinic
- Others
- 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 Product 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
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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 product is a medical device that is used to measure the heart rate, rhythm, and blood pressure of a patient.
Some of the major companies in the cardiac monitoring product market are Biotelemetry, Lifewatch, Philips Healthcare, GE Healthcare, Contec Medical Systems, Medtronic, Nihon Kohden Corporation, Omron Healthcare, Biotelemetry.
The cardiac monitoring product market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cardiac Monitoring Product 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 Product Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cardiac Monitoring Product 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 Product 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 Product Market Size & Forecast, 2020-2028
4.5.1 Cardiac Monitoring Product Market Size and Y-o-Y Growth
4.5.2 Cardiac Monitoring Product 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 Mobile Cardiac Telemetry
5.2.2 Event Monitoring
5.2.3 Holter Monitoring
5.2.4 Extendede Holter Monitoring
5.2.5 Others
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 Hospital
6.2.2 Clinic
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cardiac Monitoring Product 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 Product 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 Mobile Cardiac Telemetry
9.6.2 Event Monitoring
9.6.3 Holter Monitoring
9.6.4 Extendede Holter Monitoring
9.6.5 Others
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 Hospital
9.10.2 Clinic
9.10.3 Others
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 Mobile Cardiac Telemetry
10.6.2 Event Monitoring
10.6.3 Holter Monitoring
10.6.4 Extendede Holter Monitoring
10.6.5 Others
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 Hospital
10.10.2 Clinic
10.10.3 Others
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 Mobile Cardiac Telemetry
11.6.2 Event Monitoring
11.6.3 Holter Monitoring
11.6.4 Extendede Holter Monitoring
11.6.5 Others
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 Hospital
11.10.2 Clinic
11.10.3 Others
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 Mobile Cardiac Telemetry
12.6.2 Event Monitoring
12.6.3 Holter Monitoring
12.6.4 Extendede Holter Monitoring
12.6.5 Others
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 Hospital
12.10.2 Clinic
12.10.3 Others
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 Mobile Cardiac Telemetry
13.6.2 Event Monitoring
13.6.3 Holter Monitoring
13.6.4 Extendede Holter Monitoring
13.6.5 Others
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 Hospital
13.10.2 Clinic
13.10.3 Others
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 Product Market: Competitive Dashboard
14.2 Global Cardiac Monitoring Product Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Biotelemetry
14.3.2 Lifewatch
14.3.3 Philips Healthcare
14.3.4 GE Healthcare
14.3.5 Contec Medical Systems
14.3.6 Medtronic
14.3.7 Nihon Kohden Corporation
14.3.8 Omron Healthcare
14.3.9 Biotelemetry
