Cardiac Monitoring Devices Market Worth $25.12 Billion by 2022
According to the new market research report Cardiac Monitoring Devices Market worth USD 25.12 Billion by 2022
(EMAILWIRE.COM, May 04, 2019 ) According to the new market research report Cardiac Monitoring Devices Market worth USD 25.12 Billion by 2022. Factors such as the increasing incidence of cardiovascular diseases and technological advancements in devices are expected to propel the growth of the market. However, price sensitivity and limited reimbursements for remote cardiac monitoring devices are expected to restrain the growth of the CM & CRM devices market.
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The hospitals segment accounted for the largest share of the cardiac monitoring and cardiac rhythm management devices market in 2017
By end user, the cardiac monitoring and cardiac rhythm management devices market is classified into hospitals, home & ambulatory care settings, and other end users. In 2017, the hospitals segment accounted for the largest share of the market. The large share of this segment can primarily be attributed to the increasing use of these devices in hospitals, increasing burden of cardiovascular & coronary heart diseases, growing number of patient visits to physician offices for the principal diagnosis of CVD & CHD, and growing number of cardiac implant procedures.
The external defibrillators segment is expected to grow at the highest CAGR in defibrillators market during the forecast period
By type, the defibrillators market is divided into implantable and external defibrillators. The external defibrillators segment is expected to grow at the highest CAGR during the forecast period. This positive growth is attributed to the implementation of defibrillation programs in various countries and the launch of technologically advanced AED devices in the market
Asia is expected to grow at the highest CAGR during the forecast period
On the basis of region, the CM & CRM devices market is segmented into North America, Europe, Asia, and RoW. Asia is expected to grow at the highest CAGR during the forecast period. Factors such as growth in the geriatric population, growing incidence of chronic diseases, rising healthcare spending, healthcare reforms for infrastructural development, growing demand for advanced technologies, and less stringent regulations are fueling the demand for CM & CRM devices in this region.
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Market Players
The cardiac monitoring and cardiac rhythm management devices market is dominated by players such as Medtronic (Ireland), Abbott (US), Boston Scientific (US), BIOTRONIK (Germany), GE Healthcare (US), and Philips Healthcare (Netherlands)
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com
Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=55
The hospitals segment accounted for the largest share of the cardiac monitoring and cardiac rhythm management devices market in 2017
By end user, the cardiac monitoring and cardiac rhythm management devices market is classified into hospitals, home & ambulatory care settings, and other end users. In 2017, the hospitals segment accounted for the largest share of the market. The large share of this segment can primarily be attributed to the increasing use of these devices in hospitals, increasing burden of cardiovascular & coronary heart diseases, growing number of patient visits to physician offices for the principal diagnosis of CVD & CHD, and growing number of cardiac implant procedures.
The external defibrillators segment is expected to grow at the highest CAGR in defibrillators market during the forecast period
By type, the defibrillators market is divided into implantable and external defibrillators. The external defibrillators segment is expected to grow at the highest CAGR during the forecast period. This positive growth is attributed to the implementation of defibrillation programs in various countries and the launch of technologically advanced AED devices in the market
Asia is expected to grow at the highest CAGR during the forecast period
On the basis of region, the CM & CRM devices market is segmented into North America, Europe, Asia, and RoW. Asia is expected to grow at the highest CAGR during the forecast period. Factors such as growth in the geriatric population, growing incidence of chronic diseases, rising healthcare spending, healthcare reforms for infrastructural development, growing demand for advanced technologies, and less stringent regulations are fueling the demand for CM & CRM devices in this region.
Get Report Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=55
Market Players
The cardiac monitoring and cardiac rhythm management devices market is dominated by players such as Medtronic (Ireland), Abbott (US), Boston Scientific (US), BIOTRONIK (Germany), GE Healthcare (US), and Philips Healthcare (Netherlands)
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com
Contact Information:
MarketsandMarkets™
Mr. Shelly Singh
Tel: 1-888-600-6441
Email us
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MarketsandMarkets™
Mr. Shelly Singh
Tel: 1-888-600-6441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results