Implantable Cardiac Monitor Market Size, Share, Growth, Trends, Analysis Report 2027

1. Implantable Cardiac Monitor Market Size, Share, Growth, Trends,
Analysis Report 2027
Research Nester recently published a report titled “Global Implantable Cardiac
Monitor Market: Global Demand Analysis & Opportunity Outlook 2027″ which
delivers a detailed overview of the global implantable cardiac monitor market in
terms of market segmentation by indication, by end-use industry, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth
drivers, restraints, supply and demand risk, market attractiveness, BPS analysis, and
Porter’s five force model.
Technological advancements pertaining to cardiac monitor devices leading to easier
implantation combined with growing demand for such devices owing to their ability to
detect cardiac arrhythmias and atrial fibrillation are among notable factors that are
driving the growth of the global implantable cardiac monitor market. Additionally, the
growing geriatric population and their susceptibility to cardiac diseases is driving
huge demand for the devices in order to monitor heart rhythms as well as epilepsy
disorders. On account of these factors, the global implantable cardiac monitor
market is anticipated to grow at a CAGR of around 7.9% over the forecast period i.e.
2019-2027.
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cardiac-monitor-market/1657
Based on end-users, the market is bifurcated into hospitals, specialized cardiac
centers, and ambulatory surgical centers among others. Among these segments, the
ambulatory surgical center’s segment is anticipated to grow at a considerable rate
owing to the supporting care, low cost treatment and ready availability of treatment at
these centers. However, the hospital segment is estimated to garner leading shares
owing to the need of hospitalization that is required to implant these devices.

2. Regionally, the market in North America is estimated to hold the highest market
share on the back of growing acceptance of these devices coupled with high
investments in the healthcare sector for research and development activities.
Growing Elderly Population and Technological Advancements to Boost the
Market Growth
Elderly people are more prone to diseases such as atrial fibrillation and cardiac
arrhythmia, which increases the need for monitoring the heart rate. Additionally, the
demand for cardiac monitoring is rising on the back of the growing prevalence of
cardiovascular diseases such as heart stroke and improper functioning of the heart.
Such factors combined with growing technological advancements in the healthcare
sector are estimated to propel the growth of the market.
However, the high cost of treatment and time-consuming processes pertaining to
implantable cardiac monitors are some of the restraining factors that are estimated to
negatively affect the growth of the market.
This report also provides the existing competitive scenario of some of the key
players of the global implantable cardiac monitor market which includes company
profiling of Medtronic, Boston Scientific Corporation, Abbott, Biotronik Angel Medical
Systems, Inc., Biosense Webster Inc.
The profiling enfolds key information of the companies which encompasses business
overview, products and services, key financials and recent news and developments.
On the whole, the report depicts a detailed overview of the global implantable
cardiac monitor market that will help industry consultants, equipment manufacturers,
existing players searching for expansion opportunities, new players searching
possibilities and other stakeholders to align their market-centric strategies according
to the ongoing and expected trends in the future.
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