The cardiac arrhythmia monitoring devices market is expected to grow from USD 5.7 billion in 2019 to USD 9.79 billion by 2027, at a CAGR of 7% during the forecast period 2020-2027.
Heart rhythm problems occur during the electrical impulses, which coordinate heartbeats that don’t work properly, causes the heart to beat either too slow or too fast. These devices are used to monitor the patients at risk or with heart arrhythmia known as cardiac arrhythmia monitoring devices. This device records heart, rhythm, and abnormalities in heart functioning. Cardiac arrhythmia monitoring devices detect and alarm the heartbeats that are irregular being either too slow or too fast. If the heart beats too fast, it is known as tachycardia, and if the heart beats too slow, it is known as bradycardia. The most common form of arrhythmia is atrial fibrillation that causes an irregular and fast heartbeat.
The factors driving the market are increasing adoption of mobile and telemetry cardiac monitors, growing prevalence of cardiovascular diseases and expenditure on cardiac health, expanding geriatric population, and technological advancements and introduction of innovative devices for cardiac rhythm monitoring. Lack of skilled professionals and negative effects of some cardiac monitoring devices on patients restrains the market growth. Alternatives for traditional holter monitor will provide market growth opportunities.
This study delivers a comprehensive analysis of devices, application, end-user, and region. The devices segment includes event recorder, mobile cardiac telemetry, holter monitor, electrocardiogram monitor, implantable cardiac monitor, and others. The holter monitor segment holds the largest share, owing to the introduction of wireless wearable technology in cardiac holter monitoring. Technological advancements have resulted in high accuracy and efficiency in arrhythmia detection. The application segment includes atrial tachycardia, tachycardia, bradycardia, ventricular tachycardia, premature contractions, and others. The tachycardia segment holds the largest share, owing to increasing disease prevalence and increasing the use of ECG in tachycardia diagnosis. Based on end-user, the market is segmented into diagnostics centers, hospitals and clinics, homecare settings, ambulatory surgical centers, and others. Hospitals and clinics segment holds the largest share, owing to the rising prevalence of cardiac rhythm disorders and an increase in the number of emergencies requiring continuous cardiac rhythm monitoring.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America holds the largest market share, owing to the presence of strong players, good reimbursement policy, and a rapidly ageing population. The market in Europe is expected to witness significant growth, owing to increasing demand for telehealth products, growing healthcare spending leading to the adoption of recent technologies, and rising government funding in science and technology.
Some of the notable players in the market are Medtronic PLC, Koninklijke Phillips N.V., Biotronik, GE Healthcare, iRhythm Technologies, and Biotelemetry Inc. In January 2020, Biotronik launched a new injectable cardiac monitor, BIOMONITOR III. This device allows the detection of irregular heart rhythm. This new technological development will increase the growth potential of the company.
Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecast, Devices
Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecast, Application
Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecast, End-User
Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecast, Region
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Devices
4.3.2. Market Attractiveness Analysis By Application
4.3.3. Market Attractiveness Analysis By End-User
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Growing prevalence of cardiovascular diseases and expenditure on cardiac health
5.2.2. Technological advancements and introduction of innovative devices for cardiac rhythm monitoring
5.3. Restrains
5.3.1. Lack of skilled professionals
5.4. Opportunities
5.4.1. Alternatives for traditional holter monitor
6. Global Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecast, By Devices
6.1. Segment Overview
6.2. Event Recorder
6.3. Mobile Cardiac Telemetry
6.4. Holter Monitor
6.5. Electrocardiogram Monitor
6.6. Implantable Cardiac Monitor
6.7. Others
7. Global Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecast, By Application
7.1. Segment Overview
7.2. Atrial Tachycardia
7.3. Tachycardia
7.4. Bradycardia
7.5. Ventricular Tachycardia
7.6. Premature Contractions
7.7. Others
8. Global Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecast, By End-User
8.1. Segment Overview
8.2. Diagnostics Centers
8.3. Hospitals and Clinics
8.4. Homecare Settings
8.5. Ambulatory Surgical Centers
8.6. Others
9. Global Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Cardiac Arrhythmia Monitoring Devices Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in Global Cardiac Arrhythmia Monitoring Devices Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Material Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. Medtronic PLC
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Devices Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Koninklijke Phillips N.V.
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Devices Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Biotronik
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Devices Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. GE Healthcare
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Devices Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. iRhythm Technologies
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Devices Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Biotelemetry Inc.
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Devices Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
List of Table
1. Global Cardiac Arrhythmia Monitoring Devices Market, By Devices, 2019-2027 (USD Billion)
2. Global Event Recorder, Cardiac Arrhythmia Monitoring Devices Market, By Region, 2019-2027 (USD Billion)
3. Global Mobile Cardiac Telemetry, Cardiac Arrhythmia Monitoring Devices Market, By Region, 2019-2027 (USD Billion)
4. Global Holter Monitor, Cardiac Arrhythmia Monitoring Devices Market, By Region, 2019-2027 (USD Billion)
5. Global Electrocardiogram Monitor, Cardiac Arrhythmia Monitoring Devices Market, By Region, 2019-2027 (USD Billion)
6. Global Implantable Cardiac Monitor, Cardiac Arrhythmia Monitoring Devices Market, By Region, 2019-2027 (USD Billion)
7. Global Others, Cardiac Arrhythmia Monitoring Devices Market, By Region, 2019-2027 (USD Billion)
8. Global Cardiac Arrhythmia Monitoring Devices Market, By Application, 2019-2027 (USD Billion)
9. Global Atrial Tachycardia, Cardiac Arrhythmia Monitoring Devices Market, By Region, 2019-2027 (USD Billion)
10. Global Tachycardia, Cardiac Arrhythmia Monitoring Devices Market, By Region, 2019-2027 (USD Billion)
11. Global Bradycardia, Cardiac Arrhythmia Monitoring Devices Market, By Region, 2019-2027 (USD Billion)
12. Global Ventricular Tachycardia, Cardiac Arrhythmia Monitoring Devices Market, By Region, 2019-2027 (USD Billion)
13. Global Premature Contractions, Cardiac Arrhythmia Monitoring Devices Market, By Region, 2019-2027 (USD Billion)
14. Global Others, Cardiac Arrhythmia Monitoring Devices Market, By Region, 2019-2027 (USD Billion)
15. Global Cardiac Arrhythmia Monitoring Devices Market, By End-User, 2019-2027 (USD Billion)
16. Global Diagnostic Centers, Cardiac Arrhythmia Monitoring Devices Market, By Region, 2019-2027 (USD Billion)
17. Global Hospitals and Clinics, Cardiac Arrhythmia Monitoring Devices Market, By Region, 2019-2027 (USD Billion)
18. Global Homecare Settings, Cardiac Arrhythmia Monitoring Devices Market, By Region, 2019-2027 (USD Billion)
19. Global Ambulatory Surgical Centers, Cardiac Arrhythmia Monitoring Devices Market, By Region, 2019-2027 (USD Billion)
20. Global Others, Cardiac Arrhythmia Monitoring Devices Market, By Region, 2019-2027 (USD Billion)
21. North America Cardiac Arrhythmia Monitoring Devices Market, By Devices, 2019-2027 (USD Billion)
22. North America Cardiac Arrhythmia Monitoring Devices Market, By Application, 2019-2027 (USD Billion)
23. North America Cardiac Arrhythmia Monitoring Devices Market, By End-User, 2019-2027 (USD Billion)
24. U.S. Cardiac Arrhythmia Monitoring Devices Market, By Devices, 2019-2027 (USD Billion)
25. U.S. Cardiac Arrhythmia Monitoring Devices Market, By Application, 2019-2027 (USD Billion)
26. U.S. Cardiac Arrhythmia Monitoring Devices Market, By End-User, 2019-2027 (USD Billion)
27. Canada Cardiac Arrhythmia Monitoring Devices Market, By Devices, 2019-2027 (USD Billion)
28. Canada Cardiac Arrhythmia Monitoring Devices Market, By Application, 2019-2027 (USD Billion)
29. Canada Cardiac Arrhythmia Monitoring Devices Market, By End-User, 2019-2027 (USD Billion)
30. Mexico Cardiac Arrhythmia Monitoring Devices Market, By Devices, 2019-2027 (USD Billion)
31. Mexico Cardiac Arrhythmia Monitoring Devices Market, By Application, 2019-2027 (USD Billion)
32. Mexico Cardiac Arrhythmia Monitoring Devices Market, By End-User, 2019-2027 (USD Billion)
33. Europe Cardiac Arrhythmia Monitoring Devices Market, By Devices, 2019-2027 (USD Billion)
34. Europe Cardiac Arrhythmia Monitoring Devices Market, By Application, 2019-2027 (USD Billion)
35. Europe Cardiac Arrhythmia Monitoring Devices Market, By End-User, 2019-2027 (USD Billion)
36. Germany Cardiac Arrhythmia Monitoring Devices Market, By Devices, 2019-2027 (USD Billion)
37. Germany Cardiac Arrhythmia Monitoring Devices Market, By Application, 2019-2027 (USD Billion)
38. Germany Cardiac Arrhythmia Monitoring Devices Market, By End-User, 2019-2027 (USD Billion)
39. France Cardiac Arrhythmia Monitoring Devices Market, By Devices, 2019-2027 (USD Billion)
40. France Cardiac Arrhythmia Monitoring Devices Market, By Application, 2019-2027 (USD Billion)
41. France Cardiac Arrhythmia Monitoring Devices Market, By End-User, 2019-2027 (USD Billion)
42. U.K. Cardiac Arrhythmia Monitoring Devices Market, By Devices, 2019-2027 (USD Billion)
43. U.K. Cardiac Arrhythmia Monitoring Devices Market, By Application, 2019-2027 (USD Billion)
44. U.K. Cardiac Arrhythmia Monitoring Devices Market, By End-User, 2019-2027 (USD Billion)
45. Italy Cardiac Arrhythmia Monitoring Devices Market, By Devices, 2019-2027 (USD Billion)
46. Italy Cardiac Arrhythmia Monitoring Devices Market, By Application, 2019-2027 (USD Billion)
47. Italy Cardiac Arrhythmia Monitoring Devices Market, By End-User, 2019-2027 (USD Billion)
48. Spain Cardiac Arrhythmia Monitoring Devices Market, By Devices, 2019-2027 (USD Billion)
49. Spain Cardiac Arrhythmia Monitoring Devices Market, By Application, 2019-2027 (USD Billion)
50. Spain Cardiac Arrhythmia Monitoring Devices Market, By End-User, 2019-2027 (USD Billion)
51. Asia Pacific Cardiac Arrhythmia Monitoring Devices Market, By Devices, 2019-2027 (USD Billion)
52. Asia Pacific Cardiac Arrhythmia Monitoring Devices Market, By Application, 2019-2027 (USD Billion)
53. Asia Pacific Cardiac Arrhythmia Monitoring Devices Market, By End-User, 2019-2027 (USD Billion)
54. Japan Cardiac Arrhythmia Monitoring Devices Market, By Devices, 2019-2027 (USD Billion)
55. Japan Cardiac Arrhythmia Monitoring Devices Market, By Application, 2019-2027 (USD Billion)
56. Japan Cardiac Arrhythmia Monitoring Devices Market, By End-User, 2019-2027 (USD Billion)
57. China Cardiac Arrhythmia Monitoring Devices Market, By Devices, 2019-2027 (USD Billion)
58. China Cardiac Arrhythmia Monitoring Devices Market, By Application, 2019-2027 (USD Billion)
59. China Cardiac Arrhythmia Monitoring Devices Market, By End-User, 2019-2027 (USD Billion)
60. India Cardiac Arrhythmia Monitoring Devices Market, By Devices, 2019-2027 (USD Billion)
61. India Cardiac Arrhythmia Monitoring Devices Market, By Application, 2019-2027 (USD Billion)
62. India Cardiac Arrhythmia Monitoring Devices Market, By End-User, 2019-2027 (USD Billion)
63. South America Cardiac Arrhythmia Monitoring Devices Market, By Devices, 2019-2027 (USD Billion)
64. South America Cardiac Arrhythmia Monitoring Devices Market, By Application, 2019-2027 (USD Billion)
65. South America Cardiac Arrhythmia Monitoring Devices Market, By End-User, 2019-2027 (USD Billion)
66. Brazil Cardiac Arrhythmia Monitoring Devices Market, By Devices, 2019-2027 (USD Billion)
67. Brazil Cardiac Arrhythmia Monitoring Devices Market, By Application, 2019-2027 (USD Billion)
68. Brazil Cardiac Arrhythmia Monitoring Devices Market, By End-User, 2019-2027 (USD Billion)
69. Middle East and Africa Cardiac Arrhythmia Monitoring Devices Market, By Devices, 2019-2027 (USD Billion)
70. Middle East and Africa Cardiac Arrhythmia Monitoring Devices Market, By Application, 2019-2027 (USD Billion)
71. Middle East and Africa Cardiac Arrhythmia Monitoring Devices Market, By End-User, 2019-2027 (USD Billion)
72. UAE Cardiac Arrhythmia Monitoring Devices Market, By Devices, 2019-2027 (USD Billion)
73. UAE Cardiac Arrhythmia Monitoring Devices Market, By Application, 2019-2027 (USD Billion)
74. UAE Cardiac Arrhythmia Monitoring Devices Market, By End-User, 2019-2027 (USD Billion)
75. South Africa Cardiac Arrhythmia Monitoring Devices Market, By Devices, 2019-2027 (USD Billion)
76. South Africa Cardiac Arrhythmia Monitoring Devices Market, By Application, 2019-2027 (USD Billion)
77. South Africa Cardiac Arrhythmia Monitoring Devices Market, By End-User, 2019-2027 (USD Billion)
List of Figures
1. Global Cardiac Arrhythmia Monitoring Devices Market Segmentation
2. Global Cardiac Arrhythmia Monitoring Devices Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Cardiac Arrhythmia Monitoring Devices Market Attractiveness Analysis By Devices
9. Global Cardiac Arrhythmia Monitoring Devices Market Attractiveness Analysis By Application
10. Global Cardiac Arrhythmia Monitoring Devices Market Attractiveness Analysis By End-User
11. Global Cardiac Arrhythmia Monitoring Devices Market Attractiveness Analysis By Region
12. Global Cardiac Arrhythmia Monitoring Devices Market: Dynamics
13. Global Cardiac Arrhythmia Monitoring Devices Market Share by Devices(2020 & 2027)
14. Global Cardiac Arrhythmia Monitoring Devices Market Share by Application (2020 & 2027)
15. Global Cardiac Arrhythmia Monitoring Devices Market Share by End-User (2020 & 2027)
16. Global Cardiac Arrhythmia Monitoring Devices Market Share by Regions (2020 & 2027)
17. Global Cardiac Arrhythmia Monitoring Devices Market Share by Company (2019)
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