The global cardiac monitoring and cardiac rhythm managementmarket is expected to grow from USD 29.83 billion in 2019 to USD54.92 billion by 2027, at a CAGR of 7.93% during the forecast period 2020-2027.
Cardiac monitoring refers to the tracking of heart activities in a continuous manner. It is usually done by electrocardiography, and the patient's condition is assessed with the help of cardiac rhythm. Cardiac monitoring is essential for reading any unusual heartbeats, which is different from the regular. At times, there are no symptoms of an irregular heartbeat, which makes it more life-threatening, which is why continuous monitoring is required. The increasing cases of cardiovascular disorders and favorable government initiatives are the major drivers for market growth.
This study delivers a comprehensive analysis of products, end-users, and regions. The product segment includes cardiac monitoring devices and cardiac rhythm management devices. The cardiac monitoring devices further include ECG, event monitors, implantable loop recorders, echocardiogram, mobile cardiac telemetry, and others. The cardiac rhythm management devices further include pacemakers, defibrillators, and cardiac resynchronization therapy. The cardiac rhythm management devices hold significant market shares. The contribution of defibrillators in this segment is the highest, and thus it is the driving sub-segment for the segment. The reason for the growth can be attributed to the increased demand for efficient defibrillators owing to the recent technological advancements, increased awareness, and supportivegovernment initiatives. The end-user segment includes hospitals, ambulatory centers, home healthcare, and others. The hospital segment dominates the market shares. The application of the product is wide in hospitals. Further, hospitals provide full services to the patient under continuous monitoring.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America holds the maximum market share. The presence of advanced technologies, the growth of heart-related diseases, and increased spending on healthcare expenditures are the reasons driving the market growth.
Some of the notable players in the cardiac monitoring and cardiac rhythm management market are Stryker Corporation, Koninklijke Philips N.V., BIOTRONIK, Boston Scientific Corporation, Microport Scientific Corporation, Zoll Medical Corporation, Nihon Kohden Corporation, GE Healthcare, Spacelabs Healthcare, Abbott, Hill-Rom Holdings, Biotelemetry, Medtronic, Schiller, and others.
This study forecasts revenue growth at global, regional, and country levels from 2020 to 2027. Fior Markets has segmented the market based on below-mentioned segments:
Global Cardiac Monitoring and Cardiac Rhythm Management Market Analysis And Forecast, By Product
Global Cardiac Monitoring and Cardiac Rhythm Management Market Analysis And Forecast, By End-user
Global Cardiac Monitoring and Cardiac Rhythm Management Market Analysis And Forecast, By 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 Product
4.3.2. Market Attractiveness Analysis By End-user
4.3.3. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Increasing prevalence of heart diseases
5.2.2. Increased consumer awareness
5.3. Restrains
5.3.1. High cost of the devices
5.4. Opportunities
5.4.1. Growing geriatric population
5.4.2. Favourable government initiatives
5.5. Challenges
5.5.1. Preference of drugs over devices
6. Global Cardiac Monitoring and Cardiac Rhythm Management Market Analysis and Forecast, By Product
6.1. Segment Overview
6.2. Cardiac Monitoring Devices
6.2.1. ECG
6.2.1.1. Holter Monitors
6.2.1.2. Resting ECG
6.2.1.3. Stress ECG
6.2.2. Event Monitors
6.2.3. Implantable Loop Recorders
6.2.4. Echocardiogram
6.2.5. Mobile Cardiac Telemetry
6.2.6. Others
6.3. Cardiac Rhythm Management Devices
6.3.1. Pacemakers
6.3.1.1. Implantable
6.3.1.2. External
6.3.2. Defibrillators
6.3.2.1. Implantable Cardioverter Defibrillators
6.3.2.2. External Defibrillator
6.3.3. Cardiac Resynchronization Therapy
6.3.3.1. CRT Defibrillators
6.3.3.2. CRT Pacemakers
7. Global Cardiac Monitoring and Cardiac Rhythm Management Market Analysis and Forecast, By End-user
7.1. Segment Overview
7.2. Hospitals
7.3. Ambulatory Centers
7.4. Home Healthcare
7.5. Others
8. Global Cardiac Monitoring and Cardiac Rhythm Management Market Analysis and Forecast, By Regional Analysis
8.1. Segment Overview
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. U.K.
8.3.4. Italy
8.3.5. Spain
8.4. Asia-Pacific
8.4.1. Japan
8.4.2. China
8.4.3. India
8.5. South America
8.5.1. Brazil
8.6. Middle East and Africa
8.6.1. UAE
8.6.2. South Africa
9. Global Cardiac Monitoring and Cardiac Rhythm Management Market-Competitive Landscape
9.1. Overview
9.2. Market Share of Key Players in Global Cardiac Monitoring and Cardiac Rhythm Management Market
9.2.1. Global Company Market Share
9.2.2. North America Company Market Share
9.2.3. Europe Company Market Share
9.2.4. APAC Company Market Share
9.3. Competitive Situations and Trends
9.3.1. Product Launches and Developments
9.3.2. Partnerships, Collaborations and Agreements
9.3.3. Mergers & Acquisitions
9.3.4. Expansions
10. Company Profiles
10.1. Stryker Corporation
10.1.1. Business Overview
10.1.2. Company Snapshot
10.1.3. Company Market Share Analysis
10.1.4. Company Product Portfolio
10.1.5. Recent Developments
10.1.6. SWOT Analysis
10.2. Koninklijke Philips N.V.
10.2.1. Business Overview
10.2.2. Company Snapshot
10.2.3. Company Market Share Analysis
10.2.4. Company Product Portfolio
10.2.5. Recent Developments
10.2.6. SWOT Analysis
10.3. BIOTRONIK
10.3.1. Business Overview
10.3.2. Company Snapshot
10.3.3. Company Market Share Analysis
10.3.4. Company Product Portfolio
10.3.5. Recent Developments
10.3.6. SWOT Analysis
10.4. Boston Scientific Corporation
10.4.1. Business Overview
10.4.2. Company Snapshot
10.4.3. Company Market Share Analysis
10.4.4. Company Product Portfolio
10.4.5. Recent Developments
10.4.6. SWOT Analysis
10.5. Microport Scientific Corporation
10.5.1. Business Overview
10.5.2. Company Snapshot
10.5.3. Company Market Share Analysis
10.5.4. Company Product Portfolio
10.5.5. Recent Developments
10.5.6. SWOT Analysis
10.6. Zoll Medical Corporation
10.6.1. Business Overview
10.6.2. Company Snapshot
10.6.3. Company Market Share Analysis
10.6.4. Company Product Portfolio
10.6.5. Recent Developments
10.6.6. SWOT Analysis
10.7. Nihon Kohden Corporation
10.7.1. Business Overview
10.7.2. Company Snapshot
10.7.3. Company Market Share Analysis
10.7.4. Company Product Portfolio
10.7.5. Recent Developments
10.7.6. SWOT Analysis
10.8. GE Healthcare
10.8.1. Business Overview
10.8.2. Company Snapshot
10.8.3. Company Market Share Analysis
10.8.4. Company Product Portfolio
10.8.5. Recent Developments
10.8.6. SWOT Analysis
10.9. Spacelabs Healthcare
10.9.1. Business Overview
10.9.2. Company Snapshot
10.9.3. Company Market Share Analysis
10.9.4. Company Product Portfolio
10.9.5. Recent Developments
10.9.6. SWOT Analysis
10.10. Abbott
10.10.1. Business Overview
10.10.2. Company Snapshot
10.10.3. Company Market Share Analysis
10.10.4. Company Product Portfolio
10.10.5. Recent Developments
10.10.6. SWOT Analysis
10.11. Hill-Rom Holdings
10.11.1. Business Overview
10.11.2. Company Snapshot
10.11.3. Company Market Share Analysis
10.11.4. Company Product Portfolio
10.11.5. Recent Developments
10.11.6. SWOT Analysis
10.12. Biotelemetry
10.12.1. Business Overview
10.12.2. Company Snapshot
10.12.3. Company Market Share Analysis
10.12.4. Company Product Portfolio
10.12.5. Recent Developments
10.12.6. SWOT Analysis
10.13. Medtronic
10.13.1. Business Overview
10.13.2. Company Snapshot
10.13.3. Company Market Share Analysis
10.13.4. Company Product Portfolio
10.13.5. Recent Developments
10.13.6. SWOT Analysis
10.14. Schiller
10.14.1. Business Overview
10.14.2. Company Snapshot
10.14.3. Company Market Share Analysis
10.14.4. Company Product Portfolio
10.14.5. Recent Developments
10.14.6. SWOT Analysis
10.15. ReliantHeart Inc.
10.15.1. Business Overview
10.15.2. Company Snapshot
10.15.3. Company Market Share Analysis
10.15.4. Company Product Portfolio
10.15.5. Recent Developments
10.15.6. SWOT Analysis
List of Table
1. Global Cardiac Monitoring and Cardiac Rhythm Management Market, By Product, 2019-2027 (USD Billion)
2. GlobalCardiac Monitoring Devices, Cardiac Monitoring and Cardiac Rhythm Management Market, By Region, 2019-2027 (USD Billion)
3. GlobalCardiac Rhythm Management Devices, Cardiac Monitoring and Cardiac Rhythm Management Market, By Region, 2019-2027 (USD Billion)
4. Global Cardiac Monitoring and Cardiac Rhythm Management Market, By End-user, 2019-2027 (USD Billion)
5. Global Hospitals, Cardiac Monitoring and Cardiac Rhythm Management Market, By Region, 2019-2027(USD Billion)
6. GlobalAmbulatory Centers, Cardiac Monitoring and Cardiac Rhythm Management Market, By Region, 2019-2027(USD Billion)
7. Global Home Healthcare, Cardiac Monitoring and Cardiac Rhythm Management Market, By Region, 2019-2027 (USD Billion)
8. Global Others, Cardiac Monitoring and Cardiac Rhythm Management Market, By Region, 2019-2027 (USD Billion)
9. North America Cardiac Monitoring and Cardiac Rhythm Management Market, By Product, 2019-2027 (USD Billion)
10. North America Cardiac Monitoring and Cardiac Rhythm Management Market, By End-user, 2019-2027(USD Billion)
11. U.S. Cardiac Monitoring and Cardiac Rhythm Management Market, By Product, 2019-2027 (USD Billion)
12. U.S. Cardiac Monitoring and Cardiac Rhythm Management Market, By End-user, 2019-2027(USD Billion)
13. Canada Cardiac Monitoring and Cardiac Rhythm Management Market, By Product, 2019-2027 (USD Billion)
14. Canada Cardiac Monitoring and Cardiac Rhythm Management Market, By End-user, 2019-2027(USD Billion)
15. Mexico Cardiac Monitoring and Cardiac Rhythm Management Market, By Product, 2019-2027 (USD Billion)
16. Mexico Cardiac Monitoring and Cardiac Rhythm Management Market, By End-user, 2019-2027(USD Billion)
17. Europe Cardiac Monitoring and Cardiac Rhythm Management Market, By Product, 2019-2027 (USD Billion)
18. Europe Cardiac Monitoring and Cardiac Rhythm Management Market, By End-user, 2019-2027(USD Billion)
19. Germany Cardiac Monitoring and Cardiac Rhythm Management Market, By Product, 2019-2027 (USD Billion)
20. Germany Cardiac Monitoring and Cardiac Rhythm Management Market, By End-user, 2019-2027(USD Billion)
21. France Cardiac Monitoring and Cardiac Rhythm Management Market, By Product, 2019-2027 (USD Billion)
22. France Cardiac Monitoring and Cardiac Rhythm Management Market, By End-user, 2019-2027(USD Billion)
23. U.K. Cardiac Monitoring and Cardiac Rhythm Management Market, By Product, 2019-2027 (USD Billion)
24. U.K. Cardiac Monitoring and Cardiac Rhythm Management Market, By End-user, 2019-2027(USD Billion)
25. Italy Cardiac Monitoring and Cardiac Rhythm Management Market, By Product, 2019-2027 (USD Billion)
26. Italy Cardiac Monitoring and Cardiac Rhythm Management Market, By End-user, 2019-2027(USD Billion)
27. Spain Cardiac Monitoring and Cardiac Rhythm Management Market, By Product, 2019-2027 (USD Billion)
28. Spain Cardiac Monitoring and Cardiac Rhythm Management Market, By End-user, 2019-2027(USD Billion)
29. Asia Pacific Cardiac Monitoring and Cardiac Rhythm Management Market, By Product, 2019-2027 (USD Billion)
30. Asia Pacific Cardiac Monitoring and Cardiac Rhythm Management Market, By End-user, 2019-2027(USD Billion)
31. Japan Cardiac Monitoring and Cardiac Rhythm Management Market, By Product, 2019-2027 (USD Billion)
32. Japan Cardiac Monitoring and Cardiac Rhythm Management Market, By End-user, 2019-2027(USD Billion)
33. China Cardiac Monitoring and Cardiac Rhythm Management Market, By Product, 2019-2027 (USD Billion)
34. China Cardiac Monitoring and Cardiac Rhythm Management Market, By End-user, 2019-2027(USD Billion)
35. India Cardiac Monitoring and Cardiac Rhythm Management Market, By Product, 2019-2027 (USD Billion)
36. India Cardiac Monitoring and Cardiac Rhythm Management Market, By End-user, 2019-2027(USD Billion)
37. South America Cardiac Monitoring and Cardiac Rhythm Management Market, By Product, 2019-2027 (USD Billion)
38. South America Cardiac Monitoring and Cardiac Rhythm Management Market, By End-user, 2019-2027(USD Billion)
39. Brazil Cardiac Monitoring and Cardiac Rhythm Management Market, By Product, 2019-2027 (USD Billion)
40. Brazil Cardiac Monitoring and Cardiac Rhythm Management Market, By End-user, 2019-2027(USD Billion)
41. Middle East and Africa Cardiac Monitoring and Cardiac Rhythm Management Market, By Product, 2019-2027 (USD Billion)
42. Middle East and Africa Cardiac Monitoring and Cardiac Rhythm Management Market, By End-user, 2019-2027(USD Billion)
43. UAE Cardiac Monitoring and Cardiac Rhythm Management Market, By Product, 2019-2027 (USD Billion)
44. UAE Cardiac Monitoring and Cardiac Rhythm Management Market, By End-user, 2019-2027(USD Billion)
45. South Africa Cardiac Monitoring and Cardiac Rhythm Management Market, By Product, 2019-2027 (USD Billion)
46. South Africa Cardiac Monitoring and Cardiac Rhythm Management Market, By End-user, 2019-2027(USD Billion)
List of Figures
1. Global Cardiac Monitoring and Cardiac Rhythm Management Market Segmentation
2. Global Cardiac Monitoring and Cardiac Rhythm Management 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 Monitoring and Cardiac Rhythm Management Market Attractiveness Analysis By Product
9. Global Cardiac Monitoring and Cardiac Rhythm Management Market Attractiveness Analysis By End-user
10. Global Cardiac Monitoring and Cardiac Rhythm Management Market Attractiveness Analysis By Region
11. Global Cardiac Monitoring and Cardiac Rhythm Management Market: Dynamics
12. Global Cardiac Monitoring and Cardiac Rhythm Management Market Share By Product(2020 & 2027)
13. Global Cardiac Monitoring and Cardiac Rhythm Management Market Share by End-user (2020 & 2027)
14. Global Cardiac Monitoring and Cardiac Rhythm Management Market Share by Regions (2020 & 2027)
15. Global Cardiac Monitoring and Cardiac Rhythm Management Market Share by Company (2019)
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