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The global cardiac monitoring & cardiac rhythm management devices market is expected to grow from USD 29.3 billion in 2019 to USD 44.29 billion by 2027, at a CAGR of 5.3% during the forecast period 2020-2027.
A cardiac monitor, also called a heart monitor, helps in observing the user’s heart activity through electrocardiography (ECG/EKG). It allows studying the function of the heart over a period to diagnose any underlying or existing ailment.
This study delivers a comprehensive analysis of cardiac monitoring devices types, cardiac rhythm management devices types, end-users, and regions. The research includes growth drivers as well as challenges prevalent in the global cardiac monitoring & cardiac rhythm management devices market, along with the impact they will have on the overall demand during the forecasted period. Additionally, the study also includes various opportunities & threats that are present in the cardiac monitoring & cardiac rhythm management devices market. The cardiac monitoring devices type segment consists of ECG, implantable loop recorders, mobile cardiac telemetry, echocardiogram, event monitors, and others. The mobile cardiac telemetry segment is forecasted to grow at the highest CAGR owing to its portable and compact characteristics.Based on cardiac rhythm management devices type, the market has been segmented into defibrillators, pacemakers, and cardiac resynchronization devices. The cardiac resynchronization devices segment is anticipated to register high growth over the coming years due to its benefits like reduced blood transfusion, short hospital stays, and low risk of infections. Based on end-user, the market has been segmented into ambulatory centers, hospitals, home healthcare, and others. The home healthcare segment is expected to grow at the highest rate owing to its better convenience& comfort.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. With the rapid development of medical technology, growing demand for better healthcare, and significant untapped opportunities, the Asia-Pacific region stands as a promising market for cardiac monitoring & cardiac rhythm management devices and is expected to grow at the highest CAGR during the forecast period.
Some of the notable players in the cardiac monitoring & cardiac rhythm management devices market are Boston Scientific, GE Healthcare, Medtronic, Abbott Laboratories, Biotronik, Asahi Kasei Corporation, Hill-Rom Holdings, Schiller AG, BPL Medical Technologies, Shenzhen Mindray Bio-Medical Electronics, Shree Pacetronix, Narang Medical Limited, ProgettiSrl, and MeTrax GmbH, among others. The key players are now concentrating on implementing strategies such as adopting new technology, product innovations, mergers & acquisitions, joint ventures, alliances, and partnerships to improve their market position in the global cardiac monitoring & cardiac rhythm management devices industry.
This study predictsrevenue growth at global, national, and country levels from 2020 to 2027. Fior Markets has segmented the market based on the below-mentioned segments:
Global Cardiac Monitoring & Cardiac Rhythm Management Devices Market Analysis and Forecast, By Cardiac Monitoring Devices Type
Global Cardiac Monitoring & Cardiac Rhythm Management Devices Market Analysis and Forecast, By Cardiac Rhythm Management Devices Type
Global Cardiac Monitoring & Cardiac Rhythm Management Devices Market Analysis and Forecast, By End-User
Global Cardiac Monitoring & Cardiac Rhythm Management Devices Market Analysis and Forecast, By Regional Analysis
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 Cardiac Monitoring Devices Type
4.3.2. Market Attractiveness Analysis By Cardiac Rhythm Management Devices Type
4.3.3. Market Attractiveness Analysis ByEnd-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. Increasing prevalence of cardiac disorders
5.3. Restraints
5.3.1. High cost of devices
5.4. Opportunities
5.4.1. Technological advancements of new devices for cardiac rhythm monitoring
6. Global Cardiac Monitoring & Cardiac Rhythm Management DevicesMarket Analysis and Forecast, By Cardiac Monitoring Devices Type
6.1. Segment Overview
6.2. ECG
6.3. Implantable Loop Recorders
6.4. Mobile Cardiac Telemetry
6.5. Echocardiogram
6.6. Event Monitors
6.7. Others
7. Global Cardiac Monitoring & Cardiac Rhythm Management Devices Market Analysis and Forecast, By Cardiac Rhythm Management Devices Type
7.1. Segment Overview
7.2. Defibrillators
7.3. Pacemakers
7.4. Cardiac Resynchronization Devices
8. Global Cardiac Monitoring & Cardiac Rhythm Management Devices Market Analysis and Forecast, ByEnd-User
8.1. Segment Overview
8.2. Ambulatory Centers
8.3. Hospitals
8.4. Home Healthcare
8.5. Others
9. Global Cardiac Monitoring & Cardiac Rhythm Management 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 Monitoring & Cardiac Rhythm Management Devices Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in Global Cardiac Monitoring & Cardiac Rhythm Management 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. Products, Launches and Developments
10.3.2. Partnerships Collaborations and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. Boston Scientific
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. GE Healthcare
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Medtronic
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Abbott Laboratories
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Biotronik
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Asahi Kasei Corporation
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Hill-Rom Holdings
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. Schiller AG
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. BPL Medical Technologies
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Shenzhen Mindray Bio-Medical Electronics
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
11.11. Shree Pacetronix
11.11.1. Business Overview
11.11.2. Company Snapshot
11.11.3. Company Market Share Analysis
11.11.4. Company Product Portfolio
11.11.5. Recent Developments
11.11.6. SWOT Analysis
11.12. Narang Medical Limited
11.12.1. Business Overview
11.12.2. Company Snapshot
11.12.3. Company Market Share Analysis
11.12.4. Company Product Portfolio
11.12.5. Recent Developments
11.12.6. SWOT Analysis
11.13. ProgettiSrl
11.13.1. Business Overview
11.13.2. Company Snapshot
11.13.3. Company Market Share Analysis
11.13.4. Company Product Portfolio
11.13.5. Recent Developments
11.13.6. SWOT Analysis
11.14. MeTrax GmbH
11.14.1. Business Overview
11.14.2. Company Snapshot
11.14.3. Company Market Share Analysis
11.14.4. Company Product Portfolio
11.14.5. Recent Developments
11.14.6. SWOT Analysis
List of Table
1. Global Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Monitoring Devices Type, 2017-2027 (USD Billion) (K Units)
2. Global ECG, Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Region, 2017-2027 (USD Billion) (K Units)
3. Global Implantable Loop Recorders, Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Region, 2017-2027 (USD Billion) (K Units)
4. Global Mobile Cardiac Telemetry, Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Region, 2017-2027 (USD Billion) (K Units)
5. Global Echocardiogram, Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Region, 2017-2027 (USD Billion) (K Units)
6. Global Event Monitors, Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Region, 2017-2027 (USD Billion) (K Units)
7. Global Others, Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Region, 2017-2027 (USD Billion) (K Units)
8. Global Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Rhythm Management Devices Type, 2017-2027 (USD Billion) (K Units)
9. Global Defibrillators, Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Region, 2017-2027 (USD Billion) (K Units)
10. Global Pacemakers, Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Region, 2017-2027 (USD Billion) (K Units)
11. Global Resynchronization Devices, Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Region, 2017-2027 (USD Billion) (K Units)
12. Global Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By End-User, 2020-2028(USD Billion) (K Units)
13. Global Ambulatory Centers, Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Region, 2020-2028(USD Billion) (K Units)
14. Global Hospitals, Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Region, 2020-2028(USD Billion) (K Units)
15. GlobalHome Healthcare, Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Region, 2020-2028(USD Billion) (K Units)
16. Global Others, Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Region, 2020-2028(USD Billion) (K Units)
17. North America Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Monitoring Devices Type, 2020-2028(USD Billion) (K Units)
18. North America Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Rhythm Management Devices Type, 2020-2028(USD Billion) (K Units)
19. North America Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By End-User2020-2028(USD Billion) (K Units)
20. U.S. Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Monitoring Devices Type, 2020-2028(USD Billion) (K Units)
21. U.S. Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Rhythm Management Devices Type, 2020-2028(USD Billion) (K Units)
22. U.S. Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By End-User, 2020-2028(USD Billion) (K Units)
23. Canada Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Monitoring Devices Type, 2020-2028(USD Billion) (K Units)
24. Canada Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Rhythm Management Devices Type, 2020-2028(USD Billion) (K Units)
25. Canada Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By End-User, 2020-2028(USD Billion) (K Units)
26. Mexico Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Monitoring Devices Type, 2020-2028(USD Billion) (K Units)
27. Mexico Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Rhythm Management Devices Type, 2020-2028(USD Billion) (K Units)
28. Mexico Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By End-User, 2020-2028(USD Billion) (K Units)
29. Europe Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Monitoring Devices Type, 2020-2028(USD Billion) (K Units)
30. Europe Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Rhythm Management Devices Type, 2020-2028(USD Billion) (K Units)
31. Europe Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By End-User, 2020-2028(USD Billion) (K Units)
32. Germany Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Monitoring Devices Type, 2020-2028(USD Billion) (K Units)
33. Germany Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Rhythm Management Devices Type, 2020-2028(USD Billion) (K Units)
34. Germany Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By End-User, 2020-2028(USD Billion) (K Units)
35. France Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Monitoring Devices Type, 2020-2028(USD Billion) (K Units)
36. France Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Rhythm Management Devices Type, 2020-2028(USD Billion) (K Units)
37. France Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By End-User, 2020-2028(USD Billion) (K Units)
38. U.K. Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Monitoring Devices Type, 2020-2028(USD Billion) (K Units)
39. U.K. Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Rhythm Management Devices Type, 2020-2028(USD Billion) (K Units)
40. U.K. Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By End-User, 2020-2028(USD Billion) (K Units)
41. Italy Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Monitoring Devices Type, 2020-2028(USD Billion) (K Units)
42. Italy Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Rhythm Management Devices Type, 2020-2028(USD Billion) (K Units)
43. Italy Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By End-User, 2020-2028(USD Billion) (K Units)
44. Spain Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Monitoring Devices Type, 2020-2028(USD Billion) (K Units)
45. Spain Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Rhythm Management Devices Type, 2020-2028(USD Billion) (K Units)
46. Spain Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By End-User, 2020-2028(USD Billion) (K Units)
47. Asia Pacific Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Monitoring Devices Type, 2020-2028(USD Billion) (K Units)
48. Asia Pacific Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Rhythm Management Devices Type, 2020-2028(USD Billion) (K Units)
49. Asia Pacific Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By End-User, 2020-2028(USD Billion) (K Units)
50. Japan Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Monitoring Devices Type, 2020-2028(USD Billion) (K Units)
51. JapanCardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Rhythm Management Devices Type, 2020-2028(USD Billion) (K Units)
52. JapanCardiac Monitoring & Cardiac Rhythm Management Devices Market, By End-User, 2020-2028(USD Billion) (K Units)
53. China Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Monitoring Devices Type, 2020-2028(USD Billion) (K Units)
54. China Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Rhythm Management Devices Type, 2020-2028(USD Billion) (K Units)
55. China Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By End-User, 2020-2028(USD Billion) (K Units)
56. India Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Monitoring Devices Type, 2020-2028(USD Billion) (K Units)
57. India Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Rhythm Management Devices Type, 2020-2028(USD Billion) (K Units)
58. India Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By End-User, 2020-2028(USD Billion) (K Units)
59. South America Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Monitoring Devices Type, 2020-2028(USD Billion) (K Units)
60. South America Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Rhythm Management Devices Type, 2020-2028(USD Billion) (K Units)
61. South America Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By End-User, 2020-2028(USD Billion) (K Units)
62. Brazil Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Monitoring Devices Type, 2020-2028(USD Billion) (K Units)
63. Brazil Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Rhythm Management Devices Type, 2020-2028(USD Billion) (K Units)
64. Brazil Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By End-User, 2020-2028(USD Billion) (K Units)
65. Middle East and Africa Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Monitoring Devices Type, 2020-2028(USD Billion) (K Units)
66. Middle East and Africa Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Rhythm Management Devices Type, 2020-2028(USD Billion) (K Units)
67. Middle East and Africa Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By End-User, 2020-2028(USD Billion) (K Units)
68. UAE Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Monitoring Devices Type, 2020-2028(USD Billion) (K Units)
69. UAE Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Rhythm Management Devices Type, 2020-2028(USD Billion) (K Units)
70. UAE Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By End-User, 2020-2028(USD Billion) (K Units)
71. South Africa Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Monitoring Devices Type, 2020-2028(USD Billion) (K Units)
72. South Africa Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By Cardiac Rhythm Management Devices Type, 2020-2028(USD Billion) (K Units)
73. South Africa Cardiac Monitoring & Cardiac Rhythm Management Devices Market, By End-User, 2020-2028(USD Billion) (K Units)
List of Figures
1. Global Cardiac Monitoring & Cardiac Rhythm Management Devices Market Segmentation
2. Global Cardiac Monitoring & Cardiac Rhythm Management 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 Monitoring & Cardiac Rhythm Management Devices Market Attractiveness Analysis By Cardiac Monitoring Devices Type
9. Global Cardiac Monitoring & Cardiac Rhythm Management Devices Market Attractiveness Analysis By Cardiac Rhythm Management Devices Type
10. Global Cardiac Monitoring & Cardiac Rhythm Management Devices Market Attractiveness Analysis By End-User
11. Global Cardiac Monitoring & Cardiac Rhythm Management Devices Market Attractiveness Analysis By Region
12. Global Cardiac Monitoring & Cardiac Rhythm Management Devices Market: Dynamics
13. Global Cardiac Monitoring & Cardiac Rhythm Management Devices Market Share by Cardiac Monitoring Devices Type (2020 &2028)
14. Global Cardiac Monitoring & Cardiac Rhythm Management Devices Market Share by Cardiac Rhythm Management Devices Type (2020 &2028)
15. Global Cardiac Monitoring & Cardiac Rhythm Management Devices Market Share by End-User (2020 &2028)
16. Global Cardiac Monitoring & Cardiac Rhythm Management Devices Market Share by Regions (2020 &2028)
17. Global Cardiac Monitoring & Cardiac Rhythm Management Devices Market Share by Company (2020)
Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.
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