Cardiac monitoring devices assist in monitoring and examination of cardiac activity. Moreover, cardiac rhythm management devices maintain the regular cardiac rhythm for patients undergoing from rate and rhythm ailments of the heart. The global cardiac monitoring and cardiac rhythm management market is growing at significant rate, due to escalating occurrence of cardiovascular diseases and technological improvement.
Global Cardiac Monitoring and Cardiac Rhythm Management
Market – Analysis and Forecast (2018-2024)
Cardiac monitoring systems enable cardiac activity monitoring and analysis. Cardiac
rhythm monitoring systems often keep the cardiac rhythm normal for patients with
heart rate and rhythm aches. As cardiovascular disease is growing and technological
development is ongoing, the global cardiac monitoring and rhythm control market is
growing significantly. Due to the rising incidence of cardiovascular disease and
advancement of technology in the device, the industry has experienced high demand
for defibrillators over recent years.
Based on the product, the market of cardiac monitoring devices is divided into event
monitoring systems, ECG devices, cardiac performance monitors, mobile cardiac
telemetry, and intelligent and wearable ECG monitors. It is projected that ECG
devices account for the largest market share as cardiovascular conditions intensify
and geriatric population grows. Mobile cardiac telemetry is expected to expand
rapidly, as medical care costs are more likely to decrease and diagnostics can rise
quickly and better in comparison to other monitoring methods.
In addition, product sales into defibrillators and pacemakers is a demand for cardiac
rhythm control products. Defibrillators, due to technologically advanced defibrillators,
rising cardiovascular diseases, increasing cardiovascular arrest frequency, expanding
demand for this equipment in developing countries and increasing the demand for
high quality healthcare, are expected to be largest on the market.
In hospitals, home, and ambulatory facilities and so forth, the heart monitoring and
cardiac rhythm market is divided by end-user. In addition to increased
cardiovascular & coronary heart disease diagnostics and heart diseases in hospitals,
the number of patient appointments in medical offices for cardiovascular and
coronary heart disease and the rise in cardiac implant procedures are projected to
account for the biggest share