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Cardiac Arrhythmias Monitoring Devices Market To Reach USD 8.78 Billion By 2026


Market Summary Increased rate of occurrence of arrhythmias, technological advancement in monitoring devices, and change in lifestyle are some of the factors boosting Cardiac Arrhythmias Monitoring Devices Market. Market Size – USD 5.27 Billion in 2018, Market Growth - CAGR of 6.5%, Market Trends –Effective detection of arrhythmias. The Global Cardiac Arrhythmias Monitoring Devices Market is forecast to reach USD 8.78 Billion by 2026, according to a new report by Reports and Data. Various factors have contributed to the market growth of the industry. One of the significant factors in this context has been the rise in the rate of occurrence of arrhythmias and the associated mortality. Such an increase in mortality rate associated with arrhythmias is a significant factor that has boosted the industry. The rise in the mortality rate associated with arrhythmias has also promoted the government in increasing its investments in the industry. The increase in the investments has resulted in advancements in cardiac arrhythmias monitoring devices like mobile cardiac telemetry devices. Such improvements enhance the applicability and ease of use of these devices, which in turn have a positive impact on the sector.

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Further key findings from the report suggest • Availability of low-cost ECG services and devices is having a positive impact on the growth of the sector. • Increased awareness level about cardiac health and arrhythmias is also boosting the growth of this industry. • In regards to devices, the resting ECG devices segment is leading the market and is forecasted to occupy 37% of the market share by 2026 with a CAGR of 7.2% during the forecast period. The reason for this segment to lead the market is applicability in detecting arrhythmias in an individual is in a resting position, making it applicable in hospital admissions. • Constant focus on technological advancement in the monitoring devices segment is also boosting the growth rate of the industry. • In regards to the technology segment, digital health technology holds the largest market share of 36% in the year 2018, with a growth rate of 6.9% during the forecast period. Factors contributing to its market share are a long association in the healthcare industry and its applicability in transferring data that helps in managing the health condition. • In context to the distribution channel, the dominance of retail pharmacies is observable that holds 69% of the market in 2018, and it is forecasted to witness a growth rate of 6.7%. Factors like the requirement of expert understanding for distributing the devices and specific regulations regulating the market are the boosting factors for the industry in this segment.


Market Summary Key Players: iRhythm Technologies, Welch Allyn, Applied Cardiac Systems, Medtronic, Biotelemetry, Cardiac Science Corporation, Spacelabs Healthcare, Fukuda Denshi, Preventice Solutions, Jude Medical, Nihon Kohden Corporation, AliveCor, and NUUBO Smart Solutions Technologies. Segmentation: For the purpose of this report, Reports and Data have segmented the global cardiac arrhythmias monitoring devices market based on Device Type, Technology, Application and End-user, and Region: Device Type Outlook (Revenue, USD Billion; 2016-2026) •Mobile Cardiac Telemetry Devices •Resting ECG Devices •Holter Monitors •ECG Stress Test Devices •Ambulatory ECG Technology Type Outlook (Revenue, USD Billion; 2016-2026) •Mobile Cardiac Telemetry Monitoring (MCT/MCOT) •Digital Health Technology •Smart Wearable ECG Monitors •Artificial Intelligence

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Market Summary Application Type Outlook (Revenue, USD Billion; 2016-2026) •Ventricular Fibrillation •Atrial Fibrillation •Bradycardia •Premature Contraction •Conduction Disorders •Tachycardia End-user Outlook (Revenue, USD Billion; 2016-2026) •Hospitals •Diagnostic Centers •Ambulatory Surgical Centers •Homecare Settings •R&D Centers Regional Outlook (Revenue, USD Billion; 2016-2026) •North America •Europe •Asia Pacific •MEA •Latin America

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The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period?

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About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com

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Cardiac Arrhythmias Monitoring Devices Market By Reports and Data  

Market Size – USD 5.27 Billion in 2018, Market Growth - CAGR of 6.5%, Market Trends –Effective detection of arrhythmias.

Cardiac Arrhythmias Monitoring Devices Market By Reports and Data  

Market Size – USD 5.27 Billion in 2018, Market Growth - CAGR of 6.5%, Market Trends –Effective detection of arrhythmias.

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