The
global Arrhythmia Monitoring Devices Market size is
expected to reach USD 8.41 billion in 2025 with a CAGR of 6.8% during the
forecast period, according to a new report by Grand View Research, Inc.
Continuous R&D activities in the field of cardiac monitoring are leading to
technological expansion. This, in turn, is positively influencing the growth of
the arrhythmia monitoring devices market. Wearable diagnostic patch by iRhythm
Technologies, Inc., Zio, has led to symptomatic arrhythmia monitoring, which is
superior in comparison to conventional Holter monitors.
Big pharma
and medical device companies are heavily investing in R&D to perform a
detailed mapping of cardiac arrhythmia. In February 2018, Medtronic received
FDA clearance for the first non-invasive cardiac mapping system, CardioInsight.
It includes wearable 252-electrode sensor vest that creates 3D electroanatomic
maps of heart by combining data from a cardiac computed tomography scan with
ECG signals collected from the chest region.
In addition
to these technologies, emergence and advancements in mobile cardiac telemetry
are leading to further progress of the overall market. In October 2017, Abbott
received FDA clearance for Confirm Rx, a smartphone-compatible implantable
cardiac monitor indicated for arrhythmia diagnosis. Boston Scientific announced
its FDA approval for Resonate, a line of cardiac resynchronization therapy
defibrillator and cardioverter defibrillator systems for the cardiac
management.
Browse
Details of Report @
https://www.grandviewresearch.com/industry-analysis/arrhythmia-monitoring-devices-market
https://www.grandviewresearch.com/industry-analysis/arrhythmia-monitoring-devices-market
Further
key findings from the report suggest:
- The arrhythmia monitoring devices market is highly competitive and
is rapidly evolving with numerous potential market players
- Holter monitors dominated the market in terms of revenue in 2017.
On the other hand, mobile cardiac telemetry is expected to witness the
fastest growth rate during the forecast period
- Atrial fibrillation dominated the market in terms of revenue in
2017. The growth in the number of untreated cases of arrhythmias are
leading to increasing need for advanced cardiac monitoring devices
- Heightened adoption of sophisticated technologies has led to the
expansion of the market. Kardia Mobile by AliveCor captures ECG in 30
seconds projecting the heart rhythm for conditions such as atrial
fibrillation
- The hospitals and clinics segment held the largest share in the
market in 2017. On the other hand, diagnostic centers are likely to
experience the fastest growth over the forecast period
- North America commanded the leading share in the market in 2017 due
to faster regulatory approvals for innovative devices and procedures
- AliveCor, Inc.; Applied Cardiac Systems; BioTelemetry, Inc.;
BIOTRONIK; Fukuda Denshi Co., Ltd.; GE Healthcare; iRhythm; Medi-Lynx; St.
Jude Medical (Abbott); Medtronic; Nihon Kohden Corporation; Nuubo; and
Spacelabs Healthcare are some of the key players operating in this market.
About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
Blog: https://healthcareforecastreport.blogspot.com/
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
Blog: https://healthcareforecastreport.blogspot.com/
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