Global Cardiac Arrhythmia Monitoring Devices Market: Industry Analysis and Forecast (2020-2026) By Device, Application, End-Users and Region

Global Cardiac Arrhythmia Monitoring Devices Market size is expected to reach US$ 8.9 Bn. by year 2026 at a CAGR of 6.9% during the forecast period.

Global Cardiac Arrhythmia Monitoring Devices Market Overview:

Cardiac arrhythmia monitoring devices detect and alarm the heartbeats that are irregular being either too slow or too fast. This device records heart, rhythm, and abnormalities in heart functioning. Heart rhythm problems occur during the electrical impulses, which coordinate heartbeats that don’t work properly, causes the heart to beat either too slow or too fast.

Global Cardiac Arrhythmia Monitoring Devices Market Dynamics:

Increasing occurrences of cardiovascular and rising cases of atrial fibrillation, which is a common type of arrhythmia, are the major drivers for the market growth. Atrial fibrillation is a rapid heart rate caused by chaotic electrical impulses in the atria. According to the Centres for Disease Control and Prevention (CDC), approximately 2 % of people younger than 65 years old are affected by atrial fibrillation, while about 9 % of people ages 65 and older have it. In 2018, 175,326 deaths were registered due to atrial fibrillation in the United States. Hence, it has increased demand for the adoption of cardiac arrhythmia monitoring devices, which in turn fuels the market growth. An increase in smoking, rise in consumption of alcohol and caffeine, changing lifestyle, rise in obese population and other factors causing arrhythmia also drive the demand for monitoring devices for continuous diagnosis. Technological advancements, rising investments in connected devices, cardiology informatics, and mobile solutions for advanced cardiac care positively influence the market growth. In June 2019, Zoll Medical announced the launch of Zoll HFAMS, a patch-based wearable heart control system that manages heart rhythm, respiratory rate, and heart rate. Customer demand would rise as a result of such advances, affecting business growth even more. However, certain factors like the high cost of these monitoring devices, lack of skilled professionals and negative effects of some cardiac monitoring devices may restrain the market from growing. The report has profiled fifteen key players in the market from different regions. However, the report has considered all market leaders, followers and new entrants with investors while analyzing the market and estimation the size of the same. Increasing R&D activities in each region are different and focus is given on the regional impact on the cost, availability of advanced technology are analyzed and report has come up with recommendations for a future hot spot in APAC region.

Global Cardiac Arrhythmia Monitoring Devices Market Segment Analysis:

The global Cardiac Arrhythmia Monitoring Devices Market is segmented on the basis of device, application and end-users. Based on Devices, the Holter monitor segment dominated the global market in the year 2019 by holding a share of 25.19%. The segment growth is attributed to the introduction of wireless wearable technology in cardiac Holter monitoring. These devices can be used for diagnosing sporadic symptoms in suffering patients for longer durations. They also offer faster and convenient monitoring to increase patient compliance and are likely to enhance treatment outcome. According to the news released on February 2021, Remote cardiac monitoring vendor RhythMedix released its next-generation RhythmStar wearable device with built-in 4G cellular connectivity. The novel cardiac telemetry monitor is discreetly worn for extended remote monitoring without the need for an additional phone or communication device. Based on the Application, the Atrial Fibrillation segment is expected to dominate the global market during forecast years as it is the most common type of arrhythmia. It has a high risk of stroke and blood clotting. In many cases, it remains undiagnosed in clinical practices with conventional monitoring, resulting in inadequate treatment at the right time. Therefore, monitoring of atrial fibrillation requires enhanced technological devices for diagnosis that can help overcome limitations imposed by conventional technologies. Global Cardiac Arrhythmia Monitoring Devices Market To know about the Research Methodology :- Request Free Sample Report

Global Cardiac Arrhythmia Monitoring Devices Market Regional Insights:

North America is expected to dominate the global Cardiac Arrhythmia Monitoring Devices market. Due to the increasing adoption of advanced cardiovascular solutions and well-established healthcare infrastructure, the market in the US region is expected to witness lucrative growth. Other factors increasing incidence of cardiovascular diseases, increasing healthcare expenditure, growing disposable income and growing healthcare awareness are the factors contributing to the market growth. According to the American Heart Association (AHA), about 8,36,546 individuals die from cardiovascular diseases in the United States each year and nearly 92.1 million Americans are living with some form of cardiovascular disease. As per the estimates of the CDC, around 2.7-6.1 million people in the United States have Atrial Fibrillation (Afib). This increasing number of individuals is found driving the overall market. The report also helps in understanding the Global Cardiac Arrhythmia Monitoring Devices Market dynamics, structure by analyzing the market segments and project the Global Cardiac Arrhythmia Monitoring Devices Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Cardiac Arrhythmia Monitoring Devices Market make the report investor’s guide.

Global Cardiac Arrhythmia Monitoring Devices Market Key Developments:

• In May 2019, a next-generation heart monitor for cardiac arrhythmia detection was launched in U.S. and Europe by Abbott. This launch offered business expansion in developing economies. • In January 2020, Biotronik launched a new injectable cardiac monitor, BIOMONITOR III. This device allows the detection of irregular heart rhythm. This new technological development will increase the growth potential of the company.

Global Cardiac Arrhythmia Monitoring Devices Market Scope: Inquire before buying

Global Cardiac Arrhythmia Monitoring Devices Market 2

Global Cardiac Arrhythmia Monitoring Devices Market, by Region:

• North America • Europe • South America • MEA • APAC

Global Cardiac Arrhythmia Monitoring Devices Market Key Players:

• GE Healthcare • Fukuda Denshi Co., Ltd. • Biotronik, Inc. • Abbott Laboratories • Biotelemetry, Inc. • Spacelabs Healthcare, Inc. • AliveCor, Inc. • NUUBO Smart Solutions Technologies • Koninklijke Philips N.V. • Medronic, Plc. • Welch Allyn – A Hill-Rom Inc. Company • Nihon Kohden Corporation • Medi-Lynx • iRhythm • ACS Diagnostics • Asahi Kasei Corporation • MicroPort Scientific Corporation
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Cardiac Arrhythmia Monitoring Devices Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2019 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Cardiac Arrhythmia Monitoring Devices Market 3.4. Geographical Snapshot of the Cardiac Arrhythmia Monitoring Devices Market, By Manufacturer share 4. Global Cardiac Arrhythmia Monitoring Devices Market Overview, 2019-2026 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Cardiac Arrhythmia Monitoring Devices Market 5. Supply Side and Demand Side Indicators 6. Global Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecast, 2019-2026 6.1. Global Cardiac Arrhythmia Monitoring Devices Market Size & Y-o-Y Growth Analysis. 7. Global Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecasts, 2019-2026 7.1. Market Size (Value) Estimates & Forecast By Device, 2019-2026 7.1.1. Holter monitor 7.1.2. Event recorder 7.1.3. Mobile cardiac telemetry 7.1.4. Implantable cardiac monitor 7.1.5. Electrocardiogram (ECG) monitor 7.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 7.2.1. Atrial Fibrillation 7.2.2. Bradycardia 7.2.3. Premature Contraction 7.2.4. Tachycardia 7.2.5. Ventricular Fibrillation 7.3. Market Size (Value) Estimates & Forecast By End-Users, 2019-2026 7.3.1. Hospitals and clinics 7.3.2. Diagnostic centers 7.3.3. Ambulatory surgical centers 7.3.4. Homecare settings 8. Global Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2019-2026 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecasts, 2019-2026 9.1. Market Size (Value) Estimates & Forecast By Device, 2019-2026 9.1.1. Holter monitor 9.1.2. Event recorder 9.1.3. Mobile cardiac telemetry 9.1.4. Implantable cardiac monitor 9.1.5. Electrocardiogram (ECG) monitor 9.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 9.2.1. Atrial Fibrillation 9.2.2. Bradycardia 9.2.3. Premature Contraction 9.2.4. Tachycardia 9.2.5. Ventricular Fibrillation 9.3. Market Size (Value) Estimates & Forecast By End-Users, 2019-2026 9.3.1. Hospitals and clinics 9.3.2. Diagnostic centers 9.3.3. Ambulatory surgical centers 9.3.4. Homecare settings 10. North America Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecasts, 2019-2026 11.1. Market Size (Value) Estimates & Forecast By Device, 2019-2026 11.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 11.3. Market Size (Value) Estimates & Forecast By End-Users, 2019-2026 12. Canada Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecasts, 2019-2026 12.1. Market Size (Value) Estimates & Forecast By Device, 2019-2026 12.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 12.3. Market Size (Value) Estimates & Forecast By End-Users, 2019-2026 13. Mexico Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecasts, 2019-2026 13.1. Market Size (Value) Estimates & Forecast By Device, 2019-2026 13.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 13.3. Market Size (Value) Estimates & Forecast By End-Users, 2019-2026 14. Europe Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecasts, 2019-2026 14.1. Market Size (Value) Estimates & Forecast By Device, 2019-2026 14.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 14.3. Market Size (Value) Estimates & Forecast By End-Users, 2019-2026 15. Europe Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecasts, 2019-2026 16.1. Market Size (Value) Estimates & Forecast By Device, 2019-2026 16.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 16.3. Market Size (Value) Estimates & Forecast By End-Users, 2019-2026 17. France Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecasts, 2019-2026 17.1. Market Size (Value) Estimates & Forecast By Device, 2019-2026 17.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 17.3. Market Size (Value) Estimates & Forecast By End-Users, 2019-2026 18. Germany Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecasts, 2019-2026 18.1. Market Size (Value) Estimates & Forecast By Device, 2019-2026 18.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 18.3. Market Size (Value) Estimates & Forecast By End-Users, 2019-2026 19. Italy Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecasts, 2019-2026 19.1. Market Size (Value) Estimates & Forecast By Device, 2019-2026 19.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 19.3. Market Size (Value) Estimates & Forecast By End-Users, 2019-2026 20. Spain Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecasts, 2019-2026 20.1. Market Size (Value) Estimates & Forecast By Device, 2019-2026 20.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 20.3. Market Size (Value) Estimates & Forecast By End-Users, 2019-2026 21. Sweden Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecasts, 2019-2026 21.1. Market Size (Value) Estimates & Forecast By Device, 2019-2026 21.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 21.3. Market Size (Value) Estimates & Forecast By End-Users, 2019-2026 22. CIS Countries Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecasts, 2019-2026 22.1. Market Size (Value) Estimates & Forecast By Device, 2019-2026 22.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 22.3. Market Size (Value) Estimates & Forecast By End-Users, 2019-2026 23. Rest of Europe Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecasts, 2019-2026 23.1. Market Size (Value) Estimates & Forecast By Device, 2019-2026 23.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 23.3. Market Size (Value) Estimates & Forecast By End-Users, 2019-2026 24. Asia Pacific Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecasts, 2019-2026 24.1. Market Size (Value) Estimates & Forecast By Device, 2019-2026 24.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 24.3. Market Size (Value) Estimates & Forecast By End-Users, 2019-2026 25. Asia Pacific Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecasts, 2019-2026 26.1. Market Size (Value) Estimates & Forecast By Device, 2019-2026 26.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 26.3. Market Size (Value) Estimates & Forecast By End-Users, 2019-2026 27. India Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecasts, 2019-2026 27.1. Market Size (Value) Estimates & Forecast By Device, 2019-2026 27.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 27.3. Market Size (Value) Estimates & Forecast By End-Users, 2019-2026 28. Japan Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecasts, 2019-2026 28.1. Market Size (Value) Estimates & Forecast By Device, 2019-2026 28.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 28.3. Market Size (Value) Estimates & Forecast By End-Users, 2019-2026 29. South Korea Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecasts, 2019-2026 29.1. Market Size (Value) Estimates & Forecast By Device, 2019-2026 29.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 29.3. Market Size (Value) Estimates & Forecast By End-Users, 2019-2026 30. Australia Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecasts, 2019-2026 30.1. Market Size (Value) Estimates & Forecast By Device, 2019-2026 30.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 30.3. Market Size (Value) Estimates & Forecast By End-Users, 2019-2026 31. ASEAN Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecasts, 2019-2026 31.1. Market Size (Value) Estimates & Forecast By Device, 2019-2026 31.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 31.3. Market Size (Value) Estimates & Forecast By End-Users, 2019-2026 32. Rest of Asia Pacific Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecasts, 2019-2026 32.1. Market Size (Value) Estimates & Forecast By Device, 2019-2026 32.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 32.3. Market Size (Value) Estimates & Forecast By End-Users, 2019-2026 33. Middle East Africa Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecasts, 2019-2026 33.1. Market Size (Value) Estimates & Forecast By Device, 2019-2026 33.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 33.3. Market Size (Value) Estimates & Forecast By End-Users, 2019-2026 34. Middle East Africa Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2019-2026 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecasts, 2019-2026 35.1. Market Size (Value) Estimates & Forecast By Device, 2019-2026 35.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 35.3. Market Size (Value) Estimates & Forecast By End-Users, 2019-2026 36. GCC Countries Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecasts, 2019-2026 36.1. Market Size (Value) Estimates & Forecast By Device, 2019-2026 36.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 36.3. Market Size (Value) Estimates & Forecast By End-Users, 2019-2026 37. Egypt Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecasts, 2019-2026 37.1. Market Size (Value) Estimates & Forecast By Device, 2019-2026 37.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 37.3. Market Size (Value) Estimates & Forecast By End-Users, 2019-2026 38. Nigeria Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecasts, 2019-2026 38.1. Market Size (Value) Estimates & Forecast By Device, 2019-2026 38.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 38.3. Market Size (Value) Estimates & Forecast By End-Users, 2019-2026 39. Rest of ME&A Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecasts, 2019-2026 39.1. Market Size (Value) Estimates & Forecast By Device, 2019-2026 39.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 39.3. Market Size (Value) Estimates & Forecast By End-Users, 2019-2026 40. South America Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecasts, 2019-2026 40.1. Market Size (Value) Estimates & Forecast By Device, 2019-2026 40.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 40.3. Market Size (Value) Estimates & Forecast By End-Users, 2019-2026 41. South America Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2019-2026 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecasts, 2019-2026 42.1. Market Size (Value) Estimates & Forecast By Device, 2019-2026 42.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 42.3. Market Size (Value) Estimates & Forecast By End-Users, 2019-2026 43. Argentina Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecasts, 2019-2026 43.1. Market Size (Value) Estimates & Forecast By Device, 2019-2026 43.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 43.3. Market Size (Value) Estimates & Forecast By End-Users, 2019-2026 44. Rest of South America Cardiac Arrhythmia Monitoring Devices Market Analysis and Forecasts, 2019-2026 44.1. Market Size (Value) Estimates & Forecast By Device, 2019-2026 44.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 44.3. Market Size (Value) Estimates & Forecast By End-Users, 2019-2026 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Cardiac Arrhythmia Monitoring Devices Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. GE Healthcare 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Fukuda Denshi Co., Ltd. 45.3.3. Biotronik, Inc. 45.3.4. Abbott Laboratories 45.3.5. Biotelemetry, Inc. 45.3.6. Spacelabs Healthcare, Inc. 45.3.7. AliveCor, Inc. 45.3.8. NUUBO Smart Solutions Technologies 45.3.9. Koninklijke Philips N.V. 45.3.10. Medronic, Plc. 45.3.11. Welch Allyn – A Hill-Rom Inc. Company 45.3.12. Nihon Kohden Corporation 45.3.13. Medi-Lynx 45.3.14. iRhythm 45.3.15. ACS Diagnostics 45.3.16. Asahi Kasei Corporation 45.3.17. MicroPort Scientific Corporation 46. Primary Key Insights

About This Report

Report ID 96835
Category Medical Devices
Published Date April 2021
Updated Date Nov 2021
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