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Implantable Cardiac Monitor Market Estimated to Reach a US$ 1,464.26 Million Value by 2026

Feb 18th 2019 at 3:49 AM

The expanding database of Market Research Reports Search Engine (MRRSE) has been recently updated by the addition of a new study which is titled as “Implantable Cardiac Monitor Market Estimated to Reach a US$ 1,464.26 Million Value by 2026”. The fact-based research report on the global Implantable Cardiac Monitor market covers various aspects such as trends, drivers, challenges and opportunities that have an influence on the growth and expansion of the global market. All these factors are analyzed across key regions of Latin America, North America, Europe, Middle and Africa (MEA) and the Asia Pacific. In order to provide an accurate forecast, analysts have presented the current market, which forms the basis of how the metal caps and closures market is expected to develop in the future.

The global implantable cardiac monitor market is expected to reach a market value of about US$ 1,464.26 Mn by the end of 2026, expanding at a high single digit CAGR during the forecast period. Rise in the prevalence of cardiac arrhythmia such as atrial fibrillation and bradycardia is likely to boost the global implantable cardiac monitor market. Moreover, technological advancements and rise in the geriatric population across the globe are projected to drive the market. Furthermore, rise in the prevalence of stroke, adoption of and awareness about prolonged ECG monitoring of the heart rhythm, improvements in health care infrastructure, and rise in demand for subcutaneous implanted cardiac monitors are some factors that are expected to boost the global implantable cardiac monitor market during the forecast period. Rise in investments by key players through collaborations, mergers, and acquisition and increase in demand for the development of miniature devices are expected to propel the global implantable cardiac monitor market in the next few years. However, the implantation of cardiac monitors is a time consuming process. This is likely to hamper the market. Moreover, high cost of treatment and stringent regulations related to the approval of implantable devices are expected to hamper the implantable cardiac monitor market. Nevertheless, smartphone compatible cardiac monitors are likely to offer attractive investment opportunities to the global market.

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The global implantable cardiac monitor market report comprises an elaborate executive summary, including a snapshot that provides information on various segments of the market. It also provides information and data analysis of the global market with respect to segments based on arrhythmia, end-user, and region. A detailed qualitative analysis of drivers, restraints, and opportunities of the market has been provided in the market overview section. Additionally, the section comprises a competitive matrix and profiles of key market players, along with business overview, to project the competitive landscape of the market. The section also provides market attractiveness analysis based on region and market share analysis in terms of key players, thereby presenting a thorough analysis of the overall competitive scenario in the global implantable cardiac monitor market.

Based on arrhythmia, the global implantable cardiac monitor market has been segmented into atrial fibrillation, bradycardia, and others. The segments have been analyzed based on available products used during the treatment of chronic diseases and cost-effectiveness. Based on end-user, the global implantable cardiac monitor market has been divided into hospitals, specialized cardiac centers, and ambulatory surgical centers. Market size and forecast for each of these segments have been provided for the period 2018 to 2026, along with their respective CAGR for the forecast period 2016 to 2026, considering 2017 as the base year.

In terms of region, the global implantable cardiac monitor market has been segmented into five major regions: North America (the U.S. and Canada), Europe (the U.K., Germany, France, Spain, Italy, and Rest of Europe), Asia Pacific (India, China, Japan, Australia & New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), and Middle East & Africa (South Africa, GCC Countries, and Rest of Middle East & Africa). Market size and forecast for each of these regions and the mentioned countries have been provided for the period 2018 to 2026, along with their respective CAGR for the forecast period 2016 to 2026, considering 2017 as the base year. The research study also covers the competitive scenario in these regions.

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The report also profiles major players operating in the global implantable cardiac monitor market based on various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments. The players covered in the report include Medtronic, Abbott, Biotronik, Angel Medical Systems, Inc., vectoriousmedtech.com, Boston Scientific Corporation or its affiliates, and Biosense Webster, Inc.

The global implantable cardiac monitor market has been segmented as below:

Global Implantable Cardiac Monitor Market, by Arrhythmia

Atrial Fibrillation

Bradycardia

Others

Global Implantable Cardiac Monitor, by End-user

Hospitals

Specialized Cardiac Centers

Ambulatory Surgical Centers

Global Implantable Cardiac Monitor Market, by Region

North America

U.S.

Canada

Europe

U.K.

Germany

France

Italy

Spain

Rest of Europe

Asia Pacific

India

China

Japan

Australia & New Zealand

Rest of Asia Pacific

Latin America

Brazil

Mexico

Rest of Latin America

Middle East & Africa

South Africa

GCC Countries

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