Global Ambulatory Cardiac Monitoring Devices Market 2018-2022 | Development of New Products | Technavio

Technavio has published a new market research report on the global ambulatory cardiac monitoring devices market from 2018-2022. (Graphic: Business Wire)

LONDON--()--The global ambulatory cardiac monitoring devices market 2018-2022 is expected to post a CAGR of more than 5% during the forecast period, according to the latest market research report by Technavio.

A key factor driving the growth of the market is the rise in approvals and clearances for ambulatory cardiac monitoring devices. Companies that manufacture ambulatory cardiac monitoring devices constantly invest in R&D and focus on obtaining approvals from government organizations such as the FDA to commercialize their products. Recently, the number of approvals that ambulatory cardiac monitoring devices received has increased.

This market research report on the global ambulatory cardiac monitoring devices market 2018-2022 also provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Technavio classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.

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In this report, Technavio highlights the development of new products as one of the key emerging trends in the global ambulatory cardiac monitoring devices market:

Global ambulatory cardiac monitoring devices market: Development of new products

Continuous product development and R&D encourages other vendors to invest heavily in developing advanced products to maintain their position in the market. Therefore, the introduction of new product supports the revenue inflow of the market.

“The growing popularity of extended continuous cardiac monitoring is expected to gain traction in the market. Ambulatory heart rate monitoring has significantly impacted the possibility of making continuous clinical diagnoses. A major percentage of atrial fibrillations happens suddenly and is not symptomatic and difficult to document. Hence, the trend of using extended continuous cardiac monitoring for early detection of arrhythmias, such as atrial fibrillation is on the rise,” says a senior market research analyst at Technavio for research on cardiovascular devices.

Global ambulatory cardiac monitoring devices market: Segmentation analysis

This market research report segments the global ambulatory cardiac monitoring devices market by product (ECG, event monitors, and telemetry devices) and geographical regions (APAC, EMEA, and the Americas).

The Americas led the market in 2017 with a market share of more than 49%, followed by APAC and EMEA respectively. The dominance of the Americas can be attributed to the high instances of CVDs in North America. R&D and clinical trials of new ambulatory clinic have also surged in the region.

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Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market sizing
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at media@technavio.com.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com

Release Summary

The global ambulatory cardiac monitoring devices market 2018-2022 is expected to post a CAGR of more than 5%, according to Technavio.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com