LONDON--(BUSINESS WIRE)--Technavio has been monitoring the global arrhythmia monitoring devices market and the market is poised to grow by USD 2.37 billion during 2019-2023 at a CAGR of almost 8% during the forecast period. Request Free Sample Pages
Read the 133-page research report with TOC on "Arrhythmia Monitoring Devices Market Analysis Report by Product (ECG and Holter monitors, Implantable cardiac monitors, and Cardiac event monitors), by Geography (Asia, Europe, North America, and ROW), and Segment Forecasts, 2019 - 2023".
The market is driven by the growing number of cardiac conditions resulting from irregularity in heart rhythms and other chronic diseases. In addition, the presence of catheterization laboratories and a trial fibrillation integrated care clinics is anticipated to further boost the growth of the arrhythmia monitoring devices market.
Structural heart diseases such as cardiomyopathy can lead to arrhythmia by developing ventricular tachycardia and ventricular fibrillation. This causes the heart’s lower chamber to stop pumping blood to the body, causing arrhythmia. The condition can also lead to cardiac arrest. Patients suffering from chronic liver and kidney conditions and thyroidism are also susceptible to developing arrhythmia. The growing prevalence of these risk factors is driving the demand for arrhythmia monitoring devices.
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Major Five Arrhythmia Monitoring Devices Market Companies:
Abbott
Abbott is headquartered in the US and operates the business under various segments such as Cardiovascular and Neuromodulation, Diagnostics, Nutritionals, Established Pharmaceuticals, and Other. The company offers a compact device, Confirm Rx insertable cardiac monitor.
BioTelemetry, Inc.
BioTelemetry, Inc. is headquartered in the US and offers products through the following business units: Healthcare, Research, and Other. The company offers MCT 1 lead patch and MCT 3 lead system.
GENERAL ELECTRIC
GENERAL ELECTRIC is headquartered in the US and operates under various business segments, namely Power, Renewable Energy, Oil & Gas, Aviation, Healthcare, Transportation, and Lighting. The company offers a virtual ECG device, MAC VU360 Resting ECG Workstation.
Hill-Rom Holdings, Inc.
Hill-Rom Holdings, Inc. is headquartered in the US and offers products through the following business segments: Patient Support Systems, Front Line Care, and Surgical Solutions. The company offers Connex Cardio ECG and H12+ Digital Holter Recorder to various end-users including hospitals, clinics, and diagnostic centers.
Koninklijke Philips N.V.
Koninklijke Philips N.V. is headquartered in the Netherlands and offers products through the following business segments: Personal Health businesses, Diagnosis & Treatment businesses, Connected Care & Health Informatics businesses, and Other. The company offers DigiTrak XT and IntelliVue telemetry system to various end-users including hospitals and clinics.
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Arrhythmia Monitoring Devices Product Outlook (Revenue, USD Million, 2019 - 2023)
- ECG and Holter monitors
- Implantable cardiac monitors
- Cardiac event monitors
Arrhythmia Monitoring Devices Regional Outlook (Revenue, USD Million, 2019 - 2023)
- Asia
- Europe
- North America
- ROW
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