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Implantable Loop Recorders Market

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Global Implantable Loop Recorders Market was valued $469.0 Million in 2018, and is projected to reach $813.5 Million by 2025; with a CAGR of 8.4% from 2019 to 2025. – PowerPoint PPT presentation

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Title: Implantable Loop Recorders Market


1
Global Implantable Loop Recorders Market 2019
2025
  • Published by Accurize Market Research Pvt. Ltd.

2
Implantable Loop Recorders Market is Estimated to
Reach 813.5 Million By 2025
  • Global Implantable Loop Recorders Market Report,
    published by Accurize Market Research, forecast
    that the global market is expected to reach
    813.5 Million by 2025, growing at a CAGR of 8.4
    from 2019 to 2025.
  • In terms of volume, the market was valued 181.4
    Million Units in 2018, and is expected to reach
    320.4 Million Units by 2025, growing at a CAGR of
    8.7 from 2019 to 2025. 
  • North America dominated the global implantable
    loop recorders market with around half of the
    global market share in 2018, and anticipated to
    hold the major market share till 2025.
  • Request Sample https//www.accurizemarketresearch
    .com/report/implantable-loop-recorders-market/samp
    le-request

3
Market Introduction and Market Dynamics
  • An implantable loop recorder is a small size
    device which can be implanted below the patients
    skin, just near the chest, to record the heart
    activity. These devices are majorly used to
    detect irregular heart rates.
  • It is often used to help find a cause for
    recurrent unexplained syncope when there is a
    strong suspicion of a heart rhythm cause but all
    other simple tests have been normal.

4
Market Introduction and Market Dynamics
  • The device continuously monitors cardiac activity
    and stores the information in its memory. Rise in
    prevalence of cardiovascular diseases, improved
    reimbursement policies for the treatment of
    bradycardia and cardiac arrhythmia, and rise in
    the geriatric population are the major factors
    boosting the growth of implant loop recorders
    market.
  • In the coming years, emerging applications across
    novel fields of clinical research of medical
    devices are expected to open new avenues in the
    ILR market. Moreover, the increase in awareness
    about devices and treatment options for cardiac
    disorders will create lucrative opportunities for
    the key players in this market. Additionally,
    untapped market in emerging economies would
    provide several growth opportunities in
    forecasted years.

5
Market Segmentation and Crisp Analysis
  • The global implantable loop recorders market has
    been classified on the basis of indication,
    end-users, distribution channel, and
    compatibility. By indication, the market is
    segmented into Atrial Fibrillation, Cryptogenic,
    and Syncope stroke.
  • By end-users the market is bifurcated into
    clinics and hospitals. By compatibility, the
    market is segmented into Smartphone compatible
    and Smartphone incompatible. By distribution, the
    segments considered in the report are direct
    sales and distribution.
  • In terms of revenue, cryptogenic segment
    generated the maximum revenue in 2018, in the
    indication type segment, and expected to reach
    the revenue share of 76.1 by 2020.

6
Market Segmentation and Crisp Analysis
  • The market growth for this segment is attributed
    to the growing incidence of cardiac arrhythmias
    and high mortality rate for cardiac diseases
    including atrial fibrillation.
  • The atrial fibrillation indication segment
    accounted for the second highest market revenue
    in 2018, and expected to grow at the fastest CAGR
    of 9.0 during the forecast period.
  • Customize Report https//www.accurizemarketresear
    ch.com/report/implantable-loop-recorders-market/as
    k-for-customization

7
Regional Segmentation and Crisp Analysis
  • By region, the market is segmented into North
    America, Europe, Asia-Pacific, and Rest of the
    World. North America covers the U.S., and Canada.
    Europe covers UK, Germany, France, Russia, and
    Rest of Europe.
  • Asia-Pacific covers China, India, Japan, Korea,
    and Rest of Asia-Pacific. Rest of the World
    covers Middle East and Africa, including GCC
    countries. South America market size has been
    separately mentioned in the report.
  • North America dominated the market in 2018 with
    a market share of 40.9, and projected to attain
    a CAGR growth of 7.8, from 2019 2025.

8
Regional Segmentation and Crisp Analysis
  • The growth would be majorly driven by increasing
    adoption of these devices, as the market is
    highly driven by the technological innovation
    implemented in this sector.
  • Moreover, increase in cardiac diseases and rise
    in prevalence of cardiovascular diseases in the
    U.S. and strategic presence of key manufacturers
    in the U.S. and Canada is projected to boost the
    demand for effective treatment solutions.
    Asia-Pacific is anticipated to attain the fastest
    CAGR of 9.7 during the forecast period 2019
    2025.

9
Manufacturers Competitive Analysis
  • The top players operating in the market are
    frequently investing on research development
    and are planning to increase their presence in
    the untapped emerging economies.
  • The few dominant players accounts for the
    majority of the market share. Major companies
    operating in the global Implantable Loop
    Recorders Market are Medtronic, Abbott, and
    Biotronic. These three manufacturers have
    accounted for the major market share of ILR
    devices globally.
  • In the Asia-Pacific region, the key manufacturers
    have collaborated with government bodies to
    provide effective and innovative cardiac
    solutions.
  • In addition, the government and private sector
    authorities have strived to provide favorable
    reimbursement schemes for treatment of cardiac
    disorders in developing and underdeveloped
    economies which would definitely support key
    players to expand their business in this region.

10
Scope of the Report
  • The scope of the report covers in-depth analysis
    of the market in terms of both qualitative and
    quantitative analysis across the segments as well
    as cross-sectional analysis of the segments
    including the geographies and its countries.
  • Key companies operating in this market and their
    company profile along with the market share
    analysis and competitive scenario is also the
    part of the report.
  • Furthermore, different industries clients
    information has been provided in the report which
    is very important for the manufacturers.
    Manufacturers data, including revenue,
    shipment, revenue share, shipment share, and
    gross profit have been also included, which
    provide better understanding of the market
    competition.
  • Also, the future market players such as Boston
    Scientific and GE healthcare have been covered in
    the report with their estimated revenue, volume,
    and volume share on the both global, and the U.S.
    level.

11
Our Expertise
  • Destined by the dedicated team of analysts and
    experts, we are envisioned to provide you our
    best in order to plan your next strategic across
    several industry verticals. AMR has developed
    advanced analyst tools and data models to enhance
    and augment the analysis process.
  • Corresponding to markets, where there is
    momentous lack of information and estimates,
    AMRs team of experts and analyst practice
    specific analyst tools and industry models to
    translate qualitative and quantitative industry
    indicators into exact industry estimates.
  • These models also allow analysts to inspect the
    prospects and opportunities existing in the
    market to achieve specific forecast of the market.

12
Our Expertise
  • The Key Opinion Leaders (KOLs) of the respective
    industry are interviewed and their insights are
    matched with our findings and database we have
    and thus we validate our estimates, forecast and
    provide you the analysis.
  • We put together our effort and prepare an
    inclusive questionnaire depending on the title of
    the market we are tracking and extract the
    important information we require to validate our
    findings.
  • Also, we have top five global knowledge partners
    such as Bloomberg, SP Global, and Dow Jones,
    among others for ultimate data validation,
    prepared by our research team.

13
Contact Us
  • Accurize Market Research Pvt. Ltd.
  • PUNE OFFICE 306, ZEN BUSINESS CENTER,
  • WAKAD, NEAR BHUMKAR CHOWK,
  • MUMBAI BANGALORE HIGHWAY,
  • PUNE-411057
  • Email help_at_accurizemarketresearch.com
  • Contact No 1-339-368-6383
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