Cardiac Arrhythmia Monitoring Devices Market Study by Regional Outlook and Competitive Landscape to 2026

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Cardiac Arrhythmia Monitoring Devices Market
Trends Information and Competitive Landscape
Scenario to 2026

• The cardiac arrhythmia monitoring devices market
  is expected to witness exponential growth based
  on rising cases of cardiovascular diseases and
  increasing need for health monitoring solutions.
  Adoption of hectic lifestyle and unhealthy habits
  like excess consumption of sugar-rich diet,
  smoking, lack of physical activity and alcoholism
  cause a number of chronic cardiovascular diseases
  (CVDs).
• According to reports, arrhythmia and sudden
  cardiac death (SCD) account for a major public
  health issue globally, constituting almost 15 to
  20 of all deaths. The U.S alone has an estimated
  180,000300,000 deaths annually from sudden
  cardiac arrests.
• This has compelled several manufacturers to
  develop advanced cardiac arrhythmia monitoring
  devices with enhanced portability and detection
  features. For patients suffering from arrhythmia,
  monitoring heart condition is a crucial part for
  maintaining overall health.

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• These remote monitoring devices help lower the
  risk of hospitalization and offer early detection
  than other clinical alternatives. Moreover,
  patients with remote monitoring systems usually
  have a 2x probability of survival. According to a
  report published by Global Market Insights, Inc.,
  the cardiac arrhythmia monitoring devices market
  had garnered a valuation of more than USD 5.7
  billion in 2019 and is anticipated to record a
  CAGR of 6.8 by the end of 2026.

• Drastic lifestyle changes come as the prominent
  cause of CVDs, specifically cardiac arrhythmias.
  With surging burden of bradycardia, atrial
  fibrillation, and atrial flutter, the demand for
  continuous monitoring and diagnosis of cardiac
  parameters is estimated to thriftily rise by the
  end of the projected timeframe.

• In terms of end-use, the cardiac arrhythmia
  monitoring devices industry is bifurcated into
  diagnostic centers, hospitals and clinics,
  homecare settings and ambulatory surgical
  centers. Out of these, the homecare settings
  segment is projected to witness remarkable
  growth, accounting for almost USD 950 million by
  the end of 2026. Growing inclination towards
  remote patient monitoring systems, especially
  across emerging countries, could proliferate
  industry growth over the forthcoming years.

• Growing emergence of smart wearable cardiac
  devices that facilitates continuous monitoring
  even at remote locations could enhance the
  business outlook in the future. Hence, rising
  availability of such devices supported by
  burgeoning disposable income could broaden the
  revenue stream for monitoring device
  manufacturers.

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• Regional Analysis

• On the regional front, Europe is considered to be
  a promising market for the developers of cardiac
  arrhythmia monitoring devices. Earlier in 2019,
  the regional market had generated USD 1.7 billion
  and is currently in line to record considerable
  revenue growth within the forecasted timeframe.
  Factors like strong presence of prominent
  industry participants along with booming
  geriatric patient pool could play a vital role in
  driving the demand for cardiac monitoring
  instruments in Europe.

• Competitive Analysis

• Key players operating in cardiac arrhythmia
  monitoring devices market are Applied Cardiac
  Systems, AliveCor, Biotronik, Biotricity,
  BioTelemetry, GE Healthcare, iRhythm
  Technologies, Koninklijke Philips N.V., Medtronic
  plc, Nihon Kohden Corporation, St. Jude Medical
  (Abbott Laboratories), Spacelabs Healthcare (OSI
  Systems, Inc.), Welch Allyn (Hillrom Services,
  Inc.)

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Monitoring Devices Market _at_ https//www.gminsight
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