The global cardiac monitoring and diagnostic devices market has been projected to grow at a CAGR of 8.46% market during 2020-2027. The cardiac monitoring and diagnostic devices market is anticipated to undergo satisfactory and gradual growth during the forecast period. The significant prevalence of cardiovascular diseases, the technological evolution of cardiac monitoring devices, ease in terms of portability of these devices significantly favor the growth of this market.
The growth of the cardiac monitoring and diagnostic devices market is majorly driven by the rising incidence of cardiovascular diseases, growing preference for home care instruments, and private institutional nursing. Lack of appropriate healthcare personnel with specific skills in cardiac monitoring and electrocardiography and lesser reimbursement to cardiac monitoring are some major factors that may hold back the growth of this market. At present ECG systems hold the largest revenue share in the overall cardiac monitoring and diagnostic systems market.
According to the recent report published by Research Corridor, the Global Cardiac Monitoring and Diagnostic Devices Market is expected to provide sustainable growth opportunities during the forecast period from 2020 to 2027. This latest industry research study analyzes the Cardiac Monitoring and Diagnostic Devices market by various product segments, applications, regions and countries while assessing regional performances of numerous leading market participants.
The report titled “Cardiac Monitoring and Diagnostic Devices Market (add report link to keyword) – Global Trends, Market Share, Industry Size, Growth, Opportunities, and Forecast – 2020 – 2027” offers a holistic view of the Cardiac Monitoring and Diagnostic Devices industry encompassing numerous stakeholders including raw material suppliers, providers, distributors, consumers and government agencies, among others. Furthermore, the report includes detailed quantitative and qualitative analysis of the global Cardiac Monitoring and Diagnostic Devices market considering market history, product development, regional dynamics, competitive landscape, and key success factors (KSFs) in the industry.
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The report includes a deep-dive analysis of key countries including the U.S., Canada, the U.K., Germany, France, China, Japan, India, Australia, Mexico, Brazil and South Africa, among others. Thereby, the report identifies unique growth opportunities across the world based on trends occurring in various developed and developing economies.
Cardiac Monitoring and Diagnostic Devices Market report summarizes the positive growth rate in upcoming years, and market size with competitive analysis. Our experts have analyzed the historical data to compare with the current market scenario to calculate the market growth in the coming years. The study provides an exhaustive report that includes an executive summary, scope, and forecast of the market.
For the purpose of this study, the global cardiac monitoring and diagnostic devices market is categorized into device types such as electrocardiogram (ECG) systems (resting ECG systems and stress ECG systems), holter monitors, event monitors, implantable loop recorders, ECG management systems, cardiovascular diagnostic catheters, magnetic resonance imaging (MRI), cardiac CTs, cardiac PET scans, doppler fetal monitors, myocardial perfusion scans, nuclear imaging, and intravascular ultrasound. Currently, ECG monitors hold the largest revenue share in the global market.
The Cardiac Monitoring and Diagnostic Devices Market Segmentation:
By Product, 2018–2027 ($ Million)
By Region, 2018–2027 ($ Million)
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