Fact.MR – A Market Research and Competitive Intelligence Provider: According to the latest Fact.MR analysis, global ambulatory heart monitor market is expected to grow with increased cardiovascular diseases, an ageing population, high demand for ambulatory heart monitors for their usefulness, efficacy, and cost-effectiveness, and technological advancements.
North America To Dominate The Global Ambulatory Heart Monitor Market Followed By Europe During The Years, 2020-2030
Fact.MR’s latest report on ambulatory heart monitor market offers unbiased industry analysis for the period between 2020 and 2030. The study divulges exclusive information about existing opportunities and emerging trends across leading segments in terms of product type and end user. It also highlights various strategies employed by key manufacturers to gain edge in the market.
Fact.MR – A Market Research and Competitive Intelligence Provider: According to the latest Fact.MR analysis, global ambulatory heart monitor market is expected to grow with increased cardiovascular diseases, an ageing population, high demand for ambulatory heart monitors for their usefulness, efficacy, and cost-effectiveness, and technological advancements.
The increasing prevalence of cardiovascular diseases, expanding geriatric populations, lifestyle, urbanization, elevating global healthcare infrastructure, funds for ambulatory heart monitor R&D, favorable reimbursement policies, high-end demand, and technological advancements of ambulatory heart monitors are driving the global ambulatory heart monitor market growth.
Every year, approximately 17.3 million fatalities are reported owing to cardiac problems, according to the World Heart Federation. Coronary heart disease, heart rhythm disorders (arrhythmias), and heart defects are all indications of CVD.
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The global ambulatory heart monitor industry has been spurred by the global Coronavirus pandemic, which has resulted in a surge in demand for ambulatory heart monitors for Coronavirus-infected CVD patients. Mobile cardiac telemetry is in increasing demand for remote patient monitoring in order to preserve social distance and avoid hospitalization.
By type, mobile cardiac telemetry dominates the market due to its advanced qualities of rapid detection, user-friendliness, light weight, and remote monitoring. Furthermore, mobile cardiac telemetry market is expected to witness positive growth.
The rising burden of cardiovascular diseases, awareness, advanced healthcare infrastructure and R&D, and a wide range of available ambulatory heart monitors all contribute to North America's dominance of the worldwide ambulatory heart monitor market.
Key Takeaways from Ambulatory Heart Monitor Market Survey
- Mobile cardiac telemetry is expected to dominate the product type in the global market due to its advance features.
- North America region to dominate the market on the back of rising incidences of cardiovascular diseases & advanced healthcare infrastructure.
- By end-use, hospitals to dominate the market due to its omnipresence, advanced diagnostics and care services, trained staffs, and reimbursement rules.
Key Drivers
- Increasing prevalence of cardiovascular diseases is expected to propel the demand for ambulatory heart monitors.
- Favorable reimbursement policies, high-end demand and rapid technological advancements to promote market growth.
Key Restraints
- The ambulatory heart monitor market is constrained by high costs, tight regulatory procedures and frequent recalls of ambulatory heart monitor products.
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Competitive Landscape
The leading market players are collaborating to create a novel ambulatory heart monitor with a compact size, quicker processing, improved connection and operations, and wearable technologies that provide real-time ambulatory heart monitoring.
Some of the prominent players operating in the ambulatory heart monitor market profiled by Fact.MR are:
- GE Healthcare
- Medtronic
- iRhythm
- BioTelemetry
- Abbott
- Boston Scientific
- BIOTRONIK
- Asahi Kasei
More Insights on the Ambulatory Heart Monitor Sales Outlook
Fact.MR provides an unbiased analysis of ambulatory heart monitor market, presenting forecast statistics for the period from 2020-2030. The study divulges compelling insights on the global demand for ambulatory heart monitor with a detailed segmentation on the basis of:
By Type:
- Mobile Cardiac Telemetry
- Holter Monitor
- Event Monitors
- Others
By End-Users
- Hospitals
- Ambulatory Care Centers
- Other
By Region
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East & Africa
Key Questions Covered in the Ambulatory Heart Monitor Market Outlook Report
- The report offers insight into ambulatory heart monitor demand outlook for 2020-2030.
- The market study also highlights projected sales growth for ambulatory heart monitor market between 2020 and 2030.
- Ambulatory heart monitor market survey identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry.
- Ambulatory heart monitor market share analysis of the key companies within the industry and coverage of strategies such as mergers & acquisitions, joint ventures, collaborations or partnerships, and others.
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