Press Releases
 
Implantable Cardiac Monitor Market is projected to expand at a healthy CAGR of 8.7% during the forec

, 19 April 2019 -- Transparency Market Research (TMR) has published a new report titled ‘Implantable Cardiac Monitor Market- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.’ According to the report, the global implantable cardiac monitor market was valued at US$ 679.24 Mn in 2017. The market is anticipated to reach US$ 1,464.26 Mn by 2026, expanding at a CAGR of 8.7% during the forecast period. Rise in the incidence of cardiac arrhythmia and increase in geriatric population are expected to augment the global market from 2018 to 2026. The global implantable cardiac monitor market is projected to expand, owing to prolonged ECG monitoring function, acceptance of and rise in demand for subcutaneous insertible cardiac devices, and increase in technological advancements.

Read Report Overview:
https://www.transparencymarketresearch.com/implantable-cardiac-monitors-market.html

Rise in Prevalence of Cardiac Arrhythmia is Propelling the Global Cardiac Monitor Market

The global implantable cardiac monitor market is expanding at a high growth rate, driven by an increase in prevalence of cardiac arrhythmia. As per research, about 14 million people are suffering from some forms of cardiac arrhythmia in the U.S. with more than 4 million Americans have recurrent arrhythmia and 5 million Americans are currently living with heart conditions. In Asia Pacific, Japan is expected to reach 1 million cardiac arrhythmia patients in the coming years.

Increase in the Global Geriatric Population is Driving the Need for Effective Treatment, Globally

Prevalence of cardiovascular diseases such as heart stroke and improper function of the heart are driving the need for cardiac monitoring devices in order to monitor irregular heart rhythms. Elderly people are often prone to cardiac arrhythmia, especially atrial fibrillation, which occurs in old age, resulting in need for cardiac monitors. External cardiac monitors are not feasible for old people to wear or carry on a day to day basis. This has led to an increase in the adoption of insertable cardiac monitors. Implantable cardiac monitor devices offer better ECG monitoring service and also last for three years. Rise in the geriatric population demands better treatment options, which in turn, is likely to provide opportunities for companies operating in the global implantable cardiac monitor market.

North America Dominates the Global Implantable Cardiac Market Owing to Rise in Demand for Implantable Cardiac Monitors

North America dominates the global implantable cardiac monitor market, owing to the approval of cardiac monitors and the presence of major players in this region. Implantable cardiac monitors are niche, and this offers significant opportunities for companies to expand and invest in the region. Also, a rise in the prevalence of cardiovascular conditions that need further monitoring contributes to the demand for implantable cardiac monitors. Rise in atrial fibrillation, a type of cardiac arrhythmia, and other arrhythmias drives the market in the region.

A subcutaneous cardiac monitor is a new innovation that is gaining trust and popularity among the geriatric population, owing to its prolonged ECG monitoring benefits. Therefore, easy adoption of ICM is fuelling the market in the region.

First and only Smartphone Compatibility Implantable Medical Device for Cardiac Monitoring and Rise in Investments in Research & Development Offer Significant Opportunities to New Entrants

Key market players have invested in establishing a better way for the treatment of patients by providing innovate ways of monitoring irregular heart rhythms on smartphones. This innovation allows physicians to directly access data and keep track of patients’ condition.

Also, companies are readily investing in this type of technology. They also hold a strong portfolio of products in the pipeline that are ready to enter the market. Due to the presence of few players in the global market, other companies have a significant opportunity to enter the market with innovative solutions.

Request Sample of the Report:
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=50316

Investments and Mergers & Acquisitions by Key Players are Driving the Implantable Cardiac Monitor Market

Key players dominating the global implantable cardiac monitor markets are Medtronic, Abbott, Biotronik, Angel Medical Systems, Inc., vectoriousmedtech.com, Boston Scientific Corporation or its affiliates, and Biosense Webster, Inc.. Major players are focusing on mergers and acquisitions and are incorporating innovative technologies to expand their footprint in the global implantable cardiac monitor market.

About us
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact
Transparency Market Research
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email:
Website: https://www.transparencymarketresearch.com/



# # #


Submitted by hawer on Friday, 19 April 2019 at 2:26 AM
Category: Health Care & Medical
 
Related News

Plasmapheresis Market to Showcase Vigorous Demand during the Period until 2026
Tuesday, 21 May 2019

Amyotrophic Lateral Sclerosis Treatment Market Scope and Opportunities Analysis 2019 - 2027
Tuesday, 21 May 2019

Sleep Aids Market Latest Trends, Demand and Analysis 2027
Tuesday, 21 May 2019

Skin Grafts Market Review with Forecast Research Report 2019 - 2027
Tuesday, 21 May 2019

Paresthesia Treatment Market Detailed Study Analysis with Forecast by 2027
Tuesday, 21 May 2019

Related Events

7th World IntraCranial Hemorrhage Conference WICH 2019
Sunday, 19 May 2019

The 6th Due Diligence Summit for Life Sciences
Monday, 20 May 2019

Shared Services
Monday, 20 May 2019

TIDES: Oligonucleotide and Peptide Therapeutics | San Diego, CA
Monday, 20 May 2019

2019 EU Pharmaceutical Law Forum, Brussels
Tuesday, 21 May 2019

Latest News

Plasmapheresis Market to Showcase Vigorous Demand during the Period until 2026
Tuesday, 21 May 2019

Allergic Rhinitis Treatment Market Analysis and Research Report by Experts 2027
Tuesday, 21 May 2019

Amyotrophic Lateral Sclerosis Treatment Market Scope and Opportunities Analysis 2019 - 2027
Tuesday, 21 May 2019

Sleep Aids Market Latest Trends, Demand and Analysis 2027
Tuesday, 21 May 2019

Skin Grafts Market Review with Forecast Research Report 2019 - 2027
Tuesday, 21 May 2019

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2019
Today is Tuesday, 21 May 2019

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • 7th World IntraCranial Hemorrhage Conference WICH 2019
  • 5 Day Accelerated Certificate for Directors
  • FT Business of Luxury Summit
  • Advancing Preconstruction and Estimating 2019 Conference | Dallas, Texas
  • Wall Street Journal Future Of Everything Festival, NYC

  • Latest Jobs
    Sorry, there are currently no entries posted here.