Article -> Article Details
| Title | Cardiac Monitoring Market Share, Opportunities, Types and Applications, Status and Forecast to 2027 |
|---|---|
| Category | Business --> Business Services |
| Meta Keywords | Cardiac Monitoring Market |
| Owner | akshay |
| Description | |
| The global Cardiac Monitoring Market size was estimated at USD 19.71 billion in
2019, according to the study by Reports and Data, and is projected to hit USD
26.83 billion by 2027, with a 3.9% CAGR. Cardiac monitoring is an ongoing or
sporadic supervision of the heart that is done by ECG. The increase in heart
diseases, obesity, the increasing elderly population, detrimental lifestyle,
alcohol intake, and developments in the healthcare sector are factors that
boost the demand for cardiac monitoring. Get a sample of the
report @ https://www.reportsanddata.com/sample-enquiry-form/3362 WHO has stated that the leading cause of death
worldwide is the increase in heart-related diseases. An estimated 17.9 million
people are killed each year by cardiac diseases. One of the best options for
tracking multiple heart conditions is cardiac monitoring. Vascular health is
affected by obesity and leads to a greater risk of cardiovascular disease.
Obesity contributes to an increase in blood volume and cardiac production, and
these improvements increase stress on the arterial wall, the thickness and
width of the vessel wall, the proliferation of smooth muscle cells, and
ultimately contribute to heart-related disorders. It is expected that the
prevalence will rise, gradually leading to a rising occurrence of heart-related
disorders, thereby boosting demand in the market for cardiac monitoring. Another major factor driving the cardiac
monitoring market is favorable reimbursement policies, in addition to a wider
target population. With a revenue of USD 8.69 billion, North America led the
market for cardiac monitoring in 2019. The area is expected to remain dominant
over the coming years due to the higher incidence of obesity and associated
heart diseases and the adoption of developed technologies. Another significant
driving force that enhances market growth is the emergence of advanced products
in the industry. In March 2020, for example, QT Medical, a U.S.-based company,
introduced a home ECG test that provides skilled nursing facilities and
telehealth service providers with a cost-effective alternative. However, the
key constraints on this sector are the high expenditure on diagnosis, care and
stringent regulatory product approval procedures. Impact of COVID-19 on Cardia Monitoring Market: It is expected that the pandemic outbreak of
COVID-19 will stimulate the cardiac monitoring market. The virus attacks the
body's respiratory system, leading to heart function being disrupted.
Therefore, for any arrhythmia, monitoring the vital signs is critical. Patients
with heart-related conditions are also susceptible to infection, which is of
great concern. Several regulatory bodies have relaxed guidelines for the
clearance of cardiac monitoring products in order to ensure the required
supply-demand balance. For example, to monitor cardiac activities in COVID-19
patients, the FDA granted VitalConnect with Emergency Utilization Approval
(EUA). In addition, by introducing new medicines or
expanding the use of existing drugs, such as antimalarial or anti-retroviral
drugs, researchers are working to create desirable therapies. In addition, it
is estimated that the production of remote monitoring products to further
diagnose vital signs for critical patients as well as infected patients and
prevent accidental infection by market players would further enhance growth. To identify the key trends in the industry,
click on the link below: Key players of the cardiac monitoring market
include:
For the purpose of this report, Reports and
Data has segmented the Cardiac Monitoring Market on the basis of type, end-use,
and region: Type Outlook (Revenue in
Million USD; 2017–2027)
End-Use outlook (Revenue in
Million USD;
2017–2027)
Regional Outlook (Revenue in
Million USD; 2017–2027)
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about Cardiac Monitoring Market report by Reports And Data: Cardiac Monitoring Market:- https://www.prnewswire.com/news-releases/cardiac-monitoring-market-to-reach-usd-26-83-billion-by-2027--cagr3-9--reports-and-data-301100201.html Contact Us John W Head of Business Development 40 Wall St. 28th floor New York City NY 10005 United States | |