Market Highlights:
Wearable Ambulatory Monitoring Devices Market: Information by Product Type (Cardiac Event Monitors, Holter Monitor, Mobile Cardiac Telemetry Devices) and Region (Americas, Europe, Asia-Pacific, Middle East & Africa) – Global Forecast till 2025
Global Wearable Ambulatory Monitoring Devices Market is expected to register a CAGR of 6.48% during the forecast period with a market value of USD 4,990.8 Million till 2025. Wearable ambulatory monitoring devices are portable electrocardiograph machines attached either to patients’ body or inserted below the skin. They are used to record heart rhythms. Each type of monitor has differentiated in terms of length of heart rhythm recording time.
Market Key Players:
MRFR recognizes the following companies as the Key Players in the Global Wearable Ambulatory Monitoring Devices Market— General Electric Company (US), ACS Diagnostics (US), BioTelemetry (US), iRhythm Technologies, Inc. (US), Medicomp Inc. (US), Medtronic PLC (Europe), Preventice Solutions, Inc. (US), Telerhythmics, LLC (US), Hill-Rom Services Inc. (US), and ZOLL Medical Corporation (US).
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Segment Analysis
The Global Wearable Ambulatory Monitoring Devices Market has been segmented by product type. Based on product type, wearable ambulatory monitoring devices market has been segregated into cardiac event monitors, Holter monitor, mobile cardiac telemetry devices, and others.
Regional Analysis:
The Global Wearable Ambulatory Monitoring Devices Market, based on region, has been divided into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.
The Americas are likely to dominate the global wearable ambulatory monitoring devices market. This can be attributed to the high prevalence of cardiovascular diseases in the region. According to the American Heart Association (AHA), in 2015, an estimated 4 million Americans suffered from recurrent arrhythmias. Moreover, the rising health expenditure per person and increasing demand for advanced treatment options are also expected to drive market growth.
The European market for wearable ambulatory monitoring devices is estimated to be the second-largest during the review period. The high number of cases of arrhythmias in Europe is expected to boost the growth of the regional market. For instance, according to the statistics published by the National Health Service in 2018, arrhythmias are experienced by more than 2 million people per year in the UK. Additionally, the prevalence of high blood pressure is also increasing in Europe, which is further fueling the market growth.
Asia-Pacific is estimated to be the fastest-growing market owing to the increase in product launches in the region. For instance, in December 2017, Abbott Laboratories announced the launch of its first smartphone-compatible insertable cardiac monitor to detect arrhythmias in India. Moreover, the high prevalence of chronic diseases is also positively affecting the market growth.
The market in the Middle East & Africa is expected to witness steady growth due to the rising awareness regarding health and availability of new treatment & diagnostic methods in the Middle Eastern countries.
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Ambulatory cardiac monitoring is a way to watch and record the electrical activity of the heart.
It is done as you go about people?s daily activities.
Most of the recording devices are about the size of a cell phone.Does ambulatory cardiac monitoring record the heart?s electrical activity for long periods of time.
The length of time makes it much more likely to detect an abnormality that comes and goes.In this report, we study the devices for Ambulatory cardiac monitoring, and the services is not included in our report.Ambulatory cardiac monitoring is a way to watch and record the electrical activity of the heart.
Most of the recording devices are about the size of a cell phone.he classification of Ambulatory Cardiac Monitoring Devices includes Holter Monitor, Event Monitors, Mobile Cardiac Telemetry and Other.
The proportion of Holter Monitor in 2018 is about 43.3%, and the proportion of Mobile Cardiac Telemetry in 2018 is about 23.4%.Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-ambulatory-cardiac-monitoring-devices-2019-2024-509According to this study, over the next five years the Ambulatory Cardiac Monitoring Devices market will register a 4.8% CAGR in terms of revenue, the global market size will reach US$ 1116.6 million by 2024, from US$ 885.3 million in 2019.
