Cardiac Monitoring Devices Market Outlook

The Cardiac Monitoring Devices Market was valued at USD 7,696.50 million in 2021 and is projected to grow at a compound annual growth rate (CAGR) of 5.90% from 2024 to 2031.

Cardiac monitoring devices are essential for the ongoing assessment of a patient's cardiac electrical activity, represented as pressure waveforms. These devices function by continuously or intermittently recording heart activity, usually through electrocardiography. They are primarily used to diagnose cardiac abnormalities and assist in the treatment of serious heart conditions such as heart failure and atrial fibrillation, among others.

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Cardiac Monitoring Devices Market Growth

The global cardiac monitoring devices market is expanding due to several factors: an increase in the prevalence of heart diseases, a growing aging population highly susceptible to coronary heart conditions, and technological advancements in cardiac monitoring devices that reduce infection risks and improve efficiency. The rising demand for home-based, point-of-care, and remote monitoring cardiac systems further fuels market growth.

Technological innovations have led to more advanced methods for remotely monitoring heart failure, facilitating earlier detection of decompensation, better adherence to lifestyle changes, and timely interventions (such as adjusting diuretic dosages) that decrease the need for hospitalization. According to the World Health Organization (WHO), cardiovascular disease (CVD) is the leading cause of death worldwide, with approximately 30 million people experiencing a heart attack or stroke annually.

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segmentations
By Product Type: Resting ECG Devices, Stress ECG Devices, ECG Holter Monitors, Event Monitoring Systems, Implantable Loop Recorders, Cardiac Output Monitoring Devices, Mobile Cardiac Telemetry Devices, Others
By End User:Hospitals, Market Size Analysis, Ambulatory Surgical Centers, Others


Key Players are;
Medtronic PLC
Abbott Laboratories
Boston Scientific Corporation
GE Healthcare
iRhythm Technologies Inc
Biotronik
Livanova
Hill-Rom Holdings
Schiller
Biotelemetry
And others

Related Reports

Cardiac Holter Monitor Report:
https://www.datamintelligence.com/research-report/cardiac-holter-monitor-market

Wearable Heart Monitoring Devices Report:
https://www.datamintelligence.com/research-report/wearable-heart-monitoring-devices-market


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