CARDIAC REMOTE PATIENT MONITORING DEVICES MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2021 to 2028)

Remote patient monitoring is a set of practices and technologies authorizing healthcare suppliers to follow real time variations in patient’s health data from space and utilize it in a particular treatment arrangement. Broader telehealth industry and e-health industry are integral component of cardiac remote patient monitoring.

Cardiac monitors are battery-powered devices that record the heart’s electrical activity. These are broadly classified into two categories:

External cardiac monitors – The conventional external heart monitors are designed for short-term use and include holter monitors, event monitors, and loop monitors. They are the most common monitors for diagnosing heart rhythm disorders that occur on a relatively frequent basis, typically attached with wires to the outside of a patient’s body for between 24 hours to 30 days.

Insertable and implantable cardiac monitors – The devices determine the causes of infrequent, unexplained arrhythmias are designed for long-term use (up to three years). The small devices are placed just under the skin to detect and record abnormal heart rhythms during outpatient procedures.

Market Dynamics

The increasing applications of cardiac monitors in continuous monitoring for observation of postoperative patients, patients with severe electrolyte imbalances, prompt identification and initiation of treatment for cardiac arrhythmias, and investments in R&D of heart diseases detection is expected to augment the market growth of the segment over the forecast period. Moreover, increasing adoption of inorganic growth strategies such as mergers, acquisitions, partnerships, and collaborations by key players operating in the market are the major factors that are expected to drive growth of the Global cardiac remote patient monitoring device market.

Key features of the study:

• This report provides in-depth analysis of the global cardiac remote patient monitoring device market provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2021–2028), considering 2020 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global cardiac remote patient monitoring device market based on the following parameters – company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, strategies, and future plans
• Key companies covered as a part of this study include A & D Medical, BIOTRONIK SE & Co. KG, Boston Scientific, GE Healthcare, Honeywell, Medtronic plc, Nihon Khoden, Philips Healthcare, Spacelabs Healthcare, Abbott Laboratories, St. Jude Medical, VitalConnect Inc., OSYPKA, MeTrax GmbH, and Lepu Medical Technology
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global cardiac remote patient monitoring device market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global cardiac remote patient monitoring device market

Detailed Segmentation:

• Global Cardiac Remote Patient Monitoring Device Market, By Application:
  • Cardiac Arrhythmia
  • Ischemic Diseases
  • Hypertension
• Global Cardiac Remote Patient Monitoring Device Market, By End Users:
  • Hospitals 
  • Cardiac Clinics
  • Ambulatory Surgery Centers
• Global Cardiac Remote Patient Monitoring Device Market, By Region:
  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • ASEAN
    • Rest of Asia Pacific
  • Middle East
    • GCC
    • Israel
    • Rest of Middle East
  • Africa
    • South Africa
    • Central Africa
    • North Africa
• Company Profiles
• • A & D Medical*
    • Company highlights
    • Product Portfolio
    • Key Highlights
    • Financial performance
    • Strategies
  • BIOTRONIK SE & Co. KG
  • Boston Scientific
  • GE Healthcare
  • Honeywell
  • Medtronic plc
  • Nihon Khoden
  • Philips Healthcare
  • Spacelabs Healthcare
  • Abbott Laboratories
  • Jude Medical
  • VitalConnect Inc.
  • OSYPKA
  • MeTrax GmbH
  • Lepu Medical Technology

“*” marked represents similar segmentation in other categories in the respective section.