Cardiac Monitoring & Cardiac Rhythm Management Devices Market – Industry Growth, Drivers and Top Key Players by 2024

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Global Cardiac Monitoring & Cardiac Rhythm Management Devices Market: Overview

The cardiac monitoring & cardiac rhythm management devices include devices that basically help the patients to manage and treat arrhythmia-related diseases.

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Global Cardiac Monitoring & Cardiac Rhythm Management Devices Market: Growth Factors

The major factors responsible for the growth of the global cardiac monitoring & cardiac rhythm management devices market include growing frequency of cardiovascular diseases, increasing consciousness regarding heart monitoring in patients, technological improvements, and increase in private organizational nursing and home care.

Global Cardiac Monitoring & Cardiac Rhythm Management Devices Market: Segmentation

The global cardiac monitoring & cardiac rhythm management devices market can be segmented based on cardiac monitoring devices, cardiac rhythm management devices, end-user, and region. The cardiac monitoring devices segment of the market is divided into implantable loop recorder, ECG devices, event monitors, and cardiac output monitoring. The event monitors segment of the market is sub-segmented into event monitors, by technology and event monitors, by type. The event monitors, by technology segment of the market, is diversified into manual event monitors and auto detects event monitors. The event monitors, by type segment of the market, is classified into post-symptom and pre-symptom. The ECG Devices segment of the market is divided into ECG devices, by lead type and ECG devices, by type. The ECG devices, by lead type segment of the market is sub-segmented into 3 to 6-lead ECG devices, single-lead ECG devices, 12-lead ECG devices, and others. The ECG devices, by type segments of the market, are classified into stress ECG, resting ECG, and Holter monitor. The cardiac rhythm management devices segment of the cardiac monitoring & cardiac rhythm management devices market is sub-segmented into defibrillators, cardiac resynchronization therapy devices, and pacemakers. The defibrillators segment of the market is classified into manual external defibrillators, implantable defibrillators, automated external defibrillators, and external defibrillators. The end-user segment of the market is divided into hospitals, home & ambulatory care, and others.

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Global Cardiac Monitoring & Cardiac Rhythm Management Devices Market: Regional Analysis

North America is anticipated to dominate the global cardiac monitoring & cardiac rhythm management devices market in the near future owing to the increasing prevalence of heart failure & arrhythmia, increasing aging population, and growing patient alertness regarding the accessibility of treatment choices. Asia-Pacific region is also expected to grow at a higher rate in the coming period in the market.

Global Cardiac Monitoring & Cardiac Rhythm Management Devices Market: Competitive Players

The major players in the cardiac monitoring & cardiac rhythm management devices market are St. Jude Medical, Inc., GE Healthcare, Cardiac Science Corporation, Philips Healthcare, Mortara Instrument, Inc., Medtronic plc, Boston Scientific Corporation, and LivaNova PLC. The other players in the market include SCHILLER AG, Hill-Rom Holdings, Inc., Nihon Kohden Corporation, Abiomed, Inc., General Electric Company, Biotronik SE & Co. KG, Jarvik Heart, Inc., Koninklijke Philips N.V., Berlin Heart GmbH, and ReliantHeart Inc.

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