Cardiac Safety Services Market by Type of Service (Blood Pressure Measurement Services, Cardiovascular Imaging Services, ECG or Holter Measurement Services), Type (Integrated Services, Standalone Services), End-User - Global Forecast 2023-2030
The Cardiac Safety Services Market size was estimated at USD 936.55 million in 2022 and expected to reach USD 1,024.96 million in 2023, at a CAGR 10.73% to reach USD 2,117.01 million by 2030.
Market Segmentation & Coverage:
This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Cardiac Safety Services Market.
- Based on Type of Service, market is studied across Blood Pressure Measurement Services, Cardiovascular Imaging Services, ECG or Holter Measurement Services, and Thorough QT Studies. The Cardiovascular Imaging Services is projected to witness significant market share during forecast period.
- Based on Type, market is studied across Integrated Services and Standalone Services. The Standalone Services is projected to witness significant market share during forecast period.
- Based on End-User, market is studied across Contract Research Organizations and Pharmaceutical & Biopharmaceutical Companies. The Pharmaceutical & Biopharmaceutical Companies is projected to witness significant market share during forecast period.
- Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 42.72% in 2022, followed by Europe, Middle East & Africa.
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is an indispensable tool for assessing the Cardiac Safety Services Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:
The Market Share Analysis offers invaluable insights into the vendor landscape Cardiac Safety Services Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
Key Company Profiles:
The report delves into recent significant developments in the Cardiac Safety Services Market, highlighting leading vendors and their innovative profiles. These include AliveCor, Inc., Banook Group, Biotrial, Butterfly Network Inc., Celerion by H.I.G. Capital, LLC, Certara, Inc., Circle Cardiovascular Imaging Inc., eResearchTechnology GmbH by Clario, IQVIA Holdings Inc., Koninklijke Philips N.V., Laboratory Corporation of America Holdings, Lunit Inc., Medpace, Inc., Ncardia Services B.V., Octagos Health, Perceptive Informatics LLC, PhysioStim, Richmond Pharmacology Limited, Shanghai Medicilon Inc., Siemens Healthineers, and Tempus Labs, Inc..
The report offers valuable insights on the following aspects:
- Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast for the Cardiac Safety Services Market?
- Which products, segments, applications, and areas hold the highest investment potential in the Cardiac Safety Services Market?
- What is the competitive strategic window for identifying opportunities in the Cardiac Safety Services Market?
- What are the latest technology trends and regulatory frameworks in the Cardiac Safety Services Market?
- What is the market share of the leading vendors in the Cardiac Safety Services Market?
- Which modes and strategic moves are suitable for entering the Cardiac Safety Services Market?
Note: PDF & Excel + Online Access - 1 Year
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Cardiac Safety Services Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Growing number of clinical trials across the world
- 5.1.1.2. Increasing focus on personalized medicine with rising cardiovascular incidences
- 5.1.1.3. Rising research and development spending in pharmaceutical and biopharmaceutical industry
- 5.1.2. Restraints
- 5.1.2.1. Relatively high cost of cardiac evaluation
- 5.1.3. Opportunities
- 5.1.3.1. Introduction of new and innovative cardiac safety service systems
- 5.1.3.2. Growing biosimilars and biologics sector
- 5.1.4. Challenges
- 5.1.4.1. Lack of regulatory standardization across various countries
- 5.2. Market Segmentation Analysis
- 5.2.1. Type of Service: Proliferating need for efficient cardiovascular imaging services
- 5.2.2. Type: Expanding use of integrated cardiac safety services for drug development
- 5.2.3. End-User: Surging adoption of cardiac safety services by pharmaceutical & biopharmaceutical companies
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of COVID-19
- 5.5. Cumulative Impact of Russia-Ukraine Conflict
- 5.6. Cumulative Impact of High Inflation
- 5.7. Porter’s Five Forces Analysis
- 5.7.1. Threat of New Entrants
- 5.7.2. Threat of Substitutes
- 5.7.3. Bargaining Power of Customers
- 5.7.4. Bargaining Power of Suppliers
- 5.7.5. Industry Rivalry
- 5.8. Value Chain & Critical Path Analysis
- 5.9. Regulatory Framework
- 5.10. Client Customization
- 6. Cardiac Safety Services Market, by Type of Service
- 6.1. Introduction
- 6.2. Blood Pressure Measurement Services
- 6.3. Cardiovascular Imaging Services
- 6.4. ECG or Holter Measurement Services
- 6.5. Thorough QT Studies
- 7. Cardiac Safety Services Market, by Type
- 7.1. Introduction
- 7.2. Integrated Services
- 7.3. Standalone Services
- 8. Cardiac Safety Services Market, by End-User
- 8.1. Introduction
- 8.2. Contract Research Organizations
- 8.3. Pharmaceutical & Biopharmaceutical Companies
- 9. Americas Cardiac Safety Services Market
- 9.1. Introduction
- 9.2. Argentina
- 9.3. Brazil
- 9.4. Canada
- 9.5. Mexico
- 9.6. United States
- 10. Asia-Pacific Cardiac Safety Services Market
- 10.1. Introduction
- 10.2. Australia
- 10.3. China
- 10.4. India
- 10.5. Indonesia
- 10.6. Japan
- 10.7. Malaysia
- 10.8. Philippines
- 10.9. Singapore
- 10.10. South Korea
- 10.11. Taiwan
- 10.12. Thailand
- 10.13. Vietnam
- 11. Europe, Middle East & Africa Cardiac Safety Services Market
- 11.1. Introduction
- 11.2. Denmark
- 11.3. Egypt
- 11.4. Finland
- 11.5. France
- 11.6. Germany
- 11.7. Israel
- 11.8. Italy
- 11.9. Netherlands
- 11.10. Nigeria
- 11.11. Norway
- 11.12. Poland
- 11.13. Qatar
- 11.14. Russia
- 11.15. Saudi Arabia
- 11.16. South Africa
- 11.17. Spain
- 11.18. Sweden
- 11.19. Switzerland
- 11.20. Turkey
- 11.21. United Arab Emirates
- 11.22. United Kingdom
- 12. Competitive Landscape
- 12.1. FPNV Positioning Matrix
- 12.2. Market Share Analysis, By Key Player
- 12.3. Competitive Scenario Analysis, By Key Player
- 12.3.1. Agreement, Collaboration, & Partnership
- 12.3.1.1. Jubilant Radiopharma and Cardiac Imaging, Inc. Announce Exclusive Partnership to Expand Access for Mobile Cardiac PET Offering
- 12.3.2. New Product Launch & Enhancement
- 12.3.2.1. Heartnet Launches Telecardiology Product ASAAN
- 12.3.3. Award, Recognition, & Expansion
- 12.3.3.1. OSF HealthCare Establishes a Partnership with Bellin Health to Expand Cardiovascular Services in Delta County
- 13. Competitive Portfolio
- 13.1. Key Company Profiles
- 13.1.1. AliveCor, Inc.
- 13.1.2. Banook Group
- 13.1.3. Biotrial
- 13.1.4. Butterfly Network Inc.
- 13.1.5. Celerion by H.I.G. Capital, LLC
- 13.1.6. Certara, Inc.
- 13.1.7. Circle Cardiovascular Imaging Inc.
- 13.1.8. eResearchTechnology GmbH by Clario
- 13.1.9. IQVIA Holdings Inc.
- 13.1.10. Koninklijke Philips N.V.
- 13.1.11. Laboratory Corporation of America Holdings
- 13.1.12. Lunit Inc.
- 13.1.13. Medpace, Inc.
- 13.1.14. Ncardia Services B.V.
- 13.1.15. Octagos Health
- 13.1.16. Perceptive Informatics LLC
- 13.1.17. PhysioStim
- 13.1.18. Richmond Pharmacology Limited
- 13.1.19. Shanghai Medicilon Inc.
- 13.1.20. Siemens Healthineers
- 13.1.21. Tempus Labs, Inc.
- 13.2. Key Product Portfolio
- 14. Appendix
- 14.1. Discussion Guide
- 14.2. License & Pricing
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