Global Cardiac Monitoring & Cardiac Rhythm Management Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Cardiac Monitoring & Cardiac Rhythm Management Market 2024 by Company, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Cardiac Monitoring & Cardiac Rhythm Management market size was valued at USD 24510 million in 2023 and is forecast to a readjusted size of USD 30870 million by 2030 with a CAGR of 3.3% during review period.

Cardiac monitoring (CM) devices help in continuous examination of a patient’s cardiac activity. Cardiac rhythm management (CRM) devices maintain normal cardiac rhythm in patients suffering from rate and rhythm disorders of the heart. These devices play a crucial role in the treatment of serious cardiac disorders, including heart failure, atrial fibrillation, atrial flutter, indications of recent heart attack, coronary ischemia, lack of oxygen supply to cardiac muscles, effects of drugs, and certain genetic errors among others.

The market is driven by factors such as growing incidence of cardiac disorders, technological advancements, patient awareness, and increasing number of unmet medical needs in developing and underdeveloped countries. Conversely, the market is hampered by limited insurance coverage options; high cost of these devices, especially in developing nations; and preference for drugs over treatment devices. However, the development of new MRI-labeled devices and growth opportunities in the emerging economies of Asia-Pacific and LAMEA regions are expected to provide opportunities for growth of cardiac monitoring & cardiac rhythm management industry during the forecast period.

The Global Info Research report includes an overview of the development of the Cardiac Monitoring & Cardiac Rhythm Management industry chain, the market status of Hospitals & Clinics (Electrocardiogram (ECG) Devices, Implantable Loop Recorders (ILR)), Home Settings (Electrocardiogram (ECG) Devices, Implantable Loop Recorders (ILR)), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Cardiac Monitoring & Cardiac Rhythm Management.

Regionally, the report analyzes the Cardiac Monitoring & Cardiac Rhythm Management markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Cardiac Monitoring & Cardiac Rhythm Management market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Cardiac Monitoring & Cardiac Rhythm Management market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Cardiac Monitoring & Cardiac Rhythm Management industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Electrocardiogram (ECG) Devices, Implantable Loop Recorders (ILR)).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Cardiac Monitoring & Cardiac Rhythm Management market.

Regional Analysis: The report involves examining the Cardiac Monitoring & Cardiac Rhythm Management market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Cardiac Monitoring & Cardiac Rhythm Management market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Cardiac Monitoring & Cardiac Rhythm Management:

Company Analysis: Report covers individual Cardiac Monitoring & Cardiac Rhythm Management players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Cardiac Monitoring & Cardiac Rhythm Management This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Hospitals & Clinics, Home Settings).

Technology Analysis: Report covers specific technologies relevant to Cardiac Monitoring & Cardiac Rhythm Management. It assesses the current state, advancements, and potential future developments in Cardiac Monitoring & Cardiac Rhythm Management areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Cardiac Monitoring & Cardiac Rhythm Management market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Cardiac Monitoring & Cardiac Rhythm Management market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

Market segment by Type
Electrocardiogram (ECG) Devices
Implantable Loop Recorders (ILR)
Cardiac Output Monitoring (COM) Devices
Event Monitors
Pacemakers
Cardiac Resynchronization Therapy (CRT) Devices
Defibrillator
External Defibrillator
Ventricular Assist Devices (VADs)

Market segment by Application
Hospitals & Clinics
Home Settings
Ambulatory Surgical Centers (ASCs)

Market segment by players, this report covers
Abiomed, Inc.
Berlin Heart GmbH
Biotronik SE & Co. KG
Boston Scientific Corporation
Cardiac Science Corporation
General Electric Company (GE)
Hill-Rom Holdings, Inc.
Jarvik Heart, Inc.
Koninklijke Philips N.V.
LivaNova PLC
Medtronic plc
Nihon Kohden Corporation
ReliantHeart Inc.
SCHILLER AG
Abbott
Siemens AG
3M Company
Asahi Kasei Corporation
Stryker Corporation
Mortara Instrument, Inc.
OSI Systems, Inc.
Cardionet Inc.

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Cardiac Monitoring & Cardiac Rhythm Management product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Cardiac Monitoring & Cardiac Rhythm Management, with revenue, gross margin and global market share of Cardiac Monitoring & Cardiac Rhythm Management from 2019 to 2024.

Chapter 3, the Cardiac Monitoring & Cardiac Rhythm Management competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Cardiac Monitoring & Cardiac Rhythm Management market forecast, by regions, type and application, with consumption value, from 2025 to 2030.

Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Cardiac Monitoring & Cardiac Rhythm Management.

Chapter 13, to describe Cardiac Monitoring & Cardiac Rhythm Management research findings and conclusion.