NEW DELHI, Feb. 21, 2019
NEW DELHI, Feb. 21, 2019 /PRNewswire/ -- According to a new report Global Implantable Cardiac Monitors Market, published by KBV research, The Global Implantable Cardiac Monitors Market size is expected to reach $714.4 million by 2024, rising at a market growth of 7.6% CAGR during the forecast period. The factors that drive the growth of the implantable cardiac monitors market are technological advancements in cardiac monitor devices such as miniaturization and easier implant procedures, growing demand for implantable cardiac monitors to continuously monitor heart to detect cardiac arrhythmias and atrial fibrillation.
The North America market would dominate the Global Cardiac Arrhythmias Market by Region by 2024, growing at a CAGR of 6.3 % during the forecast period. Favorable reimbursement policies and prominent market players operating in the region are the factors that drive the market growth herein. The Europe market is expected to witness a CAGR of 6.7% during (2018 - 2024). Additionally, The Asia Pacific market is expected to witness a CAGR of 8.4% during (2018 - 2024).
Access Full Report: https://www.kbvresearch.com/implantable-cardiac-monitors-market/
The Hospitals market dominated the Global Implantable Cardiac Monitors Market by End User 2017 and would grow at a CAGR of 7.1 % during the forecast period. The Ambulatory Surgery Centers (ASCs) market is expected to witness a CAGR of 8% during (2018 - 2024). Cardiac centers & clinics segment would grow high CAGR during the forecast period. The growth in the segment is due to advantages of cardiac centers & clinics such as limited stay after surgical procedures and cost-effective treatments for cardiac related ailments.
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Abiomed, Inc., Abbott Laboratories, Boston Scientific Corporation, Reliant Heart, Inc., Astellas Pharma Inc., Biotronik SE & Co. KG, Agilent Technologies, Inc., Berlin Heart GmbH, Schiller AG, Jarvik Heart, Inc.
Global Implantable Cardiac Monitors Market Segmentation
By End User
- North America
o Rest of North America
o Rest of Europe
- Asia Pacific
o South Korea
o Rest of Asia Pacific
o Saudi Arabia
o South Africa
o Rest of LAMEA
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