Summary
Global Implantable Cardiac Monitor Market, By Type (Cardiac Arrhythmias, Atrial Fibrillation, Epilepsy & Unexplained Falls), By Application (Hospitals, Cardiac Center & Clinics, Ambulatory Surgical Centers (ASCs)) and opportunities and forecast 2020-2027
Implantable Cardiac Monitor Market Overview The implantable cardiac monitor is also known as the implantable loop recorder. These are small devices that monitor heart rhythms. The increase in the incidences of cardiac arrhythmias such as atrial fibrillation and bradycardia has increased the market size of the global implantable cardiac monitor market. The implantable cardiac monitor technology avoids the need for external monitors that require wire leads attached to the patient. The cardiac monitor devices are technically advanced so they are easily implemented for continuously monitoring the heart for detecting cardiac arrhythmias and atrial fibrillation. This has to facilitate market development.
The major reasons contributing to growth in market development are the prolonged durability of implantable cardiac monitors, growing investments by top players as well as less hospital stay, and rarer hospital readmission. Furthermore, increasing incidences of arrhythmias, myocardial infarction, and atrial fibrillation have added growth to the market.
According to the W.H.O. (World Health Organization), the senior population is expected to reach 2 Billion around the globe by the year 2050. Elderly people have more diseases such as atrial fibrillation and cardiac arrhythmia. Hence need to monitor the heart rate. The growing old age population is anticipated to create huge opportunities in the market during the forecast period.
On the other hand, an alternative different mode of treatment is available and the High cost of devices are some factors that may hamper the growth of the implantable cardiac monitor market. However, various treatment options for cardiac disorders and rising awareness about newly developed devices will create new opportunities for market growth in the future.
Implantable Cardiac Monitor Market Segment Overview Implantable Cardiac Monitor Market is divided by Application into Hospitals, Cardiac Center & Clinics, and Ambulatory Surgical Centers (ASCs). Among these, the hospital's segment is expected to hold the highest shares in the forecasted period. Due to the implantation of devices in hospitalization. Furthermore, the ambulatory surgical center's segment is expected to enlarge at a substantial rate owing to the low cost and ready availability of treatment at these centers. These centers are easily available and helpful to patients.
Implantable Cardiac Monitor Market Regional Overview North America represents a higher adoption of the implantable cardiac monitor and is expected to hold the highest implantable cardiac monitor market share during the forecast period. This is attributable to some reasons including a higher adaptation of technically advanced implantable cardiac monitors and consumer awareness about health. Additionally, key factors for market growth are the presence of major healthcare companies and a favorable reimbursement framework. It is expected that the emerging countries such as the Asia-Pacific region, there is growth in market size due to the increasing occurrence of atrial fibrillation, increasing senior population along with increasing cases of obesity.
Implantable Cardiac Monitor Market Competitor overview The top players in the market have invested in enhancement in the treatment for the patients by providing advanced and innovative ways of monitoring irregular heart rhythms on smartphones. This allows the doctors to keep a record of the patient’s condition. Moreover, various companies holding strong and significant opportunities with innovative technologies about the product are now ready to enter the market.
Implantable Cardiac Monitor Market Market, Key Players • Abbott Laboratories
• Biotronik SE & Co. KG
• Boston Scientific Corporation
• Edwards Lifescience Corporation
• General Electric Company
• Koninklijke Philips N.V.
• LivaNova PLC
• Medtronic plc
• Nihon Kohden Corporation
• Phoenix Heart Center
Implantable Cardiac Monitor Market Segmentation Implantable Cardiac Monitor Market, By Type
· Cardiac Arrhythmias
· Atrial Fibrillation
· Epilepsy & Unexplained Falls
Implantable Cardiac Monitor Market, By Application
· Hospitals
· Cardiac Center & Clinics
· Ambulatory Surgical Centers (ASCs)
Implantable Cardiac Monitor market, By Region:
North America
Europe
UK
Germany
France
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
South Korea
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle East and Africa
GCC
South Africa
Rest of Middle East and Africa
Table of Contents
1. Introduction 1.1. Research Scope 1.2. Market Segmentation 1.3. Research Methodology 1.4. Definitions and Assumptions 2. Executive Summary 3. Market Dynamics 3.1. Market Drivers 3.2. Market Restraints 3.3. Market Opportunities 4. Key Insights 4.1. Key Emerging Trends – For Major Countries 4.2. Latest Technological Advancement 4.3. Regulatory Landscape 4.4. Industry SWOT Analysis 4.5. Porters Five Forces Analysis 5. Global Implantable Cardiac Monitor Market Analysis (USD Billion), Insights and Forecast, 2016-2027 5.1. Key Findings / Summary 5.2. Market Analysis, Insights and Forecast – By Type5.2.1. Cardiac Arrhythmias 5.2.2. Atrial Fibrillation 5.2.3. Epilepsy & Unexplained Falls 5.3. Market Analysis, Insights and Forecast – By Application5.3.1. Hospitals 5.3.2. Cardiac Center & Clinics 5.3.3. Ambulatory Surgical Centers (ASCs) 5.4. Market Analysis, Insights and Forecast – By Region5.4.1. North America 5.4.2. Latin America 5.4.3. Europe 5.4.4. Asia Pacific 5.4.5. Middle East and Africa 6. North America Implantable Cardiac Monitor Market Analysis (USD Billion), Insights and Forecast, 2016-2027 6.1. Key Findings / Summary 6.2. Market Analysis, Insights and Forecast – By Type6.2.1. Cardiac Arrhythmias 6.2.2. Atrial Fibrillation 6.2.3. Epilepsy & Unexplained Falls 6.3. Market Analysis, Insights and Forecast – By Application6.3.1. Hospitals 6.3.2. Cardiac Center & Clinics 6.3.3. Ambulatory Surgical Centers (ASCs) 6.4. Market Analysis, Insights and Forecast – By Country 7. Latin America Implantable Cardiac Monitor Market Analysis (USD Billion), Insights and Forecast, 2016-2027 7.1. Key Findings / Summary 7.2. Market Analysis, Insights and Forecast – By Type7.2.1. Cardiac Arrhythmias 7.2.2. Atrial Fibrillation 7.2.3. Epilepsy & Unexplained Falls 7.3. Market Analysis, Insights and Forecast – By Application7.3.1. Hospitals 7.3.2. Cardiac Center & Clinics 7.3.3. Ambulatory Surgical Centers (ASCs) 7.4. Insights and Forecast – By Country7.4.1. Brazil 7.4.2. Mexico 7.4.3. Rest of Latin America 8. Europe Implantable Cardiac Monitor Market Analysis (USD Billion), Insights and Forecast, 2016-2027 8.1. Key Findings / Summary 8.2. Market Analysis, Insights and Forecast – By Type8.2.1. Cardiac Arrhythmias 8.2.2. Atrial Fibrillation 8.2.3. Epilepsy & Unexplained Falls 8.3. Market Analysis, Insights and Forecast – By Application8.3.1. Hospitals 8.3.2. Cardiac Center & Clinics 8.3.3. Ambulatory Surgical Centers (ASCs) 8.4. Market Analysis, Insights and Forecast – By Country8.4.1. UK 8.4.2. Germany 8.4.3. France 8.4.4. Italy 8.4.5. Spain 8.4.6. Russia 8.4.7. Rest of Europe 9. Asia Pacific Implantable Cardiac Monitor Market Analysis (USD Billion), Insights and Forecast, 2016-2027 9.1. Key Findings / Summary 9.2. Market Analysis, Insights and Forecast – By Type9.2.1. Cardiac Arrhythmias 9.2.2. Atrial Fibrillation 9.2.3. Epilepsy & Unexplained Falls 9.3. Market Analysis, Insights and Forecast – By Application9.3.1. Hospitals 9.3.2. Cardiac Center & Clinics 9.3.3. Ambulatory Surgical Centers (ASCs) 9.4. Market Analysis, Insights and Forecast – By Country9.4.1. China 9.4.2. India 9.4.3. Japan 9.4.4. Australia 9.4.5. South East Asia 9.4.6. Rest of Asia Pacific 10. Middle East & Africa Implantable Cardiac Monitor Market Analysis (USD Billion), Insights and Forecast, 2016-2027 10.1. Key Findings / Summary 10.2. Market Analysis, Insights and Forecast – By Type10.2.1. Cardiac Arrhythmias 10.2.2. Atrial Fibrillation 10.2.3. Epilepsy & Unexplained Falls 10.3. Market Analysis, Insights and Forecast – By Application10.3.1. Hospitals 10.3.2. Cardiac Center & Clinics 10.3.3. Ambulatory Surgical Centers (ASCs) 10.4. Market Analysis, Insights and Forecast – By Country10.4.1. GCC 10.4.2. South Africa 10.4.3. Rest of Middle East & Africa 11. Competitive Analysis 11.1. Company Market Share Analysis, 2018 11.2. Key Industry Developments 11.3. Company Profile 11.4. Abbott Laboratories11.4.1. Business Overview 11.4.2. Segment 1 & Service Offering 11.4.3. Overall Revenue 11.4.4. Geographic Presence 11.4.5. Recent Development *Similar details will be provided for the following companies
11.5. Biotronik SE & Co. KG 11.6. Boston Scientific Corporation 11.7. Edwards Lifescience Corporation 11.8. General Electric Company 11.9. Koninklijke Philips N.V. 11.10. LivaNova PLC 11.11. Medtronic plc 11.12. Nihon Kohden Corporation
List of Figures
List of Figures
