Efficacy for Cardiac Care Fuels Demand for Cardiac Arrhythmia Monitoring Devices

San Francisco, California, June 18, 2018 – TMR Research presents a new report on the global cardiac arrhythmia monitoring devices market for the forecast period between 2017 and 2025. The report, titled “Cardiac Arrhythmia Monitoring Devices Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025,” aspires to serve as a useful business decision making tool for market stakeholders.

The key factors driving the cardiac arrhythmia monitoring devices market include favorable reimbursement policies for cardiac disorder treatment, rising incidence of cardiovascular diseases, technological advancements, growing demand for affordable ECG facilities among low income people, and government support for startups of medical devices especially in developed countries.

Apart from this, growing demand for telecardiology and innovation of smart cardiac monitors are aiding the growth of this market.

On the downside, factors such as dependence on signal and amplitude which are not controlled by devices, high cost of remote cardiac arrhythmia monitoring devices, and low popularity of telemetry innovation are roadblocks to this market’s growth. Nevertheless, lack of affordable cardiac arrhythmia monitoring devices is serving to offer immense growth opportunities for players in this market. Vast set up cost to manufacture advanced medical devices is preventing small manufacturers to enter this market.

In terms of geography, the global cardiac arrhythmia monitoring devices market can be divided into North America, Asia Pacific, Europe, South America, and the Middle East & Africa. Of them, North America is the key market for cardiac arrhythmia monitoring devices due to a well-established healthcare infrastructure and high awareness among individuals of availability of hi-tech medical devices.

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Key companies operating in the global cardiac arrhythmia monitoring devices market include Koninklijke Philips N.V., GE Healthcare, Welch allyn, Nihon Kohden Corporation, Fukuda Denshi Co. Ltd., Medtronic plc, St. Jude Medical LLC, NUUBO Smart solutions Technologies SL, Spacelabs Healthcare Inc., Biotelemetry Inc., AliveCor Inc., Biotronik Inc.