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    Wearable Cardiac Devices Market | Covid-19 Impact Analysis

    Wearable Cardiac Devices Market | Covid-19 Impact Analysis

    Wearable Cardiac Devices Market  | Covid-19 Impact Analysis
    Report code - SRHL176 Delivery - 2 Weeks
    Wearable Cardiac Devices Market Size, Share, Trend, Forecast, & Industry Analysis  See more...
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    Wearable Cardiac Devices Market Insights

    Wearable cardiac devices market is likely to witness an impressive CAGR of 14.3% over the forecast period. The prime factor that is contributing to the demand for wearable cardiac devices is the rising cases of cardiovascular disorders.

    Wearable Cardiac Devices Market – Snapshot

    Growth

    14.3% for the next five years

    Key Product Type

    Patch

    Dominant Application Type

    Home Healthcare

    Region with the highest demand

    North America

    Key Players

    Proteus Digital Health, Welch Allyn, VitalConnect, iRhtythm    Technologies Inc., Biotelemetry Inc., Cardiac Rhythm, ZOLL Medical Corporation, and Qardio Inc.

     

    Market Share Analysis

    Wearable-Cardiac-Devices-Market-Dominant-Segments

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    Wearable Cardiac Devices Market Share: By Product Type

    Based on the product type, the market is segmented as holter monitors, patch, and defibrillators. The patch segment is projected to maintain its dominance over the forecast period owing to features such as high accuracy, automated calculation, and real time data recording.

    Wearable Cardiac Devices Market Share: By Application Type

    Based on the application type, the market is segmented as home healthcare, remote patient monitoring, and others. The home healthcare segment accounted for the largest share of the market in 2019, and is expected to maintain its dominance driven by growing geriatric population coupled with technological advancements in the field of medical devices.

    Wearable Cardiac Devices Market Share: By Region

    In terms of regions, North America is projected to be the largest market. The North American market is expected to grow with a lucrative CAGR over the forecast period owing to well-developed healthcare infrastructure, high adoption of advanced technology, and high healthcare expenditure.

    Wearable-Cardiac-Devices-Market-By-Region

    Know which region offers best growth opportunities. Click here

    Some of the major market players of wearable cardiac devices are-

    • Proteus Digital Health
    • Welch Allyn
    • VitalConnect
    • iRhtythm Technologies Inc.
    • Biotelemetry Inc.
    • Cardiac Rhythm
    • ZOLL Medical Corporation
    • Qardio Inc.

     

    Market Scope & Segmentation

    Wearable cardiac devices are medical devices that are worn on the body to calculate, display, and store heart-related statistics in real time. These devices are in the form of patches, wrist watches, and fitness monitors.

    The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Wearable Cardiac Devices Market Research Report – Features

    Market Segmentation

    3

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    8

     

    The wearable cardiac devices market is segmented into the following categories. 

    Wearable Cardiac Devices Market Size, Share, & Forecast, by Product Type:

    • Holter Monitors (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Patch (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Defibrillators  (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Wearable Cardiac Devices Market Size, Share, & Forecast, by Application Type:

    • Home Healthcare (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Remote Patient Monitoring (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Wearable Cardiac Devices Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Wearable-Cardiac-Devices-Market-Segmentation

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    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the product types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    Frequently Asked Questions (FAQs)

    What will be the growth of Wearable Cardiac Devices Market in the foreseeable future?

    The wearable cardiac devices market is expected to witness an impressive growth of 14.3% CAGR in the foreseeable future.

    Who are the key players in the Wearable Cardiac Devices Market?

    Proteus Digital Health, Welch Allyn, VitalConnect, iRhtythm Technologies Inc., Biotelemetry Inc., Cardiac Rhythm, ZOLL Medical Corporation, and Qardio Inc are among the key players in the wearable cardiac devices market.

    Which country/region is expected to remain the largest Wearable Cardiac Devices Market?

    North America is expected to remain the largest wearable cardiac devices market during the next five years.

    Which application type is expected to remain dominant in the Wearable Cardiac Devices Market?

    The home healthcare segment is expected to remain dominant application type in the wearable cardiac devices market in the coming years.

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