Continuous Cardiac Monitoring Systems Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2021-2026
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Continuous Cardiac Monitoring Systems Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2021-2026
The Continuous Cardiac Monitoring Systems Market is segmented by Type (Portable, and Standalone), by End-User Type (Home Care Settings, Hospitals, Cardiology Clinics, and Ambulatory Surgical Centers), and by Region (North America [The USA, Canada, and Mexico], Europe [Germany, France, The U.K., Russia, and Rest of Europe], Asia-Pacific [China, Japan, India, South Korea, and Rest of Asia-Pacific], and Rest of the World [Brazil, Saudi Arabia, Israel, and Others]) - COVID-19 Impact Analysis and Forecast to 2026.
The Continuous Cardiac Monitoring Systems Market is segmented by Type ...
“The Continuous Cardiac Monitoring Systems Market is projected to grow at a promising CAGR during the forecast period”.
Market Dynamics
Introduction
Continuous cardiac monitoring systems (CSM) are medical devices used in hospitals. Hospital supplies mainly include the supply of patient examination devices, disinfectant and sterilization equipment, operating room equipment, needles, and syringes. The medical equipment is used for treatments and diagnosis of diseases.
Market Drivers
The market is primarily driven by the increasing prevalence of cardiovascular diseases such as heart failure and cardiac arrest. The rising prevalence of chronic diseases coupled with increasing spending on healthcare and the expanding geriatric population is expected to propel the market growth at a significant rate during the review period.
Additionally, increasing spending on R&D activities to develop advanced healthcare solutions is likely to create lucrative opportunities for the market players during the review period.
COVID-19 Impact
The outbreak of the COVID-19 virus has affected the growth of the healthcare industry significantly. Stringent lockdown measures and restricted movement of people affected the product supply for a short period and thus, affected the market growth.
Segments Analysis
Segmentations
List of Sub-Segments
Dominant and Fastest-Growing Segments
End-User-Type Analysis
Home care settings, hospitals, cardiology clinics, and ambulatory surgical centers
The hospital segment is expected to experience significant growth throughout the forecast period.
Regional Analysis
North America, Europe, Asia-Pacific, and Rest of the World
North America is expected to grow at a significant CAGR during the forecast period.
By End-User Type
“The hospitals segment dominated the market share in 2020 and is projected to register significant growth during the forecast period”.
The market has been segmented into home care settings, hospitals, cardiology clinics, and ambulatory surgical centers. Under these, the hospitals segment accounted for the largest market share in 2020 and is projected to register significant growth during the forecast period.
Regional Analysis
“North America is projected to grow at a significant CAGRduring the forecast period”.
The market is broken down geographically into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). North America accounted for the largest market share in 2020 and is projected to grow at a significant CAGR during the forecast period.
The regional growth is primarily attributed to rising incidences of cardiovascular diseases coupled with an expanding geriatric populace and the presence of key market players such as Boston Scientific Corporation (US) and Cardiac Science Corporation (US). The market growth in the Asia-Pacific region is expected to be driven by increasing spending on healthcare, particularly in China and India.
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Key Players
The following are the key players in the Continuous Cardiac Monitoring Systems Market (arranged alphabetically)
Boston Scientific Corporation (US)
Canon Medical Systems Corporation (Japan)
Cardiac Science Corporation (US)
Deltex Medical Group (UK)
Edwards Lifesciences (US)
GE Healthcare (US)
Koninklijke Philips N.V. (Netherlands)
LiDCO Group (UK)
Medtronic plc (Ireland)
Mennen Medical (Israel)
Pulsion Medical Systems SE (Germany)
Siemens Healthineers AG (Germany)
Note: The above list does not necessarily include all the top players in the market.
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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.
What Deliverables Will You Get in this Report?
Key questions this report answers
Relevant contents in the report
How big is the sales opportunity?
In-depth Analysis of the Continuous Cardiac Monitoring Systems Market
How lucrative is the future?
The market forecast and trend data and emerging trends
Which regions offer the best sales opportunities?
Global, regional, and country-level historical data and forecasts
Which are the most attractive market segments?
Market segment analysis and Forecast
Which are the top players and their market positioning?
Porter’s five forces analysis, PEST analysis, Life cycle analysis
What are the factors affecting the market?
Drivers & challenges
Will I get the information on my specific requirement?
10% free customization
Research Methodology
This report offers high-quality insights and is the outcome of a 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 books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.
We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.
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 three players)
SWOT analysis of key players (up to three players)
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 to sales@stratviewresearch.com.
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Continuous cardiac monitoring systems (CSM) are medical devices used in hospitals. Hospital supplies mainly include the supply of patient examination devices, disinfectant and sterilization equipment, operating room equipment, needles, and syringes. The medical equipment is used for treatments and diagnosis of diseases.
The market is driven by the rise in cardiovascular diseases, chronic conditions, healthcare spending, and an aging population, with increased R&D investments creating growth opportunities.
Boston Scientific Corporation (US), Cardiac Science Corporation (US), Deltex Medical Group (UK), Edwards Lifesciences (US), GE Healthcare (US), LiDCO Group (UK), Medtronic plc (Ire-land), Mennen Medical (Israel), Koninklijke Philips N.V. (Netherlands), Pulsion Medical Systems SE (Germany), Siemens Healthineers AG (Germany) and Canon Medical Systems Corporation (Japan) are among the key players in the continuous cardiac monitoring systems market.
