North America Cardiac Arrhythmia Monitoring Devices Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 6.00 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
North America Cardiac Arrhythmia Monitoring Devices Market Analysis
Telecardiology, in general, provides a monitoring device that can be fixed on the chest area of the patients suffering from cardiac arrhythmia. Telecardiology is a cost-effective intervention for the elderly population affected by heart failure. In most of the cardiac disorders, continuous cardiac monitoring is required. Although cardiac arrhythmia cannot be cured completely, the best possible way to continuously monitor the patients suffering from cardiac arrhythmia is through remote patient monitoring. Since these devices improve the convenience of the patients, it is becoming extremely popular among both, patients and the doctors. Moreover, due to rising investments in cardiology informatics, connected devices, and mobile solutions for advanced cardiac care. Hence, owing to these factors, the market is expected to witness rapid growth in the forecast period.
North America Cardiac Arrhythmia Monitoring Devices Market Trends
This section covers the major market trends shaping the North America Cardiac Arrhythmia Monitoring Devices Market according to our research experts:
Holter Monitoring Devices is Expected to Hold Largest Share Over the Forecast Period
Holter monitoring devices dominate the market as these devices can be used for longer durations for diagnosing sporadic symptoms in suffering patients. They also offer faster and convenient monitoring to increase patient compliance and is also likely to enhance treatment outcome. Furthermore, there are several advancements taking place in the cardiac arrhythmia monitoring devices market and these advances are rapidly increasing, which in turn, is driving the cardiac arrhythmia monitoring devices market. For instance, recently, NASA launched the human research facility Holter monitor (Holter), which is a modified commercial off-the-shelf (COTS) device that accurately records the electrical activity of a crewmember's heart over an extended period of time. Furthermore, cardiovascular diseases are the major cause of deaths in North America, which has increased the need for the development of advanced devices, which in turn fuels the market growth.
North America Cardiac Arrhythmia Monitoring Devices Industry Overview
The North American cardiac arrhythmia monitoring devices market consists of several major players. The companies are implementing certain strategic initiatives, such as mergers and acquisitions, new product launches, and partnerships that help them in strengthening their market position. For instance, in December 2018, iRhythm Technologies Inc. developed a new device called Zio patch, which helps patients to monitor their heartbeat. Market leaders with more funds for research and better distribution system have established their position in the market
North America Cardiac Arrhythmia Monitoring Devices Market Leaders
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BioTelemetry Inc.
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Cardiac Science Corporation
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GE Healthcare
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iRhythm Technologies Inc.
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Abbott Laboratories
*Disclaimer: Major Players sorted in no particular order
North America Cardiac Arrhythmia Monitoring Devices Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.2.1 Increasing Use of Telecardiology
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4.2.2 Ease of Use and Portability of Cardiac Arrhythmia Monitoring Devices
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4.2.3 Development of Smart Cardiac Monitors
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4.3 Market Restraints
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4.3.1 High Cost of Remote Cardiac Arrhythmia Monitoring
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4.4 Porter's Five Force Analysis
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4.4.1 Threat of New Entrants
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4.4.2 Bargaining Power of Buyers/Consumers
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4.4.3 Bargaining Power of Suppliers
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4.4.4 Threat of Substitute Products
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4.4.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Device
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5.1.1 Event Monitoring Devices
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5.1.2 Continuous Rhythm Monitoring Devices
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5.1.3 Holter Monitoring Devices
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5.1.4 Other Devices
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5.2 By Service Providers
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5.2.1 Mobile Cardiac Telemetry Monitoring Service Providers
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5.2.2 Independent Diagnostic Testing Facilities/Clinics
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5.3 Geography
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5.3.1 North America
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5.3.1.1 United States
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5.3.1.2 Canada
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5.3.1.3 Mexico
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6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
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6.1.1 ACS Diagnostics, Inc.
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6.1.2 BioTelemetry Inc.
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6.1.3 Cardiac Science Corporation
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6.1.4 GE Healthcare
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6.1.5 iRhythm Technologies Inc.
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6.1.6 Medi-Lynx Cardiac Monitoring LLC
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6.1.7 Koninklijke Philips NV
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6.1.8 Abbott Laboratories
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6.1.9 Medtronic PLC
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
North America Cardiac Arrhythmia Monitoring Devices Industry Segmentation
As per the scope of the report, cardiac arrhythmia monitoring devices refer to the instruments that are used to treat arrhythmia.
| By Device | |
| Event Monitoring Devices | |
| Continuous Rhythm Monitoring Devices | |
| Holter Monitoring Devices | |
| Other Devices |
| By Service Providers | |
| Mobile Cardiac Telemetry Monitoring Service Providers | |
| Independent Diagnostic Testing Facilities/Clinics |
| Geography | |||||
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North America Cardiac Arrhythmia Monitoring Devices Market Research FAQs
What is the current North America Cardiac Arrhythmia Monitoring Devices Market size?
The North America Cardiac Arrhythmia Monitoring Devices Market is projected to register a CAGR of 6% during the forecast period (2024-2029)
Who are the key players in North America Cardiac Arrhythmia Monitoring Devices Market?
BioTelemetry Inc., Cardiac Science Corporation, GE Healthcare, iRhythm Technologies Inc. and Abbott Laboratories are the major companies operating in the North America Cardiac Arrhythmia Monitoring Devices Market.
What years does this North America Cardiac Arrhythmia Monitoring Devices Market cover?
The report covers the North America Cardiac Arrhythmia Monitoring Devices Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Cardiac Arrhythmia Monitoring Devices Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
North America Arrhythmia Monitoring Devices Industry Report
Statistics for the 2023 North America Arrhythmia Monitoring Devices market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. North America Arrhythmia Monitoring Devices analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
