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The Global Cardiac Monitoring & Cardiac Rhythm Management market accounted for $25,152.56 million in 2019 and is expected to reach $48,665.45 million by 2027 growing at a CAGR of 8.6% during the forecast period. The rising rate of cardiac disorders, patient awareness, and the growing number of unmet medical needs in developing and underdeveloped countries are the major factors propelling the growth of the market. However, limited insurance coverage options and the high cost of these devices are hampering the growth of the market.
The cardiac monitoring enables the observing of a patient s cardiac activity. Cardiac rhythm management maintains a normal cardiac rhythm in patients suffering from irregular heart rate and rhythm disorder. The cardiac monitoring & cardiac rhythm management include devices that help the patients to manage and treat arrhythmia-related diseases. These devices play a crucial role in t
Cardiac Monitoring & Cardiac Rhythm Management Market 2021 Global Share, Trend, Segmentation, Analysis and Forecast to 2026
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Global Cardiac Arrhythmia Market will be US$ 7.9 Billion by 2026.
Globally, cardiovascular diseases are the leading cause of mortality. According to the World Health Organisation, nearly 17.9 million global deaths occur due to cardiovascular disease every year. According to the American Heart Association (AHA), more than 800 thousand individuals die from cardiovascular diseases in the United States each year and nearly 92.1 million Americans are living with some form of cardiovascular disease. A cardiac arrhythmia is a condition where the person heartbeat is irregular, i.e., either, too slow, or too fast. Cardiac arrhythmia monitoring devices help in monitoring the patients who are at risk with heart arrhythmia.
Search jobs 29-Dec-2020 Patient Monitoring Equipment Market Size Worth $28460.75 Million | Industry Trends, Growth, Size, Share, Segmentation, In-depth Analysis Research Report, 2025
Pune, Maharashtra, India, December 29 2020 (Wiredrelease) Brandessence Market Research and Consulting Pvt ltd –:Global Patient Monitoring Equipment Market is valued at USD 19053.49 million in 2018 and expected to reach USD 28460.75 million by 2025 with a CAGR of 5.90% over the forecast period.
Growing preference for home and remote monitoring, and ease-of-use and portability of devices to encourage adoption of point-of-care monitoring devices are some factors responsible for the growth of patient monitoring equipment market.
Scope of Patient Monitoring Equipment Market Report:
Patient monitoring equipment includes devices that are intended to measure and observe changes in vital signs, or the neurological and cardiac functions of a patient. Patient