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Global Cardiac Monitoring And Diagnostic Market By Type (Electrocardiogram (ECG) Systems, Holter Monitor, Event Monitor, Implantable Loop Recorder, ECG management System, Cardiovascular Diagnostic Catheters, Magnetic Resonance Imaging (MRI), Cardiac CT, Cardiac PET Scan, Doppler Fetal Monitor, Myocardial Perfusion Scans, Nuclear Imaging, Intravascular Ultrasound) – Growth, Future Prospects And Competitive Analysis, 2016 – 2024

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Market Insights

Cardiovascular diseases are one of the major causes of mortality globally; they include coronary heart disease, stroke, heart failure, peripheral vascular disease, congenital heart disease, etc. People suffering from cardiovascular disease or at high risk of cardiovascular disease require early monitoring and diagnosis for the management and treatment of their diseases.

With advancements in technology, non-invasive cardiac monitoring and diagnostics play an important role in the management and treatment of cardiovascular diseases. This monitoring and diagnostic device helps in early diagnosis and provides precise and accurate information for treatment. The market for cardiac monitoring and diagnostics is expected to expand during the forecast period, owing to the early adoption of new diagnostic technology and government initiatives and awareness programs aimed at reducing the prevalence of CVD.

The report titled “Global Cardiac Monitoring and Diagnostic Market: Growth, Share, Opportunities, and Competitive Analysis, 2016–2024” offers strategic insights into the overall cardiac monitoring and diagnostic market, along with the market size and estimates for the duration of 2016 to 2024.

The research study in question provides an in-depth examination of multiple market segments based on product type and geographical region. The product type segment studied for analyzing the overall Cardiac Monitoring and Diagnostic market is majorly segmented into Electrocardiogram (ECG) Systems, Holter Monitor, Event Monitor, ECG Management System, Cardiovascular Diagnostic Catheters, Magnetic Resonance Imaging (MRI), Cardiac CT, Cardiac PET Scan, Doppler Fetal Monitor, Myocardial Perfusion Scans, Nuclear Imaging, and Intravascular Ultrasound.

In order to help strategic decision-makers, the report also includes sections on competitive profiling of the leading players in the cardiac monitoring and diagnostic market, pipeline analysis, attractive investment propositions, and market positioning of key manufacturers. Other in-depth analysis provided in the report includes:

Geographically, the global cardiac monitoring and diagnostic market are studied for the following regional markets:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Italy
    • U.K.
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • India
    • China
    • Japan
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa

The market size and forecast for these regional and country-level markets are presented in this study for the period 2013–2024. Market growth rates for the forecast period 2016–2024 are also included in this report, considering 2015 as the base year.

Along with quantitative information, qualitative information sets and assessment tools are provided in this study for a better analysis of the overall market scenario and future prospects. Information such as market inclination insights and drivers, challenges, and opportunities assists the readers in understanding the ongoing trends in the global cardiac monitoring and diagnostic market.

Tools such as key player market positioning and an appealing investment proposition provide readers with insights into the competitive landscape of the global cardiac monitoring and diagnostic market. This report concludes with a company profiles section that highlights major information about the key players engaged in the global cardiac monitoring and diagnostic market. In-depth competitive environment analysis and historical years (2013 and 2014) of market size data are also provided in the report.

Thus, the research study provides a holistic view of the global cardiac monitoring and diagnostic market, offering market size and estimates for the period from 2016 to 2024, keeping in mind the above-mentioned factors.

Based on the type of product, the global cardiac monitoring and diagnostic market are segmented as follows:

  • Electrocardiogram (ECG) Systems
  • Resting ECG systems
  • Stress ECG systems
  • Holter Monitor
  • Event Monitor
  • Implantable loop recorder
  • ECG management system
  • Cardiovascular Diagnostic Catheters
  • Magnetic Resonance Imaging (MRI)
  • Cardiac CT
  • Cardiac PET scan
  • Doppler Fetal Monitor
  • Myocardial Perfusion Scans
  • Nuclear Imaging
  • Intravascular Ultrasound

ECG systems occupy a major share of the global cardiac monitoring and diagnostic market. ECG systems are further divided into resting ECG systems and stress systems. A resting ECG is a standard ECG that monitors the electrical activity of the heart when the patient is at rest. During exercise or any stressful activity, the ECG is monitored for stress. The ECG system is commonly used due to its convenient usage and affordability.

The ECG system is widely used in developed and developing countries. Holter monitors and event monitors have immense growth potential. Holter monitors are used as the first line of defense by physicians when a patient shows symptoms of cardiac irregularity. This monitoring system is non-invasive, safe, effective, and low-cost, which are driving factors for the market.

The next line of defense available is a compact and portable cardiac event monitor. It is used in patients with infrequent symptoms; it has an auto-capture feature where it records the activity when the patient is unaware and, with wireless technology, transmits data to a cellular network and shares it with hospitals or cardiologists. These enhanced features increase the adoption rate of the device and help it penetrate into home healthcare and point-of-care use. Implantable loops are anticipated to witness fast growth in the forecast period.

It was used to monitor patients who had seizures, dizziness, syncope, or recurrent palpitations. This device is used to diagnose and monitor the patient when symptoms are not captured in the 24- or 30-day monitoring period, giving ample opportunity to the physician to capture any abnormal activity. The rising awareness of the new monitoring and diagnostic technology has increased the adoption rate of the device and made it preferred over conventional diagnostics, which is a factor attributing to its growth in the market.

For the purpose of this study, global cardiac monitoring and diagnostic devices are categorized into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America (LATAM)
  • Middle East and Africa (MEA)

The global cardiac monitoring and diagnostic market are bifurcated into four regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East. The global cardiac monitoring and diagnostic market are dominated by the North American region, which occupies the major market share. The factors governing the major regional contribution of North America are a higher adoption rate for novel and advanced available treatment options, an increasing patient population, and a favorable reimbursement policy.

Further regulatory frameworks and government policies are well-defined and favorable for the growth of the medical device market. The next followed-up market is Europe, and factors contributing to its growth include the prevalence of cardiovascular diseases due to changes in lifestyle and the advancement of technology in cardiac diagnostic devices for better treatment options. Asia-Pacific is anticipated to be the next fastest-growing market.

Japan leads the market in Asia-Pacific, followed by China and Japan, both emerging economies. Emerging economies have the largest pool of geriatric population, and obesity, in addition to sedentary lifestyles and unhealthy eating habits, has increased the prevalence of coronary diseases, which is the driving factor for the cardiac diagnostic device. Medical tourism and the use of cutting-edge technology to treat patients at low cost are attracting patients from all over the world to developing economies, bolstering the growth of the cardiac monitoring and diagnostic market.

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions

Chapter 2 Executive Summary
2.1 Global Cardiac Monitoring and Diagnostic Devices Market Portraiture
2.2 Global Cardiac Monitoring and Diagnostic Devices Market Share, by Product type, 2015 (US$ Mn)
2.3 Global Cardiac Monitoring and Diagnostic Devices Market, by Geography, 2015 (Value %)

Chapter 3 Global Cardiac Monitoring and Diagnostic Devices Market Analysis
3.1 Global Cardiac Monitoring and Diagnostic Devices Market Overview
3.2 Market Inclination Insights
3.3 Market Dynamics
3.3.1 Market Drivers
3.3.2 Challenges
3.3.3 Opportunities
3.4 Attractive Investment Proposition, 2015
3.5 Market Positioning of Key Players in Cardiac Monitoring and Diagnostic Devices Market

Chapter 4 Global Cardiac Monitoring and Diagnostic Devices Market Analysis, by Product Type, 2013-2023s (US$ Mn)
4.1 Introduction
4.2 Electrocardiogram (ECG) Systems
4.2.1 Resting ECG Systems
4.2.2 Stress ECG Systems
4.3 Holter Monitor
4.4 Event Monitor
4.5 Implantable Loop Recorder
4.6 ECG management System
4.7 Cardiovascular Diagnostic Catheters
4.8 Magnetic Resonance Imaging (MRI)
4.9 Cardiac CT
4.10 Cardiac PET Scan
4.11 Doppler Fetal Monitor
4.12 Myocardial Perfusion Scans
4.13 Nuclear Imaging
4.14 Intravascular Ultrasound

Chapter 5 Global Cardiac Monitoring and Diagnostic Devices Market, by Geography
5.1 Preface
5.2 North America (U.S. & Canada)
5.3 Europe (U.K., Germany & Rest of Europe)
5.4 Asia Pacific (China, Japan, and Rest of APAC)
5.5 Latin America (Brazil, Mexico and Rest of LATAM)
5.6 Middle East and Africa (UAE, Saudi Arabia, South Africa)

Chapter 6 Company Profiles
6.1 Abbott Vascular Inc.
6.2 Cordis Corporation
6.3 Volcano Corporation
6.4 OSCOR, Inc.
6.5 Boston Scientific
6.6 Cook Medical
6.7 Medtronic
6.8 GE Healthcare
6.9 Koninklijke Philips N.V.
6.10 Terumo Medical Corporation
6.11 Hitachi Medical Systems America, Inc.
6.12 BioMérieux
6.13 Johnson & Johnson
6.14 Danaher Corporation
6.15 Siemens Healthcare
6.16 Other Notable Players

List of Figures

FIG. 1 Global Cardiac Monitoring and Diagnostic Devices Market: Research Methodology
FIG. 2 Global Cardiac Monitoring and Diagnostic Devices Market Share, by Product type, 2015 (US$ Mn)
FIG. 3 Global Cardiac Monitoring and Diagnostic Devices Market, by Geography, 2015 (Value %)
FIG. 4 Attractive Investment Proposition: Global Cardiac Monitoring and Diagnostic Devices Market, by Geography
FIG. 5 Market Positioning of Key Players in Cardiac Monitoring and Diagnostic Devices Device Market
FIG. 6 Global Resting ECG Systems Market in Cardiac Monitoring and Diagnostic Devices, 2013 – 2023 (US$ Mn)
FIG. 7 Global Stress ECG Systems Market in Cardiac Monitoring and Diagnostic Devices, 2013 – 2023 (US$ Mn )
FIG. 8 Global Holter Monitor Market in Cardiac Monitoring and Diagnostic Devices, 2013 – 2023 (US$ Mn )
FIG. 9 Global Event Monitor Market in Cardiac Monitoring and Diagnostic Devices, 2013 – 2023 (US$ Mn )
FIG. 10 Global Implantable Loop Recorder Market in Cardiac Monitoring and Diagnostic Devices, 2013 – 2023 (US$ Mn)
FIG. 11 Global ECG management System Market in Cardiac Monitoring and Diagnostic Devices, 2013 – 2023 (US$ Mn )
FIG. 12 Global Cardiovascular Diagnostic Catheters Market in Cardiac Monitoring and Diagnostic Devices, 2013 – 2023 (US$ Mn )
FIG. 13 Global Magnetic Resonance Imaging (MRI) Market in Cardiac Monitoring and Diagnostic Devices, 2013 – 2023 (US$ Mn )
FIG. 14 Global Cardiac CT Market in Cardiac Monitoring and Diagnostic Devices, 2013 – 2023 (US$ Mn )
FIG. 15 Global Cardiac PET Scan Market in Cardiac Monitoring and Diagnostic Devices, 2013 – 2023 (US$ Mn )
FIG. 16 Global Doppler Fetal Monitor Market in Cardiac Monitoring and Diagnostic Devices, 2013 – 2023 (US$ Mn )
FIG. 17 Global Myocardial Perfusion Scans Market in Cardiac Monitoring and Diagnostic Devices, 2013 – 2023 (US$ Mn )
FIG. 18 Global Nuclear Imaging Market in Cardiac Monitoring and Diagnostic Devices, 2013 – 2023 (US$ Mn )
FIG. 19 Global Intravascular Ultrasound Market in Cardiac Monitoring and Diagnostic Devices, 2013 – 2023 (US$ Mn )

List of Tables

TABLE 1 Global Cardiac Monitoring and Diagnostic Devices Market, By Product Type 2013-2023 (US$ Mn)
TABLE 2 Global Cardiac Monitoring and Diagnostic Devices Market, by Geography, 2013 – 2023 (US$ Mn)
TABLE 3 North America Cardiac Monitoring and Diagnostic Devices Market, by Country, 2013 – 2023 (US$ Mn)
TABLE 4 Europe Cardiac Monitoring and Diagnostic Devices Market, by Country, 2013 – 2023 (US$ Mn)
TABLE 5 Asia-Pacific Cardiac Monitoring and Diagnostic Devices Market, by Country, 2013 – 2023 (US$ Mn)
TABLE 6 Latin America Cardiac Monitoring and Diagnostic Devices Market, by Country, 2013 – 2023 (US$ Mn)
TABLE 7 Middle East and Africa Cardiac Monitoring and Diagnostic Devices Market, by Country, 2013 – 2023 (US$ Mn)
TABLE 8 Abbott Vascular Inc.: Company Snapshot (Business Description; Financial Performance; Product Portfolio; News Coverage)
TABLE 9 Cordis Corporation: Company Snapshot (Business Description; Financial Performance; Product Portfolio; News Coverage)
TABLE 10 Volcano Corporation: Company Snapshot (Business Description; Financial Performance; Product Portfolio; News Coverage)
TABLE 11 OSCOR, Inc. : Company Snapshot (Business Description; Financial Performance; Product Position Portfolio; News Coverage)
TABLE 12 C Boston Scientific: Company Snapshot (Business Description; Financial Performance; Product Portfolio; News Coverage)
TABLE 13 Cook Medical: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 14 Medtronic: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 15 GE Healthcare: Company Snapshot (Business Description; Financial Performance; Product Portfolio; News Coverage)
TABLE 16 Koninklijke Philips N.V.: Company Snapshot (Business Description; Financial Performance; Product Portfolio; News Coverage)
TABLE 17 Terumo Medical Corporation: Company Snapshot (Business Description; Financial Performance; Product Portfolio; News Coverage)
TABLE 18 Hitachi Medical Systems America, Inc.: Company Snapshot (Business Description; Financial Performance; Product Portfolio; News Coverage)
TABLE 19 BioMérieux: Company Snapshot (Business Description; Financial Performance; Product Portfolio; News Coverage)
TABLE 20 Johnson & Johnson: Company Snapshot (Business Description; Financial Performance; Product Portfolio; News Coverage)
TABLE 21 Danaher Corporation: Company Snapshot (Business Description; Financial Performance; Product Portfolio; News Coverage)
TABLE 22 Siemens Healthcare : Company Snapshot (Business Description; Financial Performance; Product Portfolio; News Coverage)

Frequently Asked Questions:

What is the size of Cardiac Monitoring And Diagnostic Market?

The market for Cardiac Monitoring And Diagnostic Market is expected to reach USD 3,101.2 Mn By 2024.

What is the Cardiac Monitoring And Diagnostic Market CAGR?

The Cardiac Monitoring And Diagnostic Market is expected to see significant CAGR growth over the coming years, at 6.5%.

What is the Forecast period considered for Cardiac Monitoring And Diagnostic Market?

The report is forecasted from 2016-2024.

What is the base year considered for Cardiac Monitoring And Diagnostic Market?

The base year of this report is 2015.

Who are the major players in this market?

Abbott Vascular Inc., Cordis Corporation, Boston Scientific, Johnson & Johnson are some of the major players in the global market.

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