Cardiac Event Monitor Market Reach $4.8 billion by 2023 April 2017 | Page 2
Cardiac Event Monitor Markets: Market Shares, Strategies, and Forecasts,
2017 to 2023
Cardiac Event Monitor Market forecast at $1.1 billion in 2016 will reach $4.8 billion by 2023. Growth
comes as this technology is able to support the greater emphasis that is being put on early diagnosis
and prevention of disease by the medical community as a whole. Heart disease has been the number
one killer of people, creating a need for more proactive and ongoing diagnosis made possible by
increased use of the remote units extending medical care from the acute care setting to everyday
modalities.
Growth is based on implementation of devices that measure cardiac function over a period of a
month, provide analytics within the device, and send alerts to a physician.
Digitalization of healthcare is shifting value from devices per se to software and services. Physicians
are looking for new ways to proactively monitor and manage patient health. The challenges of
delivering patient cardiac care can only be met through new, more integrated forms of care delivery
across the health continuum, with a shift away from a focus on acute care and late-stage
interventions to continuing care delivery that is appropriate to the circumstance.
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