Cardiovascular Monitoring and Diagnostic Devices Market Trends and Sh Oct.2016 | Page 2
Global Cardiovascular Monitoring Devices Market
According to the report "Cardiovascular Monitoring and Diagnostic Devices Market",
published by Market Data Forecast, the global market is projected to reach USD 2391 million
by 2020, at a CAGR of 6.4% from 2015 to 2020.
For full report refer to: http://www.marketdataforecast.com/market-reports/globalcardiovascular-monitoring-and-diagnostic-devices-market-222/
Cardiovascular disease is a medical condition which affects the structure and function of
organs associated with function of heart and its circulation. Cardio Vascular diseases are the
primary cause of death and witnessing a high rise in prevalence.
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Increasing risks related to hypertension, heart muscle weakening, increasing number of
people suffering from diabetes and obesity are the major factors driving the market.
Technological advancements have enabled additional features such as portability in
performing various tests which are further adding to the growth of Cardiovascular Monitoring
market. However unclear reimbursement policies, strict government regulations for product
approvals are some of the major factors restraining the market growth. Untapped markets in
Asia-Pacific market provide a great opportunity for market growth.
Global for cardiovascular diagnostic and monitoring devices is analysed on the basis of
product
ECG systems
Resting ECG systems
Stress ECG systems
•
Holter Monitors
•
Event Monitors
•
Implantable loop recorders and
•
ECG management systems
GE healthcare and Phillips healthcare dominated the global Cardiovascular Monitoring and
Diagnostic Devices Market accounting for an approximately 50% share. Other major players
covered in the report are Siemens Healthcare, Boston Scientific Corporation, St. Jude Medical,
Inc., Nihon Kohden Corporation, and Welch Allyn, Inc.
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