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GE healthcare and Phillips healthcare accounts for 50% share of the Global Cardiovascular Monitoring and Diagnostic Devices Market.

 



(Medical-NewsWire.com, November 15, 2017 ) Cardiovascular disease involves the diseases of heart and blood vessels. It includes coronary artery diseases such as heart attack, hypertensive heart disease, cardiomyopathy, rheumatic heart disease, heart arrhythmia, alvular heart disease, carditis, aortic aneurysms and others. This disease is caused by smoking, diabetes, high blood pressure, high blood cholesterol, lack of exercise, obesity, poor diet, and excessive alcohol consumption.Tthe Global market is projected to reach USD 2.71 billion by 2022, at a CAGR of 6.4% from 2017 to 2022.

Cardiac monitoring refers to continuous monitoring of heart activity, by electrocardiography in order to assess the patient's condition relative to their cardiac rhythm. With the increase in aged population and heart diseases, there is a evidential growth for this market.

Global Cardiovascular Monitoring and Diagnostic Devices Market: Drivers & Restraints
The Global market for Cardiovascular Diagnostic and Monitoring Devices is driving due to the factors like increasing risks related to hypertension, rise in number of people suffering from diabetes and obesity, heart muscle weakening, rise in infrastructure facilities, growing people awareness, additional features enabled due to the technological advancements such as portability in performing various tests.

However strict government regulations for products, unclear reimbursement policies, and high cost of monitoring devices are some the major factors hampering the growth of the market

Get accurate market forecast and analysis on the Global Cardiovascular Monitoring and Diagnostic Devices Market. Request a sample to stay up-to-date on the main trends affecting this market: http://www.marketdataforecast.com/market-reports/global-cardiovascular-monitoring-and-diagnostic-devices-market-222/request-sample

Global Cardiovascular Monitoring and Diagnostic Devices Market: Segmentation

By Product Type
• ECG Systems
o Resting ECG Systems
o Stress ECG Systems
• Event Monitors
• Holter Monitors
• Implantable Loop Recorders
• ECG Management Systems

By Geography
• North America
o United States
o Canada

• Europe
o U.K
o Spain
o Germany
o Italy
o France

• Asia-Pacific
o China
o India
o Japan
o Australia
o South Korea

• Latin America
o Brazil
o Argentina
o Mexico
o Rest of Latin America

• Middle East & Africa
o Middle-East
o Africa

Global Cardiovascular Monitoring and Diagnostic Devices Market: Overview
In 2017, ECG systems is anticipated to have the largest share in the market and expected to maintain its strong hold in the market for the coming years owing to widespread availability and increasing preference for these devices in both developed and developing region.

In 2017, North America is the largest market for cardiovascular diagnostic and monitoring devices market due to its favourable reimbursement policies, presence of large healthcare companies, rising awareness about available diagnosis and treatment methods among patients and physicians. Asia-Pacific is anticipated to be the fastest growing region during the forecast period due to emerging economies, increased healthcare spending and rising awareness about the effectiveness of accessible devices in successfully curing several cardio vascular conditions.

Global Cardiovascular Monitoring and Diagnostic Devices Market: Key Players
The Key players accounting for larges share in the global market for cardiovascular diagnostic and monitoring devices are GE healthcare and Phillips healthcare. Other major players are Siemens Healthcare, Nihon Kohden Corporation, Boston Scientific Corporation, St. Jude Medical, Inc., and Welch Allyn, Inc.

About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more information, kindly visit, www.marketdataforecast.com.


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Source: EmailWire.Com

Source: EmailWire.com


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