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Heart rhythm devices Market Demand, Size, Technology, Product Scope, Business Scenario, Trends, Share, Applications, Types and Forecasts 2019 – 2027

Key Highlights From The Report

Discontinuation in follow up with physicians is one of the prominent market restraint, to remove the limitation market players are engaged in developing PoC or heart rhythm devices at homecare settings. For instance, in July 2020, AliveCor launched KardiaCare- a digital health subscription service that record ECG of the heart at home without need of any physicians
Heart rhythm devices that are to be implanted such as ILR, ICM and others work for certain time that might hinder market to avoid discontinuation players are engaged in developing optimum products. For instance, in June 2020, Boston Scientific received U.S. Food and Drug Administration (FDA) 510(k) clearance for the LUX-Dx Insertable Cardiac Monitor (ICM) System, a new, long-term diagnostic device implanted in patients to detect arrhythmias associated with conditions such as atrial fibrillation (AF), cryptogenic stroke and syncope
With the rise in the prevalence of arrhythmias, end users like ambulatory centers are emerging owing to its accessibility thus leading players are engaged in collaborating with centers to offer desired products. For instance, in May 2020, Bardy Diagnostics has received CE mark certification for the 14-day version of the Carnation Ambulatory Monitor (CAM) patch, the p-wave centric ambulatory cardiac patch monitor and to detect arrhythmia. The company also is expected to bring remotely managed product to monitor patients in COVID-19 crisis with least exposure
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Competitor Analysis:

Furthermore, the report also assesses the market based on market reach and consumer base in the key geographical regions of the world. The report also provides an extensive analysis of the key players with regards to their market size, market share, sales volume, production and consumption rate, expansion strategies, and overall competitive scenario. The key players profiled in the report are Medtronic (Ireland), Boston Scientific (US), Abbott Laboratories (US), GE Healthcare (US), BIOTRONIK (Germany), Hill-Rom Holding (US), and Koninklijke Philips (Netherlands), Cardiac Science, Livanova, Stryker, Schiller AG, Biotelemetry, Applied Cardiac System, Zoll Medical Corporation among others.

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The research study presents an industry-wide summary of the Heart rhythm devices market, including drivers, constraints, technological advancements, product developments, limitations, growth strategies, growth prospects, etc. among others. The report analyzes the market based on different categories, such as product types, end-user applications, and leading geographical regions.

Segmental Analysis:

The report provides an in-depth analysis of the key competitors operating in the industry. The report offers insights into their product portfolio, business overview, financial standing, market position, revenue generation, market share and market size, and production and manufacturing capacity along with pricing analysis.

Type Outlook (Revenue in Million USD; 2017–2027)

ECG devices
Product
Resting ECG Devices
External Defibrillators
Manual External Defibrillator
Automatic External Defibrillator
Wearable Cardioverter Defibrillator
Implantable Loop Recorders
Cardiac Resynchronization Therapy (CRT)
Cardiac Resynchronization Therapy Defibrillators (CRT-D)
Cardiac Resynchronization Therapy Pacemakers (CRT-P)
Others
Applications outlook (Revenue in Million USD; 2017–2027)                  

Bradycardia
Tachycardia
Heart Failure
Others
End Use outlook (Revenue in Million USD; 2017–2027)             

Hospitals
Clinics
Ambulatory Surgical Centers,
Home Care Settings
Others
Regional Analysis:

The report mainly focuses on the key market regions where the market is spread, including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The report further focuses on the key segments of the market, such as product types, application spectrum, technology, end-user industries, among others.

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