Cardiac Monitoring Devices - Market Study by Global Industry Analysts, Inc.

Cardiac monitoring & cardiac rhythm management devices

A Global Strategic Business Report

MCP10896

RESEARCH STATS

DATE

MAR 2023

COMPANIES

47

TABLES

123

197

EDITION

7

PRICE

USD 4950

CODE

MCP10896

*Engagement stats are ongoing and dynamic

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HIGHLIGHTS & REPORT INDEX

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Economic Outlook

The global economic outlook is improving, and growth recovery, albeit on the lower side, is expected for this year and the next. The United States although witnessing slowing GDP growth in response to tight monetary and financial conditions, has nevertheless overcome the recession threat. Easing of headline inflation in Euro area is helping boost real incomes and is contributing to pick-up in economic activity. China is expected to see strong increases in GDP in the coming year as the pandemic threat recedes and the government sheds its zero-COVID policy. With optimistic GDP projections, India remains on-course to emerge into a US$6 trillion economy by 2030, surpassing Japan and Germany.

The upturn, however, remains fragile and a number of interlocking challenges continue to run in parallel, such as continued uncertainty around the war in Ukraine; slower than expected decline in global headline inflation; continuation of food and fuel inflation as a persistent economic problem for most developing countries; and still high retail inflation and its impact on consumer confidence and spending. Countries and their governments are showing signs of weathering these challenges, which helps lift market sentiments. As governments continue to combat inflation to get it down to more economically conformable levels by raising interest rates, new job creation will slowdown and impact economic activity. Stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced.

Although corporate investments can likely be held back by inflation worries and weaker demand, rise of new technologies will reverse partially this prevailing investment sentiment. Rise of generative AI; applied AI; industrializing machine learning; next-generation software development; Web3; cloud and edge computing; quantum technologies; electrification and renewables and climate technologies beyond electrification and renewables, will open up the global investment landscape. The technologies hold the potential to drive sizeable incremental growth and value to global GDP in the coming years. The short-term is expected to be a mixed bag of challenges and opportunities for both consumers and investors alike. There is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.

Global Cardiac monitoring & cardiac rhythm management devices Market to Reach $34.4 Billion by 2030
The global market for Cardiac monitoring & cardiac rhythm management devices estimated at US$25.1 Billion in the year 2022, is projected to reach a revised size of US$34.4 Billion by 2030, growing at aCAGR of 4% over the period 2022-2030. Electrocardiogram (ECG) Devices, one of the segments analyzed in the report, is projected to record 3.8% CAGR and reach US$22.1 Billion by the end of the analysis period. Growth in the Implantable Loop Recorder (ILRs) segment is estimated at 4.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $7.5 Billion, While China is Forecast to Grow at 3.8% CAGR
The Cardiac monitoring & cardiac rhythm management devices market in the U.S. is estimated at US$7.5 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$6.1 Billion by the year 2030 trailing a CAGR of 3.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.8% and 3.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR.

SELECT PLAYERS

Abbott Laboratories; Applied Cardiac Systems, Inc.; BioTelemetry, Inc.; Biotronik SE & Co. KG; Boston Scientific Corporation; Cardiac Science Corporation; GE Healthcare; Hill-Rom Holdings, Inc.; LivaNova PLC; Medtronic PLC; Philips Healthcare; Schiller AG

SEGMENTS

» Segment (Electrocardiogram (ECG) Devices, Implantable Loop Recorder (ILRs), Cardiac Event Monitors, Cardiac Output Monitoring (COM) Devices)

GEOGRAPHIES

» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Influencer Market Insights

World Market Trajectories

Cardiac Monitoring Devices – Global Key Competitors Percentage Market Share in 2022 (E)

Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

World Recent Past, Current & Future Analysis for Cardiac monitoring & cardiac rhythm management devices by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR

World Historic Review for Cardiac monitoring & cardiac rhythm management devices by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR

World 16-Year Perspective for Cardiac monitoring & cardiac rhythm management devices by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2014, 2023 & 2030

World Recent Past, Current & Future Analysis for Electrocardiogram (ECG) Devices by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR

World Historic Review for Electrocardiogram (ECG) Devices by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR

World 16-Year Perspective for Electrocardiogram (ECG) Devices by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030

World Recent Past, Current & Future Analysis for Implantable Loop Recorder (ILRs) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR

World Historic Review for Implantable Loop Recorder (ILRs) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR

World 16-Year Perspective for Implantable Loop Recorder (ILRs) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030

World Recent Past, Current & Future Analysis for Cardiac Event Monitors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR

World Historic Review for Cardiac Event Monitors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR

World 16-Year Perspective for Cardiac Event Monitors by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030

World Recent Past, Current & Future Analysis for Cardiac Output Monitoring (COM) Devices by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR

World Historic Review for Cardiac Output Monitoring (COM) Devices by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR

World 16-Year Perspective for Cardiac Output Monitoring (COM) Devices by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030

World Cardiac monitoring & cardiac rhythm management devices Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030

III. MARKET ANALYSIS

UNITED STATES

Cardiac monitoring & cardiac rhythm management devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)

USA Recent Past, Current & Future Analysis for Cardiac monitoring & cardiac rhythm management devices by Segment - Electrocardiogram (ECG) Devices, Implantable Loop Recorder (ILRs), Cardiac Event Monitors and Cardiac Output Monitoring (COM) Devices - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR

USA Historic Review for Cardiac monitoring & cardiac rhythm management devices by Segment - Electrocardiogram (ECG) Devices, Implantable Loop Recorder (ILRs), Cardiac Event Monitors and Cardiac Output Monitoring (COM) Devices Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR

USA 16-Year Perspective for Cardiac monitoring & cardiac rhythm management devices by Segment - Percentage Breakdown of Value Sales for Electrocardiogram (ECG) Devices, Implantable Loop Recorder (ILRs), Cardiac Event Monitors and Cardiac Output Monitoring (COM) Devices for the Years 2014, 2023 & 2030

CANADA

Canada Recent Past, Current & Future Analysis for Cardiac monitoring & cardiac rhythm management devices by Segment - Electrocardiogram (ECG) Devices, Implantable Loop Recorder (ILRs), Cardiac Event Monitors and Cardiac Output Monitoring (COM) Devices - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR

Canada Historic Review for Cardiac monitoring & cardiac rhythm management devices by Segment - Electrocardiogram (ECG) Devices, Implantable Loop Recorder (ILRs), Cardiac Event Monitors and Cardiac Output Monitoring (COM) Devices Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR

Canada 16-Year Perspective for Cardiac monitoring & cardiac rhythm management devices by Segment - Percentage Breakdown of Value Sales for Electrocardiogram (ECG) Devices, Implantable Loop Recorder (ILRs), Cardiac Event Monitors and Cardiac Output Monitoring (COM) Devices for the Years 2014, 2023 & 2030

JAPAN

Cardiac monitoring & cardiac rhythm management devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)

Japan Recent Past, Current & Future Analysis for Cardiac monitoring & cardiac rhythm management devices by Segment - Electrocardiogram (ECG) Devices, Implantable Loop Recorder (ILRs), Cardiac Event Monitors and Cardiac Output Monitoring (COM) Devices - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR

Japan Historic Review for Cardiac monitoring & cardiac rhythm management devices by Segment - Electrocardiogram (ECG) Devices, Implantable Loop Recorder (ILRs), Cardiac Event Monitors and Cardiac Output Monitoring (COM) Devices Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR

Japan 16-Year Perspective for Cardiac monitoring & cardiac rhythm management devices by Segment - Percentage Breakdown of Value Sales for Electrocardiogram (ECG) Devices, Implantable Loop Recorder (ILRs), Cardiac Event Monitors and Cardiac Output Monitoring (COM) Devices for the Years 2014, 2023 & 2030

CHINA

Cardiac monitoring & cardiac rhythm management devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)

China Recent Past, Current & Future Analysis for Cardiac monitoring & cardiac rhythm management devices by Segment - Electrocardiogram (ECG) Devices, Implantable Loop Recorder (ILRs), Cardiac Event Monitors and Cardiac Output Monitoring (COM) Devices - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR

China Historic Review for Cardiac monitoring & cardiac rhythm management devices by Segment - Electrocardiogram (ECG) Devices, Implantable Loop Recorder (ILRs), Cardiac Event Monitors and Cardiac Output Monitoring (COM) Devices Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR

China 16-Year Perspective for Cardiac monitoring & cardiac rhythm management devices by Segment - Percentage Breakdown of Value Sales for Electrocardiogram (ECG) Devices, Implantable Loop Recorder (ILRs), Cardiac Event Monitors and Cardiac Output Monitoring (COM) Devices for the Years 2014, 2023 & 2030

EUROPE

Cardiac monitoring & cardiac rhythm management devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)

Europe Recent Past, Current & Future Analysis for Cardiac monitoring & cardiac rhythm management devices by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR

Europe Historic Review for Cardiac monitoring & cardiac rhythm management devices by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR

Europe 16-Year Perspective for Cardiac monitoring & cardiac rhythm management devices by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2014, 2023 & 2030

Europe Recent Past, Current & Future Analysis for Cardiac monitoring & cardiac rhythm management devices by Segment - Electrocardiogram (ECG) Devices, Implantable Loop Recorder (ILRs), Cardiac Event Monitors and Cardiac Output Monitoring (COM) Devices - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR

Europe Historic Review for Cardiac monitoring & cardiac rhythm management devices by Segment - Electrocardiogram (ECG) Devices, Implantable Loop Recorder (ILRs), Cardiac Event Monitors and Cardiac Output Monitoring (COM) Devices Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR

Europe 16-Year Perspective for Cardiac monitoring & cardiac rhythm management devices by Segment - Percentage Breakdown of Value Sales for Electrocardiogram (ECG) Devices, Implantable Loop Recorder (ILRs), Cardiac Event Monitors and Cardiac Output Monitoring (COM) Devices for the Years 2014, 2023 & 2030

FRANCE

Cardiac monitoring & cardiac rhythm management devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)

France Recent Past, Current & Future Analysis for Cardiac monitoring & cardiac rhythm management devices by Segment - Electrocardiogram (ECG) Devices, Implantable Loop Recorder (ILRs), Cardiac Event Monitors and Cardiac Output Monitoring (COM) Devices - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR

France Historic Review for Cardiac monitoring & cardiac rhythm management devices by Segment - Electrocardiogram (ECG) Devices, Implantable Loop Recorder (ILRs), Cardiac Event Monitors and Cardiac Output Monitoring (COM) Devices Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR

France 16-Year Perspective for Cardiac monitoring & cardiac rhythm management devices by Segment - Percentage Breakdown of Value Sales for Electrocardiogram (ECG) Devices, Implantable Loop Recorder (ILRs), Cardiac Event Monitors and Cardiac Output Monitoring (COM) Devices for the Years 2014, 2023 & 2030

GERMANY

Cardiac monitoring & cardiac rhythm management devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)

Germany Recent Past, Current & Future Analysis for Cardiac monitoring & cardiac rhythm management devices by Segment - Electrocardiogram (ECG) Devices, Implantable Loop Recorder (ILRs), Cardiac Event Monitors and Cardiac Output Monitoring (COM) Devices - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR

Germany Historic Review for Cardiac monitoring & cardiac rhythm management devices by Segment - Electrocardiogram (ECG) Devices, Implantable Loop Recorder (ILRs), Cardiac Event Monitors and Cardiac Output Monitoring (COM) Devices Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR

Germany 16-Year Perspective for Cardiac monitoring & cardiac rhythm management devices by Segment - Percentage Breakdown of Value Sales for Electrocardiogram (ECG) Devices, Implantable Loop Recorder (ILRs), Cardiac Event Monitors and Cardiac Output Monitoring (COM) Devices for the Years 2014, 2023 & 2030

ITALY

Italy Recent Past, Current & Future Analysis for Cardiac monitoring & cardiac rhythm management devices by Segment - Electrocardiogram (ECG) Devices, Implantable Loop Recorder (ILRs), Cardiac Event Monitors and Cardiac Output Monitoring (COM) Devices - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR

Italy Historic Review for Cardiac monitoring & cardiac rhythm management devices by Segment - Electrocardiogram (ECG) Devices, Implantable Loop Recorder (ILRs), Cardiac Event Monitors and Cardiac Output Monitoring (COM) Devices Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR

Italy 16-Year Perspective for Cardiac monitoring & cardiac rhythm management devices by Segment - Percentage Breakdown of Value Sales for Electrocardiogram (ECG) Devices, Implantable Loop Recorder (ILRs), Cardiac Event Monitors and Cardiac Output Monitoring (COM) Devices for the Years 2014, 2023 & 2030

UNITED KINGDOM

Cardiac monitoring & cardiac rhythm management devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)

UK Recent Past, Current & Future Analysis for Cardiac monitoring & cardiac rhythm management devices by Segment - Electrocardiogram (ECG) Devices, Implantable Loop Recorder (ILRs), Cardiac Event Monitors and Cardiac Output Monitoring (COM) Devices - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR

UK Historic Review for Cardiac monitoring & cardiac rhythm management devices by Segment - Electrocardiogram (ECG) Devices, Implantable Loop Recorder (ILRs), Cardiac Event Monitors and Cardiac Output Monitoring (COM) Devices Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR

UK 16-Year Perspective for Cardiac monitoring & cardiac rhythm management devices by Segment - Percentage Breakdown of Value Sales for Electrocardiogram (ECG) Devices, Implantable Loop Recorder (ILRs), Cardiac Event Monitors and Cardiac Output Monitoring (COM) Devices for the Years 2014, 2023 & 2030

REST OF EUROPE

Rest of Europe Recent Past, Current & Future Analysis for Cardiac monitoring & cardiac rhythm management devices by Segment - Electrocardiogram (ECG) Devices, Implantable Loop Recorder (ILRs), Cardiac Event Monitors and Cardiac Output Monitoring (COM) Devices - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR

Rest of Europe Historic Review for Cardiac monitoring & cardiac rhythm management devices by Segment - Electrocardiogram (ECG) Devices, Implantable Loop Recorder (ILRs), Cardiac Event Monitors and Cardiac Output Monitoring (COM) Devices Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR

Rest of Europe 16-Year Perspective for Cardiac monitoring & cardiac rhythm management devices by Segment - Percentage Breakdown of Value Sales for Electrocardiogram (ECG) Devices, Implantable Loop Recorder (ILRs), Cardiac Event Monitors and Cardiac Output Monitoring (COM) Devices for the Years 2014, 2023 & 2030

ASIA-PACIFIC

Cardiac monitoring & cardiac rhythm management devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)

Asia-Pacific Recent Past, Current & Future Analysis for Cardiac monitoring & cardiac rhythm management devices by Segment - Electrocardiogram (ECG) Devices, Implantable Loop Recorder (ILRs), Cardiac Event Monitors and Cardiac Output Monitoring (COM) Devices - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR

Asia-Pacific Historic Review for Cardiac monitoring & cardiac rhythm management devices by Segment - Electrocardiogram (ECG) Devices, Implantable Loop Recorder (ILRs), Cardiac Event Monitors and Cardiac Output Monitoring (COM) Devices Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR

Asia-Pacific 16-Year Perspective for Cardiac monitoring & cardiac rhythm management devices by Segment - Percentage Breakdown of Value Sales for Electrocardiogram (ECG) Devices, Implantable Loop Recorder (ILRs), Cardiac Event Monitors and Cardiac Output Monitoring (COM) Devices for the Years 2014, 2023 & 2030

REST OF WORLD

Rest of World Recent Past, Current & Future Analysis for Cardiac monitoring & cardiac rhythm management devices by Segment - Electrocardiogram (ECG) Devices, Implantable Loop Recorder (ILRs), Cardiac Event Monitors and Cardiac Output Monitoring (COM) Devices - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR

Rest of World Historic Review for Cardiac monitoring & cardiac rhythm management devices by Segment - Electrocardiogram (ECG) Devices, Implantable Loop Recorder (ILRs), Cardiac Event Monitors and Cardiac Output Monitoring (COM) Devices Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR

Rest of World 16-Year Perspective for Cardiac monitoring & cardiac rhythm management devices by Segment - Percentage Breakdown of Value Sales for Electrocardiogram (ECG) Devices, Implantable Loop Recorder (ILRs), Cardiac Event Monitors and Cardiac Output Monitoring (COM) Devices for the Years 2014, 2023 & 2030

IV. COMPETITION

COMPETITIVE METRICS

COMPETITORS (ALPHABETICAL)	% VALIDATED RESEARCH *
BioSerenity, SAS	%
Capical GmbH	%
Cortrium	%
D-Heart	%
Forsythe Technologies	%
GE Healthcare	%
HeartBeam	%
Hill-Rom Holdings, Inc.	%
Nihon Kohden America, Inc.	%
Omron Healthcare India	%

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Cardiac monitoring & cardiac rhythm management devices

A Global Strategic Business Report

MCP10896

RESEARCH STATS

POOL

INTERACTIONS

PARTICIPANTS

VALIDATIONS

DATE

MAR 2023

COMPANIES

47

TABLES

123

PAGES

197

EDITION

7

PRICE

USD 4950

CODE

MCP10896

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