Cardiac Monitoring & Cardiac Rhythm Management Devices Market Scope 2021


The increasing prevalence of cardiovascular diseases and technological advancement of cardiac monitoring & cardiac rhythm management devices is driving the demand of the market.

The global Cardiac Monitoring Cardiac Rhythm Management Devices Market will be worth USD 29.32 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the increasing prevalence of cardiovascular diseases among the aging population. The increasing investments for the research and development of cardiac monitoring cardiac rhythm management devices to enhance the efficiency of the devices are most likely to drive the growth of the market. The emergence of advanced minimally invasive technologies is expected to fuel the development of cardiac monitoring cardiac rhythm management devices over the forecast period. Moreover, the growing preference of the patients towards wearable cardiac devices is anticipated to boost the demand for advanced cardiac devices.

The Global Cardiac Monitoring Cardiac Rhythm Management Devices Market research report added by Emergen Research is an extensive study of the industry and includes a study of several factors that impact the growth of the market. The report is formulated by taking into consideration the government policies, market landscape, technologies, market risks, opportunities, and challenges faced by the market. The report further analyzes historical data, current and future market trends, recent technological developments, key competitors, and regional bifurcation.

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Key Highlights From The Report

 

In January 2020, SGS acquired Thomas J. Stephens Associates, Inc., a nationally recognized clinical research organization that is serving the cosmetic and personal care industry. The acquisition is expected to expand the consumer retail service portfolio of SGS in the clinical testing sector for cosmetic and personal care products in the USA.

The preclinical segment held the largest market share of 57.6% in 2019. Increasing investments in the RD of the preclinical testing of medical devices is expected to drive the growth of the segment. 

Microbiology Sterility Testing are forecasted to grow with the fastest CAGR of 10.0% over the forecast period. Rising investments by the biotechnology and pharmaceutical industries on the testing services and increasing research are expected to drive the growth of the segment.

The Asia Pacific region is expected to be the fastest-growing region over the forecast period. Increasing government initiatives on improving the healthcare infrastructure and availability of skilled labor at lower costs are driving the Medical Devices Testing Services market in the region.

Key participants include SGS S.A., Toxikon, Inc., Intertek Group plc, Pace Analytical Services, Charles River Laboratories International, Inc., American Preclinical Services LLC, North American Science Associates, Inc., Sterigenics International LLC, Eurofins, and WuXi AppTec Group, among others.

 

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Phase Outlook (Revenue, USD Billion; 2017-2027)

Clinical

Preclinical (Medical Coatings and Antimicrobial Wound Dressings) 

 

Service Outlook (Revenue, USD Billion; 2017-2027)

Chemistry Test

Package Validation

Microbiology Sterility Testing (Pyrogen and Endotoxin Testing, Anti-microbial Activity Testing, Sterility Test and Validation and Bio-Burden Determination)

Biocompatibility Tests

 

Regional Outlook (Revenue, USD Billion; 2017-2027)

North America

Europe

Asia Pacific

Latin America

MEA

 

Table of Content

 

Chapter 1. Methodology Sources

 

    1.1. Cardiac Monitoring Cardiac Rhythm Management Devices Market Definition

    1.2. Cardiac Monitoring Cardiac Rhythm Management Devices Market Research Scope

    1.3. Cardiac Monitoring Cardiac Rhythm Management Devices Market Methodology

    1.4. Wound Care Market Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

   1.5. Cardiac Monitoring Cardiac Rhythm Management Devices Market Estimation Technique

 

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2019-2027

 

Chapter 3. Key Insights

 

Chapter 4. Cardiac Monitoring Cardiac Rhythm Management Devices Market Segmentation Impact Analysis

 

Continued…

 

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At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

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