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Cardiac Remote Patient Monitoring Devices Market Share Worth USD 680 Million at a CAGR of 7.9% by 2028 | A & D Medical, BIOTRONIK SE & Co. KG, Boston Scientific, GE Healthcare,

Cardiac Remote Patient Monitoring Devices Market Share Worth USD 680 Million at a CAGR of 7.9% by 2028 |  A & D Medical, BIOTRONIK SE & Co.  KG, Boston Scientific, GE Healthcare,

Cardiac Remote Patient Monitoring Devices Market Share Worth USD 680 Million at a CAGR of 7.9% by 2028 | A & D Medical, BIOTRONIK SE & Co. KG, Boston Scientific, GE Healthcare,

Cardiac Remote Patient Monitoring Devices Market Share Worth USD 680 Million at a CAGR of 7.9% by 2028 |  A & D Medical, BIOTRONIK SE & Co.  KG, Boston Scientific, GE Healthcare,

Global Cardiac Remote Patient Monitoring Devices Market

Overview:

Remote patient monitoring is the use of digital technologies to monitor and collect medical and other health data of patients and transmit this information electronically to a physician for evaluation and, when necessary, recommendations and instructions.

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Drivers:

Market players are focusing on launching new products and getting product approvals from regulatory authorities, which in turn is expected to boost the growth of the global market for devices for remote monitoring of cardiac patients. For example, in July 2021, Abbott announced the US launch of Jot Dx, its latest implantable cardiac monitor (ICM). Jot Dx ICM gives hospitals and clinicians control over how they manage the flow of information.

Moreover, market players are adopting various inorganic strategies, such as product launches, collaborative acquisitions, and mergers, to strengthen their market position. For example, in August 2021, Cardiologs announced the launch of a remote patient monitoring platform designed to enable data from smartwatches to be incorporated into remote arrhythmia monitoring systems.

Impact of COVID-19:

On December 31, 2019, a new corona virus was suspected and reported for the first time in Wuhan, China. According to the World Health Organization (WHO), globally, as of November 29, 2021, there were 260 million confirmed cases of COVID-19, including 5.2 million deaths.

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The outbreak of COVID-19 has increased the use of remote monitoring devices. Both clinicians are adopting different digital solutions to combat the spread of the coronavirus. The use of these devices at home has also increased due to increasing awareness among people. This rapid acceleration of market growth will be sustained by market expansion, benefiting providers and payers through economies of scale, increasing need for improved healthcare in rural areas, increasing use of home devices, increasing prevalence of chronic diseases, and growing geriatric populations in the United States and Europe.

Competition:

The major players involved in the global cardiac patient remote monitoring devices market are Jude Medical, OSYPKA, MeTrax GmbH, VitalConnect Inc., Lepu Medical Technology, GE Healthcare, Philips Healthcare, Abbott Laboratories, Boston Scientific, Spacelabs Healthcare, Medtronic plc, Nihon Khoden, Honeywell, A & D Medical and BIOTRONIK SE & Co. KG.

In January 2021, Boston Scientific entered into an agreement to acquire Preventice Solutions, Inc., which provides a full portfolio of heart health solutions and facilities.

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Content

  1. Objectives and assumptions of the research
    • Research objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report description
      • Market definition and scope
    • Executive summary
      • Market slice, by product type
      • Market Snippet, per application
      • Market Snippet, by region
    • Coherent Capability Map (COM)
  3. Market dynamics, regulation and trend analysis
    • Market Dynamics
      • Drivers
      • Restrictions
      • Market opportunities
    • Impact analysis
    • Product approval and launch
    • Mergers and acquisitions
    • A key development
    • Regulatory scenario
    • Compensation scenario
    • Brand analysis
    • PEST analysis
    • Price analysis
    • Technological progress
  4. Global Cardiac Remote Patient Monitoring Devices Market – Impact of the Coronavirus (Covid-19) Pandemic
    • The overall impact of COVID-19
    • Epidemiology of COVID-19
  5. Global cardiac remote patient monitoring devices market, by application, 2021-2028, (USD Mn)
    • Introduction
      • Market share analysis, 2021 and 2028 (%)
      • Interannual growth analysis, 2018 – 2028
      • Segment trends
    • Cardiac arrhythmia
      • Introduction
      • Market Size and Forecast and YoY Growth, 2017-2028, (USD Mn)
    • Ischemic diseases
      • Introduction
      • Market Size and Forecast and YoY Growth, 2017-2028, (USD Mn)
    • Hypertension
      • Introduction
      • Market Size and Forecast and YoY Growth, 2017-2028, (USD Mn)
    • Others
      • Introduction
      • Market Size and Forecast and YoY Growth, 2017-2028, (USD Mn)
  6. Global cardiac remote patient monitoring devices market, by end user, 2021-2028, (USD Mn)
    • Introduction
      • Market share analysis, 2021 and 2028 (%)
      • Interannual growth analysis, 2018 – 2028
      • Segment trends
    • Hospitals
      • Introduction
      • Market Size and Forecast and YoY Growth, 2017-2028, (USD Mn)
    • Cardiology clinics
      • Introduction
      • Market Size and Forecast and YoY Growth, 2017-2028, (USD Mn)
    • Centers for ambulatory surgery
      • Introduction
      • Market Size and Forecast and YoY Growth, 2017-2028, (USD Mn)

View the press release: https://www.coherentmarketinsights.com/press-release/cardiac-remote-patient-monitoring-devices-market-4165

About us:

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, custom research reports and consulting services. We are known for our actionable insights and authentic reporting across domains including Aerospace & Defence, Agriculture, Food & Beverage, Automotive, Chemicals & Materials, and almost every domain and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed to playing a leading role in providing insights across sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

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