A new market study, titled “Global Wearable Ambulatory Monitoring Devices Market Research Report - Global Forecast till 2025” has been featured on WiseGuyReports.
Global Wearable Ambulatory Monitoring Devices Market Research Report - Global Forecast till 2025
The Global Global Wearable Ambulatory Monitoring Devices Market is evaluated to exhibit a CAGR of 6.48% during the review period. The wearable ambulatory devices include small, portable electrocardiograph machines that are applicable to record the variable heartbeat. These monitors are attached externally to the patient’s body or below the skin to log the heartbeat count. The use of these monitoring devices is based on the doctor’s prescription and the patient’s conditions.
The growing adoption of ambulatory monitoring devices by Pharmaceutical companies, Contract research organizations, and Research & development organizations Academic institutes is expected to expand the global Global Wearable Ambulatory Monitoring Devices Market with the fastest rate. The instant and advanced diagnosis of cardiovascular diseases is also expected to drive the market growth.
Global Global Wearable Ambulatory Monitoring Devices Market has been categorized based on product type and region. On the basis of product type segment, the Global Wearable Ambulatory Monitoring Devices Market has been classified into cardiac event monitors, Holter monitor, mobile cardiac telemetry devices, and others.
Global Global Wearable Ambulatory Monitoring Devices Market analysis based on the region has been spanned across the Americas, Europe, Asia-Pacific, and the Middle East & Africa.
The Americas are likely to lead the global Global Wearable Ambulatory Monitoring Devices Market contribution owing to the high occurrence of cardiovascular diseases in the region. However, the increasing health expenditure per person and rising demand for advanced treatment options are also evaluated to propel the market growth.
The European market for wearable ambulatory monitoring devices is evaluated to be the second-largest during the forecast period. The high number of cases of arrhythmias and the increasing number of high blood pressure in Europe is expected to boost the growth of the regional market.
Asia-Pacific is evaluated to be the growing market owing to the increase in product launches in the region. However, the high prevalence of chronic cardiac diseases is also driving the market growth. The middle east and Africa are expected to drive the comparatively slow market owing to limited resources and awareness.
The Prominent Players in the Global Global Wearable Ambulatory Monitoring Devices Market are General Electric Company (US), ACS Diagnostics (US), BioTelemetry (US), iRhythm Technologies, Inc. (the US), Medicomp Inc. (US), Medtronic PLC (Europe), Preventice Solutions, Inc. (the US), Telerhythmics, LLC (US), Hill-Rom Services Inc. (US), and ZOLL Medical Corporation (US).
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