Market Research Reports : Transparency Market Research published new market report “Cardiovascular Monitoring & Diagnostic Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast,2011 - 2016”global cardiovascular monitoring & diagnostic devices market is estimated to be USD 797million in 2011 and expected to reach USD 1.3 billion in 2016 at a CAGR of 8.8% over the period 2010 to 2016. The ECG Monitoring Equipments segment is the leading market contributor with a share of around 51% in 2010.

Cardiovascular Diseases (CVDs) are the largest cause of deaths globally, around 17.3 million people died from cardiovascular diseases in 2008. This amounts to 30% of all deaths. Of these deaths, an estimated 7.3 million were due to coronary heart disease and 6.2 million were due to stroke. Low- and middle-income countries are the largest affectedwith CVDs. An estimated 80% of CVD deaths take place in low- and middle-income countries. By 2030, almost 23.6 million people will die from CVDs, mainly from heart disease and stroke and are projected to be the single leading causes of death.

With the number of people suffering from cardiovascular diseases and the condition upswingsglobally, the demand for cardiovascular devices is growing.Around 30 million people are severely affected by cardiovascular diseases every year. A considerable market growth is provided in the stress testing systems and diagnostics all over the world by the emerging markets.The overall sales in 2009 was USD 34.9 billion as compared to the projected sale for 2010, estimated to be USD 36.2 billion at a compound annual growth rate of 3.6% in the global market for cardiovascular devices. There are two sub-segments accounting for the high demand—cardiac rhythm management and cardiovascular monitoring and diagnostic devices.

In 2009, the sales in diagnostic cardiovascular devices amounted to USD 11.1 billion, and in 2015, is estimated to reach USD 15.5 billion with a CAGR of 5.7% The U.S. represents the largest market in the worldwide cardiovascular disease market and Europe represents the second largest market, followed by Japan.The global Cardiovascular Monitoring and Diagnostic (CMD) devices marketis estimated to reach USD 1.3 billion in 2016, growing at a CAGR of 8.8% during 2010 – 2016.This market comprises of Electrocardiograph (ECG) monitoring equipment, ECG stress testing systems, Holter monitoring systems, ECG data monitoring systems, event monitoring systems, cardiovascular monitoring and diagnostic devices and cardiopulmonary stress testing systems. The largest segment growing at 10.7% over the period 2010 – 2016 and valued at USD 410.5 million in 2010 was the ECG monitoring equipment.

GE Healthcare, Philips Healthcare, Nihon Kohden, Cardiac Science Corp (now OptoCircuits) and Schiller AG are the leading companies in the global Cardiovascular Monitoring and Diagnostic devices market, with a combined share of more than 60%.

Scope and Overview

The objective of the study on “Global Cardiovascular Monitoring & Diagnostic Devices Market” is to gain detailed market insights for cardiovascular monitoring & diagnostic devicesused to treat CVDs in developing economies where the reported CVD incidence is very high and also in developed economies where advanced technologies are being rapidly implemented. The market is analyzed on the basis of growth trends, ongoing developments, market penetration and revenue share.The report also covers the strategies followed by “Global Cardiovascular Monitoring & Diagnostic Devices Market” players.

·         Segmentation & Analysis

The report segments and analyzes the “Global Cardiovascular Monitoring & DiagnosticDevices Market” on the basis of following sub-categories:

·         Major Geographic Markets

• U.S.
• U.K.
• Germany
• France
• Italy
• Spain
• Japan
• China
• India
• Australia
• Brazil
• Canada

This section provides in-depth analysis of “Global Cardiovascular Monitoring & Diagnostic Devices Market” that includes market size and growth forecast for each geography and opportunities prevailing in the particular geography.

This section provides in-depth analysis of cardiovascular devices market size and growth forecast for each sub segment, driving factors and challenges prevailing in the overall and at the micro market levels, and opportunities and future outlook for all the levels.

Cardiovascular Monitoring & Diagnostic Devices Market

• ECG Monitoring Equipment
• Holter Monitor
• Stress Testing
• Cardiac Monitor

This section provides in-depth analysis of cardiovascular monitoring & diagnostic devices marketsize and growth forecast for each sub segment and opportunities and future outlook for all the levels.

Product Pipeline Analysis

This section analyses the new product developments and impact on the market. 

  

    Company Profiles of Top Players

This section provides brief overview of top market players in the “Global Cardiovascular Monitoring & Diagnostic Devices Market”. The profile of each company includes brief overview, key financials, product & services, recent developments and key strategies adopted by the player.

About Us:

Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers.

We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

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Cardiovascular devices are used in treating diseases related to the heart and the circulatory system. It also includes the devices such as interventional cardiology, cardiac rhythm management, cardiac assist devices, peripheral vascular devices, cardiac surgery, devices used to monitor cardiac events and cardiac prosthetic devices to record the electrophysiological impulses of the heart and to analyze and diagnose any abnormality related to the cardiac function.

Cardiovascular Monitoring and Diagnostic devices are used to detect and provide feedback of abnormal episodes of electrical functioning of the heart. The Cardiovascular  Monitoring & Diagnostic devices include Holter and event recorders, ECG recorders and  ECG stress testing.

Browse: Cardiovascular Diagnostic Devices Market

This report analyses the Cardiovascular Monitoring and Diagnostic devices into four sub- categories, which includes:

ECG monitoring equipment is used to record the Electrocardiogram, ECG which are the intrinsic electrical signals generated in the heart.

ECG stress test or Tread Mill Test (TMT) is a diagnostic device used to record the ECG by subjecting the heart to excessive workload. These systems measure the performance of the heart at various stress levels and help physicians in disease diagnosis and deciding treatment protocol.

Event monitors or recorders are devices used to record only the abnormal events of the ECG over an extended period of time.

Holter monitors are devices used to record the ECG for a 24-hour period and to identify abnormal episodes of the ECG.

Browse: Cardiovascular Devices Market

The report forecasts all the sub-categories by regional markets. It also identifies and analyzes the market trends, drivers, inhibitors and opportunities present in each. The key players and their growth strategies have also been analyzed and explained in the  report.

SCOPE OF THE REPORT

The report categorizes global Cardiovascular Monitoring and Diagnostic devices market into four main subcategories: ECG Monitoring Devices, Holter Monitoring Devices, ECG Stress Testing Devices, and Event Monitoring Devices. In addition to market sizes and forecasts, the report identifies and analyzes trends and opportunities for each of the twelve submarkets; providing 48 market tables for submarkets in the U.S., Canada, U.K., Germany, France, Italy, Spain, Japan, Australia, China, India and Brazil.

RESEARCH METHODOLOGY

Key market players were identified using Transparency Market Research, while market sizes were calculated using the bottom-up approach with market trends and penetration percentages verified through various research reports, analysts’ articles, previously published reports on the industry and key competitor companies investor presentations. We also analyzed the annual reports of key players and used their revenues for market estimations.

Browse: Cardiovascular Monitoring Devices Market

OBJECTIVES OF THE RESEARCH

·         Defining and measuring Global Cardiovascular Monitoring and Diagnostic devices market  with respect to products, services and technologies

·         To analyze the market structure by figuring out diverse sub-segments of the Global  Cardiovascular Monitoring and Diagnostic devices market

·         Forecast revenues of the Global Cardiovascular Monitoring and Diagnostic Devices market  and its diverse submarkets with respect to twelve main geographies of the U.S., Canada,  the U.K., Germany, France, Italy, Spain, Japan, Australia, China, India and Brazil

·         Recognizing the major market tendency and features driving or hindering growth of the  global Cardiovascular Monitoring and Diagnostic devices market and its diverse  submarkets

·         Strategically analyze each submarket with respect to individual growth trends and  contribution to the overall Cardiovascular Monitoring and Diagnostic devices market

·         Analyze opportunities in the market for stakeholders by identifying high-growth segments  of the global Cardiovascular Monitoring and Diagnostic devices market

·         Follow and evaluate competitive growth like alliances, joint ventures, mergers and  acquisitions in the global Cardiovascular Monitoring and Diagnostic devices industry.

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