Organic strategies, such as product launches and expansions, are also being implemented by businesses. These growth strategies have aided market participants in expanding their operations and increasing their geographic presence. Furthermore, acquisitions and partnerships assist market participants in strengthening their customer base and expanding their product portfolio.
COVID-19 increased the preference for remote monitoring of patients with cardiovascular conditions. The government and some vendors have also taken various steps to raise public and patient awareness. September is National Atrial Fibrillation (AF) Awareness Month, which is a critical time for the Heart Rhythm Society to raise awareness about this potentially fatal arrhythmia.
Because of technological advancements, new product launches, an ageing population, and reimbursement policies for implantable cardiac monitors and other ambulatory devices, the market is expected to grow significantly during the forecast period. Furthermore, the COVID-19 impact will result in the adoption of AI-based cardiac monitoring devices across all regions.
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Global Cardiovascular Monitoring Devices Market: Top Key Players
Siemens Healthcare
FUKUDA DENSHI Co., Ltd.,
GE Healthcare
Welch Allyn, Inc.
BIOTRONIK SE & Co. KG
Boston Scientific Corporation
LivaNova PLC
St. Jude Medical, Inc.
Medtronic PLC
Philips Healthcare
Global Cardiovascular Monitoring Devices Market: By Types
ECG systems
Holter Monitors
Event Monitors
Others
Global Cardiovascular Monitoring Devices Market: By Applications
Hospital
Clinic
Others
Geographically, the detailed analysis of consumption, revenue, and market share and growth rate of the following regions:
United States, Canada, Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden, Poland, Belgium, China, Japan, South Korea, Australia, India, Taiwan, Indonesia, Thailand, Philippines, Malaysia, Brazil, Mexico, Argentina, Columbia, Chile, Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of the World.
The COVID-19 pandemic increased hospital resource use and forced non-urgent heart surgical procedures to be postponed. In the United States, the number of COVID-19 cases increased exponentially, resulting in fewer routine patient visits to hospitals and clinics and fewer elective surgeries performed each week. The spread of the COVID-19 pandemic had a significant impact on North American medical systems. Because of COVID-19 clusters, some hospitals temporarily closed their outpatient clinics, and patients with chronic diseases have avoided going to the hospital for fear of contracting the disease.
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