The growth of the market of acute ischemia monitors is driven by the rising prevalence of acute ischemia.
Market Size – USD 1.41 billion in 2018, Market Growth - CAGR of 7.5%, Market Trends – Technological advancements, increasing focus on healthcare infrastructure development, and increasing awareness about heart diseases
NEW YORK, March 25, 2019 (GLOBE NEWSWIRE) -- The Acute Ischemia Monitors Market is forecasted to grow from USD 1.41 Billion in 2018 to USD 2.58 Billion by 2026, at a CAGR of 7.5%, during the forecast period. The rising prevalence of acute ischemia, technological advancements, increasing focus on healthcare infrastructure development, and increasing awareness about heart diseases drive the Acute Ischemia Monitors market growth.
Increasing the prevalence of acute ischemia around the world, advances in heart monitoring technology such as the launch of advanced insertible monitors, increasing focus on the development of healthcare infrastructure around the globe, high growth potential in emerging markets are the major factors driving the growth of acute ischemic monitoring.
In APAC, the fastest - growing regions are China and India for acute ischemia monitors owing to rising population and growing infrastructure. Australia is also expected to show substantial growth in the market for ischemic monitoring.
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Further key findings from the report suggest
- The Acute Ischemia Monitors Market is forecasted to grow from USD 1.41 Billion in 2018 to USD 2.58 Billion by 2026, at a CAGR of 7.5%, during the forecast period. The rising prevalence of acute ischemia, technological advancements, increasing focus on healthcare infrastructure development, and increasing awareness about heart diseases drive the Acute Ischemia Monitors market growth.
- The Portable monitor segment is anticipated to grow at the highest at 9.1% CAGR during the forecast period, owing to increasing focus on ambulatory services and first aid care of heart stroke across the globe.
- Benchtop Monitors dominated the acute ischemia monitors market and is expected to reach USD 1.26 Billion in 2026, at a CAGR of 7.7% during the forecast period owing to rising number cardiac surgical procedures, large installation base across the hospitals, clinical and surgical centres of all countries and increasing focus on healthcare infrastructure development.
- The Surgical Intervention application system dominated the global acute ischemia monitors market in 2018. The market is estimated to reach USD 671.56 Million in 2026, at a CAGR of 8.1% during the forecast period. The factors such as high number of heart surgical procedures across the globe coupled with rising incidence of the target diseases, improvement in medical reimbursement scenario for heart strokes, and technological advancements are anticipated to support the market growth during the forecast period.
- Asia Pacific is expected to witness the highest growth at 8.4% CAGR during the forecast period, owing to active infrastructure developments in healthcare settings, increasing medical tourism in the region, high disease prevalence and favourable regulatory scenario in the region.
- Key players are Alfred Health Victoria Company (Australia), Angel Medical Systems Inc (US), Blue Box Health Inc (US), Boston Scientific Corp (US), Cardiowatch Ltd (Israel), Flashback Technologies, Inc (US), Intersection Medical, Inc (US), Medtronic plc (Ireland), NewCardio, Inc (US), and Scivanta Medical Corp (US).
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Segments covered in the report:
This report forecasts volume and revenue growth at a global, regional & country level, and provides an analysis on the industry trends in each of the sub-segments from 2016 to 2026. For the purpose of this study, Reports and Data have segmented the market on the basis of type, application and regional analysis.
Type (Revenue, USD Million; 2018-2026)
- Benchtop
- Portable
- Implantable/Insertible
Applications (Revenue, USD Million; 2018-2026)
- Initial management
- Surgical intervention
- Surgical recovery
- Critical care
- Emergency room
- Long-term care
Region (Revenue, USD Million; 2016–2026)
- North America
- US
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of the Europe
- Asia Pacific
- China
- India
- Japan
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
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