Arrythmia Monitoring Devices Market is expected to reach US$ 9,742.95 million by 2028

Mobile Cardiac Telemetry Segment to Lead Arrythmia Monitoring Devices Market During 2021–2028

According to our latest study on “Arrythmia Monitoring Devices Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type, Application, and End User,” the market is projected to reach US$ 9,742.95 million by 2028 from US$ 6,212.59 million in 2021; it is expected to grow at a CAGR of 6.6% from 2021 to 2028. The report highlights the key factors driving the market growth and prominent players with their developments in the market. The growth of the arrythmia monitoring devices market is primarily attributed to increase in cardiovascular disease incidence, and surge in geriatric population. However, the high cost of products and procedures hinders the market growth.

Based on type, the arrythmia monitoring devices market is segmented into ECG monitors, implantable monitors, Holter monitors, mobile cardiac telemetry, and others. The Holter monitors segment held the largest share of the market in 2020. Holter monitors are capable of diagnosing sporadic symptoms, and they offer faster and convenient monitoring. However, the mobile cardiac telemetry segment is expected to register the highest CAGR in the arrythmia monitoring devices market during 2021–2028.

Abbott, Koninklijke Philips N.V., General Electric Company, Hill-Rom Holding Inc., Medtronic, Biotronik, Inc., AliveCor, Inc, ACS Diagnostics, Medicalgorithmics, and OSI Systems, Inc are among the leading companies operating in the arrythmia monitoring devices market.

Arrythmia Monitoring Devices Market, by Region, 2021 (%)

The report segments arrythmia monitoring devices market as follows:

By Type

• ECG Monitors
• Implantable Monitors
• Holter Monitors
• Mobile Cardiac Telemetry
• Others

By Application

• Bradycardia
• Tachycardia
• Atrial Fibrillation
• Ventricular Fibrillation
• Premature Contraction
• Others

By End User

• Hospitals and Clinics
• Ambulatory Centers
• Diagnostic Centers
• Others

By Geography

• North America
  • US
  • Canada
  • Mexico
• Europe
  • France
  • Germany
  • UK
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific (APAC)
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Rest of APAC
• Middle East and Africa (MEA)
  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of MEA
• South and Central America (SCAM)
  • Brazil
  • Argentina
  • Rest of SCAM