A type of heart monitoring device that continuously records heart rhythm for up to three years is an implantable loop recorder. It tracks the heart's electrical signals and enables remote monitoring through a small device inserted just under the skin of the chest. An implantable loop recorder can help answer questions that other heart-monitoring devices do not provide about heart. It facilitates monitoring of long-term heart rhythm. It can catch data missing from a regular electrocardiogram (ECG or EKG) or Holter monitor since certain irregularities in the heart rhythm occur infrequently.
MARKET DYNAMICS
Factors driving the growth of the medical implantable loop recorders market are the growing incidence of cardiac disorders, coupled with Favorable reimbursement policies. However, the stringent regulatory framework is expected to hamper the growth of the market. Moreover, growing adoption of sedentary lifestyle and technological advancement is anticipated to boost the market growth.
MARKET SCOPE
The "Medical Implantable Loop Recorders Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of medical implantable loop recorders market with detailed market segmentation by product, application and end user. The medical implantable loop recorders market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in medical implantable loop recorders market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The medical implantable loop recorders market is segmented on the basis of product, application, and end user. Based on product type, the market is segmented as manual and automatic. On the basis of application, the market is categorized as atrial fibrillation, cardiac arrhythmia, cardiac syncope, bundle branch block, heart failure, stroke, and others. On the basis of end-user, the market is categorized as hospitals, cardiac centers & clinics, and ambulatory surgical centers.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the medical implantable loop recorders market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The medical implantable loop recorders market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting medical implantable loop recorders market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the medical implantable loop recorders market in these regions.
MARKET PLAYERS
The report covers key developments in the medical implantable loop recorders market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from medical implantable loop recorders market are anticipated to have lucrative growth opportunities in the future with the rising demand for medical implantable loop recorders in the global market. Below mentioned is the list of few companies engaged in the medical implantable loop recorders market.
The report also includes the profiles of key players in medical implantable loop recorders market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Medtronic Inc.
- Abbott
- BIOTRONIK. Inc.
- St. Jude Medical Inc.
- Angel Medical Systems, Inc.
- Boston Scientific Corporation
- Vectorious
- Koninklijke Philips N.V
- ZOLL Medical Corporation
- Cardiac Science Corporation
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.