Acute Ischemia Monitors Market Will be Reach USD 2.99 Billion by 2028
The
Acute Ischemia Monitors Market is forecasted to grow from USD 1.68 Billion in 2020 to USD 2.99
Billion by 2028, at a CAGR of 7.52%, 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 1.68 Billion in
2020 to USD 2.99 Billion by 2028, at a CAGR of 7.52%, 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 2028, 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 2020. The market is estimated to reach USD 671.56
Million in 2028, 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 2028. 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; 2020-2028)
- Benchtop
- Portable
- Implantable/Insertible
Applications (Revenue, USD Million; 2020-2028)
- Initial
management
- Surgical
intervention
- Surgical
recovery
- Critical care
- Emergency room
- Long-term care
Region (Revenue, USD Million; 2016–2028)
- 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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