Cardiovascular Monitoring and Diagnostic Devices Market Expected to Reach USD 7.0 Billion Globally in 2019: Transparency Market

Cardiovascular Monitoring and Diagnostic Devices Market Expected to Reach USD
          7.0 Billion Globally in 2019: Transparency Market Research

  PR Newswire

  ALBANY, New York, June 19, 2014

ALBANY, New York, June 19, 2014 /PRNewswire/ --

According to a new market report published by Transparency Market Research
"Cardiovascular Monitoring and Diagnostic Devices Market (ECG, Holter
Monitors, Event Monitors, Cardiovascular Diagnostic Catheters, Implantable
Loop Recorders, ECG Management Systems) - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast, 2013 - 2019," the global cardiovascular
monitoring and diagnostic devices market was valued at USD 3.7 billion in 2012
and is expected to reach a value of USD 7.0 billion in 2019, growing at a CAGR
of 9.7% from 2013 to 2019.

Browse the full Cardiovascular Monitoring and Diagnostic Devices Market 
Report  at 
http://www.transparencymarketresearch.com/crdiovascular-monitoring-diagnostic-devices.html

Cardiovascular diseases are a group of heart and blood vessel disorders such
as coronary heart disease, peripheral arterial disease, deep vein thrombosis
and pulmonary embolism, and congenital heart disease. Cardiovascular diseases
are the leading cause of death worldwide according to the World Health
Organization (WHO). The demand for cardiovascular monitoring and diagnostic
devices is expected to rise relatively at a CAGR of 9.7% from 2013 - 2019.

The global cardiovascular monitoring and diagnostic devices market is
segmented and analyzed based on the product types. Amongst the various product
types, ECG systems dominated the global cardiovascular monitoring and
diagnostic devices market with a market share of approximately 75.0% in 2012,
on account of high preference and presence of these systems in the developed
markets which was the major revenue base for the global market players.
However, the global market for implantable loop recorders (ILR) will be
growing at a faster rate owing to a new technology attracting many customers
in the developed region who can afford such devices. Besides, holter monitors
is expected to follow the ILR segment in terms of growth rate, due to rising
demand for continuous monitoring which gives the physician a better picture of
the patient's condition.

The resting ECG systems dominated the ECG systems market in 2012 owing to high
demand for these systems by patients. Cardiologists demand resting ECG systems
for its low price than stress ECG systems. Moreover, resting ECG systems is
preferable for elder patients and those with high risk of stroke.

North America dominated the cardiovascular monitoring and diagnostic devices
market in 2012 and is expected to maintain its lead position in the global
market till 2019. However, the Asia-Pacific market is estimated to grow at a
higher CAGR of 11.9% from 2013 to 2019 due to increasing awareness about
cardiovascular disorders and monitoring and diagnostic devices. Asia-Pacific
region shows a rapid increase in the incidence rate for coronary artery
disease, deep vein thrombosis and peripheral artery disease which will
expedite the demand for cardiovascular monitoring and diagnostic devices. Some
of the key players in the global cardiovascular monitoring and diagnostic
devices market include Siemens Healthcare, Philips Healthcare, GE Healthcare,
Nihon Kohden Corporation, St. Jude Medical, Inc, Boston Scientific
Corporation, Spacelabs Healthcare, Inc and Welch Allyn, Inc.

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The global cardiovascular monitoring and diagnostic devices market is
categorized into the following segments:

Cardiovascular Monitoring and Diagnostic Devices Market, by Product Type 

- ECG Systems

  *Stress ECG
  *Resting ECG

- Cardiovascular Diagnostic Catheters

- Event Monitors

- Holter Monitors

- Implantable Loop Recorders

- ECG Management Systems

Browse the full Cardiovascular Monitoring and Diagnostic Devices Market for
Implantable Devices  Report  at 
http://www.transparencymarketresearch.com/crdiovascular-monitoring-diagnostic-devices.html

Cardiovascular Monitoring and Diagnostic Devices Market, by Geography 

- North America

- Europe

- Asia-Pacific

- Rest of the World (RoW)

Browse Medical Devices Market Research Reports @
http://www.transparencymarketresearch.com/medical-devices-market-reports-6.html

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