According to our (Global Info Research) latest study, the global Insertable Cardiac Monitor market size was valued at USD 701.7 million in 2023 and is forecast to a readjusted size of USD 1091 million by 2030 with a CAGR of 6.5% during review period.
An implantable loop recorder (ILR), also known as an insertable cardiac monitor, is a small device about the size of a pack of chewing gum or USB memory stick that is implanted just under the skin of the chest for cardiac monitoring. The most common ones include looking for causes of fainting, palpitations, very fast or slow heartbeats, and hidden rhythms that can cause strokes. During a loop recorder implantation, your heart healthcare provider (cardiologist) does a minor procedure.
Increasing incidence of atrial fibrillation (AF): AF is a common arrhythmia that affects a significant number of individuals worldwide. The condition is characterized by an irregular heartbeat and can lead to stroke, heart failure, and other serious health problems. The demand for insertable cardiac monitors is expected to rise significantly due to the increasing incidence of AF and the need for long-term monitoring to detect and manage the condition effectively.
Improved patient outcomes: Insertable cardiac monitors are designed to provide continuous monitoring of heart rhythm and function, enabling earlier detection of arrhythmias and other cardiac events. This can lead to earlier intervention and treatment, reducing the risk of stroke, heart failure, and other serious health consequences. As a result, the demand for insertable cardiac monitors is expected to grow significantly as patients and healthcare providers recognize the benefits of long-term monitoring for improving patient outcomes.
Technological advancements: Insertable cardiac monitors have undergone significant technological advancements in recent years, including improved battery life, smaller size, and enhanced diagnostic capabilities. These advancements have made the devices more comfortable for patients to wear and more effective in detecting cardiac events, further driving market growth.
The Global Info Research report includes an overview of the development of the Insertable Cardiac Monitor industry chain, the market status of Syncope (Fainting) (Smartphone Compatible, Smartphone Incompatible), Atrial Fibrillation (AF) (Smartphone Compatible, Smartphone Incompatible), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Insertable Cardiac Monitor.
Regionally, the report analyzes the Insertable Cardiac Monitor markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Insertable Cardiac Monitor market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Insertable Cardiac Monitor market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Insertable Cardiac Monitor industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (Units), revenue generated, and market share of different by Type (e.g., Smartphone Compatible, Smartphone Incompatible).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Insertable Cardiac Monitor market.
Regional Analysis: The report involves examining the Insertable Cardiac Monitor market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Insertable Cardiac Monitor market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Insertable Cardiac Monitor:
Company Analysis: Report covers individual Insertable Cardiac Monitor manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Insertable Cardiac Monitor This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Syncope (Fainting), Atrial Fibrillation (AF)).
Technology Analysis: Report covers specific technologies relevant to Insertable Cardiac Monitor. It assesses the current state, advancements, and potential future developments in Insertable Cardiac Monitor areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Insertable Cardiac Monitor market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Insertable Cardiac Monitor market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Smartphone Compatible
Smartphone Incompatible
Market segment by Application
Syncope (Fainting)
Atrial Fibrillation (AF)
Cryptogenic Stroke
Other
Major players covered
Medtronic
Abbott
BIOTRONIK
Angel Medical Systems, Inc.
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Insertable Cardiac Monitor product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Insertable Cardiac Monitor, with price, sales, revenue and global market share of Insertable Cardiac Monitor from 2019 to 2024.
Chapter 3, the Insertable Cardiac Monitor competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Insertable Cardiac Monitor breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Insertable Cardiac Monitor market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Insertable Cardiac Monitor.
Chapter 14 and 15, to describe Insertable Cardiac Monitor sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Insertable Cardiac Monitor. Industry analysis & Market Report on Insertable Cardiac Monitor is a syndicated market report, published as Global Insertable Cardiac Monitor Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Insertable Cardiac Monitor market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.