The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s cardiac safety services market report forecasts the cardiac safety services market size to grow to $1.41 Billion by 2027, with a CAGR (compound annual growth rate) of more than 10%.

Learn More On The Cardiac Safety Services Market Report 2023 – https://www.thebusinessresearchcompany.com/report/cardiac-safety-services-global-market-report

Cardiac Safety Services Market Size Forecast
The global cardiac safety services market is expected to grow from $0.84 billion in 2022 to $0.94 billion in 2023 at a compound annual growth rate (CAGR) of 12.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global cardiac safety services market size is expected to reach $1.41 billion in 2027 at a CAGR of 10.5%.

North America held the largest cardiac safety services market share.

Key Cardiac Safety Services Market Driver ­– Increase In The Prevalence Of Cardiovascular Diseases
According to the magazine published by Oxford University Press, a UK-based university press of the University of Oxford, in March 2023, more than 200 million people were affected by peripheral artery illnesses in 2020, and this figure was predicted to rise by about 50% by 2045. Furthermore, the number of fatalities owing to a heart attack as an underlying cause grew from 19,440 in 2020 to 20,061 in 2021, according to the Office for National Statistics, a UK-based statistics office that reports directly to the UK Parliament. The rise in the prevalence of cardiovascular disorders is boosting the market for cardiac safety services.

Request for A Sample Of The Global Cardiac Safety Services Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=10137&type=smp

Key Cardiac Safety Services Market Trend – Product Innovations
Major players in the cardiac safety services market are focusing on developing innovative solutions to increase their market position. For example, in March 2022, CATHI, a technology-driven firm based in Germany that produces endovascular simulation technologies, released CATHIS RHC 2, a new generation of Right Heart Catheter (RHC) simulators. CATHIS RHC 2 is an improved version that contains all of the characteristics of CATHI’s original RHC simulator, with the added benefits of wire-assisted navigation and the ability to operate with actual liquids (S-HUB).

Cardiac Safety Services Market Segment
1) By Services: ECG Or Holter Measurements, Blood Pressure Measurements, In Vitro Cardiac Safety Assessment Services, Cardiovascular Imaging, Real-Time Telemetry Monitoring, Central Over-Read Of ECGS, Non-Invasive Cardiac Imaging, Physiologic Stress Testing, Thorough QT Studies, Other services
2) By Phase: Phase 1, Phase 2, Phase 3
3) By End Users: Pharmaceutical And Biopharmaceutical Companies, Contract Research Organizations, Academic and Research Institute

Cardiac Safety Services Market Major Players and Strategies
Major players in the cardiac safety services market are Laboratory Corporation of America Holdings, Banook Group, Pharmaceutical Product Development Inc, Biotrial Research, Certara Inc, Celerion Inc., Medpace Holdings Inc., Ncardia, Richmond Pharmacology Ltd., PhysioStim, SGS S.A, Koninklijke Philips N.V., Clario, NEXEL Co. Ltd, Eurofins Scientific, InBody USA, Spaulding Clinical Research LLC, and Omron Healthcare Inc.

Philips, a health technology firm based in the Netherlands, paid an undisclosed sum for BioTelemetry Inc. in February 2021. Philips’ patient care management portfolio within the hospital is combined with BioTelemetry’s cardiac diagnostics and monitoring portfolio outside the hospital through this acquisition, providing patient care management solutions for cardiac and other patients at home and in the hospital. BioTelemetry Inc. is a firm established in the United States that offers cardiac diagnosis and monitoring services.

The Cardiac Safety Services Global Market Report 2023 covers regional data on cardiac safety services market size, cardiac safety services market trends and drivers, opportunities, strategies, and cardiac safety services market competitor analysis. The countries covered in the cardiac safety services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Cardiac safety services are defined as providing services linked to monitoring heart safety by providing the necessary support and assistance in the design of clinical trials and other research. Cardiac safety services often assist with clinical trial preparation and other investigations required to maintain cardiac safety.

View More Reports Related To The Cardiac Safety Services Market –
Cardiac Assist Devices And Equipment Global Market Report 2023
Cardiac Rhythm Management (CRM) Devices And Equipment Global Market Report 2023
Services Global Market Report 2023

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at [email protected]

Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: