Global Cardiovascular Monitoring And Diagnostic Devices And Equipment Market 2022 – Market Opportunities And Strategies
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The cardiovascular monitoring and diagnostic devices and equipment market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of 6%, as per The Business Research Company’s market report!
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The Cardiovascular Monitoring And Diagnostic Devices And Equipment Market Size In 2022 And Forecast
The global cardiovascular monitoring and diagnostic devices and equipment market grew from $2.83 billion in 2021 to $3.11 billion in 2022 at a compound annual growth rate (CAGR) of 9.9%. 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, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. Thecardiovascular monitoring and diagnostic devices and equipment market is expected to grow to $3.93 billion in 2026 at a CAGR of 6.0%.
The cardiovascular monitoring and diagnostic devices and equipment market consists of sales of cardiovascular monitoring and diagnostic devices and equipment and related services.
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Increase In Number Of People Suffering From Obesity And Diabetes Is Driving The Growth Of The Cardiovascular Monitoring And Diagnostic Devices And Equipment Market
For instance, as per a study conducted by the American Heart Association (AMA), by 2030, 22.2 million CVD is expected to grow. According to another study conducted by AMA in the U.S., 26 million people have been diagnosed with diabetes, and above 9 million further, have the condition but it hasn’t yet been diagnosed.
Competitive Landscape And The Regional Analysis Of The Cardiovascular Monitoring And Diagnostic Devices And Equipment Market
Major players in the cardiovascular monitoring and diagnostic devices and equipment market are Medtronic PLC, Boston Scientific Corporation, GE Healthcare, Johnson & Johnson, Philips Healthcare, Siemens Healthcare, St. Jude MedicalInc, Nihon Kohden Corporation, FUKUDA DENSHI Co. Ltd, and Sorin Group.
Additionally, as per TBRC’s research – North America was the largest region in the cardiovascular monitoring and diagnostic devices and equipment market in 2021 holding the largest market share.
The Cardiovascular Monitoring And Diagnostic Devices And Equipment Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the cardiovascular monitoring and diagnostic devices and equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the cardiovascular monitoring and diagnostic devices and equipment market.
Cardiovascular Monitoring And Diagnostic Devices And Equipment Market Segmentation By The Business Research Company
1) By Product Type: Cardiopulmonary Stress Testing Systems, ECG Data Management Systems, ECG Monitoring Equipment, ECG Stress Testing Systems, Event Monitoring Systems, Holter Monitoring Systems
2) By End-Use: Hospitals/Physician Clinic (Continuous Glucose Monitors), Home/Emergency, Research and Development (Clinical Trials, Universities, CRO)
3) By Type: Heart Disease, Coronary Heart Disease
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