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 cardiovascular monitoring and diagnostic devices and equipment market report forecasts the cardiovascular monitoring and diagnostic devices and equipment market size to grow to $4.31 Billion by 2027, with a CAGR (compound annual growth rate) of more than 6%.

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Cardiovascular Monitoring And Diagnostic Devices And Equipment Market Size Forecast

The global cardiovascular monitoring and diagnostic devices and equipment market is expected to grow from $3.12 billion in 2022 to $3.36 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. 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 cardiovascular monitoring and diagnostic devices and equipment market size is expected to grow to $4.31 billion in 2027 at a CAGR of 6.4%.

North America held the largest cardiovascular monitoring and diagnostic devices and equipment market share.

Key Cardiovascular Monitoring And Diagnostic Devices And Equipment Market Driver ­– Increase In Number Of People Suffering From Obesity And Diabetes

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.

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Cardiovascular Monitoring And Diagnostic Devices And Equipment Market Segment

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

Cardiovascular Monitoring And Diagnostic Devices And Equipment Market Major Players and Strategies

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.

The Cardiovascular Monitoring And Diagnostic Devices And Equipment Global Market Report 2023  covers regional data on cardiovascular monitoring and diagnostic devices and equipment market size, cardiovascular monitoring and diagnostic devices and equipment market trends and drivers, opportunities, strategies, and cardiovascular monitoring and diagnostic devices and equipment market competitor analysis. 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, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Cardiovascular monitoring and diagnostic devices and equipment are used for the diagnosis, monitoring, and treatment of cardiovascular diseases.

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