Feb 24, 2022

| Technavio News provided by Share this article Share this article NEW YORK, Feb. 24, 2022 /PRNewswire/ -- The latest Implantable Loop Recorders Market research report by Technavio infers that the growing number of cardiac conditions due to irregularity in heart rhythms and other chronic diseases is driving this market's growth. Resulting in market growth of USD 606.31 million from 2021 to 2026, read additional information about the market,  get FREE sample report . Attractive Opportunities in Implantable Loop Recorders Market by Application and Geography - Forecast and Analysis 2022-2026 Vendor Landscape The market structure is expected to remain fragmented during the forecast period. Vendors are deploying different organic and inorganic growth strategies to compete in the market. Abbott Laboratories, Angel Medical Systems Inc., Asian Heart and Vascular Centre, BIOTRONIK SE and Co. KG, Boston Scientific Corp., CARDION sro, Medtronic Plc, TechIndia Infoway Pvt. Ltd., Vectorious Medical Technologies Ltd. among others are some of the few key vendors competing to maintain their market position in the market. Various players in the market are engaging in strategic partnerships and joint ventures coupled with launching differentiated products to up their game in the medical technology and device industry. For instance, in January 2020, CardioComm Solutions Inc. entered into a partnership agreement with CareOS SAS, a subsidiary of Baracoda Group, to provide consumer ECG monitoring technologies through the CareOS Poseidon smart mirror health and beauty hub. View more  about the market's vendor landscape highlights with a comprehensive list of vendors and their offerings. Key Market Segmentation Regional Market Outlook North America will contribute to 39% of the market growth during the forecast period. The growth of this region can be attributed to the increase in the prevalence of cardiovascular diseases, coronary artery disease, peripheral artery disease, and stroke. Apart from regions, if we look at the country-wise market growth, the US, Canada, Spain, Denmark, China, and UK will contribute to the highest market growth. Download our FREE sample report  for more key highlights on the regional market share of most of the above-mentioned countries. Latest Trends, Driving the Global Home Textile Retail Market Market Driver: Growing number of cardiac conditions due to irregularity in heart rhythms: Every year, approximately 209,000 patients in the United States are treated for in-hospital cardiac arrest, according to the Centers for Disease Control and Prevention (CDC). Arrhythmia can be exacerbated by other illnesses such as chronic liver and renal disease, as well as thyroid problems. According to the CDC, chronic kidney disease affects over 15% of adults in the United States, or nearly 37 million individuals (CKD). Every hour, roughly 340 people receive dialysis therapy for kidney failure, according to the CDC. The majority of ESRD patients who get hemodialysis suffer from cardiac arrest and arrhythmia. As a result, rising demand for arrhythmia monitoring devices like ILR is expected to drive market expansion throughout the forecast period. Market Trend: The supportive government and non-government initiative: Governments all across the world are concerned about the rise in cardiovascular disease cases. Furthermore, half of the world's population resides in rural areas, and nations like Spain, China, Thailand, and India are focusing on improving access to healthcare in these areas. As a result, the medical technology and device business is collaborating with government and non-governmental organizations to address the worrying state of people's health. Find additional information about various other market drivers & trends mentioned in our FREE sample report . Want to understand more about the various research methodology? Evaluate a specific segment or region in detail Identify key suppliers, customers, or other market players Analyze market regulations Tailor this report according to your needs. Get it done with our $1000 worth of free customization. Speak to Our Analyst Now ! Related Reports:                4.2 Bargaining power of buyers                                           Exhibit 16: Bargaining power of buyers                4.3 Bargaining power of suppliers                                       Exhibit 17: Bargaining power of suppliers                4.4 Threat of new entrants                                    Exhibit 18: Threat of new entrants                4.5 Threat of substitutes                          4.6 Threat of rivalry                   4.7 Market condition  5 Market Segmentation by Application                                        5.1 Market segments                5.2 Comparison by Application                             5.3 Cardiac arrhythmia - Market size and forecast 2021-2026                                 Exhibit 24:  Cardiac arrhythmia - Market size and forecast 2021-2026 ($ million)                               Exhibit 25:  Cardiac arrhythmia - Year-over-year growth 2021-2026 (%)                5.4 Atrial fibrillation - Market size and forecast 2021-2026                                      Exhibit 26:  Atrial fibrillation - Market size and forecast 2021-2026 ($ million)                               Exhibit 27:  Atrial fibrillation - Year-over-year growth 2021-2026 (%)                5.5 Market opportunity by Application                                             Exhibit 28:  Market opportunity by Application 6. Customer landscape                                        6.1 Overview                               Technavio's customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria                               Exhibit 29: Customer landscape                               Exhibit 32:  North America - Market size and forecast 2021-2026 ($ million)                               Exhibit 33:  North America - Year-over-year growth 2021-2026 (%)                7.4 Europe - Market size and forecast 2021-2026                                        Exhibit 34:   Europe - Market size and forecast 2021-2026 ($ million)                               Exhibit 35:  Europe - Year-over-year growth 2021-2026 (%)                7.5 Asia - Market size and forecast 2021-2026                               Exhibit 36:   Asia - Market size and forecast 2021-2026 ($ million)                               Exhibit 37:  Asia - Year-over-year growth 2021-2026 (%)                7.6 ROW - Market size and forecast 2021-2026                                            Exhibit 38:  ROW - Market size and forecast 2021-2026 ($ million)                               Exhibit 39:  ROW - Year-over-year growth 2021-2026 (%)                7.7 Key leading countries                        7.8 Market opportunity by geography                               Exhibit 41: Market opportunity by geography 8. Drivers, Challenges, and Trends                                  8.1 Market drivers                                     8.1.2 Growing awareness initiatives and access to healthcare                               8.1.3 Technological advances and new product launches                8.2 Market challenges                                             Exhibit 47: Market positioning of vendors                10.3 Abbott Laboratories                                       Exhibit 49:  Abbott Laboratories  - Business segments                               Exhibit 50:  Abbott Laboratories  - Key News                               Exhibit 51:  Abbott Laboratories  - Key offerings                               Exhibit 52:  Abbott Laboratories  - Segment focus                10.4 Angel Medical Systems Inc.                                         Exhibit 53:  Angel Medical Systems Inc. - Overview                               Exhibit 54:  Angel Medical Systems Inc. - Product and service                               Exhibit 55:  Angel Medical Systems Inc. - Key offerings                10.5 Asian Heart and Vascular Centre                                Exhibit 56:  Asian Heart and Vascular Centre - Overview                               Exhibit 57:  Asian Heart and Vascular Centre - Product and service                               Exhibit 58:  Asian Heart and Vascular Centre - Key offerings                10.6 BIOTRONIK SE and Co. KG                                            Exhibit 59:  BIOTRONIK SE and Co. KG - Overview                               Exhibit 60:  BIOTRONIK SE and Co. KG - Product and service                               Exhibit 61:  BIOTRONIK SE and Co. KG - Key offerings                10.7 Boston Scientific Corp.                                  Exhibit 63:  Boston Scientific Corp. - Business segments                               Exhibit 64:  Boston Scientific Corp. - Key News                               Exhibit 65:  Boston Scientific Corp. - Key offerings                               Exhibit 66:  Boston Scientific Corp. - Segment focus                10.8 CARDION sro                                     Exhibit 68:  CARDION sro - Product and service                               Exhibit 69:  CARDION sro - Key offerings                10.9 Medtronic Plc                                   Exhibit 71:  Medtronic Plc - Business segments                               Exhibit 72:  Medtronic Plc - Key offerings                               Exhibit 73:  Medtronic Plc - Segment focus                10.10 TechIndia Infoway Pvt. Ltd.                                       Exhibit 74:  TechIndia Infoway Pvt. Ltd. - Overview                               Exhibit 75:  TechIndia Infoway Pvt. Ltd. - Product and service                               Exhibit 76:  TechIndia Infoway Pvt. Ltd. - Key offerings                10.11 Vectorious Medical Technologies Ltd.                                  Exhibit 77:  Vectorious Medical Technologies Ltd. - Overview                               Exhibit 78:  Vectorious Medical Technologies Ltd. - Product and service                               Exhibit 79:  Vectorious Medical Technologies Ltd. - Key offerings 11. Appendix                                                          11.1.1 Market definition About Us Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. 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