Market Size of Asia-Pacific Cardiac Arrhythmia Monitoring Devices Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Market Size (2024) | USD 1.80 Billion |
| Market Size (2029) | USD 2.67 Billion |
| CAGR (2024 - 2029) | 8.22 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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APAC Cardiac Arrhythmia Monitoring Devices Market Analysis
The Asia-Pacific Cardiac Arrhythmia Monitoring Devices Market size is estimated at USD 1.8 billion in 2024, and is expected to reach USD 2.67 billion by 2029, growing at a CAGR of 8.22% during the forecast period (2024-2029).
In most of the cardiac disorders, continuous cardiac monitoring is required. Although cardiac arrhythmia cannot be cured completely, the best possible way to continuously monitor the patients suffering from cardiac arrhythmia is through remote patient monitoring, by using the cardiac arrhythmia monitoring devices, which is referred to as telecardiology.
Japan has the world's fastest ageing population. According to the World Ageing 2019 report, estimates the number of the population who are above 65 years of age in Japan was 35.524 million (28%) in 2019 which is projected to reach 37.278 million (30.9%) in 2030. As the number of geriatric population is expected to increase in the coming years who are more prone to chronic diseases such as cardiovascular diseases which ultimately rises the growth of the market as this group population need monitoring of the heart which ultimately increases the use of monitoring devices in near future.
The rising incidence of heart diseases in Asia-Pacific is also influencing the healthcare service providers to implement advanced telehealth services. Hence, the increasing usage of telecardiology is expected to drive the market studied in the future.
