Middle East & Africa Cardiac Monitoring Market - Segmented by Type of Device and Geography - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Middle East & Africa Cardiac Monitoring Market is segmented by Device Type, End-User (Hospitals and Clinics, Home Care Settings and Other End-users) and Geography

Market Snapshot

CAGR
Study Period: 2018 - 2026
Base Year: 2019
CAGR: 5 %

Need a report that reflects how COVID-19 has impacted this market and its growth?

Market Overview

The market is driven by an increase in the prevalence of heart diseases, a growing aging population who are very susceptible to coronary heart diseases, and improved efficiency of devices. Countries in the Middle East & Africa have a high incidence of cardiac diseases. The rate of diagnosis of cardiovascular diseases is increasing over time due to the high incidence rate of cardiac diseases and the need to control mortality rate by early diagnosis, and treatment for CVD with the help of cardiac monitoring devices. Hence, a rise in the incidence of cardiovascular diseases drives the market. Other factors, such as investments in R&D for innovative product development, ease of use and portability in devices, and the demand for home-based, point of care and remote monitoring cardiac systems are the major drivers for the market.

However, the rising rate of infections due to these devices has tremendous economic implications on hospitals.

Scope of the report

As per the scope of the report, cardiac monitoring devices are used for observation of cardiac activity. Continuous monitoring of heart is mandatory to assess patient’s condition suffering from CVD. Cardiac monitoring devices records and display pressure and electrical waveforms of the cardiovascular system for measurement and treatment.

By Device Type
ECG Monitor
Event Recorder
Implantable Cardiac Loop Recorder
Pacemaker
Smart Wearable
Other Device Types
By End-users
Hospitals and Clinics
Home Care Settings
Others End-users
Geography
Middle-East and Africa
GCC
South Africa
Rest of Middle-East and Africa

Report scope can be customized per your requirements. Click here.

Key Market Trends

ECG Monitor is Expected to Dominate the Cardiac Monitoring Market

Cardiovascular disease (CVD) like stroke and heart disease is the leading cause of death in the region. The increase in the incidence of cardiovascular diseases (CVD), necessitates the need for long-term ECG monitoring. Usually, this procedure is possible in hospitals. However, with the introduction of wireless ECG, the doctors can monitor and diagnose the patient remotely and on time. There are two different types of ECG monitors available in the market, namely monitoring ECG systems and diagnostic ECG systems. The growing number of heart diseases boost segment growth in the region.

south africa card

To understand key trends, Download Sample Report

Competitive Landscape

The major players include GE Healthcare, Medtronic, Abbott Laboratories, Boston Scientific Corporation etc. Some of the strategies implemented include agreements, collaborative models, business expansion, and product developments. GE Healthcare collaborated with Heartflow technologies to provide better care for coronary artery patients in 2017.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Growing Incidences of Cardiovascular Diseases

      2. 4.2.2 Advancements in the Technology

    3. 4.3 Market Restraints

      1. 4.3.1 Unfavourable Reimbursement Policies and Risk of Infection Due to Implantable Monitoring Devices

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Device Type

      1. 5.1.1 ECG Monitor

      2. 5.1.2 Event Recorder

      3. 5.1.3 Implantable Cardiac Loop Recorder

      4. 5.1.4 Pacemaker

      5. 5.1.5 Smart Wearable

      6. 5.1.6 Other Device Types

    2. 5.2 By End-users

      1. 5.2.1 Hospitals and Clinics

      2. 5.2.2 Home Care Settings

      3. 5.2.3 Others End-users

    3. 5.3 Geography

      1. 5.3.1 Middle-East and Africa

        1. 5.3.1.1 GCC

        2. 5.3.1.2 South Africa

        3. 5.3.1.3 Rest of Middle-East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 Medtronic PLC

      2. 6.1.2 Abbott Laboratories

      3. 6.1.3 Boston Scientific Corporation

      4. 6.1.4 GE Healthcare

      5. 6.1.5 Biotronik

      6. 6.1.6 iRhythm Technologies Inc

      7. 6.1.7 Hill-Rom Holdings

      8. 6.1.8 Schiller

    2. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments

You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

The Middle East & Africa Cardiac Monitoring Market market is studied from 2018 - 2026.

The Middle East & Africa Cardiac Monitoring Market is growing at a CAGR of 5% over the next 5 years.

Boston Scientific Corporation, iRhythm Technologies Inc, Biotronik, Abbott Laboratories, Medtronic PLC are the major companies operating in Middle East & Africa Cardiac Monitoring Market .

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!