Dallas, TX -- (SBWIRE) -- 02/14/2011 -- Global Cardiac Monitoring Systems Market 2009-2013
With advancements in technology, innovative product offerings with advanced diagnostic and measuring capabilities have been introduced in the Cardiac Monitoring Systems market. Further, the incorporation of wireless and digital technology is helping healthcare providers in the remote diagnosis and effective management of the critically ill patients. The ECG monitoring equipment, with enhanced communication and clinical capabilities, and improved system accuracy have been a major growth driver in the industry. In addition, the market is also witnessing an increased preference for portable and wireless monitoring devices. Thus, accelerating the demand for remote and in-home monitoring systems.

The high-tech cardiac monitoring systems have enabled physicians to impart better support to patients; thus, improving the quality of patient care. Besides, there has been an integration of sensor technology and wireless solutions (such as bluetooth, digital FM signals) that communicate a patient’s health status (especially ECG) to a medical professional, who in turn accesses the results. Further, wrist worn heart rate monitors, strapped chest heart rate monitor, etc., (that provide crucial information pertaining to fitness based on heart rates) have been the major attraction for younger and active population. Additionally, advanced featured transtelephonic, cardiac event monitors, remote cardiac monitors, etc. are also gaining momentum for the effective patient care of the critically ill patients.

The weakening economic conditions have had a negative impact in the Cardiac Monitoring Systems market. Thereby, delaying or cutting down capital expenditures by hospitals on cardiac monitoring products. However, the incidence of cardiovascular disease is growing rapidly, resulting in an increase in demand for cardiac monitor equipment (for identifying early stages of heart disease). Additionally, at present, the young population is largely affected by cardiac diseases due to their sedentary lifestyle. Thus, offering potential growth opportunity for the Cardiac Monitoring Systems market.

This report by Technavio Insights highlights the scope of the Global Cardiac Monitoring Systems market over the period 2009-2013, along with trends, drivers, growth inhibitors and a few major vendors in the market.

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