Market Trends of Asia-Pacific Cardiac Arrhythmia Monitoring Devices Industry
This section covers the major market trends shaping the APAC Cardiac Arrhythmia Monitoring Devices Market according to our research experts:
Holter Monitoring Devices Segment is Expected to Dominate the Asia-Pacific Cardiac Arrhythmia Monitoring Devices Market
Holter monitoring devices are found dominating the market as these devices can be used for longer durations for diagnosing sporadic symptoms in suffering patients. They also offer faster and convenient monitoring to increase patient compliance and is also likely to enhance treatment outcome. Furthermore, there are several advancements taking place in the cardiac arrhythmia monitoring devices market and these advances are rapidly increasing, which in turn, is driving the cardiac arrhythmia monitoring devices market.
As per United Nations Population Fund (UNFPA) 2017 report, estimates that in India, by 2050 the number of heart disease cases in senior citizens is projected to be about 19.1 million which is expected to increase the use of cardiac monitoring devices which shows a positive impact on the market in coming years.
Hence, as the number of heart diseases is expected to increase in the near future, the prevalence of cardiac arrhythmia is also expected to increase. This will increase the demand for Holter monitoring devices, which will positively impact market growth.