Market Size – USD 1.51 billion in 2019, Market Growth – CAGR of 7.5%, Market Trends –Technological advancements in healthcare infrastructure
The global acute ischemia monitors market is expected to be valued at USD 2.77 Billion in 2027 from USD 1.51 Billion in 2019, registering a CAGR of 7.5% through the forecast period. Acute ischemia refers to a sudden significant reduction in blood flow, mostly caused due to gradually decreasing blood flow. The condition most often leads to severe heart attack and stroke. Acute ischemia monitors are electrogram devices that record cardiac data and help detect ischemic events. One of the primary purposes of these devices is to provide an individual with an early warning of an ischemic event.
Prominent market players are Boston Scientific Corp, Medtronic plc, Angel Medical Systems Inc., Alfred Health Victoria Company, Cardiowatch Ltd., Blue Box Health Inc., Flashback Technologies, Inc., NewCardio, Inc., Intersection Medical, Inc., and Scivanta Medical Corp.
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The global acute ischemia monitors market is expected to account for a substantially high revenue in the forthcoming years, owing to various favorable factors. The primary factors contributing to the growth of the global market include the surging incidences of acute ischemic events, rising prevalence of heart disorders, the introduction of advanced equipment for heart diseases, and technological advancements in ischemia monitors, such as portable, insertable, implantable ischemia monitors. The increasing mortality rates due to acute ischemia, rising adoption of state-of-the-art cardiac monitoring devices, growing awareness about health and fitness, and increased government funding for healthcare infrastructure development are the other crucial parameters propelling the global acute ischemia monitors market growth.
Key findings from the report:
- Of the various device types, the benchtop monitors sub-segment is expected to lead the global acute ischemia monitors market over the forecast period. The segment is projected to accumulate a significant USD 1.35 Billion by 2027, displaying a robust CAGR of 7.7% through the estimated period. A considerable rise in cardiac surgical procedures, increasing incidences of acute ischemia, and rising installation across hospitals and surgical centers worldwide are the key factors bolstering this sub-segment’s growth. However, the portable monitors sub-segment would exhibit the highest CAGR of 9.1% over the forecast timeline, owing to the rise in ambulatory surgical procedures and growing adoption of first-aid care for heart attacks and stroke.
- Based on application, the surgical intervention segment is estimated to accrue around USD 725.95 million over the projected period at an impressive CAGR of 8.1%. A rapid surge in cardiac surgical procedures worldwide, the rising prevalence of cardiovascular diseases, and favorable medical reimbursement policies for heart strokes have stimulated the growth of this segment.
- The Asia Pacific region is expected to record a robust 8.4% CAGR over the forecast period, securing the leading position in the global acute ischemia monitors market. The growing prevalence of cardiovascular diseases, the emergence of technologically advanced ischemia monitors, a boom in medical tourism, and remarkable developments in healthcare infrastructure over recent years are the pivotal factors expected to trigger the regional market growth.
- In August 2020, the Indian pharmaceutical major Cipla, in collaboration with Stempeutics Research, introduced India’s first-ever allogeneic cell therapy product, called Stempeucel®, for critical limb ischemia (CLI) treatment. Reportedly, the latest launch followed the commercial use approval by the Drug Controller General of India (DCGI) for the new product.
For the purpose of this study, the global acute ischemia monitors market has been segmented on the basis of device type, application, and region:
By Device Type (Revenue, USD Million; 2017-2027)
By Application (Revenue, USD Million; 2017-2027)
- Initial management
- Surgical recovery
- Surgical intervention
- Emergency room
- Critical care
- Long-term care
By Region (Revenue, USD Million; 2017-2027)
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Table of Content :
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018-2026
Chapter 3. Indicative Metrics
3.1. Macro Indicators
3.1.1. Global usage of Fall Protections
3.1.2. Global Fall Protections usage by Application Type
Chapter 4. Global Acute Ischemia Monitors Market Segmentation & Impact Analysis
4.1. Global Acute Ischemia Monitors Segmentation Analysis
4.2. Global Acute Ischemia Monitors Market Value Chain Analysis, 2018-2026
4.3. Regulatory framework
4.4. Global Acute Ischemia Monitors Market Impact Analysis
4.4.1. Market driver analysis
4.4.2. Market restraint analysis
4.5. Key opportunities prioritized
4.6. Types analysis – Porter’s
4.7. Global Acute Ischemia Monitors Competitive scenario, 2018
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