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Remote Cardiac Monitoring Market size was valued at over USD 3 billion in 2022 and is projected to reach more than USD 10 billion by 2032.
Remote cardiac monitoring refers to the practice of monitoring a patient's heart activity and related parameters remotely, outside of a traditional medical facility. It involves the use of specialized devices and technology to collect and transmit data about the patient's heart function to healthcare professionals for analysis and interpretation. In addition, rising incidence of heart diseases across the globe owing to a greater adoption of sedentary lifestyle and unhealthy dietary habits such as excessive consumption of alcohol and smoking, the cases of cardiovascular disorders are increasing at rapid rate that will thereby stimulate the market development.
Moreover, growing adoption of remote patient monitoring devices is further augmenting the market growth. Growing adoption of wearable cardiac devices in treatment of various heart diseases will boost the industry landscape. Developed regions such as North America and Europe have a high adoption rate of remote cardiovascular devices due to rising geriatric population base. People in countries such as the U.S. and Canada suffering from chronic cardiovascular diseases that require continuous critical monitoring and hence prefer remote cardiac monitoring devices that will positively influence the industry's progress.
Report Attribute | Details |
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Base Year: | 2022 |
Remote Cardiac Monitoring Market Size in 2022: | USD 3.7 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 11.4% |
2032 Value Projection: | USD 10.5 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 145 |
Tables, Charts & Figures: | 201 |
Segments covered: | Product Type, End-use, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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