Cardiac Rhythm Remote Monitoring Devices Market - Competitive Dynamics and Global Industry Outlook 2

Cardiac Rhythm Remote Monitoring Devices are the implanted heart devices which help to detect abnormal heart rhythms of a patient. The cardiac rhythm remote monitoring devices provide easy access to information that allows managing heart conditions, monitor implanted heart devices and helps to obtain information from implanted heart device on an as-needed basis. The cardiac rhythm remote monitoring devices are the advanced technology that is connected to minicomputer and able to communicate heart related critical information to the doctor or to the specialist. It is used to collecting data about heart activities such as heart rate or rhythm and as well as the data about the device itself after syncs transmitter with pacemaker and ICD. The transmitter sends the information related to the heart condition by a secure website to the doctor or physician. The transmission or syncing of the information is transfer at specific dates and times, usually transmitting is completed overnight during the sleeping or located near the base unit of the device. When events generate an alert, the notice automatically send to the physician via fax, message, website message or an e-mail.

Cardiac rhythm remote monitoring devices used to allow physicians and doctors to monitor more and more patients. The compliance of follow-up is become easier for patients, the device helps to alleviate the volume of in-office patient follow-ups and it is also able to give early warnings related to cardiac problems of the patient to the physician. By using a magnetic sensor device, a non-wireless system can transmit pacemaker data to the monitoring device. Some of the newest generation of pacemakers such as ICMs, ICDs and CRTs are compatible with cardiac rhythm remote monitoring systems.

The global market of the cardiac rhythm remote monitoring devices is driven by the increasing awareness among the population regarding to the heart related problem in adults. The key drivers of the market are increasing prevalence cases of heart attack and other heart related problems. The growing advancement technologies such as and the developments such as web-based, automated and remote monitoring systems of devices are the prime factors to drive the market. The lack of experience in using these advanced technologies and the high cost of these devices can act as a restraint to the market.

The increasing awareness among the people and the increasing advancement technologies are expected to drive the market. The cardiac rhythm remote monitoring devices market is classified by product type, by modality and by end user. In terms of product type the global market of the cardiac rhythm remote monitoring devices are segmented into implantable cardioverter defibrillator (ICD) devices which further segmented into implantable defibrillators, external defibrillators, manual external defibrillators and automated external defibrillators; cardiac resynchronization therapy (CRT) devices, implantable cardiac monitors (ICMS) and implanted hemodynamic monitor. By modality type the global market of the cardiac rhythm remote monitoring devices are segmented into portable devices and non-portable devices. By end user the global market of the cardiac rhythm remote monitoring devices are segmented into long-term centers, specialized clinics and hospitals.

On the basis of geography, the global cardiac rhythm remote monitoring devices marketis segmented as North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific, Japan, Middle East and Africa. North America is expected to lead the market due to better economic condition, better healthcare facilities and better government initiatives. Europe market is expected to hold the second largest market share followed by Latin America due to increasing awareness and increasing adoption of advanced technologies.

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Some of the key players in cardiac rhythm remote monitoring devices market are Medtronic, GE Healthcare (U.S.), Boston Scientific Corporation (U.S.), Philips Healthcare (Netherlands), St. Jude Medical, Inc. (U.S.) and others.

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