Global cardiac monitoring market to be valued at $13.24b by 2030

By end user, the hospital segment accounts for the largest market share.

The global cardiac monitoring market is expected to reach $13.24b by 2030 at a compound annual growth rate of 8.22%, according to Research and Markets.

The sector’s expansion is attributed to the rising burden of cardiovascular diseases and the increasing demand for long-term cardiac monitoring with implantable cardiac monitors.

By end user, the hospital segment accounts for the largest market share.

“Hospitals consist of emergency departments, general wards, ICU departments, surgery centres, and speciality care departments where cardiac monitors are used for a range of applications,” the report said.

By mode, the ambulatory mode segment is projected to record the highest growth rate of 9.79% during the forecast period.