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Evolution of cardiac devices opens new vistas

Source:Research and Markets Release Date:2013-07-19 122
Medical Equipment
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Research and Markets forecasts BRICSS cardiac monitoring and diagnostic devices market to reach US$2.4 billion by 2015

THE broad health care division has been witnessing a rapid growth and technological improvements varying from sector to sector in the past 3-5 years. The evolution of cardiac devices has opened new vistas in the health care industry. Growth rate exhibited by the cardiac devices industry, even during the recession years, confirms the positive growth prospects going ahead, according to Research and Markets.

‘Cardiac Monitoring and Diagnostic Devices – Emerging Markets (Brazil, Russia, India, China, South Africa and South Korea), 2009-2015 from Research and Markets forecasts the BRICSS cardiac monitoring and diagnostic devices market to reach US$2.4 billion by 2015, at a CAGR of 12% during the analysis period 2009-2015.

China accounts for nearly 25% of the global value and India also claims almost the same percentage. In terms of CAGR, India is the fastest growing region whilst China and South Korea are just behind. Forecasts of BRICSS ECG market value indicate a 35% by 2015 leaving the rest of the market to event monitors, cardiac stimulating devices, remote cardiac monitors and holter monitors.

 

Publication overview

The report reviews the latest trends in cardiac monitoring and diagnostic devices segment with a perceptive attempt to disclose the near-future growth prospects. An in-depth analysis on a geographic basis provides strategic business intelligence for healthcare sector investments. The study reveals profitable investment strategies for pharmaceutical manufacturers, biotechnology companies, laboratories, Contract Research Organizations (CROs), government organizations and many more in preferred locations.

The report primarily focuses on:

- Emerging Market Trends

- Advancements in the Technological Space

- Market Demand Of The Segments (By-Region)

- Key Growth Areas and Market Size

- Region-Wise Demand Factor

- Key Competitors Edge

- Investment Strategies

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