Market Trends of Asia-Pacific Cardiac Monitoring Industry
This section covers the major market trends shaping the APAC Cardiac Monitoring Market according to our research experts:
ECG Monitor Segment is Expected to Show Better Growth in the Forecast Years
Based on Device type, the market is segmented into ECG Monitor, Event Recorder, Implantable Cardiac Loop Recorder, Pacemaker, Defibrillator, CRT Devices, Smart Wearable and others. The ECG devices can be used for the continuous monitoring of patients suffering from CVD and for the detection of problems when they are usually easier to treat, while avoiding life-threatening and expensive emergency admissions.Thedevelopment of commercially advanced devices,with enabled Bluetooth sensor technology and mobile app technology is expected to drive the popularity of ECG Monitors. In 2018, Qardio, Inc., received the approval from Australia's Therapeutic Goods Administration (TGA) for QardioCore, its revolutionary ECG monitor.Furthermore, technological advancements and product innovations taking place in the development of ECG devices are likely to propel the market growth.