SOURCE: Radiant Insights, Inc.

Radiant Insights, Inc.

February 19, 2016 06:36 ET

Cardiac Event Ambulatory Monitors and Recorders Market Worth $860 Million by 2018: Radiant Insights, Inc.

SAN FRANCISCO, CA--(Marketwired - Feb 19, 2016) - Lowered costs of care delivery supported by event recorders market, which are likely to achieve considerable growth further. This will augment overall market growth over the forecast period. Clinical studies, novel markets and clinical diagnosis are merging, as prices are reduced and technology is being used to generate superior devices. Furthermore, this technology is the major aid in providing early treatment. Core devices used for the implementation of m-health assist the cardiac event ambulatory monitors and recorders market.

Shortness of breath is not diagnosed as a respiratory indication and is not measured as cardiac indication when diagnosis is being done. These devices can get faster treatment as they can detect arrhythmias quite early.

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Unit functions are being extended from direct arrhythmia symptom analysis to clinical drug effectiveness studies and sleep studies creating a considerable growth opportunity. Clinical drug efficacy and sleep studies are emerging as the key services in the industry.

Vendors contribute in the services industry. The industry is segmented and distinguished by huge number of home care service providers and lesser regional hospitals. The overall market for cardiac event recorder is estimated to cross over $197 million in 2012 and is further projected to reach $860 million by 2018. Emphasis in prevention of disease and early diagnoses is expected to augment the overall market growth.

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