[October 11, 2017] |
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Top 5 Vendors in the Cardiac Monitoring Market from 2017 to 2021 | Technavio
Technavio
has announced the top five leading vendors in their recent global
cardiac monitoring market report. This research report also
lists 13 other prominent vendors that are expected to impact the market
during the forecast period.
This press release features multimedia. View the full release here:
http://www.businesswire.com/news/home/20171011005843/en/
Technavio has published a new report on the global cardiac monitoring market from 2017-2021. (Graphic: Business Wire)
Cardiac monitoring refers to the continuous or intermittent observation
of heart activity to determine the health of the heart. It helps
diagnose cardiac arrhythmias and other heart conditions. Cardiac
monitoring devices include ECG devices, cardiac event monitors, ILRs,
and COM devices. ECG devices are non-invasive diagnostic tools that are
commonly used to monitor and record the electrical and muscular activity
of the heart.
Competitive vendor landscape
The global cardiac
monitoring market is highly competitive and fragmented. This is due
to the presence of several local and global players. The leading vendors
offer a broad range of products, make significant investments in R&D,
and offer technologically advanced products. This affects the small and
medium-sized vendors. Vendors are competing on factors such as price,
R&D, brand awareness, product portfolio, device features, and
geographical coverage.
"The vendors are increasing their R&D investments to develop new
products and improve their existing products. They are also acquiring
companies to gain access to better technologies and expand the scope of
their offerings. They are focused on expanding their businesses
internationally and are generating a significant volume of their net
sales from their international operations," says Soumya Mutsuddi, a
lead patient
monitoring devices research analyst from Technavio.
This report is available at a USD 1,000 discount for a limited time
only: View
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Top five cardiac monitoring market vendors
Abbott
Abbott is a global healthcare company. The company operates in more than
150 countries. It offers products related to nutrition, medical devices,
diagnostics, and pharmaceuticals. In January 2017, the company acquired
St. Jude Medical. This strengthened its presence in global medical
devices market. It also made the company one of the leading vendors in
cardiovascular devices market.
GE Healthcare
GE Healthcare is a medical equipment manufacturer and a pharmaceutical
company. The company provides medical imaging and information
technologies, medical diagnostics, patient monitoring systems, drug
discovery, biopharmaceutical manufacturing technologies, performance
improvement, and performance solutions services.
Hill-Rom
Hill-Rom manufactures medical technologies and provides related services
to the healthcare industry. The company owns several brands such as
Allen Medical Systems, Liko R&D AB, Mortara Instrument, Trumpf Medical,
Völker, and Welch Allyn. It offers products such as hospitals beds and
long-term care beds, wound therapy systems, support surfaces and
mattresses, patient handling, stretchers, furniture, respiratory care,
clinical workflow solutions, and surgical equipment.
Medtronic
Medtronic is a medical device company that has a strong geographical
presence. The company serves hospitals, physicians, clinicians, and
patients in more than 160 countries. It has 89 manufacturing facilities
across the world. It has segmented its business into cardiac and
vascular group, minimally invasive therapies group, restorative
therapies group, and diabetes group.
Philips (News - Alert) Healthcare
Philips Healthcare is a subsidiary of Philips. The company offers
products related to health and wellness, personal care, domestic
appliances, diagnostic imaging, image-guided therapy, ultrasound,
patient care and monitoring solutions, healthcare informatics solutions
and services, population health management, and others. The company has
82 production facilities in 22 countries.
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View source version on businesswire.com: http://www.businesswire.com/news/home/20171011005843/en/
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