Heart Failure Monitoring Systems Market Dynamics, Forecast, Analysis and Supply

Posted by vakhas on July 4th, 2019

Heart failure is a fatal condition and addressing it has become an urgent health priority, as the world has almost 26 million people living with heart failure. According to the National Center for Biotechnology, heart failure is accelerating in prevalence, leading to considerable health expenditures. Despite the significant advances in treatment, therapies and prevention, morbidity and mortality are still skyrocketing.

The growing awareness about the heart related issues is driving the demand for systems, such as heart failure monitoring systems that can help medical professionals detect cardiac filling pressure, days or weeks before the symptoms become evident. Heart failure monitoring systems allow healthcare providers to intervene timely to prevent heart failure hospitalization.

Although there have been significant advances in heart failure monitoring systems, such as device-based therapy, the heart failure-related mortality remains high. Manufacturers of medical equipment and devices such as heart failure monitoring systems, continue to alter their manufacturing techniques by widely investing in heart failure monitoring systems’ R&D to curb the growing menace of heart-related conditions.

Many leading manufacturers of heart failure monitoring systems are working on technologically-advanced heart failure monitoring systems to control the widely increasing heart failure cases. Medical professionals are eyeing at the novel, one of its kind and FDA-approved wireless heart failure monitoring system-CardioMEMS heart failure monitoring system- as a potential cure for heart failure. CardioMEMS heart failure monitoring system, which is manufactured Abbott, has been proven to notably decrease heart failure.

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Heart Failure Monitoring Systems: Market Insights

Heart Failure is one of the common cause of morbidity and mortality and largely affect the economy of country. Despite many advances in heart failure monitoring and devices based therapy heart failure related mortality rate remains high. According to NCBI, the prevalence of heart failure in US is 5.8 million and over 23 million worldwide. Incidence of increasing and reaching 650,000 people per year. Heart failure monitoring systems detect cardiac filling pressure before days or week the symptoms which allow healthcare provider to intervene to prevent heart failure hospitalization. Heart failure monitoring gives physician daily information on heart function which prevent heart failure decompensation and hospitalization. Miniature wireless monitoring sensor is implanted in the pulmonary artery during the minimally invasive procedure which directly measure pulmonary pressure. Heart failure monitoring system allows patients to transmit the information from home to the healthcare providers which allow clinicians to change medication and pro-actively implement other treatment options to avoid hospitalization and improve the patient’s condition.

Heart Failure Monitoring Systems: Key Players

Some of the key players present in global heart failure monitoring systems market are Abbott.

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Value Chain

The regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia)
  • Asia-Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • The Middle East and Africa (GCC, S. Africa, N. Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance

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vakhas

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vakhas
Joined: July 27th, 2017
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