Global cardiac arrhythmia monitoring devices market is poised to attain commendable returns in the forecast years owing to the rising cases of cardiac diseases. These devices were used to detect cardiac arrhythmias at the comfort of one’s home. Today, the device has seen immense advancement and has been evolved to meet the constantly changing customer preference toward mobile and hand-held devices.
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One of the key factors boosting the demand for heart arrhythmia monitoring systems is the rising prevalence of atrial fibrillation. The condition often known as Afib or AF is the most common type of cardiac arrhythmia. Data by the Centers for Disease Control and Prevention suggest that around 2.7 to 6.1 million people in the US suffer from atrial fibrillation. The condition increases a person’s susceptibility to stroke by four to five times as opposed to non AFib patients. Therefore, early detection and treatment for the condition are highly advised, which will drive cardiac arrhythmia monitoring devices market outlook.The condition is also anticipated to witness significant upsurge on account of the rising prevalence of diabetes and obesity worldwide. Numbers by the World Health Organization suggests that nearly 422 million individuals worldwide suffer from diabetes. The number of individuals with an increased body mass index is also rising, which poses high risks for diabetes and heart diseases. Owing to the rising trend of sedentary lifestyle, the prevalence of these conditions is expected to grow in the future, thereby providing significant impetus to cardiac arrhythmia monitoring devices market growth.
The aging population is also slated to impact the home care settings segment, which is projected to experience commendable growth over the ensuing years. The World Health Organization estimates that by 2030 more people will be at risk of developing ill-health and chronic diseases. Through treatment in a home care setting, elderly patients can have proficient and cost-effective monitoring within the comfort of their home. The increasing preference for home care will favor the demand for portable devices like Zio patches, which will contribute to the growth of cardiac arrhythmia monitoring devices industry share.
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