The Europe mobile cardiac telemetry systems market is expected to reach US$ 477,845.5 Mn in 2027 from US$ 167,462.4 Mn in 2018. The market is estimated to grow with a CAGR of 13.0% from 2019-2027.
The growth of the market is driven by the factors such as, rising prevalence of cardiovascular diseases and increasing elderly population. However, the market is likely to slower down its growth due to the high cost of products and procedures in the region.
The growing elderly population is the major cause of the heart diseases in the region. The heart disease are mostly pone to the elderly people due to weak immunity and major other health problems. The general aging factors leads to stiffen the heart and blood vessels that leads to the heart disorders. As the age grows the systolic blood pressure also rises and it leads to an incidences of the cardiovascular diseases. Thus, the people with the age of 75 years and above high blood pressure is the common risk factor for the heart condition. Coronary artery disease and heart failure are the next caused conditions. In 2017, Europe has the largest percentage of geriatric population with a share of 25%25%. The fast and rapid ageing is occurring in other parts of the world as well, so that by 2050 all regions of the world except Africa will have nearly a quarter or more of their populations at ages 60 and above. The number of older persons in the world is anticipated to be US$ 1.4 billion in 2030 and US$ 2.1 billion in 2050, and will rise above US$ 3.1 billion in 2100. The rising geriatric population in the region leads to rise in cardiovascular disease which is likely to grow mobile cardiac telemetry systems market in the forecast period.
Germany is expected to lead the market in the Europe region owing to the increasing prevalence of the cardiovascular diseases. Moreover, rising percentage of the incidences increases with the growing age in the country, which helps to upsurge the market growth. Therefore, considering the above mentioned factors the growth of the market in the country is likely to contribute largest share in the Europe region during the forecast period.
Exhibit: Rest of Europe Mobile Cardiac Telemetry Systems Market Revenue and Forecasts to 2027
(US$ Mn)
EUROPE MOBILE CARDIAC TELEMETRY SYSTEMS – MARKET SEGMENTATION
By Technology
By End User
By Geography
Company Profiles
| Report Attribute | Details |
|---|---|
| Market size in 2018 | US$ 167,462.4 Million |
| Market Size by 2027 | US$ 477,845.5 Million |
| CAGR (2019 - 2027) | 13.0% |
| Historical Data | 2016-2017 |
| Forecast period | 2019-2027 |
| Segments Covered |
By Technology
|
| Regions and Countries Covered |
Europe
|
| Market leaders and key company profiles |
|
The Europe Mobile Cardiac Telemetry Systems Market is valued at US$ 167,462.4 Million in 2018, it is projected to reach US$ 477,845.5 Million by 2027.
As per our report Europe Mobile Cardiac Telemetry Systems Market, the market size is valued at US$ 167,462.4 Million in 2018, projecting it to reach US$ 477,845.5 Million by 2027. This translates to a CAGR of approximately 13.0% during the forecast period.
The Europe Mobile Cardiac Telemetry Systems Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Mobile Cardiac Telemetry Systems Market report:
The Europe Mobile Cardiac Telemetry Systems Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Mobile Cardiac Telemetry Systems Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Mobile Cardiac Telemetry Systems Market value chain can benefit from the information contained in a comprehensive market report.
Please tell us your area of interest
(Market Segments/ Regions and Countries/ Companies)
E 1803, Panchshil Towers,
Wagholi, Haveli,
Pune - 412207,
Maharashtra, India
US:+16467917070
sales@businessmarketinsights.com
Get Free Sample For Europe Mobile Cardiac Telemetry Systems Market
