WinterGreen Research announces
that it has published a new study Cardiac Event Ambulatory Monitors and
Recorders: Market Shares, Strategy, and Forecasts, Worldwide, 2012 to
2018. The 2012 study has 311 pages, 90 tables and figures. Worldwide
markets are poised to achieve significant growth as event recorders find
ways to support lowering the cost of care delivery by supporting
shorter hospital stays and more home based services. New markets in
clinical diagnoses and clinical studies are emerging as prices decrease
and technology creates more advanced devices. Unit functions are being
extended from direct arrhythmia symptom analysis to sleep studies and
clinical drug efficacy studies creating significant growth opportunity.
According to Susan Eustis, lead author
of the WinterGreen Research team that prepared the cardiac event
ambulatory monitors and recorders market research study, “Shortness of
breath is a common symptom of cardiac disease. It is frequently
misdiagnosed as a respiratory symptom or ignored by patients and is not
even considered a cardiac symptom when the clinician is making a
diagnosis. Cardiac event ambulatory monitors can detect arrhythmias and
get people to treatment faster before it is too late to correct
congestive heart failure.”
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Early treatment is essential and the
technology is a vital aid in providing that treatment. Hospitals and
clinicians will have increased access to devices as insurers realize the
value of detecting and treating cardiac disease early. Sleep studies
and clinical drug efficacy study opportunities are creating significant
growth opportunity.
Cardiac Event Recording and monitors
are evolving as a services industry. Patients do not pay directly for
units, they are provided by a clinician and the clinician is reimbursed
by CMS in the US as a fee for service. In this manner the vendors
participate in the services market. The cardiac event recording services
industry is fragmented and characterized by a large number of smaller
regional hospital and home care service providers.
Consideration of Cardiac Event
Recorder Market Forecasts indicates that markets at $165.6 million will
reach $862.7 million by 2018. Growth comes as more emphasis is put on
early diagnosis and prevention of disease. Heart failure patients
participating in home based programs get called back from nurse within
20 minutes of transmitting readings. This is similar to the response
time available in a hospital and positions products in the large and
growing telemedicine market space.
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For a patient that has arrhythmia and a
device detects symptoms, there is the ability to take life saving
action. Quick response brings the matter to the attention of the
clinician often without patient involvement, helping better serve the
patient. Advice can be rendered as to how and why weight fluctuation is a
issue and how control of disease is based on lifestyle and diet. Rapid
weight gain can indicate fluid retention and a worsening of cardiac
function.
This study illustrates the cardiac
event recording market driving forces and provides the market shares and
consideration of market size and number of recorders prescribed or
used. It describes monitoring services used and services provided to
subscribers, reimbursement by insurance carriers. The principal
competitive factors that impact the success of cardiac monitoring
solutions are addressed in the comprehensive market study.
For More Information Contact:
Hemendra Parmar
State Tower
90 State Street, Suite 700
Albany, NY 12207
United States
Tel: +1-518-618-1030
sales@marketResearchReports.biz
website: http://www.marketresearchreports.biz/
Blog: http://mrrbiz.blogspot.co.uk/
Hemendra Parmar
State Tower
90 State Street, Suite 700
Albany, NY 12207
United States
Tel: +1-518-618-1030
sales@marketResearchReports.biz
website: http://www.marketresearchreports.biz/
Blog: http://mrrbiz.blogspot.co.uk/
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