The Implantable Loop Recorders Global Market Report 2023, provides comprehensive information on the implantable loop recorders market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Implantable Loop Recorders Global Market Report 2023, the global implantable loop recorder market is expected to grow from $1.33 billion in 2022 to $1.51 billion in 2023 at a compound annual growth rate (CAGR) of 13.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global implantable loop recorder market is expected to grow to $2.48 billion in 2027 at a CAGR of 13.1%.
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Product innovation is a key trend gaining popularity in the implantable loop recorder market. Major companies operating in the implantable loop recorder market are developing innovative products with advanced features to strengthen their position in the market. For instance, in January 2020, Biotronic, a Germany-based cardiovascular biomedical research, and technology company launched an injectable cardiac monitor, BIOMONITOR III to help patients with irregular heart rhythms by documenting unexplained syncope with increased clarity. BIOMONITOR III’s unique BIOvector is designed to deliver high-definition signals. The amplitudes and visibility of the p-waves3 make it easier for the physician to confidently evaluate arrhythmias.
The implantable loop recorders market is segmented:
1) By Product: Manual, Automatic
2) By Application: Atrial fibrillation, Cardiac Arrhythmia, Cardiac Syncope
3) By End Users: Hospitals, Cardiac Centers and Clinics, Ambulatory Surgical Centres
North America was the largest region in the implantable loop recorders market in 2022.
The table of contents in TBRC’s implantable loop recorders market report includes:
- Executive Summary
- Implantable Loop Recorders Market Characteristics
- Implantable Loop Recorders Market Trends And Strategies
- Implantable Loop Recorders Market – Macro Economic Scenario
- Implantable Loop Recorders Market Size And Growth
- Implantable Loop Recorders Market Segmentation
- Implantable Loop Recorders Market Regional And Country Analysis
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- Key Mergers And Acquisitions In The Implantable Loop Recorders Market
- Implantable Loop Recorders Market Future Outlook and Potential Analysis
- Appendix
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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