Cardiac Implant monitoring services benefits & uses

Cardiac Implant monitoring services benefits & uses

By 2030, the global implantable cardiac market is expected to hit $974.42 million in market value.  As things stands, 10% of Americans have implanted medical devices and require round-the-clock oversight, with many of them relying on cardiac implant monitoring services that can spell the difference between life and death. This growing need has increased the demand for cardiac implant monitoring services, and our infographic today covers some important facts and figures that you should know.

The state of heart disease in the US 

• 2 fatalities are experienced every 68 seconds due to heart disease
• 697,000 heart disease fatalities were noted in 2020
• 20% of all deaths in 2020 were due to heart disease
• 17.9 million die annually, making cardiovascular disease the leading cause of death worldwide
• 48% of Americans today are living with cardiovascular disease

 The cardiac Implant monitoring market in numbers

•  $500,020,000 was the market value for cardiac implant monitoring in 2022
• $ 474, 400,000 is the projected rise in market in value between the forecast period 2020 to 2030 
• 7.2% is the estimated CAGR for the cardiac implant monitoring market between 2021 and 2030

The cardiac implant monitoring market segment by region

• North America hogs the global market, proving the most dominate in the market currently. 
• From 2020 to 2030, North America is predicted to fortify its position as the leading global market
• In North America, the US accounted for the lion’s share of this market due to rise in heart diseases and unhealthy lifestyles
• The Asia-Pacific market is expected to have the fastest CAGR growth rate during this forecast period

 The devices that cardiac implant monitoring services cover: 

•  Cloud based care management platforms are ensuring high availability and better critical care team coordination
• Artificial intelligence is being leveraged to provide arrhythmia interpretation hints
• Big data personalization is being employed to ensure personalized workflows and care plans to improve health outcomes
• Modern cardiac implant monitoring providers allow physicians to define customization 

Conditions cardiac implant monitoring monitoring thresholds

• Atrial fibrillation: These services can pick out irregularities in the upper heart chambers
• Tachycardia: They can also pick out cases where heart beats too fast 
• Bradycardia: Cardiac implant monitoring services can uncover slow heart rates, and many other arrhythmias
• Other monitoring thresholds covered include pause, P-wave analysis and QRS morphology

Devices cardiac implant monitoring services cover

• Implantable cardiac defibrillators or ICD, an ever growing market consisting of 800,000 patients with 10,000 new additions each month
• Implantable loop records, a market that is projected to witness a CAGR of 9.6% by 2027
• Pacemakers. 600,000 new patients each year need pacemakers, with 3 million people worldwide living with pacemakers.

Benefits of cardiac implant monitoring

• 65% lower rates of admission resulting from atrial arrhythmia
• 80% faster turnaround time when it comes to the detection of clinical events
• 200% increased rate of survivability compared to patients that don’t use these services
• Cardiac implant monitoring safeguards against pacemaker failures
• Facilities offering cardiac implant monitoring increase revenue via Medicare reimbursements
• Lower patient costs due to reduced admissions and check up visits 
• Patients get to spend more time at home with their families

Use cases of cardiac implant monitoring

• Physicians recommend remote cardiac implant monitoring to monitor long-term cardiac conditions
• It is advised for high-risk patients to avoid exposure to newer infections in waiting rooms
• Cardiac implant monitoring is necessary to reduce hospital visits when patients live far away
• It is also appropriate when physicians need to identify event triggers at home
• Cardiac implant monitoring can ease staff shortage and occupancy challenges
• These services help detect the early onset of clinical deterioration