The growth of the market is driven by the factors such as, growing ageing population in Asia Pacific and sedentary lifestyle in Asia Pacific. However, the market is likely to slower down its growth due to the lack of cardiac centers in poor countries in Asia Pacific in the region.
The high growth of the market is anticipated on account of the rising global geriatric population. In both males as well as females, the risk of cardiovascular diseases increases with increase in age. Increasing age makes the blood vessels less flexible and reduction in blood flow. Thus, the risk of heart disease is high in elder population. Also, according to the Heart Disease and Stroke Statistics 2018, average age at the first heart attack is 65.6 years for males and 72.0 years for females. According to a report of United Nation (2017), in Asia approximately 549.2 million people were 60 years old or more and is estimated to reach 1273.2 million by 2050. Furthermore, the United Nations Population Fund also reported that the number of ageing people in the Asia-Pacific region is growing at an unprecedented rate. It also predicted that by 2050, one in four people in Asia Pacific region will be over 60 years old.
Japan is expected to lead the market in the Asia Pacific region owing to the rise in the medial technology and availability of the medical devices for the medical conditions. Additionally, Japan has developed significant growth rates for the heart diseases as it is seen in the other countries such as US and UK. Therefore, considering the above mentioned factors the growth of the market in the country is likely to contribute largest share in the Asia Pacific region during the forecast period.
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ASIA PACIFIC MOBILE CARDIAC TELEMETRY SYSTEMS – MARKET SEGMENTATION
- Lead Based
- Patch Based
By End User
- Ambulatory Surgical Centres
- Cardiac Centres
- Asia Pacific
- BioTelemetry Inc.
- Applied Cardiac Systems, Inc
- Medicomp Inc
- Preventice Services, LLC
- The Scottcare Corporation
- Medi-Lynx (Subisidiary Of Medicalgorithmics, S.A),
- Zoll Medical Corporation
- Welch Allyn
- Telerhythmics, LLC
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