The cardiovascular monitoring devices are primarily used in identifying pressure and electrical waveforms of the cardiovascular system which in turns assists in measuring and managing chronic cardiovascular disorders. The high-level data acquisition precision offered by these analyzers is one of the significant factors that has assisted in the growth of the cardiovascular monitoring and diagnostic devices market. The growing obese population and unhealthy dietary choices has led to an increase in the number of patients diagnosed with chronic cardiovascular diseases. This has resulted in patients registering for various cardio-related tests in hospitals which has increases the demand for these monitoring and diagnostic devices significantly.
Global Cardiovascular Monitoring and Diagnostic Devices Market: Drivers
Increasing prevalence of cardiovascular diseases is expected to propel growth of the global cardiovascular monitoring and diagnostic devices market over the forecast period. For instance, according to the American Heart Association's Heart and Stroke Statistics 2019 Update, around 48% of all adults in the U.S. suffered from some type of cardiovascular disease in 2016. Moreover, increasing geriatric population is also expected to aid in growth of the market. For instance, according to the U.S. Census Bureau, the U.S. geriatric population is expected to reach 77 million by 2034.
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