An implantable loop recorder (ILR), also known as an insertable cardiac monitor, is a small device about the size of a pack of chewing gum or USB memory stick that is implanted just under the skin of the chest for cardiac monitoring (that is, to record the heart's electrical activity).
The ILR monitors the electrical activity of the heart, continuously storing information in its circular memory (the "loop" of the name) as electrocardiograms (ECGs). Abnormal activity such as arrhythmia (irregular heartbeats) is recorded by "freezing" a segment of the memory for later review.
Typically, up to three episodes of abnormal activity can be stored, with the most recent episode replacing the oldest.
Recording can be activated in two ways. First, recording may be activated automatically according to heart rate ranges previously defined and set in the ILR by the physician. If the heart rate drops below, or rises above, the set rates, the ILR will record without the patient’s knowledge. The second way the ILR records is through a hand-held "patient activator" whereby the patient triggers a recording by pushing a button when they notice symptoms such as skipped beats, lightheadedness or dizziness. The ILR records by "freezing" the electrical information preceding, during and after the symptoms in the format of an electrocardiogram. The physician can download and review the recorded events during an office visit using a special programmer, which looks similar to a laptop computer.
The global Implantable Loop Recorder market is valued at xx million US$ in 2017 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2018-2025. The objectives of this study are to define, segment, and project the size of the Implantable Loop Recorder market based on company, product type, end user and key regions.
This report studies the global market size of Implantable Loop Recorder in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Implantable Loop Recorder in these regions.
This research report categorizes the global Implantable Loop Recorder market by top players/brands, region, type and end user. This report also studies the global Implantable Loop Recorder market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
St. Jude Medical
Market size by Product
Market size by End User
Market size by Region
Central & South America
Rest of Central & South America
Middle East & Africa
The study objectives of this report are:
To study and analyze the global Implantable Loop Recorder market size (value & volume) by company, key regions, products and end user, breakdown data from 2013 to 2017, and forecast to 2025.
To understand the structure of Implantable Loop Recorder market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Implantable Loop Recorder companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Implantable Loop Recorder submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Implantable Loop Recorder are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Implantable Loop Recorder market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.