A comprehensive industry overview and market perspective are included in the latest study from MarkNtel Advisors titled Global Cardiac AI Monitoring and Diagnostics Market. The research provides a detailed overview of the current market state, including market trends and the most recent advancements made globally. In-depth analysis of market size, share, industry trends, forecast, and competitive environment is covered in the report that presents clear picture of the market with relevant statistical data.

The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.

Global Cardiac AI Monitoring and Diagnostics Market Definition:

Cardiac AI (Artificial Intelligence) monitoring & diagnostics refers to the use of artificial intelligence & machine learning (ML) technologies to monitor, diagnose, and analyze the condition of patients suffering from cardiac diseases. It involves the application of advanced algorithms & software to process and interpret data from various cardiac monitoring devices & medical tests, such as electrocardiograms (ECGs or EKGs), echocardiograms, Holter monitors, and wearable heart rate monitors.

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Global Cardiac AI Monitoring and Diagnostics Market Insights:

The Global Cardiac AI Monitoring and Diagnostics Market is estimated to grow at a CAGR of around 25.6% during the forecast period, i.e., 2024-29.

Global Cardiac AI Monitoring and Diagnostics Market Challenge

Rising Incidence of Coronary Artery Diseases to Encourage the Product Demand –  With the rising incidence of coronary artery diseases worldwide, especially across Asia-Pacific & Europe, owing to the surging adoption of unhealthy & sedentary lifestyles among consumers, the demand for AI-based monitoring & diagnosis services has been increasing significantly across the globe. For instance:

According to the British Heart Foundation, in 2022, globally, 1 in every 14 people was living with coronary heart disease, either linked to the heart or circulatory vessels.

As the prevalence of coronary artery diseases among patients continues to increase, healthcare professionals have been progressively transitioning to the usage of AI software & services in recent years. This inclination toward AI software in cardiovascular diagnosis & monitoring has been attributed to the ease of processing large amounts of data generated from these diagnostics devices within a minimum time, further enhancing the Global Cardiac AI Monitoring and Diagnostics Market size.

Global Cardiac AI Monitoring and Diagnostics Market Leading Key Players:

HeartVista, Inc., Siemens Healthineers AG, RSIP Vision, Ultromics Limited., Tempus Labs, Inc., Cardiologs Technologies, Cleerly, Inc., AliveCor, Inc., Aidoc Medical Ltd., Boston Scientific Corporation, CathWork Inc., HeartFlow, Inc., iRhythm Technologies, Inc., Nano-x Imaging Ltd., etc.

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Global Cardiac AI Monitoring and Diagnostics Market Segmentation:

Based on Product

- Software- Market Size & Forecast 2019-2029, USD Million

- Hardware- Market Size & Forecast 2019-2029, USD Million

Based on Type

- Cardiac Diagnostics- Market Size & Forecast 2019-2029, USD Million

-- Cardiac Imaging- Market Size & Forecast 2019-2029, USD Million

-- Electrocardiography-Based (ECG-Based) Diagnostics- Market Size & Forecast 2019-2029, USD Million

-- Others (Blood Biomarker Analysis, Cardiac Stress Testing, etc.) - Market Size & Forecast 2019-2029, USD Million

- Cardiac Monitoring- Market Size & Forecast 2019-2029, USD Million

Based on Indication

- Hypertension (High Blood Pressure)- Market Size & Forecast 2019-2029, USD Million

- Coronary Artery Disease (CAD)- Market Size & Forecast 2019-2029, USD Million

- Arrhythmias- Market Size & Forecast 2019-2029, USD Million

- Cardiomyopathies- Market Size & Forecast 2019-2029, USD Million

- Others (Valvular Heart Disease, Peripheral Artery Disease (PAD), etc.) - Market Size & Forecast 2019-2029, USD Million

Based on End User

- Hospitals - Market Size & Forecast 2019-2029, USD Million

- Diagnostic Centers- Market Size & Forecast 2019-2029, USD Million

- Specialty Cardiology Clinics- Market Size & Forecast 2019-2029, USD Million

- Ambulatory Surgical Centers- Market Size & Forecast 2019-2029, USD Million

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Global Cardiac AI Monitoring and Diagnostics Market Geographical Analysis

By Region

- North America

- South America

- Europe

- The Middle East & Africa

- Asia Pacific

Recent Development of Global Cardiac AI Monitoring and Diagnostics Market:

2023: Ultromics Limited received the US Food and Drug Administration (FDA) clearance for EchoGo® Heart Failure, an AI solution for echocardiography. It is an AI-powered platform designed for precise identification of heart failure with preserved ejection fraction (HFpEF).

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