Cardiac Output Monitoring Devices Market Size

Cardiac Output Monitoring Devices Market size was valued at USD 1.04 Billion in 2023 and is poised to cross USD 1.69 Billion by the end of 2036, registering more than 3.8% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of cardiac output monitoring devices is estimated at USD 1.08 Billion.The growth of the market can be attributed to the worldwide surging occurrences of cardiovascular diseases (CVDs), along with the rising awareness among people regarding CVD diseases. As per the data released by the World Health Organization (WHO), 17.9 million people worldwide die from CVDs each year, contributing to 32% of all mortalities. Besides this, growth in the healthcare sector is also a significant factor that is projected to further fuel the global cardiac output monitoring devices market growth over the forecast period.

In addition to these, factors that are believed to fuel the market growth of cardiac output monitoring devices include the rise in cardiac arrest cases throughout the world. For instance, in the United States, more than 358,000 cardiac arrests occur outside of hospitals every year, with approximately 7 in 10 occurring at home. Thus, the count of patients admitted to critical care units for intensive or invasive monitoring has been increasing. As a result, cardiac output monitoring devices have become a vital element in assessing patients in the operating room, critical care unit, and other places. Additionally, a significant surge in respiratory problems, a rise in various types of severe infections, as well as a rise in the count of unmet medical requirements in emerging nations are some more factors that are anticipated to accelerate the market trend over the projected time frame.