Cardiovascular devices are used in treating diseases related to the heart and the circulatory system. Cardiac Rhythm Management (CRM) devices are those devices which are used to restore the natural synchronized pumping rhythm of the heart. An Implantable loop recorder (ILR) is a subcutaneous, single-lead, electrocardiographic (ECG) monitoring device used for diagnosis in patients with recurrent unexplained episodes of palpitations or syncope, along with long-term monitoring in patients at risk for or with atrial fibrillation, structural heart disease, bundle branch block, recurrent neurally mediated syncope etc. GlobalData uses proprietary data and analytics to provide a comprehensive report on the implantable loop recorders devices market, including market shares of different players within Australia. Buy the latest report here.

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Data Insights Australia Implantable Loop Recorders Market Share

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In 2022, GlobalData’s Market Model methodology determined that the leading player in the implantable loop recorders market in Australia was Medtronic followed by Boston Scientific, Biotronik SE and Abbott Laboratories.

An Implantable loop recorder (ILR) consists of the insertable recorder that comes with a battery and two surface electrodes.

Following the widespread disruption resulting from the COVID-19 pandemic to the broader medical devices market during 2020 and 2021, the value of the implantable loop recorders devices market within Australia was expected to be over $1m in 2022.

For the latest complete market share analysis of implantable loop recorders device market in Australia, buy the report here.

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article. 

The medical devices pipeline data used in this article were obtained from the Medical Pipeline Products Database of GlobalData’s Medical Intelligence Center. Pipeline Products database is a comprehensive source of information on medical devices, it covers 39K products which are in development stage and intended for diagnosis, treatment, and management of diseases/conditions/symptoms directly or indirectly. The pipeline products included in the database are sourced from reliable and authenticated sources, such as company websites, SEC filings, conference presentations, analyst presentations, news releases, clinical trial registries, and grants. The information is collected by following systematic research techniques and proprietary methodology.