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Global Mobile Cardiac Telemetry System Market: By Technology: Lead Based, Patch Based; By End Use: Hospitals, Clinics, Ambulatory Surgical Centres; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis; Porter’s Five Forces Analysis; Competitive Landscape; Industry Events and Developments
Global Mobile Cardiac Telemetry System Market Outlook
The global mobile cardiac telemetry system market is expected to increase by USD 281.02 million during the forecast period of 2022-2027 at CAGR of nearly 10%.
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The mobile cardiac telemetry system market is being driven by the burgeoning cases of cardiovascular diseases along with increasing demand for wearable products for real-time patient monitoring, globally.
Market Segmentation
Mobile cardiac telemetry (MCT) is used for cardiac monitoring, which further collects data and interprets patient’s heart rhythm to provide necessary information based on algorithms. The mobile cardiac telemetry system takes ECG samples periodically throughout the day to achieve its goal and further provides long term monitoring.
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On the basis of technology, the market can be broadly categorised into lead-based system and patch-based system.
The mobile cardiac telemetry system market can be broadly divided on the basis of its end-use segments into:
- Hospitals
- Clinics
- Ambulatory Surgical Centres
The EMR report looks into the regional mobile cardiac telemetry system markets like North America, Latin America, Europe, Middle East and Africa, and Asia Pacific.
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Market Analysis
The global mobile cardiac telemetry system is being driven by the increasing prevalence of cardiovascular diseases around the world, as it can diagnose heart rhythm disorders and can detect an auto-triggered cardiac event. The rising penetration of internet along with increasing demand for wearable products, like smart watches and fitness bands, is providing a further boost to the market. Moreover, the governments are taking measures to raise awareness among people regarding the equipments that can monitor cardiac diseases, which also aids the market. In 2018, the lead-based system accounted for the majority of the market share. North America leads the mobile cardiac telemetry system market, owing to the availability of reimbursement policies for treating cardiac conditions along with the increased focus on R&D sector in the region.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global mobile cardiac telemetry system market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Medicomp Inc.
- BioTelemetry Inc. (NASDAQ: BEAT)
- Telerhythmics, LLC
- Preventice Solutions, Inc.
- Hill-Rom Holdings Inc. (NYSE: HRC)
- Asahi Kasei Corporation
- Others
The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s five forces.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Technology, End Use, Region |
| Breakup by Technology | Lead Based, Patch Based |
| Breakup by End Use | Hospitals, Clinics, Ambulatory Surgical Centres |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered |
Medicomp Inc., BioTelemetry Inc., Telerhythmics, LLC , Preventice Solutions, Inc., Hill-Rom Holdings Inc., Asahi Kasei Corporation, Others. |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Mobile Cardiac Telemetry System Market Analysis
8.1 Key Industry Highlights
8.2 Global Mobile Cardiac Telemetry System Historical Market (2017-2021)
8.3 Global Mobile Cardiac Telemetry System Market Forecast (2022-2027)
8.4 Global Mobile Cardiac Telemetry System Market by Technology
8.4.1 Lead Based
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Patch Based
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.5 Global Mobile Cardiac Telemetry System Market by End-use
8.5.1 Hospitals
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Clinics
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Ambulatory Surgical Centres
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.6 Global Mobile Cardiac Telemetry System Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Medicomp Inc.
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 BioTelemetry Inc.
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Telerhythmics, LLC
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Preventice Solutions, Inc.
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Hill-Rom Services, Inc.
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Asahi Kasei Corporation
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Mobile Cardiac Telemetry System Market: Key Industry Highlights, 2016 and 2026
2. Global Mobile Cardiac Telemetry System Historical Market: Breakup by Technology (USD Million), 2017-2021
3. Global Mobile Cardiac Telemetry System Market Forecast: Breakup by Technology (USD Million), 2022-2027
4. Global Mobile Cardiac Telemetry System Historical Market: Breakup by End-use (USD Million), 2017-2021
5. Global Mobile Cardiac Telemetry System Market Forecast: Breakup by End-use (USD Million), 2022-2027
6. Global Mobile Cardiac Telemetry System Historical Market: Breakup by Region (USD Million), 2017-2021
7. Global Mobile Cardiac Telemetry System Market Forecast: Breakup by Region (USD Million), 2022-2027
8. North America Mobile Cardiac Telemetry System Historical Market: Breakup by Country (USD Million), 2017-2021
9. North America Mobile Cardiac Telemetry System Market Forecast: Breakup by Country (USD Million), 2022-2027
10. Europe Mobile Cardiac Telemetry System Historical Market: Breakup by Country (USD Million), 2017-2021
11. Europe Mobile Cardiac Telemetry System Market Forecast: Breakup by Country (USD Million), 2022-2027
12. Asia Pacific Mobile Cardiac Telemetry System Historical Market: Breakup by Country (USD Million), 2017-2021
13. Asia Pacific Mobile Cardiac Telemetry System Market Forecast: Breakup by Country (USD Million), 2022-2027
14. Latin America Mobile Cardiac Telemetry System Historical Market: Breakup by Country (USD Million), 2017-2021
15. Latin America Mobile Cardiac Telemetry System Market Forecast: Breakup by Country (USD Million), 2022-2027
16. Middle East and Africa Mobile Cardiac Telemetry System Historical Market: Breakup by Country (USD Million), 2017-2021
17. Middle East and Africa Mobile Cardiac Telemetry System Market Forecast: Breakup by Country (USD Million), 2022-2027
18. Global Mobile Cardiac Telemetry System Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 10% between 2021 and 2026.
The major drivers of the industry, such as the growing demand for real-time patient monitoring, rising disposable incomes, increasing health awareness, rising demand from the developing regions, improving reimbursement policies, increasing prevalence of cardiovascular diseases, and the growing technological advancements, are expected to aid the market growth.
The key market trends guiding the growth of the industry include the launch advanced wearable healthcare products like smart watches, and growing R&D activities.
What are the major regional markets of mobile cardiac telemetry system, according to the EMR report?
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with North America accounting for the largest share in the market.
Lead-based system is the leading mobile cardiac telemetry system technology in the industry.
The major end-use sectors of the product include hospitals, clinics, and ambulatory surgical centres.
The major players in the industry are Medicomp Inc., BioTelemetry Inc., Telerhythmics, LLC, Preventice Solutions, Inc., Hill-Rom Holdings Inc., Asahi Kasei Corporation, Others.
Analyst Review
The global mobile cardiac telemetry system market is being driven by the rising prevalence of cardiac disorders and the growing consciousness regarding health. Aided by the growing investment in R&D activities, the market is expected to witness a robust growth in the forecast period of 2022-2027, growing at a CAGR of 10%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on technology, the lead-based system accounts for the leading share in the mobile cardiac telemetry system industry. On the basis of end-use, the industry is divided into hospitals, clinics, and ambulatory surgical centres. The major regional markets for mobile cardiac telemetry system are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America accounting for the largest share of the market. The key players in the above market include Medicomp Inc., BioTelemetry Inc., Telerhythmics, LLC, Preventice Solutions, Inc., Hill-Rom Holdings Inc., Asahi Kasei Corporation, Others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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