The global cardiac telemetry systems market is estimated to reach the USD 1.70 Billion by 2028, at a CAGR of 11.3% during the forecast period from 2021 to 2028. Cardiac monitoring is the continuous monitoring of the heart's activity using electrocardiography techniques to comprehend the rhythm of the heart and discover irregularities in the heart's functioning. Cardiac monitoring is an important aspect of health-care diagnostics since it allows doctors to understand numerous bodily processes by carefully evaluating the heart's rhythm. Remote cardiac telemetry is one of the most recent advancements in cardiac monitoring, allowing direct supervision of patients who are located far away from clinicians.
Adroit Market Research report on global cardiac telemetry systems market gives a holistic view of the market from 2018-2028, which includes factors such as market drivers, restraints, opportunities and challenges. The market has been studied for historic years from 2018-2019, with the base year of estimation as 2019 and forecast from 2021 to 2028. The report covers the current status and future traits of the market at global as well as country level. In addition, the study also assesses the market based on Porter's five forces analysis and positions the key players based on their product portfolio, geographic footprint, strategic initiatives and overall revenue. Prominent players operating in the global cardiac telemetry systems market have been studied in detail.
The major players operating in the global market include BioTelemetry, Inc., ScottCare, Biotricity Inc., Welch Allyn, Applied Cardiac Systems Inc., Medicomp Inc., Preventice Solutions, Telerhythmics LLC, Zoll Medical Corporation, iRhythm Technologies, Inc., and many more.
The availability of improved healthcare infrastructure and high disposable income in developed countries is boosting revenue. Furthermore, these devices were discovered to be useful in monitoring COVID-19 patients who were receiving azithromycin and hydroxychloroquine medicine, which is projected to raise market revenue. The market is technologically driven, and leading industry players are always striving to produce user-friendly gadgets in order to maintain their market dominance.
Key Segments of the Global Cardiac Telemetry Systems Market
Type Overview, 2018-2028 (USD Million)
- Lead based
- Patch Based
End use Overview, 2018-2028 (USD Million)
- Cardiac centers
Regional Overview, 2018-2028 (USD Million)
- North America
- United Kingdom
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa