Mobile Cardiac Telemetry Systems Market Segmentation and Forecast Analysis up to 2031
Albany NY, United States: Mobile cardiac telemetry (MCT) is a cardiac monitoring method that uses a small portable device to monitor a patient's cardiac activity. MCT is a form of real-time electrocardiogram (ECG) monitoring, in which a patient wears a device that monitors his/her ECG data. The telemetry unit changes the signals into pictures of every heartbeat. The pictures are sent to a monitor and the monitor displays the picture of the heartbeat continuously. Two types of systems are used in mobile cardiac telemetry: lead-based system and patch-based system.
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Global Mobile Cardiac Telemetry Systems Market: Key Drivers and Restraints
- Increase in burden of cardiac diseases across the globe, rise in awareness about benefits of MCT devices, new product launches, and increase in adoption of mobile devices in hospitals and cardiac centers are projected to drive the global mobile cardiac telemetry systems market during the forecast period. According to data published by the World Health Organization (WHO), cardiovascular diseases account for around 17.9 million deaths every year, an estimated 32% of all deaths across the globe.
- Rise in awareness about emerging patch technology and introduction of new devices with optimized uses are the leading factors boosting the growth of the global mobile cardiac telemetry systems market. SEEQ MCT (mobile cardiac telemetry) System is an external heart monitor. It is a comfortable and lightweight device, with long-life battery.
- However, high cost of advanced devices could limit the adoption of mobile cardiovascular telemetry systems. This is anticipated to hamper the growth of the global mobile cardiovascular telemetry systems market during the forecast period.
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North America to Dominate Global Mobile Cardiac Telemetry Systems Market
- The global mobile cardiac telemetry systems market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
- North America is expected to dominate the global mobile cardiac telemetry systems market during the forecast period. In the U.S., one person dies every 36 seconds from cardiovascular disease. Around 659,000 people die from heart disease every year, which is one in every four deaths in the U.S.
- The mobile cardiac telemetry systems market in Europe is likely to grow at a rapid pace during the forecast period. According the European Society of Cardiology (ESC), over 6 million new cases of CVDs are recorded in the EU every year and more than 11 million in Europe. Cardiovascular diseases are the leading cause of death in the EU.
- The market in Asia Pacific is projected to be driven by growing obesity. According to the Statista Research Department, Asia Pacific has the largest number of overweight and obese people in the world.
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Key Players Operating in Global Mobile Cardiac Telemetry Systems Market
The global mobile cardiac telemetry systems market is competitive in nature. Major market players engage in strategic collaborations, regional expansions, and new product launches to increase market penetration. BioTelemetry, Inc. provides the most accurate remote cardiac monitors. The company makes Mobile Cardiac Outpatient Telemetry (MCOT) and is a leader in mobile cardiac telemetry and Extended Wear Holter (ePatch).
Key players operating in the global mobile cardiac telemetry systems market are:
- BioTelemetry, Inc.
- Medicomp, Inc.
- iRhythm Technologies, Inc.
- ScottCare
- Biotricity, Inc.
- Applied Cardiac Systems, Inc.
- Welch Allyn
- Preventice Solutions
- Telerhythmics LLC
- Zoll Medical Corporation
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