Mobile Cardiac Telemetry Systems Global Market Report 2023: Rising Prevalence of Cardiovascular Illness Drives Growth – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Mobile Cardiac Telemetry Systems Market by Application, by End-user, and by Region – Global Forecast to 2023-2033” report has been added to ResearchAndMarkets.com’s offering.
The mobile cardiac telemetry systems market size is estimated to be USD 947.6 million in 2022 and is expected to witness a CAGR of 14.71% during the forecast period 2023-2033.
The rising prevalence of cardiovascular illnesses and their accompanying mortality, the rise in the frequency of arrhythmia, and the gadget is also useful for detecting arrhythmogenic concerns in COVID-19 patients in the outpatient scenario are factors contributing to the market growth. However, the increasing cost of advance is expected to hinder growth.
Based on application, the market is bifurcated into patch-based, and lead-based. In 2022, the lead-based segment accounted for the highest revenue share due to lead-based MCTs being easy to use, small in weight, and hence favoured by many patients.
On the basis of end-user, the market is segregated into cardiac centers, hospitals, and others. In the global market, the hospitals segment accounted for the largest revenue share in 2022 owing to advantageous reimbursement policies, a boost in the number of minimally invasive operations performed in such facilities, and hospitals are ubiquitous and easily accessible, making them preferred to alternative services.
In 2022, North America region accounted for the highest revenue in the mobile cardiac telemetry systems market and is expected to maintain its dominance during the forecast period. This is attributed to the growing elderly population, the presence of large service providers offering enhanced healthcare solutions, the increasing frequency of heart diseases, and increasing healthcare costs. However, during the projected period, Asia Pacific is anticipated to develop at the fastest rate.
Some of the key factors influencing the growth of the Asia Pacific market include unhealthy dietary practises, because of low manufacturing prices and skilled workforce, several international corporations establishing manufacturing operations in the region, and the increasing adoption of a sedentary lifestyle, which leads to physical inactivity, is leading to the region’s growing cardiovascular morbidities.
Segmentation: Mobile Cardiac Telemetry Systems Market Report 2022 – 2033
Application (Revenue, USD Million), 2022 – 2033
End-user (Revenue, USD Million), 2022 – 2033
- Cardiac centers
By Region (Revenue, USD Million), 2022 – 2033
- Rest of Europe
- South Korea
- Rest of APAC
- Rest of LATAM
Middle East & Africa
- South Africa
- Rest of MEA
Key Topics Covered:
1. Research Methodology
2. Introduction: Mobile Cardiac Telemetry Systems
3. Executive Summary
4. Market Dynamics
5. Market Environment Analysis
6. COVID-19 Impact Analysis: Mobile Cardiac Telemetry Systems Market
7. Market Analysis by Application
8. Market Analysis by End-user
9. Regional Market Analysis
10. North America Mobile Cardiac Telemetry Systems Market
11. Europe Mobile Cardiac Telemetry Systems Market
12. Asia Pacific Mobile Cardiac Telemetry Systems Market
13. Latin America Mobile Cardiac Telemetry Systems Market
14. MEA Mobile Cardiac Telemetry Systems Market
15. Competitor Analysis
16. Company Profiles
- Applied Cardiac Systems Inc. (US)
- BioTelemetry Inc. (UK)
- Biotricity Inc. (US)
- iRhythm Technologies Inc. (US)
- Medicomp Inc. (US)
- Preventice Solutions (US)
- ScottCare (US)
- Telerhythmics LLC (US)
- Welch Allyn (US)
- Zoll Medical Corporation (US).
For more information about this report visit https://www.researchandmarkets.com/r/poomsx
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900