Global Mobile Cardiac Telemetry Systems Market (2020-2025) by Technology, Type, Application, End user, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

The Global Mobile Cardiac Telemetry Systems Market is estimated to be USD 758.92 Mn in 2020 and is expected to reach USD 1.37 Bn by 2025, growing at a CAGR of 12.6%.









Market Dynamics

The global market for mobile cardiac telemetry system is being driven by factors such as Increasing Incidence of Cardiovascular Disorders, High demand due to increase in remote monitoring, and Rising awareness about benefits of MCT devices.
The market growth is hindered by High cost of advanced devices while limited reach and awareness of the products are creating challenges for the market.

Market Segmentation

The Global Mobile Cardiac Telemetry Systems Market is segmented further based on Technology, Type, Application, End User and Geography.

By Technology, the market is classified into Lead based and Patch Based.

By Application, the market is classified into Angina Pectoris, Cardiovascular Diseases, Heart Failure and Atherosclerosis.

By Type, the market is classified as single channel and multi-channel.

By End User, the market is classified as Hospitals & Clinics, Ambulatory Surgical Centers (ASCs), Specialized Clinics, Cardiac Center, Home Care Settings, Academic and Research Institutes, Independent Diagnostic Testing Facility (IDTF), and Other End-users

By Geography, Asia Pacific is expected to expand at a promising CAGR during the forecast period. The constantly improving healthcare infrastructure in the region.

Recent Developments
1. Jul-2020: Biotricity signed partnership agreement with Verizon for developing EMS solutions for First Responders by integrating its Bioflux solution. Bioflux is a high-precision, single-unit mobile cardiac telemetry (MCT) device that provides real-time monitoring and transmission of patients' ECG information. Combining the Bioflux solution into Verizon's EMS platform fulfill an unmet need for First Responders, enabling them to access critical, potentially life-saving data in real-time and respond immediately in a crisis.
2. Apr-2020: Medicomp, Inc. partnered with New York based Lenox Hill Hospital, part of the Northwell Health system. Following the partnership, Lenox Hill Hospital will be using Medicomp's TelePatch mobile cardiac telemetry (MCT) monitor for measuring the heart's electrical conduction for abnormalities in patients that have been prescribed certain medications in the treatment of COVID-19.
3. Apr-2020: G Medical Innovations Holdings got FDA approval for its Prizma medical smartphone case. Prizma has been allowing consumers to turn their smartphone into a mobile medical monitor to measure a range of vital signs including temperature, heart rate, stress levels and blood oxygen saturation which can be used to detect symptoms associated with infection and chronic illness.

Company Profiles

Some of the companies covered in this report are Hitachi, Siemens Healthineers, Canon Medical Systems, GE Healthcare, Philips, Aspect Imaging, Bruker, Aurora Imaging Technology, Esaote S.P.A, Fonar, Neusoft Medical Systems, Shenzhen Mindray Bio-Medical Electronics, etc.

Competitive Quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Mobile Cardiac Telemetry Systems Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes in-depth market analysis using Porter’s 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.
• The report also contains the competitive analysis using the Competitive Quadrant, the analyst's proprietary competitive positioning tool.

Report Highlights:

• A complete analysis of the market, including parent industry
• Important market dynamics and trends
• Market segmentation
• Historical, current, and projected size of the market based on value and volume
• Market shares and strategies of key players
• Recommendations to companies for strengthening their foothold in the market