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Telemetry Market Set to Witness Steady Growth through (2018-2026)

08-17-2018 03:04 PM CET | IT, New Media & Software

Press release from: CMI - Information and Communication Technology

Telemetry Market

Telemetry Market

Telemetry is an automated communications process in which information is collected from the remote terminals and then transmitted to the receiving points to be monitored and analysed. This data is transmitted through ultrasonic, audio, infrared, GSM, and satellite that depends on its area of application. Increasing demand for data access from remote locations in order to maintain centralized database of the organisations, which in turn, helps organizations make better decisions, and save time as well as resources. These factors are expected to witness lucrative growth of the market during the forecast period.

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Proliferation of telemetry device in the healthcare sector is one of the major factors driving growth of the market

The major factor attributed towards growth of the telemetry market is the increasing adoption of these devices in the healthcare sector for monitoring cardiac abnormalities. Rising prevalence of cardiovascular diseases and increasing mortality due to such diseases across the globe is boosting demand for telemetry devices. For instance, according to the American Heart Association, in the U.S., in 2015, people suffering from cardiovascular disease was 84 million and it has grown up to 86 million in 2017. This telemetry device evaluates the electrical impulses generated by the polarization and depolarization of cardiac tissue and translates them into waveform. This ultimately helps physicians to diagnose cardiac abnormalities along with size and position of chambers. Telemetry devices are thus highly useful for addressing requirements of patients who are highly susceptible to cardiac disorders.

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Key Vendors of Telemetry Market: Siemens AG, GE Healthcare, Astro-Med, Inc., Rogers Communications, Inc., Philips Healthcare, Verizon Communications, Inc., Honeywell International Inc., Biotelemetry, Inc., L-3 Communications Holdings Inc., and Sierra Wireless, Inc.

Global Telemetry Market: Taxonomy

By Component

Telemetry Transmitter
Telemetry Receiver

By Technology

Wire-Link Telemetry
Wireless Telemetry Systems
Microwave Telemetry
Data Loggers
Acoustic Telemetry
Digital Telemetry

By Sensor

Vehicle Dynamics Sensors
Position Sensors
Load Cell Sensors
Displacement Sensors
GPS Sensors
Magnetic Rpm Sensors
Optical Rpm Sensors
Phasor Sensors
Pressure Sensors
Temperature Sensors
Vibration Sensors
Weather Prediction Sensors
Current/Voltage Sensors
Resistance Sensors

By Application

Energy and Power Utilities
Oil & Gas
Aerospace & Defence
Others (Wildlife, Hydrography, Logistics, and Oceanography)

By Region

North America
Latin America
Middle East

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About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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Mr. Shah
Coherent Market Insights
1001 4th Ave,
Seattle, WA 98154
Tel: +1-206-701-6702

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