Telemetry Market Top Players Shaping Industry Siemens AG, GE Healthcare, Astro-Med, Inc., Rogers Communications, Inc., Philips Healthcare, Verizon Communications, Inc., Honeywell International Inc.

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.

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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.

Among technologies, the wireless telemetry systems segment is expected to exhibit the highest growth during the forecasted period
Among technologies, the wireless telemetry systems segment is expected to exhibit the highest growth during the forecasted period. The factor attributed towards the growth of the segment includes transferring data among the devices using radio waves and satellite, and Wi-Fi, Zig bee protocol, which in turn makes it cost-effective as compare to wired technology.

Global Telemetry Market: Regional Insights

The telemetry market in North America accounted the largest market share in 2016 and expected to retain its dominance during the forecasted period, owing to rising incidence of cardiovascular disorders in this region. For instance, according to the CDC (Centre for Disease Control and Prevention) analysis, in the U.S. around 610,000 people died from heart disease every year. Therefore, increasing awareness among patients and healthcare practitioners regarding telemetry devices, in turn is expected to help in minimising death due to heart attacks by offering real-time monitoring, which in turn, helps propel growth of the regional telemetry market.

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Global Telemetry Market: Competitive Landscape

Key players operating in the global telemetry market include are 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
• Antenna

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

• Healthcare
• Energy and Power Utilities
• Retail
• Automation
• Manufacturing
• Oil & Gas
• Automotive
• Agriculture
• Aerospace & Defence
• Others (Wildlife, Hydrography, Logistics, and Oceanography)

By Region

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East
• Africa

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This release was published on openPR.