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North America Mobile Cardiac Telemetry Systems Market Expected to Reach US$ 606,198.8 Mn in 2027 - Medtronic, BioTelemetry, Applied Cardiac Systems, Medicomp Inc, Preventice Services, The Scottcare, Medi-Lynx, Zoll Medical, Welch Allyn, Telerhythmics

10-07-2019 04:10 PM CET | Media & Telecommunications

Press release from: Premium Market Insights

North America Mobile Cardiac Telemetry Systems Market

North America Mobile Cardiac Telemetry Systems Market

The North America mobile cardiac telemetry systems market is expected to reach US$ 606,198.8 Mn in 2027 from US$ 218,087.2 Mn in 2018. The market is estimated to grow with a CAGR of 12.6% from 2019-2027.

The growth of the mobile cardiac telemetry systems market is primarily attributed to the benefits of monitoring patients with mobile cardiac telemetry (MCT) and rising geriatric population. However, stringent regulations for approval is likely to pose a negative impact on the market growth. On the other hand, growing medical tourism in Mexico is likely to have a positive impact on the growth of the North America mobile cardiac telemetry systems market in the coming years.

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The List of Companies-
1. Medtronic,2. BioTelemetry Inc.,3. Applied Cardiac Systems, Inc,4. Medicomp Inc,5. Preventice Services, LLC,6. The Scottcare Corporation,7. Medi-Lynx (Subisidiary Of Medicalgorithmics, S.A),,8. Zoll Medical Corporation,9. Welch Allyn,10. Telerhythmics, LLC

The rising population of the elderly people is the major cause of the heart diseases. The heart disease are mostly pone to the elderly people due to weak immunity and major other health problems. According to the United Nation's World Population Ageing 2017 report, in 2017, there are 962 million people across the globe aged 60 years or over and the number is expected to reach nearly 2.1 billion by 2050. Furthermore, US Census Bureau the number of Americans above the age of 65 and older is anticipated to grow more than double from 46 million in 2016 to above 98 million by 2060, and the 65-and-older age group's share in the world's population will grow around 24% from 15 percent. The elderly population are more prompt to have atypical presentations, comorbid conditions, and unfavorable outcomes. The major reason for the disease are related to the structural and functional changes in the cardiovascular system associated with the aging. The rising geriatric population in the region leads to rise in cardiovascular disease which is likely to grow mobile cardiac telemetry solutions market in the coming years.

In 2018, the lead based segment held a largest market share of the mobile cardiac telemetry systems market, by technology. The lead based segment is expected to dominate its market share in 2027 owing to the advantages offered by the lead based systems for monitoring the heart conditions. The patch based segment is anticipated to witness the fastest growth rate during the forecast period, 2019 to 2027 owing to the technological advancements in the medical devices that allows the clinicians to perform the patient diagnostic process without delay and it also minimizes the handling risks.

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Table of Content:
1 Introduction
1.1 Scope of Study

2 Key Takeaways

3 North America Mobile Cardiac Telemetry Systems Market Landscape
3.1 Market Overview
3.2 Market Segmentation
3.3 PEST Analysis

4 North America Mobile Cardiac Telemetry Systems Market- Key Industry Dynamics
4.1 Key Market Drivers
4.2 Key Market Restraints
4.3 Key Market Opportunities
4.4 Future Trends
4.5 Impact Analysis

5 North America Mobile Cardiac Telemetry Systems Market Analysis- Global
5.1 Global North America Mobile Cardiac Telemetry Systems Market Overview
5.2 Global North America Mobile Cardiac Telemetry Systems Market Forecasts and Analysis
5.3 Market Positioning/Market Share
5.4 Performance of Key Players
5.5 Expert Opinions North America Mobile Cardiac Telemetry Systems Market

Name: Sameer Joshi
Email: sales@premiummarketinsights.com
Organization: Premium Market Insights
Phone: +1-646-491-9876

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