Mobile Cardiac Telemetry Systems Market Report, Size, Share, Growth, Trends, Forecast to 2033

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The new report published by The Business Research Company, titled Mobile Cardiac Telemetry Systems Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the mobile cardiac telemetry systems market size has grown rapidly in recent years. It will grow from $0.88 billion in 2023 to $0.97 billion in 2024 at a compound annual growth rate (CAGR) of 10.1%. The mobile cardiac telemetry systems market size is expected to see rapid growth in the next few years. It will grow to $1.43 billion in 2028 at a compound annual growth rate (CAGR) of 10.2%.

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What Is Driving The Growth Of The Global Mobile Cardiac Telemetry Systems Market?

Rising Cardiovascular Disease Incidence Drives Growth In Mobile Cardiac Telemetry Systems Market
The growing incidence of cardiovascular disease is expected to propel the growth of the mobile cardiac telemetry systems market going forward. Cardiovascular diseases are a group of diseases that affect the heart and blood vessels, including conditions such as coronary artery disease, heart failure, arrhythmias, and hypertension, which can lead to serious health complications like heart attacks, strokes, and other cardiovascular events. The rate of cardiovascular disease is rising due to the increasing prevalence of risk factors such as sedentary lifestyles, poor diets, obesity, and aging populations. Mobile cardiac telemetry systems enable continuous, real-time monitoring and early detection of cardiac arrhythmias in patients with cardiovascular disease. For instance, in January 2024, according to the American Heart Association, a US-based nonprofit organization, there was a slight increase in the total number of deaths in the cardiovascular sector this year, reaching 931,578, a marginal rise of 3,000 fatalities compared to the previous year's figure of 928,741. Therefore, the growing incidence of cardiovascular disease is driving the growth of the mobile cardiac telemetry systems market.

What Is The Key Trend In The Global Mobile Cardiac Telemetry Systems Market?

Innovative Real-Time Monitoring Telemetry Devices
Major companies operating in the mobile cardiac telemetry systems market are increasing their focus on developing innovative solutions, such as real-time monitoring telemetry devices, to gain a competitive edge in the market. Real-time monitoring telemetry devices are systems designed to collect, transmit, and analyze data from a remote source continuously and immediately. For instance, in May 2021, VitalConnect Inc., a US-based provider of wearable biosensor technology, launched its VitalPatch RTM mobile cardiac telemetry (MCT) solution, positioning itself uniquely in the cardiac monitoring market. This advanced platform integrates multiple cardiac monitoring capabilities, allowing for continuous, real-time detection of cardiac arrhythmias while simultaneously measuring key physiological parameters such as heart rate, respiratory rate, and activity levels. The VitalPatch RTM uses a wireless Bluetooth connection to transmit high-fidelity ECG signals to the secure VitalCloud, enabling healthcare professionals to access real-time patient information analyzed by certified cardiac monitoring technicians.

How Is The Global Mobile Cardiac Telemetry Systems Market Segmented?
The mobile cardiac telemetry systems market covered in this report is segmented -

1) By Product Type: Multiple Lead Mobile Cardiac Telemetry Systems, Mobile Cardiac Telemetry Patch
2) By Diseases: Cardiovascular Diseases, Angina Pectoris, Atherosclerosis, Heart Failure, Other Diseases
3) By End-Use: Hospitals, Cardiac Centres, Home Care Settings, Other End-Uses

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How Is The Competitive Landscape Of The Global Mobile Cardiac Telemetry Systems Market?
Major companies operating in the mobile cardiac telemetry systems market are Medtronic PLC, Philips Healthcare, Boston Scientific Corporation, Biotricity Inc., Zoll Medical Corporation, Spacelabs Healthcare, iRhythm Technologies Inc., Infobionic Inc., Reactdx, Medicomp Inc., Applied Cardiac Systems Inc., Bardy Diagnostics Inc. (a Hillrom company), Medicalgorithmics S.A., ScottCare Corporation, Ambucor Health Solutions Inc., Biotricity Inc., Vitaphone GmbH, Telerhythmics LLC, Card Guard, Heart Test Laboratories Inc.

Contents Of The Global Mobile Cardiac Telemetry Systems Market
1. Executive Summary
2. Mobile Cardiac Telemetry Systems Market Report Structure
3. Mobile Cardiac Telemetry Systems Market Trends And Strategies
4. Mobile Cardiac Telemetry Systems Market - Macro Economic Scenario
5. Mobile Cardiac Telemetry Systems Market Size And Growth
…..
27. Mobile Cardiac Telemetry Systems Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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