ECG Telemetry Devices Market Size, Share, Industry Trends and Forecast 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “ECG Telemetry Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028. The report offers a comprehensive analysis of the industry, which comprises insights on the global ECG telemetry devices market size. The global ECG telemetry devices market size reached US$ 5.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.7 Billion by 2028, exhibiting a growth rate (CAGR) of 8.2% during 2023-2028.
Electrocardiogram (ECG) telemetry devices are portable medical instruments that monitor and record the heart activity of individuals remotely. They are equipped with sensors that detect the electrical impulses generated by the heart and transmit this data wirelessly to a receiving unit or a healthcare facility for analysis. They can continuously track the heart rate of the patient, rhythm, and any irregularities or abnormalities in the electrical patterns of the heart. They are commonly used in hospitals, clinics, and remote patient monitoring (RPM) settings.
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ECG Telemetry Devices Market Trends and Drivers:
There is a surge in the prevalence of cardiovascular diseases that necessitates constant monitoring of people. Along with this, the rising number of older adults, who are more prone to cardiac issues, represents one of the primary factors driving the demand for ECG telemetry devices around the world. In addition, the increasing adoption of telehealth and RPM solutions is catalyzing the integration of ECG telemetry devices into healthcare systems for distant patient management. Apart from this, the growing use of ECG telemetry devices in the diagnosis and treatment of arrhythmia to offer information about fluctuations in the rhythm of the heart that allows doctors to take required actions is creating a positive outlook for the market.
Competitive Landscape with Key Player:
- Aerotel Medical Systems (1998) Ltd.
- Compumed Inc.
- Hill-Rom Holdings Inc. (Baxter International Inc.)
- iRhythm Technologies Inc.
- Koninklijke Philips N.V.
- Medicalgorithmics S.A.
- Medtronic plc
- Nihon Kohden Corporation
- Preventice Solutions Inc. (Boston Scientific Corporation)
- ScottCare Cardiovascular Solutions
- Shenzhen Mindray Bio-Medical Electronics Co. Ltd.
- ZOLL Medical Corporation (Asahi Kasei Corporation).
ECG Telemetry Devices Market Report Segmentation:
Breakup by Product:
- Event Monitoring and MCT (Mobile Cardiac Telemetry)
- Others
Breakup by Application:
- Arrhythmias
- Myocardial Ischemia and Infarction
- Pacemaker Monitoring
- Others
Breakup by End User:
- Hospitals
- Home Healthcare
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
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