Mobile Cardiac Telemetry Systems Market Size Worth $1.4 Billion By 2026 - KBV Research

NEW YORK - Sept. 22, 2020 - PRLog -- According to a new report Global Mobile Cardiac Telemetry Systems Market, published by KBV research, The Global Mobile Cardiac Telemetry Systems Market size is expected to reach $1.4 billion by 2026, rising at a market growth of 11.3% CAGR during the forecast period.

The lead-based segment accounted for the largest dominant revenue share in the mobile cardiac telemetry systems market as lead-based MCTs are light weighted, user-friendly, and therefore preferred among several patients. The patch-based segment is anticipated to witness lucrative growth over the forecast period. Patch-based Continuous Cardiac Rhythm Monitoring (CCRM) has emerged as a useful clinical tool for the quantification and surveillance of bradyarrhythmia and tachyarrhythmia in outpatient settings.

The hospital segment dominated the market with a substantial market share. The growth of this segment can be associated with a rise in the amount of minimally invasive surgeries in these facilities. The Cardiac Center segment is predicted to see the fastest growth in the projected period. Growth is mainly attributed to an increase in the number of cardiac centers and the easy availability of surgeons within these facilities.

North America dominated the market for mobile cardiac telemetry. This growth is attributable to multiple factors like the increasing geriatric population, the prevalence of cardiac disorders, and rising healthcare costs. The Asia Pacific is expected to show lucrative growth over the forecast period. Factors such as dietary habits and the increasing adoption of sedentary lifestyles leading to physical inactivity contribute to increased cardiovascular morbidity in the region.

Global Mobile Cardiac Telemetry Systems Market Segmentation

By Application

• Lead based
• Patch Based

By End-User

• Hospitals
• Cardiac centers
• Other End-user

By Geography

North America

• US
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific

LAMEA

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Companies Profiled

• Hill-Rom Holdings, Inc. (Welch Allyn)
• Asahi Kasei Corporation (Zoll Medical Corporation)
• ScottCare Corporation (Berkshire Hathway, Inc.)
• iRhythm Technologies, Inc.
• Biotricity, Inc.
• G Medical Innovations Holdings Ltd. (Telerhythmics LLC)
• BioTelemetry, Inc.
• Applied Cardiac Systems, Inc.
• Medicomp, Inc.
• Preventice Solutions, Inc.
Structural Insights: https://www.kbvresearch.com/mobile-cardiac-telemetry-systems-market/