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Mobile Cardiac Telemetry Systems Market Analysis

  • Report ID: GMI9376
  • Published Date: May 2024
  • Report Format: PDF

Mobile Cardiac Telemetry Systems Market Analysis

Based on product type, the market is bifurcated into lead-based and patch-based. The lead-based segment is estimated to account for USD 1.9 billion by the end of 2032.
 

  • Lead-based MCT systems are widely accepted in clinical practice and have been extensively studied and validated in various patient populations. Clinicians prefer these systems for their proven accuracy, reliability, and effectiveness in detecting cardiac abnormalities, including arrhythmias and ischemic events.
     
  • These systems typically employ multiple leads attached to the patient's chest to capture cardiac activity from different angles and perspectives. This multi-lead configuration allows for comprehensive monitoring of the heart's electrical activity, enhancing diagnostic precision and the detection of subtle abnormalities.
     
  • Additionally, lead-based systems typically employ standard adhesive electrodes that stick to the patient's skin, making it simple and dependable to attach them without the need for specialized equipment or training. This compatibility with standard electrodes streamlines the setup procedure for healthcare providers and improves patient comfort throughout the monitoring process.
     
  • They can be tailored to meet the specific monitoring needs of patients with diverse cardiovascular diseases, supporting personalized care and treatment planning. Also, the relatively lower upfront costs and maintenance requirements of lead-based systems make them an attractive option for healthcare providers seeking efficient cardiac monitoring solutions, thereby leading the segmental growth.
     
Mobile Cardiac Telemetry Systems Market, By Indication (2023)

Based on indication, the mobile cardiac telemetry systems market is divided into angina pectoris, coronary artery disease, atherosclerosis, heart failure, stroke, and other indications. The angina pectoris segment accounted for USD 314.7 million in 2023.
 

  • Angina pectoris is one of the leading causes of morbidity and mortality globally, thus there is a considerable patient population experiencing angina symptoms who could benefit from continuous cardiac monitoring.
     
  • For instance, according to the National Library of Medicine, in 2024, the prevalence of angina pectoris in the world in ranged from about 2% to 7%. Similarly, as per the same report there were 2,806,500 cases of angina pectoris in China in 2023.
     
  • Angina is an important indicator and a marker of increased cardiovascular risk. Continuous monitoring with MCT systems can help healthcare providers assess the frequency, severity, and triggers of angina episodes, allowing for risk stratification and personalized treatment interventions to prevent adverse cardiac events such as myocardial infarction or sudden cardiac death.
     
  • Diagnosing angina can be challenging particularly in cases where symptoms are atypical or occur infrequently. Thus, MCT systems offer continuous ECG monitoring, enabling the capture of transient ischemic changes or arrhythmias associated with angina episodes that may be missed with traditional diagnostic approaches such as stress tests equipment or Holter ECG.
     
  • Thus, such aforementioned factors are expected to augment the segmental growth.
     

Based on end-use, the mobile cardiac telemetry systems market is segmented into hospitals, specialty clinics, diagnostic centers, homecare settings, and other end-users. The hospitals segment held a market share of 47.7% in the year 2023.
 

  • Hospitals often serve patients with complex cardiac conditions who require continuous monitoring and specialized care. MCT systems are particularly valuable in hospital settings for monitoring patients with acute cardiac events, post-surgical recovery, or those admitted to intensive care units (ICUs) where close cardiac monitoring is essential for timely intervention.
     
  • These settings offer a wide range of diagnostic and therapeutic services for patients with cardiovascular diseases including cardiac catheterization, electrophysiology studies, and cardiac surgery. MCT systems complement these services by providing continuous cardiac monitoring before, during, and after procedures, facilitating comprehensive patient care and optimizing treatment outcomes.
     
  • Hospitals utilize MCT systems for inpatient monitoring of cardiac patients admitted for various reasons such as chest pain, arrhythmias, heart failure exacerbation, or myocardial infarction. Continuous monitoring with MCT systems allows healthcare providers to assess the patient's cardiac status in real-time, detect changes or complications early, and adjust treatment accordingly.
     
  • Moreover, hospitals typically have the infrastructure, resources, and expertise necessary to implement and support MCT systems effectively. This includes access to trained cardiac monitoring technicians, healthcare professionals specialized in cardiology, and support staff familiar with the use of MCT technology.
     
North America Mobile Cardiac Telemetry Systems Market, 2021 – 2032  (USD Million)

U.S. mobile cardiac telemetry systems market is anticipated to grow at CAGR of 11.7% during the analysis timeframe.
 

  • The country has a high prevalence of cardiovascular diseases, including coronary artery disease, arrhythmias, heart failure, and hypertension. These conditions contribute to a significant patient population in need of continuous cardiac monitoring, driving demand for MCT systems.
     
  • For instance, according to the Centers for Disease Control and Prevention (CDCP), in 2022, about 6.2 million adults in the U.S. have heart failure.
     

Germany mobile cardiac telemetry systems market is anticipated to witness lucrative growth between 2024 – 2032.
 

  • Germany is known for its advanced healthcare infrastructure, which includes modern hospitals, medical clinics, and research institutions.
     
  • The country has a well-developed healthcare system that emphasizes quality care and patient outcomes, providing a conducive environment for the adoption and utilization of innovative medical technologies like MCT systems.
     

Japan mobile cardiac telemetry systems market is expected to grow significantly over the years.
 

  • The country has one of the world's most rapidly aging populations, with a significant proportion of elderly individuals who are at higher risk of cardiovascular diseases. For instance, according to statistics, in 2023, more than 1 in 10 people in Japan are aged 80 or older. National data also shows 29.1% of the 125 million population is aged 65 or older.
     
  • Further, continuous cardiac monitoring with MCT systems is particularly relevant in Japan, where there is a growing demand for innovative healthcare solutions to address the healthcare needs of an aging society.
     

UAE mobile cardiac telemetry systems market is anticipated to witness lucrative growth between 2024 – 2032.
 

  • UAE places a strong emphasis on technological innovation and digital transformation across various sectors, including healthcare.
     
  • The government has launched initiatives to promote innovation and research in healthcare technology, encouraging the adoption of advanced medical devices and solutions like MCT systems to enhance patient care and outcomes.
     
Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Mobile cardiac telemetry (MCT) systems market size was valued at USD 1.1 billion in 2023 and is estimated to grow at 12.1% CAGR from 2024 to 2032, driven by growing aging population.

Lead-based mobile cardiac telemetry (MCT) market is estimated to account for USD 1.9 billion in revenue by the end of 2032, owing to their wide accepted in clinical practice.

U.S. mobile cardiac telemetry systems market is anticipated to grow at 11.7% CAGR during 2024 to 2032 owing to a high prevalence of cardiovascular diseases.

ACS Diagnostics, Baxter International Inc., BIOTRICITY INC., Boston Scientific Cardiac Diagnostics Inc., iRhythm Technologies, Inc., Koninklijke Philips N.V., Medicomp Systems, ScottCare Cardiovascular Solutions, Telerhythmics LLC, and Zoll Medical Corporation among others.

Mobile Cardiac Telemetry Systems Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 191
  • Countries covered: 23
  • Pages: 105
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