Mobile Cardiac Telemetry Systems Market Size Worth $1.58 Billion by 2027: Grand View Research, Inc.

Mobile Cardiac Telemetry Systems Market Size Worth $1.58 Billion by 2027: Grand View Research, Inc.

PR Newswire

SAN FRANCISCO, July 22, 2020

SAN FRANCISCO, July 22, 2020 /PRNewswire/ --The global mobile cardiac telemetry systems market size is expected to reach USD 1.58 billion by 2027, registering a CAGR of 11.3% during the forecast period, according to a new report by Grand View Research, Inc. Increasing prevalence of cardiovascular disorder, need for effective arrhythmia management, and technological advancement in telemetry devices are driving the market growth.

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Key suggestions from the report:

Read 120 page research report with TOC on "Mobile Cardiac Telemetry Systems Market Size, Share & Trends Analysis Report By Application (Lead-based, Patch-based), By End Use (Hospitals, Cardiac Centers), By Region, And Segment Forecasts, 2020 - 2027" at: https://www.grandviewresearch.com/industry-analysis/mobile-cardiac-telemetry-systems-market

Increasing demand for real-time cardiac monitoring and self-care management are boosting the demand for mobile cardiac telemetry devices. In addition, presence of advanced healthcare infrastructure, high disposable income in the developed countries is further propelling the revenue. Moreover, these devices found to be helpful in monitoring COVID-19 patients taking azithromycin and hydroxychloroquine medication which is expected to boost the market revenue. The market is technology driven and the key industry players are continuously trying to develop user friendly devices to sustain their market share.

In April 2020, Medicomp, Inc. partnered with the Lenox Hill Hospital to monitor heart's electrical conduction of COVID-19 patients with certain medication by its TelePatch- Mobile Cardiac Telemetry (MCT), which is expected to increase the adoption of this device in the forthcoming years

Grand View Research has segmented the global mobile cardiac telemetry systems market on the basis of application, end-use, and region:

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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