Wireless Ambulatory Telemetry Monitors Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

Wireless Ambulatory Telemetry Monitors Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

  • Transparency Market Research
  • Ongoing
  • Healthcare IT

Report Description

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Ambulatory telemetry is one of the type of heart monitoring. It uses portable, lightweight equipment to record the electrical activity of patient’s heart while patient can execute their daily life. Monitoring can be done for few days or several weeks. The objective is to notice if symptoms such as shortness of breath, dizziness, fainting, or chest pain are caused by a heart rhythm problem. If an in-office test like an electrocardiogram doesn’t reveal the source of patient’s symptoms, a longer test needed to monitor heart activities. Telemetry monitors have conventionally been used for monitoring one or two parameters in patients with heart problems. However, recent advancements have empowered these devices to monitor three or four parameters on average. The patient worn monitors allow for continuous monitoring of ambulatory patients in the area of coverage. Signals from this device are transmitted to a central station. At these central stations the nurses can monitor the vital signs of the patient. The wireless ambulatory telemetry is usually found in cardiac care units, stroke units, coronary care units, step up & step down units, where the ability for patients to be mobile is especially vital.

During the forecast period, the total market is expected to see moderate growth driven by a prevalent interest of unmonitored lower-acuity hospital settings to invest in patient-worn monitors. Acute care areas where telemetry is seeing increased adoption include the recovery and general care floors, where continuous monitoring helps to reduce avoidable complications, as well as critical care settings, such as the cardiac care unit (CCU). On the other hand, extensive efforts are going on to combat excess strain on hospital resources and alarm fatigue are expected to temper future growth. A wide expansion in the number of technologies that can be and are used for patient ambulatory telemetry and medical device instrument wireless are being witnessed now a days, this is anticipated to drive the wireless ambulatory telemetry monitors market growth during forecast period.

On the basis of application the global wireless ambulatory telemetry monitors market is segmented into emergency department, neuroscience unit, cardiac unit, step down unit, and others. Hospitals have revealed that telemetry systems have broad applications, to neuroscience units where ECG telemetry can be beneficial in caring for stroke patients, the emergency department where incoming patients with alleged cardiac abnormalities can be monitored without necessarily tying up a monitored bed.

The global wireless ambulatory telemetry monitors market can be segmented into five major regions: North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The wireless ambulatory telemetry monitors market is currently dominated by the North America attributed to the presence of a large number of global players domiciled in the region. Moreover, technological advancements in the wireless ambulatory telemetry monitors is also expected to boost growth during the forecast period. Similarly, Asia Pacific is expected to witness higher growth in the wireless ambulatory telemetry monitors market due to rising awareness among healthcare professionals about the need of wireless ambulatory telemetry monitors, & increasing healthcare expenditures coupled with increasing focus of global players in the countries like China and India. The market is anticipated to characteristically witness a significantly higher growth rate in countries such as Germany, Spain, U.K., Italy and France. The wireless ambulatory telemetry monitors market in Germany is well-established and developed, and for new entrants it is comparatively easy to enter in the market, making the wireless ambulatory telemetry monitors market in the country stronger than in any other European countries.

Major players operating in global wireless ambulatory telemetry monitors include Philips Healthcare, GE Healthcare, Mindray Medical International Limited, Natus Medical Incorporated, Welch Allyn, Omron Healthcare, Nihon Kohden, Spacelabs Healthcare, Nonin Medical Inc., Boston Scientific Corporation. Major players present in the wireless ambulatory telemetry monitors market are involved in technological advancement of the products and services used for patient monitoring.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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