mobile cardiac telemetry systems market

Mobile Cardiac Telemetry Systems Market Estimated to Grow with a CAGR of 9.5% from 2019-2027

The mobile cardiac telemetry systems market is highly competitive in nature with considerable number of players, having a high level of consolidation overall revenue share. Most of the companies operating in the mobile cardiac telemetry systems market are present globally and have wide distribution and sales network through partnerships or authorized dealers.

The most notable mobile cardiac telemetry systems market participants are, Medtronic, BioTelemetry Inc., Applied Cardiac Systems, Inc, Medicomp Inc, Preventice Services, LLC, The Scottcare Corporation, Medi-Lynx (Subisidiary of Medicalgorithmics, S.A), Zoll Medical Corporation, Welch Allyn, and Telerhythmics, LLC occupying a considerable share of the market owing to their offerings to the market.

Mobile cardiac telemetry systems market leaders are involved in various organic and inorganic activities for the development of new technology and products with better efficiency and outcomes. For instance, in October 2016, BioTelemetry, Inc acquired Geneva Healthcare, Inc. which is the leading provider of remote monitoring for implantable cardiac devices.

Many well-known, as well as small local companies, are present in the market to provide diversified products to its customers. The larger firms are adopting the strategy of acquiring small firms to enhance its product portfolio and expand its footprint in different geographies. Additionally various companies are also undergoing other strategic alliances such as acquisitions and others to garner their significance and remain competitive in the market. Few on the important key developments from the industry are mentioned below:

Year News Region
2018 Medtronic discontinued marketing for its SEEQ Mobile Cardiac Telemetry (MCT) System to concentrate support on its Reveal LINQ Insertable Cardiac Monitor (ICM) System. Europe
2016 BioTelemetry, Inc acquired Geneva Healthcare, Inc. which is the leading provider of remote monitoring for implantable cardiac devices. North America
2015 Medicomp launched TelePatch, which was the latest breakthrough in the world of ECG patches. North America

 

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