Asia Pacific Mobile Cardiac Telemetry Systems Market Growth and Recent Trends by 2027
Asia Pacific Mobile Cardiac Telemetry Systems Market to 2027 - Regional Analysis and Forecasts by Technology (Lead Based, Patch Based); End User (Hospitals, Ambulatory Surgical Centres, Cardiac Centres), and Country
- Report Date : Sep 2019
- Report Code : TIPRE00006668
- Category : Life Sciences
- Status : Published
- Available Report Formats :
- No. of Pages : 109
The Asia Pacific mobile cardiac telemetry systems market is expected to reach US$ 279,903.0 Mn in 2027 from US$ 105,527.9 Mn in 2018. The market is estimated to grow with a CAGR of 12.1% from 2019-2027.
The growth of the market is driven by the factors such as, growing ageing population in Asia Pacific and sedentary lifestyle in Asia Pacific. However, the market is likely to slower down its growth due to the lack of cardiac centers in poor countries in Asia Pacific in the region.
The high growth of the market is anticipated on account of the rising global geriatric population. In both males as well as females, the risk of cardiovascular diseases increases with increase in age. Increasing age makes the blood vessels less flexible and reduction in blood flow. Thus, the risk of heart disease is high in elder population. Also, according to the Heart Disease and Stroke Statistics 2018, average age at the first heart attack is 65.6 years for males and 72.0 years for females. According to a report of United Nation (2017), in Asia approximately 549.2 million people were 60 years old or more and is estimated to reach 1273.2 million by 2050. Furthermore, the United Nations Population Fund also reported that the number of ageing people in the Asia-Pacific region is growing at an unprecedented rate. It also predicted that by 2050, one in four people in Asia Pacific region will be over 60 years old.
Japan is expected to lead the market in the Asia Pacific region owing to the rise in the medial technology and availability of the medical devices for the medical conditions. Additionally, Japan has developed significant growth rates for the heart diseases as it is seen in the other countries such as US and UK. Therefore, considering the above mentioned factors the growth of the market in the country is likely to contribute largest share in the Asia Pacific region during the forecast period.
Rest of Asia Pacific Mobile Cardiac Telemetry Systems Market Revenue and Forecasts to 2027
(US$ Mn)
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(US$ Mn)
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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ASIA PACIFIC MOBILE CARDIAC TELEMETRY SYSTEMS – MARKET SEGMENTATION
By Technology
- Lead Based
- Patch Based
By End User
- Hospitals
- Ambulatory Surgical Centres
- Cardiac Centres
By Geography
Asia Pacific
- US
- Canada
- Mexico
Company Profiles
- 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
- Telerhythmics, LLC
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Technology, End User, and Country
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Australia, China, Japan, South Korea
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
2. Asia Pacific Mobile Cardiac Telemetry Systems Market – Key Takeaways
3. Asia Pacific Mobile Cardiac Telemetry Systems Market – Market Landscape
3.1 Overview
3.2 Market Segmentation
3.2.1 Asia Pacific Mobile Cardiac Telemetry Systems Market – By Technology
3.2.2 Asia Pacific Mobile Cardiac Telemetry Systems Market – By End User
3.2.3 Asia Pacific Mobile Cardiac Telemetry Systems Market – By Country
3.3 PEST Analysis
4. Asia Pacific Mobile Cardiac Telemetry Systems Market - Key Market Dynamics
4.1 Key Market Drivers
4.1.1 Growing Ageing Population in Asia Pacific
4.1.2 Sedentary Lifestyle in Asia Pacific
4.2 Key Market Restraints
4.2.1 Lack of Cardiac Centers In Poor Countries in Asia Pacific
4.3 Key Market Opportunities
4.3.1 Growing Medical Tourism In Mexico
4.4 Future Trends
4.4.1 Recent Product Developments
4.5 Impact Analysis
5. Mobile Cardiac Telemetry Systems Market – Asia Pacific Analysis
5.1 Asia Pacific Mobile Cardiac Telemetry Systems Market Revenue Forecasts And Analysis
5.2 Market Positioning
5.2.1 Welch Allyn
5.2.2 BioTelemetry, Inc.
6. Asia Pacific Mobile Cardiac Telemetry Systems Market Analysis – By Technology
6.1 Overview
6.2 Asia Pacific Mobile Cardiac Telemetry Systems Market By Technology, 2018 & 2027 (%)
6.3 Asia Pacific Mobile Cardiac Telemetry Systems Market Revenue And Forecasts to 2027, By Technology (US$ Mn)
6.4 Lead Based Market
6.4.1 Overview
6.4.2 Asia Pacific Lead Based Market Revenue and Forecast to 2027 (US$ Mn)
6.5 Patch Based Market
6.5.1 Overview
6.5.2 Asia Pacific Patch Based Market Revenue and Forecast to 2027 (US$ Mn)
7. Asia Pacific Mobile Cardiac Telemetry Systems Market Analysis – By End User
7.1 Overview
7.2 Asia Pacific Mobile Cardiac Telemetry Systems Market, By End User, 2018 & 2027 (%)
7.3 Asia Pacific Mobile Cardiac Telemetry Systems Market Revenue And Forecasts to 2027, By End User (US$ Mn)
7.4 Hospitals
7.4.1 Overview
7.4.2 Asia Pacific Hospitals Market Revenue and Forecasts to 2027 (US$ Mn)
7.5 Cardiac Centres
7.5.1 Overview
7.5.2 Asia Pacific Cardiac Centres Market Revenue and Forecasts to 2027 (US$ Mn)
7.6 Ambulatory surgical Centres
7.6.1 Overview
7.6.2 Asia Pacific Ambulatory Surgical Centres Market Revenue and Forecasts to 2027 (US$ Mn)
8. Asia Pacific Mobile Cardiac Telemetry Systems Market Revenue and Forecasts To 2027
8.1 Overview
8.2 Asia Pacific Mobile Cardiac Telemetry Systems Market Revenue And Forecasts to 2027 (US$ Mn)
8.3 Asia Pacific Mobile Cardiac Telemetry Systems Market Revenue And Forecasts to 2027, By Technology (US$ Mn)
8.4 Asia Pacific Mobile Cardiac Telemetry Systems Market Revenue And Forecasts to 2027, By End User (US$ Mn)
8.5 Asia Pacific Mobile Cardiac Telemetry Systems Market Revenue and Forecasts to 2027, By Country (%)
8.6 China Mobile Cardiac Telemetry Systems Market Revenue and Forecasts To 2027 (US$ Mn)
8.6.1 China Mobile Cardiac Telemetry Systems Market Revenue and Forecasts to 2027 (US$ Mn)
8.6.1.1 China Mobile Cardiac Telemetry Systems Market Revenue And Forecasts to 2027, By Technology (US$ Mn)
8.6.1.2 China Mobile Cardiac Telemetry Systems Market Revenue And Forecasts to 2027, By End User (US$ Mn)
8.7 Japan Mobile Cardiac Telemetry Systems Market Revenue and Forecasts To 2027 (US$ Mn)
8.7.1 Japan Mobile Cardiac Telemetry Systems Market Revenue and Forecasts to 2027 (US$ Mn)
8.7.1.1 Japan Mobile Cardiac Telemetry Systems Market Revenue And Forecasts to 2027, By Technology (US$ Mn)
8.7.1.2 Japan Mobile Cardiac Telemetry Systems Market Revenue And Forecasts to 2027, By End User (US$ Mn)
8.8 India Mobile Cardiac Telemetry Systems Market Revenue and Forecasts To 2027 (US$ Mn)
8.8.1 India Mobile Cardiac Telemetry Systems Market Revenue and Forecasts to 2027 (US$ Mn)
8.8.1.1 India Mobile Cardiac Telemetry Systems Market Revenue And Forecasts to 2027, By Technology (US$ Mn)
8.8.1.2 India Mobile Cardiac Telemetry Systems Market Revenue And Forecasts to 2027, By End User (US$ Mn)
8.9 Australia Mobile Cardiac Telemetry Systems Market Revenue and Forecasts To 2027 (US$ Mn)
8.9.1 Australia Mobile Cardiac Telemetry Systems Market Revenue and Forecasts to 2027 (US$ Mn)
8.9.1.1 Australia Mobile Cardiac Telemetry Systems Market Revenue And Forecasts to 2027, By Technology (US$ Mn)
8.9.1.2 Australia Mobile Cardiac Telemetry Systems Market Revenue And Forecasts to 2027, By End User (US$ Mn)
8.10 South Korea Mobile Cardiac Telemetry Systems Market Revenue and Forecasts To 2027 (US$ Mn)
8.10.1 South Korea Mobile Cardiac Telemetry Systems Market Revenue and Forecasts to 2027 (US$ Mn)
8.10.1.1 South Korea Mobile Cardiac Telemetry Systems Market Revenue And Forecasts to 2027, By Technology (US$ Mn)
8.10.1.2 South Korea Mobile Cardiac Telemetry Systems Market Revenue And Forecasts to 2027, By End User (US$ Mn)
9. Mobile Cardiac Telemetry Systems Market – Industry Landscape
9.1 Overview
9.2 Growth Strategies done by the companies in the Market, (%)
9.3 Developments Done By The Companies
9.3.1 Overview
10. Mobile Cardiac Telemetry Systems Market – Key Company Profiles
10.1 Medtronic
10.1.1 Key Facts
10.1.2 Business Description
10.1.3 Financial Overview
10.1.4 Product Portfolio
10.1.5 SWOT Analysis
10.1.6 Key Developments
10.2 BioTelemetry, Inc.
10.2.1 Key Facts
10.2.2 Business Description
10.2.3 Financial Overview
10.2.4 Product Portfolio
10.2.5 SWOT Analysis
10.2.6 Key Developments
10.3 Welch Allyn
10.3.1 Key Facts
10.3.2 Business Description
10.3.3 Financial Overview
10.3.4 Product Portfolio
10.3.5 SWOT Analysis
10.3.6 Key Developments
10.4 Applied Cardiac Systems, Inc.
10.4.1 Key Facts
10.4.2 Business Description
10.4.3 Financial Information
10.4.4 Product Portfolio
10.4.5 SWOT Analysis
10.4.6 Key Developments
10.5 Medicomp Inc.
10.5.1 Key Facts
10.5.2 Business Description
10.5.3 Financial Information
10.5.4 Product Portfolio
10.5.5 SWOT Analysis
10.5.6 Key Developments
10.6 Preventice Solutions, Inc.
10.6.1 Key Facts
10.6.2 Business Description
10.6.3 Financial Information
10.6.4 Product Portfolio
10.6.5 SWOT Analysis
10.6.6 Key Developments
10.7 The ScottCare Corporation
10.7.1 Key Facts
10.7.2 Business Description
10.7.3 Financial Overview
10.7.4 Product Portfolio
10.7.5 SWOT Analysis
10.7.6 Key Developments
10.8 Medi-Lynx (Medicalgorithmics S.A.)
10.8.1 Key Facts
10.8.2 Business Description
10.8.3 Financial Overview
10.8.4 Product Portfolio
10.8.5 SWOT Analysis
10.8.6 Key Developments
10.9 ZOLL Medical Corporation (Asahi Kasei Corporation)
10.9.1 Key Facts
10.9.2 Business Description
10.9.3 Financial Overview
10.9.4 Product Portfolio
10.9.5 SWOT Analysis
10.9.6 Key Developments
10.10 Telerhythmics, LLC. (G Medical Innovations Holdings Ltd.)
10.10.1 Key Facts
10.10.2 Business Description
10.10.3 Financial Overview
10.10.4 Product Portfolio
10.10.5 SWOT Analysis
10.10.6 Key Developments
11. Appendix
11.1 About The Insight Partners
11.2 Glossary of Terms
11.3 Methodology
11.3.1 Coverage
11.3.2 Secondary Research
11.3.3 Primary Research
LIST OF TABLES
Table 1. Asia Pacific Mobile Cardiac Telemetry Systems Market Revenue And Forecasts to 2027, By Technology (US$ Mn)
Table 2. Asia Pacific Mobile Cardiac Telemetry Systems Market Revenue And Forecasts to 2027, By End User (US$ Mn)
Table 3. Asia Pacific Mobile Cardiac Telemetry Systems Market Revenue And Forecasts to 2027, By Technology (US$ Mn)
Table 4. Asia Pacific Mobile Cardiac Telemetry Systems Market Revenue And Forecasts to 2027, By End User (US$ Mn)
Table 5. China Mobile Cardiac Telemetry Systems Market Revenue And Forecasts to 2027, By Technology (US$ Mn)
Table 6. China Mobile Cardiac Telemetry Systems Market Revenue And Forecasts to 2027, By End User (US$ Mn)
Table 7. Japan Mobile Cardiac Telemetry Systems Market Revenue And Forecasts to 2027, By Technology (US$ Mn)
Table 8. Japan Mobile Cardiac Telemetry Systems Market Revenue And Forecasts to 2027, By End User (US$ Mn)
Table 9. India Mobile Cardiac Telemetry Systems Market Revenue And Forecasts to 2027, By Technology (US$ Mn)
Table 10. India Mobile Cardiac Telemetry Systems Market Revenue And Forecasts to 2027, By End User (US$ Mn)
Table 11. Australia Mobile Cardiac Telemetry Systems Market Revenue And Forecasts to 2027, By Technology (US$ Mn)
Table 12. Australia Mobile Cardiac Telemetry Systems Market Revenue And Forecasts to 2027, By End User (US$ Mn)
Table 13. South Korea Mobile Cardiac Telemetry Systems Market Revenue And Forecasts to 2027, By Technology (US$ Mn)
Table 14. South Korea Mobile Cardiac Telemetry Systems Market Revenue And Forecasts to 2027, By End User (US$ Mn)
Table 15. Developments Done By Companies - Mobile Cardiac Telemetry Systems Market
Table 16. Glossary of Terms, Mobile Cardiac Telemetry Systems market
LIST OF FIGURES
Figure 1. Japan Mobile Cardiac Telemetry Systems Market, Revenue (US$ Mn), By Country 2018 & 2027
Figure 2. Asia Pacific Mobile Cardiac Telemetry Systems Market By Technology, Market Share (%), 2018
Figure 3. Asia Pacific Mobile Cardiac Telemetry Systems Market By End User, Market Share (%), 2018
Figure 4. Mobile Cardiac Telemetry Systems Market Segmentation
Figure 5. Asia Pacific PEST Analysis
Figure 6. Mobile Cardiac Telemetry Systems Market Impact Analysis of Drivers & Restraints
Figure 7. Asia Pacific Mobile Cardiac Telemetry Systems Market – Revenue Forecasts And Analysis – 2018- 2027
Figure 8. Asia Pacific Mobile Cardiac Telemetry Systems Market, By Technology 2018 & 2027 (%)
Figure 9. Asia Pacific Lead Based Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 10. Asia Pacific Patch Based Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 11. Asia Pacific Mobile Cardiac Telemetry Systems Market By End User, 2018 & 2027 (%)
Figure 12. Asia Pacific Hospitals Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 13. Asia Pacific Cardiac Centres Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 14. Asia Pacific Ambulatory Surgical Centres Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 15. Asia Pacific Mobile Cardiac Telemetry Systems Market Revenue Overview, By Country, 2018 (US$ Mn)
Figure 16. Asia Pacific Mobile Cardiac Telemetry Systems Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 17. Asia Pacific Mobile Cardiac Telemetry Systems Market Revenue and Forecasts to 2027, By Country (%)
Figure 18. China Mobile Cardiac Telemetry Systems Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 19. Japan Mobile Cardiac Telemetry Systems Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 20. India Mobile Cardiac Telemetry Systems Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 21. Australia Mobile Cardiac Telemetry Systems Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 22. South Korea Mobile Cardiac Telemetry Systems Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 23. Growth Strategies done by the companies in the Market, (%)
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The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
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- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
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- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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