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Global Medical Telemetry System Market Research Report 2024
Synopsis
Medical Healthcare telemetry system is the system to measure vital signs remotely, and to manage escalation strategies based on pre-determined rules applied on the measured data. Data transfer can be achieved via wireless communication means and or data transfer over other media, such as a telephone or computer network or via an optical link. Telemonitoring system improves patient visibility and interaction, which is beneficial at any point of the care continuum.
The global Medical Telemetry System market was valued at US$ 2263.6 million in 2023 and is anticipated to reach US$ 2813.3 million by 2030, witnessing a CAGR of 3.2% during the forecast period 2024-2030.
According to our research, the global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
This report aims to provide a comprehensive presentation of the global market for Medical Telemetry System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Medical Telemetry System.
Report Scope
The Medical Telemetry System market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Medical Telemetry System market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Medical Telemetry System companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Honeywell
Medtronic
Meytec
Boston Scientific
GE Healthcare
Phillips Healthcare
Abbott (St. Jude Medical)
Nihon Kohden
SHL Telemedicine
TeleMedCare
ChronicWatch
Segment by Type
COPD Telemonitoring System
Glucose Level Telemonitoring System
Blood Pressure Telemonitoring System
Cardiac & Monitoring Systems
Others
Segment by Application
Home Care
Long-term Care Centers
Hospice Care
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Medical Telemetry System companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Medical Healthcare telemetry system is the system to measure vital signs remotely, and to manage escalation strategies based on pre-determined rules applied on the measured data. Data transfer can be achieved via wireless communication means and or data transfer over other media, such as a telephone or computer network or via an optical link. Telemonitoring system improves patient visibility and interaction, which is beneficial at any point of the care continuum.
The global Medical Telemetry System market was valued at US$ 2263.6 million in 2023 and is anticipated to reach US$ 2813.3 million by 2030, witnessing a CAGR of 3.2% during the forecast period 2024-2030.
According to our research, the global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
This report aims to provide a comprehensive presentation of the global market for Medical Telemetry System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Medical Telemetry System.
Report Scope
The Medical Telemetry System market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Medical Telemetry System market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Medical Telemetry System companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Honeywell
Medtronic
Meytec
Boston Scientific
GE Healthcare
Phillips Healthcare
Abbott (St. Jude Medical)
Nihon Kohden
SHL Telemedicine
TeleMedCare
ChronicWatch
Segment by Type
COPD Telemonitoring System
Glucose Level Telemonitoring System
Blood Pressure Telemonitoring System
Cardiac & Monitoring Systems
Others
Segment by Application
Home Care
Long-term Care Centers
Hospice Care
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Medical Telemetry System companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Medical Telemetry System Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 COPD Telemonitoring System
1.2.3 Glucose Level Telemonitoring System
1.2.4 Blood Pressure Telemonitoring System
1.2.5 Cardiac & Monitoring Systems
1.2.6 Others
1.3 Market by Application
1.3.1 Global Medical Telemetry System Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Home Care
1.3.3 Long-term Care Centers
1.3.4 Hospice Care
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Medical Telemetry System Market Perspective (2019-2030)
2.2 Medical Telemetry System Growth Trends by Region
2.2.1 Global Medical Telemetry System Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Medical Telemetry System Historic Market Size by Region (2019-2024)
2.2.3 Medical Telemetry System Forecasted Market Size by Region (2025-2030)
2.3 Medical Telemetry System Market Dynamics
2.3.1 Medical Telemetry System Industry Trends
2.3.2 Medical Telemetry System Market Drivers
2.3.3 Medical Telemetry System Market Challenges
2.3.4 Medical Telemetry System Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Medical Telemetry System Players by Revenue
3.1.1 Global Top Medical Telemetry System Players by Revenue (2019-2024)
3.1.2 Global Medical Telemetry System Revenue Market Share by Players (2019-2024)
3.2 Global Medical Telemetry System Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Medical Telemetry System Revenue
3.4 Global Medical Telemetry System Market Concentration Ratio
3.4.1 Global Medical Telemetry System Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Medical Telemetry System Revenue in 2023
3.5 Medical Telemetry System Key Players Head office and Area Served
3.6 Key Players Medical Telemetry System Product Solution and Service
3.7 Date of Enter into Medical Telemetry System Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Medical Telemetry System Breakdown Data by Type
4.1 Global Medical Telemetry System Historic Market Size by Type (2019-2024)
4.2 Global Medical Telemetry System Forecasted Market Size by Type (2025-2030)
5 Medical Telemetry System Breakdown Data by Application
5.1 Global Medical Telemetry System Historic Market Size by Application (2019-2024)
5.2 Global Medical Telemetry System Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Medical Telemetry System Market Size (2019-2030)
6.2 North America Medical Telemetry System Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Medical Telemetry System Market Size by Country (2019-2024)
6.4 North America Medical Telemetry System Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Medical Telemetry System Market Size (2019-2030)
7.2 Europe Medical Telemetry System Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Medical Telemetry System Market Size by Country (2019-2024)
7.4 Europe Medical Telemetry System Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Medical Telemetry System Market Size (2019-2030)
8.2 Asia-Pacific Medical Telemetry System Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Medical Telemetry System Market Size by Region (2019-2024)
8.4 Asia-Pacific Medical Telemetry System Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Medical Telemetry System Market Size (2019-2030)
9.2 Latin America Medical Telemetry System Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Medical Telemetry System Market Size by Country (2019-2024)
9.4 Latin America Medical Telemetry System Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Medical Telemetry System Market Size (2019-2030)
10.2 Middle East & Africa Medical Telemetry System Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Medical Telemetry System Market Size by Country (2019-2024)
10.4 Middle East & Africa Medical Telemetry System Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Honeywell
11.1.1 Honeywell Company Detail
11.1.2 Honeywell Business Overview
11.1.3 Honeywell Medical Telemetry System Introduction
11.1.4 Honeywell Revenue in Medical Telemetry System Business (2019-2024)
11.1.5 Honeywell Recent Development
11.2 Medtronic
11.2.1 Medtronic Company Detail
11.2.2 Medtronic Business Overview
11.2.3 Medtronic Medical Telemetry System Introduction
11.2.4 Medtronic Revenue in Medical Telemetry System Business (2019-2024)
11.2.5 Medtronic Recent Development
11.3 Meytec
11.3.1 Meytec Company Detail
11.3.2 Meytec Business Overview
11.3.3 Meytec Medical Telemetry System Introduction
11.3.4 Meytec Revenue in Medical Telemetry System Business (2019-2024)
11.3.5 Meytec Recent Development
11.4 Boston Scientific
11.4.1 Boston Scientific Company Detail
11.4.2 Boston Scientific Business Overview
11.4.3 Boston Scientific Medical Telemetry System Introduction
11.4.4 Boston Scientific Revenue in Medical Telemetry System Business (2019-2024)
11.4.5 Boston Scientific Recent Development
11.5 GE Healthcare
11.5.1 GE Healthcare Company Detail
11.5.2 GE Healthcare Business Overview
11.5.3 GE Healthcare Medical Telemetry System Introduction
11.5.4 GE Healthcare Revenue in Medical Telemetry System Business (2019-2024)
11.5.5 GE Healthcare Recent Development
11.6 Phillips Healthcare
11.6.1 Phillips Healthcare Company Detail
11.6.2 Phillips Healthcare Business Overview
11.6.3 Phillips Healthcare Medical Telemetry System Introduction
11.6.4 Phillips Healthcare Revenue in Medical Telemetry System Business (2019-2024)
11.6.5 Phillips Healthcare Recent Development
11.7 Abbott (St. Jude Medical)
11.7.1 Abbott (St. Jude Medical) Company Detail
11.7.2 Abbott (St. Jude Medical) Business Overview
11.7.3 Abbott (St. Jude Medical) Medical Telemetry System Introduction
11.7.4 Abbott (St. Jude Medical) Revenue in Medical Telemetry System Business (2019-2024)
11.7.5 Abbott (St. Jude Medical) Recent Development
11.8 Nihon Kohden
11.8.1 Nihon Kohden Company Detail
11.8.2 Nihon Kohden Business Overview
11.8.3 Nihon Kohden Medical Telemetry System Introduction
11.8.4 Nihon Kohden Revenue in Medical Telemetry System Business (2019-2024)
11.8.5 Nihon Kohden Recent Development
11.9 SHL Telemedicine
11.9.1 SHL Telemedicine Company Detail
11.9.2 SHL Telemedicine Business Overview
11.9.3 SHL Telemedicine Medical Telemetry System Introduction
11.9.4 SHL Telemedicine Revenue in Medical Telemetry System Business (2019-2024)
11.9.5 SHL Telemedicine Recent Development
11.10 TeleMedCare
11.10.1 TeleMedCare Company Detail
11.10.2 TeleMedCare Business Overview
11.10.3 TeleMedCare Medical Telemetry System Introduction
11.10.4 TeleMedCare Revenue in Medical Telemetry System Business (2019-2024)
11.10.5 TeleMedCare Recent Development
11.11 ChronicWatch
11.11.1 ChronicWatch Company Detail
11.11.2 ChronicWatch Business Overview
11.11.3 ChronicWatch Medical Telemetry System Introduction
11.11.4 ChronicWatch Revenue in Medical Telemetry System Business (2019-2024)
11.11.5 ChronicWatch Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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