Market Overview:
The global health telemetry system market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of chronic diseases, growing geriatric population, and technological advancements in health telemetry systems. Based on type, the global health telemetry system market is segmented into COPD telemonitoring system, glucose level telemonitoring system, blood pressure telemonitoring system, cardiac monitoring system, and others.
Product Definition:
A health telemetry system is a computerized system that collects and records health-related data from patients. This data can be used to help doctors diagnose and treat patients. The importance of a health telemetry system is that it can help doctors collect vital information about their patients' health, which can help them make better decisions about treatment.
COPD Telemonitoring System:
The global COPD telemonitoring system market size was valued at USD 31.5 million in 2015 and is expected to grow at a CAGR of XX% over the forecast period. Increasing prevalence of chronic respiratory diseases such as Chronic Obstructive Pulmonary Disease (COPD) and asthma along with rising geriatric population base is anticipated to drive the growth during the forecast period.
Glucose Level Telemonitoring System:
Glucose level telemonitoring system is a medical device used to remotely measure blood sugar levels of patients suffering from diabetes. It also helps in preventing severe hypo and hyperglycemic events by providing real-time information about the glucose level of patient. The global market for glucose level telemonitoring system is expected to witness lucrative growth over the forecast period owing to increasing prevalence of diabetes across the globe coupled with rising awareness regarding early diagnosis and treatment.
Application Insights:
The others segment includes diabetes mellitus telemetry systems, stroke telemetry system, and trauma alert & response system among others. The home care segment held the largest market share in 2017 due to increasing geriatric population and rising number of patients suffering from chronic diseases such as heart diseases, high blood pressure levels, cancer etc. Furthermore, an increase in the incidence of atrial fibrillation has created a significant demand for long-term care centers thus driving the market growth over the forecast period.
The long-term care centers segment is expected to grow at a lucrative CAGR during the study period owing to growing aging population along with increasing prevalence of chronic conditions such as Alzheimer¢â‚¬â„¢s disease (AD), Parkinson¢â‚¬â„¢s disease (PD), dementia etc., which creates a need for health monitoring devices thus leading to an increased revenue generation capacity for providers.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of patients with chronic diseases, increasing government initiatives and investments for improving healthcare infrastructure, and rising demand for technologically advanced medical devices. Moreover, an increase in R&D activities by various organizations is expected to fuel growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to factors such as growing population base with high risk factor burden that requires immediate attention towards disease management along with supportive government initiatives & investments for improving healthcare infrastructure. Furthermore, economic development coupled with improvement in living standards has led people from lower socio-economic groups to engage themselves more actively in professional jobs which increases their chances of being diagnosed with chronic conditions requiring continuous monitoring systems at home or at work place thereby driving demand over the forecast period.
Growth Factors:
- Increasing geriatric population: The global geriatric population is expected to grow at a CAGR of 6.5% from 2016 to 2020, owing to the increase in life expectancy and the growth in the number of people aged 65 years and above. This will result in an increased demand for health telemetry systems, as they help monitor the health conditions of elderly patients effectively.
- Rising prevalence of chronic diseases: The prevalence of chronic diseases such as heart disease, stroke, diabetes, and cancer is increasing rapidly across the world due to changing lifestyles and environmental factors. This has led to an increased demand for health telemetry systems that can help monitor these conditions effectively.
- Growing awareness about remote patient monitoring: There is a growing awareness among healthcare professionals and patients about the benefits of remote patient monitoring (RPM). Health telemetry systems are ideally suited for RPM applications as they allow real-time monitoring of patients’ vital signs from a distance using portable devices such as smartphones or tablets.
Scope Of The Report
Report Attributes
Report Details
Report Title
Health Telemetry System Market Research Report
By Type
COPD Telemonitoring System, Glucose Level Telemonitoring System, Blood Pressure Telemonitoring System, Cardiac Monitoring System, Others
By Application
Home Care, Long-term Care Centers, Hospice Care, Others
By Companies
Honeywell, Medtronic, Meytec, Boston Scientific, GE Healthcare, Phillips Healthcare, Abbott (St. Jude Medical), Nihon Kohden, SHL Telemedicine, TeleMedCare, ChronicWatch
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Health Telemetry System Market Report Segments:
The global Health Telemetry System market is segmented on the basis of:
Types
COPD Telemonitoring System, Glucose Level Telemonitoring System, Blood Pressure Telemonitoring System, Cardiac Monitoring System, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Home Care, Long-term Care Centers, Hospice Care, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Honeywell
- Medtronic
- Meytec
- Boston Scientific
- GE Healthcare
- Phillips Healthcare
- Abbott (St. Jude Medical)
- Nihon Kohden
- SHL Telemedicine
- TeleMedCare
- ChronicWatch
Highlights of The Health Telemetry System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- COPD Telemonitoring System
- Glucose Level Telemonitoring System
- Blood Pressure Telemonitoring System
- Cardiac Monitoring System
- Others
- By Application:
- Home Care
- Long-term Care Centers
- Hospice Care
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Health Telemetry System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A Health Telemetry System (HTS) is a type of electronic health record (EHR) that collects and stores data about patients' medical history, symptoms, treatments, and outcomes. This information can be used to improve patient care and monitor the effectiveness of treatment.
Some of the major players in the health telemetry system market are Honeywell, Medtronic, Meytec, Boston Scientific, GE Healthcare, Phillips Healthcare, Abbott (St. Jude Medical), Nihon Kohden, SHL Telemedicine, TeleMedCare, ChronicWatch.
The health telemetry system market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Health Telemetry System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Health Telemetry System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Health Telemetry System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Health Telemetry System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Health Telemetry System Market Size & Forecast, 2020-2028
4.5.1 Health Telemetry System Market Size and Y-o-Y Growth
4.5.2 Health Telemetry System Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 COPD Telemonitoring System
5.2.2 Glucose Level Telemonitoring System
5.2.3 Blood Pressure Telemonitoring System
5.2.4 Cardiac Monitoring System
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Home Care
6.2.2 Long-term Care Centers
6.2.3 Hospice Care
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Health Telemetry System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Health Telemetry System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 COPD Telemonitoring System
9.6.2 Glucose Level Telemonitoring System
9.6.3 Blood Pressure Telemonitoring System
9.6.4 Cardiac Monitoring System
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Home Care
9.10.2 Long-term Care Centers
9.10.3 Hospice Care
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 COPD Telemonitoring System
10.6.2 Glucose Level Telemonitoring System
10.6.3 Blood Pressure Telemonitoring System
10.6.4 Cardiac Monitoring System
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Home Care
10.10.2 Long-term Care Centers
10.10.3 Hospice Care
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 COPD Telemonitoring System
11.6.2 Glucose Level Telemonitoring System
11.6.3 Blood Pressure Telemonitoring System
11.6.4 Cardiac Monitoring System
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Home Care
11.10.2 Long-term Care Centers
11.10.3 Hospice Care
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 COPD Telemonitoring System
12.6.2 Glucose Level Telemonitoring System
12.6.3 Blood Pressure Telemonitoring System
12.6.4 Cardiac Monitoring System
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Home Care
12.10.2 Long-term Care Centers
12.10.3 Hospice Care
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 COPD Telemonitoring System
13.6.2 Glucose Level Telemonitoring System
13.6.3 Blood Pressure Telemonitoring System
13.6.4 Cardiac Monitoring System
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Home Care
13.10.2 Long-term Care Centers
13.10.3 Hospice Care
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Health Telemetry System Market: Competitive Dashboard
14.2 Global Health Telemetry System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Honeywell
14.3.2 Medtronic
14.3.3 Meytec
14.3.4 Boston Scientific
14.3.5 GE Healthcare
14.3.6 Phillips Healthcare
14.3.7 Abbott (St. Jude Medical)
14.3.8 Nihon Kohden
14.3.9 SHL Telemedicine
14.3.10 TeleMedCare
14.3.11 ChronicWatch
