Market Overview:
The global telecardiology market is expected to grow at a CAGR of 10.8% from 2018 to 2030. The growth in the market can be attributed to the increasing prevalence of cardiovascular diseases, technological advancements in telecardiology devices and rising demand for home-based care. The IT services segment is expected to grow at the highest CAGR during the forecast period. This can be attributed to the increasing demand for cloud-based solutions and remote monitoring services among healthcare providers. The telecom segment is also expected to witness high growth during the forecast period, owing to increased adoption of telemedicine services by healthcare providers worldwide. By application, diagnosis accounted for majority share of the global telecardiology market in 2017 and is projected to maintain its dominance duringthe forecast period as well.
Product Definition:
Telecardiology is the study of cardiac function and diseases through telecommunication technologies. The importance of Telecardiology is that it allows cardiologists to evaluate and treat patients remotely, which can improve patient care.
IT Services:
IT services comprise of solutions and support for computer-based systems. The global IT industry is expected to grow at a CAGR of XX% from 2015 to 2022, which in turn is anticipated to augment the telecardiology market growth over the forecast period.
Telecom:
Telecom and it's usage in Telecardiology market is used by medical practitioners to transmit voice, video or data from one point to another using telecommunication equipment. It is also used for patient monitoring as well as for the exchange of clinical information between physicians and patients.
Application Insights:
Based on application, the global telecardiology market is segmented into diagnosis and health monitoring. The diagnosis segment dominated the overall market in terms of revenue share in 2017. Telecardiology services are widely used for diagnosing diseases such as diabetes, high cholesterol level, heart attack and stroke among others. Technological advancements have made it easier to diagnose various medical conditions through video consultations with a doctor over the internet or via smartphone app. For instance, Direct Medical Imaging Inc., a U.S.
Regional Analysis:
North America dominated the global telecardiology market in 2017. The presence of well-established healthcare infrastructure, high adoption rate of advanced technologies, and favorable government initiatives are some factors responsible for its large share. Moreover, increasing demand for remote patient monitoring systems is expected to drive the regional market over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising disposable income and growing target population base in economies such as India and China. Furthermore, improving healthcare infrastructure due to increased government spending on IT services may also propel industry growth over next eight years. Growing awareness regarding emerging technologies such as telemedicine is further expected fuel regional demand during the forecast period from 2018 to 2030 (USD X billion).
Growth Factors:
- Increasing demand for telecardiology services from geriatric population
- Rising prevalence of cardiovascular diseases (CVDs)
- Growing popularity of home-based care model for cardiac patients
- Proliferation of telehealth technology platforms and devices
- Emergence of value-based reimbursement models for telecardiology services
Scope Of The Report
Report Attributes
Report Details
Report Title
Telecardiology Market Research Report
By Type
IT Services, Telecom, Software, Hardware
By Application
Diagnosis, Health Monitoring
By Companies
BioTelemetry, Biotronik, McKesson, Philips Healthcare, GE Healthcare
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
200
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Telecardiology Market Report Segments:
The global Telecardiology market is segmented on the basis of:
Types
IT Services, Telecom, Software, Hardware
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
Diagnosis, Health Monitoring
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:
- BioTelemetry
- Biotronik
- McKesson
- Philips Healthcare
- GE Healthcare
Highlights of The Telecardiology 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:
- IT Services
- Telecom
- Software
- Hardware
- By Application:
- Diagnosis
- Health Monitoring
- 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 Telecardiology 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.
How you may use our products:
- Correctly Positioning New Products
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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?
Telecardiology is the study of heart disease and cardiac care using telecommunications technology. This includes everything from diagnosing heart problems to providing treatment.
Some of the key players operating in the telecardiology market are BioTelemetry, Biotronik, McKesson, Philips Healthcare, GE Healthcare.
The telecardiology market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Telecardiology 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 Telecardiology Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Telecardiology 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 Telecardiology 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 Telecardiology Market Size & Forecast, 2018-2028
4.5.1 Telecardiology Market Size and Y-o-Y Growth
4.5.2 Telecardiology Market Absolute $ Opportunity
Chapter 5 Global Telecardiology 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 Telecardiology Market Size Forecast by Type
5.2.1 IT Services
5.2.2 Telecom
5.2.3 Software
5.2.4 Hardware
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Telecardiology 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 Telecardiology Market Size Forecast by Applications
6.2.1 Diagnosis
6.2.2 Health Monitoring
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Telecardiology 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 Telecardiology 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 Telecardiology Analysis and Forecast
9.1 Introduction
9.2 North America Telecardiology 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 Telecardiology Market Size Forecast by Type
9.6.1 IT Services
9.6.2 Telecom
9.6.3 Software
9.6.4 Hardware
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 Telecardiology Market Size Forecast by Applications
9.10.1 Diagnosis
9.10.2 Health Monitoring
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 Telecardiology Analysis and Forecast
10.1 Introduction
10.2 Europe Telecardiology 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 Telecardiology Market Size Forecast by Type
10.6.1 IT Services
10.6.2 Telecom
10.6.3 Software
10.6.4 Hardware
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 Telecardiology Market Size Forecast by Applications
10.10.1 Diagnosis
10.10.2 Health Monitoring
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 Telecardiology Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Telecardiology 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 Telecardiology Market Size Forecast by Type
11.6.1 IT Services
11.6.2 Telecom
11.6.3 Software
11.6.4 Hardware
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 Telecardiology Market Size Forecast by Applications
11.10.1 Diagnosis
11.10.2 Health Monitoring
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 Telecardiology Analysis and Forecast
12.1 Introduction
12.2 Latin America Telecardiology 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 Telecardiology Market Size Forecast by Type
12.6.1 IT Services
12.6.2 Telecom
12.6.3 Software
12.6.4 Hardware
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 Telecardiology Market Size Forecast by Applications
12.10.1 Diagnosis
12.10.2 Health Monitoring
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) Telecardiology Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Telecardiology 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) Telecardiology Market Size Forecast by Type
13.6.1 IT Services
13.6.2 Telecom
13.6.3 Software
13.6.4 Hardware
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) Telecardiology Market Size Forecast by Applications
13.10.1 Diagnosis
13.10.2 Health Monitoring
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 Telecardiology Market: Competitive Dashboard
14.2 Global Telecardiology Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BioTelemetry
14.3.2 Biotronik
14.3.3 McKesson
14.3.4 Philips Healthcare
14.3.5 GE Healthcare
