Market Overview:
The global telemetric devices 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 demand for telemetric devices in healthcare and industrial applications, and the growing adoption of these devices in emerging economies such as China and India. The global telemetric devices market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into wire link-based telemetry systems and wireless-based telemetry systems. The wire link-based telemetry systems segment dominates this market owing to their low cost and easy installation process as compared to wireless-based systems. However, with advancements in technology, wireless-based systems are gaining traction due to their high data transmission rates and reduced power consumption as compared to wire link-based systems. On the basis of application, healthcare accounted for majority share (around 60%) of this market in 2017 owing to increasing demand for remote patient monitoring solutions across hospitals worldwide.
Product Definition:
Telemetry is the process of remotely measuring and transmitting data. This can be done for a variety of reasons, such as tracking the progress of a project, monitoring environmental conditions, or gathering performance data. Telemetric devices are used to collect this data. They can be placed in difficult-to-reach places or sent through hazardous environments, allowing information to be gathered without putting people in danger.
Wire Link:
Wire link is a telemetry technology that enables two-way communication between medical devices and the monitor. It provides data transmission from one or more medical devices to the monitor without any wired connection. The data can be used for various purposes such as physiological monitoring, patient monitoring, and diagnostic information exchange among healthcare professionals & hospitals.
Wireless:
Wireless is the transfer of information without wires. It uses radio waves or wireless telemetry to transmit signals from one point to another. Wireless technology has been evolving for decades and currently, there are many different technologies that make up the overall concept of wireless communication. The most common types of wireless technology include Radio Frequency (RF), Infrared, Bluetooth, Wi-Fi/WLAN and microwave oven among others.
Application Insights:
The industrial segment dominated the global telemetric devices market in 2017 and is expected to witness significant growth over the forecast period. Telemetry enables real-time monitoring of plant or machine health, process data collection, and remote system management. Industrial applications include oil and gas, chemical plants, power generation facilities among others. The healthcare segment is also expected to register a notable CAGR during the forecast period owing to increasing demand for patient monitoring equipment across hospitals and clinics worldwide.
Telemetry has been witnessing significant adoption in aerospace & defense applications as it provides critical information regarding aircraft performance that cannot be obtained from conventional sensors or human observation alone. Moreover, growing concerns about aircraft safety coupled with rising need for tracking valuable assets are anticipated to propel industry growth over the coming years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing investments in telemetry devices by healthcare organizations for monitoring patient’s vital signs and other health-related data, such as temperature and heart rate. In addition, growing demand for remote sensing applications is also anticipated to drive regional growth over the forecast period.
Asia Pacific is expected to witness lucrative growth over the next eight years owing to rising demand from oil and gas industry for gathering critical information about pipeline pressure, flow rate, etc., which are used while drilling operations or while changing a valve of a pipeline under pressure. Moreover, advancements in technology coupled with increased government spending on defense equipment are some factors that can be attributed toward regional market growth during the same period (2017 - 2030).
Growth Factors:
- Increasing demand for remote health monitoring and telemedicine services
- Growing popularity of wearable health devices
- Proliferation of mHealth apps and platforms
- Rising number of elderly population and chronic diseases cases
- Technological advancements in telemetric devices
Scope Of The Report
Report Attributes
Report Details
Report Title
Telemetric Devices Market Research Report
By Type
Wire Link, Wireless
By Application
Healthcare, Industrial, Oil and Gas, Aerospace and Defense
By Companies
Siemens, GE Healthcare, Philips Healthcare, Schlumberger, Schneider Electric, Sierra Wireless, Cobham, Kongsberg Gruppen, Honeywell International, Medtronic, Aerotel Medical Systems, CEIA, Welch Allyn, V-Patch
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Telemetric Devices Market Report Segments:
The global Telemetric Devices market is segmented on the basis of:
Types
Wire Link, Wireless
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
Healthcare, Industrial, Oil and Gas, Aerospace and Defense
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:
- Siemens
- GE Healthcare
- Philips Healthcare
- Schlumberger
- Schneider Electric
- Sierra Wireless
- Cobham
- Kongsberg Gruppen
- Honeywell International
- Medtronic
- Aerotel Medical Systems
- CEIA
- Welch Allyn
- V-Patch
Highlights of The Telemetric Devices 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:
- Wire Link
- Wireless
- By Application:
- Healthcare
- Industrial
- Oil and Gas
- Aerospace and Defense
- 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 Telemetric Devices 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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- Correctly Positioning New Products
- Market Entry Strategies
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- Product & Brand Management
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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?
Telemetric devices are devices that send and receive data wirelessly. They can be used to track objects or people, measure environmental conditions, or monitor systems.
Some of the major players in the telemetric devices market are Siemens, GE Healthcare, Philips Healthcare, Schlumberger, Schneider Electric, Sierra Wireless, Cobham, Kongsberg Gruppen, Honeywell International, Medtronic, Aerotel Medical Systems, CEIA, Welch Allyn, V-Patch.
The telemetric devices market is expected to register a CAGR of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Telemetric Devices Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Telemetric Devices Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Telemetric Devices Market - Supply Chain
4.5. Global Telemetric Devices Market Forecast
4.5.1. Telemetric Devices Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Telemetric Devices Market Size (000 Units) and Y-o-Y Growth
4.5.3. Telemetric Devices Market Absolute $ Opportunity
5. Global Telemetric Devices Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Telemetric Devices Market Size and Volume Forecast by Type
5.3.1. Wire Link
5.3.2. Wireless
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Telemetric Devices Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Telemetric Devices Market Size and Volume Forecast by Application
6.3.1. Healthcare
6.3.2. Industrial
6.3.3. Oil and Gas
6.3.4. Aerospace and Defense
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Telemetric Devices Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Telemetric Devices Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Telemetric Devices Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Telemetric Devices Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Telemetric Devices Demand Share Forecast, 2019-2026
9. North America Telemetric Devices Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Telemetric Devices Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Telemetric Devices Market Size and Volume Forecast by Application
9.4.1. Healthcare
9.4.2. Industrial
9.4.3. Oil and Gas
9.4.4. Aerospace and Defense
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Telemetric Devices Market Size and Volume Forecast by Type
9.7.1. Wire Link
9.7.2. Wireless
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Telemetric Devices Demand Share Forecast, 2019-2026
10. Latin America Telemetric Devices Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Telemetric Devices Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Telemetric Devices Market Size and Volume Forecast by Application
10.4.1. Healthcare
10.4.2. Industrial
10.4.3. Oil and Gas
10.4.4. Aerospace and Defense
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Telemetric Devices Market Size and Volume Forecast by Type
10.7.1. Wire Link
10.7.2. Wireless
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Telemetric Devices Demand Share Forecast, 2019-2026
11. Europe Telemetric Devices Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Telemetric Devices Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Telemetric Devices Market Size and Volume Forecast by Application
11.4.1. Healthcare
11.4.2. Industrial
11.4.3. Oil and Gas
11.4.4. Aerospace and Defense
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Telemetric Devices Market Size and Volume Forecast by Type
11.7.1. Wire Link
11.7.2. Wireless
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Atractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Telemetric Devices Demand Share, 2019-2026
12. Asia Pacific Telemetric Devices Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Telemetric Devices Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Telemetric Devices Market Size and Volume Forecast by Application
12.4.1. Healthcare
12.4.2. Industrial
12.4.3. Oil and Gas
12.4.4. Aerospace and Defense
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Telemetric Devices Market Size and Volume Forecast by Type
12.7.1. Wire Link
12.7.2. Wireless
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Telemetric Devices Demand Share, 2019-2026
13. Middle East & Africa Telemetric Devices Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Telemetric Devices Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Telemetric Devices Market Size and Volume Forecast by Application
13.4.1. Healthcare
13.4.2. Industrial
13.4.3. Oil and Gas
13.4.4. Aerospace and Defense
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Telemetric Devices Market Size and Volume Forecast by Type
13.7.1. Wire Link
13.7.2. Wireless
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Telemetric Devices Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Telemetric Devices Market: Market Share Analysis
14.2. Telemetric Devices Distributors and Customers
14.3. Telemetric Devices Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Siemens
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. GE Healthcare
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Philips Healthcare
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Schlumberger
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Schneider Electric
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sierra Wireless
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Cobham
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kongsberg Gruppen
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Honeywell International
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Medtronic
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Aerotel Medical Systems
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. CEIA
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Welch Allyn
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. V-Patch
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
