Telemetry is an automated communications process in which information is collected from the remote terminals and then transmitted to the receiving points to be monitored and analysed. This data is transmitted through ultrasonic, audio, infrared, GSM, and satellite that depends on its area of application.



“ Proliferation of telemetry device in the healthcare sector is one of the major factors driving growth of the market “



The major factor attributed towards growth of the telemetry market is the increasing adoption of these devices in the healthcare sector for monitoring cardiac abnormalities. Rising prevalence of cardiovascular diseases and increasing mortality due to such diseases across the globe is boosting demand for telemetry devices.



According to the American Heart Association, in the U.S., in 2015, people suffering from cardiovascular disease was 84 million and it has grown up to 86 million in 2017. This telemetry device evaluates the electrical impulses generated by the polarization and depolarization of cardiac tissue and translates them into waveform. This ultimately helps physicians to diagnose cardiac abnormalities along with size and position of chambers. Telemetry devices are thus highly useful for addressing requirements of patients who are highly susceptible to cardiac disorders.



Browse More About the Market Study @ https://www.coherentmarketinsights.com/ongoing-insight/global-telemetry-market-1824



“High cost of telemetry devices is one of the major restraining factors for the growth of the market”



High cost of telemetry devices is a major factor restraining growth of the market. For instance, ECG telemetry used in the healthcare sector, which enables continuous monitoring of the patient, costs around US$ 300. Moreover, the price of the telemetry communication system is US$ 4475.27.



Global Telemetry Market: Regional Insights

The telemetry market in North America accounted the largest market share in 2016 and expected to retain its dominance during the forecasted period, owing to rising incidence of cardiovascular disorders in this region. For instance, according to the CDC (Centre for Disease Control and Prevention) analysis, in the U.S. around 610,000 people died from heart disease every year.

According to the WHO (World Health Organisation), in 2013, 64% of health spending was paid for by the government with the help of following programs such as Medicare, Medicaid, the Children's Health Insurance Program, and the Veterans Health Administration. Hence, all these factors help in propelling the demand for telemetry in this region.


Global Telemetry Market: Competitive Landscape

Key players operating in the global telemetry market include are Siemens AG, GE Healthcare, Astro-Med, Inc., Rogers Communications, Inc., Philips Healthcare, Verizon Communications, Inc., Honeywell International Inc., Biotelemetry, Inc., L-3 Communications Holdings Inc., and Sierra Wireless, Inc.