Telecardiology is the provision of diagnosis and health monitoring of cardiac patients by physicians and healthcare professional from a distant location with the help of ICT. It is the branch of telemedicine services, which focuses on treatment of cardiovascular diseases (CVDs). Telecardiology services enable healthcare professional to access cardiac data of patient such as cardiac test results in the form of text, images and videos.Ê
Scope of the Report:This report studies the Telecardiology market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Telecardiology market by product type and applications/end industries.
Factors such as a rise in investments in cardiology informatics, connected devices, and mobile solution for advanced cardiac care are driving the growth of the telecardiology market. The increase in ICT spending in the telecardiology sector has led to increased installations of advanced networking solutions to speed up the transfer rate of medical data. In addition, the market for cardiology teleconsultation service will also witness high growth in the coming years owing to rapid improvements in the primary and secondary healthcare and the increasing acceptance of telecardiology technology among cardiologists and patients.
The Americas was the leading region in the telecardiology market and occupied around 45% of the total market. Much of this regionÕs growth can be attributed to the rising number of CVDs and diabetes. With the help of teleconsultation services, the healthcare professionals share real-time images of heart tests, thus, enabling key decision-making process in CVD treatments. Rising investments in telecardiology services like video conferencing technology, connected cardiology devices, and wearable technologies are expected to boost the marketÕs growth in this region.
The global Telecardiology market is valued at xx million USD in 2020 and is expected to reach xx million USD by the end of 2026, growing at a CAGR of xx% between 2020 and 2026.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Telecardiology.
Europe also play important roles in global market, with market size of xx million USD in 2020 and will be xx million USD in 2026, with a CAGR of xx%.
Market Segment by Companies, this report covers BioTelemetry
Biotronik
McKesson
Philips Healthcare
GE Healthcare
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers IT Services
Telecom
Software
Hardware
Market Segment by Applications, can be divided into Diagnosis
Health Monitoring
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
