Product Description
The global wireless ambulatory telemetry monitoring market was valued at nearly $861 million in 2024. This is expected to increase over the forecast period at a CAGR of 3.4% to reach almost $1.1 billion.
The full report suite on the global market for wireless ambulatory telemetry monitoring includes patient-worn monitors and central stations.
MARKET REPORT DATA TYPES INCLUDED
- Unit Sales, Average Selling Prices, Market Size & Growth Trends
- Market Drivers & Limiters
- Market Forecasts Until 2031, and Historical Data to 2021
- Recent Mergers & Acquisitions
- Company Profiles and Product Portfolios
- Leading Competitors
GLOBAL WIRELESS AMBULATORY TELEMETRY MARKET TRENDS
As the technology of telemetry devices advances, the devices will become increasingly capable of monitoring more parameters while maintaining manageability in terms of size and mobility. Furthermore, many central stations and their associated event management platforms are now able to send patient monitoring data with clinical context directly to the caregiver’s smartphone/tablet applications. These advances will increase the value of ambulatory telemetry monitoring for healthcare purposes.
GLOBAL WIRELESS AMBULATORY TELEMETRY MARKET SHARE INSIGHTS
- Philips Healthcare was the leading competitor the global wireless ambulatory telemetry monitoring market in 2024. The company holds the leading position in each region covered, with its strongest share in North America, followed by Western Europe and then the rest of the world. Generally speaking, it is more difficult to compete outside of North America due to the increased number of smaller local competitors in the market. However, Philips’ ability to offer a comprehensive line of patient monitoring devices coupled with its strong, multinational presence make it a viable competitor in almost every market.
- GE Healthcare ranked as the second-leading competitor in the global wireless ambulatory telemetry monitoring market in 2024. As another large, U.S. company, GE has a similar regional trend to Philips; the company generates most of its revenue in North America and holds smaller relative shares in the rest of the world. In particular, GE Healthcare has not penetrated the Asia-Pacific market as effectively as Philips, which limits its overall rest-of-world share considerably.
- Mindray Medical trailed behind Philips and GE with regard to its share of the wireless ambulatory telemetry monitor device market. Mindray Medical offers telemetry monitoring through its Panorama Telepack™ series transmitter, as well as its BeneVision™ TD60. These systems are compatible with the Panorama™ and BeneVision™ Central Monitoring systems, which can display patient information from networked and wireless transport monitors as well as telemetry transmitters
GLOBAL WIRELESS AMBULATORY TELEMETRY MARKET SEGMENTATION SUMMARY
- Patient-Worn Market
- Central Station Market
GLOBAL RESEARCH SCOPE
Report Attribute | Details |
---|---|
Regions | North America (Canada, United States) Latin America (Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, Guatemala, Mexico, Panama, Paraguay, Peru, Puerto Rico, Uruguay, Venezuela) Western Europe (Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, United Kingdom) Central & Eastern Europe (Azerbaijan, Baltic States, Belarus, Bulgaria, Croatia, Czech Republic, Georgia, Greece, Hungary, Kazakhstan, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, Turkey, Ukraine) Middle East (Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates) Asia Pacific (Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Kyrgyzstan, Macao, Malaysia, Mongolia, Myanmar, New Zealand, Pakistan, Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Thailand, Uzbekistan, Vietnam) Africa (Algeria, Egypt, Ethiopia, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Uganda) |
Base Year | 2024 |
Forecast | 2025-2031 |
Historical Data | 2021-2023 |
Quantitative Coverage | Market Size, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices. |
Qualitative Coverage | COVID19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios, FDA Recalls, Disruptive Technologies, Disease Overviews. |
Data Sources | Primary Interviews with Industry Leaders, Government Physician Data, Regulatory Data, Hospital Private Data, Import & Export Data, iData Research Internal Database. |