Zio by iRhythm Technologies, Inc., BIOTRONIK SE & Co. KG and BioTelemetry, Inc. are Dominating the Canada Mobile Cardiac Telemetry (MCT) Market in 2020

Canada Mobile Cardiac Telemetry (MCT) Market is expected to grow with the CAGR of 11.2% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.

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Canada mobile cardiac telemetry (MCT) market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in Canada mobile cardiac telemetry (MCT) market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced wound debridement device product portfolio.

For instance,

  • In December 2020, Zio by iRhythm Technologies, Inc. announced that the company will be participating in the upcoming 38th Annual J.P. Morgan Healthcare Conference in San Francisco; CA. this conference will help the company to expand their product portfolio and would boost the growth in the market.

Zio by iRhythm Technologies, Inc. is the dominating player in Canada mobile cardiac telemetry (MCT) market. The other key players existing in the market includes BIOTRONIK SE & Co. KG, Biotricity, Preventice Solutions, Inc., Canadian Cardiac Care, CorVitals, Inc., ACS Diagnostics, Hill-Rom Services, Inc., Medicomp Inc., InfoBionic, Medicalgorithmics, Medtronic, Medeia, Laboratory Corporation of America Holdings, ScottCare Corporation, Abbott, and BioTelemetry, Inc. among others.

Canada Mobile Cardiac Telemetry (MCT) Market

Zio by iRhythm Technologies, Inc, 

Zio by iRhythm Technologies, Inc. is headquartered in California, U.S. and was founded in 2006. The company is focused on providing clinically diagnosed wearable bio sensing technology with cloud-based data analytics and machine- learning capabilities. The company deals in business segments such as Zio Services out of which Zio Services is the market focused market focused segment.

For instance,

  • In December 2020, Zio by iRhythm Technologies, Inc. announced that the company will be participating in the upcoming 38th Annual J.P. Morgan Healthcare Conference in San Francisco. This conference will help the company to expand their product portfolio. It developed a positive growth in the market.

The company has presence in Americas, Europe, Middle East and Africa.

BIOTRONIK SE & Co. KG

BIOTRONIK SE & Co. KG is headquartered in Berlin, Germany and was founded in 1963. The company offers develop innovative, unique solutions and offer our customers excellent service. our goal is to save and improve patient lives.  The company has product category such as services, solutions, cardiac rhythm management and vascular intervention out of which cardiac rhythm management are the market focused category.  

  • In December 2020, BIOTRONIK announces that FDA have approved the availability of the Vital Data Sensor, which identifies body temperature increases potentially associated with fever, in the new BIOMONITOR IIIm injectable cardiac monitor (ICM). This enables company to increase their supply chain with new products in the U.S.

FDA Clears Vital Data Sensor in New Cardiac Monitor (biotronik.com)

The company has various subsidiaries Biotronik UK Ltd (UK), Biotronik AG (Switzerland), BIOTRONIK Japan Co., Ltd. (Japan), BIOTRONIK MEDICAL DEVICES INDIA PVT. LTD (New Delhi, India), and BIOTRONIK Canada Inc. (Canada) among others.

The company has its presence in Germany.

BioTelemetry, Inc.

Zimmer Biomet is headquartered in Pennsylvania, U.S. and was founded in year 1994. The company is engaged in provides cardiac and mobile blood-glucose monitoring, centralized medical imaging and original equipment manufacturing serving the healthcare and clinical research sectors. The company offers wide range of product in various categories such as heart monitoring, clinical research, global partnerships, health management, telehealth out of which heart monitoring is market focused category.     

  • In February 2021, Koninklijke Philips N.V. had completed the acquisition of BioTelemetry, Inc. The acquisition would result in Philips becoming a global leader in patient care management solutions.

The subsidiaries are Life Watch Services, Inc. (U.S.), CardioNet, Inc. (U.S.), Geneva Healthcare LLC (U.S.), Telcare (U.S.) among others.

The company has wide global presence in Europe and North America.