Seamless Heart Health: Transforming Patient Compliance with Wearable MCT Devices for Hassle-Free and Effective Cardiac Monitoring

Enhanced patient compliance is a crucial aspect of the importance of mobile cardiac telemetry (MCT). Wearable MCT devices offer a non-intrusive and convenient solution for continuous cardiac monitoring. The ability of patients to seamlessly integrate these devices into their daily routines promotes better adherence to monitoring protocols. This heightened compliance ensures that healthcare providers receive accurate and consistent data over extended periods, facilitating early detection of cardiac abnormalities. The non-disruptive nature of MCT devices encourages patients to actively participate in their cardiac health management actively, ultimately leading to more effective preventive measures and timely interventions.

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Data Bridge Market Research analyses the Canada Mobile Cardiac Telemetry (MCT) Market, which was USD 2,310.00 million in 2022, is expected to reach USD 5400.70 million by 2030 and is expected to undergo a CAGR of 11.2% during the forecast period 2023-2030. The increasing aging population in Canada, coupled with the heightened susceptibility of the elderly to cardiac issues, is a significant driver for the mobile cardiac telemetry (MCT) market.

Key Findings of the Study

Increasing electronic health records (EHRs) and broader healthcare systems is expected to drive the market's growth rate

Integrating mobile cardiac telemetry (MCT) data with electronic health records (EHRs) and broader healthcare systems is a pivotal driver in the Canada MCT market. This seamless technological integration enhances operational efficiency for healthcare providers. By facilitating the real-time transfer of patient data from MCT devices to EHRs, healthcare professionals gain immediate access to comprehensive cardiac monitoring information. This streamlines decision-making processes and promotes a more holistic approach to patient care. The ability to integrate MCT data into existing healthcare systems fosters a cohesive and interconnected healthcare ecosystem, encouraging healthcare providers in Canada to embrace MCT solutions for improved patient outcomes and data-driven healthcare delivery.

Report Scope and Market Segmentation

Segment Analysis:

The Canada mobile cardiac telemetry market is segmented on the basis of type, technology, a cellular connection, indication, end-user, and distribution channel.

• On the basis of type, the Canada mobile cardiac telemetry market is segmented into multi-channel, and single-channel
• On the basis of technology, the Canada mobile cardiac telemetry market is segmented into lead based, patch based, and flex based
• On the basis of cellular connection, the Canada mobile cardiac telemetry market is segmented into wireless (WIFI), and bluetooth (BT)
• On the basis of indication, the Canada mobile cardiac telemetry market is segmented into angina pectoris, bradycardia arrhythmias, myocardial infarction, atrial flutter, pre-mature ventricular contractions, ventricular tachycardia, control atrial fibrillation, atherosclerosis, heart failure, and others
• On the basis of end-user, the Canada mobile cardiac telemetry market is segmented into home healthcare, hospitals, independent diagnostic testing facility (IDTF), cardiac centers, ambulatory surgical centers, and others
• On the basis of distribution channel, the Canada mobile cardiac telemetry market is segmented into direct sales, and others

Major Players

Data Bridge Market Research recognizes the following companies as the major Canada mobile cardiac telemetry market players in Canada mobile cardiac telemetry market are BIOTRONIK SE & Co. KG (Germany), Biotricity (U.S.), Preventice Solutions, Inc.(U.S.), Zio by iRhythm Technologies, Inc.(U.S.), Canadian Cardiac Care (Canada), CorVitals, Inc.(U.S.), ACS Diagnostics (U.S.)

Market Developments

• In 2021, Laboratory Corporation of America Holdings proudly announced its inclusion in Fast Company magazine's esteemed list of the "2021 Most Innovative Companies." This recognition was attributed to LabCorp's exemplary leadership in science, innovation, and healthcare, particularly its pivotal role in the global fight against COVID-19. LabCorp's advancements in testing significantly contributed to the company's ability to offer crucial support to businesses worldwide
• In 2020, BioTelemetry demonstrated its commitment to advancing patient care during the COVID-19 pandemic. The company extended its Mobile Cardiac Outpatient Telemetry (MCOT) program to encompass COVID-19 patients across various institutions in the United States. The initiative aimed to monitor QT prolongation; a concern associated with the use of hydroxychloroquine medication in COVID-19 treatment
• In 2019, iRhythm Technologies, Inc., and Verily Life Sciences collaborated to screen, monitor, and diagnose atrial fibrillation. The collaboration utilized iRhythm's artificial intelligence (AI) technology and Verily's advanced data analysis capabilities. This strategic partnership marked a significant step forward in leveraging cutting-edge technology for the diagnosis and management of atrial fibrillation

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