Major challenges in the global mobile cardiac telemetry systems market.

The global mobile cardiac telemetry systems market is expected to grow at a CAGR of 8.95% during the forecast period. Major challenges affecting the growth of the global mobile cardiac telemetry systems market include cybersecurity concerns related to cardiac remote monitoring, high cost associated with remote heart rate monitoring, and presence of substitutes.

Regulatory bodies are concerned about cybersecurity issues related to cardiac monitoring devices. The regulatory bodies and private firms are raising their concerns related to implantable cardiac devices, which send real-time cardiac monitoring data to physicians or healthcare centers. Muddy Waters claimed that St. Jude Medical’s implantable cardiac devices that offer telemonitoring are vulnerable to cyber attacks.

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Mobile cardiac telemetry systems help in monitoring cardiac rhythms and transmitting data through the wireless networks. However, these devices can raise concerns in the future. Regulatory bodies identified cybersecurity vulnerabilities related to cardiac implantable devices and their software technologies, which are used in patients with arrhythmia, bradycardia, and tachycardia. Therefore, in the future, concerns about the safety of mobile cardiac telemetry can raise, which can impact the brand name of companies, thereby hindering the growth of the market. However, despite the challenges the global mobile cardiac telemetry systems market is expected to grow in an accelerating momentum during the forecast period.