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this
report:
The American Recovery and Reinvestment Act, 2009 provides financial incentives for adoption
of EMRs by 2015. This widespread adoption of electronic medical databases globally will act as
an incentive for diagnostic ECG data management solutions because electrocardiograms are an
important component of patients medical records. ECG data management solutions and
telemetry provide beat-by-beat recording for post-operative management of coronary artery bypass graft (CABG). However, they are incapable of monitoring patients during their mobility as
they are fixed post-installation. To overcome these limitations, potable ECG event monitors
penetrated the market for sub-acute cardiac rhythm monitoring for short durations. Similarly,
Mobile Cardiac Outpatient Telemetry (MCOT) based on cellular capabilities is another
technological advancement. CardioNet has established itself as a market leader through MCOT
ECG solutions, which has witnessed an explosive growth in the market. Further, MCOT devices
are now coupled with enhanced features e.g. expanded memory and light sensors. Thus,
MCOS device technology is under constant innovation and has been the latest evolution in the
diagnostic ECG device market. For instance, CardioSecur, is the first ECG device based on an
iPhone. This segment is expected to grow rapidly because of higher precision and detection,
enhanced patient compliance and post-operative care. Geographically, the demand for these