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GLOBAL TELEMETRY MARKET ANALYSIS

Global Telemetry Market, by Component (Telemetry Transmitter, Telemetry Receiver, and Antenna), by Technology (Wire-Link Telemetry,  Wireless Telemetry Systems, Microwave Telemetry, Data Loggers, Acoustic Telemetry, and Digital Telemetry), by Sensor (Vehicle Dynamics Sensors, Position Sensors, Load Cell Sensors, Displacement Sensors, GPS Sensor, and Others), by  Application (Healthcare, Energy and Power Utilities, Retail, Automation, and Others), and by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) – Size, Share, Outlook, and Opportunity Analysis, 2022-2028

Market Challenges And Opportunities

High cost of telemetry devices is one of the major restraining factors for the growth of the market

High cost of telemetry devices is a major factor restraining growth of the market. For instance, ECG telemetry used in the healthcare sector, which enables continuous monitoring of the patient, costs around US$ 300. Moreover, the price of the telemetry communication system is US$ 4475.27.

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