Cardiac Holter Monitor Market To Reach US$ 606.8 Million By 2028 | IMARC Group
IMARC Group’s latest research report, titled “Cardiac Holter Monitor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the global cardiac holter monitor market size reached US$ 435.6 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 606.8 Million by 2028, exhibiting a growth rate (CAGR) of 5.39% during 2023-2028.
A cardiac Holter monitor refers to a
battery-operated electrocardiography (ECG) device which aids in measuring and
recording the activity of the heart for 24 to 48 hours. It has been classified
into 1-channel, 2-channel, 3-channel, 12-channel, and others. In addition, the
Holter monitor comprises software that interprets the recorded data and
ultimately assists the doctor in determining if the heart is getting adequate
oxygen and diagnosing conditions related to irregular cardiac rhythms,
including arrhythmia, tachycardia, and atrial fibrillation. Consequently, these
attributes of Holter monitor are driving its demand across the globe.
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Cardiac Holter Monitor Market Growth and Development:
The growing prevalence of cardiac
blockages and arrests has been witnessed globally, on account of the inflating
urbanization levels, hectic work schedules, and the rising consumption of fast
food, which has escalated the demand for technologically advanced devices that
help in diagnosing health problems accurately, is primarily augmenting the
cardiac Holter monitor market. Furthermore, government bodies in numerous
countries are funding to create more awareness among individuals about
different cardiovascular disorders, their prevention, and treatment, which is
positively influencing the global market. Apart from this, the shifting
consumer preferences toward minimally invasive diagnostic tools and preventive
healthcare devices are also bolstering the market growth. Moreover, the
introduction of innovative and miniaturized products by manufacturers that
offer enhanced convenience is further catalyzing the global market. Besides
this, the increasing expenditure on healthcare facilities is also driving the
market growth. Additionally, the widespread adoption of these Holter monitor
devices in hospitals and clinics, ambulatory surgical centers (ASCs), homecare,
and others is expected to drive the cardiac Holter monitor market in the coming
years.
Key Players Included in Global Cardiac
Holter Monitor Market Research Report:
- The ScottCare Corporation
- GE Healthcare
- Spacelabs Healthcare
- Fukuda Denshi Co., Ltd
- Nasiff Associates, Inc
- Koninklijke Philips N.V
- Biomedical Instruments Co., Ltd
- Schiller
- BTL
- LifeWatch AG
- Welch Allyn
- Nihon Kohden Corporation
- Medtronic Plc
- Hill-Rom Company, Inc
- Mindray Medical International Limited
- BPL Medical Technologies
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Key Market Segmentation:
Breakup by Product Type:
- 1-Channel
- 2-Channel
- 3-Channel
- 12-Channel
- Others
Breakup by Component:
- Holter Monitoring Devices
- Event Monitoring Devices
- Holter Analysis System and Software
Breakup by End User:
- Hospitals and Clinics
- Ambulatory Surgical Centers (ASCs)
- Homecare
- Others
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea,
Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar,
Iraq, Other)
Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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