Cardiac Holter Monitor Market to Expand at a CAGR of 6.3 % Over 2019-2024 - IMARC Group

Global Cardiac Holter Monitor Market Research Report and Forecast 2024

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Global Cardiac Holter Monitor Market Overview: As per the latest report by IMARC Group, titled “ Cardiac Holter Monitor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024 �, the global cardiac Holter monitor market size reached US$ 349.2 Million in 2018. A cardia Holter monitor is a battery-operated portable electrocardiography (ECG) device that records the heart rhythm continuously for around 24 or 48 hours. It consists of a monitor, software and electrodes, which aid in interpreting the recorded data, determining if the heart is getting adequate oxygen and diagnosing conditions concerning irregular cardiac rhythms, such as tachycardia, arrhythmia and atrial fibrillation.

These advantages of Holter monitors, along with the increasing cases of cardia, issues, are driving their demand worldwide.

Global Cardiac Holter Monitor Market Trends Owing to rapid urbanization and hectic work schedules, there is a rise in the consumption of ready-toeat (RTE) food products, which are high in sodium. This is resulting in the increasing prevalence of cardiac blockages and arrests, thereby positively influencing the demand for technologically advanced devices that assist in diagnosing these problems accurately. Further, manufacturers are introducing innovative and miniaturized products that increase the convenience of users.

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157.3 146.7 152.0 141.4 136.1 125.5 130.8

160 140 120 100 80 60 40 20 0

120.2 2011

2012

2013

2014

2015

2016

2017

2018

In Million US$

in Million US$

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180 160 140 120 100 80 60 40 20 0

160.0 2019

175.9

181.2

186.5

165.3

170.6

2020

2021

2022

2023

2024

For instance, Rhythm Technologies, a US-based digital healthcare company, has recently launched “Zio,� a device that includes a cardiac Holter monitor in a small pedometer-sized patch. Looking forward, the market value is projected to reach US$ 503.8 Million by 2024, expanding at a CAGR of 6.3% during 2019-2024.

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In line with this, governments of various countries are investing in social campaigns to generate awareness among individuals about cardiac disorders, their prevention and treatment. Moreover, the increasing preference for minimally invasive diagnostic tools and preventive healthcare devices is impelling the growth of the cardiac Holter monitor market.

Key Market Segmentation: Market Segmentation by Type • • • • •

1-Channel 2-Channel 3-Channel 12-Channel Others

Based on the product type, the market has been classified into 1-channel, 2-channel, 3-channel, 12channel and others. At present, 3-channel cardiac Holter monitors represent the most preferred product across the globe.

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For more information, click here: https://www.imarcgroup.com/cardiac-holter-monitor-market Market Segmentation by Component • • •

Holter Monitoring Devices Event Monitoring Devices Holter Analysis System and Software

On the basis of the component, the market has been segmented into Holter monitoring devices, event monitoring devices, and Holter analysis system and software. Holter monitoring devices currently account for the majority of the total market share.

Market Segmentation by End Users • • • •

Hospitals and Clinics Ambulatory Surgical Centers (ASCs) Homecare Others

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The market has been analyzed on the basis of the end user into hospitals and clinics, ambulatory surgical centers (ASCs), homecare, and others. Amongst these, hospitals and clinics exhibit a clear dominance in the market.

Market Segmentation by Region • • • • •

North America Europe Asia Pacific Middle East and Africa Latin America

Region-wise, North America represents the largest market for cardiac Holter monitors around the world. Other major markets include Europe, Asia Pacific, Latin America, and Middle East and Africa.

Browse Related Report Cardiac Biomarkers Market Report: https://www.imarcgroup.com/cardiac-biomarkers-market

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Medical Electrodes Market Report: https://www.imarcgroup.com/medical-electrodes-market Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players.

• • • • • • • • • • • •

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

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Medtronic Plc Hill-Rom Company, Inc. Mindray Medical International Limited BPL Medical Technologies

A partial List of

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