Holter ECG Monitoring Market to Surge at a Robust Pace by 2023 With Top Key Players Such as Royal Philips Healthcare (Koninklijke Philips N.V.), Nihon Kohden Corporation, Medtronic Plc, Fukuda Denshi Co Ltd.

According to a new report published by Allied Market Research, titled, Holter ECG Monitoring Market by Component, Lead Type, and End User: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global holter ECG monitoring market was valued at $226.5 million in 2016 and is projected to reach $418.3 million by 2023, growing at a CAGR of 9.1% from 2017 to 2023. The holter ECG monitoring-mounted design segment accounted for half of the total market share in 2016.

Heart-associated disorders is the leading cause of death worldwide, with the evidence of approximately 2,200 men and women succumb to cardiovascular diseases every year, which has surpassed all forms of cancer-related deaths combined so far in the U.S. alone. Thus, combating the problem of increase in incidence of heart diseases has become the focus of the medical community over the years. This demands continuous monitoring of heart rhythm, which attracts several manufacturers to introduce advanced holter monitors in the market.

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Pocket size holter monitors have gained immense traction over the years, which contributes to the growth of the market. Clinicians around the globe are known to face the most compelling challenges in reducing cardiovascular deaths, one of which is the identification of patients that are at highest risk for sudden cardiac death. It is essential that the patients susceptible to sudden cardiac deaths can be detected as early as possible to start with the suitable therapies and prevention measures. This is where holter monitoring plays a pivotal role; it records the ECG values during the day and night phases, which is essential for a safe diagnosis and therapy control.

Key Findings of the Holter ECG Monitoring Market :

• The wired holter monitors segment has dominated the global market in 2016 and is expected to maintain this dominance throughout the forecast period.

• 6 lead holter monitors have garnered second largest revenue among the lead types in 2016 and is expected to maintain this trend throughout the forecast period.

• North America dominated the global holter ECG monitoring market, accounting for maximum share in 2016, and is expected to retain the same trend during the forecast period.

• Home settings & ambulatory surgical centers (ASCs) is estimated to exhibit the highest CAGR of 9.3% from 2017 to 2023 among the end users in the global market.

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Asia-Pacific region is expected to witness the highest growth rate throughout the forecast period. The region offers lucrative opportunities for players that operate in the holter ECG monitoring market, due to its high population base, increase in disposable incomes, and improvement in patient awareness towards preventive care of cardiovascular diseases. In addition, countries such as India and China serve as the major contributors, as the holter ECG monitoring market is continuously evolving in these countries.

Top Key Players :

• GE Healthcare (General Electric Company)
• Royal Philips Healthcare (Koninklijke Philips N.V.)
• Nihon Kohden Corporation
• Medtronic Plc
• Fukuda Denshi Co Ltd.
• Hill-Rom Company Inc. (Welch Allyn)
• Schiller AG
• Mindray Medical International Limited
• BPL Medical Technologies.

Table Of Content :


Chapter: 1: INTRODUCTION

1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models

Chapter: 2: EXECUTIVE SUMMARY

2.1. CXO perspective

Chapter: 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings

3.2.1. Top investment pockets

3.3. Porter’s five forces analysis
3.4. Market share analysis, 2016
3.5. Market dynamics

3.5.1. Drivers

3.5.1.1. Soaring demand for home & point of care testing
3.5.1.2. Increase in the transition towards preventive healthcare
3.5.1.3. Upsurge in aging population susceptible to cardiac abnormalities

3.5.2. Restraints

3.5.2.1. Unfavorable economic conditions and market saturation
3.5.2.2. Lack of trained professionals performing Holter ECG monitoring

3.5.3. Opportunity

3.5.3.1. Significant developments regarding digital holter monitoring

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