|01-14-2019 04:54 PM CET - Health & Medicine||
Sales Scenario of Holter ECG Monitoring Market to Remain Positive Through 2023
Press release from: Allied Market Research
PR Agency: Allied Market Research
Heart-associated disorders are 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 the 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.
According to a new report published by Allied Market Research 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.
• 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
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Key Benefits for Stakeholders:
•The study provides in-depth analysis with the current trends and future estimations of the global Holter ECG monitoring market to elucidate the imminent investment pockets.
•Comprehensive analysis of the factors that drive and restrict market growth is provided.
•The quantitative analysis provided to enable the stakeholders to capitalize on the prevailing market opportunities.
•Extensive analysis of key segments of the industry is provided to understand the different types of products used globally.
•Key players and their strategies are analyzed to understand the competitive outlook of the market.
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.
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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.
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This release was published on openPR.
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