Press release
Global Holter Monitor Market 2022 Projection, Growth Rate and Emerging Trends Analysis to 2030
A New Market study by Absolute Markets Insights on the Global Holter Monitor Market Report offers an in-house analysis of global economic conditions and related economic factors and indicators to evaluate their impact on the Holter Monitor market historically to propose a tentative future scenario and current growth traits. This detailed report on Holter Monitor market largely focuses on prominent facets such as product portfolio, payment channels, service offerings, applications, in addition to technological sophistication.In terms of revenue, the global holter monitor market was valued at US$ 452.32 Mn in 2021 growing at a CAGR of 9.56% over the forecast period (2022 - 2030).
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The global holter monitor market is projected to be driven by the increasing prevalence of cardiovascular diseases across the globe. It is a leading cause of death and according to WHO, around 17.9 million people died due to cardiovascular diseases (CVD) in the year 2019. This rising burden of CVD has raised the demand for holter monitoring devices. Holter monitoring devices have been shown to be effective in detecting and monitoring cardiac arrhythmias. These devices allow for sustained monitoring of heart rhythm for periods ranging from a few days to several months, thus enabling in detection of infrequent arrhythmias in patients of all ages. Additionally, technological advancements in holter monitoring devices have revolutionized and enhanced the clinical outcome of ambulatory ECG procedures. With rising geriatric population and increasing cases of atrial fibrillation, the holter monitor market is expected to exhibit tremendous demand. As per an estimation, around 6-12 million people worldwide are likely to suffer from atrial fibrillation in the U.S. by 2050 as compared to 17.9 million people by 2060 in Europe.
Increasing investment in the product development and product launch by key players to strengthen their market position is propelling the growth of global holter monitor market. For instance, in November 2020, VitalConnect Lanched VitalPatch RTM cardiac monitoring solution for patients who required extended holter monitoring. It monitors 21 cardiac arrhythmias through a unique AI-based ECG analysis solution and captures data on four key vital signs, providing a more complete view of a patient's condition.
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Major Market Players Profiled in the Holter Monitor Market Report include:
ACS Diagnostics
Apollo Homecare
Biotricity
Bittium
Contec
EDAN Instruments, Inc.
General Electric Company
Koninklijke Philips N.V.
SCHILLER Healthcare India Pvt. Ltd.
ScottCare
Other Market Participants
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Our 420+ Pages Report titled, Holter Monitor Market will include extensive information on the following pointers:
Global market size and forecast values (2015 - 2030), in terms of revenue (US$ Million) and volume (Kilotons) by segments/sub-segments
Split of the market revenue (US$ Million) and Volume (Kilotons) into all the relevant segments & sub-segments across all major regions/countries.
Years Considered (2015 - 2030)
(Historic Years: 2015 - 2020
Base Year: 2021
Forecast Years: 2022 - 2030)
Market determinants and Influencing Factors
Market Dynamics (Drivers, Restraints, Opportunities and Trends)
Analysis on Impact of Covid-19 on Global Holter Monitor Market
Macro-Economic and Micro-Economic Indicators
Porter's Five Forces Analysis
Regulatory Landscape
PESTEL Analysis
Competitive Benchmarking: Global Presence and Growth Strategies
(Mergers and Acquisitions
Product Launches
Investments Trends
R&D Initiatives)
Market Share Analysis, 2021
Detailed profiles of major market participants operating in the market, encompassing information pertaining to Company Details, Company Overview, Product Offerings, Key Developments, Financial Analysis, SWOT Analysis and Business Strategies
Region specific report, including North America, Europe, Asia Pacific, Middle East & Africa and Latin America, can also be provided.
The reports can be provided in different languages including German, Korean, Arabic, Russian, French, Japanese, Spanish, Chinese and other languages.
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Global Holter Monitor Market Segmentation:
By Offering
Products
Services
By Sales Channel
Online
Offline
By End-User
Individuals
Healthcare Facilities
Geriatric Care Centres
Others
By Type
3 Channel Monitors
12 Channel Monitors
Others
By Region
North America [U.S., Canada, Mexico]
Europe [Germany, UK, France, Italy, Rest of Europe]
Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]
South America [Brazil, Argentina, Rest of Latin America]
Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]
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