Holter Monitor Market Size, Trends, Growth, Outlook 2024-2033

"The new report published by The Business Research Company, titled Holter Monitor Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the holter monitor market size has grown strongly in recent years. It will grow from $0.93 billion in 2023 to $1.02 billion in 2024 at a compound annual growth rate (CAGR) of 9.5%. The holter monitor market size is expected to see strong growth in the next few years. It will grow to $1.48 billion in 2028 at a compound annual growth rate (CAGR) of 9.7%.

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Cardiovascular Disease Surge Boosts Holter Monitor Market Growth
The rising incidence of cardiovascular diseases is expected to propel the holter monitor market going forward. Cardiovascular disease refers to conditions that affect the heart or blood vessels, often leading to complications such as heart attacks or strokes. The incidence of cardiovascular disease is due to sedentary lifestyles, unhealthy dietary habits, rising obesity rates, and an aging population. Holter monitors are utilized in cardiovascular diseases for continuous monitoring of heart rhythms, aiding in diagnosing and managing conditions such as arrhythmias and ischemic events. For instance, in May 2023, according to the Centers for Disease Control and Prevention, a US-based national public health agency, the number of people who died from heart disease in the US increased from 690,882 in 2020 to 695,000 in 2021. Therefore, the rising incidence of cardiovascular diseases is driving the growth of the holter monitor market.

Technologically Advanced Devices For Revolutionizing Cardiac Monitoring
Major companies operating in the holter monitor market are focused on developing products with advanced technology that capture high-quality ECG recording. High-quality ECG (electrocardiogram) recording refers to the process of capturing accurate and reliable electrical signals of the heart, which are essential for diagnosing various cardiac conditions. For instance, in November 2023, Norav Medical, a Germany-based provider of innovative medical devices, launched the NR-314P Holter device. This innovative Holter device offers up to 14 days of continuous ECG recording in a lightweight 41g design. This compact device features 3-lead ECG technology, wireless connectivity, and seamless EHR/HIS systems integration via HL7 and DICOM. It supports uninterrupted daily activities with its rechargeable battery and water-resistant design. The NR-314P enhances patient care with advanced analysis capabilities. Additionally, it promotes user adherence to long-term monitoring with its water-resistant, lightweight design and rechargeable lithium polymer battery for uninterrupted ECG recording during everyday activities.

The holter monitor market covered in this report is segmented -

1) By Product Type: Wired, Wireless
2) By Channel Type: 3 Channel, 12 Channel, Other Channel Types
3) By Monitoring Capacity: Upto 7 Days, Above 7 Days
4) By End User: Hospitals, Specialty Cardiac Centers, Other End Users

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Major companies operating in the holter monitor market are Koninklijke Philips N.V., GE HealthCare Technologies, Baxter Laboratories Inc, Lepu Medical Technology(Beijing)Co Ltd, Fukuda Denshi Co Ltd, Bittium Corporation, BTL Corporate, iRhythm Technologies Inc., Schiller AG, Edan Instruments Inc, Contec Medical Systems Co Ltd, BPL Medical Technologies, ScottCare Corporation, EB Neuro S.p.A, Advanced Instruments Inc., Custo Med GmBH, ACS Diagnostics GmbH, Biotricity Inc, Nasiff Associates Inc, Cortrium ApS, Cardioline S.p.A., Labtech Ltd, Aspel SA, Borsam BioMedical Instruments Co. Ltd, AMEDTEC Medizintechnik Aue GmbH

Contents of the report:
1. Executive Summary
2. Holter Monitor Market Report Structure
3. Holter Monitor Market Trends And Strategies
4. Holter Monitor Market - Macro Economic Scenario
5. Holter Monitor Market Size And Growth
…..
27. Holter Monitor Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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