Holter ECG Market Extensive Industry Analysis, Growth Rate, Segmentation, Investment Opportunities and Top manufacturers 2028

The global Holter ECG Market is expected to grow from US$ 757.26 million in 2022 to US$ 1,215.76 million by 2028; it is estimated to grow at a CAGR of 8.2% from 2022 to 2028.

The growth of the market is attributed to the rising incidence of cardiovascular diseases (CVDs). However, the lack of skilled professionals leading to inaccurate Holter ECG analysis is hindering the market growth.

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Analysis of the Top Market Players:

1. DENSHI
2. General Electric Co
3. EB Neuro SPA
4. Koninklijke Philips NV
5. Viatom Technology Co., Ltd.
6. Nihon Kohden Corp
7. INNOMED MEDICAL ZRT
8. OSI Systems, Inc.
9. Hill Rom Holding Inc. (Baxter)
10. custo med GmbH.

In this report, the market has been segmented on the basis of:

Component (Products, Software & Solutions, Services, and Accessories)
Application (Diagnostics and Monitoring)
Indication (Atrial Fibrillation (AF), Cardiac Arrest, Patients with Pacemakers, and Others), Channel (3 Channel ECG System, 5,6 & 7 Channel ECG System, 12 Channel ECG System, and Others)

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According to the World Economic Forum report, the proportion of people aged 65 and over has increased drastically in the past two decades. The Physical Review (PR) 2023 report states that Southern Europe, which includes countries such as Greece, Italy, Malta, Portugal, Croatia, Serbia, Slovenia, and Spain, is the oldest region in the world-accounting for 21% of the population aged over 65. Also, the Organization for Economic Cooperation and Development (OECD) reveals that the proportion of the population over 80 years in developed EU countries will double by 2050. Further, physiological aging of the heart is a major cause of CVD in aging adults due to increased oxidative stress and inflammation.

Likewise, in the American Heart Association, Inc. (AHA) 2019, Heart Disease and Stroke Statistical Update, the incidence of cardiovascular disease (CVD) were reported to be 77.2% in males and 78.2% in females, from ages 60-79 years. Furthermore, the incidence of CVDs was reported to be 89.3% in males, and 91.8% in females, in adults above 80 years of age.

Age is a prominent risk factor in the development of CVDs. Physiological aging of the heart is a major causative factor in the onset and manifestation of CVD in aging adults due to increased oxidative stress and inflammation. Thus, the rise in the geriatric population increases the demand for Holter ECG monitors, thereby fueling the market growth globally.

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This release was published on openPR.