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Cardiac Holter Monitor Market is projected to reach USD 577 million by 2031 - ScottCare Corporation, Medtronic Plc & GE Healthcare.

09-12-2024 02:59 PM CET | Consumer Goods & Retail

Press release from: DataM Intelligence 4market Research LLP

Cardiac Holter Monitor Market || 2024-2031

Cardiac Holter Monitor Market || 2024-2031

The cardiac Holter monitor market was valued at USD 411 million in 2022 and is projected to reach USD 577 million by 2031, growing at a CAGR of 5.4% during the forecast period from 2024 to 2031.

ECG Holter monitors are portable devices used for continuous monitoring of the heart's electrical activity over an extended period, typically 24 to 48 hours or longer. These monitors are worn by patients to detect irregular heart rhythms and other cardiac conditions that may not be captured during a standard resting ECG. They are especially useful for diagnosing arrhythmias, assessing heart rate variability, and evaluating the effectiveness of cardiac treatments in real-world, daily activities.

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Market Dynamics:

Rising prevalence of cardiovascular diseases drives the growth of the market.

Angioplasty is commonly recommended for the treatment of peripheral vascular disorders. This procedure involves using a cardiac catheter to examine the affected artery, reopen it, and flatten any blockages along the artery wall. According to the American Heart Association, cardiovascular disease (CVD) was the leading cause of death in the U.S. in 2020, affecting approximately 92.1 million Americans-surpassing cancer and other chronic conditions.

One of the significant challenges in developing countries is the rapidly growing elderly population, which is expected to lead to an increase in chronic diseases among seniors, such as aortic disease, venous thromboembolism, and peripheral arterial disease. According to the Centers for Disease Control and Prevention (CDC), in 2020, more than 19.1% of the global senior population aged 55 to 65 had peripheral vascular disease, affecting about 27% of men and over 21% of women. The Asia-Pacific region has the highest concentration of older adults, and their numbers are increasing at an unprecedented rate.

Market Segmentation:

By Product Type: 1-Channel, 2-Channel, 3-Channel, 12-Channel, Others.

By Components: Wireless Holter, Wired Holter, Holter Analysis System & Software.

By End-User: Hospitals, Ambulatory Surgical Centers, Clinics, Homecare Settings.

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Major Key Players:

• ScottCare Corporation
• Medtronic Plc
• GE Healthcare
• Spacelabs Healthcare
• FUKUDA DENSHI CO.LTD
• Nasiff Associates, Inc
• Biomedical Instruments Co., Ltd
• Schiller AG
• BTL
• Koninklijke Philips N.V

*Note:

• Additionally, I wanted to highlight that the full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted.

Related Reports:

Cardiac Output Monitors Market: https://datamintelligence.com/research-report/cardiac-output-monitors-market

Cardiac Monitoring Devices Market: https://datamintelligence.com/research-report/cardiac-monitoring-devices-market

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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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