Cardiac Holter Monitor Market To Reach US$ 606.8 Million By 2028 | IMARC Group

PRESS RELEASE

Published March 20, 2023

IMARC Group’s latest research report, titled “Cardiac Holter Monitor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the global cardiac holter monitor market size reached US$ 435.6 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 606.8 Million by 2028, exhibiting a growth rate (CAGR) of 5.39% during 2023-2028.

A cardiac Holter monitor refers to a battery-operated electrocardiography (ECG) device which aids in measuring and recording the activity of the heart for 24 to 48 hours. It has been classified into 1-channel, 2-channel, 3-channel, 12-channel, and others. In addition, the Holter monitor comprises software that interprets the recorded data and ultimately assists the doctor in determining if the heart is getting adequate oxygen and diagnosing conditions related to irregular cardiac rhythms, including arrhythmia, tachycardia, and atrial fibrillation. Consequently, these attributes of Holter monitor are driving its demand across the globe.

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Cardiac Holter Monitor Market Growth and Development:

The growing prevalence of cardiac blockages and arrests has been witnessed globally, on account of the inflating urbanization levels, hectic work schedules, and the rising consumption of fast food, which has escalated the demand for technologically advanced devices that help in diagnosing health problems accurately, is primarily augmenting the cardiac Holter monitor market. Furthermore, government bodies in numerous countries are funding to create more awareness among individuals about different cardiovascular disorders, their prevention, and treatment, which is positively influencing the global market. Apart from this, the shifting consumer preferences toward minimally invasive diagnostic tools and preventive healthcare devices are also bolstering the market growth. Moreover, the introduction of innovative and miniaturized products by manufacturers that offer enhanced convenience is further catalyzing the global market. Besides this, the increasing expenditure on healthcare facilities is also driving the market growth. Additionally, the widespread adoption of these Holter monitor devices in hospitals and clinics, ambulatory surgical centers (ASCs), homecare, and others is expected to drive the cardiac Holter monitor market in the coming years.

Key Players Included in Global Cardiac Holter Monitor Market Research Report:

The ScottCare Corporation
GE Healthcare
Spacelabs Healthcare
Fukuda Denshi Co., Ltd
Nasiff Associates, Inc
Koninklijke Philips N.V
Biomedical Instruments Co., Ltd
Schiller
BTL
LifeWatch AG
Welch Allyn
Nihon Kohden Corporation
Medtronic Plc
Hill-Rom Company, Inc
Mindray Medical International Limited
BPL Medical Technologies

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Key Market Segmentation:

Breakup by Product Type:

1-Channel
2-Channel
3-Channel
12-Channel
Others

Breakup by Component:

Holter Monitoring Devices
Event Monitoring Devices
Holter Analysis System and Software

Breakup by End User:

Hospitals and Clinics
Ambulatory Surgical Centers (ASCs)
Homecare
Others

Breakup by Region:

North America (United States, Canada)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

Market Performance (2017-2022)
Market Outlook (2023-2028)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

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