Global Holter Monitors Market 2020-2025 - Emergence of Latest Generation Holter Monitors / Embracing Wireless Technology for Holter Monitors / Growing Popularity for Extended Holter Monitoring

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Nov 18, 2020, 10:00 ET

DUBLIN, Nov. 18, 2020 /PRNewswire/ -- The "Holter Monitors Market - Global Outlook and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.

In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Holter Monitors Market Report

The holter monitors market by revenue is expected to grow at a CAGR of over 8% during the period 2020-2025.

The global Holter monitors market is one of the fastest-growing segments of the ambulatory cardiac monitoring devices market. The market is growing significantly due to the growing incidence/prevalence of arterial fibrillation (AF) and associated risk of stroke and CVDs across the world.

The rising awareness among patients of continuous ECG recording and the increasing availability of several effective ambulatory monitoring devices is a major driver for market growth. The rapid rise in advanced monitoring devices that combine the benefits of continuous ECG recording while simultaneously allowing to perform day-to-day activities increases market growth.

Global Holter Monitors Market Segmentation

This research report includes a detailed segmentation by channels, monitoring capacity, end-user, geography. In 2019, the 3 channels segment accounted for the largest share with over 48%. 3 channels recording highly improves the efficiency of healthcare operations in hospitals and specialized cardiac centers. Multiple tracings with 3 channels devices could be run off, eliminating costly and time-consuming electrostatic copying. With the increasing burden of ambulatory ECGs in healthcare facilities, 3 channels Holter monitors have become crucial in improving operational efficiency, thereby driving the segment's growth.

The up to 7 days segment accounted for the maximum market share due to 7 days holters' accurate and effective clinical results for diagnosing arrhythmia and associated disorders. Arterial fibrillation (AF) screening after stroke with up to 7 days holter monitoring is a routine screening tool. The growing prevalence of arrhythmia, particularly AF, is associated with increased disability and mortality over the past few decades. Hence, to prevent the same, the demand for holters has been growing significantly over the decades. Due to their procedural success rates and the growing patient pool of cardiac diseases, many keys and other prominent players have developed advanced holter monitors with up to 7 days of recording capacities.

In 2019, the hospital end-user segment accounted for over 48% of the global Holter monitors market. Healthcare professionals in hospitals use these devices for monitoring symptoms associated with arrhythmia. The market is growing at a healthy rate due to the high adoption of the latest generation of holter monitors. The majority of patients with a high risk of heart disease prefer visiting hospitals for diagnosis and treatment due to advanced infrastructure facilities in major private and public hospitals.

Insights by Vendors

The global Holter monitors market is highly competitive and fragmented with global, regional, and local players offering a broad range of conventional and the latest holter monitors for end-users. GE Healthcare, Koninklijke Philips, iRhyhm Technologies, Hillrom, and BioTelemetry are the key vendors in the market. These companies have a wide geographic footprint, diversified product portfolio, and a strong focus on product innovation, strategic mergers & acquisitions, and R&D activities.

KEY QUESTIONS ANSWERED

1. What is the holter monitors market size and growth rate during the forecast period?
2. What are the factors impacting the growth of the holter monitors market share?
3. What is the growth of Asia Pacific holter monitors market share during the forecast period?
4. Who are the leading vendors in the market?

Key Topics Covered:

1 Research Methodology

2 Research Objectives

3 Research Process

4 Scope & Coverage
4.1 Market Definition
4.2 Base Year
4.3 Scope Of The Study
4.4 Markey Segments

5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation

6 Market at a Glance

7 Introduction
7.1 Holter Monitors: An Overview

8 Market Opportunities & Trends
8.1 Emergence Of Latest Generation Holter Monitors
8.2 Embracing Wireless Technology For Holter Monitors
8.3 Growing Popularity For Extended Holter Monitoring

9 Market Growth Enablers
9.1 Increasing Prevalence Of Cardiac Disorders
9.2 Increasing Adoption Of Ambulatory Heart Monitoring Devices
9.3 Increasing Focus Of Vendors On Inorganic Growth Strategies

10 Market Restraints
10.1 Availability Of Alternate Cardiac Monitoring Devices
10.2 Limitations Associated With Holter Monitors
10.3 Dearth Of Skilled Professionals

11 Market Landscape
11.1 Market Overview
11.2 Market Size & Forecast
11.3 Five Forces Analysis

12 Channel
12.1 Market Snapshot & Growth Engine
12.2 Market Overview
12.3 3-Channel Holter Monitors
12.4 12-Channel Holter Monitors
12.5 Others

13 Monitoring Capacity
13.1 Market Snapshot & Growth Engine
13.2 Market Overview
13.3 Up To 7 Days
13.4 Above 7 Days

14 End-User
14.1 Market Snapshot & Growth Engine
14.2 Market Overview
14.3 Hospitals
14.4 Specialty Cardiac Centers
14.5 Others

15 Geography
15.1 Market Snapshot & Growth Engine
15.2 Geographic Overview

Competitive Landscape

Prominent Vendors

GE Healthcare
Koninklijke Philips
iRhythm Technologies
Hillrom
BioTelemetry

Other Prominent Vendors

ACSDiagnostics
Advanced Instrumentations
AMEDTEC Medizintechnik Aue
ASPEL
Hangzhou Beneware Medical Equipment
Biomedical Instruments
Biotricity
Bittium
BPL Medical Technologies
Borsam Biomedical Instruments
BTL
CONTEC MEDICAL SYSTEMS
Cortrium
custo med
Oy Diagnostic Devices Development - DDD
dms-service
EB Neuro
EDAN Instruments
Forest Medical
FUKUDA DENSHI
Holter Supplies
Labtech
Lepu Medical
LUMED
medical ECONET
Medicomp
Meditech Kft.
Meditech Equipment
Midmark
MONITOR
Nasan Medical Electronics
Nasiff Associates
NEUROSOFT
Norav Medical
NorthEast Monitoring
Preventice Solutions
ScottCare Cardiovascular Solutions
SCHILLER
Shenzhen Biocare Bio-Medical Equipment
Spacelabs Healthcare
Suzuken Company
Trimpeks
TRISMED

For more information about this report visit https://www.researchandmarkets.com/r/c74262

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