DUBLIN, Nov. 10, 2023 /PRNewswire/ — The “Global Holter Monitor Market – Focused Insights 2024-2029” report has been added to ResearchAndMarkets.com’s offering.
The global Holter Monitor market was valued at $742.61 million in 2023 and is expected to reach $1,208.08 million by 2029, growing at a CAGR of 8.45%.
The study considers a detailed scenario of the present global Holter monitor market and its market dynamics for 2024-2029. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent players operating in the market.
The global Holter monitor market is experiencing growth driven by various factors, including the increasing prevalence of arrhythmia and related cardiac and vascular diseases, rising patient awareness about continuous ECG monitoring, and the availability of effective ambulatory monitoring devices. In 2023, North America held the largest market share at 39.03%, followed by Europe, APAC, Latin America, and the Middle East and Africa.
Among the different channel types, the Holter monitor with three channels dominated the market in 2023, accounting for 49.06% of the market share. This segment is expected to continue growing at a CAGR of 8.68% during the forecast period, primarily due to the commercial availability of three-channel Holter monitors and the increasing demand for ambulatory ECG monitoring in healthcare settings.
In terms of end-users, hospitals accounted for the largest share of 48.28% in 2023 and are projected to grow at a CAGR of 8.18% during the forecast period. This growth is driven by the widespread adoption of advanced Holter monitor devices in hospitals, coupled with the growing aging population and the prevalence of conditions like Atrial Fibrillation (AF) that require continuous ECG monitoring.
VENDORS LIST
GE Healthcare
Koninklijke Philips N.V.
iRhythm Technologies
Hill-Rom Holdings Inc (Baxter)
Nihon Kohden Corp
Fukuda Denshi Co Ltd
ACS Diagnostics
Advanced Instrumentations
AMEDTEC Medizintechnic Aue
Aspel SA
Hangzhou Beneware Medical Equipment
BioMedical Instruments
Biotricity
Bittium
BPL Medical Technologies
Borsam BioMedical Instruments
BTL Corporate
Contec Medical Systems
Diagnostic Devices Development
Cortrium ApS
Custo Med GmBH
DMS Services
EB-Neuro
EDAN Instruments Inc
Medtronic plc
LEPU Medicals
Labtech Ltd
Forest Medical LLC
Medicomp Inc
LUMED srl
Medical ECONET
NeuroSoft
MIDMARK
NASAN Medical Electronics
Norav Medical
NorthEast Monitor
Schiller
SPACELABS Healthcare
Trimpeks
Livetech GmBH & many others
PRODUCT SEGMENTATION & FORECAST
Channel type
3 Channels
12 Channels
Others
Monitoring Capacity
Up to 7 days
Above seven days
End-user type
Hospitals
Specialty Cardiac Centers
Others
Product type
Wired Holter Monitors
Wireless Holter Monitors
MARKET STRUCTURE
Market Dynamics
Competitive Landscape of the Holter Monitor Market
Key Vendors
Other Prominent Vendors
APPENDIX
Research Methodology
Abbreviations
About the Analyst
For more information about this report visit https://www.researchandmarkets.com/r/m5om52
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SOURCE Research and Markets
