Global Holter Monitoring Systems Market Size Projected To Advance At A CAGR Of Almost 8.64% From 2024–2032
The global holter monitoring systems market size was worth around USD 448.8 million in 2023 and is predicted to grow to around USD 936.7 million by 2032 with a compound annual growth rate (CAGR) of roughly 8.64% between 2024 and 2032
As per Zion Market Research, the global Holter monitoring systems market is estimated to develop at a CAGR of 8.64% during 2024–2032. A large number of people suffer from heart disorders around the world. They are not attentive to high blood pressure as hypertension mostly goes unnoticed at the initial stages. It leads to the surged occurrence of heart attack or stroke. This factor has resulted in a need for heartbeat monitoring at usual intervals. The Holter monitoring system relates to constant monitoring of ECG (electrocardiography), normally for 24 hours, whilst the individual continues with her normal daily activities. Holter monitoring is exceedingly useful in identifying irregular heart rhythms.
These systems are equipped with a portable recorder, are small in size and are worn over the shoulder with a band. The foremost functions of Holter monitoring systems are diagnosing abnormal heart rhythms and evaluating recurring symptoms, like palpitations, fainting, and dizziness. Moreover, the Holter monitoring systems aid in assessing treatments, like pacemakers and medications that control abnormal heart rhythms.
Some of the prominent players in the market are Koninklijke Philips N.V., General Electric Company, BPL Medical Technologies, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Schiller, Midmark Corp., Fukuda Denshi, Hill-Rom Services Inc., Nihon Kohden Corporation, and Medtronic.
Massive Demand For Holter Monitoring Systems Due To Rising Geriatric Population To Boost The Global Market
Factors such as augmenting the geriatric population globally that is extremely vulnerable to cardiovascular diseases are likely to generate the massive demand for Holter monitoring systems over the forecasted period. Furthermore, the shift in focus to preventive care from effective treatment has surged the adoption of Holter monitoring systems in medical settings. For years, tiny Holter monitoring systems have earned remarkable attraction, which has contributed to the overall expansion of the global Holter monitoring systems market. Clinicians and physicians are anticipating Holter monitoring systems to concur and decrease the casualties caused by cardiovascular disorders.
The global Holter monitoring systems market is bifurcated on the account of product type, end-user, and regional analysis. Based on the product type, the market is divided into Holter monitoring devices, Holter monitoring software, and event monitoring devices. Based on the end-user, the market is divided into diagnostic centers, hospitals, ambulatory surgical centers, and clinics.
North America Region To Dominate The Global Holter Monitoring Systems Market
Based on geographical analysis, the global Holter monitoring systems market is divided into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. The market across the North American region dominated the global Holter monitoring systems owing to aspects like the surging prevalence of cardiovascular diseases and augmenting demand for enhanced healthcare facilities, making the healthcare industry take on innovative and advanced medical devices to make sure improved medical care. This has advanced the demand for better patient monitoring devices. Nevertheless, the health care facilities in the developed and developing countries in the Asia Pacific region lack suitable healthcare infrastructure and skilled staff, which is impacting the Holter monitoring systems market in the region.
Holter Monitoring Systems Market: Competitive Analysis
The global holter monitoring systems market is dominated by players like:
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
- aramco Philips N.V.
- Nihon Kohden America
- General Electric Company
- Midmark Corporation
- BPL Medical Technologies Pvt Ltd
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
- Bill Schiller
- Fukuda Denshi USA
- Hill-Rom Services, Inc.
- Medtronic
The global Holter monitoring systems market is segmented as follows:
By Product Type
- Holter monitoring devices
- Holter monitoring software
- Event monitoring devices
By End-User
- Clinics
- Hospitals
- Diagnostic centers
- Ambulatory surgical centers
By Region
- North AmericaThe U.S.Canada
- EuropeFranceThe UKSpainGermanyItalyRest of Europe
- Asia PacificChinaJapanIndiaSouth KoreaSoutheast AsiaRest of Asia Pacific
- Latin AmericaBrazilMexicoRest of Latin America
- Middle East & AfricaGCCSouth AfricaRest of Middle East & Africa
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