Market Research Report
Holter ECG Monitoring Market by Component, Lead Type, and End User (Hospitals & Clinics, Home Settings & Ambulatory Surgical Centers, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030
|Holter ECG Monitoring Market by Component, Lead Type, and End User (Hospitals & Clinics, Home Settings & Ambulatory Surgical Centers, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030|
Published: February 14, 2022
Allied Market Research
Content info: 230 Pages
Delivery time: 2-3 business days
The global Holter ECG monitoring market was valued at $320.81 million in 2020, and is projected to reach $696.67 million by 2030, registering a CAGR of 8.4% from 2021 to 2030.
Holter monitor is device, which facilitates prolonged monitoring of heart rhythm from a few days to several months, enabling the detection of infrequent arrhythmias in patients. In addition, Holter aids in detecting ventricular tachycardia (VT) in patients with recognized risk of sudden cardiac death. Portability of Holter monitors has significantly propelled the market growth, as they can be easily worn by the patients to record heart activity continuously for a certain period of time.
Rise in the geriatric population, increase in prevalence of heart stroke, surge in number of patients suffering from hypertension, and upsurge in prevalence of obesity gave significantly contribute towards the growth of the global Holter ECG monitoring market. In addition, technological advancements and growth in awareness about feasible use of these devices are the key drivers of the market. However, lack of trained professionals, inappropriate healthcare infrastructure, and unsteady reimbursement policies are expected to hamper the market growth. On the contrary, advanced Holter monitors with enhanced sensitive algorithms for automatic detection of arrhythmias are expected to create lucrative opportunities for the market growth in the near future.
The Holter ECG monitoring market is segmented on the basis of component, lead type, end user, and region. On the basis of component, the market is categorized into wired Holter monitors, wireless Holter monitors, and Holter analysis systems & software. On the basis of lead type, it is classified into patch type single lead Holter monitors, 3 lead Holter monitors, 6 lead Holter monitors, 12 lead Holter monitors, and others. On the basis of end user, it is categorized into hospitals & clinics, home settings & ambulatory surgical centers (ASCS), and others. On the basis of region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.