Market Research Report
Holter ECG Monitoring Market by Component, Lead Type, and End User (Hospital & Clinic, Home Setting & Ambulatory Surgical Center, and Others) - Global Opportunity Analysis and Industry Forecast, 2017-2023
|Published by||Allied Market Research||Product code||648117|
|Published||Content info||250 Pages
Delivery time: 1-2 business days
|Holter ECG Monitoring Market by Component, Lead Type, and End User (Hospital & Clinic, Home Setting & Ambulatory Surgical Center, and Others) - Global Opportunity Analysis and Industry Forecast, 2017-2023|
|Published: May 1, 2018||Content info: 250 Pages||
Holter monitors are devices that allow prolonged monitoring of heart rhythm from a few days to several months, enabling the detection of infrequent arrhythmias in patients. In addition, holter monitors help identify ventricular tachycardia (VT) in patients with recognized risk of sudden cardiac death. Portability of holter monitors significantly propel the market growth as they can be easily worn by the patients to record heart activity for a certain period of time. The global holter ECG monitoring market was valued at $226.5 million in 2016 and is expected to reach $418.3 million by 2023, registering a CAGR of 9.1% from 2017 to 2023.
Considerable rise in the incidence of cardiovascular diseases, increase in prevalence of heart stroke, growth in the number of patients suffering from hypertension, and obesity contribute to the market growth. In addition, rise in the technological advancements and rise in awareness about feasible use of these devices are the key factors that drive the market growth. However, lack of trained professionals, inappropriate health care infrastructure, and unsteady reimbursement policies are expected to hamper the market growth. Moreover, advanced holter monitors with better sensitive algorithms for automatic detection of arrhythmias is expected to create tremendous growth opportunities for the market in near future.
The global holter monitoring market is categorized based on component, lead type, and end user. Based on component, it is segmented into wired holter monitor, wireless holter monitor, and holter analysis system & software. Based on lead type, it is classified into patch type 1 lead holter monitor, 3 lead holter monitor, 6 lead holter monitor, 12 lead holter monitor, and others. Based on end user segment, it is classified into hospital & clinic, home setting & ambulatory surgical center (ASCS), and others. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.