Global Holter Monitor Market - Focused Insights 2024-2029

REPORT OVERVIEW

This report offers market size & forecast data for the global Holter monitor market. The revenue generated from the sale of commercial Holter monitors is included in the report. The procedural cost of Holter monitors is excluded from the report's scope. This report provides a comprehensive and current market scenario of the global Holter monitor market, including the global Holter monitor market size, anticipated market forecast, relevant market segmentations, and industry trends.

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.

MARKET DEFINITION

A Holter monitor is a battery-operated portable electrocardiogram device that measures and records the heart's activity for 24 to 48 hours or longer, depending on the type of monitoring used. A Holter monitor helps continuously record the heart's rhythm, helping detect irregular heart rhythms (arrhythmias).

KEY HIGHLIGHTS

• 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 demand for Holter monitors is rising due to multiple factors, including the rising prevalence of arrhythmia and associated cardiac and vascular diseases, increasing awareness in patients regarding continuous ECG recording, and the increasing availability of several effective ambulatory monitoring devices.
• In 2023, North America accounted for a significant revenue share of 39.03%. It was the largest market, followed by Europe (29.87%), APAC (22.28%), Latin America (5.52%), and then Middle East and Africa (3.31%) in the global Holter monitor market.
• By Channel type segmentation, the Holter monitor with three channels segment accounted for the highest share of 49.06% in 2023 and is projected to grow at the CAGR of 8.68% during the forecast period. Factors such as the commercial availability of holter monitors with three channels and the increasing burden of ambulatory ECGs in healthcare facilities are propelling the segment's growth.
• In end-user segmentation, the hospitals' segment accounted for the highest share of 48.28% in 2023 and is projected to grow at the CAGR of 8.18% during the forecast period. This dominance can be attributed to the high adoption of the latest holter monitor devices and the increase in the elderly population and patients with Atrial Fibrillation (AF).

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

REPORT HIGHLIGHTS

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 Arizton