Cardiac Holter Monitor Market 2022-2028

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Title:Global Cardiac Holter Monitor Market Size, Share & Trends Analysis Report By Product Type (Wired Holter Monitor, Wireless Holter Monitor, Holter Analysis Systems and Software), and By End-User (Hospital and Clinic, Diagnostic Center, and Others) Forecast Period (2022-2028).

The global cardiac Holter monitor market is anticipated to grow at a substantial CAGR of 7.0% during the forecast period. The cardiac Holter monitor is a portable electrocardiogram (ECG) which records the electrical activity of the heart continuously over 24 hours or longer. One of the major factors driving the growth of the market are technological advancements and the increased need for preventative and diagnostic healthcare. The advances in these devices have augmented the accuracy and speed of diagnosis. This has made devices more comfortable to wear, smaller, and easier to use. Traditionally, ECG devices are large and bulky which becomes portable today. Innovations in these devices enable to offer more complete, timely and quality care to the patients. One major innovation includes Zio monitor by iRhythm Technologies which is designed to be effortless to wear and It's small enough for patients to wear while exercise, showering, and sleeping. Its new design is more than 50% lighter than the current generation and includes a new breathable and waterproof outer layer.

The global cardiac Holter monitor market is segmented on product type and end-user. Based on product type, the market is segmented into wired Holter monitor, wireless Holter monitor, and Holter analysis systems and software. Based on end-user, the market is classified into the hospital and clinic, diagnostic center, and others.. On the basis of product type, the Holter analysis systems and software segment is anticipated to hold considerable share in the market. In recent years, Holter analysis systems and software has become extremely advanced. These systems are able to record, analyze, diagnose, and communicate quickly and accurately assisting doctors with much easier diagnosis. Analysis software are able to generate Holter monitoring reports quickly and accurately and offer advanced reporting capabilities through smart ECG algorithms. Some examples of useful Holter monitoring software provided by market players are: Phillips Holter Analysis Software, GE MARS ECG Holter Software and Master 9 from Applied Cardiac Systems (ACS).

Geographically market is segmented into: North America, Europe, Asia-Pacific, and the Rest of the World. Asia-Pacific is estimated to hold considerable share during the forecast period owing to the rising incidences of CVD coupled with sedentary lifestyle habits and increasing awareness regarding cardiac disorders. The increasing number of multi-specialty hospitals and a significant rise in the adoption of wearable health monitoring devices are further anticipated to drive the market growth in the region.

The major companies serving the global cardiac Holter monitor market include BioTelemetry, Inc., Hill-Rom Services, Inc., General Electric Co., Koninklijke Philips N.V., and iRhythm Technologies, Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, Biotricity, Inc. which is a medical diagnostic and consumer healthcare technology company announced that it will officially launch the commercial sales of its FDA cleared, wireless wearable cardiac monitoring device, Biotres, in April 2022. The product has already been available for pre-orders to physicians, medical offices, hospitals and individual use since late-February 2022.

Research Methodology

The market study of the global cardiac Holter monitor market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives as possible, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include:

Financial reports of companies involved in the market.

Whitepapers, research papers, and news blogs.

Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

Global Cardiac Holter Monitor Market Research and Analysis by Product Type.
Global Cardiac Holter Monitor Market Research and Analysis by End User.

The Report Covers:

Comprehensive research methodology of the global cardiac Holter monitor market.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global cardiac Holter monitor market.
Insights about market determinants that are stimulating the global cardiac Holter monitor market.
Detailed and extensive market segments with the regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.

Product Code: OMR2026632

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
Impact of COVID-19 on the Global Cardiac Holter MonitorMarket
Recovery Scenario of Global Cardiac Holter MonitorMarket
1.1. Research Methods and Tools
1.2. Market Breakdown
- 1.2.1. By Segments
- 1.2.2. BY Region

2. Market Overview and Insights

2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Findings
- 2.2.2. Recommendations
- 2.2.3. Conclusion

3. Competitive Landscape

3.1. Key Company Analysis
3.2. BioTelemetry, Inc. (a Philips Company)
- 3.2.1. Overview
- 3.2.2. Financial Analysis
- 3.2.3. SWOT Analysis
- 3.2.4. Recent Developments
3.3. C Hill-Rom Holdings, Inc.
- 3.3.1. Overview
- 3.3.2. Financial Analysis
- 3.3.3. SWOT Analysis
- 3.3.4. Recent Developments
3.4. General Electric Co.
- 3.4.1. Overview
- 3.4.2. Financial Analysis
- 3.4.3. SWOT Analysis
- 3.4.4. Recent Developments
3.5. Koninklijke Philips N.V.
- 3.5.1. Overview
- 3.5.2. Financial Analysis
- 3.5.3. SWOT Analysis
- 3.5.4. Recent Developments
3.6. iRhythm Technologies, Inc.
- 3.6.1. Overview
- 3.6.2. Financial Analysis
- 3.6.3. SWOT Analysis
- 3.6.4. Recent Developments
3.7. Key Strategy Analysis
3.8. Impact of Covid-19 on Key Players

4. Market Segmentation

4.1. Global Cardiac Holter Monitor Market by Product Type
- 4.1.1. Wired Holter Monitor
- 4.1.2. Wireless Holter Monitor
- 4.1.3. Holter Analysis Systems and Software
4.2. Global Cardiac Holter Monitor Market by End-User
- 4.2.1. Hospital and Clinic
- 4.2.2. Diagnostic Center
- 4.2.3. Others (Homecare)

5. Regional Analysis

5.1. North America
- 5.1.1. United States
- 5.1.2. Canada
5.2. Europe
- 5.2.1. UK
- 5.2.2. Germany
- 5.2.3. Italy
- 5.2.4. Spain
- 5.2.5. France
- 5.2.6. Rest of Europe
5.3. Asia-Pacific
- 5.3.1. China
- 5.3.2. India
- 5.3.3. Japan
- 5.3.4. South Korea
- 5.3.5. Rest of Asia-Pacific
5.4. Rest of the World

6. Company Profiles

6.1. ACS Diagnostics, Inc.
6.2. BORSAM Biomedical Instruments CO., Ltd
6.3. BPL Medical Technologies Private Ltd.
6.4. CompuMed, Inc.
6.5. Cortrium
6.6. Fukuda Denshi Co., Ltd.
6.7. Hemodynamics Company LLC
6.8. Hill-Rom Holdings, Inc.
6.9. InfoBionic, Inc
6.10. Medicomp Inc.
6.11. Meditech Group
6.12. Midmark Corp.
6.13. Nasan Medical Electronics Pvt. Ltd.
6.14. Nihon Kohden Corp.
6.15. Preventice Solutions, Inc.
6.16. Recorders & Medicare Systems P Ltd
6.17. Schiller AG
6.18. ScottCare Cardiovascular Solutions
6.19. TZ Medical