Published: Apr, 2018

Cardiac Holter monitors are utilized for the purpose of recording electrical activities of the heart. The device is operational on small batteries so as to record rhythm of heart for 24 to 48 hours. The holter monitor device comprises a recorder and software. The recorder is used for the purpose of recording the heart’s rhythm and the software is utilized for the purpose of interpretation of the recorded data. The cardiac holter monitor is most used for the purpose of diagnosis and analysis of bradycardia, atrial, fibrillation, and cardiac arrhythmia. Increase in government funding so as to create awareness about various cardiovascular disorders and its prevention, investments in research and development of advanced diagnostic devices, and shift of population towards preventive healthcare are the significant drivers of the said market.

A few of the important market players that are operating in the world market for cardiac holter monitor are The ScottCare Corporation, GE Healthcare, Spacelabs Healthcare, FUKUDA DENSHI, Nasiff Associates, Inc., Koninklijke Philips N.V., Biomedical Instruments Co., Ltd., Schiller, BTL, LifeWatch AG, and Welch Allyn.

In accordance with TMR, the international market for cardiac holter monitor was to be worth around US$ 293.8 mn in the year 2015 and is expected to attain a market valuation of around US$ 518.9 mn by the end of 2024, thereby expanding at a growth rate of around 6.6% CAGR from the year 2016 to the year 2024.

cardiac holter monitor marketNorth America to Lead the Market During the Forecast Period

Regionally, the world market for cardiac holter monitor market is divided into the Middle East and Africa, Latin America, Europe, North America, and Asia Pacific. North America holds lion’s share of the world market for cardiac holter in the year 2015, owing to increasing preference of patients towards minimally invasive diagnostic tools and better funding from government for the treatment of cardiovascular disorder. North America is anticipated to continue with its dominance in the market for cardiac holter monitor, which is attributed to the investments that is being made by the significant market players in the industry of medical devices, and constant rise in incidences of cardiovascular disorders in the region of North America. The region of Asia Pacific is expected to be a rapidly growing segment, with a very high CAGR in the years to come.

Rising Prevalence of Cardiac Diseases to Propel the Market

Change in the diet of people that is marked with the consumption of various unhealthy food items, excessive alcohol intake, and smoking have mostly impacted the evolution of diseases and susceptibility to those diseases. Sedentary lifestyle choices like absence of exercise in their daily life have also added to the faltering condition of health of numerous people, particularly pertaining to the disorder and diseases of the heart. As such, the increasing prevalence of cardiovascular diseases has bolstered major demand for cardiac holter monitor and it is an ambulatory ECG monitoring device that is used for the purpose of recording the electrical activities of human heart. In addition to that, the rising number of cardiac patients together with rising technological advancements is forecasted to fuel the said market.

The information shared that ahs been in this review is based on a TMR report titled, “Cardiac Holter Monitor Market (Product - 1-Channel, 2-Channel, 3-Channel, and 12-Channel; End User - Hospitals, Ambulatory Surgical Centers, Clinics, and Homecare Settings) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

For the study the market has been segmented as follows:

Global Cardiac Holter Monitor Market Segmentation

  • By Product Type
    • 1-Channel
    • 2-Channel
    • 3-Channel
    • 12-Channel
    • Others
  • By End-User
    • Hospitals 
    • Ambulatory Surgical Centres
    • Clinics
    • Homecare Settings
  • By Region
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

US Office Contact

 90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453