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The global cardiac Holter monitor market size reached a value of almost USD 420.19 million in 2023. The market is further expected to grow at a CAGR of 6.3% during the forecast period of 2024-2032 to reach a value of almost USD 725.11 million by 2032. The growth can be attributed to the increasing prevalence of cardiovascular diseases.
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The global cardiac Holter monitor market is led by the rising preference for minimally invasive diagnostic tools. North America is the leading regional market for cardiac Holter monitor. The market is aided by the rapid urbanisation and hectic work schedules in the region, which has resulted in the increasing consumption rate of ready-to-eat (RTE) food products, which are high in the sodium quantity. On account of this, there is a rising prevalence of cardiac blockages and arrests, thus boosting the market for cardiac Holter monitor, which helps in diagnosing these problems accurately.
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A cardiac Holter monitor is referred to as battery-operated portable electrocardiography (ECG) device, which records the heart rhythm continuously for about 24 to 48 hours. It comprises of a monitor, software, and electrodes, which help in interpreting the recorded data, determining if the heart is getting enough oxygen and diagnosing conditions associated with irregular cardiac rhythms, such as arrhythmia, tachycardia, and atrial fibrillation.
The market is segmented on the basis of product type into:
On the basis of component, the market is divided into:
On the basis of end-use, the market is segmented into:
The report also covers the regional markets like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The global cardiac Holter monitor market is driven by the rising urbanisation, busy work schedules, and increasing consumption of fast food, which has resulted in the prevalence of cardiac blockages and arrests. The market is further aided by the growing demand for technologically advanced devices that assist in diagnosing health problems correctly. In addition to this, the governments of several countries is investing in the initiatives, which help create more awareness among individuals regarding various cardiovascular disorders, their prevention and cure or treatment, furthering the market growth of cardiac holter monitor.
The market for cardiac holter monitor is accelerated by the increasing shift of the consumer base toward minimally invasive diagnostic tools and preventive healthcare devices. In confluence with this, the manufacturers are launching innovative and miniaturised products in the market that extend greater convenience. iRhythm Technologies, for instance, a digital healthcare company, has launched Zio Patch, which integrates the holter monitor into a small pedometer-sized device with an adhesive backing.
The report gives a detailed analysis of the following key players in the global cardiac holter monitor market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product Type |
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| Breakup by Components |
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| Breakup by End User |
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| Breakup by Region |
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| Market Dynamics |
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| Supplier Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global cardiac Holter monitor market attained a value of nearly USD 420.19 million.
The market is projected to grow at a CAGR of 6.3% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 725.11 million by 2032.
The major drivers of the industry, such as increasing health awareness, rising product demand from the developing regions, increasing prevalence of cardiovascular disorders, rapid urbanisation, and the growing demand for minimally invasive diagnostic tools, are expected to aid the market growth.
The key market trend guiding the growth of the cardiac holter monitor market include the launch of innovative and miniaturised devices offering greater convenience to consumers coupled with growing technological advancements.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with North America accounting for the largest market share.
The major product types of cardiac Holter monitor include 1-channel, 2-channel, 3-channel, 12-channel, and others.
Holter monitoring devices, event monitoring devices, and analysis system and software are the significant components of the product in the industry.
The hospitals and clinics, ambulatory surgical centres (ASCs), and homecare, among others represent the major end-use sectors for the product.
The major players in the industry are ScottCare Cardiovascular Solutions, General Electric Company, Schiller, Nasiff Associates, Inc., Koninklijke Philips N.V., BPL Medical Technologies, Nihon Kohden Corporation, and Medtronic, among others.
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Australia
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+61-448-061-727
India
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+91-858-608-1494
Philippines
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+63-287-899-028, +63-967-048-3306
United Kingdom
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+44-753-713-2163
United States (Head Office)
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+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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