Dublin, Nov. 10, 2023 (GLOBE NEWSWIRE) -- The "Global Holter Monitor Market - Focused Insights 2024-2029" report has been added to ResearchAndMarkets.com's offering.
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 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.
The global Holter monitor market is experiencing growth driven by various factors, including the increasing prevalence of arrhythmia and related cardiac and vascular diseases, rising patient awareness about continuous ECG monitoring, and the availability of effective ambulatory monitoring devices. In 2023, North America held the largest market share at 39.03%, followed by Europe, APAC, Latin America, and the Middle East and Africa.
Among the different channel types, the Holter monitor with three channels dominated the market in 2023, accounting for 49.06% of the market share. This segment is expected to continue growing at a CAGR of 8.68% during the forecast period, primarily due to the commercial availability of three-channel Holter monitors and the increasing demand for ambulatory ECG monitoring in healthcare settings.
In terms of end-users, hospitals accounted for the largest share of 48.28% in 2023 and are projected to grow at a CAGR of 8.18% during the forecast period. This growth is driven by the widespread adoption of advanced Holter monitor devices in hospitals, coupled with the growing aging population and the prevalence of conditions like Atrial Fibrillation (AF) that require continuous ECG monitoring.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 129 |
| Forecast Period | 2023 - 2029 |
| Estimated Market Value (USD) in 2023 | $742.61 Million |
| Forecasted Market Value (USD) by 2029 | $1208.08 Million |
| Compound Annual Growth Rate | 8.4% |
| Regions Covered | Global |
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
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 the Analyst
For more information about this report visit https://www.researchandmarkets.com/r/572sle
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