Global Holter Market
Global Holter Market was valued at USD 7.99 billion in 2020 which expected to reach USD 12.14 billion by 2030, at a CAGR 6.11% from 2020-2030.
Holter is defined as the ECG Holter monitoring device which is portable, ambulatory device used to monitor heart activity. It comprises electrodes & small equipment which is hung around the neck of the patient or attached to their waist belt. The Holter monitoring devices measures the ECG of the patient for 24-28 hours. These devices are suggested by doctors if the patient shows symptoms of irregular heartbeats. The Holter monitoring system is non-invasive, battery-powered & records the heartbeats for 2 days to figure out any heart problem.
Market Drivers
The increase in prevalence of atrial fibrillation as well as the increase in incidence of cardiovascular disorders are likely to propel the global Holter market growth over the forecast period. Also, the rise in healthcare expenditure, increasing elderly population, and the rise in number of awareness programs initiated by governments will positively influence the global Holter market. For instance, as per the information provided by the World Health Organization (WHO), in 2015 around 17.7 million people died from CVDs.
Moreover, favorable reimbursement policies, the increase in accessibility for healthcare facilities, rapid development of the healthcare industry, the change in lifestyle, the increase in consumption of cigarette & alcohol are some other prominent factors expected to accelerate the growth of global Holter market during this forecast period.
Market Restraints
Lack of skilled professionals is a major challenging factor which expected to hamper the growth of global Holter market over the forecast period. Also, stringent regulatory approval is anticipated to hinder the growth of the global Holter market throughout the forecast period.
Market Segmentation
The Global Holter Market is segmented into component such as Wireless Holter, Wired Holter, and Holter Analysis System & Software. Based on the product type, market is segmented into 1-Channel, 2-Channel, 3-Channel, and 12-Channel. Further, market is segmented into end user such as Hospitals, Ambulatory Surgical Centers, Clinics, and Homecare Settings.
Regional Analysis
The Global Holter Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The North America region is expected to dominate the global Holter market due to the change in lifestyle of people, growing incidence of cardiac strokes as well as the growing awareness regarding healthcare in countries in this region. Furthermore, the markets in Latin America, Europe, and Middle East & Africa are expected to register high growth revenue in the global Holter market over the forecast period.
Key Players
Various key players are listed in this report such as Medtronic PLC, Hill-Rom services, Inc., Nissha Medical Technologies, iRhythm Technologies, Inc., Cardiac Insight Inc., AliveCor, Inc., Bardy Diagnostics, Inc., Nasiff Associates, Inc., LifeSignals, Inc., VitalConnect, etc.
Market Taxonomy
By Component
By Product Type
By End User
By Region
Key Questions Addressed by the Report
Global Holter Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Holter Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Holter Market, By Component
5.1 Y-o-Y Growth Comparison, By Component
5.2 Global Holter Market Share Analysis, By Component
5.3 Global Holter Market Size and Forecast, By Component
5.3.1 Wireless Holter
5.3.2. Wired Holter
5.3.3. Holter Analysis System & Software
6 Global Holter Market, By Product Type
6.1 Y-o-Y Growth Comparison, By Product Type
6.2 Global Holter Market Share Analysis, By Product Type
6.3 Global Holter Market Size and Forecast, By Product Type
6.3.1 1-Channel
6.3.2 2-Channel
6.3.3 3-Channel
6.3.4 12-Channel
7 Global Holter Market, By End User
7.1 Y-o-Y Growth Comparison, By End User
7.2 Global Holter Market Share Analysis, By End User
7.3 Global Holter Market Size and Forecast, By End User
7.3. 1 Hospitals
7.3.2. Ambulatory Surgical Centers
7.3.3. Clinics
7.3.4. Homecare Settings
8Global Holter Market, By Region
8.1 Global Holter Market Share Analysis, By Region
8.2 Global Holter Market Share Analysis, By Region
8.3 Global Holter Market Size and Forecast, By Region
9 North America Holter Market Analysis and Forecast (2020-2030)
9.1 Introduction
9.2 North America Holter Market Share Analysis, By Component
9.3 North America Holter Market Size and Forecast, By Product Type
9.4 North America Holter Market Size and Forecast, By End User
9.5 North America Holter Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10EuropeHolter Market Analysis and Forecast (2020-2030)
10.1 Introduction
10.2 Europe Holter Market Share Analysis, By Component
10.3 Europe Holter Market Size and Forecast, By Product Type
10.4 Europe Holter Market Size and Forecast, By End User
10.5 Europe Holter Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11Asia Pacific Holter Market Analysis and Forecast (2020-2030)
11.1 Introduction
11.2 Asia Pacific Holter Market Share Analysis, By Component
11.3 Asia Pacific Holter Market Size and Forecast, By Product Type
11.4 Asia Pacific Holter Market Size and Forecast, By End User
11.5 Asia Pacific Holter Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12Latin America Holter Market Analysis and Forecast (2020-2030)
12.1 Introduction
12.2 Latin America Holter Market Share Analysis, By Component
12.3 Latin America Holter Market Size and Forecast, By Product Type
12.4 Latin America Holter Market Size and Forecast, By End User
12.5 Latin America Holter Market Size and Forecast, Country
13Middle East Holter Market Analysis and Forecast (2020-2030)
13.1 Introduction
13.2 Middle East Holter Market Share Analysis, By Component
13.3 Middle East Holter Market Size and Forecast, By Product Type
13.4 Middle East Holter Market Size and Forecast, By End User
13.5 Middle East Holter Market Size and Forecast, By Country
14Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15Company Profiles
15.1 Medtronic PLC
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2. Hill-Rom services, Inc
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. Nissha Medical Technologies
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 iRhythm Technologies, Inc
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Cardiac Insight Inc
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 AliveCor, Inc
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Bardy Diagnostics, Inc
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Nasiff Associates, Inc
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 LifeSignals, Inc
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 VitalConnect
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies