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This report offers market size & forecast data for the global Holter monitor market. The revenue generated from the sale of commercial Holter monitors is included in the report. The procedural cost of Holter monitors is excluded from the report's scope. This report provides a comprehensive and current market scenario of the global Holter monitor market, including the global Holter monitor market size, anticipated market forecast, relevant market segmentations, and industry trends.
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.
KEY HIGHLIGHTS
- 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 demand for Holter monitors is rising due to multiple factors, including the rising prevalence of arrhythmia and associated cardiac and vascular diseases, increasing awareness in patients regarding continuous ECG recording, and the increasing availability of several effective ambulatory monitoring devices.
- In 2023, North America accounted for a significant revenue share of 39.03%. It was the largest market, followed by Europe (29.87%), APAC (22.28%), Latin America (5.52%), and then Middle East and Africa (3.31%) in the global Holter monitor market.
- By Channel type segmentation, the Holter monitor with three channels segment accounted for the highest share of 49.06% in 2023 and is projected to grow at the CAGR of 8.68% during the forecast period. Factors such as the commercial availability of holter monitors with three channels and the increasing burden of ambulatory ECGs in healthcare facilities are propelling the segment's growth.
- In end-user segmentation, the hospitals' segment accounted for the highest share of 48.28% in 2023 and is projected to grow at the CAGR of 8.18% during the forecast period. This dominance can be attributed to the high adoption of the latest holter monitor devices and the increase in the elderly population and patients with Atrial Fibrillation (AF).
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
Table of Contents
Companies Mentioned
- 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
Methodology
Our research comprises a mix of primary and secondary research. The secondary research sources that are typically referred to include, but are not limited to, company websites, annual reports, financial reports, company pipeline charts, broker reports, investor presentations and SEC filings, journals and conferences, internal proprietary databases, news articles, press releases, and webcasts specific to the companies operating in any given market.
Primary research involves email interactions with the industry participants across major geographies. The participants who typically take part in such a process include, but are not limited to, CEOs, VPs, business development managers, market intelligence managers, and national sales managers. We primarily rely on internal research work and internal databases that we have populated over the years. We cross-verify our secondary research findings with the primary respondents participating in the study.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 129 |
| Published | October 2023 |
| Forecast Period | 2023 - 2029 |
| Estimated Market Value ( USD | $ 742.61 Million |
| Forecasted Market Value ( USD | $ 1208.08 Million |
| Compound Annual Growth Rate | 8.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 40 |
