Holter ECG Monitoring Market is Expected to Witness Healthy Growth at 7% CAGR through 2026

The ever-increasing number of patients suffering from cardiovascular diseases has propelled the demand for holter ECG monitors as these monitors enable continuous monitoring of the heart activity for upto 72 hours.

Holter ECG Monitoring Market
Holter ECG Monitoring Market

According to a new report published by Allied Market Research, titled, Holter ECG Monitoring Market by Component, Lead Type, and End User: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global holter ECG monitoring market was valued at $226.5 million in 2016 and is projected to reach $418.3 million by 2023, growing at a CAGR of 9.1% from 2017 to 2023. The holter ECG monitoring-mounted design segment accounted for half of the total market share in 2016.

Heart-associated disorders is the leading cause of death worldwide, with the evidence of approximately 2,200 men and women succumb to cardiovascular diseases every year, which has surpassed all forms of cancer-related deaths combined so far in the U.S. alone. Thus, combating the problem of increase in incidence of heart diseases has become the focus of the medical community over the years. This demands continuous monitoring of heart rhythm, which attracts several manufacturers to introduce advanced holter monitors in the market.

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COVID-19 Impact Analysis:

1) The COVID-19 impact on the Holter ECG Monitoring Market is unpredictable and is expected to remain in force till the fourth quarter of 2021.

2) The COVID-19 outbreak forced governments across the globe to implement strict lockdowns and banned import-export of nonessential items for most of 2021. This led to sudden fall in the availability of important raw materials.

3) Moreover, nationwide lockdowns forced manufacturing facilities to partially or completely shut their operations.

4) Adverse impacts of the COVID-19 pandemic have resulted in delays in activities and initiatives regarding development of reliable and innovative drone analytics systems globally.

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Key Benefits for Stakeholders

  • This report entails a detailed quantitative analysis along with the current global Holter ECG Monitoring Market trends from 2018 to 2026 to identify the prevailing opportunities along with the strategic assessment.
  • The Holter ECG Monitoring Market forecast is studied from 2018 to 2026.
  • The Holter ECG Monitoring Market size and estimations are based on a comprehensive analysis of key developments in the endoscopic retrograde cholangiopancreatography industry.
  • A qualitative analysis based on innovative products facilitates strategic business planning.
  • The development strategies adopted by the key market players are enlisted to understand the competitive scenario of the Holter ECG Monitoring Market.

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The Major Key Players Are:

The major companies profiled in this report include GE Healthcare (General Electric Company), Royal Philips Healthcare (Koninklijke Philips N.V.), Nihon Kohden Corporation, Medtronic Plc, Fukuda Denshi Co Ltd., Hill-Rom Company, Inc. (Welch Allyn), Schiller AG, Mindray Medical International Limited, and BPL Medical Technologies. Other prominent players in the value chain include Compumed Inc., Cardionet Inc., Bionet, Cardiac Science, Midmark Corporation, Amedtec Medizintechnik Aue GmbH, Opto Circuits Limited, OSI Systems, and Spacelabs Healthcare Inc.

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.


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