Global Holter ECG Monitoring Market: Market Research by Knowledge Sourcing Intelligence


Global Holter ECG Monitoring Market Growing with the Growing Geriatric Population


Introduction
A Holter monitor is a battery-operated wearable device that helps in the measurement and records the heart’s activity. These come under the category of ambulatory electrocardiograms. Patients susceptible to the cardiovascular are recommended holter ECG tests for continuous tracking of the heart activity. The patient wears the device for one or two days and the holter monitor record the heartbeat of the patient during the entire duration while the patient was performing different activities. The data collected is analyzed by the holter analysis systems and software, giving the doctor proper knowledge about the condition. The rising geriatric population is boosting the global holter ECG monitoring market growth.

Drivers and restraints of Global Holter ECG Monitoring Market

The growing aging population and a shift in the trend from the effective treatment to preventive care have led to the adoption of holter monitors driving the growth of the global holter ECG monitoring market. Additionally, growing digitalization will raise the demand for digital holter monitors by many healthcare professionals and will contribute towards fuelling the demand for holter monitor thereby increasing the global holter ECG monitoring market size. However, lack of skilled professionals may restrain the growth of the market.


Market Segmentation

According to industry research conducted by Knowledge Sourcing Intelligence, the global holter ecg monitoring market is segmented by product type, lead type, and geography. By product type, the market is segmented into wired holter monitor, wireless holter monitor, and holter analysis system and software. The wired holter monitors segment is expected to have a significant market share on account of widespread usage of wired holter monitors in hospitals. The market of holter analysis system and software segment is expected to witness rapid growth owing to increasing technological advancements.  By lead type, the market is segmented into 3 lead holter monitor, 6 lead holter monitor, and 12 lead holter monitor. 12 lead holter monitor segment is expected to have a significant market share due to due to its widespread usage from suffering from cardiovascular to police officers and firefighters. Geographically, the global market has been broken down into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific regions.
Geographically, North America region is expected to have a significant market share of the global holter ECG monitoring market share. The market share is projected on account of technological advancements in the region, consumer awareness about the technology, and inclination towards preventive measure for cardiovascular diseases instead of treatment. The market of Asia Pacific region is expected to witness rapid growth owing to increasing consumer awareness and increasing inclination towards preventive measures for cardiovascular diseases instead of treatment.
Competitive intelligence of global holter ECG monitoring market shows that the market is fragmented with hundreds of manufacturers. The players are expanding globally to mirror their customers’ requirements. As a result, they are increasingly integrating with other players. The key players include SCHILLER AG, BPL Medical Technologies, Koninklijke Philips N.V., and Cardiac Science Corporation among others.

Key Questions Answered in This Report:
What are the key regions having a significant market share of the market?
      What are the drivers and restraints of the market?
·         Who are the key market players in the market?
·         What is market segmentation of the global holter ECG monitoring market?
·         Which product type is having significant market share?



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