The global cardiac holter monitor market size was worth US$ 349.2 Million in 2018. A holter monitor is a battery-operated electrocardiography (ECG) device which assists in measuring and recording the heart’s activity for 24 to 48 hours. It comprises a software, which interprets the recorded data and ultimately helps the doctor in determining if the heart is getting adequate oxygen and diagnosing conditions related to irregular cardiac rhythms including arrhythmia, tachycardia and atrial fibrillation. These attributes of holter monitors in confluence with the rising incidences of cardiac issues among individuals are fueling their demand across the globe.
Owing to rapid urbanization, hectic work schedules and increasing consumption of fast food, a rise in the prevalence of cardiac blockages and arrests have been witnessed globally. This has increased the demand for technologically advanced devices that help in diagnosing health problems accurately. Moreover, governments in numerous countries are funding to create more awareness among individuals about different cardiovascular disorders, their prevention and treatment. Further, a significant shift toward minimally invasive diagnostic tools and preventive healthcare devices among individuals is strengthening the market growth. In line with this, manufacturers are introducing innovative and miniaturized products that offer enhanced convenience. For instance, iRhythm Technologies, a digital healthcare company, has introduced Zio Patch which incorporates the holter monitor into a small pedometer-sized device with an adhesive backing. Similarly, DMS Service has developed MyPatch Holter device that weighs less than a pound and can be stuck to the sternum of the patient, thereby eliminating the need for wires. Looking forward, IMARC Group expects the market to reach a value of US$ 503.8 Million by 2024, registering a CAGR of 6.3% during 2019-2024.
Report Coverage:
- Historical, Current and Future Market Trends
- Market Breakup by Product Type:
- 1-Channel
- 2-Channel
- 3-Channel
- 12-Channel
- Others
- Market Breakup by Component:
- Holter Monitoring Devices
- Event Monitoring Devices
- Holter Analysis System and Software
- Market Breakup by End User:
- Hospitals and Clinics
- Ambulatory Surgical Centers (ASCs)
- Homecare
- Others
- Market Breakup by Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being The ScottCare Corporation, GE Healthcare, Spacelabs Healthcare, Fukuda Denshi Co., Ltd., Nasiff Associates, Inc., Koninklijke Philips N.V., Biomedical Instruments Co., Ltd., Schiller, BTL, LifeWatch AG, Welch Allyn, Nihon Kohden Corporation, Medtronic Plc, Hill-Rom Company, Inc., Mindray Medical International Limited, BPL Medical Technologies, etc.
Key Questions Answered in This Report:
- How has the global cardiac holter monitor market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global cardiac holter monitor industry?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the component?
- What is the breakup of the market based on the end-user?
- What are the various stages in the value chain of the global cardiac holter monitor industry?
- What are the key driving factors and challenges in the global cardiac holter monitor industry?
- What is the structure of the global cardiac holter monitor industry and who are the key players?
- What is the degree of competition in the global cardiac holter monitor industry?
- What are the profit margins in the global cardiac holter monitor industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Cardiac Holter Monitor Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Product Type
5.4 Market Breakup by Component
5.5 Market Breakup by End User
5.6 Market Breakup by Region
5.7 Market Forecast
6 Market Breakup by Product Type
6.1 1-Channel
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 2-Channel
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 3-Channel
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 12-Channel
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Component
7.1 Holter Monitoring Devices
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Event Monitoring Devices
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Holter Analysis System and Software
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by End User
8.1 Hospitals and Clinics
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Ambulatory Surgical Centers (ASCs)
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Homecare
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Europe
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Asia Pacific
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Middle East and Africa
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Latin America
9.5.1 Market Trends
9.5.2 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porter’s Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 The ScottCare Corporation
14.3.2 GE Healthcare
14.3.3 Spacelabs Healthcare
14.3.4 Fukuda Denshi Co., Ltd.
14.3.5 Nasiff Associates, Inc.
14.3.6 Koninklijke Philips N.V.
14.3.7 Biomedical Instruments Co., Ltd.
14.3.8 Schiller
14.3.9 BTL
14.3.10 LifeWatch AG
14.3.11 Welch Allyn
14.3.12 Nihon Kohden Corporation
14.3.13 Medtronic Plc
14.3.14 Hill-Rom Company, Inc.
14.3.15 Mindray Medical International Limited
14.3.16 BPL Medical Technologies
List of Figures
Figure 1: Global: Cardiac Holter Monitor Market: Major Drivers and Challenges
Figure 2: Global: Cardiac Holter Monitor Market: Sales Value (in Million US$), 2013-2018
Figure 3: Global: Cardiac Holter Monitor Market: Breakup by Product Type (in %), 2018
Figure 4: Global: Cardiac Holter Monitor Market: Breakup by Component (in %), 2018
Figure 5: Global: Cardiac Holter Monitor Market: Breakup by End User (in %), 2018
Figure 6: Global: Cardiac Holter Monitor Market: Breakup by Region (in %), 2018
Figure 7: Global: Cardiac Holter Monitor Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 8: Global: Cardiac Holter Monitor Industry: SWOT Analysis
Figure 9: Global: Cardiac Holter Monitor Industry: Value Chain Analysis
Figure 10: Global: Cardiac Holter Monitor Industry: Porter’s Five Forces Analysis
Figure 11: Global: Cardiac Holter Monitor (1-Channel) Market: Sales Value (in Million US$), 2013-2018
Figure 12: Global: Cardiac Holter Monitor (1-Channel) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 13: Global: Cardiac Holter Monitor (2-Channel) Market: Sales Value (in Million US$), 2013-2018
Figure 14: Global: Cardiac Holter Monitor (2-Channel) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 15: Global: Cardiac Holter Monitor (3-Channel) Market: Sales Value (in Million US$), 2013-2018
Figure 16: Global: Cardiac Holter Monitor (3-Channel) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 17: Global: Cardiac Holter Monitor (12-Channel) Market: Sales Value (in Million US$), 2013-2018
Figure 18: Global: Cardiac Holter Monitor (12-Channel) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 19: Global: Cardiac Holter Monitor (Others Product Types) Market: Sales Value (in Million US$), 2013-2018
Figure 20: Global: Cardiac Holter Monitor (Others Product Types) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 21: Global: Cardiac Holter Monitor (Holter Monitoring Devices) Market: Sales Value (in Million US$), 2013-2018
Figure 22: Global: Cardiac Holter Monitor (Holter Monitoring Devices) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 23: Global: Cardiac Holter Monitor (Event Monitoring Devices) Market: Sales Value (in Million US$), 2013-2018
Figure 24: Global: Cardiac Holter Monitor (Event Monitoring Devices) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 25: Global: Cardiac Holter Monitor (Holter Analysis System and Software) Market: Sales Value (in Million US$), 2013-2018
Figure 26: Global: Cardiac Holter Monitor (Holter Analysis System and Software) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 27: Global: Cardiac Holter Monitor (Hospitals and Clinics) Market: Sales Value (in Million US$), 2013-2018
Figure 28: Global: Cardiac Holter Monitor (Hospitals and Clinics) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 29: Global: Cardiac Holter Monitor (Ambulatory Surgical Centers- ASCs) Market: Sales Value (in Million US$), 2013-2018
Figure 30: Global: Cardiac Holter Monitor (Ambulatory Surgical Centers- ASCs) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 31: Global: Cardiac Holter Monitor (Homecare) Market: Sales Value (in Million US$), 2013-2018
Figure 32: Global: Cardiac Holter Monitor (Homecare) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 33: Global: Cardiac Holter Monitor (Other End Users) Market: Sales Value (in Million US$), 2013-2018
Figure 34: Global: Cardiac Holter Monitor (Other End Users) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 35: North America: Cardiac Holter Monitor Market: Sales Value (in Million US$), 2013-2018
Figure 36: North America: Cardiac Holter Monitor Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 37: Europe: Cardiac Holter Monitor Market: Sales Value (in Million US$), 2013-2018
Figure 38: Europe: Cardiac Holter Monitor Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 39: Asia Pacific: Cardiac Holter Monitor Market: Sales Value (in Million US$), 2013-2018
Figure 40: Asia Pacific: Cardiac Holter Monitor Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 41: Middle East and Africa: Cardiac Holter Monitor Market: Sales Value (in Million US$), 2013-2018
Figure 42: Middle East and Africa: Cardiac Holter Monitor Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 43: Latin America: Cardiac Holter Monitor Market: Sales Value (in Million US$), 2013-2018
Figure 44: Latin America: Cardiac Holter Monitor Market Forecast: Sales Value (in Million US$), 2019-2024
List of Tables
Table 1: Global: Cardiac Holter Monitor Market: Key Industry Highlights, 2018 and 2024
Table 2: Global: Cardiac Holter Monitor Market Forecast: Breakup by Product Type (in Million US$), 2019-2024
Table 3: Global: Cardiac Holter Monitor Market Forecast: Breakup by Component (in Million US$), 2019-2024
Table 4: Global: Cardiac Holter Monitor Market Forecast: Breakup by End User (in Million US$), 2019-2024
Table 5: Global: Cardiac Holter Monitor Market Forecast: Breakup by Region (in Million US$), 2019-2024
Table 6: Global: Cardiac Holter Monitor Market Structure
Table 7: Global: Cardiac Holter Monitor Market: Key Players