According to the latest report by IMARC Group, titled "United States Cardiac Holter Monitor Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," the United States cardiac holter monitor market is expected to grow at a CAGR of 4.5% during 2023-2028. A cardiac holter monitor refers to medical equipment that is generally used for tracking the heart rhythm. It is a small wearable device that assists medical professionals in determining ailments related to heart rhythm, including arrhythmia, heart palpitations and dizziness. It is a non-invasive method utilized for monitoring heart health, which is usually battery-operated and equipped with electrodes and wires that are placed on the chest using a glue-like gel. Due to the increasing demand for non-invasive treatments among the masses, it is widely used across ambulatory surgical centers, hospitals, clinics and homes for self-diagnosis.
United States Cardiac Holter Monitor Market Trends:
The market in the United States is primarily driven by the increasing prevalence of heart-related diseases among the masses. This is supported by the changing lifestyle patterns and the rising consumption of fast food due to the hectic schedules led by working professionals. Moreover, increasing investments by private and public firms for upgrading and improving the healthcare infrastructure are creating a positive outlook for the market. Additionally, continual technological advancements across the healthcare sector and miniaturization of product variants are providing an impetus to the market growth. In line with this, numerous leading companies are heavily investing in product innovations, such as the introduction of advanced cardiac holter monitor that provides early diagnosis and detects cardiac arrhythmias for preventing negative outcomes, which is gaining widespread prominence across the country. Other factors, including the rising geriatric population and extensive research and development (R&D) activities conducted by key players, are further contributing to the market growth across the United States.
- On the basis of the product type, the market has been segmented into 1-channel, 2-channel, 3-channel, 12-channel and others.
- Based on the component, the market has been segregated into holter monitoring devices, event monitoring devices and holter analysis systems and software.
- On the basis of the end-user, the market has been classified into hospitals and clinics, ambulatory surgical centers (ASCS), homecare and others.
- Based on the region, the market has been divided into Northeast, Midwest, South and West.
- The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
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