Global Holter ECG Monitoring Market Overview:
A Holter monitor is a small wearable device that can perform continuous trackings of heart activity, such as rate and rhythm. Patients at risk for the early onset of cardiovascular illness are suggested Holter ECG test, where the patient has to put on the Holter monitor for one to two days. This records the patient's heartbeats during all the behavior that are performed by the patient in that period. The data retrieved through Holter monitors is studied in depth through Holter analysis systems and software that help the doctors design appropriate therapy for the patient. The recent technological advancements in Holter ECG Monitoring manufacturing will have a massive impact on the growth of the overall market in the coming years.
Growth Drivers
- Increasing demand for early detection and prevention tools will contribute to the increasing adoption of Holter ECGs across the globe.
- RisingGeriatric Population will Aid Holter ECG Monitoring Growth in the market
Market Trends
- The massive investments in technological intervention
Roadblocks
- Availability of substitutes Holter ECG Monitoring
Opportunities
- The upsurge in the aging population across the globe has high susceptibility toward cardiovascular diseases.
Challenges
- The threat of new entrants
Competitive Landscape:
The companies are exploring the market by adopting expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations.
Some of the key players profiled in the report are GE Healthcare (United States), Mortara Instrument(United States), Philips Healthcare (Netherlands), Schiller (Switzerland), Spacelabs Healthcare(United States), Applied Cardiac Systems(United States), CardioNet(United States), MediComp(United States), MidMark(United States) and QRS Diagnostic(United States). Additionally, following companies can also be profiled that are part of our coverage like Scottcare(United States) and Welch Allyn(United States). Analyst at AMA Research see United States Players to retain maximum share of Global Holter ECG Monitoring market by 2025. Considering Market by Lead Types, the sub-segment i.e. 3 Lead Holter Monitor will boost the Holter ECG Monitoring market. Considering Market by End User, the sub-segment i.e. Hospitals & Clinics will boost the Holter ECG Monitoring market.
In November 2020 Vitalconnect United States Based company launches a new cardiac monitoring patch for extended Holter monitoring named VitalPatch RTM. The wearable biosensor looks for 21 different cardiac arrhythmias by using an artificial intelligence electrocardiogram sensor.
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Holter ECG Monitoring market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Holter ECG Monitoring market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Holter ECG Monitoring Manufacturer, Government Regulatory and Research Organizations and End-Use Industry.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.