Cardiac Holter Monitor Market, Size, Global Forecast 2022-2027, Industry Trends, and Growth

Cardiac Holter Monitor Market, Size, Global Forecast 2022-2027, Industry Trends, and Growth

A holter monitor is a device that records your heart beat. Our digital is designed to meet the specific needs of our clients and their patients. Digital data is professionally scanned with on screen markings, annotations and interpretations, prepared through manual reading using screen-based measurement tools.

Forecast

• North America is set to continue its dominance as the largest cardiac holter monitor market over the next 5 years.
• 72% of patients feel reluctant about hospital/doctor visits, which will expand market growth.
• 12 lead holter monitors are set to account for the biggest market growth between 2022 and 2027.
• #1 contributor to the global cardiac holter monitor market are and will continue to be clinics & hospitals.

Market Overview

• The global cardiac holter monitor market reached a value of US$ 411 Million in 2021. 
• The market is expected to reach US$ 577 Million by 2027, exhibiting a CAGR of 5.5% through 2022-2027.
• The Market report has segmented the market based on device type, application, end-use, and region.

Breakup by Component

• Holter Monitoring Devices
• Event Monitoring Devices
• Holter Analysis System and Software

Breakup by End User

• Hospitals and Clinics
• Ambulatory Surgical Center
• Homecare

Breakup by Region

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America

Key Market Trends

• In an American College of Cardiology study, featuring a group of hospitalized COVID-19 patients in the US, 16.7% of patients had arrhythmia, and 7.2 percent experienced acute cardiac damage, in addition to COVID-19-related problems.
• As per recent analyses, the Cardiac Holter Monitor Market is expected to grow annually by a 5.9% CAGR (2022-2028).
• The rapid expansion of the market in the Asia Pacific is due to a higher incidence of cardiac arrhythmia and atrial fibrillation, as well as WHO health programs.
• The global cardiac Holter monitor market is anticipated to grow at a substantial CAGR of 7.0% during the forecast period.

Growth Factors

 Cardiac Holter Monitor Market

• A shift in lifestyle and an increase in chronic diseases may boost market growth.

Cardiac Holter Monitor Market – Restraints

• Stringent regulation may slow market growth over the forecast period.

Global Cardiac Holter Monitor Market – Opportunities

• Increasing investments in wireless Holter monitors are expected to fuel market growth opportunities.