Navigation Links
Cardiac Holter Monitor Market to Reach US$518.9 Million by 2024: Rising Cases of Cardiovascular Diseases due to Sedentary Lifestyles Augment Demand, Observes TMR
Date:2/23/2017

ALBANY, New York, February 23, 2017 /PRNewswire/ --

The top three players dominating the Global Cardiac Holter Monitor Marketare GE Healthcare, Koninklijke Philips N.V., and Schiller. Collectively, these companies held a share of about 48% in the global market in 2015. Strong product portfolio and a monumental geographical presence are the two key factors assessed to be aiding these players remain leaders in the fragmented competitive landscape. Transparency Market Research states that the players in the global market are likely to focus on mergers and acquisitions in the coming years to add value to their research and development departments in order to innovate better.

According to the research report, the global cardiac Holter monitor market was valued at US$293.8 mn in 2015 and is expected to reach a valuation of US$518.9 mn by the end of 2024. The progress of the global market has been estimated at a CAGR of 6.6% between 2016 and 2024 due to a high rate of cardiovascular diseases around the world.

Download PDF Brochure of Research Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=16346

North America Cardiac Holter Monitor Market to Account for over 40.0% in Global Market by 2024

On the basis of product, the global market is segmented into 1-Channel, 2-Channel, 3-Channel, and 12-Channel. Of these, 3-Channel cardiac Holter monitor is expected to emerge as a leading segment between the forecast years of 2016 and 2024. This product segment is anticipated to expand at a CAGR of 6.8% over the forecast years due to the efficiency it offer while interpreting and detecting cardiac arrhythmia and atrial fibrillation.

Geographically, the North America cardiac Holter monitor market will account for a share of 40.9% in the global market by the end of 2024. The dominance of this regional market will be due to the high prevalence of cardiac arrhythmia and atrial fibrillation and technological innovations in diagnostic devices. Analysts anticipate that Asia Pacific will also show incredible progress in the cardiac Holter monitor market in the coming years.

Preference for Minimally Invasive Surgeries Triggers Demand for Cardiac Holter Monitors 

Over the years, changes in diet, which are characterized by consuming unhealthy food items, smoking, excessive alcohol intake have largely impacted the evolution of diseases and susceptibility to them. Sedentary lifestyle choices such as lack of exercise have also contributed to faltering health conditions of several people, especially pertaining to the diseases and disorders of the heart. Thus, the rising incidence of cardiovascular diseases has triggered a major demand for cardiac Holter monitor, which is an ambulatory ECG monitoring devices used for recording the electrical activities of the heart. Besides the increasing number of cardiac patients, the market is also being fueled by the rising technological advancements in the global market that have made these devices easy to use and portable.

An upgrade of healthcare systems with the introduction of information technology and uptake of new and improved cardiac monitoring devices has also strengthened the foothold of the market across the globe. The increasing government funding for treatment of cardiovascular diseases is also expected to favor the global market in the coming years. Grants for research and development to institutes and hospitals to promote awareness of cardiac disorders are eventually expected to augment the demand for cardiac Holter monitor devices. The increasing preference for minimally invasive surgeries to avoid post-surgical complications have triggered a demand for ambulatory ECG monitoring systems, thereby ensuring swift uptake of cardiac Holter monitor market.

Lack of Skilled Labor to Operate Sophisticated Machines Challenges Global Market 

Errors in recording heart rhythms due to the poor adhesiveness of electrodes, vigorous activities by the patient, and detachment of electrodes has compromised the demand for cardiac Holter monitors. The uptake and usage of cardiac Holter monitor is also being challenged due to the lack of trained staff member to operate the devices. This negative trend is especially acting as a major barrier in developing countries.

Inquire for Report Customization:  

http://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=16346

This review is based on Transparency Market Research's report, titled "Cardiac Holter Monitor Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024."

The global cardiac holter monitor market has been segmented as given below: 

Global Cardiac Holter Monitor Market, by Product Type, 

  • 1-Channel
  • 2-Channel
  • 3-Channel
  • 12-Channel
  • Others

Global Cardiac Holter Monitor Market, by End-user 

  • Hospitals 
  • Ambulatory Surgical Centres
  • Clinics
  • Homecare Settings

Global Cardiac Holter Monitor Market, by Region 

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • India
    • China
    • Japan
    • Australia & New Zealand
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • South Africa
    • GCC Countries
    • Rest of Middle East & Africa

Browse Related Research Report: 

Cardiac Rhythm Management (CRM) Devices Batteries Market (Product - Implantable Cardiac Pacemakers (ICPs), Implantable Cardioverter Defibrillator (ICDs), and Cardiac Resynchronization Therapy Devices (CRT-Ds); Power Source - Lithium-iodine Cells (Li/I2), Lithium-silver Vanadium Oxide Cell (Li/SVO), Lithium-carbon Mono-fluoride Cells (Li/CFx), and Lithium-manganese Dioxide Cells (Li/MnO2) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

http://www.transparencymarketresearch.com/cardiac-rhythm-management-devices-batteries-market.html

Cardiac Rehabilitation Market (Device Type - Seated and Upright Elliptical Trainer, Stabilization Ball, Stationary Bicycle, Treadmill, Rower, Heart Rate Monitor, Blood Pressure Monitor) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

http://www.transparencymarketresearch.com/cardiac-rehabilitation-market.html

Cardiac Prosthetic Devices Market (Mechanical Heart Valves, Tissue Heart Valves, Transcatheter Heart Valves, Implantable Pacemaker and External Pacemaker) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

http://www.transparencymarketresearch.com/cardiac-prosthetic-market.html

About Us: 

Transparency Market Research (TMR) is a U.S. based provider of syndicated research, customized research, and consulting services. TMR's global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.


Contact Us:
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com

Website: http://www.transparencymarketresearch.com

Blog: http://www.tmrblog.com/



'/>"/>
SOURCE Transparency Market Research
Copyright©2017 PR Newswire.
All rights reserved


Related medicine technology :

1. Global $8.9 Billion Cardiac Prosthetic Devices Market Analysis & Trends 2013-2017 & Industry Forecast to 2025 - Research and Markets
2. AT&T to Provide Connectivity to Zywies Cardiac Remote Monitoring Solution
3. Drug-Eluting Stents Market 2015-2022 - Global Strategic Business Report 2017 - High Diabetes Incidence Worldwide Drives Demand for Cardiac Surgery and Stents - Research and Markets
4. Global Cardiac Prosthetic Devices Market Analysis & Trends - Industry Forecast to 2025
5. Cardiac Monitoring & Cardiac Rhythm Management Market is Expected to Reach $32,216 Million by 2022, Globally
6. Precision Image Analysis Adds World-Recognized Opinion Leader in Cardiac Imaging on Scientific Advisory Board
7. Cardiac Resynchronization Therapy Market Worth $8.8 Billion By 2025: Grand View Research, Inc.
8. Novel Home Care Needs and Customer Preferences Catalyse Growth Opportunities in Mature Cardiac Monitoring Market
9. Cardiac Rhythm Management Devices Batteries Market to Worth US$518.4 Million by 2024: Improved Power Sources Ensure Swift Uptake, says TMR
10. Global Cardiac Biomarker Market Analysis 2016 - Forecast to 2022 - By Biomarkers Type, Product, Application & Type of Testing - Research and Markets
11. BIOTRONIK Initiates Study Validating Safe and Efficient In-Office Insertion of BioMonitor 2 Cardiac Monitor
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/28/2017)... , March 28, 2017  Rosen Law Firm, ... of a class action lawsuit on behalf of purchasers ... KTOV ) pursuant and/or traceable to Kitov,s initial public ... and/or on the open market from November 20, 2015 ... Period"). The lawsuit seeks to recover damages for Kitov ...
(Date:3/28/2017)... 2017 Summary ... as a Key Component of Multichannel Marketing" provides ... landscape in the digital age. While the ... medical advancements, it has been much slower to ... on traditional channels and methods. However, the decreasing ...
(Date:3/28/2017)... -- Orexigen Therapeutics, Inc. (Nasdaq: OREX ) today ... and year ended December 31, 2016. ... Orexigen, beginning with the re-acquisition of the rights to ... team at Orexigen demonstrated remarkable focus, executing on a ... our Company while rewarding us full control of our ...
Breaking Medicine Technology:
(Date:3/29/2017)... ... 29, 2017 , ... Patients interested in receiving quick and ... Jamie Cameron, with or without a referral. The FASTBRACES system is valued for ... each patient’s case, treatment with the FASTBRACES system could be completed in 120 ...
(Date:3/29/2017)... ... March 29, 2017 , ... Curio Wellness , a ... the finalization of the company’s executive management team with prominent executives from both inside ... Curio Wellness’ Chief Operating Officer, Ted Dumbauld , who has more than twenty ...
(Date:3/29/2017)... CA (PRWEB) , ... March 29, 2017 , ... Hamlin ... Northridge , is now offering laser dental treatments. Dental lasers are safe and effective ... dentistry expands patients’ options and can improve the overall quality of care. , Dr. ...
(Date:3/29/2017)... ... March 29, 2017 , ... VisualSP has helped over 1.5 ... the only option for on-premises installation of its Help System for SharePoint was at ... the system into the entire tenant. , The company recently released a modified ...
(Date:3/28/2017)... ... March 28, 2017 , ... Greenfield Advisors is ... his extensive knowledge of appraisals, property values, ad valorem taxation, and government policy ... industry for more than 40 years. , “Ruel is a great addition to ...
Breaking Medicine News(10 mins):