What are the recent trends in market size and growth for the holter monitor market?
The holter monitor market size has grown strongly in recent years. It will grow from $1.02 billion in 2024 to $1.12 billion in 2025 at a compound annual growth rate (CAGR) of 10.0%. The growth in the historic period can be attributed to the emergence of remote patient monitoring solutions, increasing adoption in the elderly population, rising healthcare expenditure globally, evolving guidelines favoring continuous cardiac monitoring, and a growing focus on early detection of cardiac abnormalities.
The holter monitor market size is expected to see strong growth in the next few years. It will grow to $1.62 billion in 2029 at a compound annual growth rate (CAGR) of 9.6%. The growth in the forecast period can be attributed to the expansion of telemedicine and remote healthcare, the aging population, increasing prevalence of cardiovascular diseases, advancements in data analytics and artificial intelligence, and rising demand for personalized medicine and preventive healthcare. Major trends in the forecast period include increasing adoption of wireless and patch-style monitors, growth of ambulatory ECG monitoring services, expansion of home-based cardiac monitoring programs, development of compact and user-friendly devices, and integration of telemedicine platforms for remote cardiac care.
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Which major factors have contributed to the expansion of the holter monitor market?
The rising incidence of cardiovascular diseases is expected to propel the holter monitor market going forward. Cardiovascular disease refers to conditions that affect the heart or blood vessels, often leading to complications such as heart attacks or strokes. The incidence of cardiovascular disease is due to sedentary lifestyles, unhealthy dietary habits, rising obesity rates, and an aging population. Holter monitors are utilized in cardiovascular diseases for continuous monitoring of heart rhythms, aiding in diagnosing and managing conditions such as arrhythmias and ischemic events. For instance, in May 2024, according to the Centers for Disease Control and Prevention, a US-based government agency in 2022, heart disease claimed the lives of 702,880 people, accounting for 1 in every 5 deaths. Each year in the United States, approximately 805,000 people experience a heart attack. Of these, 605,000 are first-time heart attacks, while 200,000 occur in individuals who have already had one. Therefore, the rising incidence of cardiovascular diseases is driving the growth of the holter monitor market.
How is the holter monitor market segmented?
The holter monitor market covered in this report is segmented –
1) By Product Type: Wired, Wireless
2) By Channel Type: 3 Channel, 12 Channel, Other Channel Types
3) By Monitoring Capacity: Upto 7 Days, Above 7 Days
4) By End User: Hospitals, Specialty Cardiac Centers, Other End Users
Subsegments:
1) By Wired: Single-Channel Wired Holter Monitor, Multi-Channel Wired Holter Monitor, Standard Wired Holter Monitors (12-lead Ecg), Portable Wired Holter Monitors, Long-Term Continuous Monitoring Wired Devices, Hospital-Grade Wired Holter Monitors
2) By Wireless: Single-Channel Wireless Holter Monitor, Multi-Channel Wireless Holter Monitor, Bluetooth-enabled Wireless Holter Monitors, Cloud-Connected Wireless Holter Monitors, Wearable Wireless Holter Monitors ( Patches Or Wristbands), Mobile App-Integrated Wireless Holter Monitors
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Who are the top competitors in the holter monitor market?
Major companies operating in the holter monitor market are Koninklijke Philips N.V., GE HealthCare Technologies, Baxter Laboratories Inc., Lepu Medical Technology(Beijing)Co Ltd., Fukuda Denshi Co Ltd., Bittium Corporation, BTL Corporate, iRhythm Technologies Inc., Schiller AG, Edan Instruments Inc., Contec Medical Systems Co Ltd., BPL Medical Technologies, ScottCare Corporation, EB Neuro S.p.A, Advanced Instruments Inc., Custo Med GmBH, ACS Diagnostics GmbH, Biotricity Inc., Nasiff Associates Inc., Cortrium ApS, Cardioline S.p.A., Labtech Ltd., Aspel SA, Borsam BioMedical Instruments Co. Ltd., AMEDTEC Medizintechnik Aue GmbH
Which key trends are expected to influence the holter monitor market in the coming years?
Major companies operating in the holter monitor market are focused on developing products with advanced technology that capture high-quality ECG recording. High-quality ECG (electrocardiogram) recording refers to the process of capturing accurate and reliable electrical signals of the heart, which are essential for diagnosing various cardiac conditions. For instance, in November 2023, Norav Medical, a Germany-based provider of innovative medical devices, launched the NR-314P Holter device. This innovative Holter device offers up to 14 days of continuous ECG recording in a lightweight 41g design. This compact device features 3-lead ECG technology, wireless connectivity, and seamless EHR/HIS systems integration via HL7 and DICOM. It supports uninterrupted daily activities with its rechargeable battery and water-resistant design. The NR-314P enhances patient care with advanced analysis capabilities. Additionally, it promotes user adherence to long-term monitoring with its water-resistant, lightweight design and rechargeable lithium polymer battery for uninterrupted ECG recording during everyday activities.
Which regional trends are influencing the holter monitor market, and which area dominates the industry?
North America was the largest region in the holter monitor market in 2023. The regions covered in the holter monitor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Holter Monitor Market Report 2025 Offer?
The holter monitor market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Holter monitor is a portable device used to continuously record the heart’s electrical activity. The device consists of electrodes placed on the chest, connected to a small recording device worn on the belt or shoulder strap. It is worn for 24 to 48 hours to monitor heart rhythms, which helps in diagnosing irregularities such as arrhythmias.
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