Holter ECG Market Size Report ($1.21 Billion by 2028) Driven by Rising Prevalence of CVDs – Exclusive Report by The Insight Partner

The global holter ECG industry is expected grow at 8.2% between 2022 and 2028. It is forecast to grow from USD0.757 billion in 2022 up to USD 1.21 trillion by 2028.

New York, Feb. 06, 2023 (GLOBE NEWSWIRE) — According to The Insight Partners, “Holter ECG Market Size, Share, Growth, Trends and Global Forecast to 2028 – COVID-19 Impact and Global Analysis by Component (Products, Software & Solutions, Services, and Accessories), Application (Diagnostics and Monitoring), Indication (Atrial Fibrillation (AF), Cardiac Arrest, Patients with Pacemakers, and Others), Channel (3 Channel ECG System, 5,6 & 7 Channel ECG System, 12 Channel ECG System, and Others)”; the global holter ECG market growth is impelled by significant rise in elderly population, rising number of product approvals and launches and growing prevalence of atrial fibrillation.

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Global Holter ECG Market – Report Scope:

Global Holter ECG Market: Key Developments and Competitive Landscape

FUKUDA Denshi; General Electric Co.; EB Neuro SPA. Koninklijke Philips NV.; Viatom Technology Co., Ltd..; Nihon Kohden Corp.; OSI Systems, Inc.. and Hill Rom Holding Inc. are just a few of the major companies in the Holter ECG market. They use product innovation strategies that meet changing customer demands to preserve their brand.

Below are some recent developments in global holter ECG markets:

In January 2022 Royal Philips introduced the industry’s first full-service, at-home, 12-lead electrocardiogram (ECG) solution for decentralized clinical trials. The clinical-grade solution is the most advanced patient-centric ECG offering within the company’s cardiac monitoring portfolio, pairing data readings comparable to clinical, site-based ECGs with Philips leading cloud-based data collection and analysis services.

In January 2021: Hill-Rom acquired Bardy Diagnostics, Inc. (BardyDx). Hill-Rom acquired BardyDx in cash for US$ 375 millions. The acquisition of BardyDx complements Hill-Rom’s current cardiology portfolio of cardiac stress exercise, Holter, and resting electrocardiography (ECG) devices.

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Holter monitors are wearable devices that record heart rhythm and rate activity. Holter ECG records electrical signals using adhesive electrodes on the chest. These electrodes connect to the recorder via cables. The recording is completed and the data downloaded to the central system. This program analyzes the data and highlights heart rhythms.

Increase in Product Approvals and New Products to Drive Global Holter ECG Market Development During (2022-2028).

There are many large and small companies in Holter ECGs’ market. Players are pursuing various strategies to increase their market share. These include new product launches and regional expansion. Holter ECG monitors can be safer and more reliable than ever due to continued innovation and technological advances. This has resulted in Holter ECGs being accepted better. Leading players are investing in R&D to develop advanced technologies and gain more revenue share.

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The growing incidence of atrial fibrillation, undiagnosed AF and a growing population of elderly suffering from structural hearts disease (SHD) is the reason for the global Holter ECG Market’s growth. The Centers for Disease Control and Prevention estimates that approximately 12.1 million Americans will suffer from atrial fibrillation by 2030. According to the American Heart Association, Inc., approximately half of all deaths in Italy are due to cardiovascular disease (44%) Ischemic heart disease (28%), and cerebrovascular diseases (3%) are the most common causes of death. The EU SHD Coalition report states that by 2040, more than 2 million people in Spain will suffer from SHD. 59% of patients with severe aorticstenosis are not eligible for treatment. 14% of patients who have been treated remain on the waiting lists after one year and 19% of patients die before they receive any treatment.

SHD is a leading cause of functional decline in the elderly population. The population of Spain can prevent SHD by early detection and high utility Holter ECG. The overall market growth is being fueled by the increasing prevalence of ischemic heart diseases in Italy.

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You can also view other research published in The Insight Partners’s portfolio:

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Global Multi-parameter ECG Monitor Market Forecast to 2028 – COVID-19 Global Impact and Analysis by Type (Portable Electrocardiogram Monitor, Smart Wearable Electrocardiogram Monitor); End User: Hospitals, Home Care, Clinics or Other

Global Mobile ECG Devices Market Forecast to 2028 – COVID-19 Global Analysis and Impact by Type (Monitoring ECG Systems, Diagnostics ECG Systems), Modality, Handheld, Pen, Band and Other End Users (Personal Users and Hospitals and Clinics, Ambulatory Services and Hospitals and Clinics)

Global Wireless ECG Devices Market Forecast to 2028- Covid-19 Global Impact and Analysis – by Product Type: Rest ECG Systems Stress ECG Systems Holter ECG Systems Other; End User (Hospital or Home-based User)

Global ECG Equipment Market Forecast to 2028 – COVID-19 Impact Analysis and Global Analysis by Product (Holter Monitors Stress ECG Systems and Resting ECG Systems), End User (Hospitals and Cardiac Centers Ambulatory Surgical Centers and Others)

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