Holter Monitors Market Size to Reach Revenues of around USD 775 Million by 2025 - Arizton

CHICAGO, Oct. 29, 2020 /PRNewswire/ -- In-depth analysis and data-driven insights on the impact of COVID-19 included in this global Holter monitors market report.

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The global Holter monitors market is expected to grow at a CAGR of over 8% during the period 2019−2025.

Key Highlights Offered in the Report:

  1. The global Holter monitors market is anticipated to reach about $775 million by 2025 with a healthy growth of more than 8% over the forecast period.

  2. Emergence of latest generation Holter monitors is expected to fuel the growth of the Holter monitors market over the forecast period.

  3. The adoption of wireless technology for ECG recording is expected to be another prime factor contributing to the future market growth for Holter monitors globally.

  4. Increasing use of ECG recordings in ambulatory settings is a major factor driving the global Holter monitors market.

  5. The up to 7 days monitoring capacity segment contributed to the largest market share of around 88% in 2019.

  6. North America dominated the global Holter monitors market with a share of around 40% in 2019.

Key Offerings:

  • Market Size & Forecast by Revenue | 2019−2025

  • Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities

  • Market Segmentation – A detailed analysis by channels, monitoring capacity, end-user, and geography

  • Competitive Landscape – 5 key vendors and 44 other vendors

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Holter Monitors Market – Segmentation

  • In 2019, the 3 channels segment accounted for the largest share with over 48%. 3 channels recording highly improves the efficiency of healthcare operations in hospitals and specialized cardiac centers. Multiple tracings with 3 channels devices could be run off, eliminating costly and time-consuming electrostatic copying.

  • The up to 7 days segment accounted for the maximum market share due to 7 days Holters' accurate and effective clinical results for diagnosing arrhythmia and associated disorders. Arterial fibrillation (AF) screening after stroke with up to 7 days Holter monitoring is a routine screening tool.

  • In 2019, the hospital end-user segment accounted for over 48% of the global Holter monitors market. Healthcare professionals in hospitals use these devices for monitoring symptoms associated with arrhythmia. The market is growing at a healthy rate due to the high adoption of the latest generation of Holter monitors.

Holter Monitors Market by Channel

  • 3 Channels

  • 12 Channels

  • Others

Holter Monitors Market by Monitoring Capacity

  • Up to 7 Days

  • Above 7 Days

Holter Monitors Market by End-user

  • Hospitals

  • Specialty Cardiac Centers

  • Others

Holter Monitors Market – Dynamics

The increasing demand for ambulatory cardiac monitoring devices has encouraged several vendors to develop advanced platforms/devices to address the unmet needs in the treatment of cardiac arrhythmia and other coronary disorders. The ambulatory cardiac monitoring technology has witnessed several technical advancements and improvements over the years. Technological advancements in Holter monitoring devices have revolutionized and enhanced the clinical outcome of ambulatory ECG procedures. Since the first commercial appearance in the 1960s, continuous innovation and research have led to further innovations in the Holter monitoring space. Traditional Holter monitors can be typically worn for 24 to 48 hours. Latest generation Holter monitors can be worn for a few days or weeks with more accurate and precise monitoring.

Key Drivers and Trends fueling Market Growth:

  • Embracing Wireless Technology for Holter Monitors

  • Growing Popularity for Extended Holter Monitoring

  • Increasing Prevalence of Cardiac Disorders

  • Increasing Adoption of Ambulatory Heart Monitoring Devices

Holter Monitors Market – Geography

North America dominates the Holter monitors market. Increase in burden of diseases along with better access to treatment is the primary factor for North America's high market share. The strong presence of prominent Holter monitors vendors is also another reason for the higher adoption of Holter monitors in North America. Increase in patients suffering from CVDs, AF, and the necessity to diagnose diseases with advanced procedures is expected to boost the market growth during the forecast period.

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By Geography

  • North America

  • Europe

  • APAC

  • Latin America

  • Middle East & Africa

Major Vendors

  • GE Healthcare

  • GE Healthcare

  • Koninklijke Philips

  • iRhythm Technologies

  • Hillrom

  • BioTelemetry

Other Prominent Vendors

  • ACSDiagnostics

  • Advanced Instrumentations

  • AMEDTEC Medizintechnik Aue

  • ASPEL

  • Hangzhou Beneware Medical Equipment

  • Biomedical Instruments

  • Biotricity

  • Bittium

  • BPL Medical Technologies

  • Borsam Biomedical Instruments

  • BTL

  • CONTEC MEDICAL SYSTEMS

  • Cortrium

  • custo med

  • Oy Diagnostic Devices Development – DDD

  • dms-service

  • EB Neuro

  • EDAN Instruments

  • Forest Medical

  • FUKUDA DENSHI

  • Holter Supplies

  • Labtech

  • Lepu Medical

  • LUMED

  • medical ECONET

  • Medicomp

  • Meditech Kft.

  • Meditech Equipment

  • Midmark

  • MONITOR

  • Nasan Medical Electronics

  • Nasiff Associates

  • NEUROSOFT

  • Norav Medical

  • NorthEast Monitoring

  • Preventice Solutions

  • ScottCare Cardiovascular Solutions

  • SCHILLER

  • Shenzhen Biocare Bio-Medical Equipment

  • Spacelabs Healthcare

  • Suzuken Company

  • Trimpeks

  • TRISMED

Explore our healthcare & lifesciences profile to know more about the industry.

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About Arizton:

Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.

We offer comprehensive market research reports on industries such as consumer goods & retail technology, automotive and mobility, smart tech, healthcare, and life sciences, industrial machinery, chemicals and materials, IT and media, logistics and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.

Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.

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View this post on Instagram A post shared by Church of the Master Angels (@churchofthemasterangels) A former employee posted a review of Shubin’s company on Glassdoor, writing that while a perk of working there was getting “an amazing discount” on “fantastic products,” the main con was that Shubin was allegedly part of the “cult.” Shubin’s wife confirmed to The Daily Beast that they are members of CMA, but denied it was a cult.Hartnett maintained the church doesn’t like to promote itself and likes to be private. In fact, a section of the website that is dedicated to those who have graduated from its elite training course must have a password to access it.CMA’s website and social media pages rarely include photos of members, with a majority of the posts being informational messages about services and quotes from Douglas.The only way to spot members is on its YouTube channel, which includes about a dozen testimonial videos from followers who claim to have been healed from various pains, conditions, and diseases after meeting with Douglas.Member Allen McEuen claimed that Douglas had cured him of HIV after the leader “went into my body with his Godly vision and he saw things about HIV that modern medicine didn’t know.”“So, with that vision, and his ability to kill viruses, he was able to go into my body and kill the HIV virus and everything that was associated with it and completely cleanse my body from HIV,” McEuen claimed. “From that day forward, I stopped taking the meds. It’s been over three years now and I have a perfect bill of health.” Chapel of the Master Angels in North Carolina Facebook Another member, Jan Casebolt, said she was diagnosed with Cardiac sarcoidosis, a rare cardiovascular disease where white blood cells form in heart tissue, which left her reliant on a wheelchair.Describing her constant pain, she said she decided to meet with Douglas before a scheduled surgery. “He closes his eyes, and you know really homes in on me,” she said. “Within a matter of moments, he says, ‘Ah, I see what the problem is. There’s two bacteria hiding in your white blood cells and they are causing your illness.’ He just performed a blessing over me. And within two minutes, I felt the pain leaving me.”But while CMA prides itself on healing through prayer and sells products that are supposed to help cure members from various ailments, the website is plastered with medical disclaimers that the church’s “products are not intended to diagnose, treat, cure or prevent any disease or illness.”For leading cult expert and former Sun Myung Moon follower Steven Hassan, PhD, CMA has all the warning signs of an emerging cult.The director of the Freedom of Mind Resource Center said he hadn’t come across CMA before, which he found odd considering Douglas’ spectacular claims of healing.“He makes these extraordinary claims, and alarm bells go off,” Hassan said. “He’s a renowned theologian, by whom? He’s a noted practitioner of Angelic Reformation, what is that?”Upon listening to some of CMA’s free workshop videos, he said Douglas talks in an “authoritative, hypnotic manner, making assumptions and claims that are very alarming to me, but are very representative of authoritarian cult leaders.”“In my line of work, when someone is claiming extraordinary things, they need extraordinary proof,” Hassan said. “Where’s the scientific study? It’s all self-referential. As someone who has studied hypnosis, I know the power of suggestion, especially if you accept the authority figure, it’s more likely you’ll be hypnotized. That’s how the mind works. A lot of people want to believe, so it’s known as the placebo effect that kicks in. I have no problem using mind power, but when they claim to be master healers and have zero credentials, alarm bells go off.”Hassan said these types of leaders often go after vulnerable people, those who have dealt with abuse, trauma, or the death of a loved one. In the wake of a worldwide pandemic, economic hardship, and deep political divides, Hassan said these have the potential to make even more people vulnerable to exploitation.The price of a $2,000 pendant and $10,000 training courses also made Hassan suspicious. “I’m reminded of so many other cults that would sell jewelry that was blessed by the master,” he said.“One thing about psychology is that when people do a behavior that’s a big deal, whether it’s more money they spend, the more they start justifying how great it is. If you are a cult leader, you want your followers to do bigger and dramatic things to keep them involved.”Read more at The Daily Beast.Got a tip? Send it to The Daily Beast hereGet our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.

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