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
Holter Monitors Market by Monitoring Capacity
Up to 7 Days
Above 7 Days
Holter Monitors Market by End-user
Specialty Cardiac Centers
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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