Market Overview:
The global portable holter monitor market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing prevalence of cardiovascular diseases, technological advancements in portable holter monitors, and rising demand for home-based cardiac care. Based on type, the global portable holter monitor market is segmented into channel 3 monitors, channel 12 monitors, and others. Channel 3 monitors held the largest share of the global portable holter monitor market in 2017 and are expected to continue to dominate during the forecast period. This can be attributed to their low cost and easy portability compared with other types of portable holter monitors.
Product Definition:
A portable Holter monitor is a device that continuously monitors the heart rhythm for a period of 24 to 48 hours. It is used to diagnose and track heart arrhythmias (abnormal heart rhythms).
Channel 3 Monitor:
The channel 3 monitor is used to monitor the Holter signals. It's a low power, single-channel device that can be attached to an EKG machine or person and provides real-time heart monitoring data. The market for channel 3 monitors is expected to grow at a significant rate owing to its advantages over other monitors such as chestnut, which includes greater sensitivity and accuracy in detecting life threats such as shortness of breath or cardiac arrest.
Channel 12 Monitor:
The Channel 12 monitor is a single-channel Holter monitoring device that provides real-time cardiac rhythm and heart rate information. It is used to evaluate the patient’s response to anesthetic agents during surgery. The market for channel 12 monitors has been growing gradually due to its advantages over other monitors such as increased sensitivity, ease of use, and low cost among others.
Application Insights:
The household use segment held the largest share of over 70.0% in 2017. The growing awareness about atrial fibrillation and other cardiac arrhythmia has resulted in an increased number of Holter monitoring devices being used at home by patients with no symptoms or history of cardiovascular diseases, which is expected to drive the market growth over the forecast period.
Medical use is expected to be one of the fastest-growing segments during the forecast period owing to increasing adoption for detecting Atrial Fibrillation (AF) and other cardiac arrhythmia, such as Long QT Syndrome (LQTS), heart block, and flutter/fluxury beats among others. Moreover, technological advancements coupled with improved performance are further anticipated to boost product demand among medical users across various regions globally.
For instance, introduction of faster trigger mode that enables real-time results transmission has led to a significant increase in demand from medical users across countries like China.
Regional Analysis:
North America dominated the global market in 2017. The increasing prevalence of heart diseases, growing geriatric population and technological advancements are some of the major factors contributing to its growth. In addition, government initiatives for disease prevention and awareness campaigns by various organizations are expected to drive demand over the forecast period.
Asia Pacific is expected to witness a lucrative CAGR during the forecast period owing to an increase in diabetes patients suffering from cardiac disorders coupled with growing awareness about portable holter monitors among physicians and patients. Moreover, economic development in countries such as India is also anticipated to contribute toward market growth over the next eight years due to increased disposable income which can be used for purchasing medical devices such as Holter monitor systems instead of other luxury goods or necessities like food & shelter etc., thus driving overall demand during this period.
Growth Factors:
- Increasing prevalence of cardiovascular diseases (CVDs)
- Growing geriatric population
- Rising demand for home healthcare services
- Technological advancements in portable holter monitor devices
- Increasing awareness about CVDs and their prevention
Scope Of The Report
Report Attributes
Report Details
Report Title
Portable Holter Monitor Market Research Report
By Type
Channel 3 Monitor, Channel 12 Monitor, Others
By Application
Household Use, Medical Use
By Companies
GE Healthcare, Philips Healthcare, Mortara Instrument, Applied Cardiac Systems, Schiller, Spacelabs Healthcare, Hill-Rom, MidMark, Medicomp, VectraCor, BORSAM, Scottcare, BioMedical Instruments, QRS Diagnostic
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
215
Number of Tables & Figures
151
Customization Available
Yes, the report can be customized as per your need.
Global Portable Holter Monitor Market Report Segments:
The global Portable Holter Monitor market is segmented on the basis of:
Types
Channel 3 Monitor, Channel 12 Monitor, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Household Use, Medical Use
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GE Healthcare
- Philips Healthcare
- Mortara Instrument
- Applied Cardiac Systems
- Schiller
- Spacelabs Healthcare
- Hill-Rom
- MidMark
- Medicomp
- VectraCor
- BORSAM
- Scottcare
- BioMedical Instruments
- QRS Diagnostic
Highlights of The Portable Holter Monitor Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Channel 3 Monitor
- Channel 12 Monitor
- Others
- By Application:
- Household Use
- Medical Use
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Portable Holter Monitor Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A Portable Holter Monitor is a small, battery-powered device that monitors heart rhythms through the use of electrodes placed on the skin. This type of monitor can be worn continuously for up to 24 hours, providing real-time information about your heart health.
Some of the key players operating in the portable holter monitor market are GE Healthcare, Philips Healthcare, Mortara Instrument, Applied Cardiac Systems, Schiller, Spacelabs Healthcare, Hill-Rom, MidMark, Medicomp, VectraCor, BORSAM, Scottcare, BioMedical Instruments, QRS Diagnostic.
The portable holter monitor market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Portable Holter Monitor Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Portable Holter Monitor Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Portable Holter Monitor Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Portable Holter Monitor Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Portable Holter Monitor Market Size & Forecast, 2020-2028 4.5.1 Portable Holter Monitor Market Size and Y-o-Y Growth 4.5.2 Portable Holter Monitor Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Channel 3 Monitor
5.2.2 Channel 12 Monitor
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Household Use
6.2.2 Medical Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Portable Holter Monitor Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Portable Holter Monitor Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Channel 3 Monitor
9.6.2 Channel 12 Monitor
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Household Use
9.10.2 Medical Use
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Channel 3 Monitor
10.6.2 Channel 12 Monitor
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Household Use
10.10.2 Medical Use
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Channel 3 Monitor
11.6.2 Channel 12 Monitor
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Household Use
11.10.2 Medical Use
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Channel 3 Monitor
12.6.2 Channel 12 Monitor
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Household Use
12.10.2 Medical Use
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Channel 3 Monitor
13.6.2 Channel 12 Monitor
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Household Use
13.10.2 Medical Use
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Portable Holter Monitor Market: Competitive Dashboard
14.2 Global Portable Holter Monitor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GE Healthcare
14.3.2 Philips Healthcare
14.3.3 Mortara Instrument
14.3.4 Applied Cardiac Systems
14.3.5 Schiller
14.3.6 Spacelabs Healthcare
14.3.7 Hill-Rom
14.3.8 MidMark
14.3.9 Medicomp
14.3.10 VectraCor
14.3.11 BORSAM
14.3.12 Scottcare
14.3.13 BioMedical Instruments
14.3.14 QRS Diagnostic