North America Holter ECG Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Wired Holter Monitors, Wireless Holter Monitors, and Holter Analysis Systems & Software) and End User (Hospitals & Clinics, Home Settings, Ambulatory Surgical Centers, and Other End Users)
The North America holter ECG market is expected to grow from US$ 216.83 million in 2021 to US$ 379.35 million by 2028; it is estimated to grow at a CAGR of 8.3% from 2021 to 2028.
An ECG Holter monitor is a wearable device which helps in tracking the proper functioning of the heart. This device is used to conduct test, especially on individuals susceptible to developing a cardiovascular disease. The individual is asked to wear the device for around two to three days, where the heart's activity is tracked down. The data obtained is then analyzed with the help of an analysis software, which helps the doctors to suggest an appropriate treatment to the patient. The Holter ECGs market is characterized by the presence of many small and big companies. To increase their market share, market players are taking up various strategies, such as new product launches, regional expansion, and technological advancements. Holter ECG monitors are safer and more effective than ever with continued innovation and technological advances, leading to increased acceptance of Holter ECGs. Leading players are investing in R&D to develop advanced technologies and gain more revenue share.
As the COVID-19 pandemic continued to unfold, medical device companies began facing difficulties while managing their operations. Many cardiac monitoring product providers have presence in the US, and they experienced the adverse effects of the pandemic from March 2020 through early 2021 due to the framed policies of US healthcare authorities about elective cardiac surgeries. However, the demand for arrhythmia monitoring devices in the region had a substantial impact on the adoption of Holter ECG. Disturbed distribution and decreased demand for these products limited the North America Holter ECG market growth in the last two years.
With the new advancements and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America holter ECG market. The rising demand for CVDs diagnosis is expected to increase the sales of Holter ECGs. Leading market players increase their penetration across emerging markets by expanding their distribution networks and augmented manufacturing capabilities. Emerging markets in Mexico are expected to offer potential growth opportunities for crucial Holter ECG manufacturers in the years to come. This can be attributed to the large patient population, high prevalence of CVDs (such as atrial arrhythmias, ventricular arrhythmias, and ventricular atrial fibrillation), increasing disposable income, improving healthcare infrastructure, and growing medical tourism in these countries. As the US markets mature, most players are shifting their focus to emerging markets. High investments in life science and health research in emerging countries play a key role in upgrading the latest technologies in these countries. This factor, in turn, supports the inclination toward CVDs diagnosis.
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North America Holter ECG Market Segmentation
North America Holter ECG Market – By Component
- Wired Holter Monitors
- Wireless Holter Monitors
- Holter Analysis Systems & Software
North America Holter ECG Market – By End User
- Hospitals & Clinics
- Home Settings
- Ambulatory Surgical Centers
- Other End Users
North America Holter ECG Market – By Country
- US
- Canada
- Mexico
- Fukuda Denshi
- General Electric
- Koninklijke Philips N.V.
- Nihon Kohden Corporation
- OSI Systems, Inc.
- Schiller Healthcare India Pvt. Ltd.
- Hill Rom Holding In
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Holter ECG Market – By Component
1.3.2 North America Holter ECG Market – By End User
1.3.3 North America Holter ECG Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Holter ECG Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Experts Opinion
5. Holter ECG Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Prevalence of Cardiovascular Diseases (CVDs)
5.1.2 Significant Rise in Elderly Population
5.2 Market Restraints
5.2.1 Lack of Skilled Professionals Leading to Inaccurate Holter ECG Analysis
5.3 Market Opportunities
5.3.1 Untapped Potential of Emerging Economies
5.4 Future Trends
5.4.1 Rising Number of Product Approvals and Launches
5.5 Impact Analysis
6. Holter ECG Market– North America Analysis
6.1 North America Holter ECG Market Revenue Forecast and Analysis
6.2 List of Market Key Players
7. North America Holter ECG Market Revenue and Forecasts To 2028– by Component
7.1 Overview
7.2 North America Holter ECG Market, By Component, 2021 & 2028 (%)
7.3 Wired Holter Monitors
7.3.1 Overview
7.3.2 Wired Holter Monitors: Holter ECG Market Revenue and Forecasts to 2028 (US$ Million)
7.4 Wireless Holter Monitors
7.4.1 Overview
7.4.2 Wireless Holter Monitors: Holter ECG Market Revenue and Forecasts to 2028 (US$ Million)
7.5 Holter Analysis Systems and Software
7.5.1 Overview
7.5.2 Holter Analysis Systems and Software: Holter ECG Market Revenue and Forecasts to 2028 (US$ Million)
8. North America Holter ECG Market Revenue and Forecasts To 2028 – End User
8.1 Overview
8.2 North America Holter ECG Market Share by Segment - 2021 & 2028 (%)
8.3 Hospital and Clinics
8.3.1 Overview
8.3.2 Hospital and Clinics: Holter ECG Market Revenue and Forecast to 2028 (US$ Million)
8.4 Ambulatory Surgical Centers
8.4.1 Overview
8.4.2 Ambulatory Surgical Centers: Holter ECG Market Revenue and Forecast to 2028 (US$ Million)
8.5 Home Settings
8.5.1 Overview
8.5.2 Home Settings: Holter ECG Market Revenue and Forecast to 2028 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: Holter ECG Market Revenue and Forecast to 2028 (US$ Million)
9. North America Holter ECG Market Revenue and Forecasts to 2028 – Country Analysis
9.1 North America: Holter ECG Market
9.1.1 Overview
9.1.2 North America: Holter ECG Market, by Country, 2021 & 2028 (%)
9.1.2.1 US: Holter ECG Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.1.1 Overview
9.1.2.1.2 US: Holter ECG Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.1.3 US: Holter ECG Market, by Component, 2019–2028 (US$ Million)
9.1.2.1.4 US: Holter ECG Market, by End User, 2019–2028 (US$ Million)
9.1.2.2 Canada: Holter ECG Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.2.1 Overview
9.1.2.2.2 Canada: Holter ECG Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.2.3 Canada: Holter ECG Market, by Component, 2019–2028 (US$ Million)
9.1.2.2.4 Canada: Holter ECG Market, by End User, 2019–2028 (US$ Million)
9.1.2.3 Mexico: Holter ECG Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.3.1 Overview
9.1.2.3.2 Mexico: Holter ECG Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.3.3 Mexico: Holter ECG Market, by Component, 2019–2028 (US$ Million)
9.1.2.3.4 Mexico: Holter ECG Market, by End User, 2019–2028 (US$ Million)
10. Impact Of COVID-19 Pandemic on North America Holter ECG Market
10.1 North America: Impact Assessment of COVID-19 Pandemic
11. North America Holter ECG Market–Industry Landscape
11.1 Overview
11.2 Growth Strategies in the Holter ECG Market (%)
11.3 Organic Developments
11.3.1 Overview
11.4 Inorganic Developments
11.4.1 Overview
12. Company Profiles
12.1 Fukuda Denshi
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 General Electric
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Koninklijke Philips N.V.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Nihon Kohden Corporation
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 OSI Systems, Inc.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Schiller Healthcare India Pvt. Ltd.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Hill Rom Holding Inc.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. US Holter ECG Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 2. US Holter ECG Market, by End User– Revenue and Forecast to 2028 (US$ Million)
Table 3. Canada: Holter ECG Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 4. Canada Holter ECG Market, by End User– Revenue and Forecast to 2028 (US$ Million)
Table 5. Mexico: Holter ECG Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 6. Mexico Holter ECG Market, by End User– Revenue and Forecast to 2028 (US$ Million)
Table 7. Organic Developments in the Holter ECG Market
Table 8. Inorganic Developments in the Holter ECG Market
Table 9. Glossary of Terms
LIST OF FIGURES
Figure 1. Holter ECG Market Segmentation
Figure 2. Holter ECG Market, By Country
Figure 3. North America Holter ECG Market Overview
Figure 4. Wired Holter Monitors Segment Held Largest Share of Component Segment in Holter ECG Market
Figure 5. US is Expected to Show Remarkable Growth During the Forecast Period
Figure 6. North America Holter ECG Market, Industry Landscape
Figure 7. North America: PEST Analysis
Figure 8. Experts Opinion
Figure 9. North America Holter ECG Market –Forecast and Analysis – 2021 - 2028
Figure 10. North America Holter ECG Market, by Component, 2021 & 2028 (%)
Figure 11. Wired Holter Monitors: Holter ECG Market Revenue and Forecasts to 2028 (US$ Million)
Figure 12. Wireless Holter Monitors: Holter ECG Market Revenue and Forecasts to 2028 (US$ Million)
Figure 13. Holter Analysis Systems and Software: Holter ECG Market Revenue and Forecasts to 2028 (US$ Million)
Figure 14. North America Holter ECG Market Share by Segment - 2021 & 2028 (%)
Figure 15. Hospital and Clinics: Holter ECG Market Revenue and Forecasts To 2028 (US$ Million)
Figure 16. Ambulatory Surgical Centers: Holter ECG Market Revenue and Forecasts To 2028 (US$ Million)
Figure 17. Home Settings: Holter ECG Market Revenue and Forecasts To 2028 (US$ Million)
Figure 18. Others: Holter ECG Market Revenue and Forecasts To 2028 (US$ Million)
Figure 19. North America: Holter ECG Market, by Key Country – Revenue (2021) (US$ Million)
Figure 20. North America: Holter ECG Market, by Country, 2021 & 2028 (%)
Figure 21. US: Holter ECG Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Canada: Holter ECG Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Mexico: Holter ECG Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Impact of COVID-19 Pandemic in North American Country Markets
Figure 25. Growth Strategies in the Holter ECG Market (%)
- Fukuda Denshi
- General Electric
- Koninklijke Philips N.V.
- Nihon Kohden Corporation
- OSI Systems, Inc.
- Schiller Healthcare India Pvt. Ltd.
- Hill Rom Holding Inc.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America holter ECG market.
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