South and Central 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 South and Central America holter ECG market is expected to grow from US$ 36.67 million in 2021 to US$ 59.22 million by 2028; it is estimated to grow at a CAGR of 7.1% 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.
The COVID-19 pandemic has led to remarkable impacts on health systems, social life, and human behavior in South and Central America. Market participants and end users lost their businesses due to the shutdown of companies in the region for indefinite periods. Moreover, the outbreak has disrupted supply chains, and impacted the distribution of ECG and other devices. Restrictions were levied on trade affected various businesses in the region. In addition, a reduction in visits to healthcare centers as various procedures were postponed by these facilities, except the emergency cases, to avoid infection. These factors considerably deterred the growth of the South and Central America Holter ECG market. However, many governments have developed guidelines to provide uninterrupted and effective care to people, which are likely to drive the South and Central America Holter ECG market growth during the forecast period.
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 South and Central 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 Brazil 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 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.
South and Central America Holter ECG Market Revenue and Forecast to 2028 (US$ Million)
South and Central America Holter ECG Market Segmentation
South and Central America Holter ECG Market – By Component
- Wired Holter Monitors
- Wireless Holter Monitors
- Holter Analysis Systems & Software
South and Central America Holter ECG Market – By End User
- Hospitals & Clinics
- Home Settings
- Ambulatory Surgical Centers
- Other End Users
South and Central America Holter ECG Market – By Country
- Brazil
- Argentina
- Rest of South and Central America
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 South and Central America Holter ECG Market – By Component
1.3.2 South and Central America Holter ECG Market – By End User
1.3.3 South and Central America Holter ECG Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South and Central 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 Growth in the Cases of Cardiovascular Diseases (CVDs)
5.1.2 Upsurge 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 Unexplored Potentials
5.4 Future Trends
5.4.1 Heightening Number of Product Approvals and Launches
5.5 Impact Analysis
6. Holter ECG Market– South and Central America Analysis
6.1 South and Central America Holter ECG Market Revenue Forecast and Analysis
6.2 List of Market Key Players
7. South and Central America Holter ECG Market Revenue and Forecasts To 2028– by Component
7.1 Overview
7.2 South and Central 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. South and Central America Holter ECG Market Revenue and Forecasts To 2028 – End User
8.1 Overview
8.2 South and Central 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. South and Central America Holter ECG Market Revenue and Forecasts to 2028 – Country Analysis
9.1 South and Central America: Holter ECG Market Revenue and Forecasts To 2028
9.1.1 Overview
9.1.2 South and Central America: Holter ECG Market Revenue and Forecasts to 2028, By Country (%)
9.1.2.1 Brazil: Holter ECG Market- Revenue and Forecasts To 2028 (US$ Million)
9.1.2.1.1 Brazil: Holter ECG Market- Revenue and Forecasts To 2028 (US$ Million)
9.1.2.1.2 Brazil: Holter ECG Market- Revenue and Forecasts to 2028, By Component (US$ Million)
9.1.2.1.3 Brazil: Holter ECG Market- Revenue and Forecasts to 2028, By End User (US$ Million)
9.1.2.2 Argentina: Holter ECG Market- Revenue and Forecasts To 2028 (US$ Million)
9.1.2.2.1 Argentina: Holter ECG Market- Revenue and Forecasts To 2028 (US$ Million)
9.1.2.2.2 Argentina: Holter ECG Market- Revenue and Forecasts to 2028, By Component (US$ Million)
9.1.2.2.3 Argentina: Holter ECG Market- Revenue and Forecasts to 2028, By End User (US$ Million)
9.1.2.3 Rest of South and Central America: Holter ECG Market - Revenue and Forecast to 2028 (US$ Million)
9.1.2.3.1 Rest of South and Central America: Holter ECG Market - Revenue and Forecast to 2028 (US$ Million)
9.1.2.3.2 Rest of South and Central America: Holter ECG Market- Revenue and Forecasts to 2028, By Component (US$ Million)
9.1.2.3.3 Rest of South and Central America: Holter ECG Market- Revenue and Forecasts to 2028, By End User (US$ Million)
10. Impact Of COVID-19 Pandemic on South and Central America Holter ECG Market
10.1 South and Central America: Impact Assessment of COVID-19 Pandemic
11. South and Central 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 General Electric
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 Koninklijke Philips N.V.
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 Nihon Kohden Corporation
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 Schiller Healthcare India Pvt. Ltd.
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 Hill Rom Holding 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
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Brazil Holter ECG Market- Revenue and Forecasts to 2028, By Component (US$ Million)
Table 2. Brazil: Holter ECG Market- Revenue and Forecasts to 2028, By End User (US$ Million)
Table 3. Argentina Holter ECG Market- Revenue and Forecasts to 2028, By Component (US$ Million)
Table 4. Argentina Holter ECG Market- Revenue and Forecasts to 2028, By End User (US$ Million)
Table 5. Rest of South and Central America Holter ECG Market- Revenue and Forecasts to 2028, By Component (US$ Million)
Table 6. Rest of South and Central America Holter ECG Market- Revenue and Forecasts to 2028, By End User (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. South and Central America Holter ECG Market Overview
Figure 4. Wired Holter Monitors Segment Held Largest Share of Component Segment in Holter ECG Market
Figure 5. Brazil is Expected to Show Remarkable Growth During the Forecast Period
Figure 6. South and Central America Holter ECG Market, Industry Landscape
Figure 7. South And Central America: PEST Analysis
Figure 8. Experts Opinion
Figure 9. South and Central America Holter ECG Market –Forecast and Analysis – 2021 - 2028
Figure 10. South and Central 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. South and Central 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. South and Central America: Holter ECG Market, Revenue Overview, by Country, 2021 (US$ Million)
Figure 20. South and Central America: Holter ECG Market Revenue and Forecasts to 2028, By Country (%)
Figure 21. Brazil: Holter ECG Market- Revenue and Forecasts To 2028 (US$ Million)
Figure 22. Argentina: Holter ECG Market- Revenue and Forecasts To 2028 (US$ Million)
Figure 23. Rest of South and Central America: Holter ECG Market - Revenue and Forecast to 2028 (US$ Million)
Figure 24. Impact Of COVID-19 Pandemic in South and Central America Africa Country Markets
Figure 25. Growth Strategies in the Holter ECG Market (%)
- General Electric
- Koninklijke Philips N.V.
- Nihon Kohden Corporation
- Schiller Healthcare India Pvt. Ltd.
- Hill Rom Holding Inc.