Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 381.6 Billion | USD 545.9 Billion | 5.9% | 2021 |
FrequentlyAsked Questions
Globally, a rise in the occurrence of heart blockages and arrests has been seen as a result of rapid urbanization, stressful work schedules, and increased intake of fast food. This has boosted demand for technologically improved gadgets that aid in the correct diagnosis of health concerns. Furthermore, governments in a number of nations are sponsoring efforts to raise public knowledge of various cardiovascular illnesses, their prevention, and treatment. Furthermore, a substantial movement among individuals toward minimally invasive diagnostic devices and preventative healthcare technologies is bolstering the market growth.
According to the Zion Market Research report, the global cardiac Holter monitor market was worth about 381.6 (USD billion) in 2021 and is predicted to grow to around 545.9 (USD billion) by 2028, with a compound annual growth rate (CAGR) of around 5.9 percent.
North America accounted for the biggest share in the global cardiac Holter monitor market in 2021, holding nearly 35 percent of the share in the global market. This is primarily due to rising patient desire for less invasive diagnostic techniques and greater government support for cardiovascular problem treatments. North America is likely to maintain its dominance in the cardiac Holter monitor market, owing to investments made by major companies in the medical device sector and a steady increase in the incidence of cardiovascular illnesses in the region.
Major players operating in the global cardiac Holter monitor market include GE Healthcare, Koninklijke Philips N.V., FUKUDA DENSHI, Spacelabs Healthcare, Nasiff Associates, Inc., Welch Allyn, Schiller, Biomedical Instruments Co., Ltd., BTL, LifeWatch AG, and The ScottCare Corporation.
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