The holter monitor market has seen considerable growth due to a variety of factors.
• The holter monitor market has grown significantly in recent years. It will rise from $1.02 billion in 2024 to $1.12 billion in 2025, reflecting a compound annual growth rate (CAGR) of 10.0%.
The historical period's growth is driven by the emergence of remote patient monitoring solutions, higher adoption rates among the elderly, increasing healthcare expenditure worldwide, evolving guidelines for continuous cardiac monitoring, and a greater emphasis on early cardiac abnormality detection.
The holter monitor market is expected to maintain its strong growth trajectory in upcoming years.
• The holter monitor market is projected to reach $1.62 billion by 2029, growing at a CAGR of 9.6%.
Growth drivers include telemedicine expansion, the aging population, rising cardiovascular disease rates, AI advancements, and demand for personalized and preventive healthcare. Trends include wireless and patch monitor adoption, ambulatory ECG services growth, home cardiac monitoring programs, compact device development, and telemedicine integration.
The rising prevalence of cardiovascular diseases is expected to drive the holter monitor market forward. Cardiovascular diseases are conditions affecting the heart and blood vessels, often leading to complications like heart attacks and strokes. These diseases are becoming more common due to unhealthy lifestyles, poor diets, rising obesity levels, and aging populations. Holter monitors are used for continuous heart rhythm monitoring, helping in the diagnosis and management of conditions like arrhythmias and ischemic events. For example, in May 2024, the Centers for Disease Control and Prevention reported that heart disease caused 702,880 deaths in 2022, accounting for one in every five deaths. Each year, about 805,000 people in the U.S. experience heart attacks, with 605,000 being first-time heart attacks. This growing incidence of cardiovascular diseases is driving the holter monitor market.
The holter monitor market covered in this report is segmented –
1) By Product Type: Wired, Wireless
2) By Channel Type: 3 Channel, 12 Channel, Other Channel Types
3) By Monitoring Capacity: Upto 7 Days, Above 7 Days
4) By End User: Hospitals, Specialty Cardiac Centers, Other End Users
Subsegments:
1) By Wired: Single-Channel Wired Holter Monitor, Multi-Channel Wired Holter Monitor, Standard Wired Holter Monitors (12-lead Ecg), Portable Wired Holter Monitors, Long-Term Continuous Monitoring Wired Devices, Hospital-Grade Wired Holter Monitors
2) By Wireless: Single-Channel Wireless Holter Monitor, Multi-Channel Wireless Holter Monitor, Bluetooth-enabled Wireless Holter Monitors, Cloud-Connected Wireless Holter Monitors, Wearable Wireless Holter Monitors ( Patches Or Wristbands), Mobile App-Integrated Wireless Holter Monitors
Leading firms in the holter monitor market are primarily focused on the creation of technologically advanced products that can procure high-quality ECG recordings. The term 'high-quality ECG recording' refers to the acquisition of precise and dependable heart electrical signals, which are crucial for the diagnosis of various heart-related conditions. For example, Norav Medical, a Germany-based company known for its pioneering medical devices, unveiled the NR-314P Holter gadget in November 2023. This groundbreaking Holter gadget, remarkably lightweight at 41g, can provide continuous ECG recording for up to 14 days. Among its features are 3-lead ECG technology, wireless connectivity, and smooth EHR/HIS system integration through HL7 and DICOM. The NR-314P is designed to allow uninterrupted daily routines with its rechargeable battery and water-proof design. It aids in improved patient care with its superior analysis capabilities. With features such as its water-resistant and lightweight nature and a rechargeable lithium polymer battery, it encourages user adherence to long-term monitoring by allowing continuous ECG recording even during regular daily tasks.
Major companies operating in the holter monitor market are:
• Koninklijke Philips N.V.
• GE HealthCare Technologies
• Baxter Laboratories Inc.
• Lepu Medical Technology(Beijing)Co Ltd.
• Fukuda Denshi Co Ltd.
• Bittium Corporation
• BTL Corporate
• iRhythm Technologies Inc.
• Schiller AG
• Edan Instruments Inc.
• Contec Medical Systems Co Ltd.
• BPL Medical Technologies
• ScottCare Corporation
• EB Neuro S.p.A
• Advanced Instruments Inc.
• Custo Med GmBH
• ACS Diagnostics GmbH
• Biotricity Inc.
• Nasiff Associates Inc.
• Cortrium ApS
• Cardioline S.p.A.
• Labtech Ltd.
• Aspel SA
• Borsam BioMedical Instruments Co. Ltd.
• AMEDTEC Medizintechnik Aue GmbH
North America was the largest region in the holter monitor market in 2023. The regions covered in the holter monitor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.