Cardiac Holter Monitor Market Shows Steady Growth

The global market for cardiac holter monitors is expected to attain a market valuation of around USD 518.9 million by the end of 2024, expanding at a CAGR of around 6.6 percent from 2018 to 2024, estimates Transparency Market Research. Increase in government funding so as to create awareness about various cardiovascular disorders and its prevention, investments in research and development of advanced diagnostic devices, and shift of population toward preventive healthcare are the significant drivers of the market.

Regionally, North America dominates the market and is anticipated to continue with its dominance in the coming years as well, which is attributed to the investments that are being made by the significant market players in the industry of medical devices, and constant rise in incidences of cardiovascular disorders in the region. Asia-Pacific is expected to be a rapidly growing segment, with a very high CAGR in the years to come. Few of the important market players operating in the market are ScottCare Corporation, GE Healthcare, Spacelabs Healthcare, Fukuda Denshi, Koninklijke Philips, Biomedical Instruments, Schiller, BTL, LifeWatch, and Welch Allyn.