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According to our latest market research study on “Holter ECG Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Components, End-User,” the market is expected to reach US$ 1,017.57 million by 2028 from US$ 587.61 million in 2021; it is estimated to grow at a CAGR of 8.2% from 2021 to 2028. The report highlights the market trends, drivers, and deterrents. The growing prevalence of CVDs and the significantly rising elderly population drive the market growth. However, the lack of skilled professionals leading to inaccurate Holter ECG analysis hampers the growth of the market.

Based on components, the global Holter ECG market is segmented into wired Holter monitors, wireless Holter monitors, and Holter analysis systems and software. In 2020, the wired Holter monitors segment held the largest share of the market. However, the wireless Holter monitors segment is expected to register the highest CAGR in the market during 2021–2028. With the help of wireless Holter monitors, individuals can easily move around independently. Therefore, the adaption of these devices is increasing, which is expected to drive the market during the forecast period.

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BPL Medical Technologies; FUKUDA DENSHI; General Electric; Koninklijke Philips N.V.; Nihon Kohden Corporation; OSI Systems, Inc.; SCHILLER Healthcare India Pvt. Ltd.; EB Neuro S.P.A; Hill Rom Holding Inc.; and Viatom Technology Co., Ltd. are among the key companies operating in the Holter ECG market. The market leaders focus on new product launch, expansion and diversification, and acquisition strategies, which allow them to tap into prevailing business opportunities.

Various arrhythmias were reported to patients during the COVID-19 pandemic. This has resulted in further complexity because of COVID-19. Therefore, the demand for portable devices is increasing, which continues to drive the growth of the halter monitor market. Also, cardiac surgeons were overloaded with the emergency surgeries of cardiac patients, management of COVID-19 patients, and implementation of safety guidelines to prevent the spread of the novel coronavirus. COVID-19 pandemic is challenging hospital capacity and healthcare workers. In such a setting, it is imperative to properly select stable COVID-19 patients to be treated at home. Therefore, family physicians and their patients have been empowered with accurate and portable home diagnostic devices, such as electrocardiogram (ECG) devices. Thus, the COVID-19 pandemic has a significant impact on the market.

In February 2021, Hillrom announced the acquisition of Contact-Free Continuous Monitoring Technology from EarlySense.

In January 2021, Royal Philips announced that it had signed an agreement to acquire Capsule Technologies, Inc., a leading provider of medical device integration and data technologies for hospitals and healthcare organizations.

The global Holter ECG market is segmented into components, end-user, and geography. In terms of components, the market is segmented into wired Holter monitors, wireless Holter monitors, and Holter analysis systems and software. Based on end-user, the Holter ECG market is segmented into hospitals and clinics, ambulatory surgical centers, home settings, and others. The market, by geography, is broadly segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South and Central America.

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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