Mar 23, 2012

World - Global Holter Monitoring Systems Market To Reach US$162.7 Million By 2017


Global Holter Monitoring Systems Market To Reach US$162.7 Million By 2017, According To New Report By Global Industry Analysts, Inc.

Holter monitoring system, a compact version of an electrocardiograph, is used to record a patient’s cardiac rhythm for 24 hours or longer, to detect silent ischemia and other abnormalities that can be stress-related, sleep related and spontaneous or random.

Research programs have corroborated the significance and effectiveness of 24-hour holter monitoring systems in patients exhibiting high probability of arrhythmias, as well as unexplained syncope. High-risk patients need to be continuously monitored during diagnostic as well as patient care stages. With the healthcare environment worldwide placing significant emphasis on quick and accurate identification of patient problems and health risks, to avoid hospitalization, demand for holter monitoring systems continues to remain steady across all regional markets.

Besides an ageing population, factors such as high prevalence of obesity and increased stress levels are all contributing to the rise in heart ailments, which in turn have bolstered the demand for diagnostic cardiac monitoring devices. The market also stands to benefit from product advancements over the years aimed at offering high-resolution recording, increased diagnostic yield and extended recording time.

As stated by the new market research report on Holter Monitoring Systems, the United States represents the largest regional market. Asia-Pacific is projected to be the fastest growing market for holter monitoring systems, driven by improvement in healthcare infrastructure and increasing incidence of cardiovascular diseases in the region.

Cardiovascular diseases remain one of the major causes of death in Asia. Large hospitals constitute the leading end-use outlet for holter monitoring systems. Long-term growth in the market is expected in the area of event recorder systems and in the non-hospital holter market.

The holter monitoring systems market enjoys participation of several players. Major players profiled in the report include Alba Medical Systems Inc., Biotel Inc., Braemar Inc., Cardiac Science Corporation, Fukuda Denshi Co., Ltd., GE Healthcare UK Ltd., Medicomp Inc., Mortara Instrument Inc., Philips Healthcare, Schiller-AG, Sorin Group, and Spacelabs Healthcare Inc.

The research report titled “Holter Monitoring Systems: A Global Strategic Business Report” announced by Global Industry Analysts, Inc., provides a comprehensive review of trends, issues, strategic industry activities, and profiles of major companies worldwide. The report provides market estimates and projections in US$ Million for major geographic markets including US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World. Key end-outlets analyzed include Large Hospitals, Mid-Sized Hospitals, and Small Hospitals & Cardiology Clinics. Also, a seven-year (2000-2006) historic analysis is provided for additional perspective.




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