Persistence Market Research is released new forthcoming report on title "Holter Monitoring Systems Market: Global Industry Analysis and Forecast to 2020".
New York, NY -- (SBWIRE) -- 12/10/2014 -- Holter monitoring system refers to the devices that are required for recording, analyzing, diagnosing and communicating ECG data with the healthcare professionals at any time. Holter monitoring device is a portable medical device that is used in monitoring heart rhythm and is well accepted by among clinician and patients. Holter monitoring devices that are used to record electrocardiogram (ECG) of daily activities are called ambulatory electrocardiograms. Holter monitoring systems help to detect silent ischemia and other abnormalities of the heart rhythm. Heartbeat abnormalities can be related to the stress, sleep and random. Increasing prevalence of obesity and rising stress level are contributing in the growth of number of heart diseases. Rise in prevalence of cardiovascular diseases and technological advancements such as disposable monitoring devices and development of hybrid systems for treatment of heart diseases are some of the main factors that are driving the holter monitoring systems market. Holter monitoring devices help to the high risk heart patients by continuously monitoring heart rhythm during diagnosis. Holter monitors have no risks and wearing these devices are not painful to the patients.
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North America, followed by Europe, has the largest market for holter monitoring systems. This is due to technological advancement, increasing prevalence of cardiovascular disorders, rise in healthcare expenditure and developed healthcare infrastructure in this region. Asia is expected to experience high growth rate in the holter monitoring systems market in next few years due to developing healthcare infrastructure, increasing disposable income, growing incidence of heart diseases and rise in awareness of cardiovascular diseases and their treatments in the region.
Technological advancement, increasing healthcare cost, rise in incidence of cardiovascular diseases, government initiatives, increasing death rates due to heart diseases and growing aging population are expected to drive the market for holter monitoring systems. In addition, need for reduce duration of hospital stay, growing demand for preventive care, increasing disposable income, rise in awareness about cardiovascular diseases and its diagnosis products available in the market and changing lifestyle habits are expected to drive the market for holter monitoring systems. However, reimbursement issues and lack of experienced professionals for cardiovascular diseases treatment are some of the major factors restraining the growth for global holter monitoring systems market.
Growing demographics and economies in the developing countries such as India and China is expected to lead the growth in holter monitoring systems market in Asia. In addition, rise in demand for diagnostics devices for heart diseases, increasing incidence of cardiovascular diseases, growing awareness about heart diseases and innovations along with technological advancement such as high resolution recording, extended recording time and increased diagnostic yield are expected to offer new opportunities for global holter monitoring systems market. Increasing number of mergers and acquisitions, rise in number of collaborations and partnerships and new product launches are some of the latest trends that have been observed in global holter monitoring systems market. Some of the major companies operating in the global holter monitoring systems market are Alba Medical Systems, Braemar, Inc., GE Healthcare, Philips Healthcare, Spacelabs Healthcare, Inc and Fukuda Denshi Co., Ltd. In addition, some other companies operating in the global holter monitoring systems market are Cardiac Science Corporation, Mortara Instrument, Inc., Biomedical Systems, Schiller-AG, Sorin Group, and Scottcare Corporation.
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Key points covered in the report:
1) Report segments the market on the basis of types, application, products, technology, etc (as applicable)
2) The report covers geographic segmentation
3) The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020
4) The report provides company profiles of some of the leading companies operating in the market
The report also provides porters five forces analysis of the market.
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