The global Holter monitors market to grow at a CAGR of 5.09% during the period 2016-2020.
Global Holter Monitors Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Healthcare facilities are trying to increase the efficiency of their services, reduce medical expenses, and improve disease diagnoses. This has fueled the demand for cardiac data management solutions that connect cardiac monitoring devices to a centralized database. These solutions help automate the processing, storage, and distribution of data collected from Holter monitors.
According to the report, factors like the rising incidence of cardiac disorders such as bradycardia, ventricular fibrillation, cardiac arrest, and tachycardia are expected to propel the market for Holter monitors in the coming years. With aging, heart muscles lose their elasticity and ability to respond to different pressure rates which make older people more susceptible to cardiac disorders.
Further, the report states that Threat from alternatives hinders the market growth of Holter monitors.