Global Holter monitors market is growing despite introduction of wearables

Posted by iRhythm Technologies on July 14, 2016
iRhythm Technologies

Despite the influx of new wearable patient monitors, traditional Holter monitors are still thriving. The global Holter monitors market for mid-size hospitals generated $77 million in 2015 and is expected to hit $99.8 million by 2020, according to a Technavio report. 

Large hospitals including multi-specialty hospitals and hospital groups made up the largest segment for Holter monitors in 2015 with about 50 percent of the market share. Due to the rising popularity of home-based monitoring and the decline in hospital admittance for cardiac disorders, the sale of Holter monitors is predicted to slowly increase among these hospitals. 

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