News | iRhythm

Global Holter monitors market is growing despite introduction of wearables

Written by iRhythm Technologies | July 15, 2016

Dotmed.com

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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