Holter Monitoring Systems Market, By Product (Holter Monitoring Devices, Event Monitoring Devices, Software), By End User (Hospitals, Diagnostic Centers, Clinics, Ambulatory Surgical Centers), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

Published In : Mar 2020

Code : CMI937

Pages :110

Formats :

Excel and PDF

Industry : Medical Devices

Market Challenges And Opportunities

Global Holter Monitoring Systems Market: Restraints

Holter monitoring devices are subject to stringent approval guidelines and insurance coverage policies related to the devices are weak in several countries, which is expected to hinder growth of the market. The average reimbursement for Holter monitoring study is estimated to be less than US$ 100, which is comparatively lesser than mobile cardiac telemetry reimbursement.

Moreover, lack of expertise required for analysis of data in emerging countries is also hampering growth of the Holter monitoring systems market.

Global Holter Monitoring Systems Market: Opportunities

Increasing emphasis on development of expertise in handling of Holter monitoring systems is expected to offer lucrative growth opportunities for players in the market. For instance, NorthEast Monitoring, Inc., a U.S.-based company, offers training for Holter technology with its ambulatory cardiac hardware and software solutions.

Moreover, increasing number of public and private hospitals in emerging economies is also expected to aid in growth of the market. For instance, according to Ministry of Health and Family Welfare, Government of India, the number of government hospitals in India increased from 35,416 in 2017 to 37, 725 in 2018.