Rising Incidence of Cardiovascular Diseases Fuels Demand for Holter Monitoring Systems, According to New Report by Global Industry Analysts, Inc.

GIA announces the release of a comprehensive global report on Holter Monitoring Systems markets. Global market for Holter Monitoring Systems is projected to reach US$474.6 million by 2018, driven by aging global population, and the development of innovative products.

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Holter Monitoring Systems: A Global Strategic Business Report

San Jose, CA (PRWEB) May 06, 2013

Follow us on LinkedIn – Holter monitoring devices are well accepted among clinicians and patients, and are presently used as a standard in cardiac diagnostic processes. Growth in the Holter market is technology-dependent, with demographics and technology advances continuing to drive growth. The market is driven by the increasing prevalence of cardiovascular diseases and rising mortality rates associated with the disease. Rising healthcare costs and efforts to reduce duration of hospital stays, as part of cost-cutting measures, are also expected to bolster demand for Holter monitoring systems. Technological advancements like the development of hybrid systems and disposable monitoring devices are expected to encourage adoption and frequency of use of the system.

As stated by the new market research report on Holter Monitoring Systems, the United States remains the single largest market worldwide. Future growth in the market is forecast to stem from developing regions such as Asia-Pacific. Major markets offering tremendous growth opportunities include China, India, Malaysia, Indonesia, the Philippines and Singapore among others. With cardiovascular diseases becoming a cause of concern in these regions, demand for preventive care is rising, thereby fuelling demand for diagnostics devices used in the area of cardiology. The market in Asia-Pacific remains largely underdeveloped and underpenetrated. The massive untapped potential offered especially in underserved remote rural areas in China and India, is forecast to drive growth in the market to the tune of 7.6% over the analysis period.

Growing adoption of Holter monitoring devices in physician clinics, as against its conventional use in hospitals, is also expected to drive growth in the market. Large Hospitals represent the largest end-user market for Holter monitoring systems worldwide, while physician clinics are forecast to drive future growth.

Major players profiled in the report include Braemar Inc., Cardiac Science Corporation, Fukuda Denshi Co. Ltd., GE Healthcare, Medicomp Inc., Mortara Instrument Inc., Philips Healthcare, Schiller AG, Scottcare Corporation, Sorin Group, and Spacelabs Healthcare Inc.

The research report titled “Holter Monitoring Systems: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, company profiles, mergers, acquisitions and other strategic industry activities. The report provides market estimates and projections in US$ for all major geographic markets including the US, Canada, Japan, Europe (France, Germany, Italy, UK, and Rest of Europe), Asia-Pacific, Latin America, and Rest of World. The market is analyzed by end-user sectors including Large Hospitals, Mid-Sized Hospitals, and Other Settings.

For more details about this comprehensive market research report, please visit –
http://www.strategyr.com/Holter_Monitoring_Systems_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

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Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

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