New York, NY -- (SBWIRE) -- 02/13/2015 -- Holter monitoring systems refer to devices that are required for recording, analyzing, diagnosing, and communicating ECG data to healthcare professionals at any time. Holter monitoring devices are portable medical devices used to monitor heart rhythms. These devices are well accepted among clinicians and patients. Holter monitoring devices are a type of electrocardiogram (ECG), also known as ambulatory electrocardiograms, are used to record daily activities. Holter monitoring systems help to detect silent ischemia and abnormal heart rhythms. Heartbeat abnormalities can be related to stress, sleep problems, and other health issues. Increasing prevalence of obesity and rising stress levels are contributing to the increase in the incidences of heart diseases. Rise in the prevalence of cardiovascular diseases and technological advancements such as introduction of disposable monitoring devices and development of hybrid systems for the treatment of heart diseases are some of the major factors driving growth of the holter monitoring systems market.

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Holter monitoring devices are used in high risk heart patients for constant monitoring of heart rhythms during a diagnosis. Holter monitors do not pose risks and are not painful for patients to wear.

North America, followed by Europe, holds the largest market for holter monitoring systems due to technological advancements, increasing prevalence of cardiovascular disorders, rise in healthcare expenditure, and improved healthcare infrastructure in this region. Asia is expected to witness high growth rates in the holter monitoring systems market in the next few years due to improving healthcare infrastructure, increasing disposable income, growing incidences of heart diseases, and rise in awareness regarding cardiovascular diseases and their treatments in this region.

Technological advancements, increasing healthcare costs, rise in incidences of cardiovascular diseases, government initiatives , and increasing death rates due to heart diseases and growing aging population are expected to drive the market for holter monitoring systems. In addition, need for reduction in the duration of hospital stay, growing demand for preventive care, increasing disposable income, rise in awareness regarding cardiovascular diseases and availability of relevant diagnosis products in the market, and changing lifestyle are expected to drive growth of the holter monitoring systems market . However, reimbursement issues and lack of experienced professionals to conduct treatments for cardiovascular diseases are some of the major factors restraining growth of the global holter monitoring systems market.

Growing population and economies in the developing countries such as India and China are expected to drive growth of the holter monitoring systems market in Asia. In addition, rise in demand for diagnostics devices for heart diseases, increasing incidence of cardiovascular diseases, growing awareness regarding heart diseases, introduction of innovative products along with technological advancements such as high resolution recording, extended recording time, and increased diagnostic yield are expected to create new opportunities for the global holter monitoring systems market. Increasing number of mergers and acquisitions, rise in the number of collaborations and partnerships, and product launches are some of the latest trends in the global holter monitoring systems market. Some of the major companies operating in the global holter monitoring systems market are Alba Medical Systems, Braemar, Inc., GE Healthcare, Philips Healthcare, Spacelabs Healthcare, Inc., and Fukuda Denshi Co., Ltd. In addition, some other companies operating in the global holter monitoring systems market are Cardiac Science Corporation, Mortara Instrument, Inc., Biomedical Systems, Schiller-AG, Sorin Group, and Scottcare Corporation.

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Key points covered in the report:

1) Report segments the market on the basis of types, application, products, technology, etc (as applicable)

2) The report covers geographic segmentation

North America
Europe
Asia
RoW

3) The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020

4) The report provides company profiles of some of the leading companies operating in the market

The report also provides porters five forces analysis of the market.

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