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Heart Rate Monitors Global Market is Anticipated to Witness a 13.57% GAGR Expansion Between 2019 and 2026

According to the report, the Heart Rate Monitors market is predicted to achieve USD 3,598 million by 2026. This report examines the status quo and projections of the global Heart Rate Monitors market and analyzes the Heart Rate Monitors market by manufacturer, type, application, and region. This report focuses on top manufacturers in North America, Europe, Japan, China, India, Southeast Asia, and other regions (Central and South America, Middle East and Africa).

Market Summary

Overview:

A Heart Rate Monitor is a personal monitoring device that allows one to measure heart rate in real time or record the heart rate for later study.  It is mainly used to collect heart rate data while performing various types of physical exercise.

The Heart Rate Monitors market report covers the leading players in the market and analyzes their key strategies. Leading players in this market include:

Apple (U.S.)

Garmin Ltd. (U.S.)

Visiomed Group (France)

SAMSUNG ELECTRONICS Co. Ltd. (South Korea)

Nike (U.S.)

Fitbit Inc. (U.S.)

Mio Global (South Korea)

Beurer GmbH (Germany)

Omron Healthcare (Japan), Inc.

The prominent market players maintain the competitive edge in the global market by making investments in the mergers and acquisitions and by increasing their product portfolio.

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Value:

It is estimated that the total market value of the Heart Rate Monitors global market is poised to reach USD 3,598 million in 2026 from USD 1,476 million in 2019, with a CAGR of 13.57%.

Facilitating and Limiting Factors:

The Heart Rate Monitors market is expected to register substantial growth in the coming years, owing to the increasing trend for using wearable medical devices and rising emphasis on health and fitness. In addition, increasing awareness of health and prevention of various cardiovascular diseases will also positively influence market growth. However, the high cost of Heart Rate Monitors is expected to impede the growth of the market.

The Global Heart Rate Monitors market is broadly divided based on type, application, and region:

By type – wearable devices, non-wearable devices

By application – Common sports using, Patients using, Pregnant women using, the old using, Others

By region – North America, Asia-Pacific, Europe, Latin America, Middle East, and Africa, Others

Asia-Pacific is the largest market at a share of 33.20%, owing to the need for heart rate monitors and technologically advanced medical devices and the existence of a large patient population. In addition, increasing geriatric population and increasing healthcare expenditure are boosting the growth of the market.

North America is currently leading Europe with a share of 27.97% and 25.67%. The increasing emphasis on healthcare, high healthcare expenditure, well-developed technology, the concentration of key players in the market, and rising government support for the development of the advanced devices are factors driving the growth of the market in North America. Europe is anticipated to witness growth during the forecast period, owing to an increasing prevalence of cardiovascular diseases, increasing healthcare expenditure, and overall demand for wearable heart rate monitors.

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Table of Content

1 Report Overview

1.1  Product Definition and Scope

1.2  PEST (Political, Economic, Social and Technological) Analysis of Heart Rate Monitors Market

2 Market Trends and Competitive Landscape

3 Segmentation of Heart Rate Monitors Market by Types

4 Segmentation of Heart Rate Monitors Market by End-Users

5 Market Analysis by Major Regions

6 Product Commodity of Heart Rate Monitors Market in Major Countries

7 North America Heart Rate Monitors Landscape Analysis

8 Europe Heart Rate Monitors Landscape Analysis

9 Asia Pacific Heart Rate Monitors Landscape Analysis

10 Latin America, Middle East & Africa Heart Rate Monitors Landscape Analysis  

11 Major Players Profile

11.1 Apple (U.S.)

11.1.1 Apple (U.S.) Company Profile and Recent Development

11.1.2 Market Performance

11.1.3 Product and Service Introduction

11.2 Garmin Ltd. (U.S.)

11.3 Visiomed Group (France)

11.4 SAMSUNG ELECTRONICS Co. Ltd. (South Korea)

11.5 Nike (U.S.)

11.6 Fitbit Inc. (U.S.)

11.7 Mio Global (South Korea)

11.8 Beurer GmbH (Germany)

11.9 Omron Healthcare (Japan), Inc.

Audience:

  • Heart Rate Monitors manufacturers
  • Heart Rate Monitors importers and exporters
  • Heart Rate Monitors traders, distributors, and suppliers
  • Raw material suppliers of Heart Rate Monitors
  • Heart Rate Monitors industry associations
  • Product managers, Heart Rate Monitors industry administrator, C-level executives of the industries
  • Market Research and consulting firms
  • Healthcare organizations
  • Research & Clinical Laboratories

What Information does this report contain?

  • The report covers the prediction and analysis of the global Heart Rate Monitors market at the global and regional levels.
  • The report includes drivers and constraints that affect market growth.
  • Discussed details about market opportunities
  • The assessments for the regional market layout characteristics in the world.
  • The report includes detailed company profiles for prominent market participants.

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