Acknowledging the kind of traction gained by this market, Industry Data Analytics recently published a study report asserts the global Heart Rate Monitors Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 13.1% during the review period (2022 to 2027).
Heart rate monitors are mainly used for the constant use of counting heartbeats and hence the overall heart health. Presently, we are observing a continuously growing number as far as issues related to heart and cardiac disorders are concerned. The heart rate monitor market is growing extensively owing to the increasing choice of using wearable fitness devices in the last couple of years. Diagnostic wearable devices which are used for controlling, tracking, and monitoring an individual’s vital signs regularly have gathered the momentum in last few years.
The major contributors behind the rising market size of the heart rate monitor market are the increasing popularity of wearable diagnostic devices and ever-growing concerns relating to health. In addition, people suffering from diabetes and cardiac disorders are fueling the heart rate monitor market. Furthermore, an ever-increasing awareness across the world regarding how to control cardiovascular diseases is likely to increase the demand for these monitors. Diabetics and obesity have fueled the risk of heart diseases. However, the costly nature of these wearable bands and heart rate monitors is likely to hinder to growth of the market.
Top Key Players in the Heart Rate Monitors Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Heart Rate Monitors Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report include Fitbit, Xiaomi Corporation (HKSE:1810.HK), Apple Inc. (NasdaqGS:AAPL), Samsung, Garmin Ltd. (NYSE :GRMN), Suunto, Polar, Timex, EKHO, Mio Global, Scosche, Omron Corporation (Other OTC:OMRNY), Jarv, Wahoo and others
Industry News
2021 Noise Fit Core Smartwatch with Heart Rate Monitor and IP68 Water Resistance Introduced in India- On Monday, September 6, the popular wearables brand Noise launched the NoiseFit Core, its newest smartwatch. The slim smartwatch has a heart rate monitor and 13 sports modes. It has a battery life of up to 7 days in use and a standby time of up to 30 days. The NoiseFit Core has an IP68 rating for dust and water resistance. According to the company, its latest wearable is aimed at fitness enthusiasts.
2020 Redmi Smart Band is now available in India, featuring continuous heart rate monitoring, 5ATM water resistance, and 14-day battery life. On Tuesday, Xiaomi Redmi launched its first "smart" fitness band in India, and it, like any other Redmi product, was surprised with its extensive feature set and low price. The fitness band, simply known as the Redmi Smart Band, features a color display, continuous heart rate monitoring with idle alert, 5ATM water resistance, app notifications, and up to 14-day battery life.
2021 Amazfit Power Buds Pro with Adaptive ANC and Heart Rate Monitoring for Exercise China-based launch- On Tuesday, Amazfit Powerbuds Pro true wireless stereo (TWS) earphones were released in China. They include sensors for adaptive active noise cancellation (ANC) and health monitoring. With ANC turned off, the Amazfit Powerbuds Pro earphones can last up to 9 hours on a single charge, and the charging case provides an additional 21 hours. The Amazfit TWS earphones were released globally in July and have an IP55 dust and water resistance rating. The earphones also have sports and fitness features like sports data tracking, real-time sports notifications, and more.
Heart Rate Monitors Market is segmented based on the type, applications, companies, and regions.
By Type
By the end user’s
By Method
By Portability
By Application
The rising demand for the heart rate monitor market due to advanced technology in medical devices and the presence of a patient pool in the Asia Pacific region is driving the growth of the global heart rate monitor market. The Middle East & Africa holds the minimum shares in the global heart rate monitor market due to low penetration technology in developing countries and regions mainly in the African region.
The Heart Rate Monitors Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Heart Rate Monitors Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 13.1% during the review period (2022 to 2027). |
By Type | By Types
By the end user’s
By Method
By Portability
|
By Application |
|
By Companies | Fitbit, Xiaomi Corporation (HKSE:1810.HK), Apple Inc. (NasdaqGS:AAPL), Samsung, Garmin Ltd. (NYSE :GRMN), Suunto, Polar, Timex, EKHO, Mio Global, Scosche, Omron Corporation (Other OTC:OMRNY), Jarv, Wahoo and others |
Regions Covered |
|
Countries Covered |
|
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 115 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Influenza Diagnostics Market is studied from 2017 - 2027.
What is the growth rate of Influenza Diagnostics Market?
The Influenza Diagnostics Market is growing at a CAGR of 13.1% over the next 5 years.
Who are the leading key players in Influenza Diagnostics Market?
Fitbit, Xiaomi Corporation (HKSE:1810.HK), Apple Inc. (NasdaqGS:AAPL), Samsung, Garmin Ltd. (NYSE :GRMN), Suunto, Polar, Timex, EKHO, Mio Global, Scosche, Omron Corporation (Other OTC:OMRNY), Jarv, Wahoo and others
What regions regions does this Influenza Diagnostics Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Influenza Diagnostics Market?
By Type- Chest Heart Rate Monitors, Wrist Heart Rate Monitors, By the end user’s- Fat Burn, Cardio, Peak, By Method- Invasive, Non-Invasive, By Portability, Portable, Non-Portability
What are the significant Applications of Influenza Diagnostics Market?
Intrapartum Fetal Monitoring, Antepartum Fetal Monitoring
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
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EXPERT VALIDATION
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REPORT WRITING/ PRESENTATION
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