Companies Dominating the Heart Rate Monitoring Devices Landscape
- Apple Inc.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Samsung Electronics Co. Ltd.
- Fitbit International Limited
- Visiomed Group SA
- Nike, Inc.
- Beurer GmbH
- Omron Healthcare, Inc.
- LG Electronics Inc.
- TomTom International BV
- Sony Group Corporation
- Abbott
Companies in the heart rate monitoring devices market are launching several advanced devices for customer convenience and ease of use. In February 2024, Samsung introduced the Galaxy Ring which is a smart ring that incorporates wearable technologies, convenient for fitness tracking, and is designed as a piece of jewellery. Such advancements are projected to keep the market competitive and bring further expansion opportunities. Some of the most prominent players in the market include:
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of heart rate monitoring devices is estimated at USD 38.56 billion.
The heart rate monitoring devices market size was valued at USD 36 billion in 2024 and is set to exceed USD 109.06 billion by 2037, registering over 8.9% CAGR during the forecast period i.e., between 2025-2037. The market growth is impelled by increasing cases of cardiovascular cases and the rising awareness about health and fitness.
North America industry is predicted to hold largest revenue share of 40% by 2037, on the back of increasing awareness about health and wellness along with the adoption of fitness devices & applications in the region.
The major players in the market are Apple Inc., Samsung Electronics Co. Ltd., Fitbit International Limited, Visiomed Group SA, Nike, Inc., Beurer GmbH, Omron Healthcare, Inc., LG Electronics Inc., TomTom International BV, Sony Group Corporation
