Heart Rate Monitoring Devices Market Size & Share, by Type (Wearable, Non-Wearable); Indication (Sports, Medical); End-user (Hospitals & Clinics, Sports Care Centers, Professionals, Individuals) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2033

  • Report ID: 411
  • Published Date: Feb 13, 2023
  • Report Format: PDF, PPT

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

Browse Key Market Insights with Data Illustration:


In The News

  •  Apple Inc., has introduced the latest iOS 15 configuration that allows the users to share their health related data to their family, loved ones or a physician to receive health insights. Also, the new added tools in iOS 15 is upgraded to identify, measure, and understand the changes in an individual’s health data.

  •  Samsung Electronics Co., Ltd., announced that users of the Galaxy Watch3 and Galaxy Watch Active2 now be able to track their blood pressure and receive electrocardiogram benefits via the Samsung Health Monitor app. This means that, in addition to heart rate, people are now kept informed about their health throughout the day.

Author Credits:  Radhika Gupta, Shivam Bhutani

  • Report ID: 411
  • Published Date: Feb 13, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The major factors responsible for the growth of the heart rate monitoring devices market are the increasing cases of cardiovascular cases and the rising awareness about health and fitness.

The market is anticipated to attain a CAGR of 9% over the forecast period, i.e., 2023-2033.

Lack of health awareness, concern about obtaining accurate results and the high cost of the devices are assumed to hamper the growth of heart rate monitoring devices market.

The market in North America is projected to hold the largest market share by the end of 2033 and provide more business opportunities in the future.

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., and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by type, indication, end users, and by region.

The hospitals and clinics segment is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.
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