Published Date : 04 Feb 20 | Views: 121 | Industry : Consumer Goods
Ease of Usage and Convenience to Foster the Growth of the Wrist Heart Rate Monitors Segment.
on product the market is segmented into Wrist Heart Rate Monitors and Chest
Heart Rate Monitors. Athletes, fitness trainers, and heart patients
increasingly prefer Wrist Heart Rate Monitors due to its ease of usage and
convenience, which is likely to influence the growth of the Wrist Heart Rate
Monitors segment. The Wrist Heart Rate Monitors are lightweight and provide
accurate readings of breathing, heart rate, and temperature while assisting in health
monitoring activities. The application segment of the market is divided into
Peak, Cardio, and Fat Burn.
America is Expected to Offer Lucrative Growth Opportunities
presence of major medical device manufacturers in North America has resulted in
the region becoming the largest exporter of the Heart Rate Monitoring devices.
Rising cases of heart conditions particularly Atrial Fibrillation in the U.S. along
with increasing geriatric population is likely to foster the growth of the
market. The demand for Heart Rate Monitoring devices in China is expected to
grow due to increasing awareness regarding health. The region is expected to
grab a significant share of the market after the U.S. followed by the
Asia-Pacific region due to increasing healthcare spending and favorable
government policies promoting healthcare.
Players Keen to Integrate Technology for Developing Health Monitoring Devices
of the major key players of the market are Xiaomi, Fitbit, Samsung, Apple,
Garmin, Polar, Suunto, EKHO, Timex, Scosche, Mio Global, Waho, Jarv, and Omron.
Major players of the market are developing devices by integrating advanced
technologies to offer innovative solutions.
of Novel Medical Devices for Monitoring Heart to Boost Adoption of Heart Rate
Rising awareness regarding cardiovascular conditions, obesity, diabetes, and cholesterol has resulted in the development of novel medical devices. Increasing consciousness regarding fitness and destructive habits such as poor, diet, alcohol addiction, and a sedentary lifestyle is contributing to the growth of the market. Sports athletes and fitness trainers also require heart rate monitoring devices to help boost stamina and performance, which is expected to fuel the growth of the market.