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Wearable Heart Monitoring Devices Market - Global Industry Analysis and Forecast 2026

Added: (Thu Mar 07 2019)

Pressbox (Press Release) - Transparency Market Research in its new report titled, “Wearable Heart Monitoring Devices Market- Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026,” provides key insights on the Preclinical CRO Market. A wearable heart rate monitor is a personal monitoring device. It enables real time measurement of heart rate. Wearable heart rate monitors are available in two forms: wrist bands and chest straps. These are especially designed to work in extreme conditions, and are compact and lightweight. Advanced models of heart rate monitors also provide activity, heart rate variation, breathing rate, and core temperature.


The global wearable heart monitoring devices market is expected to grow rapidly due to factors such as ease of use, low cost, rise in obesity among the population, and increase in awareness about fitness. Additionally, cardiac conditions such as atrial fibrillation (AFib) need continuous and extensive monitoring.


The global wearable heart monitoring devices market can be segmented based on product, type, application, end-user, and region. In terms of product, the global market can be classified into optical technology based, electric pulse based, and others. The optical technology based segment can be categorized into earphones, smart watches, and others.


The electric pulse based segment can be divided into chest patches, chest straps, and others. Based on type, the global wearable heart monitoring devices market can be classified into Bluetooth enabled, chargeable, non-chargeable, and others. In terms of application, the global market can be categorized into health care, consumer market, and others. Based on end-user, the global wearable heart monitoring devices market can be divided into hospitals, retail pharmacies, academic institutes, and others.


Geographically, the global wearable heart monitoring devices market can be segmented into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. Each region can be divided into specific countries such as the U.S., Canada, Germany, the U.K., Brazil, China, India, Japan, and GCC Countries.


North America dominated the global wearable heart monitoring devices market because of high prevalence of AFib diseases and increase in health care expenditure. Moreover, presence of developed economies such as the U.S. and Canada and global players such as Medtronic and Briggs Healthcare fuel market growth. Asia Pacific is considered to be the most attractive market for wearable heart rate monitoring devices during the forecast period due to increase in health care expenditure and favorable government policies.


Key players operating in global wearable heart monitoring devices market are Kinetec Products UK Ltd., Medtronic, Beurer GmbH, Medisana AG, Briggs Healthcare, Polar Electro, SUUNTO, Koninklijke Philips N.V., and Garmin Ltd., among others.


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Submitted by:Vasim Shikalgar
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