Global Heart Rate Monitoring Devices Market 2016-2020

  • ID: 3920623
  • Report
  • Region: Global
  • 58 pages
  • TechNavio
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FEATURED COMPANIES

  • Adidas
  • Garmin
  • Jawbone
  • MYZONE
  • Polar Electro
  • Scosche Industries
  • MORE
About Diagnostic Wearable Medical Devices

Diagnostic wearable medical devices, used for monitoring, controlling, and tracking an individual's vital signs at regular intervals, have gained momentum in the past few years. These devices measure physiological information through remote or wireless communication and transmit this information to medical professionals or the user. These autonomous, non-invasive devices help assess specific medical functions such as body temperature, blood pressure, glucose quantity, respiratory rate, heart rate, and blood oxygen saturation.

The analysts forecast the global heart rate monitoring device market to grow at a CAGR of 13.12% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global heart rate monitoring device market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of heart rate monitoring devices.

The market is divided into the following segments based on geography:

- Americas
- APAC
- EMEA

The report, Global Heart Rate Monitoring Device Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Fitbit
- Garmin
- Polar Electro
- Suunto

Other prominent vendors
- Adidas
- Apple
- Jabra
- Jarv Mobile
- Jawbone
- LifeBEAM Technologies
- Mio Global
- MYZONE
- Nike
- Omron Healthcare
- Pyle
- Samsung
- Scosche Industries
- Sony
- Timex
- TomTom International
- Wahoo Fitness

Market drivers
- Increase in chronic diseases

Market challenges
- Data privacy issues

Market trends
- Increasing popularity of diagnostic wearable devices

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Adidas
  • Garmin
  • Jawbone
  • MYZONE
  • Polar Electro
  • Scosche Industries
  • MORE
PART 01: Executive summary
  • Highlights
PART 02: Scope of the report
  • Market overview
  • Top-vendor offerings
PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market overview
  • Global diagnostic wearable medical devices market
  • Key takeaways
  • Five forces analysis
PART 06: Product segmentation
  • Global heart rate monitoring device market by product type
  • Global chest strap heart rate monitoring device market
  • Global wristband heart rate monitoring device market
PART 07: Geographic segmentation
  • Global heart rate monitoring device market by geography
  • Heart rate monitoring device market in Americas
  • Heart rate monitoring device market in EMEA
  • Heart rate monitoring device market in APAC
PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape
  • Competitive scenario
PART 14: Key vendor analysis
  • Fitbit
  • Garmin
  • Polar Electro
  • Suunto
  • Other prominent vendors
PART 15: Appendix
  • List of abbreviations
PART 16: About the Author

List of Exhibits

Exhibit 01: Product offerings
Exhibit 02: Global diagnostic wearable medical devices market segmentation by type
Exhibit 03: Vital signs monitor applications
Exhibit 04: Global heart rate monitoring device market 2015-2020 ($ millions)
Exhibit 05: Five forces analysis
Exhibit 06: Global heart rate monitoring device market segmentation by product type 2015-2020 (% share)
Exhibit 07: Opportunity analysis of global heart rate monitoring device market
Exhibit 08: Global chest strap heart rate monitoring device market 2015-2020 ($ millions)
Exhibit 09: Global wristband heart rate monitoring device market 2015-2020 ($ millions)
Exhibit 01: Global heart rate monitoring device market by geography 2015-2020 (% share)
Exhibit 10: Global heart rate monitoring device market by geography 2015-2020: An overview
Exhibit 11: Heart rate monitoring device market in Americas 2015-2020 ($ millions)
Exhibit 12: Heart rate monitoring device market in EMEA 2015-2020 ($ millions)
Exhibit 13: Heart rate monitoring device market in APAC 2015-2020 ($ millions)
Exhibit 14: Global smartphone penetration rate 2012-2018
Exhibit 15: Impact of drivers
Exhibit 16: Impact of drivers and challenges
Exhibit 17: Working of wearable devices in healthcare
Exhibit 18: Competitive parameters in global heart rate monitoring device market
Exhibit 19: Fitbit: Key takeaways
Exhibit 20: Garmin: Key takeaways
Exhibit 21: Polar Electro: Key takeaways
Exhibit 22: Suunto: Key takeaways
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Adidas
  • Garmin
  • Jawbone
  • MYZONE
  • Polar Electro
  • Scosche Industries
  • MORE
New Report Released: - Global Heart Rate Monitoring Device Market 2016-2020

The author of the report recognizes the following companies as the key players in the global heart rate monitoring device market: Fitbit, Garmin, Polar Electro, and Suunto.

Other Prominent Vendors in the market are: Adidas, Apple, Jabra, Jarv Mobile, Jawbone, LifeBEAM Technologies, Mio Global, MYZONE, Nike, Omron Healthcare, Pyle, Samsung, Scosche Industries, Sony, Timex, TomTom International, and Wahoo Fitness.

Commenting on the report, an analyst from the research team said: “Earlier, the heart rate monitoring devices only used to provide data specific to the heart rate. But over the past few years, vendors are coming up with products that provide data such as tracking steps, floors climbed, distance covered, calories burned, and active minutes. Vendors have also rolled out products in the market that primarily act as a fitness device but also provide the basic functionalities of a smartwatch. One such example is Fitbit, which is known for its fitness devices rather than smartwatches. The company has launched Surge, a fitness device that comes with calling and texting functionalities, integrating smartwatch features in fitness devices. This trend is likely to gain momentum during the forecast period, which would diminish the gap between a wrist-worn fitness device and a smartwatch.”

According to the report, rise in smartphone penetration will be a key driver for market growth. The rise in the use of smartphones has fueled the global heart rate monitoring device market. Diagnostic wearable devices produce a large amount of health data. However, the analysis of this raw data has been a challenge. Smartphones and related apps are required for better processing and analysis of health information. With innovative technologies, cloud computing, and machine learning, the use of smartphones with specific apps is going to drive every aspect of healthcare, including diagnostic wearable medical devices such as heart rate monitors.

Further, the report states that the design issues are associated with the ergonomics and wearability of the devices such as the physical shape of wearables, their relationship with the human anatomy in motion, and their acceptability in terms of fashion, comfort, and purpose. For example, smartwatches run on processors and internal components designed for smartphones. As a result, many smartwatches end up with bulky frames and low battery life. For some devices, this process also involves the spreading of wearable components around the body. Such design challenges have negatively affected the adoption of heart rate monitoring devices in the market.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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- Fitbit
- Garmin
- Polar Electro
- Suunto
- Adidas
- Apple
- Jabra
- Jarv Mobile
- Jawbone
- LifeBEAM Technologies
- Mio Global
- MYZONE
- Nike
- Omron Healthcare
- Pyle
- Samsung
- Scosche Industries
- Sony
- Timex
- TomTom International
- Wahoo Fitness
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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