Certified Global Research Member
Isomar fd.webp Wcrc 57.webp
Key Questions Answered
  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players’ financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.

Heart Rate Monitor Market Share Analysis And Growth By Type (Wearable (Chest Strap, Wrist Strap, Strapless), Non-Wearable), Indication (Sports, Medical) End Users (Hospital & Clinics, Sport Medicine Centers, Professionals, Individuals) – Forecast Till 2032


ID: MRFR/MED/0862-CR | 110 Pages | Author: Rahul Gotadki| February 2021
Leading companies partner with us for data-driven Insights
client_1 client_2 client_3 client_4 client_5 client_6 client_7 client_8 client_9 client_10
Please fill in Business Email for Quick Response

1 Report Prologue

2 Market Introduction

2.1 Scope of Study 16

2.2 Research Objective 16

2.3 Assumptions & Limitations 16

2.3.1 Assumptions 16

2.3.2 Limitations 16

2.4 Market Structure 17

3 Research Methodology

3.1 Primary Research Methodology 19

3.2 Secondary Research Methodology 20

3.3 Market Share Analysis 21

3.4 Trade Analysis 21

3.5 Market Pricing Approach 21

4 Market Dynamics

4.1 Introduction 22

4.2 Drivers 23

4.2.1 Increasing Prevalence of Cardiovascular Diseases 23

4.2.2 Favourable Reimbursement Policies 24

4.2.3 Increasing Geriatric Population 25

4.3 Restraints 26

4.3.1 High Cost of Smart Heart Rate Monitors such as Smart Watches and Availability of Similar Health Tracking Apps in Smart Phones 26

5 Market Factor Analysis

5.1 Porter’s Five Forces Model 27

5.1.1 Bargaining Power of Suppliers 28

5.1.2 Bargaining Power of Buyers 28

5.1.3 Threat of New Entrants 28

5.1.4 Threat of Substitutes 28

5.1.5 Intensity of Rivalry 28

5.2 Value Chain Analysis 29

5.2.1 Device manufacturers 30

5.2.2 App developers 30

5.2.3 Network providers/ Mobile operators 30

5.2.4 Healthcare providers 30

5.2.5 Patients 31

6 Heart Rate Monitors Market, By Type

6.1 Introduction 32

6.2 Wearable HR Monitors 33

6.3 Non-wearable HR Monitors 34

7 Heart Rate Monitors Market, by Application

7.1 Introduction 35

7.2 Sports 36

7.3 Medical 37

7.4 Others 37

8 Heart Rate Monitors Market, by End User

8.1 Introduction 38

8.2 Hospitals & Clinics 39

8.3 Sport Medicine Centers 40

8.4 Professionals 41

8.5 Individuals 42

9 Global Heart Rate Monitors Market, By Region

9.1 Introduction 43

9.2 Americas 45

Heart Rate Monitors Market, By Type

Heart Rate Monitors Market, by Application

Heart Rate Monitors Market, by End User

9.2.1 U.S. 48

Heart Rate Monitors Market, By Type

Heart Rate Monitors Market, by Application

Heart Rate Monitors Market, by End User

9.2.2 Canada 49

Heart Rate Monitors Market, By Type

Heart Rate Monitors Market, by Application

Heart Rate Monitors Market, by End User

9.2.3 South America 51

Heart Rate Monitors Market, By Type

Heart Rate Monitors Market, by Application

Heart Rate Monitors Market, by End User

9.3 Europe 53

Heart Rate Monitors Market, By Type

Heart Rate Monitors Market, by Application

Heart Rate Monitors Market, by End User

9.3.1 Germany 56

Heart Rate Monitors Market, By Type

Heart Rate Monitors Market, by Application

Heart Rate Monitors Market, by End User

9.3.2 France 57

Heart Rate Monitors Market, By Type

Heart Rate Monitors Market, by Application

Heart Rate Monitors Market, by End User

9.3.3 U.K 59

Heart Rate Monitors Market, By Type

Heart Rate Monitors Market, by Application

Heart Rate Monitors Market, by End User

9.3.4 Italy 60

Heart Rate Monitors Market, By Type

Heart Rate Monitors Market, by Application

Heart Rate Monitors Market, by End User

9.3.5 Spain 62

Heart Rate Monitors Market, By Type

Heart Rate Monitors Market, by Application

Heart Rate Monitors Market, by End User

9.3.6 Rest of Western Europe 63

Heart Rate Monitors Market, By Type

Heart Rate Monitors Market, by Application

Heart Rate Monitors Market, by End User

9.3.7 Eastern Europe 65

Heart Rate Monitors Market, By Type

Heart Rate Monitors Market, by Application

Heart Rate Monitors Market, by End User

9.4 Asia Pacific 67

Heart Rate Monitors Market, By Type

Heart Rate Monitors Market, by Application

Heart Rate Monitors Market, by End User

9.4.1 Japan 70

Heart Rate Monitors Market, By Type

Heart Rate Monitors Market, by Application

Heart Rate Monitors Market, by End User

9.4.2 China 71

Heart Rate Monitors Market, By Type

Heart Rate Monitors Market, by Application

Heart Rate Monitors Market, by End User

9.4.3 India 73

Heart Rate Monitors Market, By Type

Heart Rate Monitors Market, by Application

Heart Rate Monitors Market, by End User

9.4.4 Australia 74

Heart Rate Monitors Market, By Type

Heart Rate Monitors Market, by Application

Heart Rate Monitors Market, by End User

9.4.5 Republic of Korea 76

Heart Rate Monitors Market, By Type

Heart Rate Monitors Market, by Application

Heart Rate Monitors Market, by End User

9.4.6 Rest of Asia Pacific 77

Heart Rate Monitors Market, By Type

Heart Rate Monitors Market, by Application

Heart Rate Monitors Market, by End User

9.5 Middle East & Africa 79

Heart Rate Monitors Market, By Type

Heart Rate Monitors Market, by Application

Heart Rate Monitors Market, by End User

9.5.1 Middle East 82

Heart Rate Monitors Market, By Type

Heart Rate Monitors Market, by Application

Heart Rate Monitors Market, by End User

9.5.2 Africa 83

Heart Rate Monitors Market, By Type

Heart Rate Monitors Market, by Application

Heart Rate Monitors Market, by End User

10 Competitive Landscape

10.1 Introduction 85

10.2 Company Share Analysis 86

10.3 Key Developments 87

11 Company Profiles

11.1 Fitbit, Inc. 88

11.1.1 Company Overview 88

11.1.2 Financials 88

11.1.3 Products 88

11.1.4 Strategy 88

11.1.5 Key Developments 88

11.2 Apple 89

11.2.1 Company Overview 89

11.2.2 Financials 89

11.2.3 Products 89

11.2.4 Strategy 89

11.2.5 Key Developments 89

11.3 Samsung Electronics Co., Ltd. 90

11.3.1 Company Overview 90

11.3.2 Financials 90

11.3.3 Products 90

11.3.4 Strategy 90

11.3.5 Key Developments 90

11.4 Nike 91

11.4.1 Company Overview 91

11.4.2 Financials 91

11.4.3 Products 91

11.4.4 Strategy 91

11.4.5 Key Developments 91

11.5 Garmin Ltd. 92

11.5.1 Company Overview 92

11.5.2 Financials 92

11.5.3 Products 92

11.5.4 Strategy 92

11.5.5 Key Developments 92

11.6 Motorola Solutions, Inc. 93

11.6.1 Company Overview 93

11.6.2 Financials 93

11.6.3 Products 93

11.6.4 Strategy 93

11.6.5 Key Developments 93

11.7 Polar Electro 94

11.7.1 Company Overview 94

11.7.2 Financials 94

11.7.3 Products 94

11.7.4 Strategy 94

11.7.5 Key Developments 94

11.8 Sony 95

11.8.1 Company Overview 95

11.8.2 Financials 95

11.8.3 Products 95

11.8.4 Strategy 95

11.8.5 Key Developments 95

11.9 Visiomed Group 96

11.9.1 Company Overview 96

11.9.2 Financials 96

11.9.3 Products 96

11.9.4 Strategy 96

11.9.5 Key Developments 96

11.10 Omron Healthcare, Inc. 97

11.10.1 Company Overview 97

11.10.2 Financials 97

11.10.3 Products 97

11.10.4 Strategy 97

11.10.5 Key Developments 97

11.11 Beurer GmbH 98

11.11.1 Company Overview 98

11.11.2 Financials 98

11.11.3 Products 98

11.11.4 Strategy 98

11.11.5 Key Developments 98

11.12 TomTom International BV 99

11.12.1 Company Overview 99

11.12.2 Financials 99

11.12.3 Products 99

11.12.4 Strategy 99

11.12.5 Key Developments 99

11.13 nu-beca & maxcellent co. 100

11.13.1 Company Overview 100

11.13.2 Financials 100

11.13.3 Products 100

11.13.4 Strategy 100

11.13.5 Key Developments 100

11.14 LG Electronics 101

11.14.1 Company Overview 101

11.14.2 Financials 101

11.14.3 Products 101

11.14.4 Strategy 101

11.14.5 Key Developments 101

11.15 Mio Global 102

11.15.1 Company Overview 102

11.15.2 Financials 102

11.15.3 Products 102

11.15.4 Strategy 102

11.15.5 Key Developments 102

12 Conclusion

12.1 Key Findings 103

12.1.1 CEO’s Viewpoint 103

12.1.2 Unmet Needs 103

12.1.3 Key Companies to Watch 103

12.1.4 Prediction of Medical Device Industry 103

13 Appendix

13.1 Discussion Blue Print 104

13.2 References 106

14 List of Tables

TABLE 1 PRIMARY INTERVIEWS 19

TABLE 2 GLOBAL HEART RATE MONITORS MARKET, BY TYPE, 2020-2027 (USD MILLION) 33

TABLE 3 GLOBAL WEARABLE HR MONITORS MARKET, BY REGION 2020-2027 (USD MILLION) 33

TABLE 4 GLOBAL NON-WEARABLE HR MONITORS MARKET, BY REGION, 2020-2027 (USD MILLION) 34

TABLE 5 GLOBAL HEART RATE MONITORS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 35

TABLE 6 GLOBAL SPORTS MARKET, BY REGION, 2020-2027 (USD MILLION) 36

TABLE 7 GLOBAL MEDICAL MARKET, BY REGION, 2020-2027 (USD MILLION) 37

TABLE 8 GLOBAL HEART RATE MONITORS MARKET, END USER, BY REGION, 2020-2027 (USD MILLION) 39

TABLE 9 GLOBAL HOSPITALS & CLINICS MARKET, BY REGION, 2020-2027 (USD MILLION) 39

TABLE 10 GLOBAL SPORT MEDICINE CENTRES MARKET, BY REGION, 2020-2027 (USD MILLION) 40

TABLE 11 GLOBAL PROFESSIONALS MARKET, BY REGION, 2020-2027 (USD MILLION) 41

TABLE 12 GLOBAL INDIVIDUALS MARKET, BY REGION, 2020-2027 (USD MILLION) 42

TABLE 13 GLOBAL HEART RATE MONITORS MARKET, BY REGION, 2020-2027 (USD MILLION) 44

TABLE 14 AMERICAS HEART RATE MONITORS MARKET, BY REGION, 2020-2027 (USD MILLION) 46

TABLE 15 AMERICAS HEART RATE MONITORS MARKET, TYPE, 2020-2027 (USD MILLION) 46

TABLE 16 AMERICAS HEART RATE MONITORS MARKET, APPLICATION, 2020-2027 (USD MILLION) 47

TABLE 17 AMERICAS HEART RATE MONITORS MARKET, END USER, 2020-2027 (USD MILLION) 47

TABLE 18 U.S. HEART RATE MONITORS MARKET, TYPE, 2020-2027 (USD MILLION) 48

TABLE 19 U.S. HEART RATE MONITORS MARKET, APPLICATION, 2020-2027 (USD MILLION) 48

TABLE 20 U.S. HEART RATE MONITORS MARKET, END USER, 2020-2027 (USD MILLION) 49

TABLE 21 CANADA HEART RATE MONITORS MARKET, TYPE, 2020-2027 (USD MILLION) 49

TABLE 22 CANADA HEART RATE MONITORS MARKET, APPLICATION, 2020-2027 (USD MILLION) 50

TABLE 23 CANADA HEART RATE MONITORS MARKET, END USER, 2020-2027 (USD MILLION) 50

TABLE 24 SOUTH AMERICA HEART RATE MONITORS MARKET, TYPE, 2020-2027 (USD MILLION) 51

TABLE 25 SOUTH AMERICA HEART RATE MONITORS MARKET, APPLICATION, 2020-2027 (USD MILLION) 51

TABLE 26 SOUTH AMERICA HEART RATE MONITORS MARKET, END USER, 2020-2027 (USD MILLION) 52

TABLE 27 EUROPE HEART RATE MONITORS MARKET, BY REGION, 2020-2027 (USD MILLION) 54

TABLE 28 EUROPE HEART RATE MONITORS MARKET, TYPE, 2020-2027 (USD MILLION) 54

TABLE 29 EUROPE HEART RATE MONITORS MARKET, APPLICATION, 2020-2027 (USD MILLION) 55

TABLE 30 EUROPE HEART RATE MONITORS MARKET, END USER, 2020-2027 (USD MILLION) 55

TABLE 31 GERMANY HEART RATE MONITORS MARKET, BY TYPE, 2020-2027 (USD MILLION) 56

TABLE 32 GERMANY HEART RATE MONITORS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 56

TABLE 33 GERMANY HEART RATE MONITORS MARKET, BY END USER, 2020-2027 (USD MILLION) 57

TABLE 34 FRANCE HEART RATE MONITORS MARKET, BY TYPE, 2020-2027 (USD MILLION) 57

TABLE 35 FRANCE HEART RATE MONITORS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 58

TABLE 36 FRANCE HEART RATE MONITORS MARKET, BY END USER, 2020-2027 (USD MILLION) 58

TABLE 37 U.K HEART RATE MONITORS MARKET, BY TYPE, 2020-2027 (USD MILLION) 59

TABLE 38 U.K HEART RATE MONITORS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 59

TABLE 39 U.K HEART RATE MONITORS MARKET, BY END USER, 2020-2027 (USD MILLION) 60

TABLE 40 ITALY HEART RATE MONITORS MARKET, BY TYPE, 2020-2027 (USD MILLION) 60

TABLE 41 ITALY HEART RATE MONITORS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 61

TABLE 42 ITALY HEART RATE MONITORS MARKET, BY END USER, 2020-2027 (USD MILLION) 61

TABLE 43 SPAIN HEART RATE MONITORS MARKET, BY TYPE, 2020-2027 (USD MILLION) 62

TABLE 44 SPAIN HEART RATE MONITORS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 62

TABLE 45 SPAIN HEART RATE MONITORS MARKET, BY END USER, 2020-2027 (USD MILLION) 63

TABLE 46 REST OF WESTERN EUROPE HEART RATE MONITORS MARKET, BY TYPE, 2020-2027 (USD MILLION) 63

TABLE 47 REST OF WESTERN EUROPE HEART RATE MONITORS MARKET, BY APPLICATION,

2020-2027 (USD MILLION) 64

TABLE 48 REST OF WESTERN EUROPE HEART RATE MONITORS MARKET, BY END USER, 2020-2027 (USD MILLION) 64

TABLE 49 EASTERN EUROPE HEART RATE MONITORS MARKET, BY TYPE, 2020-2027 (USD MILLION) 65

TABLE 50 EASTERN EUROPE HEART RATE MONITORS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 65

TABLE 51 EASTERN EUROPE HEART RATE MONITORS MARKET, BY END USER, 2020-2027 (USD MILLION) 66

TABLE 52 ASIA PACIFIC HEART RATE MONITORS MARKET, BY REGION, 2020-2027 (USD MILLION) 68

TABLE 53 ASIA PACIFIC HEART RATE MONITORS MARKET, BY TYPE, 2020-2027 (USD MILLION) 68

TABLE 54 ASIA PACIFIC HEART RATE MONITORS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 69

TABLE 55 ASIA PACIFIC HEART RATE MONITORS MARKET, BY END USER, 2020-2027 (USD MILLION) 69

TABLE 56 JAPAN HEART RATE MONITORS MARKET, BY TYPE, 2020-2027 (USD MILLION) 70

TABLE 57 JAPAN HEART RATE MONITORS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 70

TABLE 58 JAPAN HEART RATE MONITORS MARKET, BY END USER, 2020-2027 (USD MILLION) 71

TABLE 59 CHINA HEART RATE MONITORS MARKET, BY TYPE, 2020-2027 (USD MILLION) 71

TABLE 60 CHINA HEART RATE MONITORS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 72

TABLE 61 CHINA HEART RATE MONITORS MARKET, BY END USER, 2020-2027 (USD MILLION) 72

TABLE 62 INDIA HEART RATE MONITORS MARKET, BY TYPE, 2020-2027 (USD MILLION) 73

TABLE 63 INDIA HEART RATE MONITORS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 73

TABLE 64 INDIA HEART RATE MONITORS MARKET, BY END USER, 2020-2027 (USD MILLION) 74

TABLE 65 AUSTRALIA HEART RATE MONITORS MARKET, BY TYPE, 2020-2027 (USD MILLION) 74

TABLE 66 AUSTRALIA HEART RATE MONITORS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 75

TABLE 67 AUSTRALIA HEART RATE MONITORS MARKET, BY END USER, 2020-2027 (USD MILLION) 75

TABLE 68 REPUBLIC OF KOREA HEART RATE MONITORS MARKET, BY TYPE, 2020-2027 (USD MILLION) 76

TABLE 69 REPUBLIC OF KOREA HEART RATE MONITORS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 76

TABLE 70 REPUBLIC OF KOREA HEART RATE MONITORS MARKET, BY END USER, 2020-2027 (USD MILLION) 77

TABLE 71 REST OF ASIA PACIFIC HEART RATE MONITORS MARKET, BY TYPE, 2020-2027 (USD MILLION) 77

TABLE 72 REST OF ASIA PACIFIC HEART RATE MONITORS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 78

TABLE 73 REST OF ASIA PACIFIC HEART RATE MONITORS MARKET, BY END USER, 2020-2027 (USD MILLION) 78

TABLE 74 MIDDLE EAST & AFRICA HEART RATE MONITORS MARKET, BY REGION, 2020-2027 (USD MILLION) 80

TABLE 75 MIDDLE EAST & AFRICA HEART RATE MONITORS MARKET, BY TYPE, 2020-2027 (USD MILLION) 80

TABLE 76 MIDDLE EAST & AFRICA HEART RATE MONITORS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 81

TABLE 77 MIDDLE EAST & AFRICA HEART RATE MONITORS MARKET, BY END USER, 2020-2027 (USD MILLION) 81

TABLE 78 MIDDLE EAST HEART RATE MONITORS MARKET, BY TYPE, 2020-2027 (USD MILLION) 82

TABLE 79 MIDDLE EAST HEART RATE MONITORS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 82

TABLE 80 MIDDLE EAST HEART RATE MONITORS MARKET, BY END USER, 2020-2027 (USD MILLION) 83

TABLE 81 AFRICA HEART RATE MONITORS MARKET, BY TYPE, 2020-2027 (USD MILLION) 83

TABLE 82 AFRICA HEART RATE MONITORS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 84

TABLE 83 AFRICA HEART RATE MONITORS MARKET, BY END USER, 2020-2027 (USD MILLION) 84

15 List of Figures

FIGURE 1 GLOBAL HEART RATE MONITORS MARKET, BY TYPE, 2020(%) 13

FIGURE 2 GLOBAL HEART RATE MONITORS MARKET, BY APPLICATION, 2020(%) 13

FIGURE 3 GLOBAL HEART RATE MONITORS MARKET, BY END USER, 2020(%) 14

FIGURE 4 GLOBAL HEART RATE MONITORS MARKET, BY REGION, 2020(%) 15

FIGURE 5 MARKET STRUCTURE OF GLOBAL HEART RATE MONITORS MARKET 17

FIGURE 6 RESEARCH METHODOLOGY 18

FIGURE 7 MAKRET DYNAMICS 22

FIGURE 8 PORTERS FIVE FORCES MODEL: GLOBAL HEART RATE MONITORS MARKET 27

FIGURE 9 VALUE CHAIN: GLOBAL HEART RATE MONITORS MARKET 29

FIGURE 10 GLOBAL HEART RATE MONITORS MARKET, BY TYPE, 2020& 2027 (USD MILLION) 32

FIGURE 11 GLOBAL HEART RATE MONITORS MARKET, BY APPLICATION 2020& 2027 (USD MILLION) 35

FIGURE 12 GLOBAL HEART RATE MONITORS MARKET BY END USER, 2020& 2027 (USD MILLION) 38

FIGURE 13 GLOBAL HEART RATE MONITORS MARKET, BY REGION, 2020& 2027 (USD MILLION) 43

FIGURE 14 AMERICAS HEART RATE MONITORS MARKET, BY REGION, 2020(%) 45

FIGURE 15 EUROPE HEART RATE MONITORS MARKET, BY REGION, 2020(%) 53

FIGURE 16 ASIA PACIFIC HEART RATE MONITORS MARKET, BY COUNTRY/REGION, 2020(%) 67

FIGURE 17 MIDDLE EAST & AFRICA HEART RATE MONITORS MARKET, BY REGION, 2020(%) 79

FIGURE 18 GLOBAL HEART RATE MONITORS MARKET, COMPANY SHARE ANALYSIS, 2020(%) 86

Purchase Option
Single User $ 4,950
Multiuser License $ 5,950
Enterprise User $ 7,250
Compare Licenses
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.