Global Heart Rate Monitors Market Insights, Forecast to 2030

Heart Rate Monitors Market

A heart rate monitor is a personal monitoring device that allows one to measure one's heart rate in real time or record the heart rate for later study. It is largely used by performers of various types of physical exercise.

The global Heart Rate Monitors market is projected to grow from US$ 14340 million in 2024 to US$ 18880 million by 2030, at a Compound Annual Growth Rate (CAGR) of 4.7% during the forecast period.

TRENDS INFLUENCING THE GLOBAL HEART RATE MONITORS MARKET

Monitoring of data in fat burning exercises

Lifestyle diseases such as diabetes, and blood pressure has led to the spread of cardiovascular illnesses. People all over the world are joining gyms or doing aerobic exercises in order to get fit and healthy. The advent of wearables technology has helped people to track their vital signs on the go. These devices can help you to adjust your energy intensity to match your heart rate for optimum fat burn. In this way, the body adjusts as per your personalized needs. This is going to drive the growth of the heart rate monitors market during the forecast period. 

Usage during cardio activities

Aerobic or cardiovascular exercise pumps out fresh blood and oxygen thereby increasing the capacity of the heart. The heart rate monitor attached to the wristwatch or on your chest measures the electrical signals and stores huge volumes of data either in the watch or in a managed data center. It is then sent for analysis via a computer where a detailed interpretation of each workout is done to extract maximum benefits. This will lead to largescale adoption of the monitors ultimately driving the growth of the heart rate monitors market in the upcoming years. 

Calculation of peak heart rates

The knowledge of your target heart rate is a must for addressing the challenges related to your weight loss journey. It is a direct number-oriented hard look into the internal mechanisms of your body. Heart rate monitors provide accurate real-time data regarding your peak rate levels. This helps in optimizing the final fitness regimen. Such factors will spur the growth of the heart rate monitors market during the forecast period. 

Technological changes

Prompt diagnosis is an urgent requirement for reducing the mortality rate and economic burden of cardiovascular diseases. Round-the-clock monitoring is the only way out for healthcare professionals to diagnose cases immediately before they turn serious. Multirate heart monitors are being developed that are based on fiber optic technology. It is a soft wearable system that measures the thoracic vibrations of the heart from multiple points. These show promising trends and will bolster the growth of the heart rate monitors market in the future. 

HEART RATE MONITORS MARKET SHARE ANALYSIS

Based on type, the segmentations are chest heart rate monitors and wrist heart rate monitors. Chest monitors contain straps that measure your speed, calories burned, and the rate of your heart during exercise. While wrist types contain optical sensors that monitor the pulse rate through the watch worn on wrists. 

Based on application, the segmentations are fat burn, cardio, and peak. Fat burning uses the monitors to match the energy intensity. Cardio exercises give data on heart rate levels for detailed analysis. On the other hand, a peak is measuring your peak heart rate capacity. 

Based on region, Asia-Pacific is expected to dominate in the heart rate monitors market share with China holding 50% market penetration due to its huge patient base and increasing aging population. 

Heart Rate Monitors Market By Type

• Chest Heart Rate Monitors
• Wrist Heart Rate Monitors

Heart Rate Monitors Market By Application

• Fat Burn
• Cardio
• Peak

Heart Rate Monitors Market By Region

• North America
• U.S.
• Canada
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Asia-Pacific
• China
• Japan
• South Korea
• India
• Australia
• Taiwan
• Indonesia
• Thailand
• Malaysia
• Philippines
• Vietnam
• Latin America
• Mexico
• Brazil
• Argentina
• Middle East & Africa
• Turkey
• Saudi Arabia
• U.A.E

Heart Rate Monitors Market By Company

• Fitbit
• Xiaomi
• Apple
• Samsung
• Garmin
• Suunto
• Polar
• Timex
• EKHO
• Mio Global
• Scosche
• Omron
• Jarv
• Wahoo