AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Heart Rate Monitor market - Global outlook to 2025". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Heart Rate Monitor market to grow at a CAGR of 13.1%.
The End-User, such as Hospitals & Clinics, is boosting the Heart Rate Monitor market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Sales Channel, such as Online, is boosting the Heart Rate Monitor market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global Heart Rate Monitor market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Surging Prevalence of Diabetes and Cardiovascular diseases, Increasing Government Support and Easy Funding for the Development in Developed Countries and Soaring Demand for Home Healthcare.
A heart rate monitor (HRM) is an electronic device measure real-time heartbeat and transmit the data to a receiver display including watch, fitness wearable or phone app. The data is displayed as the number of beats per minute. These are especially designed to work in extreme conditions and are compact and lightweight. Moreover, Asia Pacific countries such as India, China and Japan are the fastest growing economies in which China is the largest geriatric population in the world with unhealthy diets and highest obesity rates owing to sedentary lifestyles
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Heart Rate Monitor market by Type (Wearable Heart Rate Monitors (Bluetooth enabled, chargeable, non-chargeable, and others) and Non-Wearable Heart Rate Monitors), by Application (Sports, Medical and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market