Heart Rate Monitor Market Expected to Grow at a CAGR of 13.50% with Leading Players Garmin Ltd, Visiomed Group, Nike, Fitbit Inc., Mio Global and More by 2023

The Global Heart Rate Monitor Market is expected to grow at a CAGR of 8.2% during forecasted period of 2017-2023. Heart rate monitor are devices used to monitor the heart rate. These devices have got a huge demand from last few years. Introduction of different features like monitoring sleep pattern, calories burn during exercise has attracted many people for self-monitoring the heart rate. Increasing prevalence of cardiac diseases, increasing awareness among the people for monitoring the diseases and adoption of the self-monitoring devises by the people has driven the growth of this market across the globe.

Geographically, North America account the largest heart rate monitor market. About 45% of total global heart rate monitor market is contributed by North America. Increasing population suffering from cardiac diseases, diabetes, increasing health education among the people has help to grow heart rate monitor market in North America. Europe has the second largest heart rate monitor market followed by Asia Pacific. India, Japan and China are the major contributor for the market in Asia Pacific region. Rapid development in medical sector and continuous improvement in health care infrastructure in this region has led to synergistic effect on the growth of the market. Middle East and Africa has the lowest heart rate monitor market.

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Key Players for Global Heart Rate Monitor Market: Key players profiled in the report are Apple, Garmin Ltd., Samsung, Nike, Fitbit, Motorola, Casio Computer Co., Ltd., Polar, Sony and others.

Heart Rate Monitor Market Segments: The global heart rate monitors market is segmented on the basis of type, and use. Based on type, the market has been segmented as strapless, chest strap and others. Based on the use, the market has been segmented as medical, sport and others.

Heart Rate Monitor Market Regional Analysis: US accounts for the maximum market share due to favorable reimbursement scenario and greater expenditure on healthcare. Europe is the second largest market due to large disposable income and rising awareness. Asia Pacific region is the fastest region because of large unmet needs and is led by China and India. The Middle East and Africa market is led by the gulf nations particularly Saudi Arabia and UAE. The poor regions of Africa are expected to be a laggard due to poor economic and political conditions.

Major TOC for Heart Rate Monitor Market Research Report – Forecast to 2023

1. INTRODUCTION

1.1 DEFINITION

1.2 SCOPE OF STUDY

1.2.1 RESEARCH OBJECTIVE

1.2.2 ASSUMPTIONS & LIMITATIONS

1.2.2.1 ASSUMPTIONS

1.2.2.2 LIMITATIONS

1.3 MARKET STRUCTURE:

2. RESEARCH METHODOLOGY

2.1 RESEARCH PROCESS:

2.2 PRIMARY RESEARCH

2.3 SECONDARY RESEARCH:

3. MARKET DYNAMICS

3.1 DRIVERS

3.2 RESTRAINTS

3.3 OPPORTUNITIES

3.4 MACROECONOMIC INDICATORS

4. MARKET FACTOR ANALYSIS

4.1 PORTERS FIVE FORCES MODEL

4.2 BARGAINING POWER OF SUPPLIERS

4.3 BARGAINING POWER OF BUYERS

4.4 THREAT OF NEW ENTRANTS

4.5 THREAT OF SUBSTITUTES

4.6 INTENSITY OF RIVALRY

…TOC Continued

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