Press release
Wearable Heart Monitoring Devices Market is expected to see a growth of 12.5% during 2023ย - 2031 | Report by Transparency Market Research
According to Transparency Market Research, Inc.;ย In 2022, the worldwide๐๐๐๐ซ๐๐๐ฅ๐ ๐๐๐๐ซ๐ญ ๐๐จ๐ง๐ข๐ญ๐จ๐ซ๐ข๐ง๐ ๐๐๐ฏ๐ข๐๐๐ฌ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ attained a valuation of US$ 1.9 billion. Forecasts suggest a notable advancement with a Compound Annual Growth Rate (CAGR) of 12.5% anticipated from 2023 to 2031, surpassing US$ 5.8 billion by the close of 2031.๐๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ :
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Anticipated improvements in patient compliance are poised to drive the expansion of the wearable heart monitoring devices market in the coming years. Additionally, a heightened focus on early detection and prevention of cardiac abnormalities is expected to fuel demand for wearable heart monitoring devices in the near future.
Heart monitoring devices utilize signals produced during each cardiac cycle to evaluate heart health. Various technologies such as phonocardiography, electrocardiography, photoplethysmography, and seismocardiography are employed to assess heart function. The trend towards at-home cardiac monitoring is on the rise, particularly for long-term monitoring, as it aids in mitigating the risk of cardiovascular diseases.
Wearable cardiac monitors offer continuous heart rate and cardiac parameter monitoring in a user-friendly and non-intrusive manner. Typically worn on the wrist or chest, these devices track heart rate, rhythm, and other pertinent data. These benefits are anticipated to drive growth in the wearable heart monitoring devices market in the coming years.
๐๐๐ฃ๐จ๐ซ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ:
Kinetec Medical Products Ltd., Beurer GmbH, Google, Medisana GmbH, Polar Electro, SUUNTO, Koninklijke Philips N.V., and Garmin Ltd.ย
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
Product
Chest Straps & Patches
Pulse Oximeters
Blood Pressure Monitors
Smartwatches
Others (Wrist Monitors, ECG Finger Sensors, etc.)
Application
Healthcare Monitoring
Consumer Wellness
Others (Research, etc.)
End-user
Hospitals
Specialty Centers
Academic & Research Institutes
Home Use
Others (Ambulatory Service Centers, Nursing Homes, etc.)
๐๐๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ:
Inย May 2023,ย HeartBeam, Inc., a cardiac technology company, entered into a Strategic Alliance Agreement (SAA) with Samsung, extending the existing SAA between LIVMOR and Samsung. HeartBeam acquired the assets of LIVMOR earlier in 2023.
Inย January 2023,ย Philips expanded their partnership with Masimo to integrate Masimo's W1 smartwatch into its lineup of patient-monitoring software
Inย June 2020,ย B-Secur and LifeQ announced a collaboration to produce leading wearable heartbeat biometric and health monitoring capabilities
๐๐๐ ๐ข๐จ๐ง๐ฌ ๐๐จ๐ฏ๐๐ซ๐๐:
North America(USA, Canada and Mexico)
Europe(UK, Germany, France and the Rest of Europe)
Asia Pacific(China, Japan, India, and the Rest of the Asia Pacific region)
South America(Brazil, Argentina and the Rest of South America)
Middle East and Africa(GCC and Rest of the Middle East and Africa)
๐๐ซ๐๐๐ซ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ:
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๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
Several trends are reshaping the wearable heart monitoring devices market, including the integration of artificial intelligence and machine learning algorithms for data analysis, the development of compact and comfortable wearable devices, and the emergence of subscription-based models for continuous monitoring services.
๐ ๐ฎ๐ญ๐ฎ๐ซ๐ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:
The future of the wearable heart monitoring devices market looks promising, with continued innovation expected to drive further advancements in device capabilities, data analytics, and user experience. As wearable technology becomes more ubiquitous and seamlessly integrated into daily life, the adoption of wearable heart monitoring devices is poised to soar, offering unprecedented insights into heart health and empowering individuals to take proactive measures for cardiovascular wellness.
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ญ๐ฎ๐๐ฒ ๐๐จ๐ข๐ง๐ญ๐ฌ:
Market size and growth projections
Regional analysis highlighting key growth drivers and trends
Segment-wise analysis based on service type, sourcing type, application, industry vertical, and region
Identification of key market drivers and challenges
Assessment of emerging market trends and future outlook
Competitive landscape analysis and recent developments
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ซ๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐๐:
๐๐ฆ๐ฆ๐จ๐ง๐ข๐ฎ๐ฆ ๐๐ฎ๐ฅ๐๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ-ย https://www.globenewswire.com/news-release/2023/03/22/2632464/0/en/Ammonium-Sulfate-Market-is-expected-to-see-a-growth-of-5-during-2021-2031-Report-by-Transparency-Market-Research.html
๐๐ซ๐๐ง๐ฌ๐๐๐ญ๐ก๐๐ญ๐๐ซ ๐๐๐ฅ๐ฏ๐ ๐๐๐ฉ๐๐ข๐ซ ๐๐ฒ๐ฌ๐ญ๐๐ฆ ๐๐๐ซ๐ค๐๐ญ
-ย https://www.globenewswire.com/news-release/2023/03/22/2632319/0/en/Transcatheter-Valve-Repair-System-Market-to-Hit-USD-9-1-Bn-by-2031-with-CAGR-of-7-7-Transparency-Market-Research.html
๐๐๐จ๐ฎ๐ญ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
Transparency Market Research, a globalย market research companyย registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
๐๐จ๐ง๐ญ๐๐๐ญ:
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel:ย +1-518-618-1030
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