Heart Rate Monitor Watch Market to Surpass US$ 36.6 Billion by 2032 Amid Rising Incidence of Cardiovascular Disease  

Heart Rate Monitor Watch Manufacturers to Capitalize on Growing Demand for Smart and Fitness Devices

In its latest study, Fact.MR provides a detailed analysis of the global heart rate monitor watch market to help readers gain a 360-degree view of the market for the forecast period of 2022 to 2032. Besides, the study highlights factors shaping the future growth prospects of heart rate monitor watch market through segmentation, including operating system, application, display type, and region.

Fact.MR – A Market Research and Competitive Intelligence Provider: The global heart rate monitor watch market size is projected to be valued at US$ 36.6 Billion in 2032 and is likely to reach US$ 19.87 Billion in 2022.

Emergence of novel watches with numerous features, including good battery life, media management, answer messages by voice, apps, alerts and notifications is expected to bode well for the market.

Further, rising prevalence of cardiovascular diseases across the globe is anticipated to drive the demand in the market. As per the Centers for Disease Control and Prevention (CDC), every year, nearly 659,000 people die from heart disease in the U.S.

The organization further mentions that heart disease led to costs of approximately US$ 363 Billion each year from 2016 to 2017 in the U.S. This includes the cost of lost productivity, medicines, and healthcare services.

On account of this, preference for cutting-edge heart rate monitor watches to receive alerts before anything crucial happens is anticipated to surge over the upcoming decade. This will improve the growth in global heart rate monitor watch market.

For Critical Insights on this Market, Request for More Info at:

https://www.factmr.com/connectus/sample?flag=S&rep_id=704

Moreover, high demand for wireless sports and fitness devices owing to rising participation of the young population in various sports related activities worldwide is set to boost growth. Increasing emphasis on connected devices among millennials is another factor that is likely to augur well for the global market.

Key Takeaways:

• China heart rate monitor watch market is expected to reach US$ 3.47 Billion in 2022 and generate nearly 17.5% of the market share.
• North America currently holds about 25.9% of the heart rate monitor watch market share and is valued at US$ 5.14 Billion.
• Europe heart rate monitor watch market is estimated to generate a robust share of approximately 22.7% in 2022.

• The global heart rate monitor watch market is anticipated to exhibit considerable growth by showcasing 6.3% CAGR from 2022 to 2032.
• By operating system, sales of iOS heart rate monitor watches are set to surge on the back of increasing adoption of Apple products in North America and Europe.

Growth Drivers:

• Increasing prevalence of cardiac disorders and diabetes among the geriatric population is projected to drive the demand in the market.
• Rising awareness programs conducted by governments to promote the use of heart rate monitor watches for preventing cardiovascular diseases would fuel growth.

Restraints:

• Heart rate monitor watches are not always accurate during sports events where a person needs to flex their muscles or tendons near their wrist.
• Low chance of receiving accurate results if heart rate monitor watches are worn on top of tattooed skin.

To Gain In-Depth Insights on Heart Rate Monitor Watch Market, Request Methodology at

https://www.factmr.com/connectus/sample?flag=RC&rep_id=704

Competitive Landscape:

Leading companies operating in the global heart rate monitor watch market are focusing on investing huge sums in research and development activities to introduce state-of-the-art products. They are also aiming to innovate their existing product offerings by unveiling novel features to attract a large consumer base. Some of them are joining hands with education and research institutions to co-develop new technologies.

For instance,

• In July 2022, researchers published a new study in the Nano Energy journal which elaborates their discovery developed with the help of 3D printing of nanomaterials. These were printed on flexible substrates for wireless and real-time monitoring of vital signs. The current prototype works as a self-powered radial artery pulse monitor. However, several other aspects of health, including blood pressure, body temperature, or heart rate can be evaluated by changing the sensor circuitry.
• In July 2022, Noise, a leading Indian tech brand providing latest lifestyle products, introduced the Noise ColorFit Pulse 2 smartwatch. The company aims to broaden its smartwatch offerings with this new launch. The product comes with a SpO2 monitor, heart rate sensor, and an LCD touchscreen display. It can also keep track of calories burned, stress level, and sleep.

Key Companies Profiled by Fact.MR

• Apple
• Sony
• Sigma
• Samsung

• Motorola
• Mio
• Nike
• Garmin
• Polar

• Epson
• Asus
• LG
• Lenovo
• Fitbit

More Valuable Insights on Heart Rate Monitor Watch Market

In the latest study, Fact.MR offers a detailed study on global heart rate monitor watch market for the forecast period of 2022 to 2032. This study also highlights key drivers promoting the sales of heart rate monitor watch through detailed segmentation as follows:

By Operating System:

• Android Heart Rate Monitor Watches
• iOS Heart Rate Monitor Watches

By Application:

• Healthcare
• Sports
• Personal Assistance

By Display Type:

• PMOLED Heart Rate Monitor Watches
• AMOLED Heart Rate Monitor Watches
• TFT LCD Heart Rate Monitor Watches

By Region:

• North America

• Latin America
• Europe
• APAC
• MEA

For Comprehensive Insights Ask An Analyst Here

https://www.factmr.com/connectus/sample?flag=AE&rep_id=704

Key Questions Covered in the Heart Rate Monitor Watch Market Report

• What is the projected value of the heart rate monitor watch market in 2022?
• At what rate will the global heart rate monitor watch market grow until 2032?
• Which are the factors hampering the growth in the heart rate monitor watch market?
• Which region is expected to lead in the global heart rate monitor watch market during 2022-2032?
• Which are the factors driving the heart rate monitor watch market during the forecast period?

• What is the expected market value of the heart rate monitor watch market during the forecast period?

Explore Fact.MR’s Coverage on the Healthcare Domain

Cardiac Ablation Technologies Market - Cardiac Ablation Technologies Market Analysis by Technology (Radiofrequency, Ultrasound, Cryoablation, Microwave, Laser Cardiac Ablation Technology), by Application (Atrial Fibrillation, Ventricular Tachycardia), by Region and Global Forecast 2022-2032

Urinary Tract Infection Treatment Market - Urinary Tract Infection Treatment Market Analysis by Drug Class (Penicillin and Combinations, Quinolones, Cephalosporin, Aminoglycoside Antibiotics, Sulphonamides), by Indication (Complicated UTI, Uncomplicated UTI), by Distribution Channel & Regional Forecast 2021-2031

Biomedical Textiles Market - Biomedical Textiles Market Analysis by Fabric (Non-woven, Woven, Knitted Biomedical Textiles), by Fiber (Biodegradable, Non-biodegradable Biomedical Textiles), by Application, by End Use & Region - Global Forecast 2022-2032

Medical Foam Market - Medical Foam Market Analysis by Product (Flexible, Rigid, Spray Medical Foam), by Material (Polyurethane, Polystyrene, Polyolefin, Polyvinyl Chloride Medical Foam), by Application & Region - Global Forecast 2022-2032

Vaccine Delivery Devices Market - Vaccine Delivery Device Market Analysis Report By Product (Syringe Based Vaccine Delivery Devices, Jet Injector Based Vaccine Delivery Devices), By Route of Administration (Subcutaneous, Intramuscular, Intradermal Vaccine Delivery Devices), By Region - Global Insights 2022-2032

Breast Cancer Diagnostics Market - Breast Cancer Diagnostics Market Analysis by Test Type (CA Tests, BRCA Test, ER & PR Test, CEA Test, KRAS Mutation Test, HER 2 Test, PSA Test, EGFR Mutation Test, Immunohistochemistry for Breast Cancer), by End-User & Region - Global Forecast 2022-2032

Flat Panel Detector Based X-Ray for Cone Beam CT Market - Flat Panel Detector Based X-Ray for Cone Beam CT Market Analysis By Application (ENT, Orthopedics, Dental Applications), By Product (Sitting, Standing Flat Panel Detector based X-Ray for Cone Beam CT), By End User, By Region - Global Insights 2022-2032

Medical Foods Market - Medical Foods Market Analysis Report By Route of Administration (Oral Medical Foods, Enteral Medical Foods), By Product (Medical Food Pills, Medical Food Liquids, Medical Food Powder), By Application, By Distribution Channel, By Region - Global Insights 2022-2032

Parenteral Nutrition Market - Parenteral Nutrition Market Analysis by Nutrient Type (Carbohydrates, Parenteral Lipid Emulsion, Single Dose Amino Acid Solution, Trace Elements, Vitamins & Minerals), by Region- Forecast 2022 to 2032

mHealth Market - mHealth Market Analysis By Component (mHealth Wearables, mHealth Apps, Fitness Apps), By Services (mHealth Monitoring Services, mHealth Diagnosis Services, mHealthcare Systems Strengthening Services), By Participants, By Region - Global Forecast 2022-2032

About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:

Mahendra Singh
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
Email: sales@factmr.com
Tel: +1 (628) 251-158