Heart Rate Monitors Industry 2019
Description:-
The heart rate monitors are those devices which are used for monitoring pulse or heart rate. These gadgets can be wearable or non-wearable, installed with sensors. However, the equipment tracks pulse or heart rate of an individual amid physical exercises or rest. Heart rate monitoring is one of the real procedures in managing the diseases. Attributable to expanding pattern for utilizing wearable medicinal gadgets and rising accentuation on wellbeing and wellness the interest for these gadgets is observed to grow from the last few years. Developing interests over the globe in regard to wellbeing and prevention of different cardiovascular infections is expanding the interest for these devices. The Global Heart Rate Monitors Market is anticipated to grow at a CAGR of 13.50% during the Estimate Period (2017-2023).
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The global heart rate monitors market is relied upon to demonstrate huge development amid the forecast period attributable to the expanding predominance of different heart diseases, and developing pattern of utilizing wearable heart rate monitor, for example, smartwatch among the grown-ups. However, the expensive nature of the wearable heart rate monitors could hamper the development of the market over the globe.
Market Segmentation
The global heart rate monitors market is divided on the basis of its application, types, end users and regional demand. On the basis of its application, the global market is bifurcated into medical, sports, and others. Based on its type, the global heart rate monitors market is classified into non-wearable and wearable devices. Based on its end-user industry, the market is sectioned into sport medicine centers, hospital & clinics, individuals, professionals, and others.
Regional Analysis
Geographically, the global heart rate monitors market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa.
Major Players
The major industry players of the global heart rate monitors market include companies like Apple (U.S.), Visiomed Group (France), Garmin Ltd.(U.S.), SAMSUNG ELECTRONICS Co. Ltd. (South Korea), Fitbit Inc. (U.S.), Nike (U.S.), Mio Global (South Korea), Omron Healthcare (Japan), Inc., Beurer GmbH (Germany), LG Electronics (South Korea), Motorola, Polar Electro (Finland), nu-beca & maxcellent co. (Taiwan), TomTom International BV (The Netherlands), Sony (Japan), Motorola Solutions, Inc. (U.S.), among others.
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Table Of Contents – Major Key Points
1 Report Prologue
2 Market Introduction
2.1 Scope of Study
2.2 Research Objective
2.3 Assumptions & Limitations
2.3.1 Assumptions
2.3.2 Limitations
2.4 Market Structure
3 Research Methodology
3.1 Primary Research Methodology
3.2 Secondary Research Methodology
3.3 Market Share Analysis
3.4 Trade Analysis
3.5 Market Pricing Approach
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Increasing Prevalence of Cardiovascular Diseases
4.2.2 Favourable Reimbursement Policies
4.2.3 Increasing Geriatric Population
4.3 Restraints
4.3.1 High Cost of Smart Heart Rate Monitors such as Smart Watches and Availability of Similar Health Tracking Apps in Smart Phones
5 Market Factor Analysis
5.1 Porter’s Five Forces Model
5.1.1 Bargaining Power of Suppliers
5.1.2 Bargaining Power of Buyers
5.1.3 Threat of New Entrants
5.1.4 Threat of Substitutes
5.1.5 Intensity of Rivalry
5.2 Value Chain Analysis
5.2.1 Device manufacturers
5.2.2 App developers
5.2.3 Network providers/ Mobile operators
5.2.4 Healthcare providers
5.2.5 Patients
6 Global Heart Rate Monitors Market, By Type
6.1 Introduction
6.2 Wearable HR Monitors
6.3 Non-wearable HR Monitors
7 Global Heart Rate Monitors Market, by Application
7.1 Introduction
7.2 Sports
7.3 Medical
7.4 Others
Continued……
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