Heart Rate Monitoring Devices Market Research Report covers the present scenario and the growth prospects of the Heart Rate Monitoring Devices Industry for 2016-2020. Heart Rate Monitoring Devices Market, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years and discussion of the key vendors effective in this market. To calculate the market size, the report considers the revenue generated from the sales of Heart Rate Monitoring Devices globally.
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The Heart Rate Monitoring Devices Market report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry.
Following Companies Are Key Players of the Heart Rate Monitoring Devices Market:
- Polar Electro
Other Prominent Vendors of Heart Rate Monitoring Devices Market Are:
- Jarv Mobile
- LifeBEAM Technologies
“Earlier, the heart rate monitoring devices only used to provide data specific to the heart rate. But over the past few years, vendors are coming up with products that provide data such as tracking steps, floors climbed, distance covered, calories burned, and active minutes. Vendors have also rolled out products in the market that primarily act as a fitness device but also provide the basic functionalities of a smartwatch. One such example is Fitbit, which is known for its fitness devices rather than smartwatches. The company has launched Surge, a fitness device that comes with calling and texting functionalities, integrating smartwatch features in fitness devices. This trend is likely to gain momentum during the forecast period, which would diminish the gap between a wrist-worn fitness device and a smartwatch.”
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According to the Heart Rate Monitoring Devices Market report, rise in smartphone penetration will be a key driver for market growth. The rise in the use of smartphones has fueled the global heart rate monitoring device market. Diagnostic wearable devices produce a large amount of health data. However, the analysis of this raw data has been a challenge. Smartphones and related apps are required for better processing and analysis of health information. With innovative technologies, cloud computing, and machine learning, the use of smartphones with specific apps is going to drive every aspect of healthcare, including diagnostic wearable medical devices such as heart rate monitors.
Report also presents Geographical Segmentation analysis of Heart Rate Monitoring Devices Market of Americas, APAC, EMEA region.
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Further, the Heart Rate Monitoring Devices Market report states that the design issues are associated with the ergonomics and wearability of the devices such as the physical shape of wearables, their relationship with the human anatomy in motion, and their acceptability in terms of fashion, comfort, and purpose. For example, smartwatches run on processors and internal components designed for smartphones. As a result, many smartwatches end up with bulky frames and low battery life. For some devices, this process also involves the spreading of wearable components around the body. Such design challenges have negatively affected the adoption of heart rate monitoring devices in the market.
Key questions answered in Heart Rate Monitoring Devices market report:
- What will the Heart Rate Monitoring Devices market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving Heart Rate Monitoring Devices market?
- What are the challenges to Heart Rate Monitoring Devices market growth?
- Who are the key vendors in Heart Rate Monitoring Devices market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
No of Pages: 58
Price of Report: $ 2500 (Single User License)
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