Market Analysis and Insights: Global Heart Rate Monitors Market

A heart rate monitor is a personal monitoring device that allows one to measure one's heart rate in real time or record the heart rate for later study. It is largely used by performers of various types of physical exercise.

Due to the COVID-19 pandemic, the global Heart Rate Monitors market size is estimated to be worth US$ 13640 million in 2022 and is forecast to a readjusted size of US$ 18880 million by 2029 with a CAGR of 4.7% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Chest Heart Rate Monitors accounting for % of the Heart Rate Monitors global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Fat Burn segment is altered to an % CAGR throughout this forecast period.

Fitbit, Xiaomi, Apple, Samsung, Garmin are the leaders of the Heart Rate Monitors industry, which take about 55% market share. China is the major region of the global market, which takes about 50% market share.

Global Heart Rate Monitors Scope and Market Size

The global Heart Rate Monitors market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Heart Rate Monitors market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.


Segment by Type


Chest Heart Rate Monitors

Wrist Heart Rate Monitors


Segment by Application


Fat Burn

Cardio

Peak

By Region

United States

Europe

China

Japan

Southeast Asia

India

Other Regions


By Company


Fitbit

Xiaomi

Apple

Samsung

Garmin

Suunto

Polar

Timex

EKHO

Mio Global

Scosche

Omron

Jarv

Wahoo